CCL Price To Sales Ratio vs Capex To Depreciation Analysis

CCL-B Stock  CAD 70.25  1.46  2.12%   
CCL Industries financial indicator trend analysis is way more than just evaluating CCL Industries prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CCL Industries is a good investment. Please check the relationship between CCL Industries Price To Sales Ratio and its Capex To Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CCL Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Price To Sales Ratio vs Capex To Depreciation

Price To Sales Ratio vs Capex To Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CCL Industries Price To Sales Ratio account and Capex To Depreciation. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between CCL Industries' Price To Sales Ratio and Capex To Depreciation is 0.54. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of CCL Industries, assuming nothing else is changed. The correlation between historical values of CCL Industries' Price To Sales Ratio and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of CCL Industries are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Price To Sales Ratio i.e., CCL Industries' Price To Sales Ratio and Capex To Depreciation go up and down completely randomly.

Correlation Coefficient

0.54
Relationship DirectionPositive 
Relationship StrengthWeak

Price To Sales Ratio

Price to Sales Ratio is figured by comparing CCL Industries stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on CCL Industries sales, a figure that is much harder to manipulate than other CCL Industries multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period.

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.
Most indicators from CCL Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CCL Industries 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 CCL Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
At this time, CCL Industries' Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 7.9 B in 2024, whereas Selling General Administrative is likely to drop slightly above 728.1 M in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue5.7B6.4B6.6B7.0B
Depreciation And Amortization342.4M365.3M420.1M441.1M

CCL Industries fundamental ratios Correlations

0.80.790.870.650.760.770.590.750.560.790.790.470.790.630.590.78-0.40.620.810.040.760.790.660.540.66
0.80.960.970.860.970.980.790.970.880.971.00.630.970.860.850.980.070.860.990.020.941.00.850.850.91
0.790.960.940.840.890.930.860.890.820.950.970.580.940.830.890.920.050.880.950.10.970.970.810.730.89
0.870.970.940.870.930.950.780.930.830.940.970.540.930.860.830.94-0.130.860.970.070.910.960.860.80.87
0.650.860.840.870.770.780.910.770.950.850.850.640.770.990.940.83-0.050.970.870.180.880.860.890.80.88
0.760.970.890.930.770.990.631.00.830.930.970.580.960.780.730.980.10.750.97-0.060.850.970.820.90.84
0.770.980.930.950.780.990.680.990.820.940.990.570.970.790.770.980.090.780.97-0.030.880.980.830.870.86
0.590.790.860.780.910.630.680.630.840.790.790.620.70.90.970.720.00.960.780.210.920.790.760.590.85
0.750.970.890.930.771.00.990.630.830.920.970.580.950.790.740.980.10.760.96-0.070.850.970.830.90.85
0.560.880.820.830.950.830.820.840.830.860.870.710.80.970.910.890.20.940.89-0.030.870.880.890.890.88
0.790.970.950.940.850.930.940.790.920.860.960.680.980.860.860.940.040.870.980.010.910.970.80.810.89
0.791.00.970.970.850.970.990.790.970.870.960.60.960.850.850.980.070.860.990.040.941.00.850.850.91
0.470.630.580.540.640.580.570.620.580.710.680.60.580.690.630.670.160.640.67-0.140.610.620.550.550.54
0.790.970.940.930.770.960.970.70.950.80.980.960.580.770.780.950.070.790.97-0.020.880.960.780.810.85
0.630.860.830.860.990.780.790.90.790.970.860.850.690.770.950.850.020.970.880.040.880.870.880.830.9
0.590.850.890.830.940.730.770.970.740.910.860.850.630.780.950.80.050.990.850.090.920.860.830.740.93
0.780.980.920.940.830.980.980.720.980.890.940.980.670.950.850.80.120.820.99-0.070.90.980.850.890.86
-0.40.070.05-0.13-0.050.10.090.00.10.20.040.070.160.070.020.050.120.020.07-0.170.090.1-0.050.160.1
0.620.860.880.860.970.750.780.960.760.940.870.860.640.790.970.990.820.020.870.120.920.870.860.770.92
0.810.990.950.970.870.970.970.780.960.890.980.990.670.970.880.850.990.070.87-0.010.930.990.860.860.9
0.040.020.10.070.18-0.06-0.030.21-0.07-0.030.010.04-0.14-0.020.040.09-0.07-0.170.12-0.010.120.030.0-0.140.03
0.760.940.970.910.880.850.880.920.850.870.910.940.610.880.880.920.90.090.920.930.120.950.810.740.93
0.791.00.970.960.860.970.980.790.970.880.971.00.620.960.870.860.980.10.870.990.030.950.850.850.92
0.660.850.810.860.890.820.830.760.830.890.80.850.550.780.880.830.85-0.050.860.860.00.810.850.850.81
0.540.850.730.80.80.90.870.590.90.890.810.850.550.810.830.740.890.160.770.86-0.140.740.850.850.83
0.660.910.890.870.880.840.860.850.850.880.890.910.540.850.90.930.860.10.920.90.030.930.920.810.83
Click cells to compare fundamentals

CCL Industries Account Relationship Matchups

CCL Industries fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding179.1M179.8M180.9M179.2M177.8M190.2M
Total Assets7.0B7.3B7.6B8.7B8.9B9.4B
Short Long Term Debt Total2.4B2.1B1.9B2.4B2.7B2.9B
Other Current Liab496.7M542.8M587.8M568.7M654.0M686.7M
Total Current Liabilities1.1B1.3B1.4B1.5B1.4B778.8M
Total Stockholder Equity2.9B3.3B3.7B4.3B4.6B4.9B
Property Plant And Equipment Net2.0B2.0B2.1B2.4B2.7B2.8B
Net Debt1.7B1.4B1.3B1.5B1.3B841.5M
Retained Earnings2.5B2.9B3.4B3.7B4.1B4.3B
Accounts Payable577.2M633.2M782.2M886.1M801.2M442.1M
Cash695.2M700.3M594.1M831.5M765.1M803.4M
Non Current Assets Total4.9B5.1B5.2B5.8B6.2B6.6B
Non Currrent Assets Other52.4M36M42.1M89.4M25.2M39.5M
Cash And Short Term Investments695.2M700.3M594.1M831.5M956.2M1.0B
Net Receivables883.2M951.8M1.1B1.1B984.7M554.4M
Liabilities And Stockholders Equity7.0B7.3B7.6B8.7B10.0B10.5B
Non Current Liabilities Total3.0B2.8B2.5B2.9B2.9B1.5B
Inventory481.6M533.5M677.3M785.1M732.3M768.9M
Other Stockholder Equity81.5M90.1M103.6M132M118.8M104.3M
Total Liab4.1B4.1B3.9B4.4B4.3B2.3B
Total Current Assets2.1B2.2B2.4B2.8B2.7B2.8B
Accumulated Other Comprehensive Income(89.3M)(142.2M)(241.4M)(65.4M)(58.9M)(61.8M)
Short Term Debt74.1M86M48M46.6M53.6M66.9M
Intangible Assets1.0B1.0B991.1M1.0B1.0B1.1B
Good Will1.8B1.9B2.0B2.2B2.3B2.4B
Other Current Assets45M39.1M54.5M58M66.7M36.8M
Common Stock365.5M396.8M462.1M468.4M538.7M352.9M
Other Liab646.6M783.9M659.5M582.6M670.0M521.3M
Net Tangible Assets74.6M356.1M780.8M1.1B1.2B1.3B
Other Assets83.2M78.7M89.8M160.9M185.0M194.3M
Long Term Debt2.2B1.9B1.7B2.2B2.1B1.8B
Long Term Investments62M66.1M68.4M79.5M85M75.3M
Short Long Term Debt38.8M51.8M15.3M6.6M6.9M6.6M
Property Plant Equipment2.0B2.0B2.1B2.4B2.8B1.7B
Capital Lease Obligations146.2M153.4M144.6M179.6M207.7M116.0M
Net Invested Capital5.2B5.2B5.5B6.4B6.7B6.1B
Net Working Capital957M962.7M1.0B1.3B1.3B1.1B
Capital Stock365.5M396.8M462.1M468.4M520.5M461.9M

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CCL Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Note that the CCL Industries information on this page should be used as a complementary analysis to other CCL Industries' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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Please note, there is a significant difference between CCL Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if CCL Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CCL Industries' 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.