Montrose Cash Per Share vs Ev To Sales Analysis

MEG Stock  USD 18.82  0.10  0.53%   
Montrose Environmental financial indicator trend analysis is infinitely more than just investigating Montrose Environmental recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Montrose Environmental is a good investment. Please check the relationship between Montrose Environmental Cash Per Share and its Ev To Sales accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Montrose Environmental Grp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Cash Per Share vs Ev To Sales

Cash Per Share vs Ev To Sales Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Montrose Environmental Cash Per Share account and Ev To Sales. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Montrose Environmental's Cash Per Share and Ev To Sales is 0.44. Overlapping area represents the amount of variation of Cash Per Share that can explain the historical movement of Ev To Sales in the same time period over historical financial statements of Montrose Environmental Grp, assuming nothing else is changed. The correlation between historical values of Montrose Environmental's Cash Per Share and Ev To Sales is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash Per Share of Montrose Environmental Grp are associated (or correlated) with its Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Cash Per Share i.e., Montrose Environmental's Cash Per Share and Ev To Sales go up and down completely randomly.

Correlation Coefficient

0.44
Relationship DirectionPositive 
Relationship StrengthWeak

Cash Per Share

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.
Most indicators from Montrose Environmental's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Montrose Environmental 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Montrose Environmental Grp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
The Montrose Environmental's current Tax Provision is estimated to increase to about 3.4 M, while Selling General Administrative is projected to decrease to roughly 172.8 M.
 2021 2022 2023 2024 (projected)
Gross Profit177.4M192.5M240.3M279.7M
Total Revenue546.4M544.4M624.2M424.2M

Montrose Environmental fundamental ratios Correlations

0.80.750.850.740.910.520.660.960.660.980.830.880.890.670.96-0.840.720.980.190.530.920.360.170.980.98
0.80.750.790.290.540.50.180.750.420.750.730.730.510.630.77-0.770.460.78-0.20.520.810.60.490.740.73
0.750.750.680.440.640.680.330.680.610.70.690.680.610.570.72-0.640.250.750.140.70.870.340.180.670.66
0.850.790.680.560.750.690.420.770.550.80.820.930.690.910.86-0.960.550.92-0.070.690.850.710.380.820.82
0.740.290.440.560.920.430.940.70.570.740.490.670.920.420.74-0.550.630.750.470.410.6-0.03-0.280.770.79
0.910.540.640.750.920.480.840.870.650.90.710.830.970.610.91-0.780.690.920.390.480.810.21-0.070.930.94
0.520.50.680.690.430.480.310.420.350.460.470.530.420.60.57-0.590.20.57-0.111.00.620.480.230.480.49
0.660.180.330.420.940.840.310.710.690.720.530.50.860.380.59-0.430.740.650.680.310.42-0.25-0.410.720.74
0.960.750.680.770.70.870.420.710.760.990.890.780.880.670.87-0.790.840.940.350.450.810.230.110.980.97
0.660.420.610.550.570.650.350.690.760.750.870.550.670.690.47-0.530.610.680.720.40.49-0.12-0.290.660.66
0.980.750.70.80.740.90.460.720.990.750.880.810.890.680.9-0.820.80.960.340.490.840.270.080.990.99
0.830.730.690.820.490.710.470.530.890.870.880.750.680.870.7-0.820.680.870.370.520.70.320.080.830.82
0.880.730.680.930.670.830.530.50.780.550.810.750.770.80.9-0.90.50.930.020.530.880.590.230.830.85
0.890.510.610.690.920.970.420.860.880.670.890.680.770.540.86-0.670.760.880.430.420.770.08-0.050.910.91
0.670.630.570.910.420.610.60.380.670.690.680.870.80.540.63-0.890.510.790.130.620.620.590.220.670.67
0.960.770.720.860.740.910.570.590.870.470.90.70.90.860.63-0.870.610.950.020.560.940.520.260.940.95
-0.84-0.77-0.64-0.96-0.55-0.78-0.59-0.43-0.79-0.53-0.82-0.82-0.9-0.67-0.89-0.87-0.55-0.920.0-0.58-0.81-0.71-0.3-0.84-0.85
0.720.460.250.550.630.690.20.740.840.610.80.680.50.760.510.61-0.550.70.370.220.440.020.110.820.79
0.980.780.750.920.750.920.570.650.940.680.960.870.930.880.790.95-0.920.70.20.580.910.450.170.970.97
0.19-0.20.14-0.070.470.39-0.110.680.350.720.340.370.020.430.130.020.00.370.2-0.06-0.04-0.65-0.770.250.26
0.530.520.70.690.410.481.00.310.450.40.490.520.530.420.620.56-0.580.220.58-0.060.630.450.210.490.5
0.920.810.870.850.60.810.620.420.810.490.840.70.880.770.620.94-0.810.440.91-0.040.630.540.340.850.86
0.360.60.340.71-0.030.210.48-0.250.23-0.120.270.320.590.080.590.52-0.710.020.45-0.650.450.540.710.330.33
0.170.490.180.38-0.28-0.070.23-0.410.11-0.290.080.080.23-0.050.220.26-0.30.110.17-0.770.210.340.710.160.11
0.980.740.670.820.770.930.480.720.980.660.990.830.830.910.670.94-0.840.820.970.250.490.850.330.161.0
0.980.730.660.820.790.940.490.740.970.660.990.820.850.910.670.95-0.850.790.970.260.50.860.330.111.0
Click cells to compare fundamentals

Montrose Environmental Account Relationship Matchups

Montrose Environmental fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets331.8M602.7M833.1M791.9M816.8M1.4B
Other Current Liab47.8M84.1M63.9M32.2M45.1M65.0M
Total Current Liabilities73.3M111.5M147.7M111.4M126.3M117.2M
Total Stockholder Equity102.5M290.1M469.4M466.1M474.2M635.2M
Other Liab11.0M30.8M31.5M35.9M41.3M73.1M
Accounts Payable15.0M15.5M24.2M25.4M31.1M44.4M
Cash6.4M34.4M146.3M89.8M23.2M22.1M
Other Assets2.0M4.5M2.3M6.1M(1K)(950.0)
Long Term Debt145.0M170.3M161.8M152.5M149.0M141.5M
Other Current Assets3.6M4.7M5.5M6.7M8.1M7.7M
Total Liab229.3M312.7M363.7M325.8M342.6M325.5M
Intangible Assets102.5M154.9M161.0M142.1M140.8M133.8M
Property Plant Equipment27.0M34.4M64.0M71.9M82.7M161.1M
Good Will127.1M274.7M311.9M323.9M364.4M385.6M
Net Tangible Assets(255.9M)(292.4M)(156.4M)(152.8M)(175.7M)(184.5M)
Retained Earnings(64.4M)(122.4M)(147.7M)(179.5M)(210.4M)(199.8M)
Non Current Assets Total258.6M468.5M539.2M544.0M615.9M910.8M
Non Currrent Assets Other2.0M4.5M2.3M(18.1M)4.8M4.6M
Cash And Short Term Investments6.4M34.4M146.3M89.8M23.2M22.1M
Net Receivables60.7M92.7M139.2M147.8M164.0M154.6M
Long Term Debt Total145.0M170.3M167.6M159.0M143.1M135.9M
Liabilities And Stockholders Equity331.8M602.7M833.1M791.9M816.8M1.2B
Non Current Liabilities Total156.1M201.1M216.0M214.4M216.3M205.5M
Capital Surpluse38.2M259.4M464.1M492.7M566.6M594.9M
Inventory2.4M2.5M2.4M3.6M3.8M2.3M
Other Stockholder Equity38.2M259.4M464.1M492.7M531.8M330.2M
Total Current Assets73.2M134.3M293.9M247.9M200.9M234.8M
Non Current Liabilities Other379K7.1M4.5M4.5M9.0M8.6M
Accumulated Other Comprehensive Income(40K)71K36K8K(223K)(234.2K)
Short Term Debt7.1M5.6M31.7M35.4M42.0M44.1M
Short Long Term Debt Total152.2M175.9M205.8M202.1M210.3M186.9M
Property Plant And Equipment Net27.0M34.4M64.0M71.9M102.3M58.8M

Currently Active Assets on Macroaxis

When determining whether Montrose Environmental is a strong investment it is important to analyze Montrose Environmental'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 Montrose Environmental's future performance. For an informed investment choice regarding Montrose Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Montrose Environmental Grp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Environmental & Facilities Services 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 Montrose Environmental. If investors know Montrose 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 Montrose Environmental listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.48)
Revenue Per Share
21.013
Quarterly Revenue Growth
0.064
Return On Assets
(0.01)
Return On Equity
(0.07)
The market value of Montrose Environmental is measured differently than its book value, which is the value of Montrose that is recorded on the company's balance sheet. Investors also form their own opinion of Montrose Environmental's value that differs from its market value or its book value, called intrinsic value, which is Montrose Environmental'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 Montrose Environmental's market value can be influenced by many factors that don't directly affect Montrose Environmental'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 Montrose Environmental's value and its price as these two are different measures arrived at by different means. Investors typically determine if Montrose Environmental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Montrose Environmental'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.