Seneca Roic vs Ptb Ratio Analysis

SENEB Stock  USD 72.04  1.66  2.25%   
Seneca Foods financial indicator trend analysis is much more than just breaking down Seneca Foods Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Seneca Foods Corp is a good investment. Please check the relationship between Seneca Foods Roic and its Ptb Ratio accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Seneca Foods Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Roic vs Ptb Ratio

Roic vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Seneca Foods Corp Roic account and Ptb Ratio. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Seneca Foods' Roic and Ptb Ratio is 0.17. Overlapping area represents the amount of variation of Roic that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Seneca Foods Corp, assuming nothing else is changed. The correlation between historical values of Seneca Foods' Roic and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Roic of Seneca Foods Corp are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Roic i.e., Seneca Foods' Roic and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

0.17
Relationship DirectionPositive 
Relationship StrengthInsignificant

Roic

Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.
Most indicators from Seneca Foods' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Seneca Foods Corp 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Seneca Foods Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
At present, Seneca Foods' Discontinued Operations 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 Selling General Administrative is forecasted to decline to about 73.5 M.
 2021 2022 2023 2024 (projected)
Gross Profit147.9M135.9M188.2M94.5M
Total Revenue1.4B1.5B1.5B911.5M

Seneca Foods fundamental ratios Correlations

0.880.420.170.880.640.860.910.11-0.010.860.71-0.010.32-0.640.840.93-0.15-0.790.920.960.040.850.020.840.71
0.880.190.070.560.331.00.66-0.29-0.320.610.51-0.32-0.08-0.570.940.96-0.28-0.750.990.920.060.60.190.850.6
0.420.190.380.480.490.170.430.220.220.40.260.220.52-0.140.160.30.3-0.210.290.380.210.44-0.420.290.27
0.170.070.380.170.10.070.130.270.030.060.030.030.16-0.05-0.240.190.130.00.130.210.910.25-0.060.02-0.06
0.880.560.480.170.770.520.970.390.310.910.80.310.57-0.610.550.69-0.01-0.710.630.770.00.86-0.20.670.7
0.640.330.490.10.770.30.770.40.340.830.620.340.82-0.670.390.39-0.2-0.570.420.47-0.140.57-0.020.420.46
0.861.00.170.070.520.30.63-0.31-0.390.580.48-0.39-0.1-0.560.930.95-0.28-0.730.980.910.060.570.190.840.6
0.910.660.430.130.970.770.630.230.180.970.880.180.51-0.760.650.72-0.1-0.860.710.780.010.8-0.170.770.8
0.11-0.290.220.270.390.4-0.310.230.40.230.00.40.680.18-0.25-0.080.340.19-0.160.03-0.060.48-0.05-0.33-0.1
-0.01-0.320.220.030.310.34-0.390.180.40.250.281.00.35-0.02-0.26-0.240.080.1-0.26-0.14-0.110.17-0.1-0.15-0.14
0.860.610.40.060.910.830.580.970.230.250.890.250.57-0.790.640.63-0.23-0.850.680.69-0.080.73-0.070.720.77
0.710.510.260.030.80.620.480.880.00.280.890.280.31-0.820.50.5-0.16-0.880.530.540.040.49-0.190.720.78
-0.01-0.320.220.030.310.34-0.390.180.41.00.250.280.35-0.02-0.26-0.240.080.1-0.26-0.14-0.110.17-0.1-0.15-0.14
0.32-0.080.520.160.570.82-0.10.510.680.350.570.310.35-0.250.00.030.03-0.170.050.15-0.090.5-0.290.020.19
-0.64-0.57-0.14-0.05-0.61-0.67-0.56-0.760.18-0.02-0.79-0.82-0.02-0.25-0.53-0.490.370.92-0.56-0.49-0.06-0.29-0.05-0.68-0.69
0.840.940.16-0.240.550.390.930.65-0.25-0.260.640.5-0.260.0-0.530.88-0.28-0.720.930.85-0.280.580.20.820.62
0.930.960.30.190.690.390.950.72-0.08-0.240.630.5-0.240.03-0.490.88-0.15-0.680.970.990.110.750.130.820.59
-0.15-0.280.30.13-0.01-0.2-0.28-0.10.340.08-0.23-0.160.080.030.37-0.28-0.150.26-0.23-0.090.120.06-0.53-0.16-0.13
-0.79-0.75-0.210.0-0.71-0.57-0.73-0.860.190.1-0.85-0.880.1-0.170.92-0.72-0.680.26-0.74-0.68-0.03-0.470.05-0.84-0.84
0.920.990.290.130.630.420.980.71-0.16-0.260.680.53-0.260.05-0.560.930.97-0.23-0.740.950.060.690.180.850.62
0.960.920.380.210.770.470.910.780.03-0.140.690.54-0.140.15-0.490.850.99-0.09-0.680.950.10.820.060.810.6
0.040.060.210.910.0-0.140.060.01-0.06-0.11-0.080.04-0.11-0.09-0.06-0.280.110.12-0.030.060.10.04-0.210.07-0.04
0.850.60.440.250.860.570.570.80.480.170.730.490.170.5-0.290.580.750.06-0.470.690.820.04-0.140.580.49
0.020.19-0.42-0.06-0.2-0.020.19-0.17-0.05-0.1-0.07-0.19-0.1-0.29-0.050.20.13-0.530.050.180.06-0.21-0.14-0.07-0.08
0.840.850.290.020.670.420.840.77-0.33-0.150.720.72-0.150.02-0.680.820.82-0.16-0.840.850.810.070.58-0.070.84
0.710.60.27-0.060.70.460.60.8-0.1-0.140.770.78-0.140.19-0.690.620.59-0.13-0.840.620.6-0.040.49-0.080.84
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Seneca Foods Account Relationship Matchups

Seneca Foods fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets909.3M909.3M947.0M1.2B1.4B1.5B
Short Long Term Debt Total312.5M169.4M178.1M492.5M650.8M683.4M
Other Current Liab42.4M51.4M51.9M49.2M60.9M36.9M
Total Current Liabilities149.7M158.1M173.2M158.2M151.0M128.4M
Total Stockholder Equity394.4M577.8M583.8M583.5M582.9M612.0M
Property Plant And Equipment Net322.8M321.4M336.9M358.0M345.1M191.3M
Net Debt301.8M109.6M167.2M480.2M646.3M678.7M
Retained Earnings459.8M585.9M636.9M670.0M704.6M739.8M
Accounts Payable71.2M74.1M87.6M69.2M40.3M55.8M
Cash10.7M59.8M10.9M12.3M4.5M4.3M
Non Current Assets Total357.7M393.0M391.6M418.7M417.0M437.8M
Non Currrent Assets Other27.1M71.7M54.7M60.7M71.9M75.5M
Cash And Short Term Investments10.7M59.8M10.9M12.3M4.5M4.3M
Net Receivables121.8M101.5M119.2M104.7M80.2M60.6M
Common Stock Shares Outstanding9.3M9.2M8.8M7.9M7.4M8.7M
Liabilities And Stockholders Equity909.3M909.3M947.0M1.2B1.4B1.5B
Non Current Liabilities Total365.3M173.4M190.0M502.0M680.0M714.0M
Inventory411.6M343.1M410.3M708.8M872.7M916.3M
Other Current Assets7.3M11.8M16.6M6.2M9.7M7.4M
Other Stockholder Equity10.1M7.3M(30.2M)(69.4M)(99.7M)(94.7M)
Total Liab514.9M331.5M363.2M660.2M831.0M872.6M
Total Current Assets551.6M516.3M555.4M825.0M967.0M1.0B
Accumulated Other Comprehensive Income(79.2M)(19.1M)(26.5M)(20.5M)(25.4M)(26.6M)
Short Term Debt28.3M28.3M26.0M25.8M60.8M37.5M
Common Stock3.0M3.0M3.0M3.0M3.1M3.3M
Current Deferred Revenue7.8M4.3M7.7M10.0M8.2M12.1M
Common Stock Total Equity3.0M3.0M3.0M3.0M3.5M3.4M
Property Plant And Equipment Gross322.8M321.4M757.5M301.2M812.7M853.3M
Net Tangible Assets393.7M577.2M583.2M583.1M670.6M488.7M
Long Term Debt217.1M94.1M109.6M432.7M585.8M293.5M
Retained Earnings Total Equity459.8M585.9M636.9M670.0M770.5M495.5M
Long Term Debt Total35.9M297.2M217.1M94.1M84.7M157.0M
Capital Surpluse98.4M98.5M98.6M99.2M114.0M106.9M
Preferred Stock Total Equity681K663K644K351K315.9K300.1K
Treasury Stock(88.3M)(91.2M)(128.9M)(168.6M)(151.7M)(144.1M)
Non Current Liabilities Other5.3M27.8M5.0M3.7M13.9M17.9M
Property Plant Equipment228.5M248.6M268.0M301.2M346.4M254.7M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Seneca Foods Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Seneca Foods' 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 Seneca Foods Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Seneca Foods Corp Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Seneca Foods Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Food Products 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 Seneca Foods. If investors know Seneca 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 Seneca Foods 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
(0.42)
Earnings Share
5.96
Revenue Per Share
211.009
Quarterly Revenue Growth
0.044
Return On Assets
0.0366
The market value of Seneca Foods Corp is measured differently than its book value, which is the value of Seneca that is recorded on the company's balance sheet. Investors also form their own opinion of Seneca Foods' value that differs from its market value or its book value, called intrinsic value, which is Seneca Foods' 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 Seneca Foods' market value can be influenced by many factors that don't directly affect Seneca Foods' 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 Seneca Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine if Seneca Foods is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Seneca Foods' 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.