| IFOS Stock | | | CAD 1.76 0.07 4.14% |
Itafos Corp financial indicator trend analysis is infinitely more than just investigating Itafos Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Itafos Corp is a good investment. Please check the relationship between Itafos Corp Free Cash Flow Yield and its Roe accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Itafos Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
Free Cash Flow Yield vs Roe
Free Cash Flow Yield vs Roe Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Itafos Corp Free Cash Flow Yield account and
Roe. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Itafos Corp's Free Cash Flow Yield and Roe is 0.45. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Roe in the same time period over historical financial statements of Itafos Corp, assuming nothing else is changed. The correlation between historical values of Itafos Corp's Free Cash Flow Yield and Roe 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 Itafos Corp are associated (or correlated) with its Roe. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roe has no effect on the direction of Free Cash Flow Yield i.e., Itafos Corp's Free Cash Flow Yield and Roe go up and down completely randomly.
Correlation Coefficient | 0.45 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
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.
Roe
Most indicators from Itafos Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Itafos Corp 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Itafos Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
At this time, Itafos Corp's
Enterprise Value Over EBITDA is fairly stable compared to the past year.
Enterprise Value Multiple is likely to climb to 5.14 in 2024, whereas
Tax Provision is likely to drop slightly above 1.1
M in 2024.
Itafos Corp fundamental ratios Correlations
Click cells to compare fundamentals
Itafos Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Itafos Corp fundamental ratios Accounts
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Additional Tools for Itafos Stock Analysis
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