CECO Historical Financial Ratios

CECO Stock

USD 31.36 1.16 3.84%

CECO Environmental is presently reporting on over 101 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Dividend Yield of 0.0281, PTB Ratio of 2.87 or Days Sales Outstanding of 80.36 will help investors to properly organize and evaluate CECO Environmental Corp financial condition quickly.

Quick Ratio Current Ratio

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CECO Environmental Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

About CECO Financial Ratios Analysis

CECO Environmental CorpFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate CECO Environmental investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on CECO financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across CECO Environmental history.

CECO Environmental Financial Ratios Chart

At this time, CECO Environmental's Net Income Per Share is very stable compared to the past year. As of the 25th of November 2024, Payables Turnover is likely to grow to 6.56, while Price To Sales Ratio is likely to drop 1.23.

Price To Sales Ratio Dividend Yield Ptb Ratio Days Sales Outstanding Average Inventory Long Term Debt To Capitalization

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Price To Sales Ratio

Price to Sales Ratio is figured by comparing CECO Environmental Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on CECO Environmental sales, a figure that is much harder to manipulate than other CECO Environmental Corp multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Dividend Yield

Dividend Yield is CECO Environmental Corp dividend as a percentage of CECO Environmental stock price. CECO Environmental Corp dividend yield is a measure of CECO Environmental stock productivity, which can be interpreted as interest rate earned on an CECO Environmental investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Average Inventory

The average amount of inventory a company holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels.

Most ratios from CECO Environmental's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into CECO Environmental Corp current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, 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 CECO Environmental Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

	2023	2024 (projected)
Dividend Yield	0.0167	0.0281
Price To Sales Ratio	1.29	1.23

Dividend Yield Price To Sales Ratio

CECO Environmental fundamentals Correlations

	Price To Sales Ratio	Dividend Yield	Ptb Ratio	Days Sales Outstanding	Book Value Per Share	Free Cash Flow Yield	Operating Cash Flow Per Share	Average Payables	Capex To Depreciation	Pb Ratio	Ev To Sales	Free Cash Flow Per Share	Roic	Inventory Turnover	Net Income Per Share	Days Of Inventory On Hand	Payables Turnover	Average Inventory	Capex To Revenue	Cash Per Share	Pocfratio	Interest Coverage	Payout Ratio	Capex To Operating Cash Flow	Pfcf Ratio	Days Payables Outstanding
Price To Sales Ratio		-0.36	1.0	-0.65	-0.74	-0.33	-0.38	-0.79	0.29	1.0	1.0	-0.35	-0.62	-0.41	-0.12	0.8	0.13	-0.8	0.6	-0.71	-0.85	-0.26	0.24	-0.29	-0.34	0.25
Dividend Yield	-0.36		-0.4	0.36	0.59	0.56	0.19	0.26	-0.6	-0.4	-0.35	0.23	0.23	-0.02	-0.06	-0.06	-0.17	0.25	-0.59	0.35	0.1	0.05	0.22	-0.2	-0.09	-0.05
Ptb Ratio	1.0	-0.4		-0.67	-0.76	-0.35	-0.36	-0.81	0.34	1.0	1.0	-0.34	-0.61	-0.37	-0.11	0.77	0.17	-0.81	0.62	-0.69	-0.84	-0.26	0.22	-0.29	-0.35	0.23
Days Sales Outstanding	-0.65	0.36	-0.67		0.66	0.02	-0.03	0.7	-0.3	-0.67	-0.64	-0.04	0.35	-0.1	-0.01	-0.44	-0.57	0.71	-0.32	0.28	0.59	0.02	-0.39	0.35	0.37	0.31
Book Value Per Share	-0.74	0.59	-0.76	0.66		0.19	0.35	0.46	-0.41	-0.76	-0.72	0.31	0.31	-0.13	0.01	-0.26	-0.5	0.47	-0.4	0.59	0.59	-0.13	-0.26	0.18	0.2	0.16
Free Cash Flow Yield	-0.33	0.56	-0.35	0.02	0.19		0.64	0.32	-0.42	-0.35	-0.34	0.7	0.33	0.33	-0.02	-0.22	0.25	0.32	-0.63	0.44	-0.05	0.37	0.59	-0.43	-0.27	-0.53
Operating Cash Flow Per Share	-0.38	0.19	-0.36	-0.03	0.35	0.64		0.09	-0.14	-0.36	-0.38	0.99	0.16	0.31	-0.25	-0.28	0.06	0.1	-0.35	0.7	0.04	-0.09	0.19	-0.33	-0.28	-0.25
Average Payables	-0.79	0.26	-0.81	0.7	0.46	0.32	0.09		-0.36	-0.81	-0.79	0.11	0.43	0.11	0.01	-0.61	-0.17	1.0	-0.54	0.3	0.72	0.28	-0.03	0.25	0.34	-0.24
Capex To Depreciation	0.29	-0.6	0.34	-0.3	-0.41	-0.42	-0.14	-0.36		0.34	0.28	-0.23	0.25	0.23	0.49	0.0	0.36	-0.34	0.76	-0.06	-0.14	0.23	-0.21	0.28	0.09	-0.08
Pb Ratio	1.0	-0.4	1.0	-0.67	-0.76	-0.35	-0.36	-0.81	0.34		1.0	-0.34	-0.61	-0.37	-0.11	0.77	0.17	-0.81	0.62	-0.69	-0.84	-0.26	0.22	-0.29	-0.35	0.23
Ev To Sales	1.0	-0.35	1.0	-0.64	-0.72	-0.34	-0.38	-0.79	0.28	1.0		-0.35	-0.63	-0.44	-0.13	0.81	0.11	-0.8	0.6	-0.71	-0.85	-0.28	0.24	-0.29	-0.34	0.26
Free Cash Flow Per Share	-0.35	0.23	-0.34	-0.04	0.31	0.7	0.99	0.11	-0.23	-0.34	-0.35		0.12	0.29	-0.3	-0.25	0.08	0.12	-0.42	0.65	0.0	-0.08	0.29	-0.4	-0.32	-0.28
Roic	-0.62	0.23	-0.61	0.35	0.31	0.33	0.16	0.43	0.25	-0.61	-0.63	0.12		0.65	0.73	-0.64	0.37	0.44	-0.25	0.48	0.5	0.79	0.01	0.26	0.24	-0.53
Inventory Turnover	-0.41	-0.02	-0.37	-0.1	-0.13	0.33	0.31	0.11	0.23	-0.37	-0.44	0.29	0.65		0.31	-0.77	0.6	0.12	-0.32	0.51	0.3	0.56	-0.04	0.06	0.07	-0.58
Net Income Per Share	-0.12	-0.06	-0.11	-0.01	0.01	-0.02	-0.25	0.01	0.49	-0.11	-0.13	-0.3	0.73	0.31		-0.12	0.37	0.01	0.2	0.08	0.14	0.8	0.01	0.2	0.1	-0.37
Days Of Inventory On Hand	0.8	-0.06	0.77	-0.44	-0.26	-0.22	-0.28	-0.61	0.0	0.77	0.81	-0.25	-0.64	-0.77	-0.12		-0.11	-0.62	0.45	-0.65	-0.74	-0.37	0.36	-0.32	-0.34	0.31
Payables Turnover	0.13	-0.17	0.17	-0.57	-0.5	0.25	0.06	-0.17	0.36	0.17	0.11	0.08	0.37	0.6	0.37	-0.11		-0.17	-0.13	-0.13	-0.25	0.57	0.57	-0.33	-0.3	-0.86
Average Inventory	-0.8	0.25	-0.81	0.71	0.47	0.32	0.1	1.0	-0.34	-0.81	-0.8	0.12	0.44	0.12	0.01	-0.62	-0.17		-0.53	0.32	0.72	0.28	-0.04	0.26	0.34	-0.24
Capex To Revenue	0.6	-0.59	0.62	-0.32	-0.4	-0.63	-0.35	-0.54	0.76	0.62	0.6	-0.42	-0.25	-0.32	0.2	0.45	-0.13	-0.53		-0.33	-0.31	-0.2	-0.31	0.35	0.13	0.43
Cash Per Share	-0.71	0.35	-0.69	0.28	0.59	0.44	0.7	0.3	-0.06	-0.69	-0.71	0.65	0.48	0.51	0.08	-0.65	-0.13	0.32	-0.33		0.51	0.11	-0.34	0.1	0.1	-0.1
Pocfratio	-0.85	0.1	-0.84	0.59	0.59	-0.05	0.04	0.72	-0.14	-0.84	-0.85	0.0	0.5	0.3	0.14	-0.74	-0.25	0.72	-0.31	0.51		0.14	-0.5	0.62	0.6	-0.08
Interest Coverage	-0.26	0.05	-0.26	0.02	-0.13	0.37	-0.09	0.28	0.23	-0.26	-0.28	-0.08	0.79	0.56	0.8	-0.37	0.57	0.28	-0.2	0.11	0.14		0.31	0.08	0.14	-0.64
Payout Ratio	0.24	0.22	0.22	-0.39	-0.26	0.59	0.19	-0.03	-0.21	0.22	0.24	0.29	0.01	-0.04	0.01	0.36	0.57	-0.04	-0.31	-0.34	-0.5	0.31		-0.54	-0.39	-0.61
Capex To Operating Cash Flow	-0.29	-0.2	-0.29	0.35	0.18	-0.43	-0.33	0.25	0.28	-0.29	-0.29	-0.4	0.26	0.06	0.2	-0.32	-0.33	0.26	0.35	0.1	0.62	0.08	-0.54		0.94	0.32
Pfcf Ratio	-0.34	-0.09	-0.35	0.37	0.2	-0.27	-0.28	0.34	0.09	-0.35	-0.34	-0.32	0.24	0.07	0.1	-0.34	-0.3	0.34	0.13	0.1	0.6	0.14	-0.39	0.94		0.25
Days Payables Outstanding	0.25	-0.05	0.23	0.31	0.16	-0.53	-0.25	-0.24	-0.08	0.23	0.26	-0.28	-0.53	-0.58	-0.37	0.31	-0.86	-0.24	0.43	-0.1	-0.08	-0.64	-0.61	0.32	0.25

Click cells to compare fundamentals

CECO Environmental Account Relationship Matchups

CECO Environmental fundamentals Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Price To Sales Ratio	1.15	1.88	0.78	0.96	1.29	1.23
Ptb Ratio	3.33	1.21	1.08	1.9	3.02	2.87
Days Sales Outstanding	110.22	125.37	142.36	133.09	120.12	80.36
Book Value Per Share	5.52	5.77	5.83	6.29	6.85	7.19
Free Cash Flow Yield	0.007106	0.001938	0.0485	0.0649	0.0516	0.0449
Operating Cash Flow Per Share	0.29	0.13	0.38	0.86	1.29	1.35
Stock Based Compensation To Revenue	0.007804	0.005563	0.0103	0.009216	0.00832	0.005375
Capex To Depreciation	0.53	0.4	0.27	0.32	0.67	0.41
Pb Ratio	3.33	1.21	1.08	1.9	3.02	2.87
Free Cash Flow Per Share	0.13	0.0135	0.3	0.76	1.05	1.1
Roic	0.0923	0.0537	0.0156	0.0829	0.0634	0.0665
Inventory Turnover	11.07	12.16	13.09	11.1	11.21	20.55
Days Of Inventory On Hand	32.98	30.02	27.88	32.89	32.57	32.38
Payables Turnover	4.67	3.77	3.97	4.01	4.36	6.56
Capex To Revenue	0.0165	0.0125	0.008071	0.007988	0.0154	0.009386
Pocfratio	62.91	55.56	16.56	13.66	15.75	15.86
Interest Coverage	3.33	6.06	3.34	6.44	2.58	2.26
Capex To Operating Cash Flow	0.14	0.55	0.89	0.2	0.11	0.19
Pfcf Ratio	140.73	516.0	20.61	15.41	19.39	18.42
Days Payables Outstanding	78.14	96.75	91.97	91.01	83.79	78.99
Income Quality	0.58	0.54	6.71	1.62	3.46	3.63
Roe	0.0917	0.0405	0.009694	0.0817	0.0555	0.0583
Ev To Operating Cash Flow	66.93	65.95	19.77	16.16	17.99	17.31
Pe Ratio	36.34	29.91	111.05	23.25	54.45	57.17
Return On Tangible Assets	0.0839	0.0382	0.009032	0.0629	0.0378	0.0397
Ev To Free Cash Flow	149.7	612.5	24.61	18.24	22.15	21.04
Earnings Yield	0.0275	0.0334	0.009005	0.043	0.0184	0.0193
Intangibles To Total Assets	0.48	0.49	0.47	0.45	0.44	0.28
Net Debt To E B I T D A	1.36	1.51	1.95	1.93	1.9	3.6
Current Ratio	1.56	1.68	1.62	1.64	1.39	1.22
Tangible Book Value Per Share	(0.13)	(0.0222)	0.26	(0.28)	(0.98)	(0.93)
Receivables Turnover	3.31	2.91	2.56	2.74	3.04	4.53

Pair Trading with CECO Environmental

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 CECO Environmental 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 CECO Environmental will appreciate offsetting losses from the drop in the long position's value.

Moving together with CECO Stock

0.7

FSS

Federal Signal

Pair Corr

Moving against CECO Stock

0.42	PCTTU	Purecycle Technologies	Pair Corr
0.4	SCWO	374Water Common Stock	Pair Corr
0.39	ERII	Energy Recovery	Pair Corr
0.39	J	Jacobs Solutions	Pair Corr
0.36	PCTTW	PureCycle Technologies	Pair Corr

The ability to find closely correlated positions to CECO Environmental could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CECO Environmental 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 CECO Environmental - 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 CECO Environmental Corp to buy it.

The correlation of CECO Environmental 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 CECO Environmental moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CECO Environmental Corp 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 CECO Environmental 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.

Pair Correlation Correlation Matching

When determining whether CECO Environmental Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CECO Environmental's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ceco Environmental Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ceco Environmental Corp Stock:

How To Invest In CECO

Details

Is CECO Stock a good investment?

Details

What is CECO Environmental's Net Worth?

Details

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You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

Is Industrial Machinery & Supplies & Components 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 CECO Environmental. If investors know CECO 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 CECO Environmental 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

(0.34)

Earnings Share

0.33

Revenue Per Share

15.853

Quarterly Revenue Growth

(0.09)

Return On Assets

0.0424

The market value of CECO Environmental Corp is measured differently than its book value, which is the value of CECO that is recorded on the company's balance sheet. Investors also form their own opinion of CECO Environmental's value that differs from its market value or its book value, called intrinsic value, which is CECO Environmental'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 CECO Environmental's market value can be influenced by many factors that don't directly affect CECO Environmental'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 CECO Environmental's value and its price as these two are different measures arrived at by different means. Investors typically determine if CECO Environmental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CECO Environmental'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.

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Price To Sales Ratio	Dividend Yield
Ptb Ratio	Days Sales Outstanding
Book Value Per Share	Free Cash Flow Yield
Invested Capital	Operating Cash Flow Per Share
Average Payables	Stock Based Compensation To Revenue
Capex To Depreciation	Pb Ratio
Ev To Sales	Free Cash Flow Per Share
Roic	Inventory Turnover
Net Income Per Share	Days Of Inventory On Hand
Payables Turnover	Sales General And Administrative To Revenue
Average Inventory	Research And Ddevelopement To Revenue
Capex To Revenue	Cash Per Share
Pocfratio	Interest Coverage
Payout Ratio	Capex To Operating Cash Flow
Pfcf Ratio	Days Payables Outstanding
Net Current Asset Value	Income Quality
Roe	Tangible Asset Value
Ev To Operating Cash Flow	Pe Ratio
Return On Tangible Assets	Ev To Free Cash Flow
Earnings Yield	Intangibles To Total Assets
Net Debt To E B I T D A	Current Ratio
Tangible Book Value Per Share	Receivables Turnover
Graham Number	Shareholders Equity Per Share
Debt To Equity	Capex Per Share
Graham Net Net	Average Receivables
Revenue Per Share	Interest Debt Per Share
Debt To Assets	Enterprise Value Over E B I T D A
Short Term Coverage Ratios	Price Earnings Ratio
Operating Cycle	Price Book Value Ratio
Price Earnings To Growth Ratio	Days Of Payables Outstanding
Dividend Payout Ratio	Price To Operating Cash Flows Ratio
Price To Free Cash Flows Ratio	Pretax Profit Margin
Ebt Per Ebit	Operating Profit Margin
Effective Tax Rate	Company Equity Multiplier
Long Term Debt To Capitalization	Total Debt To Capitalization
Return On Capital Employed	Debt Equity Ratio
Ebit Per Revenue	Quick Ratio
Dividend Paid And Capex Coverage Ratio	Net Income Per E B T
Cash Ratio	Cash Conversion Cycle
Operating Cash Flow Sales Ratio	Days Of Inventory Outstanding
Days Of Sales Outstanding	Free Cash Flow Operating Cash Flow Ratio
Cash Flow Coverage Ratios	Price To Book Ratio
Fixed Asset Turnover	Capital Expenditure Coverage Ratio
Price Cash Flow Ratio	Enterprise Value Multiple
Debt Ratio	Cash Flow To Debt Ratio
Price Sales Ratio	Return On Assets
Asset Turnover	Net Profit Margin
Gross Profit Margin	Price Fair Value
Return On Equity

CECO Historical Financial Ratios

About CECO Financial Ratios Analysis

CECO Environmental Financial Ratios Chart

Price To Sales Ratio

Dividend Yield

Ptb Ratio

Average Inventory

CECO Environmental fundamentals Correlations

CECO Environmental Account Relationship Matchups

High Positive Relationship

High Negative Relationship

CECO Environmental fundamentals Accounts

Pair Trading with CECO Environmental

Moving together with CECO Stock

Moving against CECO Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Ptb Ratio	+ 1.0	Price To Sales Ratio
Pb Ratio	+ 1.0	Price To Sales Ratio
Ev To Sales	+ 1.0	Price To Sales Ratio
Pb Ratio	+ 1.0	Ptb Ratio
Ev To Sales	+ 1.0	Ptb Ratio
Average Inventory	+ 1.0	Average Payables

Days Payables Outstanding	- 0.86	Payables Turnover
Pocfratio	- 0.85	Ev To Sales
Pocfratio	- 0.85	Price To Sales Ratio
Pocfratio	- 0.84	Pb Ratio
Pocfratio	- 0.84	Ptb Ratio
Average Inventory	- 0.81	Pb Ratio