Quanex Ev To Free Cash Flow vs Free Cash Flow Yield Analysis

NX Stock  USD 25.10  1.97  8.52%   
Quanex Building financial indicator trend analysis is much more than just breaking down Quanex Building Products prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Quanex Building Products is a good investment. Please check the relationship between Quanex Building Ev To Free Cash Flow and its Free Cash Flow Yield accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Quanex Building Products. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

Ev To Free Cash Flow vs Free Cash Flow Yield

Ev To Free Cash Flow vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Quanex Building Products Ev To Free Cash Flow account and Free Cash Flow Yield. At this time, the significance of the direction appears to have no relationship.
The correlation between Quanex Building's Ev To Free Cash Flow and Free Cash Flow Yield is 0.06. Overlapping area represents the amount of variation of Ev To Free Cash Flow that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Quanex Building Products, assuming nothing else is changed. The correlation between historical values of Quanex Building's Ev To Free Cash Flow 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 Ev To Free Cash Flow of Quanex Building Products 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 Ev To Free Cash Flow i.e., Quanex Building's Ev To Free Cash Flow and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

0.06
Relationship DirectionPositive 
Relationship StrengthInsignificant

Ev To Free Cash Flow

A valuation metric comparing the company's enterprise value to its free cash flow, used to evaluate whether a company is undervalued or overvalued.

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 Quanex Building's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Quanex Building Products 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Quanex Building Products. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
At this time, Quanex Building's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to rise to 16.77 in 2024, whereas Selling General Administrative is likely to drop slightly above 103.3 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense2.6M8.1M20.6M15.0M
Depreciation And Amortization40.1M42.9M60.3M56.9M

Quanex Building fundamental ratios Correlations

0.980.960.950.970.960.960.550.470.351.0-0.220.280.960.97-0.160.510.980.980.690.960.990.350.960.91-0.13
0.980.940.90.90.940.990.460.390.230.99-0.170.20.920.98-0.10.421.00.950.560.911.00.370.90.91-0.07
0.960.940.920.930.910.920.540.460.260.96-0.190.20.950.94-0.170.50.940.950.650.920.950.330.910.82-0.14
0.950.90.920.910.970.890.50.660.320.93-0.250.320.990.88-0.030.380.920.960.670.890.940.480.950.920.0
0.970.90.930.910.90.860.660.470.480.95-0.270.340.940.93-0.310.630.90.960.790.970.910.260.950.83-0.27
0.960.940.910.970.90.930.540.570.270.95-0.270.290.960.910.020.280.950.960.540.860.960.590.930.940.05
0.960.990.920.890.860.930.440.370.130.97-0.160.110.90.97-0.090.370.990.930.50.880.990.390.860.91-0.05
0.550.460.540.50.660.540.440.450.350.55-0.540.080.550.6-0.560.240.450.570.350.50.460.460.510.43-0.54
0.470.390.460.660.470.570.370.450.360.44-0.170.380.620.350.08-0.020.420.510.420.430.460.570.550.50.1
0.350.230.260.320.480.270.130.350.360.29-0.190.890.320.23-0.170.560.240.360.670.470.26-0.130.530.22-0.15
1.00.990.960.930.950.950.970.550.440.29-0.20.210.950.99-0.190.490.990.970.640.950.990.350.930.9-0.16
-0.22-0.17-0.19-0.25-0.27-0.27-0.16-0.54-0.17-0.19-0.2-0.13-0.22-0.220.130.11-0.17-0.35-0.07-0.13-0.18-0.33-0.28-0.310.12
0.280.20.20.320.340.290.110.080.380.890.21-0.130.270.110.30.30.220.320.520.350.240.010.510.280.32
0.960.920.950.990.940.960.90.550.620.320.95-0.220.270.91-0.130.440.930.960.680.920.950.450.950.89-0.09
0.970.980.940.880.930.910.970.60.350.230.99-0.220.110.91-0.280.490.970.940.580.920.970.330.870.86-0.25
-0.16-0.1-0.17-0.03-0.310.02-0.09-0.560.08-0.17-0.190.130.3-0.13-0.28-0.54-0.08-0.1-0.31-0.28-0.070.29-0.050.091.0
0.510.420.50.380.630.280.370.24-0.020.560.490.110.30.440.49-0.540.420.450.820.710.42-0.50.540.25-0.52
0.981.00.940.920.90.950.990.450.420.240.99-0.170.220.930.97-0.080.420.960.580.921.00.370.910.92-0.04
0.980.950.950.960.960.960.930.570.510.360.97-0.350.320.960.94-0.10.450.960.680.930.970.40.970.93-0.06
0.690.560.650.670.790.540.50.350.420.670.64-0.070.520.680.58-0.310.820.580.680.840.6-0.230.780.5-0.28
0.960.910.920.890.970.860.880.50.430.470.95-0.130.350.920.92-0.280.710.920.930.840.930.120.940.81-0.25
0.991.00.950.940.910.960.990.460.460.260.99-0.180.240.950.97-0.070.421.00.970.60.930.390.930.93-0.03
0.350.370.330.480.260.590.390.460.57-0.130.35-0.330.010.450.330.29-0.50.370.4-0.230.120.390.320.530.3
0.960.90.910.950.950.930.860.510.550.530.93-0.280.510.950.87-0.050.540.910.970.780.940.930.320.88-0.02
0.910.910.820.920.830.940.910.430.50.220.9-0.310.280.890.860.090.250.920.930.50.810.930.530.880.13
-0.13-0.07-0.140.0-0.270.05-0.05-0.540.1-0.15-0.160.120.32-0.09-0.251.0-0.52-0.04-0.06-0.28-0.25-0.030.3-0.020.13
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Quanex Building Account Relationship Matchups

Quanex Building fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets691.6M717.3M724.6M831.1M2.3B2.4B
Short Long Term Debt Total169.8M106.5M87.7M116.4M893.0M937.6M
Other Current Liab30.1M47.3M43.6M49.3M91.1M95.7M
Total Current Liabilities130.2M158.0M139.8M134.7M272.9M286.5M
Total Stockholder Equity355.8M419.8M464.8M545.6M1.0B1.1B
Property Plant And Equipment Net235.9M231.3M236.4M297.3M529.2M555.6M
Net Debt118.1M66.4M32.6M57.9M795.2M835.0M
Retained Earnings213.5M259.7M337.5M409.3M430.4M278.4M
Accounts Payable77.3M86.8M77.9M74.4M124.4M65.9M
Cash51.6M40.1M55.1M58.5M97.7M63.7M
Non Current Assets Total484.3M468.3M444.0M557.5M1.7B1.8B
Non Currrent Assets Other9.1M5.3M(17.6M)3.2M2.9M2.7M
Cash And Short Term Investments51.6M40.1M55.1M58.5M97.7M67.2M
Net Receivables88.3M108.3M96.0M105.6M197.7M207.6M
Good Will146.2M149.2M137.9M183.0M574.7M603.4M
Common Stock Shares Outstanding32.8M33.5M33.2M33.0M36.6M39.0M
Liabilities And Stockholders Equity691.6M717.3M724.6M831.1M2.3B2.4B
Non Current Liabilities Total205.6M139.5M119.9M150.9M1.0B1.1B
Inventory61.2M92.5M120.9M98.0M275.6M289.3M
Other Current Assets12.4M16.3M17.3M11.6M40.3M42.3M
Other Stockholder Equity174.9M181.5M176.4M174.0M626.3M657.6M
Total Liab335.8M297.5M259.8M285.6M1.3B1.4B
Property Plant And Equipment Gross235.9M231.3M236.4M297.3M267.6M214.6M
Total Current Assets207.3M249.0M280.7M273.6M611.3M641.8M
Accumulated Other Comprehensive Income(33.0M)(21.8M)(49.4M)(38.1M)(46.4M)(44.1M)
Short Term Debt15.6M17.2M16.5M9.6M50.7M53.2M
Current Deferred Revenue763K627K792K1.0M(111.6M)(106.0M)
Intangible Assets93.1M82.4M65.0M74.1M597.9M627.8M
Other Liab44.0M42.1M41.0M44.1M50.7M41.0M
Other Assets9.1M5.3M4.7M3.2M2.9M2.7M
Long Term Debt116.7M52.1M29.6M66.4M76.4M75.5M
Treasury Stock(76.7M)(78.6M)(72.7M)(75.5M)(68.0M)(64.6M)
Property Plant Equipment184.1M178.6M180.4M297.3M341.9M193.4M
Net Tangible Assets116.5M188.2M261.9M288.5M259.6M139.8M
Retained Earnings Total Equity185.7M213.5M259.7M337.5M388.1M246.3M
Long Term Debt Total156.4M116.7M52.1M29.6M34.1M32.4M
Capital Surpluse254.7M253.5M254.2M251.9M289.7M276.3M
Deferred Long Term Liab19.4M19.1M22.0M22.3M25.6M13.3M

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