Synopsys Free Cash Flow Per Share vs Pe Ratio Analysis

SNPS Stock  USD 553.95  7.92  1.41%   
Synopsys financial indicator trend analysis is much more than just breaking down Synopsys prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Synopsys is a good investment. Please check the relationship between Synopsys Free Cash Flow Per Share and its Pe Ratio accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Synopsys. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For more information on how to buy Synopsys Stock please use our How to Invest in Synopsys guide.

Free Cash Flow Per Share vs Pe Ratio

Free Cash Flow Per Share vs Pe Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Synopsys Free Cash Flow Per Share account and Pe Ratio. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Synopsys' Free Cash Flow Per Share and Pe Ratio is 0.16. Overlapping area represents the amount of variation of Free Cash Flow Per Share that can explain the historical movement of Pe Ratio in the same time period over historical financial statements of Synopsys, assuming nothing else is changed. The correlation between historical values of Synopsys' Free Cash Flow Per Share and Pe 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 Free Cash Flow Per Share of Synopsys are associated (or correlated) with its Pe Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pe Ratio has no effect on the direction of Free Cash Flow Per Share i.e., Synopsys' Free Cash Flow Per Share and Pe Ratio go up and down completely randomly.

Correlation Coefficient

0.16
Relationship DirectionPositive 
Relationship StrengthInsignificant

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.

Pe Ratio

Most indicators from Synopsys' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Synopsys 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 Synopsys. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For more information on how to buy Synopsys Stock please use our How to Invest in Synopsys guide.At this time, Synopsys' Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.09 in 2024, whereas Tax Provision is likely to drop slightly above 49.2 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense1.7M1.2M1.1M1.0M
Depreciation And Amortization317.9M344.8M396.5M416.4M

Synopsys fundamental ratios Correlations

0.920.890.991.00.95-0.390.97-0.290.931.00.250.940.950.60.980.92-0.591.00.990.370.50.950.980.63-0.23
0.920.940.910.90.95-0.120.92-0.510.830.920.180.840.910.390.960.82-0.650.940.910.530.330.950.870.41-0.07
0.890.940.860.880.98-0.20.93-0.680.840.870.050.850.840.270.950.87-0.760.90.920.260.250.980.80.30.1
0.990.910.860.980.92-0.370.96-0.220.920.990.220.930.940.620.950.91-0.581.00.980.430.540.920.990.64-0.23
1.00.90.880.980.95-0.420.97-0.280.941.00.270.940.940.620.970.92-0.560.990.990.340.50.940.980.64-0.26
0.950.950.980.920.95-0.250.97-0.550.880.940.190.890.920.40.990.91-0.710.950.960.30.321.00.890.43-0.05
-0.39-0.12-0.2-0.37-0.42-0.25-0.26-0.15-0.64-0.37-0.03-0.61-0.25-0.72-0.29-0.3-0.21-0.34-0.420.15-0.5-0.24-0.41-0.720.47
0.970.920.930.960.970.97-0.26-0.390.870.960.230.890.920.420.970.96-0.750.970.980.290.380.970.930.46-0.05
-0.29-0.51-0.68-0.22-0.28-0.55-0.15-0.39-0.29-0.250.16-0.32-0.270.33-0.45-0.360.57-0.3-0.36-0.010.3-0.57-0.130.31-0.5
0.930.830.840.920.940.88-0.640.87-0.290.920.20.990.840.690.90.83-0.420.920.950.280.530.870.910.71-0.29
1.00.920.870.991.00.94-0.370.96-0.250.920.250.920.950.620.970.91-0.571.00.980.390.520.940.990.64-0.27
0.250.180.050.220.270.19-0.030.230.160.20.250.190.280.180.210.23-0.080.220.240.2-0.010.190.260.21-0.19
0.940.840.850.930.940.89-0.610.89-0.320.990.920.190.840.660.90.86-0.460.930.960.310.520.880.910.68-0.21
0.950.910.840.940.940.92-0.250.92-0.270.840.950.280.840.540.930.8-0.560.950.930.40.410.910.940.56-0.27
0.60.390.270.620.620.4-0.720.420.330.690.620.180.660.540.470.390.210.580.560.360.820.370.691.0-0.75
0.980.960.950.950.970.99-0.290.97-0.450.90.970.210.90.930.470.9-0.670.980.970.330.390.990.940.5-0.13
0.920.820.870.910.920.91-0.30.96-0.360.830.910.230.860.80.390.9-0.760.920.930.220.40.910.870.430.02
-0.59-0.65-0.76-0.58-0.56-0.71-0.21-0.750.57-0.42-0.57-0.08-0.46-0.560.21-0.67-0.76-0.61-0.62-0.010.04-0.72-0.480.17-0.5
1.00.940.91.00.990.95-0.340.97-0.30.921.00.220.930.950.580.980.92-0.610.990.40.50.950.980.6-0.2
0.990.910.920.980.990.96-0.420.98-0.360.950.980.240.960.930.560.970.93-0.620.990.320.460.960.960.59-0.17
0.370.530.260.430.340.30.150.29-0.010.280.390.20.310.40.360.330.22-0.010.40.320.250.290.410.34-0.21
0.50.330.250.540.50.32-0.50.380.30.530.52-0.010.520.410.820.390.40.040.50.460.250.310.550.84-0.53
0.950.950.980.920.941.0-0.240.97-0.570.870.940.190.880.910.370.990.91-0.720.950.960.290.310.880.4-0.03
0.980.870.80.990.980.89-0.410.93-0.130.910.990.260.910.940.690.940.87-0.480.980.960.410.550.880.7-0.35
0.630.410.30.640.640.43-0.720.460.310.710.640.210.680.561.00.50.430.170.60.590.340.840.40.7-0.72
-0.23-0.070.1-0.23-0.26-0.050.47-0.05-0.5-0.29-0.27-0.19-0.21-0.27-0.75-0.130.02-0.5-0.2-0.17-0.21-0.53-0.03-0.35-0.72
Click cells to compare fundamentals

Synopsys Account Relationship Matchups

Synopsys fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.0B8.8B9.4B10.3B11.9B12.5B
Short Long Term Debt Total663.5M666.8M656.4M687.8M791.0M830.5M
Other Current Liab576.1M640.1M828.8M741.1M852.3M894.9M
Total Current Liabilities2.1B2.4B2.8B3.0B3.4B3.6B
Total Stockholder Equity4.9B5.3B5.5B6.1B7.1B7.4B
Property Plant And Equipment Net949.6M965.6M1.0B1.1B1.3B1.4B
Net Debt(572.2M)(766.1M)(761.2M)(751.1M)(676.0M)(709.8M)
Retained Earnings3.8B4.5B5.5B6.7B7.8B8.1B
Accounts Payable30.0M27.4M37.6M155.9M179.3M197.9M
Cash1.2B1.4B1.4B1.4B1.7B1.7B
Non Current Assets Total5.5B5.9B6.4B6.9B7.9B8.3B
Non Currrent Assets Other406.0M492.3M(953.9M)471.0M541.6M568.7M
Cash And Short Term Investments1.2B1.6B1.6B1.6B1.8B1.9B
Net Receivables995.3M568.5M796.1M947.0M1.1B1.1B
Common Stock Shares Outstanding155.7M157.3M156.5M155.2M178.5M146.0M
Liabilities And Stockholders Equity8.0B8.8B9.4B10.3B11.9B12.5B
Non Current Liabilities Total977.8M1.0B1.1B1.2B1.3B1.4B
Other Current Assets125.9M430.0M439.1M567.5M652.6M685.3M
Other Stockholder Equity1.2B793.5M214.2M(399.5M)(459.4M)(436.5M)
Total Liab3.1B3.5B3.9B4.1B4.8B5.0B
Total Current Assets2.5B2.8B3.0B3.4B3.9B4.1B
Short Term Debt173.4M234.3M108.5M155.2M178.5M93.6M
Intangible Assets254.3M279.1M386.4M374.2M430.3M324.9M
Property Plant And Equipment Gross949.6M965.6M1.0B1.1B1.3B1.4B
Accumulated Other Comprehensive Income(54.1M)(49.6M)(234.3M)(196.4M)(176.8M)(167.9M)
Good Will3.4B3.6B3.8B4.1B4.7B4.9B
Common Stock Total Equity1.5M1.5M1.5M1.5M1.8M1.5M
Common Stock1.5M1.5M1.5M1.5M1.7M1.5M
Other Liab443.7M414.5M527.7M482.3M554.6M280.2M
Other Assets775.2M898.6M1.1B1.1B1.3B1.4B
Long Term Debt100.8M25.1M20.8M18.1M20.8M19.8M
Treasury Stock(597.7M)(625.6M)(488.6M)(782.9M)(704.6M)(669.4M)
Property Plant Equipment429.5M483.8M965.6M1.0B1.2B1.3B
Current Deferred Revenue1.4B1.5B1.9B1.8B2.0B2.1B
Inventory192.3M229.0M211.9M325.6M374.4M393.1M
Net Tangible Assets632.5M1.3B1.4B1.3B1.5B1.6B
Retained Earnings Total Equity3.2B3.8B4.5B5.5B6.4B6.7B

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Additional Tools for Synopsys Stock Analysis

When running Synopsys' price analysis, check to measure Synopsys' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Synopsys is operating at the current time. Most of Synopsys' value examination focuses on studying past and present price action to predict the probability of Synopsys' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Synopsys' price. Additionally, you may evaluate how the addition of Synopsys to your portfolios can decrease your overall portfolio volatility.