Pinnacle Ev To Free Cash Flow vs Free Cash Flow Yield Analysis
PNW Stock | USD 77.77 0.85 1.08% |
Pinnacle West financial indicator trend analysis is much more than just breaking down Pinnacle West Capital prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pinnacle West Capital is a good investment. Please check the relationship between Pinnacle West Ev To Free Cash Flow and its Free Cash Flow Yield accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pinnacle West Capital. 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.
Ev To Free Cash Flow vs Free Cash Flow Yield
Ev To Free Cash Flow vs Free Cash Flow Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pinnacle West Capital Ev To Free Cash Flow account and Free Cash Flow Yield. At this time, the significance of the direction appears to have very week relationship.
The correlation between Pinnacle West's Ev To Free Cash Flow and Free Cash Flow Yield is 0.23. Overlapping area represents the amount of variation of Ev To Free Cash Flow that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Pinnacle West Capital, assuming nothing else is changed. The correlation between historical values of Pinnacle West's Ev To Free Cash Flow 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 Ev To Free Cash Flow of Pinnacle West Capital 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 Ev To Free Cash Flow i.e., Pinnacle West's Ev To Free Cash Flow and Free Cash Flow Yield go up and down completely randomly.
Correlation Coefficient | 0.23 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Ev To Free Cash Flow
A valuation metric comparing the company's enterprise value to its free cash flow, used to evaluate whether a company is undervalued or overvalued.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 Pinnacle West's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pinnacle West Capital 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pinnacle West Capital. 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. Tax Provision is likely to climb to about 111.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 151.7 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.7B | 1.7B | 1.8B | 1.8B | Total Revenue | 3.8B | 4.3B | 4.7B | 3.1B |
Pinnacle West fundamental ratios Correlations
Click cells to compare fundamentals
Pinnacle West Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pinnacle West fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 112.8M | 112.9M | 113.2M | 113.4M | 113.8M | 105.8M | |
Total Assets | 18.5B | 20.0B | 22.0B | 22.7B | 24.7B | 14.0B | |
Short Long Term Debt Total | 5.8B | 6.9B | 8.2B | 8.9B | 10.3B | 10.8B | |
Other Current Liab | 739.6M | 749.7M | 779.1M | 793.3M | 852.5M | 548.6M | |
Total Current Liabilities | 2.1B | 1.4B | 1.8B | 1.8B | 2.9B | 1.4B | |
Total Stockholder Equity | 5.4B | 5.6B | 5.9B | 6.0B | 6.2B | 4.1B | |
Property Plant And Equipment Net | 14.4B | 15.4B | 16.6B | 17.4B | 19.0B | 10.5B | |
Net Debt | 5.8B | 6.9B | 8.2B | 8.9B | 10.3B | 10.8B | |
Retained Earnings | 2.8B | 3.0B | 3.3B | 3.4B | 3.5B | 1.8B | |
Accounts Payable | 346.4M | 318.6M | 393.1M | 430.4M | 442.5M | 311.4M | |
Cash | 10.3M | 60.0M | 10.0M | 4.8M | 5.0M | 4.7M | |
Non Current Assets Total | 17.4B | 18.8B | 20.5B | 21.0B | 22.7B | 12.9B | |
Non Currrent Assets Other | 97.0M | 92.9M | 97.9M | 1.9B | 1.9B | 1.1B | |
Cash And Short Term Investments | 10.3M | 60.0M | 10.0M | 4.8M | 5.0M | 4.7M | |
Net Receivables | 408.1M | 432.8M | 508.1M | 608.3M | 659.3M | 448.5M | |
Common Stock Total Equity | 2.6B | 2.7B | 2.7B | 2.7B | 3.1B | 2.1B | |
Liabilities And Stockholders Equity | 18.5B | 20.0B | 22.0B | 22.7B | 24.7B | 14.0B | |
Non Current Liabilities Total | 10.8B | 12.9B | 14.2B | 14.8B | 15.5B | 8.4B | |
Inventory | 345.9M | 334.3M | 367.2M | 450.6M | 493.5M | 518.2M | |
Other Current Assets | 195.0M | 192.5M | 214.3M | 138.4M | 264.0M | 227.7M | |
Other Stockholder Equity | (9.4M) | (6.3M) | (6.4M) | (5.0M) | (8.2M) | (7.8M) | |
Total Liab | 12.9B | 14.3B | 16.0B | 16.6B | 18.4B | 9.8B | |
Property Plant And Equipment Gross | 14.4B | 15.4B | 24.5B | 25.7B | 27.8B | 29.2B | |
Total Current Assets | 1.0B | 1.2B | 1.6B | 1.8B | 1.9B | 1.1B | |
Accumulated Other Comprehensive Income | (57.1M) | (62.8M) | (54.9M) | (31.4M) | (33.1M) | (34.8M) | |
Short Term Debt | 927.4M | 243.8M | 542.4M | 496.6M | 1.6B | 1.6B | |
Common Stock | 2.7B | 2.7B | 2.7B | 2.7B | 2.8B | 2.4B | |
Current Deferred Revenue | 64.9M | 48.3M | 42.3M | 41.8M | 42.0M | 73.5M | |
Other Liab | 6.0B | 6.2B | 6.6B | 6.4B | 7.4B | 7.8B | |
Other Assets | 2.9B | 3.3B | 3.7B | 3.3B | 3.8B | 4.0B | |
Long Term Debt | 4.8B | 6.3B | 6.9B | 7.7B | 7.5B | 4.3B | |
Property Plant Equipment | 14.5B | 15.2B | 16.0B | 2.7B | 3.1B | 2.9B | |
Treasury Stock | (4.8M) | (9.4M) | (6.3M) | (6.4M) | (5.8M) | (6.0M) | |
Intangible Assets | 290.6M | 282.6M | 273.7M | 258.9M | 267.1M | 190.7M | |
Short Term Investments | 515K | 2.9M | 63.5M | 5.7B | 38.6M | 36.7M | |
Noncontrolling Interest In Consolidated Entity | 125.8M | 122.5M | 119.3M | 115.3M | 132.5M | 95.8M | |
Retained Earnings Total Equity | 2.6B | 2.8B | 3.0B | 3.3B | 3.8B | 2.0B | |
Deferred Long Term Liab | 1.3B | 1.1B | 1.2B | 1.3B | 1.5B | 934.3M |
Also Currently Popular
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 Pinnacle West Capital is a strong investment it is important to analyze Pinnacle West'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 Pinnacle West's future performance. For an informed investment choice regarding Pinnacle Stock, refer to the following important reports:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pinnacle West Capital. 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 Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Complementary Tools for Pinnacle Stock analysis
When running Pinnacle West's price analysis, check to measure Pinnacle West'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 Pinnacle West is operating at the current time. Most of Pinnacle West's value examination focuses on studying past and present price action to predict the probability of Pinnacle West's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pinnacle West's price. Additionally, you may evaluate how the addition of Pinnacle West to your portfolios can decrease your overall portfolio volatility.
Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges |
Is Pinnacle West'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 Pinnacle West. If investors know Pinnacle 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 Pinnacle West 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 0.215 | Dividend Share 3.49 | Earnings Share 4.59 | Revenue Per Share 41.431 | Quarterly Revenue Growth 0.007 |
The market value of Pinnacle West Capital is measured differently than its book value, which is the value of Pinnacle that is recorded on the company's balance sheet. Investors also form their own opinion of Pinnacle West's value that differs from its market value or its book value, called intrinsic value, which is Pinnacle West'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 Pinnacle West's market value can be influenced by many factors that don't directly affect Pinnacle West'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 Pinnacle West's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pinnacle West is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pinnacle West'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.