Broadwind Ev To Sales vs Pfcf Ratio Analysis
BWEN Stock | USD 1.72 0.17 10.97% |
Broadwind Energy financial indicator trend analysis is way more than just evaluating Broadwind Energy prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Broadwind Energy is a good investment. Please check the relationship between Broadwind Energy Ev To Sales and its Pfcf Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Broadwind Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. To learn how to invest in Broadwind Stock, please use our How to Invest in Broadwind Energy guide.
Ev To Sales vs Pfcf Ratio
Ev To Sales vs Pfcf Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Broadwind Energy Ev To Sales account and Pfcf Ratio. At this time, the significance of the direction appears to have pay attention.
The correlation between Broadwind Energy's Ev To Sales and Pfcf Ratio is -0.76. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Pfcf Ratio in the same time period over historical financial statements of Broadwind Energy, assuming nothing else is changed. The correlation between historical values of Broadwind Energy's Ev To Sales and Pfcf Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ev To Sales of Broadwind Energy are associated (or correlated) with its Pfcf Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pfcf Ratio has no effect on the direction of Ev To Sales i.e., Broadwind Energy's Ev To Sales and Pfcf Ratio go up and down completely randomly.
Correlation Coefficient | -0.76 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.Pfcf Ratio
Most indicators from Broadwind Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Broadwind Energy 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 Broadwind Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. To learn how to invest in Broadwind Stock, please use our How to Invest in Broadwind Energy guide.At this time, Broadwind Energy's Discontinued Operations is very stable compared to the past year. As of the 22nd of November 2024, Tax Provision is likely to grow to about 81.9 K, while Selling General Administrative is likely to drop about 19.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 145.6M | 176.8M | 203.5M | 173.5M | Depreciation And Amortization | 6.3M | 6.1M | 6.4M | 8.1M |
Broadwind Energy fundamental ratios Correlations
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Broadwind Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Broadwind Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Retained Earnings | (340.8M) | (342.3M) | (339.4M) | (349.1M) | (341.5M) | (324.4M) | |
Common Stock Shares Outstanding | 16.1M | 16.7M | 19.4M | 20.3M | 21.5M | 13.8M | |
Other Current Liab | 4.9M | 3.0M | (182K) | 380K | 1.9M | 1.8M | |
Total Current Liabilities | 64.3M | 48.0M | 42.7M | 70.2M | 53.6M | 41.5M | |
Total Stockholder Equity | 40.8M | 40.7M | 54.1M | 46.3M | 56.0M | 70.9M | |
Total Liab | 82.1M | 79.0M | 63.9M | 98.3M | 79.1M | 53.4M | |
Accounts Payable | 21.9M | 18.2M | 16.5M | 26.3M | 20.7M | 16.3M | |
Other Stockholder Equity | 381.5M | 382.9M | 393.5M | 395.4M | 397.5M | 332.6M | |
Total Assets | 122.9M | 119.7M | 118.0M | 144.5M | 135.2M | 114.2M | |
Short Long Term Debt Total | 32.6M | 35.6M | 31.5M | 33.1M | 35.4M | 23.2M | |
Property Plant And Equipment Net | 62.9M | 64.5M | 61.7M | 61.7M | 62.7M | 53.7M | |
Current Deferred Revenue | 22.7M | 18.8M | 12.1M | 34.6M | 16.5M | 15.0M | |
Net Debt | 30.1M | 32.2M | 30.7M | 20.4M | 34.3M | 36.0M | |
Cash | 2.4M | 3.4M | 852K | 12.7M | 1.1M | 1.0M | |
Non Current Assets Total | 68.2M | 69.1M | 65.7M | 65.3M | 65.4M | 70.7M | |
Non Currrent Assets Other | 314K | 385K | 585K | 839K | 630K | 563.1K | |
Cash And Short Term Investments | 2.4M | 3.4M | 852K | 12.7M | 1.1M | 1.0M | |
Net Receivables | 18.3M | 17.6M | 15.4M | 19.0M | 27.7M | 19.0M | |
Liabilities And Stockholders Equity | 122.9M | 119.7M | 118.0M | 144.5M | 135.2M | 114.2M | |
Non Current Liabilities Total | 17.8M | 31.1M | 21.2M | 28.1M | 25.5M | 14.9M | |
Inventory | 31.9M | 26.7M | 33.4M | 44.3M | 37.4M | 26.7M | |
Other Current Assets | 2.1M | 2.9M | 2.7M | 3.3M | 3.5M | 2.7M | |
Property Plant And Equipment Gross | 62.9M | 64.5M | 61.7M | 61.7M | 182.8M | 191.9M | |
Total Current Assets | 54.7M | 50.6M | 52.3M | 79.3M | 69.7M | 59.8M | |
Short Term Debt | 14.8M | 7.9M | 14.3M | 9.0M | 13.9M | 7.8M | |
Other Assets | 314K | 19.7M | 585K | 839K | 964.9K | 916.6K | |
Long Term Debt | 505K | 9.4M | 177K | 7.1M | 6.3M | 5.5M | |
Property Plant Equipment | 46.9M | 45.2M | 61.7M | 45.3M | 40.8M | 54.5M | |
Other Liab | 44K | 104K | 167K | 26K | 23.4K | 22.2K | |
Intangible Assets | 4.9M | 4.2M | 3.5M | 2.7M | 2.1M | 2.0M | |
Net Tangible Assets | 35.8M | 40.7M | 50.7M | 43.5M | 39.2M | 50.1M | |
Retained Earnings Total Equity | (336.3M) | (340.8M) | (342.3M) | (349.1M) | (314.2M) | (329.9M) | |
Long Term Debt Total | 2.0M | 505K | 9.4M | 7.1M | 8.2M | 4.4M | |
Capital Surpluse | 381.4M | 383.4M | 384.7M | 397.2M | 456.8M | 418.4M | |
Capital Lease Obligations | 19.1M | 24.8M | 24.7M | 24.8M | 23.3M | 12.2M |
Pair Trading with Broadwind Energy
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 Broadwind Energy 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 Broadwind Energy will appreciate offsetting losses from the drop in the long position's value.Moving against Broadwind Stock
0.84 | AME | Ametek Inc | PairCorr |
0.79 | EMR | Emerson Electric | PairCorr |
0.75 | CR | Crane Company | PairCorr |
0.74 | PH | Parker Hannifin | PairCorr |
0.73 | CMI | Cummins | PairCorr |
The ability to find closely correlated positions to Broadwind Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Broadwind Energy 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 Broadwind Energy - 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 Broadwind Energy to buy it.
The correlation of Broadwind Energy 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 Broadwind Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Broadwind Energy 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 Broadwind Energy 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Broadwind Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. To learn how to invest in Broadwind Stock, please use our How to Invest in Broadwind Energy guide.You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Heavy Electrical Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Broadwind Energy. If investors know Broadwind will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Broadwind Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 16.667 | Earnings Share 0.14 | Revenue Per Share 8.255 | Quarterly Revenue Growth (0.35) | Return On Assets 0.0491 |
The market value of Broadwind Energy is measured differently than its book value, which is the value of Broadwind that is recorded on the company's balance sheet. Investors also form their own opinion of Broadwind Energy's value that differs from its market value or its book value, called intrinsic value, which is Broadwind Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Broadwind Energy's market value can be influenced by many factors that don't directly affect Broadwind Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Broadwind Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Broadwind Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Broadwind Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.