Evogene Free Cash Flow Per Share vs Free Cash Flow Yield Analysis

EVGN Stock

USD 1.69 0.07 4.32%

Evogene financial indicator trend analysis is much more than just examining Evogene latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Evogene is a good investment. Please check the relationship between Evogene Free Cash Flow Per Share and its Free Cash Flow Yield accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Evogene. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

To learn how to invest in Evogene Stock, please use our How to Invest in Evogene guide.

Free Cash Flow Per Share vs Free Cash Flow Yield

Free Cash Flow Per Share vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Evogene Free Cash Flow Per Share account and Free Cash Flow Yield. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Evogene's Free Cash Flow Per Share and Free Cash Flow Yield is 0.43. Overlapping area represents the amount of variation of Free Cash Flow Per Share that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Evogene, assuming nothing else is changed. The correlation between historical values of Evogene's Free Cash Flow Per Share and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Per Share of Evogene are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Free Cash Flow Per Share i.e., Evogene's Free Cash Flow Per Share and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

0.43

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Most indicators from Evogene's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Evogene 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Evogene. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

To learn how to invest in Evogene Stock, please use our How to Invest in Evogene guide.At this time, Evogene's Issuance Of Capital Stock is very stable compared to the past year. As of the 29th of November 2024, Sales General And Administrative To Revenue is likely to grow to 1.53, while Selling General Administrative is likely to drop about 5.2 M.

	2021	2022	2023	2024 (projected)
Interest Expense	1.4M	3.3M	171K	162.5K
Depreciation And Amortization	2.2M	2.6M	2.6M	2.8M

Interest Expense Depreciation And Amortization

Evogene fundamental ratios Correlations

	Total Assets	Common Stock Shares Outstanding	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Accounts Payable	Cash	Other Assets	Short Term Investments	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Other Stockholder Equity
Total Assets		0.35	-0.49	0.09	0.95	-0.54	0.47	0.33	-0.2	0.6	0.64	-0.51	0.0	-0.33	0.69	0.67	0.02	-0.39	0.53	-0.3	-0.31	0.97	0.7	-0.26	-0.57	-0.15
Common Stock Shares Outstanding	0.35		-0.31	-0.04	0.52	-0.48	0.34	-0.36	-0.15	0.69	0.3	-0.42	-0.15	-0.8	0.57	0.59	0.5	0.11	0.77	-0.65	-0.19	0.44	0.36	-0.78	-0.65	-0.63
Other Current Liab	-0.49	-0.31		0.53	-0.53	0.36	0.04	0.06	0.13	-0.51	-0.49	0.65	-0.27	0.19	-0.26	-0.23	0.17	-0.18	-0.2	0.49	0.2	-0.58	-0.15	0.19	0.31	-0.09
Total Current Liabilities	0.09	-0.04	0.53		0.06	0.02	0.46	0.32	0.0	-0.15	-0.21	0.49	-0.69	-0.25	0.37	0.39	0.66	-0.52	0.45	0.02	0.17	0.03	0.24	-0.24	-0.08	-0.59
Total Stockholder Equity	0.95	0.52	-0.53	0.06		-0.72	0.42	0.19	-0.15	0.71	0.61	-0.61	0.03	-0.46	0.69	0.68	0.11	-0.32	0.66	-0.44	-0.32	0.95	0.71	-0.37	-0.76	-0.25
Other Liab	-0.54	-0.48	0.36	0.02	-0.72		0.11	-0.06	0.31	-0.47	-0.31	0.8	-0.31	0.42	-0.26	-0.27	0.04	0.19	-0.49	0.23	0.61	-0.53	-0.58	0.28	0.95	0.13
Accounts Payable	0.47	0.34	0.04	0.46	0.42	0.11		0.0	-0.05	0.44	0.29	0.28	-0.57	-0.28	0.7	0.7	0.6	-0.22	0.57	-0.37	0.21	0.47	0.32	-0.36	-0.11	-0.52
Cash	0.33	-0.36	0.06	0.32	0.19	-0.06	0.0		0.02	-0.54	-0.39	0.08	-0.3	0.19	-0.08	-0.09	-0.16	-0.92	-0.09	0.35	-0.01	0.23	0.28	0.23	0.06	0.16
Other Assets	-0.2	-0.15	0.13	0.0	-0.15	0.31	-0.05	0.02		-0.17	-0.2	0.46	-0.18	0.1	-0.03	-0.01	0.11	-0.02	-0.05	0.11	0.88	-0.23	-0.17	0.06	0.35	-0.01
Short Term Investments	0.6	0.69	-0.51	-0.15	0.71	-0.47	0.44	-0.54	-0.17		0.81	-0.52	0.16	-0.54	0.68	0.68	0.26	0.38	0.64	-0.69	-0.23	0.69	0.38	-0.51	-0.62	-0.36
Other Current Assets	0.64	0.3	-0.49	-0.21	0.61	-0.31	0.29	-0.39	-0.2	0.81		-0.44	0.43	-0.15	0.57	0.55	-0.12	0.41	0.26	-0.27	-0.29	0.64	0.37	-0.11	-0.33	0.02
Total Liab	-0.51	-0.42	0.65	0.49	-0.61	0.8	0.28	0.08	0.46	-0.52	-0.44		-0.52	0.34	-0.12	-0.11	0.31	-0.1	-0.23	0.34	0.7	-0.56	-0.37	0.23	0.75	-0.11
Intangible Assets	0.0	-0.15	-0.27	-0.69	0.03	-0.31	-0.57	-0.3	-0.18	0.16	0.43	-0.52		0.44	-0.41	-0.42	-0.83	0.5	-0.52	0.3	-0.49	-0.04	-0.03	0.54	-0.13	0.75
Common Stock	-0.33	-0.8	0.19	-0.25	-0.46	0.42	-0.28	0.19	0.1	-0.54	-0.15	0.34	0.44		-0.68	-0.7	-0.72	0.08	-0.89	0.67	0.08	-0.44	-0.4	0.98	0.6	0.87
Property Plant Equipment	0.69	0.57	-0.26	0.37	0.69	-0.26	0.7	-0.08	-0.03	0.68	0.57	-0.12	-0.41	-0.68		1.0	0.6	-0.12	0.82	-0.45	0.05	0.7	0.63	-0.69	-0.41	-0.7
Property Plant And Equipment Net	0.67	0.59	-0.23	0.39	0.68	-0.27	0.7	-0.09	-0.01	0.68	0.55	-0.11	-0.42	-0.7	1.0		0.63	-0.13	0.85	-0.46	0.07	0.69	0.63	-0.71	-0.43	-0.73
Current Deferred Revenue	0.02	0.5	0.17	0.66	0.11	0.04	0.6	-0.16	0.11	0.26	-0.12	0.31	-0.83	-0.72	0.6	0.63		-0.14	0.78	-0.53	0.36	0.11	0.1	-0.79	-0.19	-0.95
Net Debt	-0.39	0.11	-0.18	-0.52	-0.32	0.19	-0.22	-0.92	-0.02	0.38	0.41	-0.1	0.5	0.08	-0.12	-0.13	-0.14		-0.22	-0.18	0.0	-0.31	-0.41	0.04	0.16	0.15
Retained Earnings	0.53	0.77	-0.2	0.45	0.66	-0.49	0.57	-0.09	-0.05	0.64	0.26	-0.23	-0.52	-0.89	0.82	0.85	0.78	-0.22		-0.68	-0.02	0.6	0.54	-0.87	-0.68	-0.88
Non Current Assets Total	-0.3	-0.65	0.49	0.02	-0.44	0.23	-0.37	0.35	0.11	-0.69	-0.27	0.34	0.3	0.67	-0.45	-0.46	-0.53	-0.18	-0.68		-0.01	-0.5	-0.07	0.69	0.44	0.58
Non Currrent Assets Other	-0.31	-0.19	0.2	0.17	-0.32	0.61	0.21	-0.01	0.88	-0.23	-0.29	0.7	-0.49	0.08	0.05	0.07	0.36	0.0	-0.02	-0.01		-0.3	-0.31	-0.04	0.57	-0.19
Cash And Short Term Investments	0.97	0.44	-0.58	0.03	0.95	-0.53	0.47	0.23	-0.23	0.69	0.64	-0.56	-0.04	-0.44	0.7	0.69	0.11	-0.31	0.6	-0.5	-0.3		0.63	-0.38	-0.59	-0.24
Net Receivables	0.7	0.36	-0.15	0.24	0.71	-0.58	0.32	0.28	-0.17	0.38	0.37	-0.37	-0.03	-0.4	0.63	0.63	0.1	-0.41	0.54	-0.07	-0.31	0.63		-0.3	-0.59	-0.27
Common Stock Total Equity	-0.26	-0.78	0.19	-0.24	-0.37	0.28	-0.36	0.23	0.06	-0.51	-0.11	0.23	0.54	0.98	-0.69	-0.71	-0.79	0.04	-0.87	0.69	-0.04	-0.38	-0.3		0.48	0.91
Non Current Liabilities Total	-0.57	-0.65	0.31	-0.08	-0.76	0.95	-0.11	0.06	0.35	-0.62	-0.33	0.75	-0.13	0.6	-0.41	-0.43	-0.19	0.16	-0.68	0.44	0.57	-0.59	-0.59	0.48		0.35
Other Stockholder Equity	-0.15	-0.63	-0.09	-0.59	-0.25	0.13	-0.52	0.16	-0.01	-0.36	0.02	-0.11	0.75	0.87	-0.7	-0.73	-0.95	0.15	-0.88	0.58	-0.19	-0.24	-0.27	0.91	0.35

Click cells to compare fundamentals

Evogene Account Relationship Matchups

Evogene fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	71.4M	71.9M	76.3M	56.1M	51.1M	65.0M
Common Stock Shares Outstanding	25.8M	2.8M	4.0M	4.1M	4.6M	4.3M
Other Current Liab	3.4M	8.0M	4.3M	3.6M	3.9M	2.8M
Total Current Liabilities	5.7M	9.7M	6.9M	5.6M	6.9M	5.6M
Total Stockholder Equity	50.1M	46.0M	54.0M	27.9M	12.1M	11.5M
Other Liab	3.3M	3.7M	4.3M	14.8M	17.0M	17.8M
Accounts Payable	1.0M	863K	1.5M	1.0M	1.8M	1.2M
Cash	34.7M	46.2M	32.3M	29.0M	20.8M	26.8M
Short Term Investments	12.1M	2M	21.5M	6.4M	10.3M	9.8M
Other Current Assets	894K	1.4M	1.7M	1.0M	2.7M	5.0M
Total Liab	11.1M	15.0M	12.9M	21.3M	22.4M	15.0M
Property Plant Equipment	5.3M	3.9M	4.2M	4.1M	3.7M	4.7M
Property Plant And Equipment Net	5.3M	3.9M	4.2M	4.1M	3.4M	4.5M
Current Deferred Revenue	423K	119K	264K	101K	362K	343.9K
Net Debt	(31.8M)	(43.8M)	(29.7M)	(17.1M)	(9.3M)	(9.7M)
Retained Earnings	(155.9M)	(179.3M)	(207.1M)	(233.7M)	(257.6M)	(244.7M)
Non Current Assets Total	22.3M	20.1M	19.4M	18.4M	16.6M	13.2M
Cash And Short Term Investments	46.9M	48.2M	53.9M	35.4M	31.1M	55.2M
Net Receivables	2.2M	2.2M	1.2M	803K	671K	637.5K
Liabilities And Stockholders Equity	71.4M	71.9M	76.3M	56.1M	51.1M	66.8M
Non Current Liabilities Total	5.4M	5.4M	6.0M	15.7M	15.5M	16.2M
Other Stockholder Equity	205.9M	225.1M	260.5M	261.4M	269.4M	225.1M
Property Plant And Equipment Gross	5.3M	3.9M	4.2M	4.1M	26.0M	27.3M
Total Current Assets	49.0M	51.8M	56.9M	37.8M	34.5M	57.2M
Accumulated Other Comprehensive Income	205.9M	225.1M	260.5M	261.4M	269.4M	282.8M
Short Term Debt	895K	777K	974K	1.8M	853K	1.7M
Net Tangible Assets	33.1M	29.9M	38.8M	13.8M	12.4M	11.8M
Inventory	(894K)	(1.4M)	92K	566K	76K	79.8K
Non Current Liabilities Other	3.4M	2.9M	3.3M	3.7M	4.2M	3.7M
Net Invested Capital	50.1M	46.0M	54.0M	38.0M	22.4M	37.7M
Net Working Capital	43.3M	42.1M	50.0M	32.1M	27.5M	35.8M

Pair Trading with Evogene

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

Moving against Evogene Stock

0.86	GILD	Gilead Sciences	Pair Corr
0.85	BMY	Bristol Myers Squibb Aggressive Push	Pair Corr
0.8	ESPR	Esperion Therapeutics	Pair Corr
0.73	EWTX	Edgewise Therapeutics	Pair Corr
0.71	VTRS	Viatris	Pair Corr

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

The correlation of Evogene 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 Evogene moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Evogene 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 Evogene 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 Evogene offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Evogene'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 Evogene Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Evogene Stock:

How To Invest In Evogene

Details

Is Evogene Stock a good investment?

Details

What is Evogene's Net Worth?

Details

Largest Biotechnology Companies

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Largest Pharmaceuticals, Biotechnology & Life Sciences Companies

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Evogene. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

To learn how to invest in Evogene Stock, please use our How to Invest in Evogene guide.

You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

Is Biotechnology 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 Evogene. If investors know Evogene 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 Evogene listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(4.46)

Revenue Per Share

1.881

Quarterly Revenue Growth

0.398

Return On Assets

(0.28)

Return On Equity

(0.82)

The market value of Evogene is measured differently than its book value, which is the value of Evogene that is recorded on the company's balance sheet. Investors also form their own opinion of Evogene's value that differs from its market value or its book value, called intrinsic value, which is Evogene'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 Evogene's market value can be influenced by many factors that don't directly affect Evogene'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 Evogene's value and its price as these two are different measures arrived at by different means. Investors typically determine if Evogene is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Evogene'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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Evogene Free Cash Flow Per Share vs Free Cash Flow Yield Analysis

Free Cash Flow Per Share vs Free Cash Flow Yield

Free Cash Flow Per Share vs Free Cash Flow Yield Correlation Analysis

Correlation Coefficient

Free Cash Flow Per Share

Free Cash Flow Yield

Evogene fundamental ratios Correlations

Evogene Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Evogene fundamental ratios Accounts

Pair Trading with Evogene

Moving against Evogene Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Net	+ 1.0	Property Plant Equipment
Common Stock Total Equity	+ 0.98	Common Stock
Cash And Short Term Investments	+ 0.97	Total Assets
Total Stockholder Equity	+ 0.95	Total Assets
Cash And Short Term Investments	+ 0.95	Total Stockholder Equity
Non Current Liabilities Total	+ 0.95	Other Liab

Other Stockholder Equity	- 0.95	Current Deferred Revenue
Net Debt	- 0.92	Cash
Retained Earnings	- 0.89	Common Stock
Other Stockholder Equity	- 0.88	Retained Earnings
Common Stock Total Equity	- 0.87	Retained Earnings
Current Deferred Revenue	- 0.83	Intangible Assets