Unifirst Free Cash Flow per Share vs Interest Coverage Analysis
UNF Stock | USD 165.30 0.13 0.08% |
Unifirst financial indicator trend analysis is much more than just breaking down Unifirst prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Unifirst is a good investment. Please check the relationship between Unifirst Free Cash Flow Per Share and its Interest Coverage accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Unifirst. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in Unifirst Stock please use our How to Invest in Unifirst guide.
Free Cash Flow Per Share vs Interest Coverage
Free Cash Flow per Share vs Interest Coverage Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Unifirst Free Cash Flow per Share account and Interest Coverage. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Unifirst's Free Cash Flow per Share and Interest Coverage is -0.63. Overlapping area represents the amount of variation of Free Cash Flow per Share that can explain the historical movement of Interest Coverage in the same time period over historical financial statements of Unifirst, assuming nothing else is changed. The correlation between historical values of Unifirst's Free Cash Flow per Share and Interest Coverage 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 Unifirst are associated (or correlated) with its Interest Coverage. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Coverage has no effect on the direction of Free Cash Flow per Share i.e., Unifirst's Free Cash Flow per Share and Interest Coverage go up and down completely randomly.
Correlation Coefficient | -0.63 |
Relationship Direction | Negative |
Relationship Strength | 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.Interest Coverage
Most indicators from Unifirst's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Unifirst 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Unifirst. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in Unifirst Stock please use our How to Invest in Unifirst guide.At this time, Unifirst's Selling General Administrative is most likely to increase significantly in the upcoming years. The Unifirst's current Tax Provision is estimated to increase to about 38.8 M, while Sales General And Administrative To Revenue is projected to decrease to 0.17.
2021 | 2023 | 2024 (projected) | Interest Expense | 2.9M | 3.3M | 5.2M | Depreciation And Amortization | 108.8M | 139.4M | 146.4M |
Unifirst fundamental ratios Correlations
Click cells to compare fundamentals
Unifirst Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Unifirst fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.2B | 2.4B | 2.4B | 2.6B | 3.0B | 3.1B | |
Other Current Liab | 133.5M | 160.3M | 148.0M | 156.8M | 180.3M | 189.3M | |
Total Current Liabilities | 210.1M | 254.7M | 243.7M | 267.2M | 307.3M | 322.7M | |
Total Stockholder Equity | 1.7B | 1.9B | 1.9B | 2.0B | 2.3B | 2.4B | |
Property Plant And Equipment Net | 625.2M | 659.8M | 715.2M | 819.1M | 942.0M | 989.1M | |
Net Debt | 83.7M | 86.3M | (324.7M) | (14.7M) | (13.2M) | (12.6M) | |
Retained Earnings | 1.7B | 1.8B | 1.8B | 1.9B | 2.2B | 2.3B | |
Cash | (41.8M) | (43.2M) | 376.4M | 79.4M | 91.4M | 82.5M | |
Non Current Assets Total | 1.2B | 1.3B | 1.4B | 1.7B | 2.0B | 2.1B | |
Non Currrent Assets Other | 93.6M | 102.7M | 106.2M | 116.7M | 134.2M | 140.9M | |
Cash And Short Term Investments | 474.8M | 512.9M | 376.4M | 89.6M | 103.0M | 113.0M | |
Net Receivables | 190.9M | 208.3M | 249.2M | 279.1M | 320.9M | 337.0M | |
Common Stock Shares Outstanding | 19.0M | 19.0M | 18.9M | 18.8M | 16.9M | 15.9M | |
Liabilities And Stockholders Equity | 2.2B | 2.4B | 2.4B | 2.6B | 3.0B | 3.1B | |
Non Current Liabilities Total | 247.8M | 253.4M | 268.4M | 298.8M | 343.6M | 360.8M | |
Inventory | 260.5M | 325.1M | 370.9M | 396.7M | 456.2M | 479.0M | |
Other Current Assets | 35.9M | 40.9M | 41.9M | 53.9M | 62.0M | 44.9M | |
Other Stockholder Equity | 86.6M | 89.3M | 93.1M | 99.3M | 114.2M | 119.9M | |
Total Liab | 457.9M | 508.1M | 512.1M | 566.0M | 650.9M | 683.5M | |
Property Plant And Equipment Gross | 582.5M | 659.8M | 715.2M | 1.8B | 2.1B | 2.2B | |
Total Current Assets | 969.3M | 1.1B | 1.1B | 840.1M | 966.1M | 1.0B | |
Accumulated Other Comprehensive Income | (32.0M) | (24.8M) | (24.3M) | (23.8M) | (27.3M) | (28.7M) | |
Short Term Debt | 12.6M | 13.0M | 13.6M | 17.7M | 20.4M | 10.2M | |
Accounts Payable | 64.0M | 81.4M | 82.1M | 92.7M | 106.6M | 112.0M | |
Intangible Assets | 85.5M | 84.6M | 85.0M | 145.6M | 167.5M | 175.8M | |
Common Stock Total Equity | 1.9M | 1.5M | 1.9M | 1.9M | 1.7M | 1.6M | |
Common Stock | 1.9M | 1.9M | 1.9M | 1.9M | 1.7M | 1.6M | |
Good Will | 424.8M | 429.5M | 457.3M | 647.9M | 745.1M | 782.3M | |
Other Assets | 94.1M | 103.3M | 106.7M | 117.2M | 134.8M | 141.6M | |
Property Plant Equipment | 582.5M | 659.8M | 715.2M | 819.1M | 942.0M | 490.0M | |
Other Liab | 218.5M | 223.3M | 230.3M | 251.8M | 289.5M | 177.6M | |
Net Tangible Assets | 1.3B | 1.4B | 1.4B | 1.2B | 1.4B | 1.1B | |
Retained Earnings Total Equity | 1.6B | 1.7B | 1.8B | 1.8B | 2.1B | 1.5B | |
Capital Surpluse | 86.6M | 89.3M | 93.1M | 99.3M | 114.2M | 80.4M |
Unifirst Investors Sentiment
The influence of Unifirst's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Unifirst. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Unifirst's public news can be used to forecast risks associated with an investment in Unifirst. The trend in average sentiment can be used to explain how an investor holding Unifirst can time the market purely based on public headlines and social activities around Unifirst. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Unifirst's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Unifirst's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Unifirst's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Unifirst.
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 Unifirst 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, Unifirst's short interest history, or implied volatility extrapolated from Unifirst options trading.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Unifirst is a strong investment it is important to analyze Unifirst'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 Unifirst's future performance. For an informed investment choice regarding Unifirst Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Unifirst. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in Unifirst Stock please use our How to Invest in Unifirst guide.You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
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Is Unifirst'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 Unifirst. If investors know Unifirst 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 Unifirst 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 0.147 | Dividend Share 1.28 | Earnings Share 6.12 | Revenue Per Share 124.742 | Quarterly Revenue Growth 0.088 |
The market value of Unifirst is measured differently than its book value, which is the value of Unifirst that is recorded on the company's balance sheet. Investors also form their own opinion of Unifirst's value that differs from its market value or its book value, called intrinsic value, which is Unifirst'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 Unifirst's market value can be influenced by many factors that don't directly affect Unifirst'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 Unifirst's value and its price as these two are different measures arrived at by different means. Investors typically determine if Unifirst is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Unifirst'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.