Immatics Free Cash Flow per Share vs Asset Turnover Analysis

IMTX Stock  USD 10.51  0.59  5.32%   
Immatics financial indicator trend analysis is infinitely more than just investigating Immatics NV recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Immatics NV is a good investment. Please check the relationship between Immatics Free Cash Flow Per Share and its Asset Turnover accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Immatics NV. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

Free Cash Flow Per Share vs Asset Turnover

Free Cash Flow per Share vs Asset Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Immatics NV Free Cash Flow per Share account and Asset Turnover. At this time, the significance of the direction appears to have weak relationship.
The correlation between Immatics' Free Cash Flow per Share and Asset Turnover is 0.35. Overlapping area represents the amount of variation of Free Cash Flow per Share that can explain the historical movement of Asset Turnover in the same time period over historical financial statements of Immatics NV, assuming nothing else is changed. The correlation between historical values of Immatics' Free Cash Flow per Share and Asset Turnover 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 per Share of Immatics NV are associated (or correlated) with its Asset Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Asset Turnover has no effect on the direction of Free Cash Flow per Share i.e., Immatics' Free Cash Flow per Share and Asset Turnover go up and down completely randomly.

Correlation Coefficient

0.35
Relationship DirectionPositive 
Relationship StrengthVery Weak

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.
Most indicators from Immatics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Immatics NV 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Immatics NV. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
Tax Provision is likely to drop to 0.00 in 2024. Selling General Administrative is likely to drop to about 29.7 M in 2024
 2021 2022 2023 2024 (projected)
Interest Income5.7M2.5M13.8M14.5M
Net Interest Income3.9M1.4M13.0M13.7M

Immatics fundamental ratios Correlations

0.620.890.52-0.010.92-0.810.60.840.950.60.61-0.680.790.870.830.97-0.630.910.930.830.74-0.770.840.940.7
0.620.540.63-0.690.54-0.470.490.510.420.310.77-0.110.520.420.30.48-0.260.570.640.610.72-0.310.380.750.44
0.890.540.110.190.83-0.90.740.760.950.580.61-0.880.80.940.960.94-0.740.970.940.840.65-0.740.80.930.49
0.520.630.11-0.70.45-0.10.070.420.230.170.420.250.310.12-0.060.330.030.220.340.290.52-0.190.240.40.63
-0.01-0.690.19-0.7-0.01-0.15-0.09-0.030.260.2-0.38-0.58-0.080.250.440.17-0.240.1-0.03-0.02-0.24-0.260.25-0.08-0.22
0.920.540.830.45-0.01-0.890.620.910.890.70.57-0.650.780.850.780.91-0.730.840.910.930.64-0.860.840.870.64
-0.81-0.47-0.9-0.1-0.15-0.89-0.72-0.7-0.89-0.58-0.390.84-0.76-0.95-0.88-0.870.93-0.91-0.92-0.87-0.420.87-0.87-0.82-0.3
0.60.490.740.07-0.090.62-0.720.560.670.040.49-0.650.940.730.650.65-0.660.80.830.560.26-0.310.360.60.49
0.840.510.760.42-0.030.91-0.70.560.770.750.77-0.510.70.660.70.8-0.440.70.80.90.79-0.670.620.820.8
0.950.420.950.230.260.89-0.890.670.770.560.46-0.880.820.970.950.99-0.780.960.940.80.57-0.810.880.890.56
0.60.310.580.170.20.7-0.580.040.750.560.52-0.40.170.480.590.58-0.350.430.480.840.71-0.80.70.670.29
0.610.770.610.42-0.380.57-0.390.490.770.460.52-0.190.520.350.440.51-0.050.510.60.70.9-0.240.240.740.7
-0.68-0.11-0.880.25-0.58-0.650.84-0.65-0.51-0.88-0.4-0.19-0.68-0.92-0.96-0.830.82-0.86-0.77-0.61-0.260.69-0.75-0.67-0.22
0.790.520.80.31-0.080.78-0.760.940.70.820.170.52-0.680.820.720.82-0.670.880.920.630.4-0.460.520.720.69
0.870.420.940.120.250.85-0.950.730.660.970.480.35-0.920.820.940.95-0.90.970.940.770.43-0.820.880.840.39
0.830.30.96-0.060.440.78-0.880.650.70.950.590.44-0.960.720.940.92-0.760.920.860.770.52-0.770.820.830.4
0.970.480.940.330.170.91-0.870.650.80.990.580.51-0.830.820.950.92-0.740.950.950.810.63-0.80.870.910.62
-0.63-0.26-0.740.03-0.24-0.730.93-0.66-0.44-0.78-0.35-0.050.82-0.67-0.9-0.76-0.74-0.81-0.78-0.65-0.080.8-0.82-0.6-0.07
0.910.570.970.220.10.84-0.910.80.70.960.430.51-0.860.880.970.920.95-0.810.980.780.55-0.710.80.90.51
0.930.640.940.34-0.030.91-0.920.830.80.940.480.6-0.770.920.940.860.95-0.780.980.840.6-0.720.780.920.61
0.830.610.840.29-0.020.93-0.870.560.90.80.840.7-0.610.630.770.770.81-0.650.780.840.73-0.850.790.890.49
0.740.720.650.52-0.240.64-0.420.260.790.570.710.9-0.260.40.430.520.63-0.080.550.60.73-0.450.480.830.67
-0.77-0.31-0.74-0.19-0.26-0.860.87-0.31-0.67-0.81-0.8-0.240.69-0.46-0.82-0.77-0.80.8-0.71-0.72-0.85-0.45-0.97-0.74-0.21
0.840.380.80.240.250.84-0.870.360.620.880.70.24-0.750.520.880.820.87-0.820.80.780.790.48-0.970.810.25
0.940.750.930.4-0.080.87-0.820.60.820.890.670.74-0.670.720.840.830.91-0.60.90.920.890.83-0.740.810.58
0.70.440.490.63-0.220.64-0.30.490.80.560.290.7-0.220.690.390.40.62-0.070.510.610.490.67-0.210.250.58
Click cells to compare fundamentals

Immatics Account Relationship Matchups

Immatics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets134.3M254.6M174.6M407.8M510.0M298.3M
Other Current Liab3.4M9.6M30.4M26.3M45.9M25.2M
Total Current Liabilities69.3M60.6M95.1M106.5M156.6M94.4M
Total Stockholder Equity(41.9M)104.3M24.1M213.2M225.1M122.1M
Net Tangible Assets(42.9M)86.5M22.7M211.5M243.3M255.4M
Retained Earnings(233.2M)(462.3M)(537.8M)(500.3M)(597.3M)(627.2M)
Accounts Payable4.9M2.6M11.6M13.1M7.7M8.0M
Other Assets1.3M724K636K2.5M2.9M3.1M
Cash And Short Term Investments119.4M232.0M145.1M362.2M425.9M235.7M
Net Receivables2.7M2.9M682K1.1M5.7M6.0M
Other Current Assets665K787K6.4M13.8M7.1M5.4M
Other Stockholder Equity190.9M573.3M565.2M714.2M823.2M525.4M
Total Liab175.1M150.4M150.6M194.7M284.9M176.1M
Total Current Assets124M239.0M152.2M377.2M449.4M256.1M
Property Plant Equipment8.0M14.0M20.5M26.5M30.5M16.1M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Immatics in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Immatics' short interest history, or implied volatility extrapolated from Immatics options trading.

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When determining whether Immatics NV offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Immatics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Immatics Nv Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Immatics Nv Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Immatics NV. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

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When running Immatics' price analysis, check to measure Immatics' 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 Immatics is operating at the current time. Most of Immatics' value examination focuses on studying past and present price action to predict the probability of Immatics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Immatics' price. Additionally, you may evaluate how the addition of Immatics to your portfolios can decrease your overall portfolio volatility.
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Is Immatics' 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 Immatics. If investors know Immatics 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 Immatics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.30)
Revenue Per Share
0.67
Quarterly Revenue Growth
(0.58)
Return On Assets
(0.14)
Return On Equity
(0.44)
The market value of Immatics NV is measured differently than its book value, which is the value of Immatics that is recorded on the company's balance sheet. Investors also form their own opinion of Immatics' value that differs from its market value or its book value, called intrinsic value, which is Immatics' 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 Immatics' market value can be influenced by many factors that don't directly affect Immatics' 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 Immatics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Immatics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Immatics' 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.