SPAR Historical Financial Ratios
SGRP Stock | USD 2.24 0.03 1.36% |
SPAR is promptly reporting on over 110 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 Book Value Per Share of 1.39, Free Cash Flow Yield of 0.25, Invested Capital of 0.0 or Operating Cash Flow Per Share of 0.31 will help investors to properly organize and evaluate SPAR Group financial condition quickly.
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About SPAR Financial Ratios Analysis
SPAR GroupFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate SPAR 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 SPAR financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across SPAR history.
SPAR Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing SPAR Group stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on SPAR sales, a figure that is much harder to manipulate than other SPAR Group 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.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.Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Most ratios from SPAR's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into SPAR Group 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 World Market Map to better understand how to build diversified portfolios, which includes a position in SPAR Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. At this time, SPAR's Days Of Inventory On Hand is relatively stable compared to the past year. As of 11/26/2024, Payables Turnover is likely to grow to 34.91, while Days Sales Outstanding is likely to drop 59.77.
2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 77.32 | 89.01 | 78.69 | 59.77 | PTB Ratio | 1.32 | 1.28 | 0.83 | 0.79 |
SPAR fundamentals Correlations
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SPAR Account Relationship Matchups
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SPAR fundamentals Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Ptb Ratio | 1.43 | 1.1 | 1.32 | 1.28 | 0.83 | 0.79 | |
Days Sales Outstanding | 71.16 | 74.28 | 77.32 | 89.01 | 78.69 | 59.77 | |
Book Value Per Share | 1.2 | 1.5 | 1.83 | 1.76 | 1.72 | 1.39 | |
Free Cash Flow Yield | 0.18 | 0.3 | 0.0347 | (0.24) | 0.24 | 0.25 | |
Operating Cash Flow Per Share | 0.0991 | 0.29 | 0.42 | 0.12 | (0.23) | 0.31 | |
Stock Based Compensation To Revenue | 9.29E-4 | 5.9E-4 | 0.00278 | 0.001324 | 0.00113 | 0.001074 | |
Pb Ratio | 1.43 | 1.1 | 1.32 | 1.28 | 0.83 | 0.79 | |
Free Cash Flow Per Share | 0.23 | 0.34 | 0.0427 | (0.31) | 0.24 | 0.25 | |
Net Income Per Share | 0.28 | 0.42 | 0.094 | 0.0962 | 0.17 | 0.18 | |
Payables Turnover | 22.17 | 23.58 | 23.28 | 19.86 | 21.85 | 34.91 | |
Research And Ddevelopement To Revenue | 0.005141 | 0.005206 | 0.004693 | 0.004593 | 0.004187 | 0.006656 | |
Capex To Revenue | 0.005449 | 0.006941 | 0.006734 | 0.006878 | 0.004727 | 0.004491 | |
Cash Per Share | 0.5 | 0.76 | 0.63 | 0.42 | 0.46 | 0.59 | |
Pocfratio | 4.42 | 2.76 | 9.95 | (5.7) | 3.45 | 3.28 | |
Interest Coverage | 9.74 | 14.09 | 7.15 | 8.63 | 4.9 | 7.17 | |
Capex To Operating Cash Flow | 0.79 | 0.22 | 0.18 | 0.66 | (0.36) | 0.17 | |
Pfcf Ratio | 5.7 | 3.37 | 28.84 | (4.2) | 4.22 | 4.17 | |
Days Payables Outstanding | 16.47 | 15.48 | 15.68 | 18.38 | 16.71 | 13.63 | |
Income Quality | 1.05 | 0.98 | 1.31 | (2.37) | 1.75 | 2.29 | |
Roe | 0.31 | 0.4 | 0.1 | 0.0948 | 0.14 | 0.15 | |
Ev To Operating Cash Flow | 5.19 | 2.45 | 9.97 | (7.88) | 5.31 | 5.04 | |
Pe Ratio | 4.66 | 2.71 | 13.08 | 13.52 | 6.04 | 4.25 | |
Ev To Free Cash Flow | 6.69 | 2.99 | 28.89 | (5.81) | 6.49 | 5.45 | |
Earnings Yield | (0.14) | 0.21 | 0.37 | 0.0765 | 0.074 | 0.17 | |
Intangibles To Total Assets | 0.0809 | 0.0716 | 0.0726 | 0.0396 | 0.0284 | 0.027 | |
Current Ratio | 1.37 | 1.55 | 1.43 | 1.48 | 1.57 | 1.73 | |
Tangible Book Value Per Share | 1.19 | 1.54 | 1.45 | 1.55 | 1.62 | 1.12 | |
Receivables Turnover | 5.13 | 4.91 | 4.72 | 4.1 | 4.64 | 5.68 | |
Graham Number | 2.38 | 3.17 | 1.4 | 1.48 | 2.13 | 2.6 | |
Capex Per Share | 0.0659 | 0.0758 | 0.081 | 0.0813 | 0.0532 | 0.0831 |
Pair Trading with SPAR
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 SPAR 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 SPAR will appreciate offsetting losses from the drop in the long position's value.Moving against SPAR Stock
0.52 | OB | Outbrain | PairCorr |
0.48 | SST | System1 | PairCorr |
0.38 | QBCRF | Quebecor | PairCorr |
0.37 | TH | Target Hospitality Corp | PairCorr |
0.34 | SJ | Scienjoy Holding Corp | PairCorr |
The ability to find closely correlated positions to SPAR could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SPAR 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 SPAR - 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 SPAR Group to buy it.
The correlation of SPAR 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 SPAR moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SPAR Group 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 SPAR 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.Additional Tools for SPAR Stock Analysis
When running SPAR's price analysis, check to measure SPAR's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SPAR is operating at the current time. Most of SPAR's value examination focuses on studying past and present price action to predict the probability of SPAR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SPAR's price. Additionally, you may evaluate how the addition of SPAR to your portfolios can decrease your overall portfolio volatility.