Best Pfcf Ratio vs Roic Analysis
BBY Stock | USD 71.50 1.87 2.69% |
Best Buy financial indicator trend analysis is way more than just evaluating Best Buy prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Best Buy is a good investment. Please check the relationship between Best Buy Pfcf Ratio and its Roic accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Best Buy 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 bureau of labor statistics.
Pfcf Ratio vs Roic
Pfcf Ratio vs Roic Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Best Buy Pfcf Ratio account and Roic. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Best Buy's Pfcf Ratio and Roic is 0.86. Overlapping area represents the amount of variation of Pfcf Ratio that can explain the historical movement of Roic in the same time period over historical financial statements of Best Buy Co, assuming nothing else is changed. The correlation between historical values of Best Buy's Pfcf Ratio and Roic is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pfcf Ratio of Best Buy Co are associated (or correlated) with its Roic. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roic has no effect on the direction of Pfcf Ratio i.e., Best Buy's Pfcf Ratio and Roic go up and down completely randomly.
Correlation Coefficient | 0.86 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Pfcf Ratio
Roic
Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.Most indicators from Best Buy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Best Buy 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 Best Buy 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 bureau of labor statistics. At this time, Best Buy's Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 23.7 M in 2024, whereas Selling General Administrative is likely to drop slightly above 5.1 B in 2024.
2021 | 2022 | 2024 (projected) | Interest Expense | 25M | 35M | 60.3M | Depreciation And Amortization | 835M | 1.1B | 482.9M |
Best Buy fundamental ratios Correlations
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Best Buy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Best Buy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 15.6B | 19.1B | 17.5B | 15.8B | 15.0B | 9.7B | |
Short Long Term Debt Total | 4.1B | 4.1B | 3.9B | 4.0B | 4.0B | 4.2B | |
Other Current Liab | 1.3B | 1.7B | 1.8B | 1.2B | 1.4B | 881.9M | |
Total Current Liabilities | 8.1B | 10.5B | 10.7B | 9.0B | 7.9B | 5.2B | |
Total Stockholder Equity | 3.5B | 4.6B | 3.0B | 2.8B | 3.1B | 2.9B | |
Property Plant And Equipment Net | 5.0B | 4.9B | 4.9B | 5.1B | 5.0B | 5.3B | |
Net Debt | 1.8B | (1.4B) | 1.0B | 2.1B | 2.5B | 2.7B | |
Retained Earnings | 3.2B | 4.2B | 2.7B | 2.4B | 2.7B | 2.5B | |
Cash | 2.2B | 5.5B | 2.9B | 1.9B | 1.4B | 1.3B | |
Non Current Assets Total | 6.7B | 6.5B | 7.0B | 7.0B | 7.1B | 7.4B | |
Non Currrent Assets Other | 615M | 561M | 548M | 469M | 454M | 476.7M | |
Cash And Short Term Investments | 2.2B | 5.5B | 2.9B | 1.9B | 1.4B | 1.7B | |
Net Receivables | 1.1B | 1.1B | 1.0B | 1.1B | 939M | 782.2M | |
Common Stock Shares Outstanding | 268.1M | 263M | 249.3M | 225.7M | 218.5M | 386.0M | |
Liabilities And Stockholders Equity | 15.6B | 19.1B | 17.5B | 15.8B | 15.0B | 9.6B | |
Non Current Liabilities Total | 4.1B | 4.0B | 3.8B | 4.0B | 4.0B | 4.2B | |
Other Current Assets | 305M | 373M | 596M | 647M | 553M | 422.9M | |
Other Stockholder Equity | 295M | 328M | 329M | 21M | 31M | 29.5M | |
Total Liab | 12.1B | 14.5B | 14.5B | 13.0B | 11.9B | 6.7B | |
Total Current Assets | 8.9B | 12.5B | 10.5B | 8.8B | 7.9B | 6.3B | |
Accumulated Other Comprehensive Income | 295M | 328M | 329M | 322M | 317M | 332.9M | |
Short Term Debt | 674M | 817M | 661M | 654M | 631M | 662.6M | |
Accounts Payable | 5.3B | 7.0B | 6.8B | 5.7B | 4.6B | 3.6B | |
Current Deferred Revenue | 782M | 1.0B | 1.4B | 1.4B | 1.3B | 926.9M | |
Good Will | 984M | 986M | 1.4B | 1.4B | 1.6B | 1.1B | |
Intangible Assets | 363M | 301M | 275M | 189M | 128M | 223.0M | |
Short Term Investments | 183M | 117M | 65M | 178M | 160.2M | 152.2M | |
Other Assets | 243M | 277M | 352M | 520M | 468M | 316M | |
Long Term Debt | 1.3B | 1.1B | 1.1B | 1.2B | 1.2B | 931M | |
Long Term Debt Total | 1.3B | 1.3B | 1.2B | 1.2B | 1.3B | 1.3B | |
Cash And Equivalents | 2.2B | 5.5B | 2.9B | 1.9B | 2.2B | 2.8B | |
Property Plant Equipment | 5.0B | 4.9B | 4.9B | 5.1B | 5.9B | 4.3B | |
Other Liab | 657M | 694M | 533M | 705M | 634.5M | 534.1M | |
Net Tangible Assets | 2.1B | 3.3B | 1.4B | 3.6B | 4.1B | 2.7B | |
Net Invested Capital | 4.8B | 5.8B | 4.2B | 1.2B | 4.2B | 3.3B | |
Short Long Term Debt | 14M | 110M | 13M | 16M | 14.4M | 13.7M | |
Non Current Liabilities Other | 657M | 694M | 533M | 705M | 654M | 532.4M |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Best Buy 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 bureau of labor statistics. Note that the Best Buy information on this page should be used as a complementary analysis to other Best Buy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
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Is Best Buy'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 Best Buy. If investors know Best 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 Best Buy 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 (0.05) | Dividend Share 3.68 | Earnings Share 5.68 | Revenue Per Share 199.596 | Quarterly Revenue Growth (0.01) |
The market value of Best Buy is measured differently than its book value, which is the value of Best that is recorded on the company's balance sheet. Investors also form their own opinion of Best Buy's value that differs from its market value or its book value, called intrinsic value, which is Best Buy'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 Best Buy's market value can be influenced by many factors that don't directly affect Best Buy'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 Best Buy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Best Buy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Best Buy'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.