Corpay Price To Sales Ratio vs Roic Analysis

CPAY Stock   341.23  0.00  0.00%   
Corpay financial indicator trend analysis is way more than just evaluating Corpay Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Corpay Inc is a good investment. Please check the relationship between Corpay Price To Sales Ratio and its Roic accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Corpay Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Price To Sales Ratio vs Roic

Price To Sales Ratio vs Roic Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Corpay Inc Price To Sales Ratio account and Roic. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Corpay's Price To Sales Ratio and Roic is -0.1. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Roic in the same time period over historical financial statements of Corpay Inc, assuming nothing else is changed. The correlation between historical values of Corpay's Price To Sales Ratio and Roic is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of Corpay Inc are associated (or correlated) with its Roic. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roic has no effect on the direction of Price To Sales Ratio i.e., Corpay's Price To Sales Ratio and Roic go up and down completely randomly.

Correlation Coefficient

-0.1
Relationship DirectionNegative 
Relationship StrengthInsignificant

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Corpay Inc stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Corpay sales, a figure that is much harder to manipulate than other Corpay Inc multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Roic

Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.
Most indicators from Corpay's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Corpay Inc 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Corpay Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
At this time, Corpay's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to rise to 19.54 in 2024, whereas Selling General Administrative is likely to drop slightly above 415.6 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit2.3B2.7B2.9B1.9B
Total Revenue2.8B3.4B3.8B2.5B

Corpay fundamental ratios Correlations

0.990.710.960.850.920.970.910.960.90.960.620.910.920.99-0.250.990.730.36-0.540.990.950.840.80.83-0.34
0.990.660.970.760.910.990.930.960.910.930.690.910.930.95-0.320.980.750.26-0.551.00.960.890.740.82-0.32
0.710.660.710.60.730.640.70.650.640.650.370.640.590.68-0.550.670.840.86-0.830.70.720.510.480.86-0.78
0.960.970.710.680.960.960.960.950.90.860.720.910.950.9-0.430.940.80.33-0.650.980.990.90.620.81-0.38
0.850.760.60.680.680.730.60.790.750.930.210.750.710.910.140.80.410.36-0.250.750.660.60.930.66-0.26
0.920.910.730.960.680.890.950.910.880.80.630.880.950.85-0.420.880.810.37-0.690.930.970.840.540.77-0.4
0.970.990.640.960.730.890.910.940.840.920.690.840.920.95-0.350.980.750.25-0.560.990.940.860.740.81-0.34
0.910.930.70.960.60.950.910.880.860.780.810.860.90.84-0.480.910.840.38-0.670.950.980.790.490.81-0.35
0.960.960.650.950.790.910.940.880.90.920.630.90.920.94-0.250.940.690.27-0.520.960.930.850.760.78-0.33
0.90.910.640.90.750.880.840.860.90.830.631.00.860.86-0.220.870.660.27-0.450.90.910.850.640.73-0.24
0.960.930.650.860.930.80.920.780.920.830.460.830.840.99-0.070.950.590.32-0.390.920.830.760.930.78-0.3
0.620.690.370.720.210.630.690.810.630.630.460.630.640.53-0.560.660.680.09-0.470.70.750.610.180.62-0.15
0.910.910.640.910.750.880.840.860.91.00.830.630.860.87-0.220.870.660.28-0.450.90.910.850.640.73-0.25
0.920.930.590.950.710.950.920.90.920.860.840.640.860.87-0.360.880.730.15-0.610.930.930.920.620.76-0.37
0.990.950.680.90.910.850.950.840.940.860.990.530.870.87-0.150.970.650.35-0.450.950.880.790.880.81-0.32
-0.25-0.32-0.55-0.430.14-0.42-0.35-0.48-0.25-0.22-0.07-0.56-0.22-0.36-0.15-0.27-0.8-0.370.87-0.35-0.45-0.370.19-0.610.74
0.990.980.670.940.80.880.980.910.940.870.950.660.870.880.97-0.270.740.33-0.510.980.930.80.790.82-0.31
0.730.750.840.80.410.810.750.840.690.660.590.680.660.730.65-0.80.740.56-0.920.780.830.630.320.91-0.74
0.360.260.860.330.360.370.250.380.270.270.320.090.280.150.35-0.370.330.56-0.60.330.360.040.230.55-0.61
-0.54-0.55-0.83-0.65-0.25-0.69-0.56-0.67-0.52-0.45-0.39-0.47-0.45-0.61-0.450.87-0.51-0.92-0.6-0.59-0.66-0.53-0.14-0.80.88
0.991.00.70.980.750.930.990.950.960.90.920.70.90.930.95-0.350.980.780.33-0.590.980.860.720.83-0.35
0.950.960.720.990.660.970.940.980.930.910.830.750.910.930.88-0.450.930.830.36-0.660.980.860.570.81-0.37
0.840.890.510.90.60.840.860.790.850.850.760.610.850.920.79-0.370.80.630.04-0.530.860.860.570.68-0.33
0.80.740.480.620.930.540.740.490.760.640.930.180.640.620.880.190.790.320.23-0.140.720.570.570.61-0.2
0.830.820.860.810.660.770.810.810.780.730.780.620.730.760.81-0.610.820.910.55-0.80.830.810.680.61-0.74
-0.34-0.32-0.78-0.38-0.26-0.4-0.34-0.35-0.33-0.24-0.3-0.15-0.25-0.37-0.320.74-0.31-0.74-0.610.88-0.35-0.37-0.33-0.2-0.74
Click cells to compare fundamentals

Corpay Account Relationship Matchups

Corpay fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets12.2B11.2B13.4B14.1B15.5B11.9B
Short Long Term Debt Total5.1B4.3B6.0B7.0B6.7B5.0B
Other Current Liab1.4B1.6B2.3B560.9M3.0B3.1B
Total Current Liabilities4.5B4.0B5.3B6.0B6.8B4.6B
Total Stockholder Equity3.7B3.4B2.9B2.5B3.3B3.3B
Property Plant And Equipment Net284.1M202.5M236.3M294.7M429.7M216.4M
Net Debt3.5B3.4B4.5B5.6B5.3B3.9B
Retained Earnings4.7B5.4B6.3B7.2B8.2B4.5B
Accounts Payable1.2B1.1B1.4B1.6B1.6B1.2B
Cash1.7B934.9M1.5B1.4B1.4B1.1B
Non Current Assets Total7.6B7.2B7.9B8.0B8.4B7.6B
Non Currrent Assets Other108.2M193.2M213.9M281.7M162.1M150.1M
Cash And Short Term Investments1.7B934.9M1.5B1.4B1.4B1.1B
Net Receivables2.6B2.1B1.8B3.4B3.5B2.3B
Good Will4.8B4.7B5.1B5.2B5.6B4.8B
Common Stock Shares Outstanding90.1M86.7M84.1M76.9M74.4M69.7M
Liabilities And Stockholders Equity12.2B11.2B13.4B14.1B15.5B11.9B
Non Current Liabilities Total4.1B3.9B5.2B5.5B5.4B4.1B
Other Current Assets381.2M1.7B2.2B(1.7B)2.2B2.3B
Other Stockholder Equity(28.8M)(698.5M)(1.9B)(3.2B)(10.9B)(10.3B)
Total Liab8.5B7.8B10.5B11.5B12.2B8.6B
Total Current Assets4.6B4.0B5.5B6.1B7.1B4.3B
Accumulated Other Comprehensive Income(972.5M)(1.4B)(1.5B)(1.5B)(1.3B)(1.4B)
Short Term Debt1.8B1.2B1.5B2.3B2.1B1.7B
Intangible Assets2.3B2.1B2.3B2.1B2.1B2.4B
Common Stock124K126K127K128K129K135.8K

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Additional Tools for Corpay Stock Analysis

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