Reitmans Book Value Per Share vs Free Cash Flow Yield Analysis

RET-A Stock  CAD 2.55  0.04  1.54%   
Reitmans financial indicator trend analysis is much more than just breaking down Reitmans Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Reitmans Limited is a good investment. Please check the relationship between Reitmans Book Value Per Share and its Free Cash Flow Yield accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reitmans Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Book Value Per Share vs Free Cash Flow Yield

Book Value Per Share vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Reitmans Limited Book Value Per Share account and Free Cash Flow Yield. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Reitmans' Book Value Per Share and Free Cash Flow Yield is -0.24. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Reitmans Limited, assuming nothing else is changed. The correlation between historical values of Reitmans' Book Value Per Share 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 Book Value Per Share of Reitmans Limited 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 Book Value Per Share i.e., Reitmans' Book Value Per Share and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

-0.24
Relationship DirectionNegative 
Relationship StrengthInsignificant

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

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 Reitmans' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Reitmans Limited 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reitmans Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
At this time, Reitmans' Tax Provision is fairly stable compared to the past year. Discontinued Operations is likely to climb to about 18.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 335.1 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit353.2M448.6M431.0M337.9M
Total Revenue662.0M800.6M794.7M634.0M

Reitmans fundamental ratios Correlations

0.85-0.43-0.72-0.74-0.52-0.370.48-0.660.630.14-0.45-0.340.21-0.38-0.77-0.230.010.080.240.65-0.8-0.79-0.24-0.36-0.36
0.85-0.1-0.54-0.6-0.15-0.20.58-0.340.320.2-0.23-0.150.520.04-0.63-0.060.270.240.40.83-0.67-0.70.16-0.170.02
-0.43-0.10.880.790.950.940.410.6-0.8-0.350.920.94-0.160.730.770.55-0.170.8-0.45-0.360.760.730.950.930.95
-0.72-0.540.880.960.850.90.090.65-0.81-0.370.90.89-0.450.550.950.49-0.340.59-0.65-0.740.960.950.70.880.76
-0.74-0.60.790.960.790.84-0.10.59-0.83-0.310.90.8-0.490.60.990.62-0.270.52-0.59-0.740.990.980.560.830.71
-0.52-0.150.950.850.790.820.210.52-0.93-0.240.880.820.020.810.770.620.090.61-0.24-0.280.740.720.880.80.95
-0.37-0.20.940.90.840.820.420.51-0.71-0.460.940.99-0.470.550.820.55-0.440.87-0.7-0.560.810.80.820.980.83
0.480.580.410.09-0.10.210.420.080.14-0.080.20.48-0.01-0.04-0.14-0.18-0.390.7-0.320.15-0.14-0.160.590.430.33
-0.66-0.340.60.650.590.520.510.08-0.410.010.530.55-0.190.390.60.11-0.280.34-0.39-0.420.630.590.580.570.46
0.630.32-0.8-0.81-0.83-0.93-0.710.14-0.410.28-0.84-0.680.02-0.82-0.82-0.75-0.21-0.40.170.34-0.79-0.78-0.66-0.67-0.84
0.140.2-0.35-0.37-0.31-0.24-0.46-0.080.010.28-0.36-0.410.35-0.16-0.35-0.220.26-0.360.370.31-0.35-0.35-0.26-0.41-0.29
-0.45-0.230.920.90.90.880.940.20.53-0.84-0.360.93-0.390.750.890.76-0.240.79-0.55-0.490.870.850.790.950.89
-0.34-0.150.940.890.80.820.990.480.55-0.68-0.410.93-0.440.530.780.5-0.460.88-0.71-0.540.770.760.850.980.82
0.210.52-0.16-0.45-0.490.02-0.47-0.01-0.190.020.35-0.39-0.440.21-0.5-0.170.87-0.390.890.81-0.53-0.570.03-0.470.02
-0.380.040.730.550.60.810.55-0.040.39-0.82-0.160.750.530.210.610.830.420.470.120.080.570.520.70.60.88
-0.77-0.630.770.950.990.770.82-0.140.6-0.82-0.350.890.78-0.50.610.64-0.260.5-0.58-0.741.00.990.550.820.71
-0.23-0.060.550.490.620.620.55-0.180.11-0.75-0.220.760.5-0.170.830.640.20.49-0.09-0.10.580.580.440.580.7
0.010.27-0.17-0.34-0.270.09-0.44-0.39-0.28-0.210.26-0.24-0.460.870.42-0.260.2-0.460.930.69-0.3-0.33-0.08-0.430.1
0.080.240.80.590.520.610.870.70.34-0.4-0.360.790.88-0.390.470.50.49-0.46-0.61-0.230.480.460.80.90.74
0.240.4-0.45-0.65-0.59-0.24-0.7-0.32-0.390.170.37-0.55-0.710.890.12-0.58-0.090.93-0.610.83-0.6-0.63-0.29-0.68-0.2
0.650.83-0.36-0.74-0.74-0.28-0.560.15-0.420.340.31-0.49-0.540.810.08-0.74-0.10.69-0.230.83-0.78-0.81-0.1-0.52-0.14
-0.8-0.670.760.960.990.740.81-0.140.63-0.79-0.350.870.77-0.530.571.00.58-0.30.48-0.6-0.781.00.540.810.67
-0.79-0.70.730.950.980.720.8-0.160.59-0.78-0.350.850.76-0.570.520.990.58-0.330.46-0.63-0.811.00.490.790.64
-0.240.160.950.70.560.880.820.590.58-0.66-0.260.790.850.030.70.550.44-0.080.8-0.29-0.10.540.490.840.92
-0.36-0.170.930.880.830.80.980.430.57-0.67-0.410.950.98-0.470.60.820.58-0.430.9-0.68-0.520.810.790.840.85
-0.360.020.950.760.710.950.830.330.46-0.84-0.290.890.820.020.880.710.70.10.74-0.2-0.140.670.640.920.85
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Reitmans Account Relationship Matchups

Reitmans fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab32.7M236.2M34.2M40.9M47.0M70.4M
Total Current Liabilities189.9M284.5M99.0M122.9M105.5M118.5M
Other Liab34.3M34.0M24.2M3.1M2.8M2.6M
Net Tangible Assets306.1M173.6M11.4M178.2M160.4M172.3M
Retained Earnings156.4M(15.2M)147.0M223.6M238.7M166.8M
Accounts Payable75.1M2.1M1.3M18.3M22.8M33.6M
Other Assets28.0M24.8M2.9M3.0M2.7M2.6M
Net Receivables6.3M10.7M7.6M3.2M3.5M5.4M
Inventory147.4M114.5M151.2M146.7M122.0M111.2M
Other Current Assets1.9M1.1M42.6M14.5M16.3M12.2M
Other Stockholder Equity(1.3M)(227K)(854K)(853K)(981.0K)(1.0M)
Total Current Assets253.7M214.1M194.7M265.9M259.9M219.4M
Property Plant Equipment95.9M286.2M169.9M110.9M127.6M164.5M
Total Assets560.2M397.2M314.3M444.5M490.8M365.6M
Total Stockholder Equity193.8M21.7M183.8M260.8M279.0M185.1M
Cash89.4M77.9M25.5M103.0M116.7M72.0M
Non Current Assets Total306.5M180.4M119.6M178.7M230.8M210.6M
Non Current Liabilities Total176.7M91.0M31.4M60.8M106.3M84.0M
Total Liab366.4M375.5M130.4M183.7M211.7M180.5M
Net Invested Capital193.8M21.7M213.5M260.8M279.0M188.5M
Net Working Capital64.0M(67.7M)95.6M142.9M154.5M93.0M
Intangible Assets20.3M10.3M5.6M2.6M1.6M1.5M

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