Broadridge Price to Sales Ratio vs Free Cash Flow per Share Analysis
BR Stock | USD 192.98 0.47 0.24% |
Broadridge Financial financial indicator trend analysis is way more than just evaluating Broadridge Financial prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Broadridge Financial is a good investment. Please check the relationship between Broadridge Financial Price To Sales Ratio and its Free Cash Flow Per Share accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Broadridge Financial Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Price To Sales Ratio vs Free Cash Flow Per Share
Price to Sales Ratio vs Free Cash Flow per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Broadridge Financial Price to Sales Ratio account and Free Cash Flow per Share. At this time, the significance of the direction appears to have strong relationship.
The correlation between Broadridge Financial's Price to Sales Ratio and Free Cash Flow per Share is 0.62. Overlapping area represents the amount of variation of Price to Sales Ratio that can explain the historical movement of Free Cash Flow per Share in the same time period over historical financial statements of Broadridge Financial Solutions, assuming nothing else is changed. The correlation between historical values of Broadridge Financial's Price to Sales Ratio and Free Cash Flow per Share 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 Broadridge Financial Solutions are associated (or correlated) with its Free Cash Flow per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow per Share has no effect on the direction of Price to Sales Ratio i.e., Broadridge Financial's Price to Sales Ratio and Free Cash Flow per Share go up and down completely randomly.
Correlation Coefficient | 0.62 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Broadridge Financial stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Broadridge Financial sales, a figure that is much harder to manipulate than other Broadridge Financial Solutions 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.Free Cash Flow Per Share
The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.Most indicators from Broadridge Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Broadridge Financial 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 Broadridge Financial Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. As of 04/19/2024, Selling General Administrative is likely to grow to about 1 B, while Tax Provision is likely to drop slightly above 115.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.6B | 1.8B | 2.1B | 2.2B | Total Revenue | 5.7B | 6.1B | 7.0B | 3.7B |
Broadridge Financial fundamental ratios Correlations
Click cells to compare fundamentals
Broadridge Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Broadridge Financial fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.9B | 8.1B | 8.2B | 8.2B | 9.5B | 9.9B | |
Other Current Liab | 560.1M | 813.6M | 824.6M | 862.2M | 776.0M | 814.8M | |
Total Current Liabilities | 1.3B | 1.3B | 1.3B | 2.4B | 2.8B | 2.9B | |
Total Stockholder Equity | 1.3B | 1.8B | 1.9B | 2.2B | 2.6B | 2.7B | |
Other Liab | 526.4M | 1.1B | 915.5M | 1.2B | 1.3B | 1.4B | |
Property Plant And Equipment Net | 161.6M | 177.2M | 150.9M | 145.7M | 167.6M | 132.7M | |
Current Deferred Revenue | 111.2M | 185.3M | 198.5M | 199.8M | 229.8M | 241.3M | |
Net Debt | 1.3B | 3.6B | 3.6B | 3.2B | 3.6B | 3.8B | |
Accounts Payable | 829.9M | 248.9M | 244.9M | 157.3M | 180.9M | 226.6M | |
Cash | 476.6M | 274.5M | 224.7M | 252.3M | 290.1M | 323.5M | |
Non Current Assets Total | 3.6B | 6.9B | 6.8B | 6.8B | 7.9B | 8.3B | |
Non Currrent Assets Other | 1.1B | 1.5B | 1.9B | 829.2M | 953.6M | 509.0M | |
Other Assets | 300K | 200K | (100K) | 1.2B | 1.4B | 1.5B | |
Cash And Short Term Investments | 476.6M | 274.5M | 224.7M | 252.3M | 290.1M | 344.7M | |
Net Receivables | 711.3M | 820.3M | 946.9M | 974M | 876.6M | 601.9M | |
Good Will | 1.7B | 3.7B | 3.5B | 3.5B | 4.0B | 4.2B | |
Common Stock Shares Outstanding | 117M | 117.8M | 118.5M | 119M | 107.1M | 101.5M | |
Short Term Investments | 400K | 500K | 700K | 600K | 630K | 598.5K | |
Liabilities And Stockholders Equity | 4.9B | 8.1B | 8.2B | 8.2B | 9.5B | 9.9B | |
Non Current Liabilities Total | 2.2B | 5.0B | 4.9B | 3.6B | 4.1B | 4.3B | |
Other Current Assets | 140.1M | 166.5M | 156.8M | 166.2M | 149.6M | 131.4M | |
Other Stockholder Equity | (857.2M) | (785.4M) | (680.1M) | (589.3M) | (530.4M) | (503.9M) | |
Total Liab | 3.5B | 6.3B | 6.2B | 6.0B | 6.9B | 7.2B | |
Property Plant And Equipment Gross | 454.2M | 439.2M | 150.9M | 752.2M | 865.0M | 908.3M | |
Total Current Assets | 1.3B | 1.3B | 1.3B | 1.4B | 1.3B | 984.1M | |
Accumulated Other Comprehensive Income | (100.4M) | 9.2M | (226.3M) | (284.7M) | (256.2M) | (243.4M) | |
Short Term Debt | 399.9M | 40.2M | 45.4M | 1.2B | 1.4B | 1.4B | |
Intangible Assets | 583.8M | 1.4B | 1.1B | 1.5B | 1.7B | 1.8B | |
Property Plant Equipment | 454.2M | 177.2M | 150.9M | 145.7M | 167.6M | 150.5M | |
Short Long Term Debt Total | 1.8B | 3.9B | 3.8B | 3.4B | 3.9B | 4.1B | |
Retained Earnings | 2.3B | 2.6B | 2.8B | 3.1B | 3.6B | 3.8B | |
Long Term Debt | 1.4B | 3.9B | 3.8B | 2.2B | 2.6B | 1.3B | |
Treasury Stock | (1.6B) | (2.0B) | (2.0B) | (2.0B) | (1.8B) | (1.7B) | |
Net Tangible Assets | (911.8M) | (3.3B) | (2.6B) | (2.7B) | (2.4B) | (2.3B) | |
Retained Earnings Total Equity | 2.3B | 2.6B | 2.8B | 3.1B | 3.6B | 3.8B | |
Long Term Debt Total | 1.4B | 3.9B | 3.8B | 2.2B | 2.6B | 1.6B | |
Capital Surpluse | 1.2B | 1.2B | 1.3B | 1.4B | 1.7B | 1.1B | |
Inventory | 21.5M | 23.2M | 29.3M | 34.1M | 39.2M | 41.2M |
Pair Trading with Broadridge Financial
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 Broadridge Financial 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 Broadridge Financial will appreciate offsetting losses from the drop in the long position's value.Moving against Broadridge Stock
0.41 | ESGLW | ESGL Holdings Limited | PairCorr |
The ability to find closely correlated positions to Broadridge Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Broadridge Financial 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 Broadridge Financial - 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 Broadridge Financial Solutions to buy it.
The correlation of Broadridge Financial 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 Broadridge Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Broadridge Financial 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 Broadridge Financial 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Broadridge Financial Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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Is Broadridge Financial'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 Broadridge Financial. If investors know Broadridge 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 Broadridge Financial 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 0.229 | Dividend Share 3.05 | Earnings Share 5.73 | Revenue Per Share 53.656 | Quarterly Revenue Growth 0.087 |
The market value of Broadridge Financial is measured differently than its book value, which is the value of Broadridge that is recorded on the company's balance sheet. Investors also form their own opinion of Broadridge Financial's value that differs from its market value or its book value, called intrinsic value, which is Broadridge Financial'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 Broadridge Financial's market value can be influenced by many factors that don't directly affect Broadridge Financial'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 Broadridge Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Broadridge Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Broadridge Financial'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.