Morguard Price To Sales Ratio vs Free Cash Flow Yield Analysis

MRG-UN Stock  CAD 15.44  0.06  0.39%   
Morguard North financial indicator trend analysis is infinitely more than just investigating Morguard North American recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Morguard North American is a good investment. Please check the relationship between Morguard North Price To Sales Ratio and its Free Cash Flow Yield accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Morguard North American. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.

Price To Sales Ratio vs Free Cash Flow Yield

Price To Sales Ratio vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Morguard North American Price To Sales Ratio account and Free Cash Flow Yield. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Morguard North's Price To Sales Ratio and Free Cash Flow Yield is -0.08. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Morguard North American, assuming nothing else is changed. The correlation between historical values of Morguard North's Price To Sales Ratio and Free Cash Flow Yield 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 Morguard North American are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Price To Sales Ratio i.e., Morguard North's Price To Sales Ratio and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

-0.08
Relationship DirectionNegative 
Relationship StrengthInsignificant

Price To Sales Ratio

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

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.
Most indicators from Morguard North's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Morguard North American 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Morguard North American. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
At present, Morguard North's Enterprise Value Over EBITDA is projected to drop slightly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 27.04, whereas Selling General Administrative is forecasted to decline to about 10.4 M.
 2021 2022 2023 2024 (projected)
Total Revenue245.6M278.5M331.6M228.7M
Interest Expense46.4M49.9M60.7M46.6M

Morguard North fundamental ratios Correlations

0.95-0.070.660.970.940.611.00.890.60.880.910.970.16-0.670.970.540.560.970.820.960.690.870.890.89-0.28
0.950.170.670.851.00.640.960.810.630.790.920.990.04-0.750.990.390.550.970.690.890.560.70.810.76-0.25
-0.070.170.2-0.290.210.13-0.05-0.110.13-0.260.050.1-0.26-0.210.12-0.350.050.04-0.37-0.23-0.4-0.45-0.12-0.220.2
0.660.670.20.610.670.250.650.660.240.70.640.580.17-0.620.660.460.880.580.530.550.520.530.530.57-0.21
0.970.85-0.290.610.830.540.960.890.530.920.820.880.2-0.540.880.590.540.90.880.960.760.960.90.92-0.3
0.941.00.210.670.830.640.950.790.630.770.930.990.06-0.760.990.410.540.970.680.870.540.670.780.75-0.24
0.610.640.130.250.540.640.610.61.00.460.710.66-0.06-0.570.640.240.160.570.430.630.220.410.530.44-0.1
1.00.96-0.050.650.960.950.610.890.60.870.910.970.12-0.660.970.510.560.970.820.960.680.860.90.89-0.29
0.890.81-0.110.660.890.790.60.890.590.730.780.820.06-0.520.840.430.570.830.770.890.640.850.90.87-0.24
0.60.630.130.240.530.631.00.60.590.450.70.65-0.06-0.570.630.240.150.560.410.620.20.390.520.43-0.09
0.880.79-0.260.70.920.770.460.870.730.450.740.780.3-0.550.810.710.630.790.810.820.750.880.720.81-0.27
0.910.920.050.640.820.930.710.910.780.70.740.930.2-0.880.940.510.510.890.660.880.490.650.730.7-0.21
0.970.990.10.580.880.990.660.970.820.650.780.930.11-0.730.990.450.470.980.720.910.570.720.820.79-0.24
0.160.04-0.260.170.20.06-0.060.120.06-0.060.30.20.11-0.340.120.81-0.030.070.040.030.040.13-0.070.060.32
-0.67-0.75-0.21-0.62-0.54-0.76-0.57-0.66-0.52-0.57-0.55-0.88-0.73-0.34-0.75-0.45-0.5-0.66-0.38-0.59-0.29-0.35-0.43-0.40.14
0.970.990.120.660.880.990.640.970.840.630.810.940.990.12-0.750.480.540.980.730.90.590.730.820.8-0.25
0.540.39-0.350.460.590.410.240.510.430.240.710.510.450.81-0.450.480.320.40.510.430.490.530.30.52-0.01
0.560.550.050.880.540.540.160.560.570.150.630.510.47-0.03-0.50.540.320.510.670.490.740.540.530.58-0.64
0.970.970.040.580.90.970.570.970.830.560.790.890.980.07-0.660.980.40.510.760.920.630.780.870.81-0.31
0.820.69-0.370.530.880.680.430.820.770.410.810.660.720.04-0.380.730.510.670.760.840.950.910.830.9-0.68
0.960.89-0.230.550.960.870.630.960.890.620.820.880.910.03-0.590.90.430.490.920.840.680.890.910.88-0.32
0.690.56-0.40.520.760.540.220.680.640.20.750.490.570.04-0.290.590.490.740.630.950.680.830.70.81-0.78
0.870.7-0.450.530.960.670.410.860.850.390.880.650.720.13-0.350.730.530.540.780.910.890.830.880.92-0.39
0.890.81-0.120.530.90.780.530.90.90.520.720.730.82-0.07-0.430.820.30.530.870.830.910.70.880.93-0.4
0.890.76-0.220.570.920.750.440.890.870.430.810.70.790.06-0.40.80.520.580.810.90.880.810.920.93-0.43
-0.28-0.250.2-0.21-0.3-0.24-0.1-0.29-0.24-0.09-0.27-0.21-0.240.320.14-0.25-0.01-0.64-0.31-0.68-0.32-0.78-0.39-0.4-0.43
Click cells to compare fundamentals

Morguard North Account Relationship Matchups

Morguard North fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.0B3.1B3.5B3.9B4.1B2.8B
Short Long Term Debt Total1.3B1.3B1.4B1.5B1.7B1.2B
Other Current Liab11.3M11.1M11.7M8.7M7.9M14.7M
Total Current Liabilities78.1M155.9M144.7M273.7M222.4M171.8M
Total Stockholder Equity1.1B1.3B1.5B1.8B1.9B1.0B
Net Debt1.3B1.3B1.4B1.5B1.5B1.3B
Cash17.7M27.3M26.6M14.6M17.8M17.4M
Non Current Assets Total3.0B3.0B3.4B3.7B4.1B2.7B
Non Currrent Assets Other2.9B2.9B3.3B3.6B4.2B2.3B
Cash And Short Term Investments17.7M27.3M26.6M14.6M16.8M17.2M
Net Receivables3.3M5.6M7.2M11.4M9.6M5.3M
Common Stock Shares Outstanding39.0M39.0M39.1M39.1M37.7M34.5M
Liabilities And Stockholders Equity3.0B3.1B3.5B3.9B4.5B2.6B
Non Current Liabilities Total1.7B1.6B1.8B1.8B1.9B1.5B
Other Current Assets20.0M17.2M70M80.7M2.6M2.5M
Total Liab1.8B1.7B1.9B2.1B2.1B1.7B
Total Current Assets54.2M50.1M120.8M202.1M43.2M70.2M
Accumulated Other Comprehensive Income84.1M69.3M68.4M144.5M166.2M174.5M
Short Term Debt29.7M113.8M97.0M219.9M252.9M265.6M
Current Deferred Revenue11.3M11.3M11.1M11.7M13.4M10.7M
Retained Earnings534.9M682.8M897.6M1.1B1.2B1.3B
Common Stock468.6M469.2M470.0M470.8M541.4M407.3M
Other Liab115.2M110.1M175.7M262.8M302.2M317.3M
Net Tangible Assets1.1B1.3B1.5B1.8B2.0B1.2B
Accounts Payable37.2M30.9M36.1M45.0M45.6M37.7M
Long Term Debt1.3B1.2B1.3B1.2B1.4B1.4B
Short Long Term Debt29.7M113.8M97.0M219.9M167.6M138.5M
Property Plant Equipment2.9B2.9B3.3B3.6B4.2B3.1B
Non Current Liabilities Other318.5M274.7M305.0M279.0M254.4M306.5M
Capital Lease Obligations9.3M9.1M9.1M16.2M16.1M12.3M
Net Invested Capital2.5B2.6B2.9B3.2B3.4B3.0B
Long Term Investments106.5M93.0M96.4M105.5M53.3M83.7M
Net Working Capital(23.9M)(105.8M)(23.9M)(71.6M)(179.2M)(188.2M)
Capital Stock468.6M469.2M470.0M470.8M448.2M494.1M
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 Morguard North 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, Morguard North's short interest history, or implied volatility extrapolated from Morguard North options trading.

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Morguard North American. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

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