MTY Free Cash Flow Yield vs Dividend Yield Analysis

MTY Stock

CAD 46.05 0.45 0.99%

MTY Food financial indicator trend analysis is infinitely more than just investigating MTY Food Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MTY Food Group is a good investment. Please check the relationship between MTY Food Free Cash Flow Yield and its Dividend Yield accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MTY Food Group. 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.

Free Cash Flow Yield vs Dividend Yield

Free Cash Flow Yield vs Dividend Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MTY Food Group Free Cash Flow Yield account and Dividend Yield. At this time, the significance of the direction appears to have strong relationship.

The correlation between MTY Food's Free Cash Flow Yield and Dividend Yield is 0.62. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of MTY Food Group, assuming nothing else is changed. The correlation between historical values of MTY Food's Free Cash Flow Yield and Dividend Yield 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 MTY Food Group are associated (or correlated) with its Dividend Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividend Yield has no effect on the direction of Free Cash Flow Yield i.e., MTY Food's Free Cash Flow Yield and Dividend Yield go up and down completely randomly.

Correlation Coefficient

0.62

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

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.

Dividend Yield

Dividend Yield is MTY Food Group dividend as a percentage of MTY Food stock price. MTY Food Group dividend yield is a measure of MTY Food stock productivity, which can be interpreted as interest rate earned on an MTY Food investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.

Most indicators from MTY Food's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MTY Food Group 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 MTY Food Group. 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, MTY Food's Selling General Administrative is very stable compared to the past year. As of the 23rd of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.04, while Tax Provision is likely to drop about 4.7 M.

	2021	2022	2023	2024 (projected)
Gross Profit	255.4M	341.0M	392.1M	411.7M
Total Revenue	716.5M	1.2B	1.3B	1.4B

Gross Profit Total Revenue

MTY Food fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Current Deferred Revenue
Total Assets		0.99	0.1	0.99	0.98	0.9	0.98	0.97	0.99	0.86	1.0	0.21	0.86	0.98	0.77	0.57	0.99	0.96	0.77	-0.02	1.0	0.89	0.99	0.89	0.98	0.89
Short Long Term Debt Total	0.99		0.0	0.98	0.93	0.93	1.0	0.93	0.97	0.82	0.98	0.24	0.82	0.99	0.7	0.53	1.0	0.97	0.79	0.02	1.0	0.93	0.99	0.94	0.94	0.89
Other Current Liab	0.1	0.0		0.15	0.18	-0.03	-0.01	0.13	0.14	0.2	0.1	-0.18	0.2	0.01	0.25	0.05	0.04	-0.01	-0.2	-0.02	0.06	-0.04	0.05	-0.08	0.21	-0.3
Total Current Liabilities	0.99	0.98	0.15		0.97	0.88	0.98	0.96	0.99	0.87	0.99	0.26	0.88	0.98	0.78	0.56	0.99	0.94	0.73	-0.08	0.99	0.88	0.99	0.91	0.97	0.86
Total Stockholder Equity	0.98	0.93	0.18	0.97		0.83	0.93	0.99	0.97	0.86	0.98	0.17	0.86	0.92	0.83	0.6	0.95	0.9	0.7	-0.05	0.96	0.83	0.95	0.8	0.99	0.86
Property Plant And Equipment Net	0.9	0.93	-0.03	0.88	0.83		0.93	0.87	0.88	0.71	0.89	-0.06	0.71	0.91	0.53	0.51	0.92	0.98	0.88	0.3	0.91	1.0	0.91	0.88	0.82	0.78
Net Debt	0.98	1.0	-0.01	0.98	0.93	0.93		0.93	0.97	0.8	0.98	0.24	0.8	0.99	0.7	0.52	1.0	0.97	0.79	0.03	0.99	0.93	0.98	0.94	0.93	0.89
Retained Earnings	0.97	0.93	0.13	0.96	0.99	0.87	0.93		0.97	0.88	0.97	0.09	0.88	0.92	0.79	0.67	0.95	0.93	0.78	-0.02	0.96	0.87	0.95	0.81	0.97	0.87
Accounts Payable	0.99	0.97	0.14	0.99	0.97	0.88	0.97	0.97		0.88	0.99	0.22	0.88	0.98	0.79	0.56	0.98	0.95	0.71	-0.05	0.99	0.88	0.99	0.89	0.97	0.85
Cash	0.86	0.82	0.2	0.87	0.86	0.71	0.8	0.88	0.88		0.85	0.19	1.0	0.83	0.74	0.62	0.84	0.8	0.62	-0.26	0.85	0.71	0.89	0.71	0.87	0.76
Non Current Assets Total	1.0	0.98	0.1	0.99	0.98	0.89	0.98	0.97	0.99	0.85		0.21	0.86	0.97	0.77	0.57	0.99	0.95	0.77	-0.01	1.0	0.89	0.98	0.88	0.98	0.89
Non Currrent Assets Other	0.21	0.24	-0.18	0.26	0.17	-0.06	0.24	0.09	0.22	0.19	0.21		0.19	0.31	0.32	0.01	0.21	0.05	-0.19	-0.76	0.23	-0.06	0.25	0.42	0.18	0.26
Cash And Short Term Investments	0.86	0.82	0.2	0.88	0.86	0.71	0.8	0.88	0.88	1.0	0.86	0.19		0.83	0.74	0.62	0.84	0.8	0.62	-0.26	0.85	0.71	0.89	0.71	0.87	0.76
Net Receivables	0.98	0.99	0.01	0.98	0.92	0.91	0.99	0.92	0.98	0.83	0.97	0.31	0.83		0.72	0.54	0.98	0.96	0.74	-0.06	0.98	0.91	0.99	0.97	0.92	0.86
Common Stock Shares Outstanding	0.77	0.7	0.25	0.78	0.83	0.53	0.7	0.79	0.79	0.74	0.77	0.32	0.74	0.72		0.44	0.73	0.63	0.38	-0.31	0.74	0.52	0.74	0.61	0.81	0.65
Short Term Investments	0.57	0.53	0.05	0.56	0.6	0.51	0.52	0.67	0.56	0.62	0.57	0.01	0.62	0.54	0.44		0.54	0.54	0.54	-0.18	0.55	0.51	0.58	0.47	0.57	0.53
Non Current Liabilities Total	0.99	1.0	0.04	0.99	0.95	0.92	1.0	0.95	0.98	0.84	0.99	0.21	0.84	0.98	0.73	0.54		0.97	0.8	0.02	1.0	0.92	0.99	0.91	0.96	0.9
Inventory	0.96	0.97	-0.01	0.94	0.9	0.98	0.97	0.93	0.95	0.8	0.95	0.05	0.8	0.96	0.63	0.54	0.97		0.84	0.17	0.97	0.98	0.97	0.9	0.9	0.85
Other Current Assets	0.77	0.79	-0.2	0.73	0.7	0.88	0.79	0.78	0.71	0.62	0.77	-0.19	0.62	0.74	0.38	0.54	0.8	0.84		0.3	0.78	0.88	0.76	0.67	0.71	0.82
Other Stockholder Equity	-0.02	0.02	-0.02	-0.08	-0.05	0.3	0.03	-0.02	-0.05	-0.26	-0.01	-0.76	-0.26	-0.06	-0.31	-0.18	0.02	0.17	0.3		-0.01	0.3	-0.06	-0.08	-0.05	-0.09
Total Liab	1.0	1.0	0.06	0.99	0.96	0.91	0.99	0.96	0.99	0.85	1.0	0.23	0.85	0.98	0.74	0.55	1.0	0.97	0.78	-0.01		0.91	0.99	0.91	0.97	0.89
Property Plant And Equipment Gross	0.89	0.93	-0.04	0.88	0.83	1.0	0.93	0.87	0.88	0.71	0.89	-0.06	0.71	0.91	0.52	0.51	0.92	0.98	0.88	0.3	0.91		0.91	0.87	0.82	0.79
Total Current Assets	0.99	0.99	0.05	0.99	0.95	0.91	0.98	0.95	0.99	0.89	0.98	0.25	0.89	0.99	0.74	0.58	0.99	0.97	0.76	-0.06	0.99	0.91		0.93	0.95	0.88
Short Term Debt	0.89	0.94	-0.08	0.91	0.8	0.88	0.94	0.81	0.89	0.71	0.88	0.42	0.71	0.97	0.61	0.47	0.91	0.9	0.67	-0.08	0.91	0.87	0.93		0.8	0.78
Intangible Assets	0.98	0.94	0.21	0.97	0.99	0.82	0.93	0.97	0.97	0.87	0.98	0.18	0.87	0.92	0.81	0.57	0.96	0.9	0.71	-0.05	0.97	0.82	0.95	0.8		0.86
Current Deferred Revenue	0.89	0.89	-0.3	0.86	0.86	0.78	0.89	0.87	0.85	0.76	0.89	0.26	0.76	0.86	0.65	0.53	0.9	0.85	0.82	-0.09	0.89	0.79	0.88	0.78	0.86

Click cells to compare fundamentals

MTY Food Account Relationship Matchups

MTY Food fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.0B	1.9B	2.3B	2.7B	3.1B	3.2B
Short Long Term Debt Total	1.0B	834.3M	1.1B	1.3B	1.5B	1.6B
Other Current Liab	21.4M	5.9M	138.8M	7.3M	8.4M	8.0M
Total Current Liabilities	369.6M	358.5M	435.5M	440.6M	506.7M	532.0M
Total Stockholder Equity	581.8M	647.6M	723.4M	811.4M	933.1M	979.8M
Property Plant And Equipment Net	85.8M	77.5M	250.6M	294.5M	338.7M	355.6M
Net Debt	975.0M	773.0M	1.0B	1.2B	1.4B	1.5B
Retained Earnings	286.5M	360.0M	402.9M	479.4M	551.3M	578.8M
Accounts Payable	111.4M	119.5M	155.0M	147.6M	169.7M	178.2M
Cash	44.3M	61.2M	59.5M	58.9M	67.7M	71.1M
Non Current Assets Total	1.8B	1.7B	2.1B	2.4B	2.8B	2.9B
Non Currrent Assets Other	9.1M	386.2M	318.9M	(118.0K)	(135.7K)	(128.9K)
Cash And Short Term Investments	44.3M	61.2M	59.5M	58.9M	67.7M	71.1M
Net Receivables	148.1M	151.4M	166.7M	176.6M	203.1M	213.3M
Common Stock Shares Outstanding	24.8M	24.7M	24.5M	24.5M	28.1M	20.8M
Liabilities And Stockholders Equity	2.0B	1.9B	2.3B	2.7B	3.1B	3.2B
Non Current Liabilities Total	1.1B	897.2M	1.2B	1.4B	1.6B	1.7B
Inventory	9.4M	10.7M	18.5M	20.7M	23.8M	25.0M
Other Current Assets	2.8M	2.4M	3.3M	24.8M	28.5M	30.0M
Other Stockholder Equity	(14.2M)	(22.2M)	4.9M	5.6M	5.1M	4.9M
Total Liab	1.4B	1.3B	1.6B	1.9B	2.1B	2.3B
Property Plant And Equipment Gross	85.8M	94.9M	273.1M	331.9M	381.7M	400.8M
Total Current Assets	211.4M	233.5M	264.7M	281.1M	323.2M	339.4M
Accumulated Other Comprehensive Income	(11.2M)	(18.3M)	12.9M	24.6M	28.3M	29.7M
Short Term Debt	127.8M	115.1M	124.0M	122.9M	141.3M	148.4M
Intangible Assets	864.0M	820.3M	1.0B	1.1B	1.3B	1.3B
Current Deferred Revenue	109.0M	118.0M	17.8M	162.9M	187.3M	196.7M
Good Will	439.5M	428.4M	529.5M	719.2M	827.1M	868.4M
Common Stock	306.4M	306.0M	302.8M	301.8M	347.0M	183.5M
Other Liab	196.4M	170.1M	178.0M	213.4M	245.4M	128.2M
Net Tangible Assets	(803.5M)	(721.7M)	(601.0M)	(821.4M)	(739.3M)	(702.3M)
Other Assets	9.4M	386.4M	319.1M	224K	257.6K	244.7K
Long Term Debt	447.7M	347.6M	551.4M	756.9M	870.5M	914.0M
Short Long Term Debt	12.9M	13.1M	9.5M	10.4M	9.4M	7.9M
Property Plant Equipment	21.4M	85.8M	77.5M	250.6M	288.2M	302.6M
Long Term Debt Total	536.1M	891.5M	719.2M	951.8M	1.1B	1.1B
Capital Surpluse	2.1M	3.0M	3.9M	4.9M	5.6M	5.9M
Net Invested Capital	1.0B	1.0B	1.3B	1.6B	1.8B	1.2B

Pair Trading with MTY Food

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 MTY Food 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 MTY Food will appreciate offsetting losses from the drop in the long position's value.

Moving together with MTY Stock

0.7

CEF

Sprott Physical Gold

Pair Corr

Moving against MTY Stock

0.7	SLF-PG	Sun Life Non	Pair Corr
0.44	MFC-PC	Manulife Finl Srs	Pair Corr
0.4	SLF-PD	Sun Life Financial	Pair Corr
0.32	SLF-PC	Sun Life Financial	Pair Corr

The ability to find closely correlated positions to MTY Food could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MTY Food 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 MTY Food - 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 MTY Food Group to buy it.

The correlation of MTY Food 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 MTY Food moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MTY Food Group 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 MTY Food 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.

Pair Correlation Correlation Matching

Other Information on Investing in MTY Stock

Balance Sheet is a snapshot of the financial position of MTY Food Group at a specified time, usually calculated after every quarter, six months, or one year. MTY Food Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of MTY Food and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which MTY currently owns. An asset can also be divided into two categories, current and non-current.

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MTY Free Cash Flow Yield vs Dividend Yield Analysis

Free Cash Flow Yield vs Dividend Yield

Free Cash Flow Yield vs Dividend Yield Correlation Analysis

Correlation Coefficient

Free Cash Flow Yield

Dividend Yield

MTY Food fundamental ratios Correlations

MTY Food Account Relationship Matchups

High Positive Relationship

High Negative Relationship

MTY Food fundamental ratios Accounts

Pair Trading with MTY Food

Moving together with MTY Stock

Moving against MTY Stock

Other Information on Investing in MTY Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net

Other Stockholder Equity	- 0.76	Non Currrent Assets Other
Other Stockholder Equity	- 0.31	Common Stock Shares Outstanding
Current Deferred Revenue	- 0.3	Other Current Liab
Other Stockholder Equity	- 0.26	Cash And Short Term Investments
Other Stockholder Equity	- 0.26	Cash
Other Current Assets	- 0.2	Other Current Liab