Core Free Cash Flow vs Free Cash Flow Yield Analysis
| CNM Stock | USD 44.57 0.18 0.40% |
Core Main financial indicator trend analysis is way more than just evaluating Core Main prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Core Main is a good investment. Please check the relationship between Core Main Free Cash Flow and its Free Cash Flow Yield accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Core Main. 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. To learn how to invest in Core Stock, please use our How to Invest in Core Main guide.
Free Cash Flow vs Free Cash Flow Yield
Free Cash Flow vs Free Cash Flow Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Core Main Free Cash Flow account and Free Cash Flow Yield. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Core Main's Free Cash Flow and Free Cash Flow Yield is -0.68. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Core Main, assuming nothing else is changed. The correlation between historical values of Core Main's Free Cash Flow and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Core Main are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Free Cash Flow i.e., Core Main's Free Cash Flow and Free Cash Flow Yield go up and down completely randomly.
Correlation Coefficient | -0.68 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.Free Cash Flow Yield
A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.Most indicators from Core Main's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Core Main 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 Core Main. 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. To learn how to invest in Core Stock, please use our How to Invest in Core Main guide.At this time, Core Main's Tax Provision is very stable compared to the past year. As of the 22nd of November 2024, Enterprise Value Over EBITDA is likely to grow to 16.34, while Issuance Of Capital Stock is likely to drop 0.00.
| 2021 | 2022 | 2023 | 2024 (projected) | Tax Provision | 51M | 128M | 147.2M | 154.6M | Income Tax Expense | 51M | 128M | 147.2M | 154.6M |
Core Main fundamental ratios Correlations
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Core Main Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Try AI Portfolio ArchitectCheck out Trending Equities to better understand how to build diversified portfolios, which includes a position in Core Main. 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. To learn how to invest in Core Stock, please use our How to Invest in Core Main guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Trading Companies & Distributors 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 Core Main. If investors know Core 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 Core Main 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 (0.07) | Earnings Share 2.1 | Revenue Per Share 37.819 | Quarterly Revenue Growth 0.055 | Return On Assets 0.0797 |
The market value of Core Main is measured differently than its book value, which is the value of Core that is recorded on the company's balance sheet. Investors also form their own opinion of Core Main's value that differs from its market value or its book value, called intrinsic value, which is Core Main'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 Core Main's market value can be influenced by many factors that don't directly affect Core Main'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 Core Main's value and its price as these two are different measures arrived at by different means. Investors typically determine if Core Main is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Core Main'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.