Payfare Price To Sales Ratio vs Free Cash Flow Yield Analysis

PAY Stock  CAD 3.90  0.01  0.26%   
Payfare financial indicator trend analysis is much more than just breaking down Payfare prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Payfare is a good investment. Please check the relationship between Payfare Price To Sales Ratio and its Free Cash Flow Yield accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Payfare. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Price To Sales Ratio vs Free Cash Flow Yield

Price To Sales 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 Payfare Price To Sales Ratio account and Free Cash Flow Yield. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Payfare's Price To Sales Ratio and Free Cash Flow Yield is -0.21. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Payfare, assuming nothing else is changed. The correlation between historical values of Payfare's Price To Sales 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 Price To Sales Ratio of Payfare 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 Price To Sales Ratio i.e., Payfare's Price To Sales Ratio and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

-0.21
Relationship DirectionNegative 
Relationship StrengthInsignificant

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Payfare stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Payfare sales, a figure that is much harder to manipulate than other Payfare 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.

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 Payfare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Payfare 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Payfare. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Payfare's Discontinued Operations is very stable compared to the past year. As of the 19th of January 2025, Selling General Administrative is likely to grow to about 11.4 M, while Sales General And Administrative To Revenue is likely to drop 0.05.
 2022 2023 2024 2025 (projected)
Total Operating Expenses18.8M14.3M12.9M12.5M
Cost Of Revenue114.8M160.0M184.0M193.2M

Payfare fundamental ratios Correlations

1.01.00.98-0.340.97-0.770.980.990.57-0.50.5-0.490.980.841.00.871.0-0.440.670.96-0.32-0.330.19-0.970.94
1.01.00.96-0.380.97-0.770.970.980.58-0.510.49-0.530.990.851.00.881.0-0.430.620.95-0.34-0.310.18-0.960.93
1.01.00.96-0.380.96-0.780.980.980.59-0.530.48-0.540.980.871.00.91.0-0.390.630.95-0.37-0.270.17-0.960.94
0.980.960.96-0.20.97-0.710.950.980.5-0.380.56-0.340.930.720.960.770.97-0.60.760.95-0.15-0.510.25-0.980.91
-0.34-0.38-0.38-0.2-0.320.16-0.37-0.31-0.080.260.160.84-0.41-0.6-0.38-0.38-0.37-0.120.34-0.180.71-0.320.20.28-0.39
0.970.970.960.97-0.32-0.750.940.940.53-0.440.49-0.460.980.750.960.80.97-0.580.60.94-0.2-0.470.21-0.970.87
-0.77-0.77-0.78-0.710.16-0.75-0.73-0.7-0.770.48-0.420.23-0.82-0.7-0.78-0.88-0.760.19-0.5-0.880.240.13-0.150.71-0.66
0.980.970.980.95-0.370.94-0.730.980.53-0.520.47-0.530.950.870.980.850.98-0.390.680.93-0.4-0.280.17-0.950.98
0.990.980.980.98-0.310.94-0.70.980.51-0.450.51-0.460.940.810.980.830.99-0.460.730.93-0.31-0.350.22-0.970.95
0.570.580.590.5-0.080.53-0.770.530.51-0.540.43-0.30.630.630.590.780.570.020.360.64-0.120.04-0.16-0.520.51
-0.5-0.51-0.53-0.380.26-0.440.48-0.52-0.45-0.54-0.40.65-0.53-0.7-0.53-0.63-0.51-0.35-0.13-0.440.58-0.370.230.38-0.52
0.50.490.480.560.160.49-0.420.470.510.43-0.40.020.430.30.480.30.49-0.30.60.540.06-0.31-0.13-0.530.44
-0.49-0.53-0.54-0.340.84-0.460.23-0.53-0.46-0.30.650.02-0.55-0.77-0.53-0.56-0.52-0.220.2-0.30.75-0.380.230.4-0.55
0.980.990.980.93-0.410.98-0.820.950.940.63-0.530.43-0.550.860.980.910.98-0.410.530.95-0.34-0.290.16-0.940.89
0.840.850.870.72-0.60.75-0.70.870.810.63-0.70.3-0.770.860.870.910.860.040.350.76-0.670.19-0.14-0.730.88
1.01.01.00.96-0.380.96-0.780.980.980.59-0.530.48-0.530.980.870.91.0-0.390.630.95-0.37-0.270.17-0.960.94
0.870.880.90.77-0.380.8-0.880.850.830.78-0.630.3-0.560.910.910.90.88-0.060.460.88-0.460.030.07-0.780.82
1.01.01.00.97-0.370.97-0.760.980.990.57-0.510.49-0.520.980.861.00.88-0.430.640.95-0.34-0.310.18-0.970.94
-0.44-0.43-0.39-0.6-0.12-0.580.19-0.39-0.460.02-0.35-0.3-0.22-0.410.04-0.39-0.06-0.43-0.5-0.47-0.510.97-0.350.58-0.31
0.670.620.630.760.340.6-0.50.680.730.36-0.130.60.20.530.350.630.460.64-0.50.730.14-0.530.3-0.70.68
0.960.950.950.95-0.180.94-0.880.930.930.64-0.440.54-0.30.950.760.950.880.95-0.470.73-0.19-0.390.24-0.930.87
-0.32-0.34-0.37-0.150.71-0.20.24-0.4-0.31-0.120.580.060.75-0.34-0.67-0.37-0.46-0.34-0.510.14-0.19-0.640.00.2-0.44
-0.33-0.31-0.27-0.51-0.32-0.470.13-0.28-0.350.04-0.37-0.31-0.38-0.290.19-0.270.03-0.310.97-0.53-0.39-0.64-0.380.48-0.19
0.190.180.170.250.20.21-0.150.170.22-0.160.23-0.130.230.16-0.140.170.070.18-0.350.30.240.0-0.38-0.260.09
-0.97-0.96-0.96-0.980.28-0.970.71-0.95-0.97-0.520.38-0.530.4-0.94-0.73-0.96-0.78-0.970.58-0.7-0.930.20.48-0.26-0.91
0.940.930.940.91-0.390.87-0.660.980.950.51-0.520.44-0.550.890.880.940.820.94-0.310.680.87-0.44-0.190.09-0.91
Click cells to compare fundamentals

Payfare Account Relationship Matchups

Payfare fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets31.7M224.3M217.1M301.6M346.9M364.2M
Other Current Liab22.5M176.2M148.7M207.6M238.7M250.7M
Total Current Liabilities43.9M176.4M167.4M230.4M265.0M278.2M
Total Stockholder Equity(12.2M)47.9M49.6M71.2M81.9M86.0M
Net Tangible Assets686.4K(13.2M)46.8M46.3M53.2M55.9M
Retained Earnings(80.0M)(101.4M)(104.3M)(92.3M)(83.1M)(87.2M)
Accounts Payable3.3M11.4M20.0M22.8M26.2M27.5M
Cash1.6M40.9M42.6M78.2M89.9M94.4M
Net Receivables1.4M5.1M3.1M6.2M7.1M4.1M
Inventory28.5M27.4M175.1M161.8M186.0M195.3M
Other Stockholder Equity15.3M12.6M17.1M18.5M21.2M22.3M
Total Liab43.9M176.4M167.4M230.4M265.0M278.2M
Total Current Assets30.6M223.0M211.8M295.1M339.4M356.3M
Short Term Debt8.9M17.9M59.2K35.7K41.1K39.1K
Intangible Assets1.1M1.1M3.3M5.6M6.4M6.8M
Common Stock52.6M136.7M136.9M145.1M166.9M175.3M
Property Plant Equipment224.6K49.2K218.0K161.4K145.3K151.0K
Short Long Term Debt Total8.9M17.9M94.0K35.7K32.2K30.6K
Current Deferred Revenue(25.1M)178.3K120.6K9.4K10.8K11.3K
Net Debt16.3M(40.9M)(42.6M)(78.2M)(70.3M)(66.8M)
Non Current Assets Total1.1M1.3M5.3M6.6M7.5M7.9M
Cash And Short Term Investments1.6M40.9M42.6M78.2M89.9M94.4M
Liabilities And Stockholders Equity31.7M224.3M217.1M301.6M346.9M364.2M
Other Current Assets27.6M176.9M152.6M210.8M242.4M254.5M
Accumulated Other Comprehensive Income(37.9K)(30.6K)(79.8K)(66.1K)(59.5K)(56.5K)
Property Plant And Equipment Net49.2K218.0K161.4K111.0K127.7K152.1K
Net Invested Capital5.7M47.9M49.6M71.2M81.9M86.0M
Net Working Capital(13.3M)46.6M44.4M64.7M74.4M78.1M
Non Currrent Assets Other(1.1M)(1.3M)1.8M838.5K964.2K1.0M
Property Plant And Equipment Gross530.9K285.3K371.7K292.1K262.9K318.7K
Capital Stock52.6M136.7M136.9M145.1M166.9M112.9M

Pair Trading with Payfare

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

Moving together with Payfare Stock

  0.72GOOG Alphabet CDRPairCorr

Moving against Payfare Stock

  0.75VZ Verizon Communications Earnings Call This WeekPairCorr
  0.68HIVE HIVE Blockchain TechPairCorr
  0.51BRK Berkshire Hathaway CDRPairCorr
The ability to find closely correlated positions to Payfare could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Payfare 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 Payfare - 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 Payfare to buy it.
The correlation of Payfare 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 Payfare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Payfare 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 Payfare 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 CorrelationCorrelation Matching

Other Information on Investing in Payfare Stock

Balance Sheet is a snapshot of the financial position of Payfare at a specified time, usually calculated after every quarter, six months, or one year. Payfare Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Payfare and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Payfare currently owns. An asset can also be divided into two categories, current and non-current.