Docebo Free Cash Flow Yield vs Ptb Ratio Analysis

DCBO Stock

CAD 68.92 0.62 0.89%

Docebo financial indicator trend analysis is much more than just examining Docebo Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Docebo Inc is a good investment. Please check the relationship between Docebo Free Cash Flow Yield and its Ptb Ratio accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Docebo Inc. 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.

Free Cash Flow Yield vs Ptb Ratio

Free Cash Flow Yield vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Docebo Inc Free Cash Flow Yield account and Ptb Ratio. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Docebo's Free Cash Flow Yield and Ptb Ratio is 0.46. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Docebo Inc, assuming nothing else is changed. The correlation between historical values of Docebo's Free Cash Flow Yield and Ptb 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 Free Cash Flow Yield of Docebo Inc are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Free Cash Flow Yield i.e., Docebo's Free Cash Flow Yield and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

0.46

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

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.

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.

Most indicators from Docebo's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Docebo Inc 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Docebo Inc. 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, Docebo's Tax Provision is very stable compared to the past year. As of the 26th of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.36, while Selling General Administrative is likely to drop about 22.3 M.

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	2.0M	2.3M	3.1M	3.3M
Interest Income	57K	3.5M	8.0M	8.4M

Depreciation And Amortization Interest Income

Docebo fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Long Term Debt Total	Non Current Liabilities Total	Capital Surpluse	Other Current Assets	Other Stockholder Equity	Total Liab
Common Stock Shares Outstanding		0.49	-0.14	-0.54	0.63	0.4	0.56	0.58	0.26	0.64	-0.37	-0.53	0.61	0.41	0.64	0.73	-0.24	0.41	0.66	0.55	-0.43	0.57	0.71	0.65	0.69	0.63
Total Assets	0.49		-0.16	0.37	0.85	0.98	0.95	0.92	0.95	0.84	-0.98	-0.6	0.87	0.99	0.78	0.63	-0.88	0.99	0.83	0.92	-0.77	0.94	0.74	0.88	0.63	0.86
Short Long Term Debt Total	-0.14	-0.16		-0.02	-0.17	-0.14	-0.19	-0.26	-0.13	-0.22	0.13	0.15	-0.2	-0.12	-0.25	-0.32	0.32	-0.12	-0.25	-0.2	0.53	-0.01	-0.26	-0.22	-0.27	-0.17
Other Current Liab	-0.54	0.37	-0.02		0.1	0.45	0.32	0.28	0.51	0.08	-0.46	-0.06	0.14	0.44	0.1	-0.15	-0.49	0.44	0.04	0.29	-0.25	0.31	-0.04	0.09	-0.08	0.11
Total Current Liabilities	0.63	0.85	-0.17	0.1		0.73	0.94	0.91	0.8	1.0	-0.74	-0.84	1.0	0.76	0.91	0.85	-0.84	0.76	0.99	0.92	-0.88	0.84	0.91	0.99	0.85	1.0
Total Stockholder Equity	0.4	0.98	-0.14	0.45	0.73		0.88	0.86	0.93	0.72	-0.99	-0.47	0.76	1.0	0.67	0.5	-0.83	1.0	0.71	0.85	-0.68	0.91	0.62	0.77	0.5	0.75
Other Liab	0.56	0.95	-0.19	0.32	0.94	0.88		0.95	0.88	0.93	-0.89	-0.74	0.95	0.89	0.86	0.72	-0.86	0.89	0.92	0.95	-0.83	0.95	0.8	0.94	0.74	0.95
Net Tangible Assets	0.58	0.92	-0.26	0.28	0.91	0.86	0.95		0.88	0.91	-0.83	-0.84	0.93	0.87	0.95	0.84	-0.9	0.87	0.89	1.0	-0.86	0.93	0.9	0.91	0.85	0.92
Property Plant And Equipment Net	0.26	0.95	-0.13	0.51	0.8	0.93	0.88	0.88		0.79	-0.92	-0.62	0.83	0.94	0.74	0.56	-0.95	0.94	0.77	0.9	-0.76	0.88	0.67	0.81	0.58	0.81
Current Deferred Revenue	0.64	0.84	-0.22	0.08	1.0	0.72	0.93	0.91	0.79		-0.73	-0.83	1.0	0.74	0.9	0.86	-0.83	0.74	1.0	0.92	-0.9	0.82	0.91	1.0	0.86	1.0
Net Debt	-0.37	-0.98	0.13	-0.46	-0.74	-0.99	-0.89	-0.83	-0.92	-0.73		0.42	-0.77	-0.99	-0.62	-0.45	0.81	-0.99	-0.72	-0.82	0.67	-0.9	-0.57	-0.78	-0.45	-0.75
Retained Earnings	-0.53	-0.6	0.15	-0.06	-0.84	-0.47	-0.74	-0.84	-0.62	-0.83	0.42		-0.83	-0.49	-0.96	-0.92	0.75	-0.49	-0.81	-0.86	0.78	-0.67	-0.92	-0.79	-0.96	-0.83
Accounts Payable	0.61	0.87	-0.2	0.14	1.0	0.76	0.95	0.93	0.83	1.0	-0.77	-0.83		0.78	0.91	0.84	-0.86	0.78	0.99	0.94	-0.89	0.86	0.9	0.99	0.85	1.0
Cash	0.41	0.99	-0.12	0.44	0.76	1.0	0.89	0.87	0.94	0.74	-0.99	-0.49	0.78		0.69	0.52	-0.84	1.0	0.73	0.86	-0.69	0.92	0.64	0.79	0.52	0.77
Non Current Assets Total	0.64	0.78	-0.25	0.1	0.91	0.67	0.86	0.95	0.74	0.9	-0.62	-0.96	0.91	0.69		0.95	-0.83	0.69	0.89	0.95	-0.86	0.8	0.97	0.89	0.97	0.91
Non Currrent Assets Other	0.73	0.63	-0.32	-0.15	0.85	0.5	0.72	0.84	0.56	0.86	-0.45	-0.92	0.84	0.52	0.95		-0.7	0.52	0.86	0.84	-0.84	0.64	0.99	0.84	0.99	0.85
Long Term Debt	-0.24	-0.88	0.32	-0.49	-0.84	-0.83	-0.86	-0.9	-0.95	-0.83	0.81	0.75	-0.86	-0.84	-0.83	-0.7		-0.84	-0.82	-0.92	0.9	-0.78	-0.77	-0.84	-0.72	-0.84
Cash And Short Term Investments	0.41	0.99	-0.12	0.44	0.76	1.0	0.89	0.87	0.94	0.74	-0.99	-0.49	0.78	1.0	0.69	0.52	-0.84		0.73	0.86	-0.69	0.92	0.64	0.79	0.52	0.77
Net Receivables	0.66	0.83	-0.25	0.04	0.99	0.71	0.92	0.89	0.77	1.0	-0.72	-0.81	0.99	0.73	0.89	0.86	-0.82	0.73		0.9	-0.9	0.8	0.91	1.0	0.85	0.99
Common Stock Total Equity	0.55	0.92	-0.2	0.29	0.92	0.85	0.95	1.0	0.9	0.92	-0.82	-0.86	0.94	0.86	0.95	0.84	-0.92	0.86	0.9		-0.86	0.92	0.9	0.92	0.86	0.93
Long Term Debt Total	-0.43	-0.77	0.53	-0.25	-0.88	-0.68	-0.83	-0.86	-0.76	-0.9	0.67	0.78	-0.89	-0.69	-0.86	-0.84	0.9	-0.69	-0.9	-0.86		-0.66	-0.87	-0.9	-0.83	-0.88
Non Current Liabilities Total	0.57	0.94	-0.01	0.31	0.84	0.91	0.95	0.93	0.88	0.82	-0.9	-0.67	0.86	0.92	0.8	0.64	-0.78	0.92	0.8	0.92	-0.66		0.73	0.84	0.66	0.85
Capital Surpluse	0.71	0.74	-0.26	-0.04	0.91	0.62	0.8	0.9	0.67	0.91	-0.57	-0.92	0.9	0.64	0.97	0.99	-0.77	0.64	0.91	0.9	-0.87	0.73		0.9	0.98	0.91
Other Current Assets	0.65	0.88	-0.22	0.09	0.99	0.77	0.94	0.91	0.81	1.0	-0.78	-0.79	0.99	0.79	0.89	0.84	-0.84	0.79	1.0	0.92	-0.9	0.84	0.9		0.84	0.99
Other Stockholder Equity	0.69	0.63	-0.27	-0.08	0.85	0.5	0.74	0.85	0.58	0.86	-0.45	-0.96	0.85	0.52	0.97	0.99	-0.72	0.52	0.85	0.86	-0.83	0.66	0.98	0.84		0.85
Total Liab	0.63	0.86	-0.17	0.11	1.0	0.75	0.95	0.92	0.81	1.0	-0.75	-0.83	1.0	0.77	0.91	0.85	-0.84	0.77	0.99	0.93	-0.88	0.85	0.91	0.99	0.85

Click cells to compare fundamentals

Docebo Account Relationship Matchups

Docebo fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	24.4M	28.9M	32.9M	34.0M	33.7M	33.6M
Total Assets	63.9M	254.6M	268.1M	283.7M	158.4M	165.2M
Short Long Term Debt Total	3.5M	3.8M	4.0M	3.1M	2.1M	3.3M
Other Current Liab	18.0M	28.3M	467K	1.2M	251K	238.5K
Total Current Liabilities	28.5M	45.7M	69.2M	84.4M	100.7M	57.3M
Total Stockholder Equity	31.4M	200.7M	190.7M	192.2M	50.7M	101.2M
Other Liab	1.4M	5.7M	5.6M	5.4M	6.2M	3.7M
Net Tangible Assets	31.4M	192.6M	183.8M	185.1M	212.8M	223.5M
Property Plant And Equipment Net	3.9M	5.1M	5.7M	4.7M	3.5M	4.0M
Current Deferred Revenue	18.0M	28.3M	44.6M	55.8M	67.3M	36.8M
Net Debt	(42.8M)	(215.8M)	(211.3M)	(213.2M)	(69.8M)	(73.3M)
Retained Earnings	(60.3M)	(67.9M)	(81.9M)	(74.9M)	(204.8M)	(194.5M)
Accounts Payable	9.6M	16.1M	22.8M	26.0M	31.7M	18.4M
Cash	46.3M	219.7M	215.3M	216.3M	72.0M	122.0M
Non Current Assets Total	4.9M	14.9M	16.6M	20.1M	31.2M	32.8M
Non Currrent Assets Other	1.0M	1.7M	4.1M	7.9M	10.8M	11.3M
Other Assets	1.0M	1.7M	4.1M	8.0M	9.3M	9.7M
Cash And Short Term Investments	46.3M	219.7M	215.3M	216.3M	72.0M	122.1M
Net Receivables	10.2M	15.8M	27.8M	38.1M	42.7M	22.8M
Long Term Debt Total	2.5M	2.5M	2.7M	1.7M	1.5M	2.2M
Liabilities And Stockholders Equity	63.9M	254.6M	268.1M	283.7M	158.4M	165.4M
Non Current Liabilities Total	3.9M	8.2M	8.3M	7.1M	7.0M	6.9M
Capital Surpluse	1.1M	2.5M	4.3M	8.5M	9.7M	10.2M
Other Current Assets	3.0M	6.6M	10.9M	14.7M	15.3M	8.3M
Other Stockholder Equity	1.1M	2.5M	4.3M	8.5M	14.0M	14.7M
Total Liab	32.5M	53.9M	77.5M	91.5M	107.7M	64.2M
Net Invested Capital	31.4M	200.7M	190.7M	192.2M	50.7M	48.2M
Property Plant And Equipment Gross	3.9M	5.1M	9.6M	10.3M	11.4M	6.7M
Total Current Assets	58.9M	239.7M	251.5M	263.6M	127.2M	151.0M
Accumulated Other Comprehensive Income	805K	1.7M	2.1M	(9.6M)	(5.9M)	(5.6M)
Cash And Equivalents	46.3M	219.7M	215.3M	216.3M	248.7M	129.2M
Net Working Capital	30.4M	194.0M	182.3M	179.2M	26.5M	25.2M
Short Term Debt	955K	1.3M	1.3M	1.4M	1.5M	1.3M
Common Stock	89.7M	264.4M	266.1M	268.2M	247.5M	184.9M
Property Plant Equipment	3.9M	5.1M	5.7M	4.7M	5.4M	4.0M
Deferred Long Term Liab	698K	1.5M	3.8M	7.9M	9.1M	9.6M

Pair Trading with Docebo

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

Moving against Docebo Stock

0.54

DELX

DelphX Capital Markets Earnings Call Tomorrow

Pair Corr

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

The correlation of Docebo 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 Docebo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Docebo Inc 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 Docebo 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 Docebo Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Docebo'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 Docebo Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Docebo Inc Stock:

How To Invest In Docebo

Details

Is Docebo Stock a good investment?

Details

What is Docebo's Net Worth?

Details

Largest Application Software Companies

View

Largest Software - Application Companies

View

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Docebo Inc. 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.

You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Please note, there is a significant difference between Docebo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Docebo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Docebo'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Docebo Free Cash Flow Yield vs Ptb Ratio Analysis

Free Cash Flow Yield vs Ptb Ratio

Free Cash Flow Yield vs Ptb Ratio Correlation Analysis

Correlation Coefficient

Free Cash Flow Yield

Ptb Ratio

Docebo fundamental ratios Correlations

Docebo Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Docebo fundamental ratios Accounts

Pair Trading with Docebo

Moving against Docebo Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Current Deferred Revenue	+ 1.0	Total Current Liabilities
Accounts Payable	+ 1.0	Total Current Liabilities
Total Liab	+ 1.0	Total Current Liabilities
Cash	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Total Stockholder Equity
Common Stock Total Equity	+ 1.0	Net Tangible Assets

Cash And Short Term Investments	- 0.99	Net Debt
Cash	- 0.99	Net Debt
Net Debt	- 0.99	Total Stockholder Equity
Net Debt	- 0.98	Total Assets
Other Stockholder Equity	- 0.96	Retained Earnings
Non Current Assets Total	- 0.96	Retained Earnings