Ampco Free Cash Flow vs Enterprise Value Analysis

AP Stock  USD 2.09  0.06  2.79%   
Ampco Pittsburgh financial indicator trend analysis is way more than just evaluating Ampco Pittsburgh prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ampco Pittsburgh is a good investment. Please check the relationship between Ampco Pittsburgh Free Cash Flow and its Enterprise Value accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ampco Pittsburgh. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
To learn how to invest in Ampco Stock, please use our How to Invest in Ampco Pittsburgh guide.

Free Cash Flow vs Enterprise Value

Free Cash Flow vs Enterprise Value Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ampco Pittsburgh Free Cash Flow account and Enterprise Value. At this time, the significance of the direction appears to have strong relationship.
The correlation between Ampco Pittsburgh's Free Cash Flow and Enterprise Value is 0.6. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Enterprise Value in the same time period over historical financial statements of Ampco Pittsburgh, assuming nothing else is changed. The correlation between historical values of Ampco Pittsburgh's Free Cash Flow and Enterprise Value is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Ampco Pittsburgh are associated (or correlated) with its Enterprise Value. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Enterprise Value has no effect on the direction of Free Cash Flow i.e., Ampco Pittsburgh's Free Cash Flow and Enterprise Value go up and down completely randomly.

Correlation Coefficient

0.6
Relationship DirectionPositive 
Relationship StrengthSignificant

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Enterprise Value

Enterprise Value (or EV) is usually referred to as Ampco Pittsburgh theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Ampco Pittsburgh debt, but would also pocket its cash. Enterprise Value is more accurate representation of Ampco Pittsburgh value than its market capitalization because it takes into account all of Ampco Pittsburgh existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.
Most indicators from Ampco Pittsburgh's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ampco Pittsburgh 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Ampco Pittsburgh. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
To learn how to invest in Ampco Stock, please use our How to Invest in Ampco Pittsburgh guide.As of 04/25/2024, Enterprise Value is likely to grow to about 170.1 M, while Selling General Administrative is likely to drop slightly above 42.4 M.
 2021 2022 2023 2024 (projected)
Interest Expense3.6M5.4M9.3M9.8M
Depreciation And Amortization17.9M17.4M17.7M11.7M

Ampco Pittsburgh fundamental ratios Correlations

-0.360.270.46-0.030.56-0.340.130.280.920.230.280.460.130.250.00.28-0.10.29-0.180.620.060.440.090.030.72
-0.360.450.31-0.610.010.97-0.75-0.85-0.310.16-0.850.410.50.40.74-0.270.580.490.73-0.280.260.40.490.47-0.3
0.270.450.68-0.130.570.45-0.16-0.420.120.23-0.420.540.09-0.090.760.110.460.10.020.430.670.390.070.01-0.21
0.460.310.68-0.540.840.44-0.5-0.570.550.82-0.570.730.330.210.540.00.560.450.090.040.710.810.280.290.25
-0.03-0.61-0.13-0.54-0.2-0.730.950.81-0.31-0.670.81-0.59-0.72-0.7-0.430.41-0.63-0.77-0.550.54-0.19-0.68-0.75-0.76-0.39
0.560.010.570.84-0.20.14-0.15-0.280.590.64-0.280.640.08-0.020.370.260.380.19-0.190.20.480.650.060.060.18
-0.340.970.450.44-0.730.14-0.84-0.95-0.220.36-0.950.510.550.40.77-0.280.690.520.69-0.390.320.520.550.55-0.24
0.13-0.75-0.16-0.50.95-0.15-0.840.87-0.13-0.610.87-0.52-0.73-0.69-0.480.43-0.63-0.77-0.70.57-0.18-0.68-0.76-0.78-0.22
0.28-0.85-0.42-0.570.81-0.28-0.950.870.09-0.571.0-0.59-0.57-0.37-0.730.27-0.77-0.52-0.570.5-0.37-0.62-0.58-0.60.14
0.92-0.310.120.55-0.310.59-0.22-0.130.090.460.090.480.250.44-0.080.130.00.49-0.110.270.080.560.240.210.86
0.230.160.230.82-0.670.640.36-0.61-0.570.46-0.570.580.420.240.28-0.170.550.430.09-0.350.480.780.380.450.35
0.28-0.85-0.42-0.570.81-0.28-0.950.871.00.09-0.57-0.59-0.57-0.37-0.730.27-0.77-0.52-0.570.5-0.37-0.62-0.58-0.60.14
0.460.410.540.73-0.590.640.51-0.52-0.590.480.58-0.590.570.290.71-0.010.640.420.270.190.220.820.520.480.26
0.130.50.090.33-0.720.080.55-0.73-0.570.250.42-0.570.570.470.55-0.430.680.490.78-0.17-0.160.710.970.970.29
0.250.4-0.090.21-0.7-0.020.4-0.69-0.370.440.24-0.370.290.470.01-0.05-0.020.960.59-0.26-0.160.470.50.480.68
0.00.740.760.54-0.430.370.77-0.48-0.73-0.080.28-0.730.710.550.01-0.160.810.150.450.140.350.550.510.47-0.31
0.28-0.270.110.00.410.26-0.280.430.270.13-0.170.27-0.01-0.43-0.05-0.16-0.47-0.03-0.240.42-0.04-0.07-0.46-0.460.08
-0.10.580.460.56-0.630.380.69-0.63-0.770.00.55-0.770.640.68-0.020.81-0.470.110.36-0.250.340.580.690.69-0.2
0.290.490.10.45-0.770.190.52-0.77-0.520.490.43-0.520.420.490.960.15-0.030.110.59-0.260.070.630.50.490.63
-0.180.730.020.09-0.55-0.190.69-0.7-0.57-0.110.09-0.570.270.780.590.45-0.240.360.59-0.23-0.190.490.720.720.04
0.62-0.280.430.040.540.2-0.390.570.50.27-0.350.50.19-0.17-0.260.140.42-0.25-0.26-0.23-0.01-0.03-0.26-0.330.07
0.060.260.670.71-0.190.480.32-0.18-0.370.080.48-0.370.22-0.16-0.160.35-0.040.340.07-0.19-0.010.24-0.2-0.19-0.19
0.440.40.390.81-0.680.650.52-0.68-0.620.560.78-0.620.820.710.470.55-0.070.580.630.49-0.030.240.640.660.4
0.090.490.070.28-0.750.060.55-0.76-0.580.240.38-0.580.520.970.50.51-0.460.690.50.72-0.26-0.20.640.990.29
0.030.470.010.29-0.760.060.55-0.78-0.60.210.45-0.60.480.970.480.47-0.460.690.490.72-0.33-0.190.660.990.28
0.72-0.3-0.210.25-0.390.18-0.24-0.220.140.860.350.140.260.290.68-0.310.08-0.20.630.040.07-0.190.40.290.28
Click cells to compare fundamentals

Ampco Pittsburgh Account Relationship Matchups

Ampco Pittsburgh fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets506.6M463.2M485.6M502.8M565.7M396.6M
Short Long Term Debt Total75.1M41.6M65.0M109.0M133.4M140.1M
Other Current Liab43.9M42.7M40.6M57.8M66.4M41.6M
Total Current Liabilities124.2M105.3M125.0M116.2M116.9M81.0M
Total Stockholder Equity48.9M76.6M82.6M104.3M60.9M112.0M
Property Plant And Equipment Net170.7M166.4M162.6M158.5M163.5M126.0M
Net Debt68.2M24.7M54.6M100.3M126.1M132.4M
Retained Earnings(51.3M)(43.4M)(56.1M)(32.3M)(73.0M)(69.3M)
Cash7.0M16.8M10.3M8.7M7.3M6.9M
Non Current Assets Total313.1M291.4M297.3M271.4M329.0M215.2M
Non Currrent Assets Other129.7M113.0M124.2M103.3M10.0M9.5M
Cash And Short Term Investments7.0M16.8M10.3M8.7M7.3M6.9M
Net Receivables97.8M76.4M84.8M93.5M99.3M65.2M
Common Stock Shares Outstanding12.6M14.6M19.0M19.4M19.6M12.0M
Liabilities And Stockholders Equity506.6M463.2M485.6M502.8M565.7M396.6M
Non Current Liabilities Total326.7M272.9M268.8M273.2M377.2M396.1M
Inventory82.3M73.2M88.2M121.7M124.7M70.6M
Other Current Assets6.4M5.4M4.9M7.4M5.4M9.6M
Other Stockholder Equity156.3M170.3M174.6M175.7M177.2M122.6M
Total Liab450.9M378.2M393.8M389.4M494.1M518.8M
Property Plant And Equipment Gross170.7M162.1M442.3M439.6M469.4M492.8M
Total Current Assets193.4M171.8M188.3M231.4M236.7M181.4M
Accumulated Other Comprehensive Income(68.7M)(68.7M)(55.1M)(58.4M)(63.0M)(66.1M)
Short Term Debt21.0M13.1M20.6M13.0M13.2M13.9M
Accounts Payable33.3M26.7M44.2M43.2M37.2M21.4M
Common Stock Total Equity12.7M18.3M19.2M19.4M22.3M12.7M
Common Stock12.7M18.3M19.2M19.4M19.7M13.1M
Other Liab278.8M272.6M244.4M224.5M258.1M187.9M
Other Assets128.5M122.1M126.3M11.2M12.9M12.3M
Long Term Debt50.5M24.8M40.9M93.1M116.4M122.2M
Property Plant Equipment166.4M166.4M158.6M155.0M178.2M142.3M
Current Deferred Revenue26.1M22.9M19.6M2.1M2.5M2.3M
Intangible Assets7.6M7.2M6.2M5.2M4.9M4.6M
Net Tangible Assets41.3M69.3M73.3M99.1M89.2M105.2M
Noncontrolling Interest In Consolidated Entity6.7M8.4M9.2M9.1M10.4M11.0M
Retained Earnings Total Equity(51.3M)(43.4M)(56.1M)(32.3M)(29.1M)(27.6M)
Capital Surpluse156.3M170.3M174.6M175.7M202.0M164.0M
Deferred Long Term Liab543K1.4M3.9M2.5M2.9M3.0M

Pair Trading with Ampco Pittsburgh

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 Ampco Pittsburgh 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 Ampco Pittsburgh will appreciate offsetting losses from the drop in the long position's value.

Moving against Ampco Stock

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The ability to find closely correlated positions to Ampco Pittsburgh could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ampco Pittsburgh 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 Ampco Pittsburgh - 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 Ampco Pittsburgh to buy it.
The correlation of Ampco Pittsburgh 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 Ampco Pittsburgh moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ampco Pittsburgh 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 Ampco Pittsburgh 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
When determining whether Ampco Pittsburgh is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Ampco Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Ampco Pittsburgh Stock. Highlighted below are key reports to facilitate an investment decision about Ampco Pittsburgh Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ampco Pittsburgh. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
To learn how to invest in Ampco Stock, please use our How to Invest in Ampco Pittsburgh guide.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.

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When running Ampco Pittsburgh's price analysis, check to measure Ampco Pittsburgh'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 Ampco Pittsburgh is operating at the current time. Most of Ampco Pittsburgh's value examination focuses on studying past and present price action to predict the probability of Ampco Pittsburgh's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ampco Pittsburgh's price. Additionally, you may evaluate how the addition of Ampco Pittsburgh to your portfolios can decrease your overall portfolio volatility.
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Is Ampco Pittsburgh's industry 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 Ampco Pittsburgh. If investors know Ampco 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 Ampco Pittsburgh 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
(0.31)
Earnings Share
(2.04)
Revenue Per Share
21.529
Quarterly Revenue Growth
0.156
Return On Assets
0.0129
The market value of Ampco Pittsburgh is measured differently than its book value, which is the value of Ampco that is recorded on the company's balance sheet. Investors also form their own opinion of Ampco Pittsburgh's value that differs from its market value or its book value, called intrinsic value, which is Ampco Pittsburgh'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 Ampco Pittsburgh's market value can be influenced by many factors that don't directly affect Ampco Pittsburgh'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 Ampco Pittsburgh's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ampco Pittsburgh is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ampco Pittsburgh'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.