West Net Income vs Total Revenue Analysis

WST Stock  USD 360.43  7.75  2.10%   
West Pharmaceutical financial indicator trend analysis is more than just analyzing West Pharmaceutical current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether West Pharmaceutical is a good investment. Please check the relationship between West Pharmaceutical Net Income and its Total Revenue accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in West Pharmaceutical Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

Net Income vs Total Revenue

Net Income vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of West Pharmaceutical Net Income account and Total Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between West Pharmaceutical's Net Income and Total Revenue is 0.95. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Total Revenue in the same time period over historical financial statements of West Pharmaceutical Services, assuming nothing else is changed. The correlation between historical values of West Pharmaceutical's Net Income and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of West Pharmaceutical Services are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Net Income i.e., West Pharmaceutical's Net Income and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in West Pharmaceutical financial statement analysis. It represents the amount of money remaining after all of West Pharmaceutical Services operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Total Revenue

Total revenue comprises all receipts West Pharmaceutical generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from West Pharmaceutical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into West Pharmaceutical 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in West Pharmaceutical Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
At this time, West Pharmaceutical's Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 30.72 in 2024, whereas Enterprise Value is likely to drop slightly above 252.4 M in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue2.8B2.9B2.9B3.1B
Depreciation And Amortization126.1M120.6M137.3M144.2M

West Pharmaceutical fundamental ratios Correlations

0.330.960.980.980.98-0.870.970.970.980.510.970.980.670.120.990.91-0.70.760.990.58-0.350.980.940.540.54
0.330.410.310.170.290.090.130.20.40.230.210.230.490.930.270.240.030.650.23-0.020.730.30.140.30.29
0.960.410.970.930.92-0.830.90.940.940.620.940.960.690.210.960.86-0.590.810.960.47-0.250.980.870.530.53
0.980.310.970.960.96-0.860.960.950.960.520.950.960.650.080.980.92-0.720.760.970.64-0.330.980.930.490.5
0.980.170.930.960.97-0.930.990.980.960.460.980.990.63-0.040.990.91-0.720.660.990.58-0.50.970.960.540.55
0.980.290.920.960.97-0.830.970.930.990.350.930.960.710.10.980.91-0.710.680.960.65-0.350.960.930.580.58
-0.870.09-0.83-0.86-0.93-0.83-0.93-0.95-0.79-0.5-0.95-0.92-0.440.32-0.9-0.790.69-0.5-0.93-0.460.71-0.87-0.89-0.47-0.48
0.970.130.90.960.990.97-0.930.970.940.410.970.970.56-0.090.980.93-0.810.660.980.64-0.510.940.980.460.47
0.970.20.940.950.980.93-0.950.970.920.551.00.980.57-0.030.980.88-0.710.710.990.5-0.480.960.940.510.52
0.980.40.940.960.960.99-0.790.940.920.40.920.950.760.220.970.9-0.640.740.950.59-0.250.970.90.590.6
0.510.230.620.520.460.35-0.50.410.550.40.550.540.290.140.50.45-0.140.550.540.03-0.110.530.450.120.12
0.970.210.940.950.980.93-0.950.971.00.920.550.980.56-0.020.980.88-0.710.710.990.49-0.470.960.940.510.51
0.980.230.960.960.990.96-0.920.970.980.950.540.980.670.030.990.9-0.660.710.990.52-0.450.980.930.550.56
0.670.490.690.650.630.71-0.440.560.570.760.290.560.670.430.670.57-0.060.420.620.280.020.720.480.750.76
0.120.930.210.08-0.040.10.32-0.09-0.030.220.14-0.020.030.430.070.030.260.480.02-0.210.840.1-0.090.170.16
0.990.270.960.980.990.98-0.90.980.980.970.50.980.990.670.070.91-0.70.720.990.57-0.40.980.950.550.55
0.910.240.860.920.910.91-0.790.930.880.90.450.880.90.570.030.91-0.810.730.910.67-0.340.870.950.320.33
-0.70.03-0.59-0.72-0.72-0.710.69-0.81-0.71-0.64-0.14-0.71-0.66-0.060.26-0.7-0.81-0.57-0.71-0.730.45-0.62-0.850.020.01
0.760.650.810.760.660.68-0.50.660.710.740.550.710.710.420.480.720.73-0.570.730.310.130.720.670.150.16
0.990.230.960.970.990.96-0.930.980.990.950.540.990.990.620.020.990.91-0.710.730.53-0.440.970.950.520.53
0.58-0.020.470.640.580.65-0.460.640.50.590.030.490.520.28-0.210.570.67-0.730.310.53-0.290.550.680.120.13
-0.350.73-0.25-0.33-0.5-0.350.71-0.51-0.48-0.25-0.11-0.47-0.450.020.84-0.4-0.340.450.13-0.44-0.29-0.37-0.49-0.16-0.16
0.980.30.980.980.970.96-0.870.940.960.970.530.960.980.720.10.980.87-0.620.720.970.55-0.370.90.590.6
0.940.140.870.930.960.93-0.890.980.940.90.450.940.930.48-0.090.950.95-0.850.670.950.68-0.490.90.370.38
0.540.30.530.490.540.58-0.470.460.510.590.120.510.550.750.170.550.320.020.150.520.12-0.160.590.371.0
0.540.290.530.50.550.58-0.480.470.520.60.120.510.560.760.160.550.330.010.160.530.13-0.160.60.381.0
Click cells to compare fundamentals

West Pharmaceutical Account Relationship Matchups

West Pharmaceutical fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.3B2.8B3.3B3.6B3.8B4.0B
Short Long Term Debt Total329.3M325.7M325.3M317.9M309M227.6M
Other Current Liab145.4M226.9M259.7M228.1M236M247.8M
Total Current Liabilities341.6M503.4M594.1M519M671.8M705.4M
Total Stockholder Equity1.6B1.9B2.3B2.7B2.9B3.0B
Property Plant And Equipment Net909.4M1.0B1.1B1.3B1.5B1.6B
Net Debt(109.8M)(289.8M)(437.3M)(576.4M)(544.9M)(517.7M)
Retained Earnings1.5B1.8B2.5B3.0B3.5B3.7B
Cash439.1M615.5M762.6M894.3M853.9M896.6M
Non Current Assets Total1.3B1.4B1.6B1.7B1.9B2.0B
Non Currrent Assets Other20.5M29M36.3M55.9M38.4M33.8M
Cash And Short Term Investments439.1M615.5M762.6M894.3M853.9M896.6M
Net Receivables319.3M385.3M489M507.4M512M537.6M
Liabilities And Stockholders Equity2.3B2.8B3.3B3.6B3.8B4.0B
Non Current Liabilities Total426.6M435.9M384.3M412.9M276.7M307.8M
Inventory235.7M321.3M378.4M414.8M434.7M456.4M
Other Current Assets64.6M51.6M112M103M135.8M142.6M
Other Stockholder Equity154.6M99.6M19.5M(138.7M)(517.4M)(491.5M)
Total Liab768.2M939.3M978.4M931.9M948.5M995.9M
Total Current Assets1.1B1.4B1.7B1.9B1.9B2.0B
Short Term Debt11.9M12.4M53.5M18.2M151.7M159.3M
Intangible Assets29.8M30.5M23M18.4M15.1M14.3M
Accounts Payable156.8M213.1M232.2M215.4M242.4M254.5M
Property Plant And Equipment Gross909.4M1.0B2.2B2.4B2.8B3.0B
Accumulated Other Comprehensive Income(149.6M)(110.6M)(159.6M)(183M)(143.8M)(151.0M)
Other Liab109.2M117M112.5M113.2M130.2M107.9M
Other Assets43M52.3M104.4M104M93.6M50.4M
Long Term Debt255M252.9M208.8M206.7M72.8M69.2M
Good Will107.8M111.1M109.9M107.3M108.5M103.1M
Treasury Stock(118.1M)(167.7M)(229.5M)(370.9M)(333.8M)(317.1M)
Property Plant Equipment839.3M943.2M1.1B1.2B1.3B1.4B
Current Deferred Revenue27.5M51M48.7M57.3M41.7M38.2M
Net Tangible Assets1.4B1.7B2.1B2.6B2.9B3.1B
Retained Earnings Total Equity1.5B1.8B2.5B3.0B3.4B3.6B
Long Term Debt Total255M252.9M208.8M206.7M186.0M209.4M
Capital Surpluse272.7M267.3M249M232.2M267.0M223.1M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether West Pharmaceutical 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 West 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 West Pharmaceutical Services Stock. Highlighted below are key reports to facilitate an investment decision about West Pharmaceutical Services Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in West Pharmaceutical Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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When running West Pharmaceutical's price analysis, check to measure West Pharmaceutical'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 West Pharmaceutical is operating at the current time. Most of West Pharmaceutical's value examination focuses on studying past and present price action to predict the probability of West Pharmaceutical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move West Pharmaceutical's price. Additionally, you may evaluate how the addition of West Pharmaceutical to your portfolios can decrease your overall portfolio volatility.
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Is West Pharmaceutical'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 West Pharmaceutical. If investors know West 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 West Pharmaceutical 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
0.334
Dividend Share
0.77
Earnings Share
7.87
Revenue Per Share
39.701
Quarterly Revenue Growth
0.033
The market value of West Pharmaceutical is measured differently than its book value, which is the value of West that is recorded on the company's balance sheet. Investors also form their own opinion of West Pharmaceutical's value that differs from its market value or its book value, called intrinsic value, which is West Pharmaceutical'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 West Pharmaceutical's market value can be influenced by many factors that don't directly affect West Pharmaceutical'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 West Pharmaceutical's value and its price as these two are different measures arrived at by different means. Investors typically determine if West Pharmaceutical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, West Pharmaceutical'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.