Universal Ev To Sales vs Ptb Ratio Analysis
UEIC Stock | USD 11.33 0.34 2.91% |
Universal Electronics financial indicator trend analysis is much more than just breaking down Universal Electronics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Universal Electronics is a good investment. Please check the relationship between Universal Electronics Ev To Sales and its Ptb Ratio accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Universal Electronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For information on how to trade Universal Stock refer to our How to Trade Universal Stock guide.
Ev To Sales vs Ptb Ratio
Ev To Sales vs Ptb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Universal Electronics Ev To Sales account and Ptb Ratio. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Universal Electronics' Ev To Sales and Ptb Ratio is 0.95. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Universal Electronics, assuming nothing else is changed. The correlation between historical values of Universal Electronics' Ev To Sales and Ptb 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 Ev To Sales of Universal Electronics are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Ev To Sales i.e., Universal Electronics' Ev To Sales and Ptb Ratio go up and down completely randomly.
Correlation Coefficient | 0.95 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Most indicators from Universal Electronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Universal Electronics 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 Universal Electronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For information on how to trade Universal Stock refer to our How to Trade Universal Stock guide.At present, Universal Electronics' Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 142.8 M, whereas Selling General Administrative is forecasted to decline to about 80.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 173.0M | 152.3M | 97.6M | 102.7M | Total Revenue | 601.6M | 542.8M | 420.5M | 353.9M |
Universal Electronics fundamental ratios Correlations
Click cells to compare fundamentals
Universal Electronics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Universal Electronics fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 564.2M | 510.3M | 510.3M | 504.2M | 355.9M | 289.6M | |
Short Long Term Debt Total | 83.6M | 33.7M | 70.3M | 103.0M | 72.4M | 37.9M | |
Other Current Liab | 94.0M | 66.7M | 59.6M | 46.0M | 42.5M | 32.7M | |
Total Current Liabilities | 266.5M | 179.5M | 216.8M | 216.5M | 161.1M | 108.5M | |
Total Stockholder Equity | 274.4M | 313.3M | 275.9M | 268.4M | 178.9M | 172.8M | |
Property Plant And Equipment Net | 110.6M | 106.8M | 94.5M | 84.4M | 63.3M | 44.5M | |
Net Debt | 9.3M | (23.5M) | 9.5M | 36.3M | 29.6M | 31.1M | |
Retained Earnings | 286.4M | 325.0M | 330.3M | 330.7M | 232.5M | 134.4M | |
Accounts Payable | 102.6M | 83.2M | 92.7M | 71.4M | 57.0M | 46.9M | |
Cash | 74.3M | 57.2M | 60.8M | 66.7M | 42.8M | 44.6M | |
Non Current Assets Total | 185.4M | 183.4M | 173.2M | 166.1M | 97.0M | 87.3M | |
Non Currrent Assets Other | 2.2M | 2.8M | 2.3M | 1.9M | 1.6M | 2.9M | |
Cash And Short Term Investments | 74.3M | 57.2M | 60.8M | 66.7M | 42.8M | 45.3M | |
Net Receivables | 152.6M | 142.4M | 134.6M | 124.5M | 120.5M | 77.3M | |
Common Stock Shares Outstanding | 14.1M | 14.2M | 13.7M | 12.8M | 12.9M | 12.3M | |
Liabilities And Stockholders Equity | 564.2M | 510.3M | 510.3M | 504.2M | 355.9M | 289.6M | |
Non Current Liabilities Total | 23.3M | 17.5M | 17.6M | 19.3M | 15.8M | 9.1M | |
Inventory | 145.1M | 120.4M | 134.5M | 140.2M | 88.3M | 69.5M | |
Other Current Assets | 6.7M | 6.8M | 7.3M | 6.6M | 7.3M | 7.7M | |
Other Stockholder Equity | 10.5M | 6.6M | (41.1M) | (41.4M) | (33.0M) | (31.4M) | |
Total Liab | 289.8M | 197.0M | 234.4M | 235.8M | 177.0M | 116.8M | |
Property Plant And Equipment Gross | 110.6M | 106.8M | 94.5M | 84.4M | 226.6M | 237.9M | |
Total Current Assets | 378.8M | 326.8M | 337.1M | 338.0M | 258.9M | 202.3M | |
Accumulated Other Comprehensive Income | (22.8M) | (18.5M) | (13.5M) | (21.2M) | (20.8M) | (19.7M) | |
Intangible Assets | 19.8M | 19.7M | 20.2M | 24.5M | 25.3M | 15.9M | |
Short Term Debt | 68M | 26.1M | 60.8M | 93.5M | 59.8M | 43.2M | |
Good Will | 48.5M | 48.4M | 48.6M | 48.5M | 49.1M | 0.0 | |
Common Stock Total Equity | 241K | 244K | 247K | 250K | 287.5K | 223.5K | |
Common Stock | 241K | 244K | 247K | 250K | 253K | 225.7K | |
Other Assets | 6.6M | 27.8M | 10.1M | 8.2M | 9.4M | 10.4M | |
Treasury Stock | (277.8M) | (295.5M) | (355.2M) | (368.2M) | (331.4M) | (314.8M) | |
Property Plant Equipment | 90.7M | 87.3M | 94.5M | 62.8M | 72.2M | 56.4M | |
Other Liab | 7.7M | 3.8M | 3.3M | 4.3M | 4.9M | 7.2M | |
Current Deferred Revenue | 1.8M | 1.7M | 1.4M | 1.1M | 3.8M | 2.5M | |
Net Tangible Assets | 206.1M | 245.0M | 207.3M | 194.9M | 224.1M | 225.5M | |
Retained Earnings Total Equity | 286.4M | 325.0M | 330.3M | 330.7M | 380.3M | 283.9M | |
Capital Surpluse | 288.3M | 302.1M | 314.1M | 326.8M | 375.9M | 276.8M |
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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.When determining whether Universal Electronics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Universal Electronics' 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 Universal Electronics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Universal Electronics Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Universal Electronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For information on how to trade Universal Stock refer to our How to Trade Universal Stock guide.You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Consumer Electronics 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 Universal Electronics. If investors know Universal 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 Universal Electronics 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 (0.42) | Earnings Share (2.05) | Revenue Per Share 29.552 | Quarterly Revenue Growth (0.05) | Return On Assets (0) |
The market value of Universal Electronics is measured differently than its book value, which is the value of Universal that is recorded on the company's balance sheet. Investors also form their own opinion of Universal Electronics' value that differs from its market value or its book value, called intrinsic value, which is Universal Electronics' 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 Universal Electronics' market value can be influenced by many factors that don't directly affect Universal Electronics' 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 Universal Electronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Universal Electronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Universal Electronics' 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.