Summit Capex To Revenue from 2010 to 2024

SUM Stock  USD 38.43  0.21  0.54%   
Summit Materials Capex To Revenue yearly trend continues to be very stable with very little volatility. Capex To Revenue is likely to drop to -0.13. Capex To Revenue is the ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets. View All Fundamentals
 
Capex To Revenue  
First Reported
2010-12-31
Previous Quarter
(0.13)
Current Value
(0.13)
Quarterly Volatility
0.02387101
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Summit Materials financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Summit Materials' main balance sheet or income statement drivers, such as Depreciation And Amortization of 177.8 M, Interest Expense of 99 M or Selling General Administrative of 224.9 M, as well as many indicators such as Price To Sales Ratio of 0.82, Dividend Yield of 2.0E-4 or PTB Ratio of 1.42. Summit financial statements analysis is a perfect complement when working with Summit Materials Valuation or Volatility modules.
  
Check out the analysis of Summit Materials Correlation against competitors.
To learn how to invest in Summit Stock, please use our How to Invest in Summit Materials guide.

Latest Summit Materials' Capex To Revenue Growth Pattern

Below is the plot of the Capex To Revenue of Summit Materials over the last few years. It is the ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets. Summit Materials' Capex To Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Summit Materials' overall financial position and show how it may be relating to other accounts over time.
Capex To Revenue10 Years Trend
Slightly volatile
   Capex To Revenue   
       Timeline  

Summit Capex To Revenue Regression Statistics

Arithmetic Mean(0.09)
Coefficient Of Variation(27.25)
Mean Deviation0.02
Median(0.09)
Standard Deviation0.02
Sample Variance0.0006
Range0.081
R-Value(0.82)
Mean Square Error0.0002
R-Squared0.67
Significance0.0002
Slope(0)
Total Sum of Squares0.01

Summit Capex To Revenue History

2023 -0.13
2022 -0.11
2016 -0.0944
2014 -0.0632
2013 -0.072
2012 -0.0491
2011 -0.049

About Summit Materials Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Summit Materials income statement, its balance sheet, and the statement of cash flows. Summit Materials investors use historical funamental indicators, such as Summit Materials's Capex To Revenue, to determine how well the company is positioned to perform in the future. Although Summit Materials investors may use each financial statement separately, they are all related. The changes in Summit Materials's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Summit Materials's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Summit Materials Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Summit Materials. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Capex To Revenue(0.11)(0.13)

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Additional Information and Resources on Investing in Summit Stock

When determining whether Summit Materials is a strong investment it is important to analyze Summit Materials' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Summit Materials' future performance. For an informed investment choice regarding Summit Stock, refer to the following important reports:
Check out the analysis of Summit Materials Correlation against competitors.
To learn how to invest in Summit Stock, please use our How to Invest in Summit Materials guide.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Construction Materials space 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 Summit Materials. If investors know Summit 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 Summit Materials 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
(0.90)
Earnings Share
2.25
Revenue Per Share
22.773
Quarterly Revenue Growth
0.849
Return On Assets
0.0366
The market value of Summit Materials is measured differently than its book value, which is the value of Summit that is recorded on the company's balance sheet. Investors also form their own opinion of Summit Materials' value that differs from its market value or its book value, called intrinsic value, which is Summit Materials' 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 Summit Materials' market value can be influenced by many factors that don't directly affect Summit Materials' 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 Summit Materials' value and its price as these two are different measures arrived at by different means. Investors typically determine if Summit Materials is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Summit Materials' 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.