Payfare Historical Financial Ratios
PAY Stock | CAD 1.98 0.03 1.49% |
Payfare is promptly reporting on over 93 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 Book Value Per Share of 1.57, Free Cash Flow Yield of 0.0605, Invested Capital of 0.0 or Operating Cash Flow Per Share of 0.5 will help investors to properly organize and evaluate Payfare financial condition quickly.
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About Payfare Financial Ratios Analysis
PayfareFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Payfare 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 Payfare financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Payfare history.
Payfare Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Payfare stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Payfare sales, a figure that is much harder to manipulate than other Payfare 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.Average Payables
The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.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.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 ratios from Payfare's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Payfare 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Payfare. 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, Payfare's ROIC is very stable compared to the past year. As of the 26th of November 2024, Net Income Per Share is likely to grow to 0.29, while Price To Sales Ratio is likely to drop 1.51.
2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 3.73 | 5.75 | 7.01 | 7.37 | Days Of Inventory On Hand | 1.5K | 514.4 | 462.96 | 676.22 |
Payfare fundamentals Correlations
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Payfare Account Relationship Matchups
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Payfare fundamentals Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Price To Sales Ratio | 182.06 | 85.41 | 8.28 | 1.52 | 1.59 | 1.51 | |
Ptb Ratio | 579.28 | (94.47) | 7.57 | 3.98 | 4.15 | 3.94 | |
Days Sales Outstanding | 279.27 | 38.62 | 42.83 | 8.72 | 12.08 | 11.48 | |
Book Value Per Share | 0.0104 | (0.0635) | 1.11 | 1.08 | 1.5 | 1.57 | |
Free Cash Flow Yield | (0.0108) | (0.002118) | (0.0436) | 0.0219 | 0.0576 | 0.0605 | |
Operating Cash Flow Per Share | (0.0591) | (0.008911) | (0.34) | 0.17 | 0.47 | 0.5 | |
Stock Based Compensation To Revenue | 0.78 | 0.64 | 0.13 | 0.0571 | 0.021 | 0.02 | |
Capex To Depreciation | 1.04 | 0.64 | 1.13 | 2.57 | 1.67 | 2.2 | |
Pb Ratio | 579.28 | (94.47) | 7.57 | 3.98 | 4.15 | 3.94 | |
Ev To Sales | 183.32 | 86.62 | 7.35 | 1.19 | 1.17 | 1.11 | |
Free Cash Flow Per Share | (0.0648) | (0.0127) | (0.36) | 0.0938 | 0.36 | 0.38 | |
Roic | (1.91) | (3.06) | (0.39) | (0.0757) | 0.16 | 0.17 | |
Inventory Turnover | 0.25 | 0.51 | 0.24 | 0.71 | 0.82 | 0.78 | |
Net Income Per Share | (0.17) | (0.15) | (0.51) | (0.0638) | 0.28 | 0.29 | |
Days Of Inventory On Hand | 1.5K | 719.81 | 1.5K | 514.4 | 462.96 | 676.22 | |
Payables Turnover | 2.21 | 4.21 | 3.73 | 5.75 | 7.01 | 7.37 | |
Sales General And Administrative To Revenue | 2.01 | 1.04 | 0.38 | 0.0786 | 0.046 | 0.0437 | |
Capex To Revenue | 0.17 | 0.054 | 0.0244 | 0.0273 | 0.03 | 0.0285 | |
Cash Per Share | 0.004957 | 0.008474 | 0.95 | 0.92 | 1.64 | 1.72 | |
Pocfratio | (101.53) | (673.32) | (24.62) | 25.1 | 13.08 | 13.73 | |
Interest Coverage | (1.79) | (7.97) | (28.77) | (2.1K) | (2.4K) | (2.3K) | |
Pfcf Ratio | (92.65) | (472.14) | (22.95) | 45.74 | 17.36 | 18.22 | |
Days Payables Outstanding | 165.01 | 86.75 | 97.82 | 63.46 | 52.04 | 49.43 | |
Income Quality | 0.47 | 0.0648 | 0.69 | (2.68) | 1.72 | 1.81 | |
Roe | (16.26) | 2.34 | (0.46) | (0.0592) | 0.18 | 0.19 | |
Ev To Operating Cash Flow | (102.24) | (682.85) | (21.84) | 19.7 | 9.62 | 10.1 | |
Pe Ratio | (35.63) | (40.45) | (16.46) | (67.28) | 22.54 | 23.66 | |
Ev To Free Cash Flow | (93.3) | (478.82) | (20.36) | 35.89 | 12.77 | 13.41 | |
Earnings Yield | (0.0281) | (0.0247) | (0.0607) | (0.0149) | 0.0444 | 0.0466 | |
Intangibles To Total Assets | 0.036 | 0.0333 | 0.004893 | 0.0153 | 0.0186 | 0.0177 | |
Net Debt To E B I T D A | (0.54) | (0.69) | 2.08 | 28.5 | (4.71) | (4.47) | |
Current Ratio | 0.76 | 1.01 | 0.7 | 1.26 | 1.27 | 1.28 | |
Tangible Book Value Per Share | 0.003585 | (0.069) | 1.08 | 1.01 | 1.38 | 1.45 | |
Receivables Turnover | 1.31 | 9.45 | 8.52 | 41.86 | 30.22 | 31.73 | |
Graham Number | 0.2 | 0.46 | 3.56 | 1.24 | 3.05 | 3.2 | |
Shareholders Equity Per Share | 0.0104 | (0.0635) | 1.11 | 1.08 | 1.5 | 1.57 |
Pair Trading with Payfare
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 Payfare 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 Payfare will appreciate offsetting losses from the drop in the long position's value.Moving against Payfare Stock
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The ability to find closely correlated positions to Payfare could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Payfare 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 Payfare - 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 Payfare to buy it.
The correlation of Payfare 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 Payfare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Payfare 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 Payfare 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 Payfare Stock
PayfareFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Payfare 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 Payfare financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Payfare history.