Stevanato Change In Cash vs Free Cash Flow Per Share Analysis
| STVN Stock | USD 20.03 0.03 0.15% |
Stevanato Group financial indicator trend analysis is much more than just breaking down Stevanato Group SpA prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Stevanato Group SpA is a good investment. Please check the relationship between Stevanato Group Change In Cash and its Free Cash Flow Per Share accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stevanato Group SpA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
Change In Cash vs Free Cash Flow Per Share
Change In Cash vs Free Cash Flow Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Stevanato Group SpA Change In Cash account and Free Cash Flow Per Share. At this time, the significance of the direction appears to have strong relationship.
The correlation between Stevanato Group's Change In Cash and Free Cash Flow Per Share is 0.73. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Free Cash Flow Per Share in the same time period over historical financial statements of Stevanato Group SpA, assuming nothing else is changed. The correlation between historical values of Stevanato Group's Change In Cash and Free Cash Flow 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 Change In Cash of Stevanato Group SpA are associated (or correlated) with its Free Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Per Share has no effect on the direction of Change In Cash i.e., Stevanato Group's Change In Cash and Free Cash Flow Per Share go up and down completely randomly.
Correlation Coefficient | 0.73 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Change In Cash
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.Most indicators from Stevanato Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Stevanato Group SpA 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 Stevanato Group SpA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. Stevanato Group reported last year Issuance Of Capital Stock of (112,000). As of the 29th of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.09, while Tax Provision is likely to drop about 34.2 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 57.7M | 63.6M | 78.5M | 65.2M | Interest Income | 566K | 25M | 812K | 771.4K |
Stevanato Group fundamental ratios Correlations
Click cells to compare fundamentals
Stevanato Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Stevanato Group fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 882.2M | 968.0M | 1.4B | 1.7B | 2.1B | 1.4B | |
| Short Long Term Debt Total | 375.7M | 363.0M | 244.3M | 218.4M | 396.6M | 255.3M | |
| Other Current Liab | 50.1M | 105.0M | 103.3M | 69.9M | 122.6M | 92.2M | |
| Total Current Liabilities | 262.9M | 316.2M | 338.6M | 462.5M | 574.4M | 403.1M | |
| Total Stockholder Equity | 265.5M | 310.5M | 841.7M | 995.9M | 1.1B | 692.6M | |
| Property Plant And Equipment Net | 306.9M | 339.0M | 415.4M | 660.7M | 1.0B | 556.5M | |
| Current Deferred Revenue | 47.5M | 53.4M | 42.4M | 41.4M | 1.7M | 1.6M | |
| Net Debt | 290.3M | 247.4M | (166.8M) | (10.4M) | 327.0M | 343.3M | |
| Accounts Payable | 95.1M | 118.7M | 164.8M | 239.2M | 277.8M | 181.0M | |
| Cash | 85.4M | 115.6M | 411.0M | 228.7M | 69.6M | 66.1M | |
| Non Current Assets Total | 432.6M | 475.2M | 552.9M | 811.1M | 1.2B | 709.3M | |
| Non Currrent Assets Other | 5.9M | 6.0M | 422K | (17K) | 83.8M | 88.0M | |
| Other Assets | 48.1M | 61.6M | (401K) | 2.6M | (997.3K) | (947.5K) | |
| Long Term Debt | 284.2M | 273.9M | 184.0M | 133.8M | 242.0M | 181.7M | |
| Cash And Short Term Investments | 126.3M | 157.1M | 438.2M | 256.6M | 72.2M | 68.6M | |
| Net Receivables | 190.7M | 195.8M | 227.4M | 316.2M | 474.3M | 290.7M | |
| Short Term Investments | 40.9M | 41.5M | 27.2M | 27.9M | 2.6M | 2.4M | |
| Liabilities And Stockholders Equity | 882.2M | 968.0M | 1.4B | 1.7B | 2.1B | 1.4B | |
| Non Current Liabilities Total | 353.8M | 341.7M | 36.3M | 52.9M | 364.5M | 194.1M | |
| Capital Lease Obligations | 26.1M | 25.6M | 23.1M | 20.0M | 18.9M | 17.9M | |
| Inventory | 131.9M | 139.4M | 148.9M | 213.3M | 255.3M | 181.0M | |
| Other Current Assets | 1K | 435K | 51.5M | 54.8M | 60.0M | 30.6M | |
| Other Stockholder Equity | (248.1M) | (26.2M) | 361.2M | 361.3M | 362.1M | 380.2M | |
| Total Liab | 616.7M | 657.8M | 577.2M | 663.8M | 938.9M | 734.2M | |
| Net Invested Capital | 615.0M | 647.9M | 1.1B | 1.2B | 1.5B | 1.0B | |
| Long Term Investments | 4.6M | 3.5M | 2.0M | 1.8M | 5.2M | 2.9M | |
| Property Plant And Equipment Gross | 306.9M | 339.0M | 793.2M | 1.1B | 1.6B | 798.9M | |
| Short Long Term Debt | 65.3M | 63.5M | 37.2M | 64.6M | 135.6M | 76.5M | |
| Total Current Assets | 449.6M | 492.8M | 866.0M | 845.8M | 861.9M | 717.0M | |
| Accumulated Other Comprehensive Income | 206.3M | 212.0M | 686.1M | 831.6M | (9.0M) | (8.6M) | |
| Non Current Liabilities Other | 7.4M | 1.8M | 2.5M | 52.9M | 48.5M | 50.9M | |
| Net Working Capital | 186.6M | 176.6M | 527.3M | 383.3M | 287.5M | 313.9M | |
| Short Term Debt | 70.2M | 73.3M | 42.7M | 70.0M | 141.4M | 82.9M | |
| Intangible Assets | 34.8M | 33.9M | 31.9M | 32.2M | 28.9M | 26.2M |
Pair Trading with Stevanato Group
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 Stevanato Group 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 Stevanato Group will appreciate offsetting losses from the drop in the long position's value.Moving against Stevanato Stock
The ability to find closely correlated positions to Stevanato Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Stevanato Group 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 Stevanato Group - 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 Stevanato Group SpA to buy it.
The correlation of Stevanato Group 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 Stevanato Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Stevanato Group SpA 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 Stevanato Group 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.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stevanato Group SpA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Health Care Equipment & Supplies 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 Stevanato Group. If investors know Stevanato 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 Stevanato Group 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 (0.21) | Dividend Share 0.053 | Earnings Share 0.45 | Revenue Per Share 4.063 | Quarterly Revenue Growth 0.024 |
The market value of Stevanato Group SpA is measured differently than its book value, which is the value of Stevanato that is recorded on the company's balance sheet. Investors also form their own opinion of Stevanato Group's value that differs from its market value or its book value, called intrinsic value, which is Stevanato Group'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 Stevanato Group's market value can be influenced by many factors that don't directly affect Stevanato Group'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 Stevanato Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Stevanato Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Stevanato Group'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.