Itafos Price To Sales Ratio vs Ptb Ratio Analysis

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 Price To Sales Ratio and its Ptb Ratio 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.

Price To Sales Ratio vs Ptb Ratio

Price To Sales Ratio vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Itafos Corp Price To Sales Ratio account and Ptb Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Itafos Corp's Price To Sales Ratio and Ptb Ratio is -0.05. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Ptb Ratio 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 Price To Sales Ratio and Ptb 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 Price To Sales Ratio of Itafos Corp are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Price To Sales Ratio i.e., Itafos Corp's Price To Sales Ratio and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

-0.05
Relationship DirectionNegative 
Relationship StrengthInsignificant

Price To Sales Ratio

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

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.
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.
 2021 2022 2023 2024 (projected)
Interest Expense29.8M22.1M13.5M10.5M
Depreciation And Amortization25.8M33.7M36.1M37.9M

Itafos Corp fundamental ratios Correlations

0.60.60.340.420.920.48-0.650.680.890.20.240.570.030.610.620.630.40.830.59-0.20.120.70.460.060.43
0.60.340.68-0.30.710.98-0.290.60.680.40.430.190.160.20.410.25-0.220.850.12-0.240.550.38-0.170.19-0.18
0.60.34-0.030.130.330.28-0.760.860.28-0.28-0.270.94-0.450.850.820.960.640.660.91-0.46-0.250.130.25-0.330.26
0.340.68-0.03-0.120.580.70.130.320.60.70.71-0.180.08-0.2-0.24-0.14-0.470.45-0.250.120.960.29-0.270.2-0.28
0.42-0.30.13-0.120.38-0.38-0.20.080.410.20.220.22-0.320.250.00.210.51-0.130.320.14-0.150.340.540.190.54
0.920.710.330.580.380.63-0.420.541.00.460.520.280.10.330.370.340.10.760.27-0.050.410.710.260.270.24
0.480.980.280.7-0.380.63-0.180.530.610.430.460.110.180.080.330.17-0.320.780.01-0.230.590.32-0.350.24-0.36
-0.65-0.29-0.760.13-0.2-0.42-0.18-0.61-0.380.260.19-0.80.24-0.9-0.82-0.84-0.78-0.63-0.790.090.34-0.29-0.520.43-0.53
0.680.60.860.320.080.540.53-0.610.49-0.04-0.030.73-0.430.720.70.810.380.780.75-0.470.120.250.2-0.210.22
0.890.680.280.60.411.00.61-0.380.490.530.590.230.10.280.310.290.080.720.220.00.450.710.240.320.22
0.20.4-0.280.70.20.460.430.26-0.040.530.97-0.390.13-0.38-0.41-0.34-0.40.09-0.410.190.730.24-0.280.64-0.28
0.240.43-0.270.710.220.520.460.19-0.030.590.97-0.390.16-0.37-0.4-0.34-0.360.11-0.430.280.730.3-0.260.62-0.27
0.570.190.94-0.180.220.280.11-0.80.730.23-0.39-0.39-0.530.930.850.970.710.570.95-0.45-0.380.040.4-0.460.41
0.030.16-0.450.08-0.320.10.180.24-0.430.10.130.16-0.53-0.46-0.23-0.44-0.390.05-0.460.210.080.34-0.10.32-0.15
0.610.20.85-0.20.250.330.08-0.90.720.28-0.38-0.370.93-0.460.870.950.770.590.94-0.39-0.40.10.56-0.550.58
0.620.410.82-0.240.00.370.33-0.820.70.31-0.41-0.40.85-0.230.870.870.590.730.84-0.51-0.440.180.36-0.310.37
0.630.250.96-0.140.210.340.17-0.840.810.29-0.34-0.340.97-0.440.950.870.70.630.95-0.47-0.360.090.41-0.420.42
0.4-0.220.64-0.470.510.1-0.32-0.780.380.08-0.4-0.360.71-0.390.770.590.70.170.8-0.05-0.60.230.58-0.440.6
0.830.850.660.45-0.130.760.78-0.630.780.720.090.110.570.050.590.730.630.170.53-0.360.230.470.16-0.10.14
0.590.120.91-0.250.320.270.01-0.790.750.22-0.41-0.430.95-0.460.940.840.950.80.53-0.46-0.450.130.55-0.440.57
-0.2-0.24-0.460.120.14-0.05-0.230.09-0.470.00.190.28-0.450.21-0.39-0.51-0.47-0.05-0.36-0.460.190.24-0.010.14-0.01
0.120.55-0.250.96-0.150.410.590.340.120.450.730.73-0.380.08-0.4-0.44-0.36-0.60.23-0.450.190.15-0.360.25-0.37
0.70.380.130.290.340.710.32-0.290.250.710.240.30.040.340.10.180.090.230.470.130.240.150.250.310.21
0.46-0.170.25-0.270.540.26-0.35-0.520.20.24-0.28-0.260.4-0.10.560.360.410.580.160.55-0.01-0.360.25-0.31.0
0.060.19-0.330.20.190.270.240.43-0.210.320.640.62-0.460.32-0.55-0.31-0.42-0.44-0.1-0.440.140.250.31-0.3-0.32
0.43-0.180.26-0.280.540.24-0.36-0.530.220.22-0.28-0.270.41-0.150.580.370.420.60.140.57-0.01-0.370.211.0-0.32
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Itafos Corp Account Relationship Matchups

Itafos Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets510.8M477.3M633.9M614.0M587.2M325.7M
Short Long Term Debt Total222.7M256.9M254.1M143.9M103.8M113.2M
Other Current Liab42.1M28.7M40.2M31.2M42.3M44.4M
Total Current Liabilities80.1M57.0M121.8M97.1M106.6M72.7M
Total Stockholder Equity133.2M81.7M133.4M252.3M258.7M271.7M
Property Plant And Equipment Net332.6M333.0M433.8M410.8M371.6M238.6M
Net Debt193.6M247.4M222.5M101.1M73.1M93.0M
Retained Earnings(647.3M)(701.3M)(650.2M)(535.1M)(531.3M)(504.7M)
Accounts Payable32.4M23.1M25.3M32.7M31.7M33.2M
Non Current Assets Total346.6M342.8M438.7M415.6M388.2M250.7M
Non Currrent Assets Other13.1M8.6M4.9M4.8M5.5M10.6M
Other Assets12.2M14M9.8M4.9M5.6M9.8M
Net Receivables25.8M26.2M43.8M27.1M41.9M44.0M
Common Stock Shares Outstanding143.4M184.7M189.0M191.8M190.0M199.5M
Liabilities And Stockholders Equity510.8M477.3M633.9M614.0M587.2M325.7M
Non Current Liabilities Total288.5M337.9M377.4M263.8M221.9M233.0M
Inventory105.0M93.4M112.7M122.3M119.8M125.8M
Total Liab368.5M394.9M499.2M360.9M328.5M168.5M
Total Current Assets164.2M134.5M195.1M198.4M199.0M208.9M
Current Deferred Revenue702K21K913K987K386K366.7K
Short Term Debt4.9M5.2M55.4M32.2M32.3M51.1M
Cash And Short Term Investments29.1M9.5M31.6M42.8M30.8M17.6M
Other Current Assets3.3M132K421K448K510K484.5K
Cash29.1M9.5M31.6M42.8M30.8M22.0M
Other Liab62.4M70.6M86.2M178.7M205.5M215.8M
Net Tangible Assets262.7M142.3M81.7M133.4M120.1M148.1M
Long Term Debt208.9M237.8M187.0M98.9M61.4M117.6M
Short Long Term Debt2.5M2.4M52.8M29.2M29.1M43.2M
Common Stock529.2M531.6M532.4M536.2M538.7M459.4M
Property Plant Equipment369.7M332.6M333.0M433.8M498.9M370.2M
Non Current Liabilities Other18K602K694K642K603K596.4K
Net Invested Capital344.5M321.9M373.3M380.5M349.3M294.6M
Net Working Capital84.1M77.5M73.3M101.3M92.4M91.2M
Capital Stock529.2M531.6M532.4M536.2M538.7M583.6M

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