Atmus Price To Sales Ratio vs Free Cash Flow Yield Analysis

ATMU Stock   39.94  0.77  1.89%   
Atmus Filtration financial indicator trend analysis is way more than just evaluating Atmus Filtration Tec prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Atmus Filtration Tec is a good investment. Please check the relationship between Atmus Filtration Price To Sales Ratio and its Free Cash Flow Yield accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Atmus Filtration Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

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 Atmus Filtration Tec Price To Sales Ratio account and Free Cash Flow Yield. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Atmus Filtration's Price To Sales Ratio and Free Cash Flow Yield is 0.94. 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 Atmus Filtration Technologies, assuming nothing else is changed. The correlation between historical values of Atmus Filtration'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 Atmus Filtration Technologies 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., Atmus Filtration's Price To Sales Ratio and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Atmus Filtration Tec stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Atmus Filtration sales, a figure that is much harder to manipulate than other Atmus Filtration Technologies 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 Atmus Filtration's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Atmus Filtration Tec 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Atmus Filtration Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
Tax Provision is likely to drop to about 38.5 M in 2024. Selling General Administrative is likely to drop to about 156.1 M in 2024
 2021 2022 2023 2024 (projected)
Total Revenue1.4B1.6B1.6B1.6B
Depreciation And Amortization21M21.6M21.5M23.3M

Atmus Filtration fundamental ratios Correlations

0.920.890.93-0.93-0.90.920.710.91-0.090.940.950.17-0.750.860.93-0.810.5-0.810.930.850.14-0.050.961.00.98
0.920.690.76-1.0-0.920.940.831.00.221.00.93-0.08-0.930.990.81-0.950.71-0.951.00.690.340.270.870.90.92
0.890.690.99-0.71-0.750.650.310.68-0.520.740.890.58-0.40.580.98-0.630.41-0.630.710.98-0.28-0.490.790.880.82
0.930.760.99-0.78-0.820.720.40.75-0.430.80.930.5-0.490.660.99-0.710.48-0.710.780.98-0.19-0.40.820.910.86
-0.93-1.0-0.71-0.780.92-0.95-0.82-1.0-0.19-1.0-0.940.050.92-0.98-0.820.94-0.690.94-1.0-0.71-0.31-0.24-0.89-0.92-0.93
-0.9-0.92-0.75-0.820.92-0.9-0.74-0.92-0.12-0.93-0.910.010.78-0.89-0.870.89-0.690.89-0.92-0.74-0.32-0.12-0.81-0.88-0.92
0.920.940.650.72-0.95-0.90.920.950.290.940.83-0.23-0.90.940.74-0.810.47-0.810.940.590.510.320.950.930.97
0.710.830.310.4-0.82-0.740.920.840.620.80.59-0.57-0.920.890.44-0.680.35-0.680.820.240.780.640.80.730.8
0.911.00.680.75-1.0-0.920.950.840.241.00.92-0.1-0.940.990.8-0.950.71-0.951.00.670.360.290.870.90.91
-0.090.22-0.52-0.43-0.19-0.120.290.620.240.16-0.15-0.97-0.520.36-0.36-0.190.14-0.190.2-0.550.910.990.03-0.070.04
0.941.00.740.8-1.0-0.930.940.81.00.160.95-0.02-0.910.980.84-0.950.71-0.951.00.730.290.210.880.920.93
0.950.930.890.93-0.94-0.910.830.590.92-0.150.950.29-0.740.860.96-0.910.72-0.910.940.91-0.01-0.10.840.920.89
0.17-0.080.580.50.050.01-0.23-0.57-0.1-0.97-0.020.290.39-0.220.460.00.10.0-0.050.64-0.94-0.940.00.130.01
-0.75-0.93-0.4-0.490.920.78-0.9-0.92-0.94-0.52-0.91-0.740.39-0.97-0.550.87-0.640.87-0.93-0.39-0.56-0.58-0.77-0.74-0.78
0.860.990.580.66-0.98-0.890.940.890.990.360.980.86-0.22-0.970.72-0.940.7-0.940.980.570.460.410.840.850.88
0.930.810.980.99-0.82-0.870.740.440.8-0.360.840.960.46-0.550.72-0.780.58-0.780.820.97-0.15-0.340.810.910.87
-0.81-0.95-0.63-0.710.940.89-0.81-0.68-0.95-0.19-0.95-0.910.00.87-0.94-0.78-0.891.0-0.95-0.68-0.21-0.24-0.69-0.77-0.78
0.50.710.410.48-0.69-0.690.470.350.710.140.710.720.1-0.640.70.58-0.89-0.890.710.540.020.180.30.430.43
-0.81-0.95-0.63-0.710.940.89-0.81-0.68-0.95-0.19-0.95-0.910.00.87-0.94-0.781.0-0.89-0.95-0.68-0.21-0.24-0.69-0.77-0.78
0.931.00.710.78-1.0-0.920.940.821.00.21.00.94-0.05-0.930.980.82-0.950.71-0.950.70.310.250.880.910.92
0.850.690.980.98-0.71-0.740.590.240.67-0.550.730.910.64-0.390.570.97-0.680.54-0.680.7-0.37-0.510.70.820.75
0.140.34-0.28-0.19-0.31-0.320.510.780.360.910.29-0.01-0.94-0.560.46-0.15-0.210.02-0.210.31-0.370.870.290.180.31
-0.050.27-0.49-0.4-0.24-0.120.320.640.290.990.21-0.1-0.94-0.580.41-0.34-0.240.18-0.240.25-0.510.870.07-0.040.07
0.960.870.790.82-0.89-0.810.950.80.870.030.880.840.0-0.770.840.81-0.690.3-0.690.880.70.290.070.980.98
1.00.90.880.91-0.92-0.880.930.730.9-0.070.920.920.13-0.740.850.91-0.770.43-0.770.910.820.18-0.040.980.99
0.980.920.820.86-0.93-0.920.970.80.910.040.930.890.01-0.780.880.87-0.780.43-0.780.920.750.310.070.980.99
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Atmus Filtration Account Relationship Matchups

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Additional Tools for Atmus Stock Analysis

When running Atmus Filtration's price analysis, check to measure Atmus Filtration's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Atmus Filtration is operating at the current time. Most of Atmus Filtration's value examination focuses on studying past and present price action to predict the probability of Atmus Filtration's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Atmus Filtration's price. Additionally, you may evaluate how the addition of Atmus Filtration to your portfolios can decrease your overall portfolio volatility.