Ermenegildo Historical Financial Ratios
ZGN Stock | USD 8.09 0.21 2.66% |
Ermenegildo Zegna is recently reporting on over 95 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Price To Sales Ratio of 1.56, Dividend Yield of 0.0099, PTB Ratio of 2.28 or Days Sales Outstanding of 52.03 will help investors to properly organize and evaluate Ermenegildo Zegna financial condition quickly.
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About Ermenegildo Financial Ratios Analysis
Ermenegildo ZegnaFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Ermenegildo Zegna investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Ermenegildo financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Ermenegildo Zegna history.
Ermenegildo Zegna Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Ermenegildo Zegna stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Ermenegildo Zegna sales, a figure that is much harder to manipulate than other Ermenegildo Zegna NV 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.Dividend Yield
Dividend Yield is Ermenegildo Zegna NV dividend as a percentage of Ermenegildo Zegna stock price. Ermenegildo Zegna dividend yield is a measure of Ermenegildo Zegna stock productivity, which can be interpreted as interest rate earned on an Ermenegildo Zegna 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.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.Average Payables
The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.Most ratios from Ermenegildo Zegna's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Ermenegildo Zegna current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Ermenegildo Zegna NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. At this time, Ermenegildo Zegna's Net Income Per Share is very stable compared to the past year. As of the 29th of November 2024, Days Of Inventory On Hand is likely to grow to 341.84, while PTB Ratio is likely to drop 2.28.
2021 | 2022 | 2023 (projected) | Dividend Yield | 5.7E-5 | 0.009239 | 0.009445 | Price To Sales Ratio | 1.45 | 1.56 | 1.39 |
Ermenegildo Zegna fundamentals Correlations
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Ermenegildo Zegna Account Relationship Matchups
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Ermenegildo Zegna fundamentals Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Dividend Yield | 0.005485 | 0.003915 | 5.7E-5 | 0.009239 | 0.009445 | 0.009917 | |
Ptb Ratio | 3.37 | 0.73 | 3.12 | 3.42 | 3.15 | 2.28 | |
Days Sales Outstanding | 49.23 | 49.94 | 45.29 | 43.33 | 46.08 | 52.03 | |
Book Value Per Share | 3.01 | 12.82 | 3.17 | 3.08 | 3.56 | 5.25 | |
Free Cash Flow Yield | 0.0494 | 0.0718 | 0.0996 | 0.0315 | 0.0745 | 0.0514 | |
Capex To Depreciation | 0.34 | 0.21 | 0.58 | 0.42 | 0.4 | 0.31 | |
Pb Ratio | 3.37 | 0.73 | 3.12 | 3.42 | 3.15 | 2.28 | |
Ev To Sales | 2.45 | 1.18 | 1.92 | 2.0 | 1.76 | 2.23 | |
Free Cash Flow Per Share | 0.47 | 0.63 | 0.92 | 0.31 | 0.78 | 0.49 | |
Roic | 0.0245 | (0.005) | 0.0853 | 0.0828 | 0.13 | 0.14 | |
Net Income Per Share | 0.0897 | (0.93) | (0.63) | 0.22 | 0.48 | 0.5 | |
Days Of Inventory On Hand | 294.8 | 371.36 | 336.38 | 200.15 | 280.41 | 341.84 | |
Payables Turnover | 2.05 | 2.1 | 2.07 | 3.39 | 2.61 | 1.8 | |
Capex To Revenue | 0.045 | 0.0386 | 0.073 | 0.0491 | 0.0409 | 0.0546 | |
Cash Per Share | 2.46 | 12.54 | 3.93 | 2.41 | 1.53 | 1.45 | |
Pocfratio | 13.33 | 6.24 | 6.67 | 15.87 | 9.62 | 11.64 | |
Interest Coverage | 4.73 | (0.26) | 5.8 | 9.22 | 6.78 | 4.21 | |
Payout Ratio | 0.59 | (0.0372) | (8.31E-4) | 0.42 | 0.21 | 0.29 | |
Pfcf Ratio | 20.25 | 13.92 | 10.04 | 31.77 | 13.42 | 14.2 | |
Days Payables Outstanding | 178.42 | 173.58 | 176.7 | 107.56 | 140.1 | 193.27 | |
Income Quality | 6.84 | (1.52) | (2.2) | 2.24 | 2.03 | 2.22 | |
Roe | 0.0316 | (0.0773) | (0.21) | 0.0758 | 0.14 | 0.15 | |
Ev To Operating Cash Flow | 18.62 | 16.95 | 8.83 | 20.38 | 12.17 | 17.3 | |
Pe Ratio | 106.71 | (9.5) | (14.69) | 45.12 | 21.81 | 38.43 | |
Return On Tangible Assets | 0.009799 | (0.023) | (0.0628) | 0.0261 | 0.0554 | 0.0581 | |
Ev To Free Cash Flow | 28.29 | 37.84 | 13.29 | 40.81 | 16.96 | 29.8 | |
Earnings Yield | 0.009371 | (0.11) | (0.0681) | 0.0222 | 0.0459 | 0.0481 | |
Net Debt To E B I T D A | 3.48 | 5.03 | 8.54 | 2.28 | 1.78 | 1.69 | |
Current Ratio | 2.05 | 2.31 | 1.97 | 1.48 | 1.27 | 2.06 | |
Tangible Book Value Per Share | 1.28 | 5.11 | 1.08 | 1.16 | 1.3 | 2.07 | |
Graham Number | 2.4 | 15.78 | 6.46 | 3.73 | 5.99 | 5.0 | |
Shareholders Equity Per Share | 2.84 | 11.96 | 2.95 | 2.86 | 3.32 | 4.91 | |
Debt To Equity | 0.93 | 1.11 | 1.07 | 0.7 | 0.48 | 0.46 |
Pair Trading with Ermenegildo Zegna
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 Ermenegildo Zegna 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 Ermenegildo Zegna will appreciate offsetting losses from the drop in the long position's value.Moving together with Ermenegildo Stock
Moving against Ermenegildo Stock
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0.8 | VSTO | Vista Outdoor | PairCorr |
0.78 | REE | Ree Automotive Holding | PairCorr |
0.77 | KTB | Kontoor Brands | PairCorr |
The ability to find closely correlated positions to Ermenegildo Zegna could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ermenegildo Zegna 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 Ermenegildo Zegna - 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 Ermenegildo Zegna NV to buy it.
The correlation of Ermenegildo Zegna 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 Ermenegildo Zegna moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ermenegildo Zegna 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 Ermenegildo Zegna 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.Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Ermenegildo Zegna NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Apparel, Accessories & Luxury Goods 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 Ermenegildo Zegna. If investors know Ermenegildo 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 Ermenegildo Zegna 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 (0.47) | Dividend Share 0.12 | Earnings Share 0.42 | Revenue Per Share 7.839 | Quarterly Revenue Growth 0.063 |
The market value of Ermenegildo Zegna is measured differently than its book value, which is the value of Ermenegildo that is recorded on the company's balance sheet. Investors also form their own opinion of Ermenegildo Zegna's value that differs from its market value or its book value, called intrinsic value, which is Ermenegildo Zegna'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 Ermenegildo Zegna's market value can be influenced by many factors that don't directly affect Ermenegildo Zegna'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 Ermenegildo Zegna's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ermenegildo Zegna is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ermenegildo Zegna'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.