Calavo Enterprise Value vs Net Income Analysis
CVGW Stock | USD 28.41 1.63 6.09% |
Calavo Growers financial indicator trend analysis is way more than just evaluating Calavo Growers prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Calavo Growers is a good investment. Please check the relationship between Calavo Growers Enterprise Value and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Calavo Growers. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. For more information on how to buy Calavo Stock please use our How to Invest in Calavo Growers guide.
Enterprise Value vs Net Income
Enterprise Value vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Calavo Growers Enterprise Value account and Net Income. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Calavo Growers' Enterprise Value and Net Income is 0.4. Overlapping area represents the amount of variation of Enterprise Value that can explain the historical movement of Net Income in the same time period over historical financial statements of Calavo Growers, assuming nothing else is changed. The correlation between historical values of Calavo Growers' Enterprise Value and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Enterprise Value of Calavo Growers are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Enterprise Value i.e., Calavo Growers' Enterprise Value and Net Income go up and down completely randomly.
Correlation Coefficient | 0.4 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Enterprise Value
Enterprise Value (or EV) is usually referred to as Calavo Growers theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Calavo Growers debt, but would also pocket its cash. Enterprise Value is more accurate representation of Calavo Growers value than its market capitalization because it takes into account all of Calavo Growers 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.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Calavo Growers financial statement analysis. It represents the amount of money remaining after all of Calavo Growers operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from Calavo Growers' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Calavo Growers 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 Calavo Growers. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. For more information on how to buy Calavo Stock please use our How to Invest in Calavo Growers guide.At this time, Calavo Growers' Tax Provision is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 35.42 in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.06 in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 73.8M | 70.0M | 80.4M | 73.7M | Total Revenue | 1.2B | 971.9M | 1.1B | 693.0M |
Calavo Growers fundamental ratios Correlations
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Calavo Growers Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Calavo Growers fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 429.6M | 445.4M | 385.7M | 386.9M | 444.9M | 245.6M | |
Short Long Term Debt Total | 92.3M | 109.2M | 66.3M | 98.8M | 113.6M | 119.3M | |
Total Stockholder Equity | 256.0M | 226.9M | 223.4M | 208.8M | 240.2M | 148.0M | |
Net Debt | 88.3M | 107.3M | 64.2M | 96.7M | 111.2M | 116.8M | |
Other Assets | 69.6M | 35.0M | 45.8M | 52.6M | 60.5M | 63.5M | |
Common Stock Shares Outstanding | 17.6M | 17.6M | 17.7M | 17.8M | 20.4M | 16.7M | |
Liabilities And Stockholders Equity | 429.6M | 445.4M | 385.7M | 386.9M | 444.9M | 245.6M | |
Non Current Liabilities Total | 67.3M | 103.9M | 60.4M | 94.9M | 109.1M | 114.6M | |
Other Stockholder Equity | 166.5M | 169.5M | 172.2M | 176.5M | 203.0M | 213.1M | |
Total Liab | 173.6M | 218.5M | 162.4M | 176.6M | 203.1M | 213.3M | |
Other Current Liab | 59.0M | 57.3M | 11M | 57.4M | 12.7M | 12.0M | |
Total Current Liabilities | 106.3M | 114.6M | 102.0M | 81.7M | 94.0M | 74.2M | |
Property Plant And Equipment Net | 190.5M | 178.1M | 167.8M | 160.8M | 184.9M | 194.1M | |
Retained Earnings | 89.5M | 57.4M | 51.1M | 32.3M | 37.2M | 47.3M | |
Accounts Payable | 20.7M | 32.8M | 30.7M | 30.3M | 34.9M | 18.1M | |
Cash | 4.1M | 1.9M | 2.1M | 2.1M | 2.4M | 4.1M | |
Non Current Assets Total | 293.7M | 292.8M | 260.1M | 253.5M | 291.5M | 156.0M | |
Non Currrent Assets Other | 32.6M | 40.5M | 47.2M | 52.5M | 60.3M | 63.3M | |
Cash And Short Term Investments | 4.1M | 1.9M | 2.1M | 2.1M | 2.4M | 4.1M | |
Net Receivables | 74.3M | 90.4M | 62.4M | 62.5M | 71.8M | 52.6M | |
Inventory | 41.8M | 40.8M | 38.8M | 39.4M | 45.3M | 25.5M | |
Other Current Assets | 15.8M | 19.6M | 22.4M | 13.9M | 16.0M | 12.8M | |
Property Plant And Equipment Gross | 190.5M | 178.1M | 167.8M | 276.7M | 318.2M | 334.1M | |
Total Current Assets | 135.9M | 152.6M | 125.7M | 133.4M | 153.4M | 98.1M | |
Short Term Debt | 28.3M | 8.4M | 8.5M | 9.3M | 10.7M | 16.4M | |
Property Plant Equipment | 132.1M | 190.5M | 178.1M | 167.8M | 193.0M | 202.7M | |
Intangible Assets | 10.3M | 8.8M | 7.2M | 5.7M | 6.6M | 5.8M | |
Net Tangible Assets | 265.5M | 215.6M | 189.5M | 186.5M | 214.5M | 195.4M | |
Long Term Debt Total | 5.4M | 5.7M | 5.6M | 4.4M | 4.0M | 4.3M | |
Capital Surpluse | 161.6M | 165M | 168.1M | 171.2M | 196.9M | 144.8M |
Pair Trading with Calavo Growers
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 Calavo Growers 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 Calavo Growers will appreciate offsetting losses from the drop in the long position's value.Moving against Calavo Stock
0.59 | DNUT | Krispy Kreme Sell-off Trend | PairCorr |
0.46 | TSN | Tyson Foods Financial Report 13th of May 2024 | PairCorr |
0.43 | BRID | Bridgford Foods | PairCorr |
The ability to find closely correlated positions to Calavo Growers could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Calavo Growers 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 Calavo Growers - 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 Calavo Growers to buy it.
The correlation of Calavo Growers 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 Calavo Growers moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Calavo Growers 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 Calavo Growers 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 Calavo Growers. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. For more information on how to buy Calavo Stock please use our How to Invest in Calavo Growers guide.Note that the Calavo Growers information on this page should be used as a complementary analysis to other Calavo Growers' 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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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Is Calavo Growers' 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 Calavo Growers. If investors know Calavo 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 Calavo Growers 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 4.286 | Dividend Share 0.4 | Earnings Share (0.58) | Revenue Per Share 54.371 | Quarterly Revenue Growth (0.04) |
The market value of Calavo Growers is measured differently than its book value, which is the value of Calavo that is recorded on the company's balance sheet. Investors also form their own opinion of Calavo Growers' value that differs from its market value or its book value, called intrinsic value, which is Calavo Growers' 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 Calavo Growers' market value can be influenced by many factors that don't directly affect Calavo Growers' 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 Calavo Growers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Calavo Growers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Calavo Growers' 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.