CommScope Historical Financial Ratios
COMM Stock | USD 1.31 0.04 3.15% |
CommScope Holding is presently reporting on over 110 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Price To Sales Ratio of 0.0976, Dividend Yield of 0.0107 or Operating Cycle of 106 will help investors to properly organize and evaluate CommScope Holding financial condition quickly.
CommScope |
About CommScope Financial Ratios Analysis
CommScope HoldingFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate CommScope Holding investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on CommScope financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across CommScope Holding history.
CommScope Holding Financial Ratios Chart
CommScope Holding Co financial ratios usually calculated using numerical values taken directly from CommScope Holding financial statements such as income statements or balance sheets. They help investors to obtain meaningful information about CommScope Holding. Most financial ratios help to conduct quantitative analysis to assess vital information about the company's valuation as well as profitability and liquidity indicators such as leverage, growth, profit margins, and different types of rates of return.
At this time, CommScope Holding's Net Income Per E B T is very stable compared to the past year. As of the 29th of March 2024, Cash Ratio is likely to grow to 0.61, though Price Earnings Ratio is likely to grow to (0.39). Add Fundamental
Price To Sales Ratio
Price to Sales Ratio is figured by comparing CommScope Holding stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on CommScope Holding sales, a figure that is much harder to manipulate than other CommScope Holding Co 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.Dividend Yield
Dividend Yield is CommScope Holding Co dividend as a percentage of CommScope Holding stock price. CommScope Holding dividend yield is a measure of CommScope Holding stock productivity, which can be interpreted as interest rate earned on an CommScope Holding investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Return On Equity
Return on Equity is the amount of CommScope Holding net income returned as a percentage of CommScope Holding equity. Return on equity measures CommScope Holding profitability by revealing how much profit CommScope Holding Co generates with the money shareholders have invested. A measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity.Most ratios from CommScope Holding's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into CommScope Holding current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CommScope Holding Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. At this time, CommScope Holding's Net Income Per E B T is very stable compared to the past year. As of the 29th of March 2024, Cash Ratio is likely to grow to 0.61, though Price Earnings Ratio is likely to grow to (0.39).
2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0191 | 0.009775 | 0.0112 | 0.0107 | Price To Sales Ratio | 0.26 | 0.17 | 0.1 | 0.0976 |
CommScope Holding fundamentals Correlations
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CommScope Holding Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CommScope Holding fundamentals Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Short Term Coverage Ratios | 18.64 | 13.63 | 3.82 | 5.94 | 4.23 | 4.02 | |
Price Earnings Ratio | (2.96) | (4.6) | (4.86) | (1.18) | (0.41) | (0.39) | |
Price To Sales Ratio | 0.33 | 0.31 | 0.26 | 0.17 | 0.1 | 0.0976 | |
Operating Cycle | 134.26 | 134.23 | 153.94 | 150.5 | 150.63 | 106.18 | |
Price Book Value Ratio | 1.5 | 1.89 | 2.5 | (3.42) | (0.33) | (0.31) | |
Price Earnings To Growth Ratio | 0.003904 | 0.12 | 0.22 | (0.006824) | (0.038) | (0.0399) | |
Days Of Payables Outstanding | 70.53 | 64.86 | 71.78 | 58.27 | 40.06 | 39.17 | |
Operating Cash Flow Per Share | 3.08 | 2.22 | 0.6 | 0.92 | 1.37 | 1.44 | |
Price To Operating Cash Flows Ratio | 4.61 | 6.04 | 18.38 | 8.02 | 2.05 | 1.95 | |
Free Cash Flow Per Share | 2.54 | 1.6 | (0.0447) | 0.43 | 1.12 | 1.58 | |
Price To Free Cash Flows Ratio | 5.58 | 8.37 | (247.0) | 17.18 | 2.51 | 2.64 | |
Pretax Profit Margin | 0.0374 | (0.13) | (0.0776) | (0.0622) | (0.14) | (0.12) | |
Ebt Per Ebit | 32.55 | (3.0) | (4.04) | (2.76) | (1.4) | (1.33) | |
Payables Turnover | 5.18 | 5.63 | 5.09 | 6.26 | 9.11 | 9.1 | |
Operating Profit Margin | (0.003954) | 0.0259 | 0.0154 | 0.0511 | 0.0884 | 0.07 | |
Company Equity Multiplier | 7.86 | 9.72 | 14.74 | (26.22) | (5.19) | (4.93) | |
Long Term Debt To Capitalization | 0.84 | 0.87 | 0.91 | 1.05 | 1.24 | 0.66 | |
Cash Per Share | 2.39 | 3.09 | 2.65 | 1.77 | 1.92 | 2.58 | |
Total Debt To Capitalization | 0.84 | 0.87 | 0.91 | 1.05 | 1.24 | 0.66 | |
Interest Coverage | (0.0572) | 0.38 | 0.24 | 0.8 | 0.76 | 1.28 | |
Return On Capital Employed | (0.002664) | 0.0188 | 0.0119 | 0.0492 | 0.0643 | 0.0547 | |
Debt Equity Ratio | 5.35 | 6.82 | 10.57 | (21.32) | (5.16) | (4.9) | |
Ebit Per Revenue | (0.003954) | 0.0259 | 0.0154 | 0.0511 | 0.0884 | 0.07 | |
Quick Ratio | 1.12 | 1.03 | 0.87 | 0.91 | 0.96 | 1.69 | |
Dividend Paid And Capex Coverage Ratio | (9.87) | (4.08) | (1.38) | (2.2) | (5.44) | (5.71) | |
Cash Ratio | 0.29 | 0.27 | 0.17 | 0.19 | 0.39 | 0.61 | |
Cash Conversion Cycle | 63.73 | 69.37 | 82.16 | 92.23 | 110.57 | 67.01 | |
Operating Cash Flow Sales Ratio | 0.0715 | 0.0517 | 0.0142 | 0.0206 | 0.0501 | 0.0779 | |
Days Of Inventory Outstanding | 59.96 | 69.87 | 88.79 | 90.23 | 99.23 | 53.46 | |
Days Of Sales Outstanding | 74.3 | 64.36 | 65.15 | 60.26 | 51.4 | 72.5 | |
Cash Flow Coverage Ratios | 0.0607 | 0.0458 | 0.0129 | 0.02 | 0.0311 | 0.0296 | |
Price To Book Ratio | 1.5 | 1.89 | 2.5 | (3.42) | (0.33) | (0.31) |
Pair Trading with CommScope Holding
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 CommScope Holding 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 CommScope Holding will appreciate offsetting losses from the drop in the long position's value.Moving together with CommScope Stock
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Moving against CommScope Stock
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0.86 | WDC | Western Digital Fiscal Quarter End 31st of March 2024 | PairCorr |
The ability to find closely correlated positions to CommScope Holding could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CommScope Holding 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 CommScope Holding - 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 CommScope Holding Co to buy it.
The correlation of CommScope Holding 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 CommScope Holding moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CommScope Holding 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 CommScope Holding 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in CommScope Holding Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
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When running CommScope Holding's price analysis, check to measure CommScope Holding'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 CommScope Holding is operating at the current time. Most of CommScope Holding's value examination focuses on studying past and present price action to predict the probability of CommScope Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CommScope Holding's price. Additionally, you may evaluate how the addition of CommScope Holding to your portfolios can decrease your overall portfolio volatility.
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Is CommScope Holding'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 CommScope Holding. If investors know CommScope 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 CommScope Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (4.33) | Revenue Per Share 27.45 | Quarterly Revenue Growth (0.49) | Return On Assets 0.0308 | Return On Equity (18.38) |
The market value of CommScope Holding is measured differently than its book value, which is the value of CommScope that is recorded on the company's balance sheet. Investors also form their own opinion of CommScope Holding's value that differs from its market value or its book value, called intrinsic value, which is CommScope Holding'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 CommScope Holding's market value can be influenced by many factors that don't directly affect CommScope Holding'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 CommScope Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if CommScope Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CommScope Holding'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.