Nice Free Cash Flow Yield vs Ev To Free Cash Flow Analysis

NICE Stock

USD 179.84 2.67 1.46%

Nice financial indicator trend analysis is infinitely more than just investigating Nice Ltd ADR recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nice Ltd ADR is a good investment. Please check the relationship between Nice Free Cash Flow Yield and its Ev To Free Cash Flow accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nice Ltd ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Free Cash Flow Yield vs Ev To Free Cash Flow

Free Cash Flow Yield vs Ev To Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nice Ltd ADR Free Cash Flow Yield account and Ev To Free Cash Flow. At this time, the significance of the direction appears to have weak relationship.

The correlation between Nice's Free Cash Flow Yield and Ev To Free Cash Flow is 0.3. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Ev To Free Cash Flow in the same time period over historical financial statements of Nice Ltd ADR, assuming nothing else is changed. The correlation between historical values of Nice's Free Cash Flow Yield and Ev To Free Cash Flow 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 Nice Ltd ADR are associated (or correlated) with its Ev To Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Free Cash Flow has no effect on the direction of Free Cash Flow Yield i.e., Nice's Free Cash Flow Yield and Ev To Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.3

Relationship Direction	Positive
Relationship Strength	Very Weak

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.

Ev To Free Cash Flow

A valuation metric comparing the company's enterprise value to its free cash flow, used to evaluate whether a company is undervalued or overvalued.

Most indicators from Nice's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nice Ltd ADR 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 Nice Ltd ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

At present, Nice's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.12, whereas Discontinued Operations is projected to grow to (6.7 M).

	2021	2022	2023	2024 (projected)
Gross Profit	1.3B	1.5B	1.6B	1.7B
Total Revenue	1.9B	2.2B	2.4B	2.5B

Gross Profit Total Revenue

Nice fundamental ratios Correlations

	Total Assets	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	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Long Term Debt Total	Short Term Debt	Common Stock Total Equity	Short Term Investments	Common Stock
Total Assets		0.87	0.98	0.99	0.97	0.77	0.98	0.91	0.9	0.94	0.93	0.91	0.94	0.53	0.87	0.65	0.8	0.7	0.98	0.82	0.94	0.79	0.37	0.56	0.86	0.59
Other Current Liab	0.87		0.88	0.86	0.89	0.75	0.87	0.81	0.77	0.75	0.92	0.86	0.82	0.3	0.74	0.68	0.84	0.51	0.87	0.78	0.88	0.49	0.04	0.31	0.86	0.34
Total Current Liabilities	0.98	0.88		0.97	0.94	0.74	0.95	0.87	0.9	0.85	0.96	0.96	0.91	0.51	0.78	0.77	0.89	0.71	0.96	0.78	0.98	0.78	0.45	0.52	0.94	0.55
Total Stockholder Equity	0.99	0.86	0.97		0.95	0.69	0.98	0.93	0.92	0.92	0.93	0.91	0.96	0.54	0.81	0.63	0.8	0.7	0.96	0.85	0.94	0.77	0.38	0.57	0.86	0.61
Property Plant And Equipment Net	0.97	0.89	0.94	0.95		0.82	0.96	0.88	0.84	0.91	0.94	0.87	0.89	0.38	0.87	0.61	0.76	0.6	0.96	0.83	0.9	0.69	0.22	0.43	0.85	0.46
Net Debt	0.77	0.75	0.74	0.69	0.82		0.72	0.61	0.49	0.78	0.71	0.63	0.6	0.19	0.91	0.62	0.61	0.44	0.86	0.55	0.66	0.58	0.11	0.26	0.65	0.28
Retained Earnings	0.98	0.87	0.95	0.98	0.96	0.72		0.94	0.91	0.88	0.94	0.91	0.96	0.38	0.82	0.62	0.82	0.56	0.94	0.9	0.95	0.68	0.29	0.43	0.87	0.47
Accounts Payable	0.91	0.81	0.87	0.93	0.88	0.61	0.94		0.85	0.83	0.87	0.83	0.96	0.39	0.74	0.48	0.75	0.53	0.86	0.92	0.88	0.6	0.23	0.41	0.78	0.45
Cash	0.9	0.77	0.9	0.92	0.84	0.49	0.91	0.85		0.77	0.85	0.92	0.88	0.47	0.67	0.57	0.77	0.62	0.85	0.77	0.92	0.71	0.44	0.49	0.84	0.53
Non Current Assets Total	0.94	0.75	0.85	0.92	0.91	0.78	0.88	0.83	0.77		0.76	0.71	0.86	0.6	0.93	0.45	0.57	0.72	0.94	0.74	0.76	0.8	0.28	0.65	0.65	0.68
Non Currrent Assets Other	0.93	0.92	0.96	0.93	0.94	0.71	0.94	0.87	0.85	0.76		0.95	0.9	0.32	0.71	0.76	0.92	0.56	0.9	0.81	0.97	0.63	0.31	0.33	0.95	0.37
Cash And Short Term Investments	0.91	0.86	0.96	0.91	0.87	0.63	0.91	0.83	0.92	0.71	0.95		0.85	0.37	0.66	0.78	0.91	0.59	0.88	0.75	0.99	0.67	0.44	0.37	0.99	0.4
Net Receivables	0.94	0.82	0.91	0.96	0.89	0.6	0.96	0.96	0.88	0.86	0.9	0.85		0.45	0.74	0.54	0.78	0.58	0.88	0.9	0.91	0.64	0.26	0.49	0.8	0.53
Common Stock Shares Outstanding	0.53	0.3	0.51	0.54	0.38	0.19	0.38	0.39	0.47	0.6	0.32	0.37	0.45		0.39	0.24	0.23	0.93	0.48	0.18	0.39	0.79	0.53	0.96	0.3	0.96
Non Current Liabilities Total	0.87	0.74	0.78	0.81	0.87	0.91	0.82	0.74	0.67	0.93	0.71	0.66	0.74	0.39		0.45	0.55	0.58	0.93	0.64	0.7	0.71	0.16	0.47	0.62	0.5
Inventory	0.65	0.68	0.77	0.63	0.61	0.62	0.62	0.48	0.57	0.45	0.76	0.78	0.54	0.24	0.45		0.9	0.46	0.67	0.45	0.77	0.55	0.53	0.22	0.82	0.24
Other Current Assets	0.8	0.84	0.89	0.8	0.76	0.61	0.82	0.75	0.77	0.57	0.92	0.91	0.78	0.23	0.55	0.9		0.46	0.78	0.7	0.93	0.54	0.41	0.22	0.93	0.25
Other Stockholder Equity	0.7	0.51	0.71	0.7	0.6	0.44	0.56	0.53	0.62	0.72	0.56	0.59	0.58	0.93	0.58	0.46	0.46		0.69	0.3	0.6	0.91	0.58	0.93	0.55	0.93
Total Liab	0.98	0.87	0.96	0.96	0.96	0.86	0.94	0.86	0.85	0.94	0.9	0.88	0.88	0.48	0.93	0.67	0.78	0.69		0.76	0.91	0.79	0.34	0.53	0.85	0.56
Property Plant And Equipment Gross	0.82	0.78	0.78	0.85	0.83	0.55	0.9	0.92	0.77	0.74	0.81	0.75	0.9	0.18	0.64	0.45	0.7	0.3	0.76		0.81	0.41	0.09	0.23	0.71	0.28
Total Current Assets	0.94	0.88	0.98	0.94	0.9	0.66	0.95	0.88	0.92	0.76	0.97	0.99	0.91	0.39	0.7	0.77	0.93	0.6	0.91	0.81		0.68	0.42	0.4	0.97	0.43
Short Long Term Debt Total	0.79	0.49	0.78	0.77	0.69	0.58	0.68	0.6	0.71	0.8	0.63	0.67	0.64	0.79	0.71	0.55	0.54	0.91	0.79	0.41	0.68		0.73	0.82	0.63	0.83
Short Term Debt	0.37	0.04	0.45	0.38	0.22	0.11	0.29	0.23	0.44	0.28	0.31	0.44	0.26	0.53	0.16	0.53	0.41	0.58	0.34	0.09	0.42	0.73		0.49	0.42	0.5
Common Stock Total Equity	0.56	0.31	0.52	0.57	0.43	0.26	0.43	0.41	0.49	0.65	0.33	0.37	0.49	0.96	0.47	0.22	0.22	0.93	0.53	0.23	0.4	0.82	0.49		0.3	1.0
Short Term Investments	0.86	0.86	0.94	0.86	0.85	0.65	0.87	0.78	0.84	0.65	0.95	0.99	0.8	0.3	0.62	0.82	0.93	0.55	0.85	0.71	0.97	0.63	0.42	0.3		0.33
Common Stock	0.59	0.34	0.55	0.61	0.46	0.28	0.47	0.45	0.53	0.68	0.37	0.4	0.53	0.96	0.5	0.24	0.25	0.93	0.56	0.28	0.43	0.83	0.5	1.0	0.33

Click cells to compare fundamentals

Nice Account Relationship Matchups

High Positive Relationship

Common Stock	+ 1.0	Common Stock Total Equity
Total Stockholder Equity	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Cash And Short Term Investments
Short Term Investments	+ 0.99	Cash And Short Term Investments
Total Current Liabilities	+ 0.98	Total Assets
Retained Earnings	+ 0.98	Total Assets

High Negative Relationship

Not Found

Nice fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.6B	4.2B	4.7B	4.9B	5.1B	5.4B
Other Current Liab	391.7M	417.2M	487.5M	523.5M	528.7M	555.1M
Total Current Liabilities	689.4M	1.0B	1.2B	1.1B	1.1B	1.2B
Total Stockholder Equity	2.3B	2.6B	2.8B	3.0B	3.3B	3.5B
Property Plant And Equipment Net	247.8M	234.9M	230.7M	262.2M	279.0M	292.9M
Net Debt	361.6M	353.6M	499.9M	247.9M	271.2M	284.7M
Retained Earnings	1.3B	1.5B	1.7B	1.9B	2.3B	2.4B
Accounts Payable	30.4M	33.1M	36.1M	56.0M	66.0M	69.3M
Cash	228.3M	442.3M	378.7M	529.6M	511.8M	537.4M
Non Current Assets Total	2.7B	2.3B	2.4B	2.4B	2.8B	2.9B
Non Currrent Assets Other	124.0M	153.7M	224.4M	231.5M	219.3M	230.3M
Cash And Short Term Investments	439.1M	1.5B	1.4B	1.6B	1.4B	1.5B
Net Receivables	319.6M	308.9M	395.6M	519.4M	585.2M	614.4M
Common Stock Shares Outstanding	64.7M	66.0M	66.9M	66.5M	66.3M	53.5M
Liabilities And Stockholders Equity	3.6B	4.2B	4.7B	4.9B	5.1B	5.4B
Non Current Liabilities Total	663.3M	600.0M	602.9M	656.5M	642.8M	675.0M
Inventory	3.4M	168.3M	427.1M	122.3M	140.7M	147.7M
Other Current Assets	4.2M	175.3M	477.5M	326.2M	319.9M	335.9M
Other Stockholder Equity	1.0B	1.1B	1.2B	1.2B	1.1B	703.3M
Total Liab	1.4B	1.6B	1.8B	1.8B	1.8B	1.9B
Property Plant And Equipment Gross	247.8M	234.9M	230.7M	262.2M	708.7M	744.1M
Total Current Assets	875.7M	1.9B	2.3B	2.4B	2.3B	2.4B
Accumulated Other Comprehensive Income	(33.3M)	(16.7M)	(39.7M)	(111.3M)	(59.1M)	(56.2M)
Short Long Term Debt Total	589.9M	795.9M	878.5M	777.5M	783.0M	537.4M
Short Term Debt	21.5M	282.3M	415.5M	222.8M	223.0M	181.5M
Short Term Investments	210.8M	1.0B	1.0B	1.0B	896.0M	940.8M
Other Liab	109.9M	94.9M	86.4M	92.4M	106.3M	111.6M
Other Assets	86.4M	154.5M	186.4M	273.3M	314.3M	330.1M
Good Will	1.4B	1.5B	1.6B	1.6B	1.8B	1.9B
Intangible Assets	411.0M	366.0M	295.4M	209.6M	305.5M	228.5M
Property Plant Equipment	87.5M	184.2M	164.8M	230.7M	265.3M	278.6M
Current Deferred Revenue	245.8M	311.9M	330.5M	338.9M	302.6M	213.1M
Net Tangible Assets	89.3M	404.2M	624.5M	923.0M	1.1B	1.1B
Long Term Debt	213.3M	421.3M	429.3M	455.4M	457.1M	338.6M
Deferred Long Term Liab	57.7M	79.3M	94.1M	138.3M	159.1M	94.0M

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When determining whether Nice Ltd ADR is a strong investment it is important to analyze Nice'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 Nice's future performance. For an informed investment choice regarding Nice Stock, refer to the following important reports:

How To Invest In Nice

Details

Is Nice Stock a good investment?

Details

What is Nice's Net Worth?

Details

Largest Application Software Companies

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Largest Software - Application Companies

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nice Ltd ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

Is Application Software 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 Nice. If investors know Nice 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 Nice listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.344

Earnings Share

6.47

Revenue Per Share

1.6083

Quarterly Revenue Growth

0.143

Return On Assets

0.0606

The market value of Nice Ltd ADR is measured differently than its book value, which is the value of Nice that is recorded on the company's balance sheet. Investors also form their own opinion of Nice's value that differs from its market value or its book value, called intrinsic value, which is Nice'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 Nice's market value can be influenced by many factors that don't directly affect Nice'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 Nice's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nice is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nice'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.

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Nice Free Cash Flow Yield vs Ev To Free Cash Flow Analysis

Free Cash Flow Yield vs Ev To Free Cash Flow

Free Cash Flow Yield vs Ev To Free Cash Flow Correlation Analysis

Correlation Coefficient

Free Cash Flow Yield

Ev To Free Cash Flow

Nice fundamental ratios Correlations

Nice Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Nice fundamental ratios Accounts

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