Johnson Price To Sales Ratio vs Income Quality Analysis
JCI Stock | USD 80.99 0.72 0.90% |
Johnson Controls financial indicator trend analysis is infinitely more than just investigating Johnson Controls Int recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Johnson Controls Int is a good investment. Please check the relationship between Johnson Controls Price To Sales Ratio and its Income Quality accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Johnson Controls International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Price To Sales Ratio vs Income Quality
Price To Sales Ratio vs Income Quality Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Johnson Controls Int Price To Sales Ratio account and Income Quality. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Johnson Controls' Price To Sales Ratio and Income Quality is 0.11. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Income Quality in the same time period over historical financial statements of Johnson Controls International, assuming nothing else is changed. The correlation between historical values of Johnson Controls' Price To Sales Ratio and Income Quality 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 Johnson Controls International are associated (or correlated) with its Income Quality. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Quality has no effect on the direction of Price To Sales Ratio i.e., Johnson Controls' Price To Sales Ratio and Income Quality go up and down completely randomly.
Correlation Coefficient | 0.11 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Johnson Controls Int stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Johnson Controls sales, a figure that is much harder to manipulate than other Johnson Controls International 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.Income Quality
An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.Most indicators from Johnson Controls' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Johnson Controls Int 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Johnson Controls International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. As of now, Johnson Controls' Enterprise Value Over EBITDA is increasing as compared to previous years. The Johnson Controls' current Enterprise Value Multiple is estimated to increase to 23.97, while Selling General Administrative is projected to decrease to under 5.6 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 8.3B | 9.0B | 8.1B | 4.6B | Total Revenue | 25.3B | 26.8B | 23.0B | 22.9B |
Johnson Controls fundamental ratios Correlations
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Johnson Controls Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Johnson Controls fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 40.8B | 41.9B | 42.2B | 42.2B | 42.7B | 22.6B | |
Short Long Term Debt Total | 7.8B | 7.7B | 9.0B | 8.8B | 9.5B | 10.0B | |
Other Current Liab | 3.4B | 3.0B | 3.6B | 3.2B | 4.9B | 2.5B | |
Total Current Liabilities | 8.2B | 9.1B | 11.2B | 11.1B | 12.0B | 7.2B | |
Total Stockholder Equity | 17.4B | 17.6B | 16.3B | 16.5B | 16.1B | 8.6B | |
Property Plant And Equipment Net | 3.1B | 3.2B | 3.1B | 3.1B | 2.4B | 3.4B | |
Net Debt | 5.9B | 6.4B | 6.9B | 8.0B | 8.9B | 9.3B | |
Retained Earnings | 2.5B | 2.0B | 1.2B | 1.4B | 848M | 805.6M | |
Cash | 2.0B | 1.3B | 2.0B | 835M | 606M | 513.9M | |
Non Current Assets Total | 30.8B | 31.9B | 30.5B | 31.5B | 31.5B | 33.1B | |
Non Currrent Assets Other | 3.5B | 3.7B | 3.9B | 4.5B | 8.3B | 8.7B | |
Cash And Short Term Investments | 2.0B | 1.3B | 2.0B | 835M | 606M | 513.9M | |
Net Receivables | 5.3B | 5.6B | 5.7B | 6.0B | 6.1B | 4.3B | |
Liabilities And Stockholders Equity | 40.8B | 41.9B | 42.2B | 42.2B | 42.7B | 22.6B | |
Non Current Liabilities Total | 14.0B | 14.0B | 13.5B | 13.5B | 13.4B | 14.0B | |
Inventory | 1.8B | 2.1B | 2.7B | 2.8B | 1.8B | 1.4B | |
Other Current Assets | 1.0B | 992M | 1.3B | 1.1B | 2.7B | 2.9B | |
Other Stockholder Equity | 15.7B | 16.0B | 16.0B | 16.1B | 16.2B | 17.0B | |
Total Liab | 22.3B | 23.1B | 24.8B | 24.5B | 25.3B | 13.6B | |
Total Current Assets | 10.1B | 10.0B | 11.7B | 10.7B | 11.2B | 7.7B | |
Short Term Debt | 293M | 553M | 1.5B | 1.3B | 1.5B | 1.6B | |
Intangible Assets | 5.4B | 5.5B | 5.2B | 4.9B | 4.1B | 2.1B | |
Accounts Payable | 3.1B | 3.7B | 4.2B | 4.3B | 3.4B | 3.6B | |
Good Will | 17.9B | 18.3B | 17.4B | 17.9B | 16.7B | 12.1B | |
Property Plant And Equipment Gross | 3.1B | 3.2B | 3.0B | 7.1B | 5.8B | 4.3B | |
Accumulated Other Comprehensive Income | (776M) | (434M) | (911M) | (955M) | (964M) | (915.8M) | |
Other Liab | 5.6B | 6.5B | 6.1B | 4.6B | 5.2B | 3.7B | |
Other Assets | 2.3B | 31.8B | 6.1B | 5.6B | 8.3B | 5.0B | |
Long Term Debt | 7.5B | 7.5B | 7.4B | 7.8B | 8.0B | 5.9B | |
Treasury Stock | (1.1B) | (1.1B) | (1.2B) | (1.2B) | (1.1B) | (1.0B) | |
Property Plant Equipment | 3.1B | 3.2B | 3.0B | 4.5B | 5.2B | 4.1B | |
Current Deferred Revenue | 1.4B | 1.6B | 1.8B | 2.0B | 2.2B | 2.3B | |
Deferred Long Term Liab | 104M | 117M | 174M | 224M | 201.6M | 154.8M |
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When determining whether Johnson Controls Int offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Johnson Controls' 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 Johnson Controls International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Johnson Controls International Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Johnson Controls International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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 Johnson Controls. If investors know Johnson 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 Johnson Controls 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 0.18 | Dividend Share 1.48 | Earnings Share 2.08 | Revenue Per Share 34.064 | Quarterly Revenue Growth (0.1) |
The market value of Johnson Controls Int is measured differently than its book value, which is the value of Johnson that is recorded on the company's balance sheet. Investors also form their own opinion of Johnson Controls' value that differs from its market value or its book value, called intrinsic value, which is Johnson Controls' 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 Johnson Controls' market value can be influenced by many factors that don't directly affect Johnson Controls' 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 Johnson Controls' value and its price as these two are different measures arrived at by different means. Investors typically determine if Johnson Controls is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Johnson Controls' 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.