Franklin Free Cash Flow vs Other Non Cash Items Analysis

FELE Stock

USD 109.06 2.42 2.27%

Franklin Electric financial indicator trend analysis is much more than just examining Franklin Electric latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Franklin Electric is a good investment. Please check the relationship between Franklin Electric Free Cash Flow and its Other Non Cash Items accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin Electric Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Free Cash Flow vs Other Non Cash Items

Free Cash Flow vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Franklin Electric Free Cash Flow account and Other Non Cash Items. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Franklin Electric's Free Cash Flow and Other Non Cash Items is 0.8. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Franklin Electric Co, assuming nothing else is changed. The correlation between historical values of Franklin Electric's Free Cash Flow and Other Non Cash Items 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 Franklin Electric Co are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Free Cash Flow i.e., Franklin Electric's Free Cash Flow and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

0.8

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Other Non Cash Items

Most indicators from Franklin Electric's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Franklin Electric 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 Franklin Electric Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

The current year's Enterprise Value is expected to grow to about 3 B, whereas Selling General Administrative is forecasted to decline to about 412.7 M.

	2021	2022	2023	2024 (projected)
Gross Profit	576.1M	691.4M	697.0M	731.9M
Total Revenue	1.7B	2.0B	2.1B	2.2B

Gross Profit Total Revenue

Franklin Electric fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock Total Equity	Common Stock	Other Liab
Total Assets		0.5	0.63	0.88	0.98	0.98	0.43	0.98	0.94	0.03	0.99	-0.44	0.03	0.97	-0.51	0.27	0.96	0.59	0.85	0.67	0.74	0.99	0.47	0.61	0.6	0.62
Short Long Term Debt Total	0.5		-0.01	0.59	0.35	0.5	0.81	0.35	0.35	0.13	0.53	-0.07	0.13	0.49	0.24	0.67	0.4	0.81	0.39	0.89	-0.07	0.46	0.73	0.71	0.72	0.68
Other Current Liab	0.63	-0.01		0.65	0.69	0.54	0.07	0.7	0.76	-0.13	0.58	-0.44	-0.13	0.58	-0.46	-0.28	0.73	-0.02	0.61	0.23	0.49	0.67	0.23	-0.04	0.04	0.11
Total Current Liabilities	0.88	0.59	0.65		0.84	0.81	0.69	0.85	0.91	-0.28	0.86	-0.5	-0.28	0.89	-0.35	0.07	0.93	0.56	0.72	0.71	0.47	0.89	0.78	0.47	0.52	0.47
Total Stockholder Equity	0.98	0.35	0.69	0.84		0.96	0.33	1.0	0.94	-0.02	0.96	-0.47	-0.01	0.96	-0.59	0.13	0.97	0.47	0.87	0.55	0.82	0.99	0.39	0.53	0.53	0.53
Property Plant And Equipment Net	0.98	0.5	0.54	0.81	0.96		0.38	0.95	0.88	0.12	0.98	-0.4	0.12	0.95	-0.47	0.36	0.89	0.64	0.82	0.67	0.73	0.96	0.39	0.7	0.7	0.66
Net Debt	0.43	0.81	0.07	0.69	0.33	0.38		0.35	0.42	-0.47	0.44	-0.16	-0.47	0.52	0.13	0.21	0.48	0.64	0.3	0.69	-0.07	0.41	0.9	0.48	0.54	0.36
Retained Earnings	0.98	0.35	0.7	0.85	1.0	0.95	0.35		0.94	-0.06	0.95	-0.48	-0.06	0.97	-0.59	0.09	0.97	0.45	0.88	0.54	0.8	0.98	0.42	0.51	0.53	0.52
Accounts Payable	0.94	0.35	0.76	0.91	0.94	0.88	0.42	0.94		-0.17	0.93	-0.48	-0.17	0.91	-0.54	0.06	0.96	0.44	0.8	0.57	0.73	0.94	0.47	0.43	0.41	0.47
Cash	0.03	0.13	-0.13	-0.28	-0.02	0.12	-0.47	-0.06	-0.17		0.05	0.16	1.0	-0.14	0.13	0.65	-0.21	0.15	0.09	0.18	0.03	0.0	-0.41	0.26	0.16	0.42
Non Current Assets Total	0.99	0.53	0.58	0.86	0.96	0.98	0.44	0.95	0.93	0.05		-0.39	0.06	0.95	-0.47	0.35	0.92	0.64	0.82	0.71	0.72	0.97	0.44	0.66	0.63	0.65
Non Currrent Assets Other	-0.44	-0.07	-0.44	-0.5	-0.47	-0.4	-0.16	-0.48	-0.48	0.16	-0.39		0.16	-0.47	0.22	0.19	-0.53	-0.03	-0.6	-0.26	-0.22	-0.48	-0.43	-0.26	-0.17	-0.36
Cash And Short Term Investments	0.03	0.13	-0.13	-0.28	-0.01	0.12	-0.47	-0.06	-0.17	1.0	0.06	0.16		-0.14	0.13	0.65	-0.2	0.15	0.1	0.18	0.03	0.0	-0.42	0.25	0.16	0.42
Net Receivables	0.97	0.49	0.58	0.89	0.96	0.95	0.52	0.97	0.91	-0.14	0.95	-0.47	-0.14		-0.5	0.15	0.96	0.58	0.83	0.62	0.7	0.97	0.56	0.61	0.65	0.57
Common Stock Shares Outstanding	-0.51	0.24	-0.46	-0.35	-0.59	-0.47	0.13	-0.59	-0.54	0.13	-0.47	0.22	0.13	-0.5		0.33	-0.55	0.21	-0.53	0.23	-0.72	-0.54	0.03	0.19	0.14	0.06
Non Current Liabilities Total	0.27	0.67	-0.28	0.07	0.13	0.36	0.21	0.09	0.06	0.65	0.35	0.19	0.65	0.15	0.33		0.01	0.72	0.12	0.68	-0.02	0.18	0.02	0.74	0.57	0.72
Inventory	0.96	0.4	0.73	0.93	0.97	0.89	0.48	0.97	0.96	-0.21	0.92	-0.53	-0.2	0.96	-0.55	0.01		0.45	0.83	0.56	0.73	0.97	0.56	0.44	0.46	0.45
Other Current Assets	0.59	0.81	-0.02	0.56	0.47	0.64	0.64	0.45	0.44	0.15	0.64	-0.03	0.15	0.58	0.21	0.72	0.45		0.27	0.88	0.19	0.53	0.5	0.84	0.8	0.72
Other Stockholder Equity	0.85	0.39	0.61	0.72	0.87	0.82	0.3	0.88	0.8	0.09	0.82	-0.6	0.1	0.83	-0.53	0.12	0.83	0.27		0.49	0.63	0.87	0.42	0.48	0.48	0.61
Total Liab	0.67	0.89	0.23	0.71	0.55	0.67	0.69	0.54	0.57	0.18	0.71	-0.26	0.18	0.62	0.23	0.68	0.56	0.88	0.49		0.12	0.62	0.64	0.84	0.76	0.8
Property Plant And Equipment Gross	0.74	-0.07	0.49	0.47	0.82	0.73	-0.07	0.8	0.73	0.03	0.72	-0.22	0.03	0.7	-0.72	-0.02	0.73	0.19	0.63	0.12		0.76	-0.06	0.24	0.19	0.24
Total Current Assets	0.99	0.46	0.67	0.89	0.99	0.96	0.41	0.98	0.94	0.0	0.97	-0.48	0.0	0.97	-0.54	0.18	0.97	0.53	0.87	0.62	0.76		0.49	0.55	0.55	0.57
Short Term Debt	0.47	0.73	0.23	0.78	0.39	0.39	0.9	0.42	0.47	-0.41	0.44	-0.43	-0.42	0.56	0.03	0.02	0.56	0.5	0.42	0.64	-0.06	0.49		0.36	0.46	0.34
Common Stock Total Equity	0.61	0.71	-0.04	0.47	0.53	0.7	0.48	0.51	0.43	0.26	0.66	-0.26	0.25	0.61	0.19	0.74	0.44	0.84	0.48	0.84	0.24	0.55	0.36		0.88	0.85
Common Stock	0.6	0.72	0.04	0.52	0.53	0.7	0.54	0.53	0.41	0.16	0.63	-0.17	0.16	0.65	0.14	0.57	0.46	0.8	0.48	0.76	0.19	0.55	0.46	0.88		0.66
Other Liab	0.62	0.68	0.11	0.47	0.53	0.66	0.36	0.52	0.47	0.42	0.65	-0.36	0.42	0.57	0.06	0.72	0.45	0.72	0.61	0.8	0.24	0.57	0.34	0.85	0.66

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Franklin Electric Account Relationship Matchups

Franklin Electric fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.2B	1.3B	1.6B	1.7B	1.7B	1.8B
Short Long Term Debt Total	142.6M	126.5M	236.8M	264.8M	156.3M	111.0M
Other Current Liab	71.5M	89.0M	115.4M	120.6M	100.2M	105.3M
Total Current Liabilities	185.8M	203.7M	396.0M	405.8M	287.0M	301.4M
Total Stockholder Equity	798.7M	847.8M	946.5M	1.1B	1.2B	1.3B
Property Plant And Equipment Net	228.9M	241.0M	259.0M	264.1M	286.8M	301.1M
Net Debt	78.2M	(4.3M)	196.2M	219.1M	71.3M	51.4M
Retained Earnings	712.5M	764.6M	859.8M	969.3M	1.1B	1.1B
Accounts Payable	82.6M	95.9M	164.8M	139.3M	152.4M	160.0M
Cash	64.4M	130.8M	40.5M	45.8M	85.0M	61.0M
Non Current Assets Total	627.3M	653.1M	850.5M	836.1M	874.3M	918.0M
Non Currrent Assets Other	2.0M	2.7M	4.5M	5.9M	6.4M	9.5M
Cash And Short Term Investments	64.4M	130.8M	40.5M	45.8M	85.0M	62.5M
Net Receivables	173.3M	159.8M	196.2M	230.4M	222.4M	233.5M
Common Stock Shares Outstanding	47M	47.1M	46.8M	46.7M	46.9M	38.5M
Liabilities And Stockholders Equity	1.2B	1.3B	1.6B	1.7B	1.7B	1.8B
Non Current Liabilities Total	210.3M	218.7M	230.5M	217.6M	230.8M	152.5M
Inventory	300.2M	300.9M	450.0M	545.0M	508.7M	534.1M
Other Current Assets	29.5M	27.7M	38.0M	36.9M	37.7M	24.2M
Other Stockholder Equity	271.8M	283.4M	310.6M	325.4M	344.7M	362.0M
Total Liab	396.1M	422.4M	626.5M	623.4M	517.8M	281.4M
Property Plant And Equipment Gross	228.9M	241.0M	210.7M	215.2M	657.0M	689.9M
Total Current Assets	567.4M	619.3M	724.6M	858.1M	853.8M	896.5M
Accumulated Other Comprehensive Income	(190.2M)	(204.8M)	(228.6M)	(231.4M)	(221.1M)	(210.0M)
Short Term Debt	31.7M	13.6M	113.3M	142.7M	29.7M	24.2M
Other Liab	99.6M	106.1M	107.0M	95.5M	109.9M	77.3M
Other Assets	(48K)	27K	11.6M	12.2M	12.7M	25.7K
Long Term Debt	93.1M	92.0M	90.5M	89.3M	88.1M	111.1M
Good Will	398.4M	412.1M	591.5M	572.0M	342.4M	281.2M
Intangible Assets	131.1M	133.8M	249.7M	231.3M	230.0M	123.1M
Property Plant Equipment	201.3M	209.0M	259.0M	215.2M	247.4M	171.7M
Net Tangible Assets	814.1M	868.5M	357.2M	1.1B	1.3B	719.2M
Noncontrolling Interest In Consolidated Entity	2.1M	2.1M	2.2M	2.3M	2.6M	2.1M
Retained Earnings Total Equity	712.5M	764.6M	859.8M	969.3M	1.1B	610.3M
Long Term Debt Total	93.1M	92.0M	90.5M	89.3M	80.3M	103.2M
Capital Surpluse	269.7M	283.4M	310.6M	325.4M	374.2M	257.4M

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When determining whether Franklin Electric is a strong investment it is important to analyze Franklin Electric's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Franklin Electric's future performance. For an informed investment choice regarding Franklin Stock, refer to the following important reports:

How To Invest In Franklin

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Is Franklin Stock a good investment?

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What is Franklin Electric's Net Worth?

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Largest Industrial Machinery & Supplies & Components Companies

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Largest Specialty Industrial Machinery Companies

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin Electric Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

Is Industrial Machinery & Supplies & Components 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 Franklin Electric. If investors know Franklin 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 Franklin Electric 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

(0.05)

Dividend Share

0.975

Earnings Share

3.96

Revenue Per Share

43.688

Quarterly Revenue Growth

(0.01)

The market value of Franklin Electric is measured differently than its book value, which is the value of Franklin that is recorded on the company's balance sheet. Investors also form their own opinion of Franklin Electric's value that differs from its market value or its book value, called intrinsic value, which is Franklin Electric'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 Franklin Electric's market value can be influenced by many factors that don't directly affect Franklin Electric'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 Franklin Electric's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Electric is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Electric'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.

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Franklin Free Cash Flow vs Other Non Cash Items Analysis

Free Cash Flow vs Other Non Cash Items

Free Cash Flow vs Other Non Cash Items Correlation Analysis

Correlation Coefficient

Free Cash Flow

Other Non Cash Items

Franklin Electric fundamental ratios Correlations

Franklin Electric Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Franklin Electric fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Retained Earnings	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Stockholder Equity
Total Stockholder Equity	+ 0.98	Total Assets

Property Plant And Equipment Gross	- 0.72	Common Stock Shares Outstanding
Other Stockholder Equity	- 0.6	Non Currrent Assets Other
Common Stock Shares Outstanding	- 0.59	Retained Earnings
Common Stock Shares Outstanding	- 0.59	Total Stockholder Equity
Inventory	- 0.55	Common Stock Shares Outstanding
Total Current Assets	- 0.54	Common Stock Shares Outstanding