Shyft Capex To Revenue vs Revenue Per Share Analysis

SHYF Stock  USD 12.02  0.07  0.59%   
Shyft financial indicator trend analysis is much more than just breaking down Shyft Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shyft Group is a good investment. Please check the relationship between Shyft Capex To Revenue and its Revenue Per Share accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shyft Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

Capex To Revenue vs Revenue Per Share

Capex To Revenue vs Revenue Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shyft Group Capex To Revenue account and Revenue Per Share. At this time, the significance of the direction appears to have no relationship.
The correlation between Shyft's Capex To Revenue and Revenue Per Share is 0.01. Overlapping area represents the amount of variation of Capex To Revenue that can explain the historical movement of Revenue Per Share in the same time period over historical financial statements of Shyft Group, assuming nothing else is changed. The correlation between historical values of Shyft's Capex To Revenue and Revenue 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 Capex To Revenue of Shyft Group are associated (or correlated) with its Revenue Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Revenue Per Share has no effect on the direction of Capex To Revenue i.e., Shyft's Capex To Revenue and Revenue Per Share go up and down completely randomly.

Correlation Coefficient

0.01
Relationship DirectionPositive 
Relationship StrengthInsignificant

Capex To Revenue

The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.

Revenue Per Share

The amount of revenue generated by a company per share of stock, calculated by dividing total revenue by the average number of shares outstanding.
Most indicators from Shyft's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shyft Group 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 Shyft Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
At this time, Shyft's Discontinued Operations is most likely to decrease significantly in the upcoming years. The Shyft's current Enterprise Value is estimated to increase to about 707.4 M, while Tax Provision is forecasted to increase to (6.3 M).
 2022 2023 2024 2025 (projected)
Interest Expense2.8M6.5M5.9M5.6M
Depreciation And Amortization14.8M17.0M19.5M20.5M

Shyft fundamental ratios Correlations

0.910.360.970.930.960.860.92-0.230.97-0.220.930.780.90.850.84-0.520.970.830.970.880.950.570.84-0.550.81
0.910.350.90.730.880.990.74-0.550.94-0.550.820.590.990.670.71-0.710.960.810.830.920.870.290.89-0.240.8
0.360.350.420.20.140.290.080.180.280.180.180.40.450.180.160.230.450.080.420.050.20.50.3-0.46-0.13
0.970.90.420.850.90.860.84-0.270.92-0.270.950.740.890.820.78-0.470.980.790.970.850.960.570.77-0.470.75
0.930.730.20.850.940.650.980.030.90.030.850.820.70.880.85-0.390.810.790.910.780.860.650.73-0.710.78
0.960.880.140.90.940.840.95-0.270.97-0.260.890.740.830.860.83-0.620.90.90.890.920.920.470.83-0.50.9
0.860.990.290.860.650.840.68-0.650.9-0.650.80.510.970.620.67-0.750.930.790.780.910.840.190.86-0.130.79
0.920.740.080.840.980.950.68-0.070.89-0.070.870.750.70.870.86-0.490.80.80.890.830.890.550.73-0.60.83
-0.23-0.550.18-0.270.03-0.27-0.65-0.07-0.31.0-0.310.18-0.5-0.06-0.130.68-0.38-0.34-0.14-0.52-0.330.5-0.35-0.56-0.39
0.970.940.280.920.90.970.90.89-0.3-0.30.860.750.920.750.85-0.670.940.860.880.930.910.480.93-0.460.89
-0.22-0.550.18-0.270.03-0.26-0.65-0.071.0-0.3-0.310.18-0.5-0.06-0.130.68-0.38-0.33-0.14-0.52-0.330.5-0.35-0.56-0.39
0.930.820.180.950.850.890.80.87-0.310.86-0.310.670.790.810.82-0.50.910.740.940.850.990.470.68-0.40.79
0.780.590.40.740.820.740.510.750.180.750.180.670.590.710.69-0.170.70.630.770.560.680.820.62-0.750.57
0.90.990.450.890.70.830.970.7-0.50.92-0.50.790.590.620.71-0.660.960.720.830.870.840.310.9-0.280.74
0.850.670.180.820.880.860.620.87-0.060.75-0.060.810.710.620.59-0.20.760.810.890.670.80.580.48-0.640.59
0.840.710.160.780.850.830.670.86-0.130.85-0.130.820.690.710.59-0.590.770.570.780.810.840.540.81-0.480.84
-0.52-0.710.23-0.47-0.39-0.62-0.75-0.490.68-0.670.68-0.5-0.17-0.66-0.2-0.59-0.57-0.56-0.34-0.82-0.580.14-0.78-0.27-0.85
0.970.960.450.980.810.90.930.8-0.380.94-0.380.910.70.960.760.77-0.570.780.940.880.940.470.85-0.40.76
0.830.810.080.790.790.90.790.8-0.340.86-0.330.740.630.720.810.57-0.560.780.750.820.780.340.68-0.340.79
0.970.830.420.970.910.890.780.89-0.140.88-0.140.940.770.830.890.78-0.340.940.750.780.940.630.69-0.610.68
0.880.920.050.850.780.920.910.83-0.520.93-0.520.850.560.870.670.81-0.820.880.820.780.90.30.87-0.210.94
0.950.870.20.960.860.920.840.89-0.330.91-0.330.990.680.840.80.84-0.580.940.780.940.90.470.76-0.380.84
0.570.290.50.570.650.470.190.550.50.480.50.470.820.310.580.540.140.470.340.630.30.470.35-0.80.29
0.840.890.30.770.730.830.860.73-0.350.93-0.350.680.620.90.480.81-0.780.850.680.690.870.760.35-0.290.86
-0.55-0.24-0.46-0.47-0.71-0.5-0.13-0.6-0.56-0.46-0.56-0.4-0.75-0.28-0.64-0.48-0.27-0.4-0.34-0.61-0.21-0.38-0.8-0.29-0.21
0.810.8-0.130.750.780.90.790.83-0.390.89-0.390.790.570.740.590.84-0.850.760.790.680.940.840.290.86-0.21
Click cells to compare fundamentals

Shyft Account Relationship Matchups

Shyft fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets359.0M447.9M580.5M530.0M609.6M640.0M
Short Long Term Debt Total74.3M55.2M131.1M132.4M152.2M159.8M
Other Current Liab23.4M26.4M30.2M32.7M29.4M30.9M
Total Current Liabilities93.4M135.8M201.2M182.8M210.3M220.8M
Total Stockholder Equity200.3M266.8M268.6M252.2M290.0M304.5M
Property Plant And Equipment Net89.2M104.4M124.1M129.3M148.7M156.1M
Net Debt53.3M18.0M119.6M122.4M140.8M147.8M
Retained Earnings109.3M171.4M175.6M158.5M182.2M191.3M
Cash21.0M37.2M11.5M10.0M11.5M14.8M
Non Current Assets Total202.8M214.0M234.7M243.1M279.6M293.6M
Cash And Short Term Investments21.0M37.2M11.5M10.0M11.5M14.9M
Net Receivables80.6M118.7M222.3M164.4M189.0M198.5M
Common Stock Shares Outstanding36.0M36.1M35.5M34.9M40.1M35.1M
Liabilities And Stockholders Equity359.0M447.9M580.5M530.0M609.6M640.0M
Non Current Liabilities Total65.5M45.2M110.6M95.1M109.3M114.8M
Inventory46.4M67.2M100.2M105.1M120.9M127.0M
Other Current Assets8.2M10.8M11.8M7.5M8.6M8.4M
Total Liab158.9M181.0M311.8M277.9M319.6M335.5M
Property Plant And Equipment Gross89.2M104.4M70.8M204.8M235.5M247.3M
Total Current Assets156.2M233.8M345.8M286.9M330.0M346.5M
Short Term Debt21.7M26.0M41.5M45.5M40.9M38.9M
Accounts Payable47.5M82.4M124.3M99.9M114.8M120.6M
Non Currrent Assets Other2.1M2.9M2.2M2.4M2.8M1.8M
Intangible Assets56.4M53.0M49.1M45.3M52.1M54.7M
Current Deferred Revenue756K988K5.3M4.8M4.3M4.1M
Common Stock91.0M95.4M93.0M93.7M107.8M113.1M
Good Will33.8M43.6M49.5M48.9M44.0M41.8M
Other Assets27.8M51.2M7.8M12.6M14.5M22.9M
Long Term Debt23.4M738K56.3M50.1M57.7M32.7M
Long Term Debt Total88.7M23.4M738K56.3M64.7M67.9M
Property Plant Equipment72.2M89.2M104.4M70.8M81.4M72.1M
Other Liab4.9M5.4M8.1M10.0M11.5M6.3M
Net Tangible Assets74.6M94.5M164.9M219.5M252.4M153.4M
Short Long Term Debt6.7M10.2M19.7M34.7M39.9M41.9M
Non Current Liabilities Other5.4M44.4M10.0M8.2M9.4M11.7M

Currently Active Assets on Macroaxis

When determining whether Shyft Group is a strong investment it is important to analyze Shyft's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Shyft's future performance. For an informed investment choice regarding Shyft Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shyft Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
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 Industrial Machinery & Supplies & Components 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 Shyft. If investors know Shyft 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 Shyft 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
(0.31)
Dividend Share
0.2
Earnings Share
(0.10)
Revenue Per Share
22.898
Quarterly Revenue Growth
(0.04)
The market value of Shyft Group is measured differently than its book value, which is the value of Shyft that is recorded on the company's balance sheet. Investors also form their own opinion of Shyft's value that differs from its market value or its book value, called intrinsic value, which is Shyft's 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 Shyft's market value can be influenced by many factors that don't directly affect Shyft's 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 Shyft's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shyft is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shyft's 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.