VNP Dividend Yield vs Price To Sales Ratio Analysis

VNP Stock  CAD 6.60  0.15  2.33%   
5N Plus financial indicator trend analysis is way more than just evaluating 5N Plus prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 5N Plus is a good investment. Please check the relationship between 5N Plus Dividend Yield and its Price To Sales Ratio accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in 5N Plus. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Dividend Yield vs Price To Sales Ratio

Dividend Yield vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of 5N Plus Dividend Yield account and Price To Sales Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between 5N Plus' Dividend Yield and Price To Sales Ratio is -0.33. Overlapping area represents the amount of variation of Dividend Yield that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of 5N Plus, assuming nothing else is changed. The correlation between historical values of 5N Plus' Dividend Yield and Price To Sales 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 Dividend Yield of 5N Plus are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Dividend Yield i.e., 5N Plus' Dividend Yield and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

-0.33
Relationship DirectionNegative 
Relationship StrengthInsignificant

Dividend Yield

Dividend Yield is 5N Plus dividend as a percentage of 5N Plus stock price. 5N Plus dividend yield is a measure of 5N Plus stock productivity, which can be interpreted as interest rate earned on an 5N Plus 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.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing 5N Plus stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on 5N Plus sales, a figure that is much harder to manipulate than other 5N Plus 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.
Most indicators from 5N Plus' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 5N Plus 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 5N Plus. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, 5N Plus' Tax Provision is very stable compared to the past year. As of the 25th of November 2024, Enterprise Value Over EBITDA is likely to grow to 9.04, while Selling General Administrative is likely to drop about 24.2 M.
 2021 2022 2023 2024 (projected)
Interest Expense3.7M5.5M8.8M5.5M
Depreciation And Amortization12.8M18.0M16.4M11.6M

5N Plus fundamental ratios Correlations

0.95-0.150.920.950.56-0.30.930.340.690.310.910.650.740.750.770.460.940.920.050.340.980.330.960.810.89
0.95-0.170.850.840.58-0.450.990.420.50.320.950.520.60.780.670.260.970.80.130.460.980.390.860.850.96
-0.15-0.17-0.19-0.20.290.29-0.25-0.53-0.220.44-0.04-0.23-0.320.11-0.270.38-0.04-0.240.30.2-0.090.24-0.19-0.4-0.13
0.920.85-0.190.860.43-0.340.840.240.780.240.780.740.750.640.80.470.80.88-0.10.110.90.250.910.840.75
0.950.84-0.20.860.4-0.20.840.390.750.230.80.690.830.690.770.470.830.97-0.080.210.880.110.970.770.76
0.560.580.290.430.40.130.49-0.350.120.680.75-0.010.170.560.220.640.70.290.580.640.640.820.380.190.69
-0.3-0.450.29-0.34-0.20.13-0.5-0.73-0.050.23-0.3-0.29-0.16-0.21-0.170.56-0.31-0.270.31-0.04-0.34-0.08-0.25-0.6-0.37
0.930.99-0.250.840.840.49-0.50.50.540.170.90.580.630.690.710.180.950.830.020.370.960.30.870.870.92
0.340.42-0.530.240.39-0.35-0.730.50.21-0.390.260.330.270.220.2-0.620.30.44-0.44-0.090.29-0.340.370.590.35
0.690.5-0.220.780.750.12-0.050.540.21-0.070.410.860.790.270.820.430.50.83-0.28-0.330.62-0.150.810.50.39
0.310.320.440.240.230.680.230.17-0.39-0.070.5-0.22-0.040.72-0.090.540.390.030.720.630.360.570.170.040.46
0.910.95-0.040.780.80.75-0.30.90.260.410.50.330.450.850.50.390.960.70.270.580.950.550.770.730.99
0.650.52-0.230.740.69-0.01-0.290.580.330.86-0.220.330.890.150.90.250.480.82-0.36-0.320.59-0.190.80.580.31
0.740.6-0.320.750.830.17-0.160.630.270.79-0.040.450.890.270.90.410.570.88-0.2-0.070.66-0.070.870.610.41
0.750.780.110.640.690.56-0.210.690.220.270.720.850.150.270.250.350.770.540.340.590.760.380.620.640.85
0.770.67-0.270.80.770.22-0.170.710.20.82-0.090.50.90.90.250.410.650.85-0.19-0.050.730.030.870.620.48
0.460.260.380.470.470.640.560.18-0.620.430.540.390.250.410.350.410.380.40.290.210.420.360.450.060.27
0.940.97-0.040.80.830.7-0.310.950.30.50.390.960.480.570.770.650.380.780.250.490.980.480.840.720.96
0.920.8-0.240.880.970.29-0.270.830.440.830.030.70.820.880.540.850.40.78-0.220.010.850.00.980.780.68
0.050.130.3-0.1-0.080.580.310.02-0.44-0.280.720.27-0.36-0.20.34-0.190.290.25-0.220.510.140.53-0.09-0.280.28
0.340.460.20.110.210.64-0.040.37-0.09-0.330.630.58-0.32-0.070.59-0.050.210.490.010.510.380.720.120.190.57
0.980.98-0.090.90.880.64-0.340.960.290.620.360.950.590.660.760.730.420.980.850.140.380.420.910.80.93
0.330.390.240.250.110.82-0.080.3-0.34-0.150.570.55-0.19-0.070.380.030.360.480.00.530.720.420.090.080.52
0.960.86-0.190.910.970.38-0.250.870.370.810.170.770.80.870.620.870.450.840.98-0.090.120.910.090.790.74
0.810.85-0.40.840.770.19-0.60.870.590.50.040.730.580.610.640.620.060.720.78-0.280.190.80.080.790.74
0.890.96-0.130.750.760.69-0.370.920.350.390.460.990.310.410.850.480.270.960.680.280.570.930.520.740.74
Click cells to compare fundamentals

5N Plus Account Relationship Matchups

5N Plus fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets229.9M226.7M373.6M348.0M350.2M339.7M
Short Long Term Debt Total61.3M55.5M148.6M151.4M138.6M102.9M
Other Current Liab17.7M23.1M109K34.7M23.7M12.7M
Total Current Liabilities37.0M36.6M65.1M62.8M81.8M76.0M
Total Stockholder Equity117.3M118.4M136.2M112.8M128.6M114.3M
Property Plant And Equipment Net64.6M58.2M113.7M108.0M113.9M70.2M
Net Debt41.3M15.5M112.7M108.7M103.9M69.0M
Retained Earnings(224.7M)(224.5M)(222.2M)(245.2M)(229.8M)(218.3M)
Accounts Payable17.8M11.9M32.2M14.3M17.9M23.2M
Cash20.1M40.0M35.9M42.7M34.7M24.6M
Non Current Assets Total85.2M75.8M178.1M160.8M168.2M119.5M
Non Currrent Assets Other699K790K1.0M1.4M2.0M2.2M
Other Assets9.6M7.9M8.0M7.4M8.5M7.6M
Cash And Short Term Investments20.1M40.0M35.9M42.7M34.7M29.2M
Net Receivables33.9M35.6M47.2M38.4M35.1M49.6M
Common Stock Shares Outstanding84.7M84.0M82.5M82.8M88.5M77.4M
Liabilities And Stockholders Equity229.9M226.7M373.6M348.0M350.2M339.7M
Non Current Liabilities Total75.6M71.8M172.3M172.4M139.8M106.3M
Inventory83.4M67.1M95.5M86.3M105.9M90.1M
Other Current Assets7.4M8.3M16.9M19.9M3.5M5.6M
Other Stockholder Equity342.7M337.1M337.5M337.0M343.0M360.2M
Total Liab112.6M108.3M237.3M235.2M221.6M182.3M
Property Plant And Equipment Gross64.6M58.2M171.6M176.4M192.4M202.0M
Total Current Assets144.7M150.9M195.5M187.2M182.0M160.1M
Accumulated Other Comprehensive Income(6.8M)(5.7M)(5.2M)(6.0M)(6.5M)(6.2M)
Short Term Debt1.6M1.6M2.5M2.1M26.8M17.6M
Intangible Assets11.0M9.7M40.5M31.6M29.3M22.8M
Common Stock343.5M6.0M5.8M21.0M21.9M20.8M
Other Liab15.9M17.4M26.1M23.1M20.8M19.3M
Net Tangible Assets106.3M108.7M81.9M69.4M62.4M87.5M
Long Term Debt55M50M116M121M83.5M75.5M
Deferred Long Term Liab475K298K305K777K699.3K654.1K
Short Long Term Debt18.7M107K109K25M22.5M11.5M
Property Plant Equipment64.6M58.2M113.7M108.0M124.2M78.5M
Long Term Debt Total59.8M53.9M146.2M149.3M171.7M180.2M
Capital Surpluse342.7M342.8M342.7M343.0M394.4M414.2M

Pair Trading with 5N Plus

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 5N Plus 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 5N Plus will appreciate offsetting losses from the drop in the long position's value.

Moving against VNP Stock

  0.53ELF E L FinancialPairCorr
  0.51FFH-PM Fairfax FinancialPairCorr
  0.45BRK Berkshire Hathaway CDRPairCorr
  0.32TPX-B Molson Coors CanadaPairCorr
The ability to find closely correlated positions to 5N Plus could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace 5N Plus 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 5N Plus - 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 5N Plus to buy it.
The correlation of 5N Plus 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 5N Plus moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if 5N Plus 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 5N Plus 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in VNP Stock

Balance Sheet is a snapshot of the financial position of 5N Plus at a specified time, usually calculated after every quarter, six months, or one year. 5N Plus Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of 5N Plus and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which VNP currently owns. An asset can also be divided into two categories, current and non-current.