Buhler Pb Ratio vs Roic Analysis
BUI Stock | CAD 2.88 0.07 2.37% |
Buhler Industries financial indicator trend analysis is way more than just evaluating Buhler Industries prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Buhler Industries is a good investment. Please check the relationship between Buhler Industries Pb Ratio and its Roic accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Buhler Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Pb Ratio vs Roic
Pb Ratio vs Roic Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Buhler Industries Pb Ratio account and Roic. At this time, the significance of the direction appears to have very week relationship.
The correlation between Buhler Industries' Pb Ratio and Roic is 0.29. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Roic in the same time period over historical financial statements of Buhler Industries, assuming nothing else is changed. The correlation between historical values of Buhler Industries' Pb Ratio and Roic is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pb Ratio of Buhler Industries are associated (or correlated) with its Roic. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roic has no effect on the direction of Pb Ratio i.e., Buhler Industries' Pb Ratio and Roic go up and down completely randomly.
Correlation Coefficient | 0.29 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Pb Ratio
Roic
Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.Most indicators from Buhler Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Buhler Industries current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Buhler Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Buhler Industries' Enterprise Value Over EBITDA is very stable compared to the past year. As of the 22nd of November 2024, Enterprise Value Multiple is likely to grow to 15.38, while Selling General Administrative is likely to drop about 21.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 34.0M | 27.7M | 24.9M | 26.8M | Total Revenue | 239.9M | 238.5M | 274.3M | 244.0M |
Buhler Industries fundamental ratios Correlations
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Buhler Industries Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Buhler Industries fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 227.8M | 224.9M | 231.6M | 232.9M | 267.8M | 223.0M | |
Short Long Term Debt Total | 37.7M | 38.1M | 7.2M | 39.2M | 45.1M | 29.5M | |
Total Current Liabilities | 146.3M | 131.5M | 116.1M | 85.3M | 98.1M | 87.7M | |
Total Stockholder Equity | 81.0M | 89.9M | 88.9M | 95.9M | 110.3M | 117.5M | |
Property Plant And Equipment Net | 18.0M | 15.8M | 14.4M | 13.1M | 11.8M | 21.9M | |
Net Debt | 38.1M | 7.2M | 39.2M | 10.7M | 12.3M | 11.7M | |
Retained Earnings | 51.0M | 50.6M | 58.9M | 65.9M | 75.8M | 88.0M | |
Accounts Payable | 104.9M | 74.5M | 75.9M | 71.9M | 82.6M | 60.3M | |
Non Current Assets Total | 29.6M | 27.5M | 28.8M | 20.5M | 23.5M | 44.9M | |
Net Receivables | 46.8M | 33.4M | 23.5M | 26.0M | 29.9M | 51.0M | |
Liabilities And Stockholders Equity | 262.6M | 227.8M | 224.9M | 231.6M | 266.4M | 221.8M | |
Non Current Liabilities Total | 454K | 462K | 26.7M | 51.6M | 46.4M | 48.8M | |
Inventory | 146.9M | 156.4M | 175.3M | 182.0M | 209.3M | 122.2M | |
Total Liab | 146.8M | 135.1M | 142.8M | 136.9M | 157.4M | 103.3M | |
Property Plant And Equipment Gross | 18.0M | 15.8M | 88.3M | 13.1M | 11.8M | 11.2M | |
Total Current Assets | 200.2M | 195.1M | 202.8M | 212.4M | 244.2M | 178.5M | |
Short Term Debt | 37.7M | 6.8M | 22.1M | 39.2M | 45.1M | 47.3M | |
Other Current Liab | 22.2M | 34.6M | 245K | 1.0M | 1.2M | 1.1M | |
Other Liab | 38K | 43K | 48K | 39K | 35.1K | 36K | |
Net Tangible Assets | 136.3M | 106.8M | 81.0M | 80.6M | 72.5M | 115.7M | |
Other Assets | 28.4M | 5.6M | 5.6M | 8.2M | 7.4M | 7.1M | |
Long Term Investments | 6.0M | 6.1M | 6.9M | 7.4M | 8.5M | 6.1M | |
Short Long Term Debt | 37.7M | 6.8M | 39.2M | 10.7M | 12.3M | 21.0M | |
Property Plant Equipment | 20.7M | 18.0M | 15.8M | 14.2M | 12.8M | 15.7M | |
Long Term Debt Total | 401K | 411K | 414K | 393K | 452.0K | 296.8K | |
Net Invested Capital | 144.9M | 88.2M | 128.0M | 106.7M | 96.0M | 112.0M | |
Net Working Capital | 77.6M | 53.9M | 86.7M | 127.1M | 146.1M | 100.5M |
Pair Trading with Buhler Industries
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Buhler Industries position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Buhler Industries will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Buhler Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Buhler Industries when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Buhler Industries - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Buhler Industries to buy it.
The correlation of Buhler Industries is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Buhler Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Buhler Industries moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Buhler Industries can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Buhler Stock
Balance Sheet is a snapshot of the financial position of Buhler Industries at a specified time, usually calculated after every quarter, six months, or one year. Buhler Industries Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Buhler Industries and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Buhler currently owns. An asset can also be divided into two categories, current and non-current.