First Payout Ratio vs Free Cash Flow Yield Analysis

FCRX Stock  USD 24.37  0.01  0.04%   
First Eagle financial indicator trend analysis is much more than just examining First Eagle Alternative latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Eagle Alternative is a good investment. Please check the relationship between First Eagle Payout Ratio and its Free Cash Flow Yield accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Eagle Alternative. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Payout Ratio vs Free Cash Flow Yield

Payout Ratio vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Eagle Alternative Payout Ratio account and Free Cash Flow Yield. At this time, the significance of the direction appears to have very week relationship.
The correlation between First Eagle's Payout Ratio and Free Cash Flow Yield is 0.28. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of First Eagle Alternative, assuming nothing else is changed. The correlation between historical values of First Eagle's Payout Ratio 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 Payout Ratio of First Eagle Alternative 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 Payout Ratio i.e., First Eagle's Payout Ratio and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

0.28
Relationship DirectionPositive 
Relationship StrengthVery Weak

Payout Ratio

Payout Ratio is the proportion of First Eagle Alternative earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of First Eagle Alternative dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating First Eagle Alternative is paying out more in dividends than it makes in net income.

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 First Eagle's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Eagle Alternative 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 First Eagle Alternative. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At this time, First Eagle's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to rise to 933.72 in 2024, whereas Selling General Administrative is likely to drop slightly above 39.5 M in 2024.
 2021 2022 2023 2024 (projected)
Operating Income8.3M48.4M142.6M135.5M
Other Operating Expenses6.2M73.3M41.5M39.5M

First Eagle fundamental ratios Correlations

1.0-0.590.591.00.591.01.00.08-0.33-0.33-0.34-0.23-0.20.2-0.09-0.340.1-0.26-0.360.370.240.32-0.09-0.240.34
1.0-0.650.651.00.651.01.00.11-0.34-0.34-0.34-0.24-0.20.2-0.09-0.350.1-0.27-0.360.370.240.32-0.09-0.250.34
-0.59-0.65-1.0-0.58-1.0-0.65-0.65-0.310.230.230.230.160.13-0.140.060.24-0.070.180.24-0.25-0.17-0.220.060.17-0.24
0.590.65-1.00.581.00.650.650.31-0.23-0.23-0.23-0.16-0.130.14-0.06-0.240.07-0.18-0.240.250.170.22-0.06-0.170.24
1.01.0-0.580.580.581.01.00.05-0.32-0.32-0.32-0.23-0.180.19-0.07-0.330.1-0.25-0.340.350.230.31-0.08-0.230.33
0.590.65-1.01.00.580.650.650.31-0.23-0.23-0.23-0.16-0.130.14-0.06-0.240.07-0.18-0.240.250.170.22-0.06-0.170.24
1.01.0-0.650.651.00.651.00.1-0.34-0.34-0.34-0.24-0.20.2-0.09-0.350.1-0.27-0.360.370.240.32-0.09-0.250.34
1.01.0-0.650.651.00.651.00.11-0.34-0.34-0.34-0.24-0.20.2-0.09-0.350.1-0.27-0.360.370.240.32-0.09-0.250.34
0.080.11-0.310.310.050.310.10.11-0.4-0.4-0.39-0.32-0.480.3-0.45-0.410.15-0.35-0.410.490.330.47-0.13-0.360.5
-0.33-0.340.23-0.23-0.32-0.23-0.34-0.34-0.41.01.00.90.84-0.840.670.92-0.010.880.92-0.9-0.87-0.950.60.49-0.94
-0.33-0.340.23-0.23-0.32-0.23-0.34-0.34-0.41.01.00.90.85-0.840.670.92-0.010.880.92-0.9-0.87-0.950.60.49-0.94
-0.34-0.340.23-0.23-0.32-0.23-0.34-0.34-0.391.01.00.90.85-0.840.670.92-0.010.890.92-0.91-0.87-0.950.60.49-0.94
-0.23-0.240.16-0.16-0.23-0.16-0.24-0.24-0.320.90.90.90.86-0.790.590.810.390.870.78-0.7-0.75-0.860.650.33-0.77
-0.2-0.20.13-0.13-0.18-0.13-0.2-0.2-0.480.840.850.850.86-0.650.530.910.120.840.88-0.79-0.57-0.910.490.55-0.86
0.20.2-0.140.140.190.140.20.20.3-0.84-0.84-0.84-0.79-0.65-0.76-0.66-0.11-0.65-0.640.610.940.76-0.850.00.67
-0.09-0.090.06-0.06-0.07-0.06-0.09-0.09-0.450.670.670.670.590.53-0.760.53-0.030.640.52-0.55-0.81-0.530.390.02-0.57
-0.34-0.350.24-0.24-0.33-0.24-0.35-0.35-0.410.920.920.920.810.91-0.660.53-0.080.841.0-0.95-0.65-0.960.390.66-0.97
0.10.1-0.070.070.10.070.10.10.15-0.01-0.01-0.010.390.12-0.11-0.03-0.080.08-0.130.270.060.030.25-0.40.22
-0.26-0.270.18-0.18-0.25-0.18-0.27-0.27-0.350.880.880.890.870.84-0.650.640.840.080.82-0.76-0.7-0.810.410.46-0.84
-0.36-0.360.24-0.24-0.34-0.24-0.36-0.36-0.410.920.920.920.780.88-0.640.521.0-0.130.82-0.97-0.65-0.960.350.7-0.97
0.370.37-0.250.250.350.250.370.370.49-0.9-0.9-0.91-0.7-0.790.61-0.55-0.950.27-0.76-0.970.680.93-0.3-0.710.98
0.240.24-0.170.170.230.170.240.240.33-0.87-0.87-0.87-0.75-0.570.94-0.81-0.650.06-0.7-0.650.680.74-0.73-0.130.72
0.320.32-0.220.220.310.220.320.320.47-0.95-0.95-0.95-0.86-0.910.76-0.53-0.960.03-0.81-0.960.930.74-0.57-0.580.96
-0.09-0.090.06-0.06-0.08-0.06-0.09-0.09-0.130.60.60.60.650.49-0.850.390.390.250.410.35-0.3-0.73-0.57-0.17-0.4
-0.24-0.250.17-0.17-0.23-0.17-0.25-0.25-0.360.490.490.490.330.550.00.020.66-0.40.460.7-0.71-0.13-0.58-0.17-0.69
0.340.34-0.240.240.330.240.340.340.5-0.94-0.94-0.94-0.77-0.860.67-0.57-0.970.22-0.84-0.970.980.720.96-0.4-0.69
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First Eagle Account Relationship Matchups

First Eagle fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets747.2M1.1B1.3B1.3B1.6B1.5B
Total Stockholder Equity406.9M560M652.3M612.5M742.6M705.5M
Net Debt317.4M457.1M607.5M637.4M837.0M878.9M
Cash4.6M14.8M23.5M17.1M7.8M7.4M
Other Assets12.3M14.1M13.6M15.4M1.6B1.5B
Cash And Short Term Investments4.6M14.8M23.5M17.1M7.8M7.4M
Common Stock Shares Outstanding17.3M27.7M28.5M30.9M35.9M34.1M
Liabilities And Stockholders Equity747.2M1.1B1.3B1.3B1.6B1.5B
Other Stockholder Equity414.3M594.7M666.2M675.0M965.9M917.6M
Total Current Assets7.6M19.0M47.3M35.2M43.8M41.7M
Short Long Term Debt Total322.0M471.9M631.0M654.5M844.8M887.0M
Non Current Liabilities Total322.0M474.2M632.6M655.5M845.4M887.7M
Total Liab340.3M494.2M665.5M690.3M884.8M929.0M
Other Current Liab(12.1M)20M32.9M34.3M39.3M41.3M
Total Current Liabilities12.1M20M32.9M34.8M39.3M20.8M
Retained Earnings(7.4M)(34.7M)(13.9M)(62.5M)(223.3M)(212.2M)
Accounts Payable12.1M15.5M18.2M514K26.1M27.4M
Non Current Assets Total727.3M1.0B1.3B1.3B1.6B862.1M
Non Currrent Assets Other(420.5B)1.1B1.3B1.3B1.3M1.4M
Net Receivables3.0M3.9M21.6M10.0M14.3M15.0M
Common Stock13.4K20.9K28K31K37K22.0K
Long Term Debt274.3M215.7M175.0M167.3M150.6M179.3M
Capital Surpluse434.2M431.4M415.6M418.4M376.5M341.9M
Other Liab1.9M1.7M1.6M1.1M950.4K1.4M
Net Tangible Assets229.5M185.2M190.7M612.5M704.4M739.6M
Deferred Long Term Liab2.3M1.8M1.9M1.5M1.3M1.7M
Other Current Assets(16.4M)13.2M15.6M18.8M21.8M11.1M

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