Allied Price To Sales Ratio vs Free Cash Flow Yield Analysis

AP-UN Stock  CAD 17.28  0.23  1.35%   
Allied Properties financial indicator trend analysis is way more than just evaluating Allied Properties Real prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Allied Properties Real is a good investment. Please check the relationship between Allied Properties Price To Sales Ratio and its Free Cash Flow Yield accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Allied Properties Real. 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.

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 Allied Properties Real Price To Sales Ratio account and Free Cash Flow Yield. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Allied Properties' Price To Sales Ratio and Free Cash Flow Yield is 0.1. 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 Allied Properties Real, assuming nothing else is changed. The correlation between historical values of Allied Properties' 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 Allied Properties Real 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., Allied Properties' Price To Sales Ratio and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

0.1
Relationship DirectionPositive 
Relationship StrengthInsignificant

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Allied Properties Real stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Allied Properties sales, a figure that is much harder to manipulate than other Allied Properties Real 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 Allied Properties' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Allied Properties Real 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Allied Properties Real. 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.
Selling General Administrative is likely to drop to about 12.7 M in 2024. Discontinued Operations is likely to drop to about 147.4 M in 2024
 2021 2022 2023 2024 (projected)
Gross Profit329.4M295.2M317.0M186.1M
Total Revenue568.9M519.5M564.0M325.1M

Allied Properties fundamental ratios Correlations

0.950.770.820.99-0.230.980.920.521.00.470.180.870.990.98-0.230.70.530.87-0.370.470.68-0.580.90.920.92
0.950.910.930.9-0.210.950.970.60.940.180.020.730.970.98-0.210.690.720.68-0.310.330.84-0.610.780.820.83
0.770.910.940.71-0.030.760.920.740.75-0.180.010.460.790.84-0.030.650.820.4-0.20.110.96-0.450.610.650.68
0.820.930.940.74-0.210.850.920.580.79-0.01-0.080.580.850.9-0.210.770.910.49-0.260.350.94-0.580.610.650.67
0.990.90.710.74-0.220.940.890.530.990.520.270.890.960.95-0.220.630.420.9-0.390.440.59-0.570.920.940.93
-0.23-0.21-0.03-0.21-0.22-0.27-0.2-0.07-0.24-0.26-0.12-0.41-0.24-0.241.0-0.03-0.24-0.150.0-0.080.010.88-0.05-0.05-0.02
0.980.950.760.850.94-0.270.90.40.970.460.020.850.990.99-0.270.750.60.84-0.350.540.7-0.60.830.860.86
0.920.970.920.920.89-0.20.90.690.910.140.140.70.930.95-0.20.710.690.65-0.270.30.86-0.60.770.810.82
0.520.60.740.580.53-0.070.40.690.53-0.280.570.270.490.52-0.070.250.440.2-0.1-0.280.63-0.420.460.50.5
1.00.940.750.790.99-0.240.970.910.530.470.190.880.980.97-0.240.630.490.87-0.380.410.64-0.60.90.920.92
0.470.18-0.18-0.010.52-0.260.460.14-0.280.470.260.70.420.34-0.260.31-0.290.8-0.260.67-0.23-0.20.530.50.47
0.180.020.01-0.080.27-0.120.020.140.570.190.260.240.080.05-0.120.02-0.280.27-0.03-0.09-0.08-0.150.290.290.25
0.870.730.460.580.89-0.410.850.70.270.880.70.240.840.81-0.410.560.280.93-0.380.550.37-0.640.90.890.88
0.990.970.790.850.96-0.240.990.930.490.980.420.080.841.0-0.240.710.570.83-0.340.460.72-0.590.860.880.89
0.980.980.840.90.95-0.240.990.950.520.970.340.050.811.0-0.240.740.650.79-0.340.450.78-0.60.830.860.87
-0.23-0.21-0.03-0.21-0.221.0-0.27-0.2-0.07-0.24-0.26-0.12-0.41-0.24-0.24-0.03-0.24-0.150.0-0.080.010.88-0.05-0.05-0.02
0.70.690.650.770.63-0.030.750.710.250.630.310.020.560.710.74-0.030.630.61-0.160.760.76-0.260.570.590.62
0.530.720.820.910.42-0.240.60.690.440.49-0.29-0.280.280.570.65-0.240.630.14-0.180.210.88-0.50.280.320.34
0.870.680.40.490.9-0.150.840.650.20.870.80.270.930.830.79-0.150.610.14-0.390.650.31-0.380.920.910.9
-0.37-0.31-0.2-0.26-0.390.0-0.35-0.27-0.1-0.38-0.26-0.03-0.38-0.34-0.340.0-0.16-0.18-0.39-0.19-0.140.11-0.32-0.33-0.3
0.470.330.110.350.44-0.080.540.3-0.280.410.67-0.090.550.460.45-0.080.760.210.65-0.190.22-0.110.420.410.42
0.680.840.960.940.590.010.70.860.630.64-0.23-0.080.370.720.780.010.760.880.31-0.140.22-0.370.50.540.58
-0.58-0.61-0.45-0.58-0.570.88-0.6-0.6-0.42-0.6-0.2-0.15-0.64-0.59-0.60.88-0.26-0.5-0.380.11-0.11-0.37-0.41-0.42-0.41
0.90.780.610.610.92-0.050.830.770.460.90.530.290.90.860.83-0.050.570.280.92-0.320.420.5-0.411.00.99
0.920.820.650.650.94-0.050.860.810.50.920.50.290.890.880.86-0.050.590.320.91-0.330.410.54-0.421.01.0
0.920.830.680.670.93-0.020.860.820.50.920.470.250.880.890.87-0.020.620.340.9-0.30.420.58-0.410.991.0
Click cells to compare fundamentals

Allied Properties Account Relationship Matchups

Allied Properties fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.3B9.4B10.4B11.9B10.6B11.1B
Short Long Term Debt Total2.3B2.9B3.6B4.3B4.9B5.1B
Other Current Liab53.6M67.3M41.6M150.9M238.3M250.2M
Total Current Liabilities276.9M304.8M339.6M825.0M864.4M907.6M
Total Stockholder Equity5.7B6.2B6.4B6.6B6.1B6.4B
Property Plant And Equipment Net22.9M22.2M28.2M23.8M24.7M23.4M
Net Debt2.1B2.8B3.6B4.2B3.4B3.6B
Accounts Payable157.0M169.4M180.4M245.7M283.3M297.5M
Cash208.9M45.5M22.5M21.0M211.1M221.6M
Non Current Assets Total8.0B9.3B10.1B10.1B10.0B10.5B
Non Currrent Assets Other8.0B9.3B10.0B10.1B209.8M199.3M
Cash And Short Term Investments208.9M45.5M22.5M21.0M24.1M29.5M
Common Stock Shares Outstanding112.7M124.5M127.5M136.9M128.0M72.9M
Liabilities And Stockholders Equity8.3B9.4B10.4B11.9B13.7B14.4B
Non Current Liabilities Total2.3B2.9B3.6B4.0B3.6B3.8B
Total Liab2.6B3.2B4.0B4.8B4.5B4.7B
Property Plant And Equipment Gross22.9M22.2M28.2M23.8M24.7M23.4M
Total Current Assets342.7M110.1M310.2M1.8B633.7M665.4M
Short Term Debt29.2M26.7M36.1M346.9M399.0M418.9M
Retained Earnings2.0B2.3B2.5B2.6B1.6B997.4M
Other Stockholder Equity22.3M27.0M31.2M34.8M31.4M29.8M
Net Receivables73.4M35.6M176.2M420.2M17.1M16.2M
Other Current Assets60.4M28.9M25.2M1.4B1.6B1.7B
Common Stock Total Equity2.4B2.8B3.7B3.9B4.5B2.6B
Common Stock3.7B3.9B3.9B3.9B4.5B2.9B
Net Tangible Assets5.7B6.2B6.4B6.6B7.6B4.7B
Other Assets375.5M575.9M507.7M361.3M415.5M298.6M
Long Term Debt2.1B2.7B3.4B3.9B3.5B2.5B
Long Term Investments95.6M117.1M124.8M7.1M8.9M8.4M
Short Long Term Debt29.2M26.7M36.1M346.9M149.2M196.8M
Property Plant Equipment7.5B8.7B9.6B9.7B11.1B7.0B
Current Deferred Revenue63.8M75.1M81.5M81.5M93.7M65.6M
Capital Lease Obligations155.2M157.1M157.6M50.9M50.6M48.1M
Net Invested Capital7.9B8.9B9.9B10.8B9.8B9.3B
Net Working Capital313.2M127.8M194.0M987.8M(230.7M)(219.2M)
Capital Stock3.7B3.9B3.9B3.9B4.5B4.2B

Pair Trading with Allied Properties

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 Allied Properties 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 Allied Properties will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Allied Properties could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Allied Properties 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 Allied Properties - 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 Allied Properties Real to buy it.
The correlation of Allied Properties 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 Allied Properties moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Allied Properties Real 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 Allied Properties 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.
Pair CorrelationCorrelation Matching
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Allied Properties Real. 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.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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When running Allied Properties' price analysis, check to measure Allied Properties' 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 Allied Properties is operating at the current time. Most of Allied Properties' value examination focuses on studying past and present price action to predict the probability of Allied Properties' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Allied Properties' price. Additionally, you may evaluate how the addition of Allied Properties to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Allied Properties' value and its price as these two are different measures arrived at by different means. Investors typically determine if Allied Properties is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allied Properties' 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.