Equinix Financial Ratios Analysis
| EQIX Stock | USD 739.85 5.29 0.72% |
Equinix |
Most ratios from Equinix's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Equinix 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 Equinix Valuation and Equinix Correlation analysis. For more information on how to buy Equinix Stock please use our How to Invest in Equinix guide.At this time, Equinix's Payables Turnover is fairly stable compared to the past year. Days Payables Outstanding is likely to rise to 22.59 in 2024, whereas Price To Sales Ratio is likely to drop 8.75 in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0137 | 0.0192 | 0.0182 | 0.0353 | Price To Sales Ratio | 11.44 | 8.26 | 9.21 | 8.75 |
Equinix fundamentals Correlations
Click cells to compare fundamentals
Equinix Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Equinix fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | 8.83 | 10.44 | 11.44 | 8.26 | 9.21 | 8.75 | |
| Dividend Yield | 0.017 | 0.0151 | 0.0137 | 0.0192 | 0.0182 | 0.0353 | |
| Ptb Ratio | 5.56 | 5.89 | 6.98 | 5.21 | 6.04 | 6.34 | |
| Book Value Per Share | 105.07 | 121.25 | 121.22 | 125.65 | 133.41 | 114.86 | |
| Free Cash Flow Yield | (0.001767) | 4.36E-4 | (0.002691) | 0.0114 | 0.007455 | 0.007828 | |
| Invested Capital | 1.5 | 1.31 | 1.38 | 1.43 | 1.12 | 1.04 | |
| Pb Ratio | 5.56 | 5.89 | 6.98 | 5.21 | 6.04 | 6.34 | |
| Ev To Sales | 10.88 | 12.5 | 13.47 | 10.26 | 11.08 | 10.53 | |
| Roic | 0.0387 | 0.0307 | 0.0351 | 0.0365 | 0.0481 | 0.0505 | |
| Net Income Per Share | 6.03 | 4.22 | 5.57 | 7.69 | 10.35 | 10.87 | |
| Cash Per Share | 22.34 | 18.35 | 18.42 | 21.97 | 22.86 | 21.72 | |
| Pocfratio | 24.65 | 27.12 | 29.81 | 20.24 | 22.55 | 11.35 | |
| Interest Coverage | 2.44 | 2.59 | 3.3 | 3.37 | 3.1 | 1.74 | |
| Payout Ratio | 1.65 | 2.56 | 2.09 | 1.63 | 1.42 | 1.35 | |
| Pfcf Ratio | (565.86) | 2.3K | (371.66) | 87.54 | 134.13 | 87.67 | |
| Income Quality | 3.93 | 6.24 | 5.1 | 4.21 | 3.45 | 3.62 | |
| Roe | 0.0574 | 0.0348 | 0.046 | 0.0612 | 0.0776 | 0.0815 | |
| Pe Ratio | 96.78 | 169.38 | 151.81 | 85.16 | 77.79 | 81.68 | |
| Ev To Free Cash Flow | (697.41) | 2.7K | (437.52) | 108.79 | 161.45 | 107.89 | |
| Earnings Yield | 0.0103 | 0.005904 | 0.006587 | 0.0117 | 0.0129 | 0.0135 | |
| Current Ratio | 1.0 | 1.33 | 1.28 | 1.84 | 1.13 | 1.07 | |
| Receivables Turnover | 8.07 | 8.86 | 9.73 | 8.49 | 6.54 | 7.3 | |
| Graham Number | 119.41 | 107.25 | 123.27 | 147.47 | 176.28 | 201.33 |
Equinix Investors Sentiment
The influence of Equinix's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Equinix. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Equinix's public news can be used to forecast risks associated with an investment in Equinix. The trend in average sentiment can be used to explain how an investor holding Equinix can time the market purely based on public headlines and social activities around Equinix. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Equinix's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Equinix's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Equinix's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Equinix.
Equinix Implied Volatility | 263.07 |
Equinix's implied volatility exposes the market's sentiment of Equinix stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Equinix's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Equinix stock will not fluctuate a lot when Equinix's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Equinix in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Equinix's short interest history, or implied volatility extrapolated from Equinix options trading.
Pair Trading with Equinix
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 Equinix 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 Equinix will appreciate offsetting losses from the drop in the long position's value.Moving against Equinix Stock
| 0.73 | BRT | BRT Realty Trust Financial Report 13th of May 2024 | PairCorr |
| 0.67 | NXRT | Nexpoint Residential Financial Report 23rd of April 2024 | PairCorr |
The ability to find closely correlated positions to Equinix could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Equinix 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 Equinix - 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 Equinix to buy it.
The correlation of Equinix 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 Equinix moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Equinix 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 Equinix 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 Equinix Valuation and Equinix Correlation analysis. For more information on how to buy Equinix Stock please use our How to Invest in Equinix guide.You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Equinix Stock analysis
When running Equinix's price analysis, check to measure Equinix'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 Equinix is operating at the current time. Most of Equinix's value examination focuses on studying past and present price action to predict the probability of Equinix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Equinix's price. Additionally, you may evaluate how the addition of Equinix to your portfolios can decrease your overall portfolio volatility.
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Commodity Directory Find actively traded commodities issued by global exchanges |
Is Equinix'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 Equinix. If investors know Equinix 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 Equinix 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 0.731 | Dividend Share 14.49 | Earnings Share 10.32 | Revenue Per Share 82.834 | Quarterly Revenue Growth 0.154 |
The market value of Equinix is measured differently than its book value, which is the value of Equinix that is recorded on the company's balance sheet. Investors also form their own opinion of Equinix's value that differs from its market value or its book value, called intrinsic value, which is Equinix'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 Equinix's market value can be influenced by many factors that don't directly affect Equinix'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 Equinix's value and its price as these two are different measures arrived at by different means. Investors typically determine if Equinix is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Equinix'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.