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

NTIC Stock

USD 13.57 0.42 3.00%

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

For information on how to trade Northern Stock refer to our How to Trade Northern Stock guide.

Ev To Free Cash Flow vs Free Cash Flow Yield

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

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Northern Technologies Ev To Free Cash Flow account and Free Cash Flow Yield. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Northern Technologies' Ev To Free Cash Flow and Free Cash Flow Yield is 0.18. Overlapping area represents the amount of variation of Ev To Free Cash Flow that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Northern Technologies, assuming nothing else is changed. The correlation between historical values of Northern Technologies' Ev To Free Cash Flow and Free Cash Flow 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 Ev To Free Cash Flow of Northern Technologies are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Ev To Free Cash Flow i.e., Northern Technologies' Ev To Free Cash Flow and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

0.18

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

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.

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.

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

For information on how to trade Northern Stock refer to our How to Trade Northern Stock guide.At present, Northern Technologies' 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 0.23, whereas Enterprise Value Over EBITDA is forecasted to decline to 0.25.

	2021	2022	2023	2024 (projected)
Gross Profit	23.1M	27.8M	33.8M	35.5M
Total Revenue	74.2M	79.9M	85.1M	89.3M

Gross Profit Total Revenue

Northern Technologies 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	Total Current Assets	Property Plant And Equipment Gross	Common Stock Total Equity	Common Stock	Other Liab	Other Assets	Property Plant Equipment
Total Assets		0.42	0.66	0.5	1.0	0.64	0.46	0.52	-0.09	1.0	0.65	-0.24	0.66	0.15	1.0	0.5	-0.05	0.63	1.0	0.51	0.9	0.23	0.19	0.34	0.72	0.63
Other Current Liab	0.42		0.77	0.83	0.42	0.2	0.83	0.8	0.51	0.42	0.28	0.32	0.84	0.81	0.42	0.79	0.52	0.81	0.42	0.86	0.67	0.57	0.59	0.57	0.56	0.79
Total Current Liabilities	0.66	0.77		0.83	0.66	0.67	0.82	0.96	0.32	0.66	0.24	-0.05	0.97	0.68	0.66	0.91	0.41	0.92	0.66	0.89	0.89	0.63	0.63	0.5	0.94	0.92
Total Stockholder Equity	0.5	0.83	0.83		0.5	0.24	1.0	0.87	0.6	0.5	0.24	0.4	0.9	0.85	0.5	0.93	0.4	0.96	0.5	0.96	0.78	0.58	0.59	0.85	0.64	0.92
Property Plant And Equipment Net	1.0	0.42	0.66	0.5		0.64	0.46	0.52	-0.09	1.0	0.65	-0.24	0.66	0.15	1.0	0.5	-0.05	0.63	1.0	0.51	0.9	0.23	0.19	0.34	0.72	0.63
Net Debt	0.64	0.2	0.67	0.24	0.64		0.22	0.51	-0.43	0.64	0.26	-0.63	0.53	0.06	0.64	0.39	0.26	0.43	0.64	0.31	0.64	0.17	0.15	0.02	0.86	0.46
Retained Earnings	0.46	0.83	0.82	1.0	0.46	0.22		0.88	0.61	0.46	0.19	0.42	0.9	0.86	0.46	0.94	0.4	0.95	0.46	0.97	0.75	0.59	0.6	0.84	0.62	0.9
Accounts Payable	0.52	0.8	0.96	0.87	0.52	0.51	0.88		0.44	0.52	0.05	0.1	0.95	0.78	0.52	0.97	0.43	0.92	0.52	0.94	0.8	0.68	0.69	0.56	0.85	0.91
Cash	-0.09	0.51	0.32	0.6	-0.09	-0.43	0.61	0.44		-0.09	-0.1	0.68	0.42	0.66	-0.09	0.53	0.11	0.51	-0.09	0.59	0.19	0.63	0.65	0.5	0.06	0.45
Non Current Assets Total	1.0	0.42	0.66	0.5	1.0	0.64	0.46	0.52	-0.09		0.65	-0.24	0.66	0.15	1.0	0.5	-0.05	0.63	1.0	0.51	0.9	0.23	0.19	0.34	0.72	0.63
Non Currrent Assets Other	0.65	0.28	0.24	0.24	0.65	0.26	0.19	0.05	-0.1	0.65		-0.1	0.34	-0.01	0.65	0.07	-0.16	0.33	0.65	0.19	0.53	0.03	0.0	0.19	0.27	0.28
Cash And Short Term Investments	-0.24	0.32	-0.05	0.4	-0.24	-0.63	0.42	0.1	0.68	-0.24	-0.1		0.09	0.34	-0.24	0.26	0.14	0.23	-0.24	0.38	-0.09	0.27	0.29	0.44	-0.29	0.1
Net Receivables	0.66	0.84	0.97	0.9	0.66	0.53	0.9	0.95	0.42	0.66	0.34	0.09		0.76	0.66	0.93	0.39	0.96	0.66	0.95	0.9	0.64	0.65	0.59	0.86	0.95
Common Stock Shares Outstanding	0.15	0.81	0.68	0.85	0.15	0.06	0.86	0.78	0.66	0.15	-0.01	0.34	0.76		0.15	0.81	0.54	0.79	0.15	0.83	0.53	0.63	0.65	0.64	0.45	0.82
Non Current Liabilities Total	1.0	0.42	0.66	0.5	1.0	0.64	0.46	0.52	-0.09	1.0	0.65	-0.24	0.66	0.15		0.5	-0.05	0.63	1.0	0.51	0.9	0.23	0.19	0.34	0.72	0.63
Inventory	0.5	0.79	0.91	0.93	0.5	0.39	0.94	0.97	0.53	0.5	0.07	0.26	0.93	0.81	0.5		0.36	0.96	0.5	0.97	0.79	0.7	0.72	0.65	0.77	0.93
Other Current Assets	-0.05	0.52	0.41	0.4	-0.05	0.26	0.4	0.43	0.11	-0.05	-0.16	0.14	0.39	0.54	-0.05	0.36		0.33	-0.05	0.41	0.17	0.31	0.31	0.32	0.31	0.35
Other Stockholder Equity	0.63	0.81	0.92	0.96	0.63	0.43	0.95	0.92	0.51	0.63	0.33	0.23	0.96	0.79	0.63	0.96	0.33		0.63	0.96	0.89	0.65	0.66	0.71	0.79	0.97
Total Liab	1.0	0.42	0.66	0.5	1.0	0.64	0.46	0.52	-0.09	1.0	0.65	-0.24	0.66	0.15	1.0	0.5	-0.05	0.63		0.51	0.9	0.23	0.19	0.34	0.72	0.63
Total Current Assets	0.51	0.86	0.89	0.96	0.51	0.31	0.97	0.94	0.59	0.51	0.19	0.38	0.95	0.83	0.51	0.97	0.41	0.96	0.51		0.79	0.69	0.7	0.69	0.71	0.92
Property Plant And Equipment Gross	0.9	0.67	0.89	0.78	0.9	0.64	0.75	0.8	0.19	0.9	0.53	-0.09	0.9	0.53	0.9	0.79	0.17	0.89	0.9	0.79		0.48	0.46	0.53	0.87	0.9
Common Stock Total Equity	0.23	0.57	0.63	0.58	0.23	0.17	0.59	0.68	0.63	0.23	0.03	0.27	0.64	0.63	0.23	0.7	0.31	0.65	0.23	0.69	0.48		0.99	0.21	0.5	0.61
Common Stock	0.19	0.59	0.63	0.59	0.19	0.15	0.6	0.69	0.65	0.19	0.0	0.29	0.65	0.65	0.19	0.72	0.31	0.66	0.19	0.7	0.46	0.99		0.2	0.5	0.61
Other Liab	0.34	0.57	0.5	0.85	0.34	0.02	0.84	0.56	0.5	0.34	0.19	0.44	0.59	0.64	0.34	0.65	0.32	0.71	0.34	0.69	0.53	0.21	0.2		0.32	0.65
Other Assets	0.72	0.56	0.94	0.64	0.72	0.86	0.62	0.85	0.06	0.72	0.27	-0.29	0.86	0.45	0.72	0.77	0.31	0.79	0.72	0.71	0.87	0.5	0.5	0.32		0.81
Property Plant Equipment	0.63	0.79	0.92	0.92	0.63	0.46	0.9	0.91	0.45	0.63	0.28	0.1	0.95	0.82	0.63	0.93	0.35	0.97	0.63	0.92	0.9	0.61	0.61	0.65	0.81

Click cells to compare fundamentals

Northern Technologies Account Relationship Matchups

Northern Technologies fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	66.1M	74.4M	86.2M	89.3M	94.7B	99.4B
Other Current Liab	2.2M	3.8M	3.0M	4.0M	3.7M	3.9M
Total Current Liabilities	6.1M	8.5M	17.1M	16.7M	17.9M	18.8M
Total Stockholder Equity	56.7M	62.4M	63.6M	66.4M	71.2M	74.8M
Property Plant And Equipment Net	7.8M	12.2M	12.7M	14.5M	16.7B	17.5B
Net Debt	(5.7M)	(7.3M)	1.1M	1.4M	2.6M	2.7M
Retained Earnings	42.5M	47.0M	50.7M	51.0M	53.8M	56.5M
Accounts Payable	3.2M	4.3M	7.8M	6.1M	6.4M	6.7M
Cash	6.4M	7.7M	5.3M	5.4M	5.0M	3.2M
Non Current Assets Total	32.9M	40.6M	46.0M	49.7M	53.1B	55.8B
Cash And Short Term Investments	11.9M	7.7M	5.3M	5.4M	5.0M	4.3M
Net Receivables	9.5M	13.6M	16.6M	19.1M	20.8M	21.9M
Common Stock Shares Outstanding	9.1M	9.9M	9.6M	9.7M	9.5M	9.3M
Liabilities And Stockholders Equity	66.1M	74.4M	86.2M	89.3M	94.7M	99.4M
Non Current Liabilities Total	272.4K	104.1K	1.9M	1.9M	1.6B	1.7B
Inventory	11.0M	11.1M	16.3M	13.1M	14.4M	15.1M
Other Current Assets	797.5K	1.3M	2.0M	2.0M	1.4M	748.7K
Other Stockholder Equity	17.4M	18.7M	19.9M	22.0M	23.6M	24.8M
Total Liab	6.4M	8.6M	18.9M	18.6M	19.5B	20.5B
Total Current Assets	33.2M	33.7M	40.2M	39.7M	41.6M	43.7M
Property Plant And Equipment Gross	7.8M	12.2M	12.7M	14.5M	26.8M	28.1M
Accumulated Other Comprehensive Income	(3.4M)	(3.5M)	(7.2M)	(6.8M)	(6.4M)	(6.1M)
Common Stock Total Equity	181.7K	182K	183.7K	184.7K	212.3K	108.5K
Common Stock	182K	183.7K	184.7K	188.5K	189.3K	116.2K
Other Assets	1.6M	209.7K	92.6K	41.5B	47.8B	50.2B
Property Plant Equipment	7.4M	7.1M	12.2M	12.2M	14.0M	14.7M
Short Term Investments	5.5M	4.6K	5.6K	23.7B	27.2B	28.6B
Good Will	1.0M	802.0K	0.0	4.8M	4.8B	5.0B
Intangible Assets	802.0K	709.6K	6.6M	6.2M	5.7B	6.0B
Net Tangible Assets	56.6M	56.7M	61.7M	52.2M	60.0M	53.6M
Noncontrolling Interest In Consolidated Entity	3.1M	3.0M	3.4M	3.6M	4.2M	3.2M
Retained Earnings Total Equity	45.0M	42.5M	47.0M	50.7M	58.3M	41.9M
Capital Surpluse	16.0M	17.4M	18.7M	19.9M	22.9M	16.4M

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When determining whether Northern Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Northern Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Northern Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Northern Technologies Stock:

How To Invest In Northern

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Is Northern Stock a good investment?

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What is Northern Technologies' Net Worth?

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Largest Specialty Chemicals Companies

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Largest Basic Materials Companies

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

For information on how to trade Northern Stock refer to our How to Trade Northern Stock guide.

You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

Is Specialty Chemicals 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 Northern Technologies. If investors know Northern 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 Northern Technologies 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

(0.09)

Earnings Share

0.55

Revenue Per Share

8.752

Quarterly Revenue Growth

(0.01)

Return On Assets

0.0079

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

Ev To Free Cash Flow vs Free Cash Flow Yield

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

Correlation Coefficient

Ev To Free Cash Flow

Free Cash Flow Yield

Northern Technologies fundamental ratios Correlations

Northern Technologies Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Northern Technologies fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net

Cash And Short Term Investments	- 0.63	Net Debt
Cash	- 0.43	Net Debt
Other Assets	- 0.29	Cash And Short Term Investments
Total Liab	- 0.24	Cash And Short Term Investments
Non Current Liabilities Total	- 0.24	Cash And Short Term Investments
Cash And Short Term Investments	- 0.24	Non Current Assets Total