Linamar Historical Financial Ratios
| LNR Stock | CAD 61.85 0.95 1.56% |
Linamar is lately reporting on over 97 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Days Sales Outstanding of 70.6 will help investors to properly organize and evaluate Linamar financial condition quickly.
Linamar |
About Linamar Financial Ratios Analysis
LinamarFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Linamar investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Linamar financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Linamar history.
Linamar Financial Ratios Chart
Add Fundamental
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Linamar stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Linamar sales, a figure that is much harder to manipulate than other Linamar 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.Payout Ratio
Payout Ratio is the proportion of Linamar earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Linamar dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Linamar is paying out more in dividends than it makes in net income.Effective Tax Rate
Effective Tax Rate is the average rate at which Linamar pre-tax profits are taxed by the government. The effective tax rate is computed by dividing Linamar total tax expenses by Linamar earnings before taxes.Most ratios from Linamar's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Linamar current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Linamar. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Linamar's EV To Sales is very stable compared to the past year. As of the 26th of November 2024, ROIC is likely to grow to 0.12, while Price To Sales Ratio is likely to drop 0.38.
| 2021 | 2022 | 2024 (projected) | Dividend Yield | 0.009075 | 0.0131 | 0.0142 | Price To Sales Ratio | 0.75 | 0.49 | 0.38 |
Linamar fundamentals Correlations
Click cells to compare fundamentals
Linamar Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Linamar fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | 0.43 | 0.76 | 0.75 | 0.49 | 0.4 | 0.38 | |
| Dividend Yield | 0.0106 | 0.009769 | 0.005337 | 0.009075 | 0.0131 | 0.0142 | |
| Ptb Ratio | 0.8 | 1.01 | 1.07 | 0.81 | 0.74 | 0.7 | |
| Days Sales Outstanding | 56.77 | 60.46 | 52.36 | 58.18 | 52.83 | 70.6 | |
| Book Value Per Share | 61.73 | 66.66 | 70.26 | 75.33 | 86.54 | 90.87 | |
| Free Cash Flow Yield | 0.19 | 0.26 | 0.13 | 0.0115 | (0.0114) | (0.0108) | |
| Operating Cash Flow Per Share | 17.89 | 21.96 | 13.88 | 7.33 | 12.12 | 12.73 | |
| Stock Based Compensation To Revenue | 3.74E-4 | 4.96E-4 | 5.0E-4 | 3.86E-4 | 4.04E-4 | 6.47E-4 | |
| Capex To Depreciation | 1.39 | 0.64 | 0.57 | 0.96 | 1.61 | 1.73 | |
| Pb Ratio | 0.8 | 1.01 | 1.07 | 0.81 | 0.74 | 0.7 | |
| Ev To Sales | 0.64 | 0.83 | 0.73 | 0.55 | 0.52 | 0.99 | |
| Free Cash Flow Per Share | 9.32 | 17.49 | 10.0 | 0.7 | (0.73) | (0.69) | |
| Roic | 0.0804 | 0.0559 | 0.0834 | 0.0736 | 0.0819 | 0.12 | |
| Inventory Turnover | 6.4 | 5.82 | 5.25 | 4.6 | 4.58 | 7.95 | |
| Net Income Per Share | 6.59 | 4.27 | 6.43 | 6.67 | 8.18 | 8.59 | |
| Days Of Inventory On Hand | 57.0 | 62.74 | 69.52 | 79.34 | 79.71 | 42.77 | |
| Payables Turnover | 8.22 | 5.81 | 5.69 | 5.64 | 5.89 | 5.6 | |
| Research And Ddevelopement To Revenue | 0.002771 | 0.004482 | 0.004613 | 0.004104 | 0.003393 | 0.001979 | |
| Capex To Revenue | 0.0732 | 0.0754 | 0.0501 | 0.0389 | 0.0535 | 0.0812 | |
| Cash Per Share | 5.18 | 13.19 | 14.19 | 13.47 | 10.62 | 11.15 | |
| Pocfratio | 2.75 | 3.07 | 5.4 | 8.36 | 5.28 | 8.04 | |
| Interest Coverage | 9.09 | 9.61 | 32.61 | 20.99 | 11.45 | 17.24 | |
| Payout Ratio | 0.0571 | 0.053 | 0.0728 | 0.0842 | 0.11 | 0.12 | |
| Capex To Operating Cash Flow | 0.48 | 0.2 | 0.28 | 0.9 | 1.06 | 1.05 | |
| Pfcf Ratio | 5.27 | 3.85 | 7.5 | 87.25 | (87.65) | (83.27) | |
| Days Payables Outstanding | 44.39 | 62.84 | 64.18 | 64.74 | 61.97 | 68.63 | |
| Income Quality | 2.71 | 5.14 | 2.16 | 1.1 | 1.48 | 1.46 | |
| Ev To Operating Cash Flow | 4.08 | 3.38 | 5.25 | 9.32 | 6.78 | 9.28 | |
| Pe Ratio | 7.45 | 15.77 | 11.66 | 9.19 | 7.83 | 13.27 | |
| Return On Tangible Assets | 0.0737 | 0.0482 | 0.0735 | 0.0635 | 0.0639 | 0.0875 | |
| Ev To Free Cash Flow | 7.83 | 4.24 | 7.29 | 97.23 | (112.56) | (106.93) | |
| Net Debt To E B I T D A | 1.42 | 0.48 | (0.13) | 0.43 | 0.88 | 0.65 | |
| Current Ratio | 1.91 | 2.01 | 1.85 | 1.25 | 1.71 | 1.59 | |
| Tangible Book Value Per Share | 35.08 | 39.7 | 44.81 | 46.13 | 54.41 | 57.14 | |
| Receivables Turnover | 6.43 | 6.04 | 6.97 | 6.27 | 6.91 | 4.69 | |
| Graham Number | 95.69 | 80.07 | 100.79 | 106.34 | 126.21 | 132.52 |
Pair Trading with Linamar
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 Linamar 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 Linamar will appreciate offsetting losses from the drop in the long position's value.Moving against Linamar Stock
| 0.58 | RY-PS | Royal Bank | PairCorr |
| 0.56 | BMO-PE | Bank of Montreal | PairCorr |
| 0.4 | FFH-PC | Fairfax Fin Hld | PairCorr |
| 0.36 | NA | National Bank | PairCorr |
| 0.34 | RY | Royal Bank | PairCorr |
The ability to find closely correlated positions to Linamar could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Linamar 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 Linamar - 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 Linamar to buy it.
The correlation of Linamar 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 Linamar moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Linamar 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 Linamar 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.Other Information on Investing in Linamar Stock
LinamarFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Linamar investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Linamar financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Linamar history.