Constellation Price To Sales Ratio vs Capex To Revenue Analysis
STZ Stock | USD 240.76 1.01 0.42% |
Constellation Brands financial indicator trend analysis is way more than just evaluating Constellation Brands prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Constellation Brands is a good investment. Please check the relationship between Constellation Brands Price To Sales 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 Constellation Brands Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Price To Sales Ratio vs Capex To Revenue
Price To Sales Ratio vs Capex To Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Constellation Brands Price To Sales Ratio account and Capex To Revenue. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Constellation Brands' Price To Sales Ratio and Capex To Revenue is 0.85. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Capex To Revenue in the same time period over historical financial statements of Constellation Brands Class, assuming nothing else is changed. The correlation between historical values of Constellation Brands' Price To Sales 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 Price To Sales Ratio of Constellation Brands Class 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 Price To Sales Ratio i.e., Constellation Brands' Price To Sales Ratio and Capex To Revenue go up and down completely randomly.
Correlation Coefficient | 0.85 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Constellation Brands stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Constellation Brands sales, a figure that is much harder to manipulate than other Constellation Brands Class multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.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 Constellation Brands' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Constellation Brands 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 Constellation Brands Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. Sales General And Administrative To Revenue is likely to rise to 0.23 in 2024, whereas Selling General Administrative is likely to drop slightly above 682.4 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 356.4M | 398.7M | 435.4M | 226.3M | Depreciation And Amortization | 424.3M | 476.3M | 429.2M | 450.7M |
Constellation Brands fundamental ratios Correlations
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Constellation Brands Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.Additional Tools for Constellation Stock Analysis
When running Constellation Brands' price analysis, check to measure Constellation Brands' 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 Constellation Brands is operating at the current time. Most of Constellation Brands' value examination focuses on studying past and present price action to predict the probability of Constellation Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Constellation Brands' price. Additionally, you may evaluate how the addition of Constellation Brands to your portfolios can decrease your overall portfolio volatility.