Universal Price To Sales Ratio vs Payout 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 Price To Sales Ratio and its Payout 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.
Price To Sales Ratio vs Payout Ratio
Price To Sales Ratio vs Payout Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Universal Electronics Price To Sales Ratio account and Payout Ratio. At this time, the significance of the direction appears to have weak relationship.
The correlation between Universal Electronics' Price To Sales Ratio and Payout Ratio is 0.31. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Payout 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' Price To Sales Ratio and Payout 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 Price To Sales Ratio of Universal Electronics are associated (or correlated) with its Payout Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payout Ratio has no effect on the direction of Price To Sales Ratio i.e., Universal Electronics' Price To Sales Ratio and Payout Ratio go up and down completely randomly.
Correlation Coefficient | 0.31 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Universal Electronics stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Universal Electronics sales, a figure that is much harder to manipulate than other Universal Electronics 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.Payout Ratio
Payout Ratio is the proportion of Universal Electronics 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 Universal Electronics dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Universal Electronics is paying out more in dividends than it makes in net income.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
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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 |
Also Currently Popular
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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
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.