Reitmans Free Cash Flow Yield vs Book Value Per Share Analysis

RET Stock

CAD 2.74 0.16 5.52%

Reitmans Canada financial indicator trend analysis is much more than just breaking down Reitmans Canada prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Reitmans Canada is a good investment. Please check the relationship between Reitmans Canada Free Cash Flow Yield and its Book Value Per Share accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reitmans Canada. 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 Book Value Per Share

Free Cash Flow Yield vs Book Value Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Reitmans Canada Free Cash Flow Yield account and Book Value Per Share. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Reitmans Canada's Free Cash Flow Yield and Book Value Per Share is -0.24. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of Reitmans Canada, assuming nothing else is changed. The correlation between historical values of Reitmans Canada's Free Cash Flow Yield and Book Value Per Share 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 Reitmans Canada are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Free Cash Flow Yield i.e., Reitmans Canada's Free Cash Flow Yield and Book Value Per Share go up and down completely randomly.

Correlation Coefficient

-0.24

Relationship Direction	Negative
Relationship Strength	Insignificant

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.

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.

Most indicators from Reitmans Canada's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Reitmans Canada 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 Canada. 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, Reitmans Canada's 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 345.4 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	353.2M	448.6M	431.0M	347.9M
Total Revenue	662.0M	800.6M	794.7M	649.9M

Gross Profit Total Revenue

Reitmans Canada fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Other Assets	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Short Long Term Debt	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Common Stock Shares Outstanding	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		-0.38	0.01	0.73	0.83	0.68	0.72	0.88	0.88	0.74	0.69	0.08	-0.05	0.46	-0.86	-0.11	-0.09	-0.59	0.85	0.8	0.68	0.09	0.59	0.66	0.62	0.73
Other Current Liab	-0.38		0.85	-0.73	-0.43	-0.72	-0.74	-0.52	-0.26	-0.13	-0.37	0.48	0.24	-0.66	0.63	0.14	0.67	0.21	-0.45	-0.26	-0.34	0.21	0.08	-0.8	-0.79	-0.36
Total Current Liabilities	0.01	0.85		-0.58	-0.1	-0.54	-0.6	-0.15	-0.07	0.29	-0.2	0.58	0.41	-0.34	0.32	0.2	0.82	0.07	-0.23	0.12	-0.15	0.52	0.24	-0.67	-0.7	-0.17
Total Stockholder Equity	0.73	-0.73	-0.58		0.8	0.96	1.0	0.79	0.74	0.17	0.85	-0.08	-0.59	0.59	-0.83	-0.3	-0.73	-0.67	0.91	0.65	0.82	-0.49	0.54	0.99	0.98	0.84
Other Liab	0.83	-0.43	-0.1	0.8		0.88	0.79	0.95	0.68	0.32	0.94	0.41	-0.44	0.6	-0.8	-0.35	-0.37	-0.67	0.92	0.97	0.94	-0.16	0.8	0.76	0.73	0.93
Net Tangible Assets	0.68	-0.72	-0.54	0.96	0.88		0.96	0.85	0.63	0.09	0.9	0.09	-0.64	0.65	-0.81	-0.37	-0.73	-0.68	0.9	0.75	0.89	-0.45	0.59	0.96	0.95	0.88
Retained Earnings	0.72	-0.74	-0.6	1.0	0.79	0.96		0.79	0.74	0.17	0.84	-0.1	-0.59	0.59	-0.83	-0.31	-0.74	-0.66	0.9	0.63	0.8	-0.49	0.52	0.99	0.98	0.83
Accounts Payable	0.88	-0.52	-0.15	0.79	0.95	0.85	0.79		0.72	0.49	0.82	0.21	-0.24	0.52	-0.93	-0.24	-0.26	-0.64	0.88	0.89	0.82	0.02	0.61	0.74	0.72	0.8
Cash	0.88	-0.26	-0.07	0.74	0.68	0.63	0.74	0.72		0.49	0.68	-0.05	-0.22	0.21	-0.8	-0.16	-0.22	-0.55	0.86	0.6	0.65	-0.22	0.6	0.67	0.67	0.71
Non Current Assets Total	0.74	-0.13	0.29	0.17	0.32	0.09	0.17	0.49	0.49		0.06	-0.12	0.59	0.16	-0.49	0.25	0.47	-0.22	0.26	0.39	0.05	0.66	0.06	0.11	0.04	0.11
Other Assets	0.69	-0.37	-0.2	0.85	0.94	0.9	0.84	0.82	0.68	0.06		0.42	-0.7	0.51	-0.71	-0.46	-0.57	-0.71	0.94	0.87	0.99	-0.47	0.87	0.81	0.8	0.98
Net Receivables	0.08	0.48	0.58	-0.08	0.41	0.09	-0.1	0.21	-0.05	-0.12	0.42		-0.31	0.08	0.14	-0.08	0.14	-0.34	0.2	0.58	0.48	-0.01	0.7	-0.14	-0.16	0.43
Non Current Liabilities Total	-0.05	0.24	0.41	-0.59	-0.44	-0.64	-0.59	-0.24	-0.22	0.59	-0.7	-0.31		-0.37	0.16	0.37	0.84	0.53	-0.54	-0.35	-0.7	0.89	-0.59	-0.6	-0.63	-0.67
Inventory	0.46	-0.66	-0.34	0.59	0.6	0.65	0.59	0.52	0.21	0.16	0.51	0.08	-0.37		-0.41	0.01	-0.52	-0.35	0.53	0.6	0.55	-0.19	0.34	0.63	0.59	0.57
Other Current Assets	-0.86	0.63	0.32	-0.83	-0.8	-0.81	-0.83	-0.93	-0.8	-0.49	-0.71	0.14	0.16	-0.41		0.28	0.3	0.54	-0.84	-0.68	-0.68	0.02	-0.4	-0.79	-0.78	-0.67
Other Stockholder Equity	-0.11	0.14	0.2	-0.3	-0.35	-0.37	-0.31	-0.24	-0.16	0.25	-0.46	-0.08	0.37	0.01	0.28		0.35	-0.07	-0.36	-0.21	-0.41	0.35	-0.36	-0.35	-0.35	-0.41
Total Liab	-0.09	0.67	0.82	-0.73	-0.37	-0.73	-0.74	-0.26	-0.22	0.47	-0.57	0.14	0.84	-0.52	0.3	0.35		0.35	-0.51	-0.19	-0.54	0.85	-0.27	-0.79	-0.82	-0.56
Short Long Term Debt	-0.59	0.21	0.07	-0.67	-0.67	-0.68	-0.66	-0.64	-0.55	-0.22	-0.71	-0.34	0.53	-0.35	0.54	-0.07	0.35		-0.67	-0.66	-0.72	0.22	-0.58	-0.56	-0.55	-0.67
Total Current Assets	0.85	-0.45	-0.23	0.91	0.92	0.9	0.9	0.88	0.86	0.26	0.94	0.2	-0.54	0.53	-0.84	-0.36	-0.51	-0.67		0.83	0.93	-0.39	0.79	0.87	0.85	0.95
Intangible Assets	0.8	-0.26	0.12	0.65	0.97	0.75	0.63	0.89	0.6	0.39	0.87	0.58	-0.35	0.6	-0.68	-0.21	-0.19	-0.66	0.83		0.89	-0.03	0.83	0.59	0.55	0.88
Common Stock	0.68	-0.34	-0.15	0.82	0.94	0.89	0.8	0.82	0.65	0.05	0.99	0.48	-0.7	0.55	-0.68	-0.41	-0.54	-0.72	0.93	0.89		-0.44	0.88	0.77	0.76	0.98
Property Plant Equipment	0.09	0.21	0.52	-0.49	-0.16	-0.45	-0.49	0.02	-0.22	0.66	-0.47	-0.01	0.89	-0.19	0.02	0.35	0.85	0.22	-0.39	-0.03	-0.44		-0.39	-0.53	-0.57	-0.47
Common Stock Shares Outstanding	0.59	0.08	0.24	0.54	0.8	0.59	0.52	0.61	0.6	0.06	0.87	0.7	-0.59	0.34	-0.4	-0.36	-0.27	-0.58	0.79	0.83	0.88	-0.39		0.48	0.46	0.9
Net Invested Capital	0.66	-0.8	-0.67	0.99	0.76	0.96	0.99	0.74	0.67	0.11	0.81	-0.14	-0.6	0.63	-0.79	-0.35	-0.79	-0.56	0.87	0.59	0.77	-0.53	0.48		1.0	0.81
Net Working Capital	0.62	-0.79	-0.7	0.98	0.73	0.95	0.98	0.72	0.67	0.04	0.8	-0.16	-0.63	0.59	-0.78	-0.35	-0.82	-0.55	0.85	0.55	0.76	-0.57	0.46	1.0		0.79
Capital Stock	0.73	-0.36	-0.17	0.84	0.93	0.88	0.83	0.8	0.71	0.11	0.98	0.43	-0.67	0.57	-0.67	-0.41	-0.56	-0.67	0.95	0.88	0.98	-0.47	0.9	0.81	0.79

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Reitmans Canada Account Relationship Matchups

Reitmans Canada fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	560.2M	397.2M	314.3M	444.5M	490.8M	374.7M
Other Current Liab	32.7M	236.2M	34.2M	40.9M	47.0M	70.4M
Total Current Liabilities	189.9M	284.5M	99.0M	122.9M	105.5M	118.5M
Total Stockholder Equity	193.8M	21.7M	183.8M	260.8M	279.0M	199.3M
Other Liab	34.3M	34.0M	24.2M	3.1M	2.8M	2.6M
Net Tangible Assets	306.1M	173.6M	11.4M	178.2M	160.4M	172.3M
Retained Earnings	156.4M	(15.2M)	147.0M	223.6M	238.7M	166.8M
Accounts Payable	75.1M	2.1M	1.3M	18.3M	22.8M	33.6M
Cash	89.4M	77.9M	25.5M	103.0M	116.7M	75.0M
Non Current Assets Total	306.5M	180.4M	119.6M	178.7M	230.8M	155.1M
Other Assets	28.0M	24.8M	2.9M	3.0M	2.7M	2.6M
Net Receivables	6.3M	10.7M	7.6M	3.2M	3.5M	5.4M
Non Current Liabilities Total	176.7M	91.0M	31.4M	60.8M	106.3M	78.2M
Inventory	147.4M	114.5M	151.2M	146.7M	122.0M	111.2M
Other Current Assets	1.9M	1.1M	42.6M	14.5M	16.3M	12.2M
Other Stockholder Equity	(1.3M)	(227K)	(854K)	(853K)	(981.0K)	(1.0M)
Total Liab	366.4M	375.5M	130.4M	183.7M	211.7M	241.2M
Total Current Assets	253.7M	214.1M	194.7M	265.9M	259.9M	219.4M
Intangible Assets	20.3M	10.3M	5.6M	2.6M	1.6M	1.5M
Property Plant Equipment	95.9M	286.2M	169.9M	110.9M	127.6M	164.5M
Net Invested Capital	193.8M	21.7M	213.5M	260.8M	279.0M	188.5M
Net Working Capital	64.0M	(67.7M)	95.6M	142.9M	154.5M	93.0M

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