Sonoco Payout Ratio vs Capex To Revenue Analysis

SON Stock  USD 51.31  0.33  0.64%   
Sonoco Products financial indicator trend analysis is much more than just breaking down Sonoco Products prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sonoco Products is a good investment. Please check the relationship between Sonoco Products Payout Ratio and its Capex To Revenue accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sonoco Products. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in Sonoco Stock, please use our How to Invest in Sonoco Products guide.

Payout Ratio vs Capex To Revenue

Payout Ratio vs Capex To Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sonoco Products Payout Ratio account and Capex To Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Sonoco Products' Payout Ratio and Capex To Revenue is -0.16. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Capex To Revenue in the same time period over historical financial statements of Sonoco Products, assuming nothing else is changed. The correlation between historical values of Sonoco Products' Payout Ratio and Capex To Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payout Ratio of Sonoco Products are associated (or correlated) with its Capex To Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Revenue has no effect on the direction of Payout Ratio i.e., Sonoco Products' Payout Ratio and Capex To Revenue go up and down completely randomly.

Correlation Coefficient

-0.16
Relationship DirectionNegative 
Relationship StrengthInsignificant

Payout Ratio

Payout Ratio is the proportion of Sonoco Products earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Sonoco Products dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Sonoco Products is paying out more in dividends than it makes in net income.

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.
Most indicators from Sonoco Products' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sonoco Products 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 Sonoco Products. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in Sonoco Stock, please use our How to Invest in Sonoco Products guide.As of the 29th of November 2024, Enterprise Value is likely to grow to about 3.7 B, while Selling General Administrative is likely to drop about 480.6 M.
 2021 2022 2023 2024 (projected)
Total Revenue5.6B7.3B6.8B3.8B
Depreciation And Amortization239.1M308.8M341.0M178.0M

Sonoco Products fundamental ratios Correlations

0.950.40.660.740.970.920.930.191.00.380.190.710.440.960.910.55-0.130.990.740.340.910.380.740.69-0.61
0.950.320.520.580.980.990.80.040.950.20.040.550.320.980.950.45-0.340.970.630.260.980.20.830.45-0.69
0.40.320.450.550.330.250.330.540.340.070.540.520.060.330.370.520.150.390.620.120.230.180.080.490.02
0.660.520.450.830.50.470.680.470.610.670.470.85-0.050.470.650.370.010.670.90.840.380.580.060.650.14
0.740.580.550.830.630.540.790.380.710.450.380.970.050.610.640.630.170.710.940.440.510.640.290.79-0.04
0.970.980.330.50.630.970.870.020.980.220.020.60.430.990.910.51-0.260.970.620.180.970.270.850.55-0.73
0.920.990.250.470.540.970.77-0.080.940.14-0.080.520.30.970.940.44-0.390.940.580.20.990.190.850.4-0.71
0.930.80.330.680.790.870.770.260.930.50.260.760.460.840.770.41-0.040.90.720.370.770.480.620.76-0.51
0.190.040.540.470.380.02-0.080.260.120.441.00.290.120.040.030.10.390.170.460.48-0.070.12-0.20.420.22
1.00.950.340.610.710.980.940.930.120.370.120.680.460.970.90.54-0.160.990.690.290.930.350.790.66-0.66
0.380.20.070.670.450.220.140.50.440.370.440.450.120.180.170.10.020.360.40.720.090.350.030.450.02
0.190.040.540.470.380.02-0.080.261.00.120.440.290.120.040.030.10.390.170.460.48-0.070.12-0.20.420.22
0.710.550.520.850.970.60.520.760.290.680.450.290.020.580.650.590.160.690.940.480.480.760.210.80.04
0.440.320.06-0.050.050.430.30.460.120.460.120.120.020.440.220.350.410.4-0.02-0.210.370.130.40.55-0.6
0.960.980.330.470.610.990.970.840.040.970.180.040.580.440.90.53-0.210.970.620.140.980.280.850.56-0.73
0.910.950.370.650.640.910.940.770.030.90.170.030.650.220.90.44-0.320.940.740.370.890.320.640.5-0.48
0.550.450.520.370.630.510.440.410.10.540.10.10.590.350.530.440.40.530.56-0.060.450.420.350.67-0.22
-0.13-0.340.150.010.17-0.26-0.39-0.040.39-0.160.020.390.160.41-0.21-0.320.4-0.180.1-0.13-0.330.46-0.420.540.34
0.990.970.390.670.710.970.940.90.170.990.360.170.690.40.970.940.53-0.180.740.360.930.370.740.64-0.6
0.740.630.620.90.940.620.580.720.460.690.40.460.94-0.020.620.740.560.10.740.580.520.630.20.730.05
0.340.260.120.840.440.180.20.370.480.290.720.480.48-0.210.140.37-0.06-0.130.360.580.10.31-0.170.270.29
0.910.980.230.380.510.970.990.77-0.070.930.09-0.070.480.370.980.890.45-0.330.930.520.10.150.90.4-0.78
0.380.20.180.580.640.270.190.480.120.350.350.120.760.130.280.320.420.460.370.630.310.15-0.120.750.25
0.740.830.080.060.290.850.850.62-0.20.790.03-0.20.210.40.850.640.35-0.420.740.2-0.170.9-0.120.19-0.94
0.690.450.490.650.790.550.40.760.420.660.450.420.80.550.560.50.670.540.640.730.270.40.750.19-0.12
-0.61-0.690.020.14-0.04-0.73-0.71-0.510.22-0.660.020.220.04-0.6-0.73-0.48-0.220.34-0.60.050.29-0.780.25-0.94-0.12
Click cells to compare fundamentals

Sonoco Products Account Relationship Matchups

Sonoco Products fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.1B5.3B5.1B7.1B7.2B7.6B
Short Long Term Debt Total1.7B1.7B1.6B3.5B3.3B3.5B
Other Current Liab(5.7M)459.4M381.4M405.7M400.0M235.4M
Total Current Liabilities1.4B1.5B1.5B1.8B1.2B744.8M
Total Stockholder Equity1.8B1.9B1.8B2.1B2.4B1.3B
Property Plant And Equipment Net1.3B1.2B1.3B2.0B2.2B2.3B
Net Debt1.5B1.1B1.4B3.2B3.2B3.4B
Retained Earnings2.3B2.3B2.1B2.3B2.6B2.8B
Cash145.3M564.8M171.0M227.4M151.9M127.2M
Non Current Assets Total3.6B3.4B3.4B4.7B5.1B5.4B
Non Currrent Assets Other500.6M491.4M514.4M178.3M224.9M250.4M
Cash And Short Term Investments145.3M564.8M171.0M227.4M151.9M127.2M
Net Receivables811.9M762.4M851.6M962.2M1.0B516.6M
Common Stock Shares Outstanding101.2M101.2M99.6M98.7M98.9M110.4M
Liabilities And Stockholders Equity5.1B5.3B5.1B7.1B7.2B7.6B
Non Current Liabilities Total1.9B1.9B1.7B3.2B3.6B3.8B
Inventory503.8M450.7M562.1M1.1B773.5M812.2M
Other Current Assets60.2M52.6M74.0M76.1M113.4M69.2M
Other Stockholder Equity323.8M314.1M119.7M140.5M159.0M167.0M
Total Liab3.3B3.4B3.2B5.0B4.8B5.0B
Total Current Assets1.5B1.8B1.7B2.4B2.1B1.1B
Short Term Debt488.2M507.9M411.6M502.4M47.1M44.8M
Intangible Assets388.3M321.9M278.1M741.6M853.7M896.4M
Accounts Payable904.9M536.9M721.3M818.9M707.5M485.4M
Property Plant And Equipment Gross1.5B1.2B1.3B2.0B5.3B5.5B
Accumulated Other Comprehensive Income(816.8M)(756.8M)(359.4M)(430.1M)(366.3M)(384.6M)
Other Liab459.0M610.7M498.8M265.5M305.3M426.2M
Other Assets113.0M1.1B12.1M267.6M1.00.95
Long Term Debt1.2B1.2B1.2B2.7B3.0B3.2B
Good Will1.4B1.4B1.3B1.7B1.8B1.1B
Property Plant Equipment1.3B1.2B1.3B2.0B2.3B1.2B
Current Deferred Revenue17.0M16.7M19.0M22.4M20.2M21.2M
Net Tangible Assets239.0M450.5M246.9M(351.1M)(316.0M)(300.2M)
Noncontrolling Interest In Consolidated Entity13.2M13.0M10.9M12.1M10.9M12.6M
Retained Earnings Total Equity2.2B2.3B2.3B2.1B2.4B2.0B
Long Term Debt Total1.2B1.2B1.2B2.7B3.1B3.3B

Pair Trading with Sonoco Products

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Sonoco Products position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Sonoco Products will appreciate offsetting losses from the drop in the long position's value.

Moving together with Sonoco Stock

  0.88AVY Avery Dennison CorpPairCorr

Moving against Sonoco Stock

  0.83PKG Packaging Corp Fiscal Year End 22nd of January 2025 PairCorr
  0.79IP International PaperPairCorr
  0.75KRT Karat PackagingPairCorr
  0.71AS Amer Sports,PairCorr
  0.7BERY Berry Global GroupPairCorr
The ability to find closely correlated positions to Sonoco Products could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sonoco Products when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Sonoco Products - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Sonoco Products to buy it.
The correlation of Sonoco Products is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sonoco Products moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sonoco Products moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Sonoco Products can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Sonoco Products offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sonoco Products' 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 Sonoco Products Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sonoco Products Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sonoco Products. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in Sonoco Stock, please use our How to Invest in Sonoco Products guide.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Paper & Plastic Packaging Products & Materials 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 Sonoco Products. If investors know Sonoco 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 Sonoco Products 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
(0.61)
Dividend Share
2.06
Earnings Share
2.91
Revenue Per Share
66.695
Quarterly Revenue Growth
(0.02)
The market value of Sonoco Products is measured differently than its book value, which is the value of Sonoco that is recorded on the company's balance sheet. Investors also form their own opinion of Sonoco Products' value that differs from its market value or its book value, called intrinsic value, which is Sonoco Products' 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 Sonoco Products' market value can be influenced by many factors that don't directly affect Sonoco Products' 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 Sonoco Products' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sonoco Products is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sonoco Products' 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.