Enerpac Invested Capital vs Payout Ratio Analysis
EPAC Stock | USD 36.04 0.80 2.27% |
Enerpac Tool financial indicator trend analysis is much more than just examining Enerpac Tool Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Enerpac Tool Group is a good investment. Please check the relationship between Enerpac Tool Invested Capital and its Payout Ratio accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enerpac Tool Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Invested Capital vs Payout Ratio
Invested Capital vs Payout Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Enerpac Tool Group Invested Capital account and Payout Ratio. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Enerpac Tool's Invested Capital and Payout Ratio is 0.17. Overlapping area represents the amount of variation of Invested Capital that can explain the historical movement of Payout Ratio in the same time period over historical financial statements of Enerpac Tool Group, assuming nothing else is changed. The correlation between historical values of Enerpac Tool's Invested Capital and Payout Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Invested Capital of Enerpac Tool Group are associated (or correlated) with its Payout Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payout Ratio has no effect on the direction of Invested Capital i.e., Enerpac Tool's Invested Capital and Payout Ratio go up and down completely randomly.
Correlation Coefficient | 0.17 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Invested Capital
Invested capital represents the total cash investment that shareholders and debt holders have contributed to Enerpac Tool Group. There are two different methods for calculating Enerpac Tool Group invested capital: operating approach and financing approach. Understanding Enerpac Tool invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.Payout Ratio
Payout Ratio is the proportion of Enerpac Tool Group earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Enerpac Tool Group dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Enerpac Tool Group is paying out more in dividends than it makes in net income.Most indicators from Enerpac Tool's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Enerpac Tool Group 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enerpac Tool Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. At present, Enerpac Tool's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 16.71, whereas Discontinued Operations is forecasted to decline to (8.6 M).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 265.4M | 295.0M | 339.3M | 335.1M | Total Revenue | 571.2M | 598.2M | 687.9M | 907.0M |
Enerpac Tool fundamental ratios Correlations
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Enerpac Tool Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Enerpac Tool fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 824.3M | 820.2M | 757.9M | 762.6M | 877.0M | 1.0B | |
Short Long Term Debt Total | 255M | 175M | 204M | 214.1M | 246.2M | 351.2M | |
Other Current Liab | 46.4M | 57.5M | 68.6M | 90.1M | 103.6M | 78.6M | |
Total Current Liabilities | 105.5M | 134.8M | 152.4M | 148.1M | 170.3M | 208.5M | |
Total Stockholder Equity | 359.2M | 412.2M | 319.7M | 326.6M | 375.6M | 375.4M | |
Property Plant And Equipment Net | 61.4M | 48.6M | 41.4M | 39.0M | 44.8M | 42.6M | |
Net Debt | 102.8M | 34.6M | 83.3M | 59.7M | 68.6M | 65.2M | |
Retained Earnings | 917.7M | 953.3M | 967.9M | 1.0B | 1.2B | 689.4M | |
Cash | 152.2M | 140.4M | 120.7M | 154.4M | 177.6M | 186.5M | |
Non Current Assets Total | 483.2M | 462.8M | 414.9M | 407.0M | 468.0M | 638.5M | |
Non Currrent Assets Other | 78.2M | 82.1M | 66.7M | 64.2M | 73.8M | 77.5M | |
Cash And Short Term Investments | 152.2M | 140.4M | 120.7M | 154.4M | 177.6M | 186.5M | |
Net Receivables | 84.2M | 103.2M | 106.7M | 97.6M | 112.3M | 134.5M | |
Common Stock Shares Outstanding | 60.3M | 60.4M | 59.9M | 57.1M | 65.7M | 50.6M | |
Liabilities And Stockholders Equity | 824.3M | 820.2M | 757.9M | 762.6M | 877.0M | 1.0B | |
Non Current Liabilities Total | 359.5M | 273.3M | 285.7M | 287.9M | 331.0M | 433.0M | |
Inventory | 69.2M | 75.3M | 83.7M | 74.8M | 86.0M | 126.1M | |
Other Current Assets | 35.6M | 38.5M | 31.9M | 28.8M | 33.1M | 27.6M | |
Other Stockholder Equity | (476.8M) | (467.8M) | (533.1M) | (583.5M) | (525.2M) | (498.9M) | |
Total Liab | 465.1M | 408.0M | 438.1M | 436.0M | 501.4M | 641.5M | |
Property Plant And Equipment Gross | 61.4M | 48.6M | 155.7M | 150.6M | 173.2M | 105.7M | |
Total Current Assets | 341.1M | 357.4M | 343.0M | 355.6M | 409.0M | 378.6M | |
Accumulated Other Comprehensive Income | (98.2M) | (89.9M) | (131.8M) | (117.7M) | (106.0M) | (100.7M) | |
Short Term Debt | 11.9M | 11.9M | 4M | 3.8M | 3.4M | 3.2M | |
Intangible Assets | 62.4M | 54.5M | 41.5M | 37.3M | 42.9M | 40.8M | |
Accounts Payable | 45.1M | 62.0M | 72.5M | 50.5M | 58.1M | 96.2M | |
Current Deferred Revenue | 2.1M | 3.4M | 7.4M | 3.8M | 4.3M | 4.1M | |
Common Stock Total Equity | 16.3M | 16.4M | 16.5M | 16.6M | 19.1M | 10.8M | |
Common Stock | 16.5M | 16.6M | 16.7M | 16.8M | 19.3M | 11.3M | |
Good Will | 281.2M | 277.6M | 257.9M | 266.5M | 239.8M | 399.5M | |
Net Tangible Assets | 15.7M | 80.1M | 20.3M | 22.8M | 26.2M | 27.5M | |
Long Term Debt | 255M | 175M | 200M | 210.3M | 189.3M | 331.7M | |
Non Current Liabilities Other | 82.6M | 76.1M | 66.2M | 61.6M | 55.4M | 58.1M | |
Property Plant Equipment | 110.1M | 48.6M | 41.4M | 39.0M | 35.1M | 33.3M |
Pair Trading with Enerpac Tool
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 Enerpac Tool 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 Enerpac Tool will appreciate offsetting losses from the drop in the long position's value.Moving together with Enerpac Stock
0.65 | B | Barnes Group Earnings Call Today | PairCorr |
0.79 | CR | Crane Company Financial Report 8th of May 2024 | PairCorr |
0.75 | HI | Hillenbrand Earnings Call This Week | PairCorr |
0.87 | IR | Ingersoll Rand Financial Report 1st of May 2024 | PairCorr |
Moving against Enerpac Stock
0.87 | ATS | ATS Corporation | PairCorr |
0.57 | BW | Babcock Wilcox Enter Financial Report 8th of May 2024 | PairCorr |
0.53 | RR | Richtech Robotics Class | PairCorr |
The ability to find closely correlated positions to Enerpac Tool could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Enerpac Tool 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 Enerpac Tool - 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 Enerpac Tool Group to buy it.
The correlation of Enerpac Tool 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 Enerpac Tool moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Enerpac Tool Group 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 Enerpac Tool 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enerpac Tool Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Enerpac Tool Group information on this page should be used as a complementary analysis to other Enerpac Tool's 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 ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Complementary Tools for Enerpac Stock analysis
When running Enerpac Tool's price analysis, check to measure Enerpac Tool'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 Enerpac Tool is operating at the current time. Most of Enerpac Tool's value examination focuses on studying past and present price action to predict the probability of Enerpac Tool's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enerpac Tool's price. Additionally, you may evaluate how the addition of Enerpac Tool to your portfolios can decrease your overall portfolio volatility.
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Is Enerpac Tool'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 Enerpac Tool. If investors know Enerpac 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 Enerpac Tool 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 3.458 | Dividend Share 0.04 | Earnings Share 1.36 | Revenue Per Share 10.784 | Quarterly Revenue Growth (0.03) |
The market value of Enerpac Tool Group is measured differently than its book value, which is the value of Enerpac that is recorded on the company's balance sheet. Investors also form their own opinion of Enerpac Tool's value that differs from its market value or its book value, called intrinsic value, which is Enerpac Tool'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 Enerpac Tool's market value can be influenced by many factors that don't directly affect Enerpac Tool'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 Enerpac Tool's value and its price as these two are different measures arrived at by different means. Investors typically determine if Enerpac Tool is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enerpac Tool'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.