Box Free Cash Flow vs Enterprise Value Analysis
BOX Stock | USD 26.47 0.22 0.84% |
Box financial indicator trend analysis is way more than just evaluating Box Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Box Inc is a good investment. Please check the relationship between Box Free Cash Flow and its Enterprise Value accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Box Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
Free Cash Flow vs Enterprise Value
Free Cash Flow vs Enterprise Value Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Box Inc Free Cash Flow account and Enterprise Value. At this time, the significance of the direction appears to have strong relationship.
The correlation between Box's Free Cash Flow and Enterprise Value is 0.6. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Enterprise Value in the same time period over historical financial statements of Box Inc, assuming nothing else is changed. The correlation between historical values of Box's Free Cash Flow and Enterprise Value 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 Box Inc are associated (or correlated) with its Enterprise Value. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Enterprise Value has no effect on the direction of Free Cash Flow i.e., Box's Free Cash Flow and Enterprise Value go up and down completely randomly.
Correlation Coefficient | 0.6 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.Enterprise Value
Enterprise Value (or EV) is usually referred to as Box theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Box Inc debt, but would also pocket its cash. Enterprise Value is more accurate representation of Box value than its market capitalization because it takes into account all of Box Inc existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.Most indicators from Box's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Box Inc 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 Box Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. At this time, Box's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 39.63 in 2024, whereas Selling General Administrative is likely to drop slightly above 95.8 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 624.8M | 738.3M | 777.1M | 438.8M | Total Revenue | 874.3M | 990.9M | 1.0B | 603.6M |
Box fundamental ratios Correlations
Click cells to compare fundamentals
Box Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Box fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 955.1M | 1.4B | 1.4B | 1.2B | 1.2B | 849.4M | |
Short Long Term Debt Total | 424.5M | 648.2M | 642.3M | 564.4M | 491.8M | 293.7M | |
Other Current Liab | 59.3M | 66.7M | 54.7M | 44.1M | 36.9M | 53.9M | |
Total Current Liabilities | 578.5M | 612.8M | 719.0M | 715.8M | 679.3M | 463.5M | |
Total Stockholder Equity | 22.4M | 151.1M | 92.8M | (33.9M) | 61.0M | 64.1M | |
Other Liab | 30.6M | 37.3M | 23.8M | 35.0M | 40.3M | 43.8M | |
Property Plant And Equipment Net | 388.8M | 354.4M | 278.6M | 201.1M | 130.7M | 181.7M | |
Current Deferred Revenue | 407.5M | 443.9M | 519.5M | 544.2M | 562.9M | 343.3M | |
Net Debt | 229.0M | 53.1M | 226.1M | 136.0M | 107.5M | 112.9M | |
Retained Earnings | (1.3B) | (1.3B) | (1.4B) | (1.3B) | (1.2B) | (1.3B) | |
Accounts Payable | 16.8M | 4.5M | 58.9M | 50.5M | 52.7M | 55.4M | |
Cash | 195.6M | 595.1M | 416.3M | 428.5M | 384.3M | 309.4M | |
Non Current Assets Total | 497.4M | 472.4M | 475.4M | 400.4M | 444.8M | 293.8M | |
Non Currrent Assets Other | 89.9M | 99.3M | (47.6M) | 125.4M | 161.7M | 169.8M | |
Other Assets | 69.6M | 74.4M | 122.4M | 125.4M | 1.0 | 0.95 | |
Cash And Short Term Investments | 195.6M | 595.1M | 586.3M | 461.2M | 481.2M | 337.6M | |
Net Receivables | 209.4M | 228.3M | 256.3M | 264.5M | 281.5M | 175.5M | |
Common Stock Shares Outstanding | 147.8M | 155.8M | 155.6M | 150.2M | 148.6M | 136.5M | |
Liabilities And Stockholders Equity | 955.1M | 1.4B | 1.4B | 1.2B | 1.2B | 849.4M | |
Non Current Liabilities Total | 354.3M | 587.8M | 580.2M | 525.2M | 500.9M | 358.0M | |
Other Current Assets | 4.2M | 3.4M | 74.0M | 33.0M | 33.7M | 21.4M | |
Other Stockholder Equity | 1.3B | 1.5B | 972.0M | 819.0M | 785.4M | 893.0M | |
Total Liab | 932.8M | 1.2B | 1.3B | 1.2B | 1.2B | 821.5M | |
Property Plant And Equipment Gross | 388.8M | 354.4M | 278.6M | 201.1M | 208.2M | 188.9M | |
Total Current Assets | 457.7M | 879.3M | 916.6M | 806.8M | 796.4M | 555.6M | |
Accumulated Other Comprehensive Income | (307K) | (938K) | (4.5M) | (7.1M) | (9.7M) | (9.2M) | |
Short Term Debt | 95.0M | 97.7M | 85.8M | 77.1M | 26.8M | 45.0M | |
Intangible Assets | 25.1M | 24.8M | 37.1M | 12.1M | 13.9M | 12.1M | |
Property Plant Equipment | 191.0M | 354.4M | 278.6M | 201.1M | 231.3M | 165.4M | |
Net Tangible Assets | 3.6M | 107.5M | (469.6M) | (107.7M) | (97.0M) | (92.1M) | |
Deferred Long Term Liab | 62.8M | 66.5M | 72.9M | 72.0M | 82.8M | 64.5M | |
Retained Earnings Total Equity | (1.1B) | (1.3B) | (1.4B) | (1.3B) | (1.2B) | (1.3B) | |
Long Term Debt Total | 40M | 358.0M | 388.3M | 369.4M | 424.8M | 446.0M | |
Capital Surpluse | 1.3B | 1.5B | 972.0M | 819.0M | 941.8M | 1.2B |
Pair Trading with Box
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 Box 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 Box will appreciate offsetting losses from the drop in the long position's value.Moving against Box Stock
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The ability to find closely correlated positions to Box could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Box 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 Box - 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 Box Inc to buy it.
The correlation of Box 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 Box moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Box Inc 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 Box 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 Box Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
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Is Box'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 Box. If investors know Box 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 Box 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 4.493 | Earnings Share 0.67 | Revenue Per Share 7.196 | Quarterly Revenue Growth 0.025 | Return On Assets 0.0259 |
The market value of Box Inc is measured differently than its book value, which is the value of Box that is recorded on the company's balance sheet. Investors also form their own opinion of Box's value that differs from its market value or its book value, called intrinsic value, which is Box'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 Box's market value can be influenced by many factors that don't directly affect Box'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 Box's value and its price as these two are different measures arrived at by different means. Investors typically determine if Box is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Box'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.