FSTR Enterprise Value Multiple from 2010 to 2024

FSTR Stock  USD 18.50  0.42  2.22%   
LB Foster Enterprise Value Multiple yearly trend continues to be relatively stable with very little volatility. Enterprise Value Multiple is likely to grow to 12.34 this year. During the period from 2010 to 2024, LB Foster Enterprise Value Multiple destribution of quarterly values had range of 77.704 from its regression line and mean deviation of  9.88. View All Fundamentals
 
Enterprise Value Multiple  
First Reported
2010-12-31
Previous Quarter
11.48952071
Current Value
12.34
Quarterly Volatility
17.20846675
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check LB Foster financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among LB Foster's main balance sheet or income statement drivers, such as Depreciation And Amortization of 16 M, Interest Expense of 3.4 M or Total Revenue of 419.1 M, as well as many indicators such as Price To Sales Ratio of 0.28, Dividend Yield of 0.0043 or PTB Ratio of 0.87. FSTR financial statements analysis is a perfect complement when working with LB Foster Valuation or Volatility modules.
  
Check out the analysis of LB Foster Correlation against competitors.
To learn how to invest in FSTR Stock, please use our How to Invest in LB Foster guide.

Latest LB Foster's Enterprise Value Multiple Growth Pattern

Below is the plot of the Enterprise Value Multiple of LB Foster over the last few years. It is LB Foster's Enterprise Value Multiple historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in LB Foster's overall financial position and show how it may be relating to other accounts over time.
Enterprise Value Multiple10 Years Trend
Pretty Stable
   Enterprise Value Multiple   
       Timeline  

FSTR Enterprise Value Multiple Regression Statistics

Arithmetic Mean10.17
Geometric Mean12.73
Coefficient Of Variation169.21
Mean Deviation9.88
Median9.03
Standard Deviation17.21
Sample Variance296.13
Range77.704
R-Value0.27
Mean Square Error295.75
R-Squared0.07
Significance0.33
Slope1.04
Total Sum of Squares4,146

FSTR Enterprise Value Multiple History

2024 12.34
2023 11.49
2022 24.33
2021 13.39
2020 8.93
2019 8.86
2018 -17.05

About LB Foster Financial Statements

LB Foster shareholders use historical fundamental indicators, such as Enterprise Value Multiple, to determine how well the company is positioned to perform in the future. Although LB Foster investors may analyze each financial statement separately, they are all interrelated. The changes in LB Foster's assets and liabilities, for example, are also reflected in the revenues and expenses on on LB Foster's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Enterprise Value Multiple 11.49  12.34 

Pair Trading with LB Foster

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 LB Foster 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 LB Foster will appreciate offsetting losses from the drop in the long position's value.

Moving against FSTR Stock

  0.68MMM 3M Company Fiscal Year End 28th of January 2025 PairCorr
  0.56R Ryder SystemPairCorr
  0.49BV BrightView Holdings Fiscal Year End 21st of November 2024 PairCorr
  0.37AP Ampco PittsburghPairCorr
  0.36FIP FTAI InfrastructurePairCorr
The ability to find closely correlated positions to LB Foster could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace LB Foster 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 LB Foster - 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 LB Foster to buy it.
The correlation of LB Foster 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 LB Foster moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if LB Foster 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 LB Foster 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

Additional Tools for FSTR Stock Analysis

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