Grocery Free Cash Flow from 2010 to 2024
| GO Stock | USD 17.06 0.34 1.95% |
Free Cash Flow | First Reported 2018-03-31 | Previous Quarter -808 K | Current Value -32.6 M | Quarterly Volatility 26.5 M |
Check Grocery Outlet financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Grocery Outlet's main balance sheet or income statement drivers, such as Tax Provision of 24.9 M, Interest Income of 6.8 M or Discontinued Operations of 0.0, as well as many indicators such as Price To Sales Ratio of 1.05, Dividend Yield of 0.0 or PTB Ratio of 4.22. Grocery financial statements analysis is a perfect complement when working with Grocery Outlet Valuation or Volatility modules.
Grocery | Free Cash Flow |
Latest Grocery Outlet's Free Cash Flow Growth Pattern
Below is the plot of the Free Cash Flow of Grocery Outlet Holding over the last few years. It is the amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets. Grocery Outlet's Free Cash Flow historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Grocery Outlet's overall financial position and show how it may be relating to other accounts over time.
| Free Cash Flow | 10 Years Trend |
|
Free Cash Flow |
| Timeline |
Grocery Free Cash Flow Regression Statistics
| Arithmetic Mean | 32,467,323 | |
| Geometric Mean | 19,529,937 | |
| Coefficient Of Variation | 111.78 | |
| Mean Deviation | 25,736,788 | |
| Median | 10,581,000 | |
| Standard Deviation | 36,292,561 | |
| Sample Variance | 1317.1T | |
| Range | 109M | |
| R-Value | 0.81 | |
| Mean Square Error | 488.8T | |
| R-Squared | 0.66 | |
| Significance | 0.0003 | |
| Slope | 6,569,993 | |
| Total Sum of Squares | 18440.1T |
Grocery Free Cash Flow History
Other Fundumenentals of Grocery Outlet Holding
Grocery Outlet Free Cash Flow component correlations
About Grocery Outlet Financial Statements
Grocery Outlet investors utilize fundamental indicators, such as Free Cash Flow, to predict how Grocery Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Free Cash Flow | 111.5 M | 117 M | |
| Free Cash Flow Yield | 0.01 | 0.01 | |
| Free Cash Flow Per Share | 0.40 | 0.36 | |
| EV To Free Cash Flow | 123.79 | 130.01 | |
| Price To Free Cash Flows Ratio | 84.54 | 117.25 | |
| Free Cash Flow Operating Cash Flow Ratio | 0.21 | 0.19 |
Pair Trading with Grocery Outlet
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 Grocery Outlet 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 Grocery Outlet will appreciate offsetting losses from the drop in the long position's value.Moving together with Grocery Stock
Moving against Grocery Stock
| 0.7 | UG | United Guardian | PairCorr |
| 0.65 | TGT | Target | PairCorr |
| 0.57 | DG | Dollar General | PairCorr |
| 0.54 | UL | Unilever PLC ADR Sell-off Trend | PairCorr |
| 0.51 | KO | Coca Cola Fiscal Year End 11th of February 2025 | PairCorr |
The ability to find closely correlated positions to Grocery Outlet could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Grocery Outlet 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 Grocery Outlet - 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 Grocery Outlet Holding to buy it.
The correlation of Grocery Outlet 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 Grocery Outlet moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Grocery Outlet Holding 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 Grocery Outlet 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.Check out the analysis of Grocery Outlet Correlation against competitors. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Consumer Staples Distribution & Retail 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 Grocery Outlet. If investors know Grocery 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 Grocery Outlet 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 (0.11) | Earnings Share 0.51 | Revenue Per Share 42.988 | Quarterly Revenue Growth 0.104 | Return On Assets 0.0194 |
The market value of Grocery Outlet Holding is measured differently than its book value, which is the value of Grocery that is recorded on the company's balance sheet. Investors also form their own opinion of Grocery Outlet's value that differs from its market value or its book value, called intrinsic value, which is Grocery Outlet'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 Grocery Outlet's market value can be influenced by many factors that don't directly affect Grocery Outlet'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 Grocery Outlet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Grocery Outlet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grocery Outlet'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.