Rentokil Income Quality from 2010 to 2024
| RTO Stock | USD 25.55 0.49 1.88% |
Income Quality | First Reported 2010-12-31 | Previous Quarter 1.9343832 | Current Value 2.03 | Quarterly Volatility 7.58367716 |
Check Rentokil Initial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Rentokil Initial's main balance sheet or income statement drivers, such as Depreciation And Amortization of 498.8 M, Interest Expense of 198.4 M or Total Revenue of 5.6 B, as well as many indicators such as Price To Sales Ratio of 2.49, Dividend Yield of 0.0332 or PTB Ratio of 2.79. Rentokil financial statements analysis is a perfect complement when working with Rentokil Initial Valuation or Volatility modules.
Rentokil | Income Quality |
Latest Rentokil Initial's Income Quality Growth Pattern
Below is the plot of the Income Quality of Rentokil Initial PLC over the last few years. It is an assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure. Rentokil Initial's Income Quality historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Rentokil Initial's overall financial position and show how it may be relating to other accounts over time.
| Income Quality | 10 Years Trend |
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Income Quality |
| Timeline |
Rentokil Income Quality Regression Statistics
| Arithmetic Mean | (0.12) | |
| Geometric Mean | 2.20 | |
| Coefficient Of Variation | (6,316) | |
| Mean Deviation | 3.99 | |
| Median | 1.63 | |
| Standard Deviation | 7.58 | |
| Sample Variance | 57.51 | |
| Range | 32.7782 | |
| R-Value | 0.29 | |
| Mean Square Error | 56.63 | |
| R-Squared | 0.09 | |
| Significance | 0.29 | |
| Slope | 0.50 | |
| Total Sum of Squares | 805.17 |
Rentokil Income Quality History
About Rentokil Initial Financial Statements
Rentokil Initial investors utilize fundamental indicators, such as Income Quality, to predict how Rentokil Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Income Quality | 1.93 | 2.03 |
Pair Trading with Rentokil Initial
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 Rentokil Initial 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 Rentokil Initial will appreciate offsetting losses from the drop in the long position's value.Moving together with Rentokil Stock
Moving against Rentokil Stock
| 0.78 | MG | Mistras Group | PairCorr |
| 0.72 | VLTO | Veralto | PairCorr |
| 0.71 | EXPO | Exponent | PairCorr |
| 0.71 | BCO | Brinks Company | PairCorr |
| 0.69 | VCIG | VCI Global Limited | PairCorr |
The ability to find closely correlated positions to Rentokil Initial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Rentokil Initial 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 Rentokil Initial - 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 Rentokil Initial PLC to buy it.
The correlation of Rentokil Initial 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 Rentokil Initial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Rentokil Initial PLC 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 Rentokil Initial 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.Check out the analysis of Rentokil Initial Correlation against competitors. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Environmental & Facilities Services 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 Rentokil Initial. If investors know Rentokil 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 Rentokil Initial 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 0.06 | Dividend Share 0.091 | Earnings Share 0.98 | Revenue Per Share 10.735 | Quarterly Revenue Growth 0.013 |
The market value of Rentokil Initial PLC is measured differently than its book value, which is the value of Rentokil that is recorded on the company's balance sheet. Investors also form their own opinion of Rentokil Initial's value that differs from its market value or its book value, called intrinsic value, which is Rentokil Initial'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 Rentokil Initial's market value can be influenced by many factors that don't directly affect Rentokil Initial'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 Rentokil Initial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rentokil Initial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rentokil Initial'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.