Eaton Capex To Revenue vs Pfcf Ratio Analysis
ETN Stock | USD 375.42 3.44 0.92% |
Eaton PLC financial indicator trend analysis is much more than just examining Eaton PLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eaton PLC is a good investment. Please check the relationship between Eaton PLC Capex To Revenue and its Pfcf Ratio accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eaton PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Eaton Stock, please use our How to Invest in Eaton PLC guide.
Capex To Revenue vs Pfcf Ratio
Capex To Revenue vs Pfcf Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eaton PLC Capex To Revenue account and Pfcf Ratio. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Eaton PLC's Capex To Revenue and Pfcf Ratio is 0.45. Overlapping area represents the amount of variation of Capex To Revenue that can explain the historical movement of Pfcf Ratio in the same time period over historical financial statements of Eaton PLC, assuming nothing else is changed. The correlation between historical values of Eaton PLC's Capex To Revenue and Pfcf 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 Capex To Revenue of Eaton PLC are associated (or correlated) with its Pfcf Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pfcf Ratio has no effect on the direction of Capex To Revenue i.e., Eaton PLC's Capex To Revenue and Pfcf Ratio go up and down completely randomly.
Correlation Coefficient | 0.45 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Capex To Revenue
The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.Pfcf Ratio
Most indicators from Eaton PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eaton PLC 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 Eaton PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Eaton Stock, please use our How to Invest in Eaton PLC guide.At this time, Eaton PLC's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 29th of November 2024, Enterprise Value Over EBITDA is likely to grow to 22.31, while Selling General Administrative is likely to drop about 3.1 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 6.3B | 6.9B | 23.2B | 24.4B | Total Revenue | 19.6B | 20.8B | 23.2B | 12.9B |
Eaton PLC fundamental ratios Correlations
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Eaton PLC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Eaton PLC fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 32.8B | 31.8B | 34.0B | 35.0B | 38.4B | 40.4B | |
Short Long Term Debt Total | 8.7B | 8.4B | 8.9B | 9.1B | 9.8B | 10.3B | |
Other Current Liab | 2.1B | 2.8B | 2.7B | 3.0B | 3.4B | 3.5B | |
Total Current Liabilities | 5.1B | 5.9B | 7.2B | 6.4B | 7.7B | 8.1B | |
Total Stockholder Equity | 16.1B | 14.9B | 16.4B | 17.0B | 19.0B | 20.0B | |
Property Plant And Equipment Net | 3.9B | 3.4B | 3.5B | 3.7B | 4.2B | 2.6B | |
Net Debt | 8.3B | 7.9B | 8.6B | 8.8B | 9.3B | 9.8B | |
Retained Earnings | 8.2B | 6.8B | 7.6B | 8.5B | 10.3B | 10.8B | |
Cash | 370M | 438M | 297M | 294M | 488M | 262.2M | |
Non Current Assets Total | 24.1B | 22.6B | 26.5B | 26.3B | 26.8B | 28.1B | |
Cash And Short Term Investments | 591M | 1.1B | 568M | 555M | 2.6B | 2.7B | |
Net Receivables | 3.4B | 2.9B | 3.3B | 4.1B | 4.8B | 5.0B | |
Common Stock Shares Outstanding | 420.8M | 404M | 401.6M | 400.8M | 401.1M | 382.9M | |
Liabilities And Stockholders Equity | 32.8B | 31.8B | 34.0B | 35.0B | 38.4B | 40.4B | |
Non Current Liabilities Total | 11.5B | 10.9B | 10.4B | 11.6B | 11.6B | 6.2B | |
Inventory | 2.8B | 2.1B | 3.0B | 3.4B | 3.7B | 3.9B | |
Other Current Assets | 1.9B | 3.1B | 677M | 685M | 563M | 522.2M | |
Other Stockholder Equity | 12.2B | 12.3B | 12.4B | 12.5B | 12.6B | 13.3B | |
Total Liab | 16.7B | 16.9B | 17.6B | 18.0B | 19.4B | 20.3B | |
Total Current Assets | 8.7B | 9.2B | 7.5B | 8.8B | 11.7B | 12.3B | |
Short Term Debt | 503M | 1.0B | 1.7B | 334M | 1.0B | 518.7M | |
Intangible Assets | 4.6B | 4.2B | 5.9B | 5.5B | 5.1B | 3.0B | |
Accounts Payable | 2.1B | 2.0B | 2.8B | 3.1B | 3.4B | 3.5B | |
Short Term Investments | 221M | 664M | 271M | 261M | 2.1B | 2.2B | |
Accumulated Other Comprehensive Income | (4.3B) | (4.2B) | (3.6B) | (3.9B) | (3.9B) | (3.7B) | |
Other Liab | 3.3B | 3.6B | 3.2B | 2.8B | 3.2B | 2.8B | |
Other Assets | 2.0B | 2.2B | 2.4B | 2M | 2.3M | 2.2M | |
Long Term Debt | 7.8B | 7.0B | 6.8B | 8.3B | 8.2B | 5.6B | |
Good Will | 13.5B | 12.9B | 14.8B | 14.8B | 15.0B | 9.6B | |
Property Plant Equipment | 3.5B | 3.0B | 3.5B | 3.7B | 4.3B | 3.1B | |
Current Deferred Revenue | 449M | 351M | 501M | 330M | (1.3B) | (1.2B) | |
Property Plant And Equipment Gross | 3.9B | 3.4B | 7.8B | 8.0B | 9.4B | 9.9B | |
Net Tangible Assets | (2.0B) | (2.1B) | (4.2B) | (3.2B) | (3.7B) | (3.9B) | |
Noncontrolling Interest In Consolidated Entity | 35M | 51M | 43M | 38M | 34.2M | 36.2M | |
Retained Earnings Total Equity | 8.2B | 6.8B | 7.6B | 8.5B | 9.7B | 8.2B | |
Long Term Debt Total | 7.8B | 7.0B | 6.8B | 8.3B | 7.5B | 6.2B |
Pair Trading with Eaton PLC
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 Eaton PLC 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 Eaton PLC will appreciate offsetting losses from the drop in the long position's value.Moving together with Eaton Stock
0.83 | B | Barnes Group | PairCorr |
0.69 | BW | Babcock Wilcox Enter | PairCorr |
0.84 | CR | Crane Company | PairCorr |
0.95 | IR | Ingersoll Rand | PairCorr |
Moving against Eaton Stock
The ability to find closely correlated positions to Eaton PLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eaton PLC 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 Eaton PLC - 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 Eaton PLC to buy it.
The correlation of Eaton PLC 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 Eaton PLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eaton PLC 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 Eaton PLC 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.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eaton PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Eaton Stock, please use our How to Invest in Eaton PLC guide.You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Is Electrical Components & 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 Eaton PLC. If investors know Eaton 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 Eaton PLC 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 0.14 | Dividend Share 3.68 | Earnings Share 9.41 | Revenue Per Share 61.686 | Quarterly Revenue Growth 0.079 |
The market value of Eaton PLC is measured differently than its book value, which is the value of Eaton that is recorded on the company's balance sheet. Investors also form their own opinion of Eaton PLC's value that differs from its market value or its book value, called intrinsic value, which is Eaton PLC'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 Eaton PLC's market value can be influenced by many factors that don't directly affect Eaton PLC'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 Eaton PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eaton PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eaton PLC'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.