Ufp Income Tax Expense vs Extraordinary Items Analysis

UFPI Stock  USD 113.83  0.17  0.15%   
Ufp Industries financial indicator trend analysis is much more than just breaking down Ufp Industries prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ufp Industries is a good investment. Please check the relationship between Ufp Industries Income Tax Expense and its Extraordinary Items accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Ufp Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For more detail on how to invest in Ufp Stock please use our How to Invest in Ufp Industries guide.

Income Tax Expense vs Extraordinary Items

Income Tax Expense vs Extraordinary Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ufp Industries Income Tax Expense account and Extraordinary Items. At this time, the significance of the direction appears to have strong relationship.
The correlation between Ufp Industries' Income Tax Expense and Extraordinary Items is 0.73. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Extraordinary Items in the same time period over historical financial statements of Ufp Industries, assuming nothing else is changed. The correlation between historical values of Ufp Industries' Income Tax Expense and Extraordinary Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Tax Expense of Ufp Industries are associated (or correlated) with its Extraordinary Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Extraordinary Items has no effect on the direction of Income Tax Expense i.e., Ufp Industries' Income Tax Expense and Extraordinary Items go up and down completely randomly.

Correlation Coefficient

0.73
Relationship DirectionPositive 
Relationship StrengthSignificant

Income Tax Expense

Extraordinary Items

Most indicators from Ufp Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ufp Industries 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Ufp Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For more detail on how to invest in Ufp Stock please use our How to Invest in Ufp Industries guide.As of now, Ufp Industries' Enterprise Value is increasing as compared to previous years.
 2021 2022 2023 2024 (projected)
Interest Expense11.2M15.4M12.8M9.4M
Depreciation And Amortization98.1M113.6M131.9M138.5M

Ufp Industries fundamental ratios Correlations

0.940.960.930.990.98-0.820.990.860.91.00.780.910.930.50.780.920.880.950.940.891.00.520.84-0.020.63
0.940.90.920.920.91-0.740.920.880.860.920.730.870.910.380.790.870.790.860.930.890.960.60.89-0.060.69
0.960.90.980.920.89-0.650.920.940.760.940.890.770.980.450.880.980.820.850.990.730.960.490.84-0.090.72
0.930.920.980.880.86-0.590.880.970.720.910.870.740.990.420.870.970.750.810.990.720.940.580.83-0.090.72
0.990.920.920.881.0-0.871.00.80.930.990.720.940.890.50.720.880.90.970.890.910.990.510.820.010.57
0.980.910.890.861.0-0.870.990.790.940.990.670.940.870.540.680.850.90.980.870.920.980.520.810.060.55
-0.82-0.74-0.65-0.59-0.87-0.87-0.88-0.47-0.98-0.82-0.47-0.97-0.57-0.28-0.42-0.54-0.7-0.88-0.61-0.94-0.81-0.47-0.570.12-0.25
0.990.920.920.881.00.99-0.880.790.940.990.710.940.880.480.710.870.890.970.890.910.990.530.810.00.56
0.860.880.940.970.80.79-0.470.790.610.840.840.630.980.510.890.940.690.740.970.650.870.470.81-0.020.74
0.90.860.760.720.930.94-0.980.940.610.90.571.00.70.330.540.670.770.920.740.980.90.540.7-0.110.38
1.00.920.940.910.990.99-0.820.990.840.90.760.910.920.550.760.910.910.970.920.880.990.480.830.020.62
0.780.730.890.870.720.67-0.470.710.840.570.760.580.860.270.880.840.610.620.890.540.780.360.69-0.430.68
0.910.870.770.740.940.94-0.970.940.631.00.910.580.720.340.550.680.770.930.750.980.910.550.71-0.110.4
0.930.910.980.990.890.87-0.570.880.980.70.920.860.720.520.890.980.790.820.990.710.940.490.84-0.010.75
0.50.380.450.420.50.54-0.280.480.510.330.550.270.340.520.390.490.630.630.450.420.47-0.230.420.610.31
0.780.790.880.870.720.68-0.420.710.890.540.760.880.550.890.390.880.670.640.910.560.790.250.76-0.10.84
0.920.870.980.970.880.85-0.540.870.940.670.910.840.680.980.490.880.820.810.970.650.920.460.820.040.74
0.880.790.820.750.90.9-0.70.890.690.770.910.610.770.790.630.670.820.90.780.760.870.230.820.180.63
0.950.860.850.810.970.98-0.880.970.740.920.970.620.930.820.630.640.810.90.820.920.940.410.750.140.48
0.940.930.990.990.890.87-0.610.890.970.740.920.890.750.990.450.910.970.780.820.740.950.50.86-0.10.75
0.890.890.730.720.910.92-0.940.910.650.980.880.540.980.710.420.560.650.760.920.740.890.490.74-0.050.43
1.00.960.960.940.990.98-0.810.990.870.90.990.780.910.940.470.790.920.870.940.950.890.540.85-0.040.64
0.520.60.490.580.510.52-0.470.530.470.540.480.360.550.49-0.230.250.460.230.410.50.490.540.43-0.250.25
0.840.890.840.830.820.81-0.570.810.810.70.830.690.710.840.420.760.820.820.750.860.740.850.43-0.010.88
-0.02-0.06-0.09-0.090.010.060.120.0-0.02-0.110.02-0.43-0.11-0.010.61-0.10.040.180.14-0.1-0.05-0.04-0.25-0.010.01
0.630.690.720.720.570.55-0.250.560.740.380.620.680.40.750.310.840.740.630.480.750.430.640.250.880.01
Click cells to compare fundamentals

Ufp Industries Account Relationship Matchups

Ufp Industries fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.9B2.4B3.2B3.7B4.0B4.2B
Short Long Term Debt Total163.7M311.7M337.3M278.1M384.3M403.5M
Other Current Liab202.1M224.1M363.3M366.2M299.0M314.0M
Total Current Liabilities354.0M463.7M776.0M611.8M568.0M596.4M
Total Stockholder Equity1.3B1.5B2.0B2.6B3.0B3.1B
Property Plant And Equipment Net387.2M417.2M589.0M689.0M880.4M924.4M
Net Debt(4.7M)(124.8M)50.6M(281.3M)(734.0M)(697.3M)
Retained Earnings995.0M1.2B1.7B2.2B2.6B2.7B
Accounts Payable142.5M211.5M319.1M206.9M203.1M213.2M
Cash168.3M436.5M286.7M559.4M1.1B1.2B
Non Current Assets Total796.4M866.5M1.2B1.4B1.5B1.6B
Non Currrent Assets Other105.1M117.5M151.4M141.4M76.9M80.8M
Cash And Short Term Investments186.9M460.8M323.2M595.4M1.2B1.2B
Net Receivables364.0M474.7M743.4M624.4M553.1M580.7M
Common Stock Shares Outstanding60.1M59.9M60.4M60.7M60.6M64.1M
Liabilities And Stockholders Equity1.9B2.4B3.2B3.7B4.0B4.2B
Non Current Liabilities Total277.7M458.0M452.7M456.5M399.6M207.7M
Inventory486.9M567.3M963.3M973.2M727.8M764.2M
Other Current Assets55.0M35.6M43.6M69.1M68.2M71.6M
Other Stockholder Equity206.2M218.2M244.0M294.0M354.7M372.4M
Total Liab631.7M921.7M1.2B1.1B967.6M1.0B
Property Plant And Equipment Gross467.3M974.5M589.0M689.0M1.7B1.7B
Total Current Assets1.1B1.5B2.1B2.3B2.5B2.6B
Accumulated Other Comprehensive Income(4.9M)(1.8M)(5.4M)(9.1M)1.1M1.2M
Short Term Debt2.8M16.6M82.9M28.5M65.9M69.2M
Common Stock Total Equity61.4M61.2M61.9M61.6M70.9M74.4M
Intangible Assets55.7M79.7M116.4M151.2M182.5M147.9M
Common Stock61.4M61.2M61.9M61.6M61.6M32.6M
Other Liab52.0M146.4M175.1M96.0M110.4M115.9M
Other Assets43.9M117.5M151.4M124.9M143.6M150.8M
Long Term Debt160.9M311.6M277.6M275.2M233.5M174.1M
Good Will229.5M252.2M315.0M337.3M336.3M204.1M
Property Plant Equipment387.2M417.2M589.0M689.0M792.3M831.9M
Short Term Investments18.5M24.3M36.5M36.0M34.7M36.5M
Current Deferred Revenue6.6M11.5M10.7M10.2M9.5M7.5M
Net Tangible Assets1.2B1.5B2.0B2.6B3.0B3.1B
Noncontrolling Interest In Consolidated Entity14.0M22.8M38.0M32.8M37.8M39.7M
Retained Earnings Total Equity995.0M1.2B1.7B2.2B2.6B2.7B
Capital Surpluse192.2M218.2M244.0M294.0M338.1M213.4M

Currently Active Assets on Macroaxis

When determining whether Ufp Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ufp Industries' 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 Ufp Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ufp Industries Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Ufp Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For more detail on how to invest in Ufp Stock please use our How to Invest in Ufp Industries guide.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Building Products space 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 Ufp Industries. If investors know Ufp 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 Ufp Industries 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
(0.22)
Dividend Share
1.29
Earnings Share
7.27
Revenue Per Share
113.817
Quarterly Revenue Growth
(0.1)
The market value of Ufp Industries is measured differently than its book value, which is the value of Ufp that is recorded on the company's balance sheet. Investors also form their own opinion of Ufp Industries' value that differs from its market value or its book value, called intrinsic value, which is Ufp Industries' 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 Ufp Industries' market value can be influenced by many factors that don't directly affect Ufp Industries' 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 Ufp Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ufp Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ufp Industries' 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.