Enghouse Price To Sales Ratio vs Ev To Sales Analysis

ENGH Stock  CAD 29.10  0.17  0.58%   
Enghouse Systems financial indicator trend analysis is much more than just examining Enghouse Systems latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Enghouse Systems is a good investment. Please check the relationship between Enghouse Systems Price To Sales Ratio and its Ev To Sales accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enghouse Systems. 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.

Price To Sales Ratio vs Ev To Sales

Price To Sales Ratio vs Ev To Sales Correlation Analysis

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

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Enghouse Systems stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Enghouse Systems sales, a figure that is much harder to manipulate than other Enghouse Systems 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.

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.
Most indicators from Enghouse Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Enghouse Systems 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 Enghouse Systems. 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, Enghouse Systems' Selling General Administrative is very stable compared to the past year. As of the 26th of November 2024, Enterprise Value is likely to grow to about 1.5 B, while Tax Provision is likely to drop about 13.4 M.
 2021 2022 2023 2024 (projected)
Interest Expense735K695K625.5K1.1M
Depreciation And Amortization46.7M48.8M56.1M59.0M

Enghouse Systems fundamental ratios Correlations

0.460.830.991.00.670.99-0.930.990.950.970.990.880.970.970.650.66-0.620.990.470.980.870.99-0.22-0.27-0.78
0.460.610.490.410.910.36-0.430.410.540.460.440.270.470.420.350.79-0.310.460.080.550.530.470.34-0.59-0.34
0.830.610.860.790.780.77-0.770.790.890.780.830.540.780.830.560.83-0.520.810.280.890.580.81-0.22-0.55-0.66
0.990.490.860.980.680.98-0.90.970.970.950.990.850.950.970.680.7-0.660.990.410.990.830.97-0.19-0.27-0.8
1.00.410.790.980.640.99-0.931.00.920.980.990.90.980.960.620.62-0.60.980.510.970.880.99-0.23-0.24-0.76
0.670.910.780.680.640.57-0.670.660.70.70.650.420.70.620.320.85-0.270.660.370.730.710.690.02-0.68-0.41
0.990.360.770.980.990.57-0.90.980.920.950.990.910.950.950.650.57-0.640.980.460.960.850.97-0.18-0.14-0.77
-0.93-0.43-0.77-0.9-0.93-0.67-0.9-0.94-0.85-0.96-0.9-0.78-0.96-0.88-0.62-0.690.57-0.89-0.47-0.9-0.8-0.960.270.330.75
0.990.410.790.971.00.660.98-0.940.910.980.990.890.980.950.60.62-0.570.980.540.960.890.99-0.25-0.27-0.74
0.950.540.890.970.920.70.92-0.850.910.880.960.750.880.980.730.79-0.710.950.280.980.740.92-0.21-0.33-0.86
0.970.460.780.950.980.70.95-0.960.980.880.950.851.00.90.570.64-0.540.950.530.940.880.99-0.24-0.26-0.7
0.990.440.830.990.990.650.99-0.90.990.960.950.880.940.980.640.65-0.620.990.470.980.860.97-0.22-0.26-0.78
0.880.270.540.850.90.420.91-0.780.890.750.850.880.850.830.540.34-0.540.870.520.80.860.87-0.080.01-0.63
0.970.470.780.950.980.70.95-0.960.980.881.00.940.850.90.60.65-0.580.940.480.940.870.99-0.18-0.27-0.72
0.970.420.830.970.960.620.95-0.880.950.980.90.980.830.90.710.7-0.680.970.370.970.790.95-0.28-0.29-0.86
0.650.350.560.680.620.320.65-0.620.60.730.570.640.540.60.710.62-0.970.61-0.30.690.360.640.2-0.16-0.93
0.660.790.830.70.620.850.57-0.690.620.790.640.650.340.650.70.62-0.530.650.070.760.50.67-0.07-0.61-0.66
-0.62-0.31-0.52-0.66-0.6-0.27-0.640.57-0.57-0.71-0.54-0.62-0.54-0.58-0.68-0.97-0.53-0.590.36-0.66-0.33-0.62-0.260.110.92
0.990.460.810.990.980.660.98-0.890.980.950.950.990.870.940.970.610.65-0.590.490.980.870.97-0.24-0.21-0.76
0.470.080.280.410.510.370.46-0.470.540.280.530.470.520.480.37-0.30.070.360.490.370.690.47-0.49-0.130.08
0.980.550.890.990.970.730.96-0.90.960.980.940.980.80.940.970.690.76-0.660.980.370.820.97-0.18-0.33-0.81
0.870.530.580.830.880.710.85-0.80.890.740.880.860.860.870.790.360.5-0.330.870.690.820.87-0.08-0.26-0.5
0.990.470.810.970.990.690.97-0.960.990.920.990.970.870.990.950.640.67-0.620.970.470.970.87-0.21-0.28-0.77
-0.220.34-0.22-0.19-0.230.02-0.180.27-0.25-0.21-0.24-0.22-0.08-0.18-0.280.2-0.07-0.26-0.24-0.49-0.18-0.08-0.21-0.030.06
-0.27-0.59-0.55-0.27-0.24-0.68-0.140.33-0.27-0.33-0.26-0.260.01-0.27-0.29-0.16-0.610.11-0.21-0.13-0.33-0.26-0.28-0.030.19
-0.78-0.34-0.66-0.8-0.76-0.41-0.770.75-0.74-0.86-0.7-0.78-0.63-0.72-0.86-0.93-0.660.92-0.760.08-0.81-0.5-0.770.060.19
Click cells to compare fundamentals

Enghouse Systems Account Relationship Matchups

Enghouse Systems fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets763.6M674.6M705.0M783.7M901.2M946.3M
Short Long Term Debt Total42.2M25.6M19.9M12.4M14.3M11.8M
Other Current Liab26.4M14.5M13.4M14.4M16.6M17.4M
Total Current Liabilities206.6M174.5M163.9M197.5M227.1M238.5M
Total Stockholder Equity496.3M454.3M508.2M555.3M638.6M670.6M
Property Plant And Equipment Net49.1M32.2M24.2M15.5M17.8M18.7M
Current Deferred Revenue89.9M80.6M83.1M109.0M125.4M131.6M
Net Debt(202.6M)(170.3M)(205.2M)(227.1M)(204.4M)(194.2M)
Retained Earnings379.4M355.0M401.2M426.4M490.4M514.9M
Accounts Payable80.3M71.5M60.5M67.8M77.9M81.8M
Cash244.8M195.9M225.1M239.5M275.5M289.2M
Non Current Assets Total406.3M371.0M370.5M434.3M499.4M524.4M
Other Assets12.7M16.1M13.9M30.3M34.9M36.6M
Cash And Short Term Investments251.8M198.8M228.1M240.4M276.4M290.2M
Net Receivables90.8M91.5M93.6M93.5M107.5M112.9M
Common Stock Shares Outstanding55.6M55.9M55.6M55.3M63.6M53.3M
Liabilities And Stockholders Equity763.6M674.6M705.0M783.7M901.2M946.3M
Non Current Liabilities Total60.7M45.8M33.0M30.8M35.5M20.1M
Other Current Assets14.8M13.3M12.8M15.5M17.8M18.7M
Other Stockholder Equity6.6M7.4M8.9M10.4M9.4M8.9M
Total Liab267.3M220.3M196.8M228.3M262.6M275.7M
Property Plant And Equipment Gross49.1M71.2M70.6M69.3M79.7M83.7M
Total Current Assets357.4M303.7M334.5M349.4M401.8M421.9M
Accumulated Other Comprehensive Income11.0M(14.6M)(9.0M)10.8M12.5M13.1M
Short Term Debt9.9M7.9M6.8M6.3M5.7M5.4M
Non Currrent Assets Other(390.2M)(357.0M)(340.2M)28.9M26.0M27.3M
Short Term Investments7.0M2.9M3.0M827K744.3K707.1K
Intangible Assets123.6M101.8M85.9M109.7M126.1M132.4M
Good Will217.4M223.0M230.0M280.2M322.3M338.4M
Common Stock99.4M106.5M107.0M107.7M123.9M88.0M
Other Liab26.7M28.5M28.1M19.9M22.9M27.8M
Net Tangible Assets76.9M155.3M129.5M192.3M221.1M232.2M
Property Plant Equipment6.3M49.1M32.2M24.2M27.9M16.8M
Capital Surpluse6.7M6.6M7.4M8.9M10.2M6.5M
Long Term Debt Total874K32.2M17.7M13.1M15.0M11.3M
Cash And Equivalents144.8M244.8M195.9M225.1M258.9M188.1M

Pair Trading with Enghouse Systems

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 Enghouse Systems 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 Enghouse Systems will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Enghouse Systems could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Enghouse Systems 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 Enghouse Systems - 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 Enghouse Systems to buy it.
The correlation of Enghouse Systems 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 Enghouse Systems moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Enghouse Systems 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 Enghouse Systems 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 CorrelationCorrelation Matching

Other Information on Investing in Enghouse Stock

Balance Sheet is a snapshot of the financial position of Enghouse Systems at a specified time, usually calculated after every quarter, six months, or one year. Enghouse Systems Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Enghouse Systems and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Enghouse currently owns. An asset can also be divided into two categories, current and non-current.