Best Financial Ratios Analysis

BBY Stock

USD 74.47 2.03 2.80%

Most ratios from Best Buy's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios 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 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 Best Buy Valuation and Best Buy Correlation analysis.

Dividend Paid And Capex Coverage Ratio is likely to rise to 0.24 in 2024, whereas Interest Coverage is likely to drop (1.12) in 2024.

	2010	2014	2020	2024 (projected)
Dividend Yield	0.0289	0.0235	0.0486	0.0204
Price To Sales Ratio	0.19	0.51	0.38	0.0561

Dividend Yield Price To Sales Ratio

Best Buy fundamentals Correlations

	Price To Sales Ratio	Dividend Yield	Ptb Ratio	Days Sales Outstanding	Book Value Per Share	Free Cash Flow Yield	Invested Capital	Operating Cash Flow Per Share	Capex To Depreciation	Pb Ratio	Ev To Sales	Free Cash Flow Per Share	Roic	Inventory Turnover	Net Income Per Share	Days Of Inventory On Hand	Payables Turnover	Capex To Revenue	Cash Per Share	Pocfratio	Interest Coverage	Payout Ratio	Capex To Operating Cash Flow	Pfcf Ratio	Days Payables Outstanding	Income Quality
Price To Sales Ratio		-0.04	0.99	0.12	0.8	0.58	0.75	1.0	0.07	0.99	0.99	0.96	0.68	0.68	0.94	-0.71	-0.53	-0.84	0.55	0.58	0.61	-0.01	-0.47	0.26	0.5	-0.39
Dividend Yield	-0.04		0.09	-0.23	0.43	0.08	-0.62	-0.06	0.32	0.09	0.03	-0.32	0.7	0.69	0.29	-0.67	-0.05	-0.5	-0.15	0.42	0.37	0.98	-0.35	0.87	-0.14	-0.68
Ptb Ratio	0.99	0.09		0.04	0.83	0.54	0.68	0.98	0.06	1.0	1.0	0.91	0.76	0.78	0.98	-0.8	-0.48	-0.91	0.48	0.59	0.66	0.11	-0.47	0.35	0.43	-0.51
Days Sales Outstanding	0.12	-0.23	0.04		0.36	0.83	-0.07	0.17	0.85	0.04	-0.01	0.22	0.03	-0.2	-0.04	0.17	-0.87	0.13	0.9	0.63	-0.05	-0.01	-0.75	0.22	0.92	0.69
Book Value Per Share	0.8	0.43	0.83	0.36		0.82	0.21	0.81	0.56	0.83	0.78	0.65	0.92	0.84	0.87	-0.86	-0.78	-0.87	0.69	0.93	0.66	0.53	-0.85	0.77	0.67	-0.41
Free Cash Flow Yield	0.58	0.08	0.54	0.83	0.82		0.13	0.61	0.84	0.54	0.48	0.56	0.56	0.37	0.51	-0.4	-1.0	-0.44	0.97	0.93	0.37	0.27	-0.96	0.56	0.97	0.19
Invested Capital	0.75	-0.62	0.68	-0.07	0.21	0.13		0.74	-0.43	0.68	0.73	0.87	0.04	0.12	0.54	-0.15	-0.09	-0.35	0.23	-0.04	0.23	-0.65	0.11	-0.45	0.19	-0.06
Operating Cash Flow Per Share	1.0	-0.06	0.98	0.17	0.81	0.61	0.74		0.11	0.98	0.98	0.96	0.67	0.66	0.93	-0.69	-0.56	-0.82	0.59	0.6	0.6	-0.01	-0.5	0.26	0.54	-0.35
Capex To Depreciation	0.07	0.32	0.06	0.85	0.56	0.84	-0.43	0.11		0.06	-0.02	0.01	0.39	0.17	0.09	-0.18	-0.86	-0.12	0.78	0.83	0.14	0.52	-0.91	0.68	0.8	0.32
Pb Ratio	0.99	0.09	1.0	0.04	0.83	0.54	0.68	0.98	0.06		1.0	0.91	0.76	0.78	0.98	-0.8	-0.48	-0.91	0.48	0.59	0.66	0.11	-0.47	0.35	0.43	-0.51
Ev To Sales	0.99	0.03	1.0	-0.01	0.78	0.48	0.73	0.98	-0.02	1.0		0.93	0.71	0.74	0.97	-0.77	-0.43	-0.88	0.43	0.52	0.64	0.04	-0.39	0.27	0.39	-0.51
Free Cash Flow Per Share	0.96	-0.32	0.91	0.22	0.65	0.56	0.87	0.96	0.01	0.91	0.93		0.45	0.45	0.81	-0.48	-0.52	-0.65	0.59	0.46	0.47	-0.27	-0.38	0.01	0.55	-0.16
Roic	0.68	0.7	0.76	0.03	0.92	0.56	0.04	0.67	0.39	0.76	0.71	0.45		0.97	0.86	-0.98	-0.5	-0.94	0.37	0.79	0.7	0.73	-0.67	0.86	0.35	-0.71
Inventory Turnover	0.68	0.69	0.78	-0.2	0.84	0.37	0.12	0.66	0.17	0.78	0.74	0.45	0.97		0.89	-1.0	-0.31	-0.97	0.18	0.63	0.71	0.67	-0.49	0.76	0.15	-0.84
Net Income Per Share	0.94	0.29	0.98	-0.04	0.87	0.51	0.54	0.93	0.09	0.98	0.97	0.81	0.86	0.89		-0.9	-0.44	-0.97	0.4	0.63	0.71	0.29	-0.49	0.49	0.36	-0.65
Days Of Inventory On Hand	-0.71	-0.67	-0.8	0.17	-0.86	-0.4	-0.15	-0.69	-0.18	-0.8	-0.77	-0.48	-0.98	-1.0	-0.9		0.34	0.98	-0.22	-0.65	-0.72	-0.65	0.51	-0.75	-0.19	0.82
Payables Turnover	-0.53	-0.05	-0.48	-0.87	-0.78	-1.0	-0.09	-0.56	-0.86	-0.48	-0.43	-0.52	-0.5	-0.31	-0.44	0.34		0.38	-0.98	-0.92	-0.32	-0.25	0.95	-0.54	-0.98	-0.25
Capex To Revenue	-0.84	-0.5	-0.91	0.13	-0.87	-0.44	-0.35	-0.82	-0.12	-0.91	-0.88	-0.65	-0.94	-0.97	-0.97	0.98	0.38		-0.29	-0.64	-0.73	-0.49	0.49	-0.63	-0.25	0.77
Cash Per Share	0.55	-0.15	0.48	0.9	0.69	0.97	0.23	0.59	0.78	0.48	0.43	0.59	0.37	0.18	0.4	-0.22	-0.98	-0.29		0.83	0.26	0.05	-0.87	0.36	1.0	0.38
Pocfratio	0.58	0.42	0.59	0.63	0.93	0.93	-0.04	0.6	0.83	0.59	0.52	0.46	0.79	0.63	0.63	-0.65	-0.92	-0.64	0.83		0.51	0.57	-0.98	0.81	0.82	-0.12
Interest Coverage	0.61	0.37	0.66	-0.05	0.66	0.37	0.23	0.6	0.14	0.66	0.64	0.47	0.7	0.71	0.71	-0.72	-0.32	-0.73	0.26	0.51		0.38	-0.41	0.49	0.23	-0.54
Payout Ratio	-0.01	0.98	0.11	-0.01	0.53	0.27	-0.65	-0.01	0.52	0.11	0.04	-0.27	0.73	0.67	0.29	-0.65	-0.25	-0.49	0.05	0.57	0.38		-0.53	0.94	0.06	-0.55
Capex To Operating Cash Flow	-0.47	-0.35	-0.47	-0.75	-0.85	-0.96	0.11	-0.5	-0.91	-0.47	-0.39	-0.38	-0.67	-0.49	-0.49	0.51	0.95	0.49	-0.87	-0.98	-0.41	-0.53		-0.77	-0.88	-0.05
Pfcf Ratio	0.26	0.87	0.35	0.22	0.77	0.56	-0.45	0.26	0.68	0.35	0.27	0.01	0.86	0.76	0.49	-0.75	-0.54	-0.63	0.36	0.81	0.49	0.94	-0.77		0.37	-0.47
Days Payables Outstanding	0.5	-0.14	0.43	0.92	0.67	0.97	0.19	0.54	0.8	0.43	0.39	0.55	0.35	0.15	0.36	-0.19	-0.98	-0.25	1.0	0.82	0.23	0.06	-0.88	0.37		0.4
Income Quality	-0.39	-0.68	-0.51	0.69	-0.41	0.19	-0.06	-0.35	0.32	-0.51	-0.51	-0.16	-0.71	-0.84	-0.65	0.82	-0.25	0.77	0.38	-0.12	-0.54	-0.55	-0.05	-0.47	0.4

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Best Buy Account Relationship Matchups

Pair Trading with Best Buy

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 Best Buy 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 Best Buy will appreciate offsetting losses from the drop in the long position's value.

Moving together with Best Stock

0.85	W	Wayfair	Pair Corr
0.63	DIBS	1StdibsCom Earnings Call This Week	Pair Corr

Moving against Best Stock

0.69	BQ	Boqii Holding Limited	Pair Corr
0.55	WINA	Winmark	Pair Corr
0.52	JL	J Long Group	Pair Corr

The ability to find closely correlated positions to Best Buy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Best Buy 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 Best Buy - 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 Best Buy Co to buy it.

The correlation of Best Buy 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 Best Buy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Best Buy 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 Best Buy 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 Correlation Correlation Matching

When determining whether Best Buy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Best Buy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Best Buy Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Best Buy Co Stock:

How To Invest In Best

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Is Best Stock a good investment?

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What is Best Buy's Net Worth?

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Largest Consumer Discretionary Distribution & Retail Companies

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Check out Best Buy Valuation and Best Buy Correlation analysis.

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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

Complementary Tools for Best Stock analysis

When running Best Buy's price analysis, check to measure Best Buy'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 Best Buy is operating at the current time. Most of Best Buy's value examination focuses on studying past and present price action to predict the probability of Best Buy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Best Buy's price. Additionally, you may evaluate how the addition of Best Buy to your portfolios can decrease your overall portfolio volatility.

	Technical Analysis Check basic technical indicators and analysis based on most latest market data
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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.

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Best Financial Ratios Analysis

Best Buy fundamentals Correlations

Best Buy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Pair Trading with Best Buy

Moving together with Best Stock

Moving against Best Stock

Complementary Tools for Best Stock analysis

COMMON DESTINATIONS

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COMPANY

Operating Cash Flow Per Share	+ 1.0	Price To Sales Ratio
Pb Ratio	+ 1.0	Ptb Ratio
Ev To Sales	+ 1.0	Ptb Ratio
Ev To Sales	+ 1.0	Pb Ratio
Days Payables Outstanding	+ 1.0	Cash Per Share
Ptb Ratio	+ 0.99	Price To Sales Ratio

Days Of Inventory On Hand	- 1.0	Inventory Turnover
Payables Turnover	- 1.0	Free Cash Flow Yield
Capex To Operating Cash Flow	- 0.98	Pocfratio
Days Payables Outstanding	- 0.98	Payables Turnover
Cash Per Share	- 0.98	Payables Turnover
Days Of Inventory On Hand	- 0.98	Roic