Texas Free Cash Flow Yield vs Dividend Yield Analysis
TPL Stock | USD 1,637 64.92 4.13% |
Texas Pacific financial indicator trend analysis is much more than just breaking down Texas Pacific Land prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Texas Pacific Land is a good investment. Please check the relationship between Texas Pacific Free Cash Flow Yield and its Dividend Yield accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Texas Pacific Land. 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.
Free Cash Flow Yield vs Dividend Yield
Free Cash Flow Yield vs Dividend Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Texas Pacific Land Free Cash Flow Yield account and Dividend Yield. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Texas Pacific's Free Cash Flow Yield and Dividend Yield is -0.06. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of Texas Pacific Land, assuming nothing else is changed. The correlation between historical values of Texas Pacific's Free Cash Flow Yield and Dividend Yield 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 Yield of Texas Pacific Land are associated (or correlated) with its Dividend Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividend Yield has no effect on the direction of Free Cash Flow Yield i.e., Texas Pacific's Free Cash Flow Yield and Dividend Yield go up and down completely randomly.
Correlation Coefficient | -0.06 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Free Cash Flow Yield
A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.Dividend Yield
Dividend Yield is Texas Pacific Land dividend as a percentage of Texas Pacific stock price. Texas Pacific Land dividend yield is a measure of Texas Pacific stock productivity, which can be interpreted as interest rate earned on an Texas Pacific investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Most indicators from Texas Pacific's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Texas Pacific Land 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 Texas Pacific Land. 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. At this time, Texas Pacific's Selling General Administrative is quite stable compared to the past year. Sales General And Administrative To Revenue is expected to rise to 0.15 this year, although Enterprise Value Over EBITDA will most likely fall to 17.10.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 421.5M | 634.5M | 583.3M | 612.4M | Total Revenue | 451.0M | 667.4M | 631.6M | 663.2M |
Texas Pacific fundamental ratios Correlations
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Texas Pacific Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Texas Pacific fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 598.2M | 571.6M | 764.1M | 877.4M | 1.2B | 1.2B | |
Total Stockholder Equity | 512.1M | 485.2M | 651.7M | 772.9M | 1.0B | 1.1B | |
Retained Earnings | 512.1M | 487.9M | 668.0M | 866.1M | 1.2B | 1.2B | |
Common Stock Shares Outstanding | 23.3M | 23.3M | 23.3M | 23.2M | 23.1M | 24.2M | |
Liabilities And Stockholders Equity | 598.2M | 571.6M | 764.1M | 877.4M | 1.2B | 1.2B | |
Property Plant And Equipment Net | 120.5M | 127.4M | 125.9M | 133.0M | 138.1M | 145.0M | |
Non Current Assets Total | 124.5M | 131.9M | 128.5M | 134.3M | 293.9M | 308.6M | |
Non Currrent Assets Other | 4.0M | 4.5M | 2.5M | 1.3M | (4.7M) | (4.5M) | |
Other Assets | 111.1M | 211.3M | 111.6M | 6.3M | 7.3M | 6.9M | |
Net Receivables | 63.0M | 48.2M | 95.2M | 104.0M | 129.0M | 135.4M | |
Total Current Assets | 473.7M | 439.8M | 635.6M | 743.1M | 862.5M | 905.6M | |
Other Current Liab | (12.8M) | 4.1M | 101K | 454K | 27.3M | 28.7M | |
Total Current Liabilities | 24.5M | 18.7M | 67.5M | 56.8M | 63.1M | 66.2M | |
Net Debt | (300.3M) | (278.2M) | (426.8M) | (508.9M) | (724.0M) | (687.8M) | |
Accounts Payable | 19.2M | 14.7M | 17.9M | 23.4M | 22.5M | 23.6M | |
Cash | 303.6M | 281.0M | 428.2M | 510.8M | 725.2M | 761.4M | |
Cash And Short Term Investments | 303.6M | 281.0M | 428.2M | 510.8M | 725.2M | 761.4M | |
Non Current Liabilities Total | 61.6M | 67.7M | 44.8M | 47.7M | 50.1M | 52.6M | |
Other Stockholder Equity | (512.1M) | (487.9M) | (15.4M) | (95.8M) | (130.4M) | (123.9M) | |
Total Liab | 86.0M | 86.5M | 112.4M | 104.5M | 113.2M | 118.9M | |
Property Plant And Equipment Gross | 120.5M | 79.3M | 166.5M | 185.9M | 200.1M | 210.1M | |
Other Current Assets | (366.6M) | 2.0M | 6.1M | 18.6M | 2.9M | 3.1M | |
Property Plant Equipment | 195.4M | 81.7M | 81.5M | 242.7M | 279.1M | 293.1M | |
Other Liab | 58.2M | 64.9M | 60.0M | 63.0M | 72.4M | 76.1M | |
Accumulated Other Comprehensive Income | (1.5M) | (2.7M) | (1.0M) | 2.5M | 1.8M | 1.9M | |
Current Deferred Revenue | 17.4M | 26.2M | 20.4M | 21.7M | 25.0M | 12.7M | |
Inventory | 107.1M | 108.5M | 109.1M | 109.7M | 5.4M | 5.1M | |
Short Term Debt | 13.4M | 696K | 26.2M | 0.0 | 11.7M | 6.9M | |
Net Tangible Assets | 512.1M | 485.2M | 651.7M | 772.9M | 888.8M | 933.3M | |
Common Stock | 245.8M | 513.6M | 487.9M | 78K | 89.7K | 85.2K | |
Cash And Equivalents | 303.6M | 281.0M | 428.2M | 510.8M | 587.5M | 616.8M | |
Net Invested Capital | 512.1M | 485.2M | 651.7M | 772.9M | 1.0B | 595.4M | |
Net Working Capital | 449.3M | 421.0M | 568.0M | 686.3M | 799.4M | 501.8M |
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Is Oil & Gas Exploration & Production 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 Texas Pacific. If investors know Texas 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 Texas Pacific 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 0.011 | Dividend Share 4.603 | Earnings Share 19.48 | Revenue Per Share 29.861 | Quarterly Revenue Growth 0.099 |
The market value of Texas Pacific Land is measured differently than its book value, which is the value of Texas that is recorded on the company's balance sheet. Investors also form their own opinion of Texas Pacific's value that differs from its market value or its book value, called intrinsic value, which is Texas Pacific'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 Texas Pacific's market value can be influenced by many factors that don't directly affect Texas Pacific'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 Texas Pacific's value and its price as these two are different measures arrived at by different means. Investors typically determine if Texas Pacific is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Texas Pacific'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.