Ampco Free Cash Flow vs Invested Capital Analysis

AP Stock

USD 2.22 0.02 0.91%

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 Invested Capital 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 Invested Capital

Free Cash Flow vs Invested Capital 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 Invested Capital. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Ampco Pittsburgh's Free Cash Flow and Invested Capital is -0.6. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Invested Capital 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 Invested Capital 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 Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Invested Capital has no effect on the direction of Free Cash Flow i.e., Ampco Pittsburgh's Free Cash Flow and Invested Capital go up and down completely randomly.

Correlation Coefficient

-0.6

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Free Cash Flow

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

Invested Capital

Invested capital represents the total cash investment that shareholders and debt holders have contributed to Ampco Pittsburgh. There are two different methods for calculating Ampco Pittsburgh invested capital: operating approach and financing approach. Understanding Ampco Pittsburgh invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.

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 04/19/2024, 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 Expense	3.6M	5.4M	9.3M	9.8M
Depreciation And Amortization	17.9M	17.4M	17.7M	11.7M

Interest Expense Depreciation And Amortization

Ampco Pittsburgh fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Accounts Payable	Common Stock Total Equity	Common Stock	Other Liab
Total Assets		-0.36	0.27	0.46	-0.03	0.56	-0.34	0.13	0.28	0.92	0.23	0.28	0.46	0.13	0.25	0.0	0.28	-0.1	0.29	-0.18	0.62	0.06	0.44	0.09	0.03	0.72
Short Long Term Debt Total	-0.36		0.45	0.31	-0.61	0.01	0.97	-0.75	-0.85	-0.31	0.16	-0.85	0.41	0.5	0.4	0.74	-0.27	0.58	0.49	0.73	-0.28	0.26	0.4	0.49	0.47	-0.3
Other Current Liab	0.27	0.45		0.68	-0.13	0.57	0.45	-0.16	-0.42	0.12	0.23	-0.42	0.54	0.09	-0.09	0.76	0.11	0.46	0.1	0.02	0.43	0.67	0.39	0.07	0.01	-0.21
Total Current Liabilities	0.46	0.31	0.68		-0.54	0.84	0.44	-0.5	-0.57	0.55	0.82	-0.57	0.73	0.33	0.21	0.54	0.0	0.56	0.45	0.09	0.04	0.71	0.81	0.28	0.29	0.25
Total Stockholder Equity	-0.03	-0.61	-0.13	-0.54		-0.2	-0.73	0.95	0.81	-0.31	-0.67	0.81	-0.59	-0.72	-0.7	-0.43	0.41	-0.63	-0.77	-0.55	0.54	-0.19	-0.68	-0.75	-0.76	-0.39
Property Plant And Equipment Net	0.56	0.01	0.57	0.84	-0.2		0.14	-0.15	-0.28	0.59	0.64	-0.28	0.64	0.08	-0.02	0.37	0.26	0.38	0.19	-0.19	0.2	0.48	0.65	0.06	0.06	0.18
Net Debt	-0.34	0.97	0.45	0.44	-0.73	0.14		-0.84	-0.95	-0.22	0.36	-0.95	0.51	0.55	0.4	0.77	-0.28	0.69	0.52	0.69	-0.39	0.32	0.52	0.55	0.55	-0.24
Retained Earnings	0.13	-0.75	-0.16	-0.5	0.95	-0.15	-0.84		0.87	-0.13	-0.61	0.87	-0.52	-0.73	-0.69	-0.48	0.43	-0.63	-0.77	-0.7	0.57	-0.18	-0.68	-0.76	-0.78	-0.22
Cash	0.28	-0.85	-0.42	-0.57	0.81	-0.28	-0.95	0.87		0.09	-0.57	1.0	-0.59	-0.57	-0.37	-0.73	0.27	-0.77	-0.52	-0.57	0.5	-0.37	-0.62	-0.58	-0.6	0.14
Non Current Assets Total	0.92	-0.31	0.12	0.55	-0.31	0.59	-0.22	-0.13	0.09		0.46	0.09	0.48	0.25	0.44	-0.08	0.13	0.0	0.49	-0.11	0.27	0.08	0.56	0.24	0.21	0.86
Non Currrent Assets Other	0.23	0.16	0.23	0.82	-0.67	0.64	0.36	-0.61	-0.57	0.46		-0.57	0.58	0.42	0.24	0.28	-0.17	0.55	0.43	0.09	-0.35	0.48	0.78	0.38	0.45	0.35
Cash And Short Term Investments	0.28	-0.85	-0.42	-0.57	0.81	-0.28	-0.95	0.87	1.0	0.09	-0.57		-0.59	-0.57	-0.37	-0.73	0.27	-0.77	-0.52	-0.57	0.5	-0.37	-0.62	-0.58	-0.6	0.14
Net Receivables	0.46	0.41	0.54	0.73	-0.59	0.64	0.51	-0.52	-0.59	0.48	0.58	-0.59		0.57	0.29	0.71	-0.01	0.64	0.42	0.27	0.19	0.22	0.82	0.52	0.48	0.26
Common Stock Shares Outstanding	0.13	0.5	0.09	0.33	-0.72	0.08	0.55	-0.73	-0.57	0.25	0.42	-0.57	0.57		0.47	0.55	-0.43	0.68	0.49	0.78	-0.17	-0.16	0.71	0.97	0.97	0.29
Non Current Liabilities Total	0.25	0.4	-0.09	0.21	-0.7	-0.02	0.4	-0.69	-0.37	0.44	0.24	-0.37	0.29	0.47		0.01	-0.05	-0.02	0.96	0.59	-0.26	-0.16	0.47	0.5	0.48	0.68
Inventory	0.0	0.74	0.76	0.54	-0.43	0.37	0.77	-0.48	-0.73	-0.08	0.28	-0.73	0.71	0.55	0.01		-0.16	0.81	0.15	0.45	0.14	0.35	0.55	0.51	0.47	-0.31
Other Current Assets	0.28	-0.27	0.11	0.0	0.41	0.26	-0.28	0.43	0.27	0.13	-0.17	0.27	-0.01	-0.43	-0.05	-0.16		-0.47	-0.03	-0.24	0.42	-0.04	-0.07	-0.46	-0.46	0.08
Other Stockholder Equity	-0.1	0.58	0.46	0.56	-0.63	0.38	0.69	-0.63	-0.77	0.0	0.55	-0.77	0.64	0.68	-0.02	0.81	-0.47		0.11	0.36	-0.25	0.34	0.58	0.69	0.69	-0.2
Total Liab	0.29	0.49	0.1	0.45	-0.77	0.19	0.52	-0.77	-0.52	0.49	0.43	-0.52	0.42	0.49	0.96	0.15	-0.03	0.11		0.59	-0.26	0.07	0.63	0.5	0.49	0.63
Property Plant And Equipment Gross	-0.18	0.73	0.02	0.09	-0.55	-0.19	0.69	-0.7	-0.57	-0.11	0.09	-0.57	0.27	0.78	0.59	0.45	-0.24	0.36	0.59		-0.23	-0.19	0.49	0.72	0.72	0.04
Total Current Assets	0.62	-0.28	0.43	0.04	0.54	0.2	-0.39	0.57	0.5	0.27	-0.35	0.5	0.19	-0.17	-0.26	0.14	0.42	-0.25	-0.26	-0.23		-0.01	-0.03	-0.26	-0.33	0.07
Short Term Debt	0.06	0.26	0.67	0.71	-0.19	0.48	0.32	-0.18	-0.37	0.08	0.48	-0.37	0.22	-0.16	-0.16	0.35	-0.04	0.34	0.07	-0.19	-0.01		0.24	-0.2	-0.19	-0.19
Accounts Payable	0.44	0.4	0.39	0.81	-0.68	0.65	0.52	-0.68	-0.62	0.56	0.78	-0.62	0.82	0.71	0.47	0.55	-0.07	0.58	0.63	0.49	-0.03	0.24		0.64	0.66	0.4
Common Stock Total Equity	0.09	0.49	0.07	0.28	-0.75	0.06	0.55	-0.76	-0.58	0.24	0.38	-0.58	0.52	0.97	0.5	0.51	-0.46	0.69	0.5	0.72	-0.26	-0.2	0.64		0.99	0.29
Common Stock	0.03	0.47	0.01	0.29	-0.76	0.06	0.55	-0.78	-0.6	0.21	0.45	-0.6	0.48	0.97	0.48	0.47	-0.46	0.69	0.49	0.72	-0.33	-0.19	0.66	0.99		0.28
Other Liab	0.72	-0.3	-0.21	0.25	-0.39	0.18	-0.24	-0.22	0.14	0.86	0.35	0.14	0.26	0.29	0.68	-0.31	0.08	-0.2	0.63	0.04	0.07	-0.19	0.4	0.29	0.28

Click cells to compare fundamentals

Ampco Pittsburgh Account Relationship Matchups

Ampco Pittsburgh fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	506.6M	463.2M	485.6M	502.8M	565.7M	396.6M
Short Long Term Debt Total	75.1M	41.6M	65.0M	109.0M	133.4M	140.1M
Other Current Liab	43.9M	42.7M	40.6M	57.8M	66.4M	41.6M
Total Current Liabilities	124.2M	105.3M	125.0M	116.2M	116.9M	81.0M
Total Stockholder Equity	48.9M	76.6M	82.6M	104.3M	60.9M	112.0M
Property Plant And Equipment Net	170.7M	166.4M	162.6M	158.5M	163.5M	126.0M
Net Debt	68.2M	24.7M	54.6M	100.3M	126.1M	132.4M
Retained Earnings	(51.3M)	(43.4M)	(56.1M)	(32.3M)	(73.0M)	(69.3M)
Cash	7.0M	16.8M	10.3M	8.7M	7.3M	6.9M
Non Current Assets Total	313.1M	291.4M	297.3M	271.4M	329.0M	215.2M
Non Currrent Assets Other	129.7M	113.0M	124.2M	103.3M	10.0M	9.5M
Cash And Short Term Investments	7.0M	16.8M	10.3M	8.7M	7.3M	6.9M
Net Receivables	97.8M	76.4M	84.8M	93.5M	99.3M	65.2M
Common Stock Shares Outstanding	12.6M	14.6M	19.0M	19.4M	19.6M	12.0M
Liabilities And Stockholders Equity	506.6M	463.2M	485.6M	502.8M	565.7M	396.6M
Non Current Liabilities Total	326.7M	272.9M	268.8M	273.2M	377.2M	396.1M
Inventory	82.3M	73.2M	88.2M	121.7M	124.7M	70.6M
Other Current Assets	6.4M	5.4M	4.9M	7.4M	5.4M	9.6M
Other Stockholder Equity	156.3M	170.3M	174.6M	175.7M	177.2M	122.6M
Total Liab	450.9M	378.2M	393.8M	389.4M	494.1M	518.8M
Property Plant And Equipment Gross	170.7M	162.1M	442.3M	439.6M	469.4M	492.8M
Total Current Assets	193.4M	171.8M	188.3M	231.4M	236.7M	181.4M
Accumulated Other Comprehensive Income	(68.7M)	(68.7M)	(55.1M)	(58.4M)	(63.0M)	(66.1M)
Short Term Debt	21.0M	13.1M	20.6M	13.0M	13.2M	13.9M
Accounts Payable	33.3M	26.7M	44.2M	43.2M	37.2M	21.4M
Common Stock Total Equity	12.7M	18.3M	19.2M	19.4M	22.3M	12.7M
Common Stock	12.7M	18.3M	19.2M	19.4M	19.7M	13.1M
Other Liab	278.8M	272.6M	244.4M	224.5M	258.1M	187.9M
Other Assets	128.5M	122.1M	126.3M	11.2M	12.9M	12.3M
Long Term Debt	50.5M	24.8M	40.9M	93.1M	116.4M	122.2M
Property Plant Equipment	166.4M	166.4M	158.6M	155.0M	178.2M	142.3M
Current Deferred Revenue	26.1M	22.9M	19.6M	2.1M	2.5M	2.3M
Intangible Assets	7.6M	7.2M	6.2M	5.2M	4.9M	4.6M
Net Tangible Assets	41.3M	69.3M	73.3M	99.1M	89.2M	105.2M
Noncontrolling Interest In Consolidated Entity	6.7M	8.4M	9.2M	9.1M	10.4M	11.0M
Retained Earnings Total Equity	(51.3M)	(43.4M)	(56.1M)	(32.3M)	(29.1M)	(27.6M)
Capital Surpluse	156.3M	170.3M	174.6M	175.7M	202.0M	164.0M
Deferred Long Term Liab	543K	1.4M	3.9M	2.5M	2.9M	3.0M

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 Ampco Pittsburgh 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, Ampco Pittsburgh's short interest history, or implied volatility extrapolated from Ampco Pittsburgh options trading.

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

0.73	TG	Tredegar	Pair Corr
0.71	CRS	Carpenter Technology Report 25th of April 2024	Pair Corr
0.7	CMPOW	CompoSecure	Pair Corr
0.63	CMPO	CompoSecure Financial Report 1st of May 2024	Pair Corr
0.63	AL	Air Lease Financial Report 6th of May 2024	Pair Corr

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 Correlation Correlation 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:

How To Invest In Ampco

Details

Is Ampco Stock a good investment?

Details

What is Ampco Pittsburgh's Net Worth?

Details

Largest Metals & Mining Companies

View

Largest Metal Fabrication Companies

View

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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

Complementary Tools for Ampco Stock analysis

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.

	Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets
	Performance Analysis Check effects of mean-variance optimization against your current asset allocation
	Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
	Analyst Advice Analyst recommendations and target price estimates broken down by several categories
	Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Ampco Free Cash Flow vs Invested Capital Analysis

Free Cash Flow vs Invested Capital

Free Cash Flow vs Invested Capital Correlation Analysis

Correlation Coefficient

Free Cash Flow

Invested Capital

Ampco Pittsburgh fundamental ratios Correlations

Ampco Pittsburgh Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Ampco Pittsburgh fundamental ratios Accounts

Pair Trading with Ampco Pittsburgh

Moving against Ampco Stock

Complementary Tools for Ampco Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 0.99	Common Stock Total Equity
Net Debt	+ 0.97	Short Long Term Debt Total
Common Stock Total Equity	+ 0.97	Common Stock Shares Outstanding
Common Stock	+ 0.97	Common Stock Shares Outstanding
Total Liab	+ 0.96	Non Current Liabilities Total

Cash And Short Term Investments	- 0.95	Net Debt
Cash	- 0.95	Net Debt
Cash And Short Term Investments	- 0.85	Short Long Term Debt Total
Cash	- 0.85	Short Long Term Debt Total
Retained Earnings	- 0.84	Net Debt
Common Stock	- 0.78	Retained Earnings