First Free Cash Flow Yield vs Price To Sales Ratio Analysis

FR Stock

CAD 8.40 0.02 0.24%

First Majestic financial indicator trend analysis is much more than just examining First Majestic Silver latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Majestic Silver is a good investment. Please check the relationship between First Majestic Free Cash Flow Yield and its Price To Sales Ratio accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Majestic Silver. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Free Cash Flow Yield vs Price To Sales Ratio

Free Cash Flow Yield vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Majestic Silver Free Cash Flow Yield account and Price To Sales Ratio. At this time, the significance of the direction appears to have pay attention.

The correlation between First Majestic's Free Cash Flow Yield and Price To Sales Ratio is -0.97. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of First Majestic Silver, assuming nothing else is changed. The correlation between historical values of First Majestic's Free Cash Flow Yield and Price To Sales 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 Free Cash Flow Yield of First Majestic Silver are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Free Cash Flow Yield i.e., First Majestic's Free Cash Flow Yield and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

-0.97

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing First Majestic Silver stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on First Majestic sales, a figure that is much harder to manipulate than other First Majestic Silver 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.

Most indicators from First Majestic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Majestic Silver 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 First Majestic Silver. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

At this time, First Majestic's Selling General Administrative is very stable compared to the past year. As of the 17th of June 2024, Sales General And Administrative To Revenue is likely to grow to 0.12, though Tax Provision is likely to grow to (57.8 M).

First Majestic fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Other Assets	Inventory	Short Long Term Debt Total	Other Current Liab	Short Term Debt	Current Deferred Revenue	Short Term Investments
Total Assets		0.94	1.0	0.99	0.5	-0.82	0.82	0.57	1.0	0.94	0.8	0.28	0.94	0.99	0.73	-0.33	0.99	0.98	0.9	0.91	0.99	0.92	0.93	-0.11	0.65	0.83
Total Current Liabilities	0.94		0.93	0.95	0.45	-0.68	0.89	0.58	0.94	0.85	0.72	0.37	0.82	0.92	0.68	-0.33	0.95	0.93	0.84	0.78	0.9	0.81	0.83	0.09	0.71	0.66
Total Stockholder Equity	1.0	0.93		0.99	0.47	-0.81	0.8	0.58	0.99	0.93	0.81	0.25	0.94	0.98	0.73	-0.33	0.98	0.97	0.9	0.91	0.98	0.91	0.93	-0.11	0.62	0.84
Property Plant And Equipment Net	0.99	0.95	0.99		0.56	-0.78	0.8	0.5	1.0	0.92	0.73	0.25	0.91	0.98	0.72	-0.38	0.99	0.98	0.85	0.9	0.98	0.9	0.92	-0.02	0.65	0.79
Net Debt	0.5	0.45	0.47	0.56		-0.57	0.3	-0.29	0.56	0.58	0.0	0.05	0.44	0.58	0.28	-0.56	0.56	0.58	0.2	0.6	0.59	0.67	0.57	0.08	0.16	0.43
Retained Earnings	-0.82	-0.68	-0.81	-0.78	-0.57		-0.66	-0.46	-0.8	-0.82	-0.72	-0.24	-0.89	-0.85	-0.48	0.32	-0.83	-0.78	-0.79	-0.84	-0.84	-0.92	-0.84	0.34	-0.5	-0.83
Accounts Payable	0.82	0.89	0.8	0.8	0.3	-0.66		0.74	0.79	0.71	0.72	0.61	0.75	0.82	0.56	-0.21	0.84	0.77	0.84	0.64	0.76	0.71	0.65	-0.11	0.76	0.48
Cash	0.57	0.58	0.58	0.5	-0.29	-0.46	0.74		0.5	0.42	0.89	0.53	0.6	0.55	0.43	0.2	0.56	0.44	0.84	0.33	0.49	0.46	0.45	-0.35	0.62	0.39
Non Current Assets Total	1.0	0.94	0.99	1.0	0.56	-0.8	0.79	0.5		0.94	0.75	0.24	0.92	0.99	0.73	-0.38	0.99	0.98	0.86	0.92	0.99	0.92	0.94	-0.06	0.64	0.82
Non Currrent Assets Other	0.94	0.85	0.93	0.92	0.58	-0.82	0.71	0.42	0.94		0.69	0.16	0.82	0.94	0.76	-0.32	0.93	0.97	0.81	0.95	0.95	0.9	0.96	-0.24	0.56	0.83
Cash And Short Term Investments	0.8	0.72	0.81	0.73	0.0	-0.72	0.72	0.89	0.75	0.69		0.32	0.84	0.77	0.56	-0.03	0.77	0.69	0.96	0.63	0.75	0.74	0.74	-0.33	0.58	0.76
Net Receivables	0.28	0.37	0.25	0.25	0.05	-0.24	0.61	0.53	0.24	0.16	0.32		0.31	0.33	0.3	0.3	0.34	0.19	0.46	0.11	0.27	0.25	0.1	-0.35	0.53	-0.08
Common Stock Shares Outstanding	0.94	0.82	0.94	0.91	0.44	-0.89	0.75	0.6	0.92	0.82	0.84	0.31		0.93	0.58	-0.23	0.92	0.87	0.9	0.84	0.93	0.91	0.86	-0.21	0.56	0.84
Non Current Liabilities Total	0.99	0.92	0.98	0.98	0.58	-0.85	0.82	0.55	0.99	0.94	0.77	0.33	0.93		0.73	-0.35	1.0	0.96	0.89	0.92	0.99	0.95	0.94	-0.17	0.68	0.8
Other Current Assets	0.73	0.68	0.73	0.72	0.28	-0.48	0.56	0.43	0.73	0.76	0.56	0.3	0.58	0.73		0.02	0.73	0.72	0.63	0.77	0.74	0.62	0.74	-0.29	0.76	0.5
Other Stockholder Equity	-0.33	-0.33	-0.33	-0.38	-0.56	0.32	-0.21	0.2	-0.38	-0.32	-0.03	0.3	-0.23	-0.35	0.02		-0.35	-0.4	-0.08	-0.38	-0.34	-0.39	-0.31	-0.41	-0.04	-0.34
Total Liab	0.99	0.95	0.98	0.99	0.56	-0.83	0.84	0.56	0.99	0.93	0.77	0.34	0.92	1.0	0.73	-0.35		0.97	0.89	0.9	0.98	0.94	0.93	-0.11	0.7	0.78
Property Plant And Equipment Gross	0.98	0.93	0.97	0.98	0.58	-0.78	0.77	0.44	0.98	0.97	0.69	0.19	0.87	0.96	0.72	-0.4	0.97		0.82	0.93	0.97	0.89	0.93	-0.08	0.59	0.8
Total Current Assets	0.9	0.84	0.9	0.85	0.2	-0.79	0.84	0.84	0.86	0.81	0.96	0.46	0.9	0.89	0.63	-0.08	0.89	0.82		0.74	0.87	0.83	0.82	-0.34	0.63	0.76
Other Assets	0.91	0.78	0.91	0.9	0.6	-0.84	0.64	0.33	0.92	0.95	0.63	0.11	0.84	0.92	0.77	-0.38	0.9	0.93	0.74		0.93	0.87	0.91	-0.23	0.6	0.81
Inventory	0.99	0.9	0.98	0.98	0.59	-0.84	0.76	0.49	0.99	0.95	0.75	0.27	0.93	0.99	0.74	-0.34	0.98	0.97	0.87	0.93		0.95	0.96	-0.16	0.6	0.84
Short Long Term Debt Total	0.92	0.81	0.91	0.9	0.67	-0.92	0.71	0.46	0.92	0.9	0.74	0.25	0.91	0.95	0.62	-0.39	0.94	0.89	0.83	0.87	0.95		0.94	-0.22	0.54	0.85
Other Current Liab	0.93	0.83	0.93	0.92	0.57	-0.84	0.65	0.45	0.94	0.96	0.74	0.1	0.86	0.94	0.74	-0.31	0.93	0.93	0.82	0.91	0.96	0.94		-0.19	0.53	0.86
Short Term Debt	-0.11	0.09	-0.11	-0.02	0.08	0.34	-0.11	-0.35	-0.06	-0.24	-0.33	-0.35	-0.21	-0.17	-0.29	-0.41	-0.11	-0.08	-0.34	-0.23	-0.16	-0.22	-0.19		-0.14	-0.17
Current Deferred Revenue	0.65	0.71	0.62	0.65	0.16	-0.5	0.76	0.62	0.64	0.56	0.58	0.53	0.56	0.68	0.76	-0.04	0.7	0.59	0.63	0.6	0.6	0.54	0.53	-0.14		0.28
Short Term Investments	0.83	0.66	0.84	0.79	0.43	-0.83	0.48	0.39	0.82	0.83	0.76	-0.08	0.84	0.8	0.5	-0.34	0.78	0.8	0.76	0.81	0.84	0.85	0.86	-0.17	0.28

Click cells to compare fundamentals

First Majestic Account Relationship Matchups

First Majestic fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.0B	1.2B	2.1B	2.1B	2.0B	2.1B
Total Current Liabilities	71.9M	101.6M	172.8M	167.4M	120.1M	126.1M
Total Stockholder Equity	662.3M	850.2M	1.4B	1.4B	1.4B	1.4B
Property Plant And Equipment Net	712.1M	782.3M	1.5B	1.5B	1.4B	1.5B
Net Debt	8.7M	(65.3M)	(16.8M)	96.5M	93.8M	98.5M
Retained Earnings	(361.6M)	(338.9M)	(347.8M)	(468.9M)	(609.9M)	(579.4M)
Accounts Payable	36.3M	49.9M	72.4M	71.1M	48.2M	24.9M
Cash	169.0M	238.6M	237.9M	151.4M	125.6M	79.9M
Non Current Assets Total	784.9M	881.5M	1.7B	1.7B	1.7B	1.8B
Non Currrent Assets Other	21.7M	29.5M	126.5M	143.6M	125.6M	131.9M
Cash And Short Term Investments	175.5M	274.9M	264.4M	186.0M	213.9M	224.6M
Net Receivables	33.9M	45.9M	54.3M	41.2M	10.1M	9.6M
Common Stock Shares Outstanding	201.6M	215.9M	244.7M	263.1M	287.1M	301.5M
Liabilities And Stockholders Equity	1.0B	1.2B	2.1B	2.1B	2.4B	2.5B
Non Current Liabilities Total	293.8M	285.7M	541.2M	531.3M	498.1M	523.0M
Other Current Assets	3.0M	(1K)	17.9M	5.6M	8.7M	9.2M
Other Stockholder Equity	90.7M	102.0M	98.9M	(12.0M)	(13.8M)	(13.1M)
Total Liab	365.6M	387.3M	714.0M	698.7M	618.2M	649.1M
Property Plant And Equipment Gross	712.1M	782.3M	2.1B	2.5B	2.0B	2.1B
Total Current Assets	243.0M	356.0M	397.2M	370.3M	309.1M	324.5M
Accumulated Other Comprehensive Income	90.7M	102.0M	98.9M	98.9M	113.8M	119.4M
Other Assets	57.9M	1K	200.8M	188.3M	216.5M	227.3M
Inventory	30.5M	32.5M	60.6M	64.8M	63.7M	66.9M
Short Long Term Debt Total	177.8M	173.3M	221.1M	247.9M	285.1M	299.4M
Other Current Liab	45.9M	32.7M	76.2M	78.5M	90.3M	94.8M
Short Term Debt	8.1M	16.3M	12.0M	14.4M	16.5M	16.8M
Current Deferred Revenue	4.5M	2.7M	12.2M	3.4M	3.9M	2.9M
Short Term Investments	6.5M	36.3M	26.5M	34.5M	62.4M	65.5M
Common Stock Total Equity	636.7M	827.6M	933.2M	1.1B	1.3B	727.3M
Common Stock	933.2M	1.1B	1.7B	1.8B	2.0B	2.2B
Other Liab	109.1M	128.7M	332.1M	297.7M	342.4M	185.6M
Net Tangible Assets	662.3M	850.2M	1.4B	1.4B	1.6B	854.7M
Long Term Debt	154.6M	141.7M	181.1M	209.8M	219.0M	117.3M
Short Long Term Debt	1.2M	11.0M	125K	551K	426K	404.7K
Property Plant Equipment	712.1M	782.3M	1.5B	1.5B	1.8B	937.0M
Long Term Debt Total	169.7M	157.0M	209.1M	233.6M	268.6M	137.1M
Capital Lease Obligations	21.9M	20.6M	39.9M	37.6M	36.7M	24.7M
Non Current Liabilities Other	4.7M	5.4M	5.8M	5.7M	5.6M	4.7M
Net Invested Capital	818.1M	993.1M	1.6B	1.6B	1.6B	1.2B

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

Additional Information and Resources on Investing in First Stock

When determining whether First Majestic Silver is a strong investment it is important to analyze First Majestic's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact First Majestic's future performance. For an informed investment choice regarding First Stock, refer to the following important reports:

How To Invest In First

Details

Is First Stock a good investment?

Details

What is First Majestic's Net Worth?

Details

Largest Metals & Mining Companies

View

Largest Materials Companies

View

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Majestic Silver. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

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

First Free Cash Flow Yield vs Price To Sales Ratio Analysis

Free Cash Flow Yield vs Price To Sales Ratio

Free Cash Flow Yield vs Price To Sales Ratio Correlation Analysis

Correlation Coefficient

Free Cash Flow Yield

Price To Sales Ratio

First Majestic fundamental ratios Correlations

First Majestic Account Relationship Matchups

High Positive Relationship

High Negative Relationship

First Majestic fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Additional Information and Resources on Investing in First Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Liab	+ 1.0	Non Current Liabilities Total
Property Plant And Equipment Net	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.99	Total Assets

Short Long Term Debt Total	- 0.92	Retained Earnings
Common Stock Shares Outstanding	- 0.89	Retained Earnings
Non Current Liabilities Total	- 0.85	Retained Earnings
Other Current Liab	- 0.84	Retained Earnings
Inventory	- 0.84	Retained Earnings
Other Assets	- 0.84	Retained Earnings