Digi Ev To Sales vs Price To Sales Ratio Analysis

DGII Stock  USD 33.64  0.69  2.09%   
Digi International financial indicator trend analysis is much more than just examining Digi International latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Digi International is a good investment. Please check the relationship between Digi International Ev To Sales and its Price To Sales Ratio accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Digi International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in Digi Stock please use our How to Invest in Digi International guide.

Ev To Sales vs Price To Sales Ratio

Ev To Sales vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Digi International Ev To Sales account and Price To Sales Ratio. At this time, the significance of the direction appears to have totally related.
The correlation between Digi International's Ev To Sales and Price To Sales Ratio is 1.0. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Digi International, assuming nothing else is changed. The correlation between historical values of Digi International's Ev To Sales and Price To Sales 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 Digi International are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Ev To Sales i.e., Digi International's Ev To Sales and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Digi International stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Digi International sales, a figure that is much harder to manipulate than other Digi International 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.
Most indicators from Digi International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Digi International 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 Digi International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in Digi Stock please use our How to Invest in Digi International guide.As of now, Digi International's Enterprise Value Multiple is decreasing as compared to previous years. The Digi International's current Enterprise Value is estimated to increase to about 556.9 M, while Selling General Administrative is projected to decrease to under 37.7 M.
 2021 2022 2023 2024 (projected)
Interest Expense19.7M25.2M29.0M30.5M
Depreciation And Amortization33.8M34.0M39.0M41.0M

Digi International fundamental ratios Correlations

0.690.980.970.980.730.950.010.99-0.230.860.660.950.980.980.960.970.390.080.560.620.960.930.770.790.81
0.690.730.670.680.290.640.250.64-0.030.690.750.620.650.690.650.630.610.460.550.860.610.520.230.820.82
0.980.730.930.960.730.91-0.050.98-0.340.880.690.960.980.930.980.950.310.140.510.70.970.910.760.770.78
0.970.670.930.930.640.990.160.93-0.050.890.590.850.961.00.880.910.540.120.640.590.870.870.670.820.83
0.980.680.960.930.770.89-0.080.98-0.260.770.640.970.950.940.970.980.310.050.540.570.960.930.780.740.75
0.730.290.730.640.770.63-0.50.79-0.610.530.440.790.760.630.780.79-0.18-0.20.170.150.820.80.90.40.43
0.950.640.910.990.890.630.160.9-0.040.920.540.810.950.980.840.860.550.110.630.580.830.850.650.810.82
0.010.25-0.050.16-0.08-0.50.16-0.130.830.150.06-0.22-0.080.17-0.18-0.080.770.650.50.26-0.21-0.3-0.530.260.25
0.990.640.980.930.980.790.9-0.13-0.370.820.670.980.980.930.990.980.240.010.460.590.990.950.840.740.76
-0.23-0.03-0.34-0.05-0.26-0.61-0.040.83-0.37-0.15-0.32-0.45-0.31-0.04-0.43-0.290.670.290.39-0.13-0.46-0.41-0.61-0.03-0.04
0.860.690.880.890.770.530.920.150.82-0.150.520.720.90.870.770.720.50.30.560.730.760.720.520.760.77
0.660.750.690.590.640.440.540.060.67-0.320.520.690.610.610.690.670.360.20.20.710.680.570.430.860.86
0.950.620.960.850.970.790.81-0.220.98-0.450.720.690.930.861.00.970.13-0.020.380.581.00.940.850.690.7
0.980.650.980.960.950.760.95-0.080.98-0.310.90.610.930.950.950.930.330.030.510.610.950.940.790.770.78
0.980.690.931.00.940.630.980.170.93-0.040.870.610.860.950.890.920.540.120.650.590.880.870.670.820.83
0.960.650.980.880.970.780.84-0.180.99-0.430.770.691.00.950.890.970.180.020.410.611.00.940.830.710.73
0.970.630.950.910.980.790.86-0.080.98-0.290.720.670.970.930.920.970.240.00.480.50.970.930.820.720.73
0.390.610.310.540.31-0.180.550.770.240.670.50.360.130.330.540.180.240.430.640.510.140.14-0.190.690.68
0.080.460.140.120.05-0.20.110.650.010.290.30.2-0.020.030.120.020.00.430.50.57-0.01-0.27-0.430.230.22
0.560.550.510.640.540.170.630.50.460.390.560.20.380.510.650.410.480.640.50.510.380.320.050.490.49
0.620.860.70.590.570.150.580.260.59-0.130.730.710.580.610.590.610.50.510.570.510.570.420.130.740.74
0.960.610.970.870.960.820.83-0.210.99-0.460.760.681.00.950.881.00.970.14-0.010.380.570.950.860.690.71
0.930.520.910.870.930.80.85-0.30.95-0.410.720.570.940.940.870.940.930.14-0.270.320.420.950.90.650.67
0.770.230.760.670.780.90.65-0.530.84-0.610.520.430.850.790.670.830.82-0.19-0.430.050.130.860.90.420.44
0.790.820.770.820.740.40.810.260.74-0.030.760.860.690.770.820.710.720.690.230.490.740.690.650.421.0
0.810.820.780.830.750.430.820.250.76-0.040.770.860.70.780.830.730.730.680.220.490.740.710.670.441.0
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Digi International Account Relationship Matchups

Digi International fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets528.7M619.5M853.9M835.5M960.9M1.0B
Other Current Liab23.3M25.5M28.8M23.6M27.1M13.7M
Total Current Liabilities61.2M58.9M96.5M86.0M98.9M103.8M
Total Stockholder Equity371.5M472.5M501.5M540.5M621.6M652.6M
Property Plant And Equipment Net25.8M27.8M42.9M42.0M48.3M50.7M
Net Debt25.5M(85.6M)(19.4M)189.2M170.3M178.8M
Retained Earnings170.3M180.7M200.1M224.8M258.6M271.5M
Cash54.1M152.4M34.9M31.7M36.4M39.3M
Non Current Assets Total358.6M372.9M687.7M669.3M769.7M808.2M
Cash And Short Term Investments54.1M152.4M34.9M31.7M36.4M63.2M
Net Receivables59.2M43.7M54.2M56.0M64.4M67.6M
Common Stock Shares Outstanding29.5M33.4M36.0M36.9M37.0M24.7M
Liabilities And Stockholders Equity528.7M619.5M853.9M835.5M960.9M1.0B
Non Current Liabilities Total96.0M88.1M255.9M209.1M240.4M252.4M
Inventory51.6M43.9M73.2M74.4M85.6M89.8M
Other Stockholder Equity224.6M314.2M327.1M342.2M393.6M413.2M
Total Liab157.2M147.0M352.4M295.0M339.3M356.3M
Property Plant And Equipment Gross25.8M56.9M76.6M81.5M93.8M98.4M
Total Current Assets170.1M246.7M166.2M166.2M191.1M129.0M
Accumulated Other Comprehensive Income(23.8M)(22.7M)(26.1M)(27.0M)(24.3M)(23.1M)
Non Currrent Assets Other358.6M372.9M2.3M3.8M4.4M4.1M
Other Current Assets5.1M6.6M3.9M4.1M3.7M5.7M
Accounts Payable28.1M22.6M32.4M17.1M19.7M10.7M
Intangible Assets121.2M118.0M302.1M277.1M318.6M334.6M
Short Term Debt7.0M5.3M15.5M18.9M21.7M22.8M
Common Stock Total Equity346K355K407K420K483K317.9K
Common Stock355K407K420K425K488.8K323.8K
Other Assets8.2M1.4M372.9M687.7M790.8M830.4M
Good Will210.1M225.5M340.5M341.6M307.4M292.1M
Treasury Stock(54.3M)(55.1M)(56.5M)(58.2M)(52.4M)(55.0M)
Property Plant Equipment13.9M11.5M27.8M42.9M38.6M40.5M
Current Deferred Revenue7.7M13.6M19.8M25.3M29.1M30.5M
Other Liab5.3M20.8M23.9M16.4M18.9M9.6M
Net Tangible Assets164.9M40.1M472.5M501.5M576.7M605.6M
Capital Surpluse266.6M279.7M370.7M385.2M443.0M283.6M

Currently Active Assets on Macroaxis

When determining whether Digi International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Digi International'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 Digi International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Digi International Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Digi International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in Digi Stock please use our How to Invest in Digi International guide.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Communications 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 Digi International. If investors know Digi 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 Digi International 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
0.881
Earnings Share
0.61
Revenue Per Share
11.677
Quarterly Revenue Growth
(0.06)
Return On Assets
0.0364
The market value of Digi International is measured differently than its book value, which is the value of Digi that is recorded on the company's balance sheet. Investors also form their own opinion of Digi International's value that differs from its market value or its book value, called intrinsic value, which is Digi International'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 Digi International's market value can be influenced by many factors that don't directly affect Digi International'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 Digi International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Digi International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Digi International'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.