Inno Free Cash Flow Yield vs Book Value Per Share Analysis
| INHD Stock | 4.91 0.02 0.41% |
Inno Holdings financial indicator trend analysis is infinitely more than just investigating Inno Holdings Common recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Inno Holdings Common is a good investment. Please check the relationship between Inno Holdings Free Cash Flow Yield and its Book Value Per Share accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Inno Holdings Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
Free Cash Flow Yield vs Book Value Per Share
Free Cash Flow Yield vs Book Value Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Inno Holdings Common Free Cash Flow Yield account and Book Value Per Share. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Inno Holdings' Free Cash Flow Yield and Book Value Per Share is 0.49. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of Inno Holdings Common, assuming nothing else is changed. The correlation between historical values of Inno Holdings' Free Cash Flow Yield and Book Value Per Share 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 Inno Holdings Common are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Free Cash Flow Yield i.e., Inno Holdings' Free Cash Flow Yield and Book Value Per Share go up and down completely randomly.
Correlation Coefficient | 0.49 |
| 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.Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Most indicators from Inno Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Inno Holdings Common 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 Inno Holdings Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. The current year's Sales General And Administrative To Revenue is expected to grow to 1.50, whereas Tax Provision is forecasted to decline to 0.00.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 10.1K | 72.1K | 82.9K | 87.1K | Depreciation And Amortization | 34.2K | 69.4K | 79.9K | 83.8K |
Inno Holdings fundamental ratios Correlations
Click cells to compare fundamentals
Inno Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Inno Holdings Common is a strong investment it is important to analyze Inno Holdings' 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 Inno Holdings' future performance. For an informed investment choice regarding Inno Stock, refer to the following important reports:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Inno Holdings Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Is Construction Materials 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 Inno Holdings. If investors know Inno 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 Inno Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.00) | Revenue Per Share 0.354 | Quarterly Revenue Growth (0.56) | Return On Assets (0.69) | Return On Equity (3.78) |
The market value of Inno Holdings Common is measured differently than its book value, which is the value of Inno that is recorded on the company's balance sheet. Investors also form their own opinion of Inno Holdings' value that differs from its market value or its book value, called intrinsic value, which is Inno Holdings' 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 Inno Holdings' market value can be influenced by many factors that don't directly affect Inno Holdings' 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 Inno Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Inno Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Inno Holdings' 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.