Azek Begin Period Cash Flow vs Investments Analysis

AZEK Stock  USD 53.51  0.74  1.36%   
Azek financial indicator trend analysis is way more than just evaluating Azek Company prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Azek Company is a good investment. Please check the relationship between Azek Begin Period Cash Flow and its Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Azek Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Begin Period Cash Flow vs Investments

Begin Period Cash Flow vs Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Azek Company Begin Period Cash Flow account and Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Azek's Begin Period Cash Flow and Investments is 0.5. Overlapping area represents the amount of variation of Begin Period Cash Flow that can explain the historical movement of Investments in the same time period over historical financial statements of Azek Company, assuming nothing else is changed. The correlation between historical values of Azek's Begin Period Cash Flow and Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Begin Period Cash Flow of Azek Company are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Begin Period Cash Flow i.e., Azek's Begin Period Cash Flow and Investments go up and down completely randomly.

Correlation Coefficient

0.5
Relationship DirectionPositive 
Relationship StrengthWeak

Begin Period Cash Flow

The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.
Most indicators from Azek's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Azek Company 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 Azek Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
At this time, Azek's Tax Provision is quite stable compared to the past year. Sales General And Administrative To Revenue is expected to rise to 0.25 this year, although the value of Selling General Administrative will most likely fall to about 270.3 M.
 2021 2022 2023 2024 (projected)
Gross Profit409.3M437.7M541.8M371.1M
Total Revenue1.4B1.4B1.4B1.1B

Azek fundamental ratios Correlations

0.760.280.810.650.540.650.470.660.750.890.6-0.20.730.930.85-0.880.810.85-0.52-0.870.620.830.81-0.810.62
0.760.670.690.430.890.670.680.850.90.670.790.190.910.880.84-0.770.820.9-0.32-0.790.680.760.79-0.790.68
0.280.670.570.270.860.670.490.70.60.220.570.80.670.570.64-0.550.630.650.04-0.580.610.550.68-0.60.61
0.810.690.570.440.70.730.550.760.70.60.650.320.80.820.89-0.890.940.88-0.31-0.910.820.790.79-0.940.82
0.650.430.270.440.240.52-0.170.390.330.76-0.05-0.210.20.70.49-0.560.290.49-0.3-0.510.150.610.77-0.30.15
0.540.890.860.70.240.660.720.890.750.430.790.580.890.760.77-0.740.810.79-0.05-0.780.80.630.76-0.80.8
0.650.670.670.730.520.660.610.740.770.750.540.340.630.770.77-0.780.720.77-0.2-0.740.380.790.7-0.710.38
0.470.680.490.55-0.170.720.610.670.80.370.910.340.830.540.69-0.540.750.68-0.29-0.570.570.580.34-0.710.57
0.660.850.70.760.390.890.740.670.80.590.630.370.830.810.86-0.720.790.87-0.29-0.740.70.780.75-0.750.7
0.750.90.60.70.330.750.770.80.80.660.810.140.90.820.9-0.680.840.93-0.57-0.690.560.870.64-0.760.56
0.890.670.220.60.760.430.750.370.590.660.38-0.290.510.860.68-0.790.580.69-0.37-0.730.280.750.73-0.60.28
0.60.790.570.65-0.050.790.540.910.630.810.380.330.930.660.75-0.690.860.75-0.26-0.730.760.60.52-0.840.76
-0.20.190.80.32-0.210.580.340.340.370.14-0.290.330.330.070.23-0.20.330.20.39-0.250.440.090.23-0.340.44
0.730.910.670.80.20.890.630.830.830.90.510.930.330.820.91-0.770.940.92-0.4-0.810.850.780.71-0.890.85
0.930.880.570.820.70.760.770.540.810.820.860.660.070.820.92-0.910.840.91-0.43-0.910.690.90.94-0.830.69
0.850.840.640.890.490.770.770.690.860.90.680.750.230.910.92-0.820.930.98-0.58-0.840.760.960.82-0.860.76
-0.88-0.77-0.55-0.89-0.56-0.74-0.78-0.54-0.72-0.68-0.79-0.69-0.2-0.77-0.91-0.82-0.89-0.820.140.99-0.74-0.74-0.890.94-0.74
0.810.820.630.940.290.810.720.750.790.840.580.860.330.940.840.93-0.890.93-0.35-0.920.860.80.76-0.980.86
0.850.90.650.880.490.790.770.680.870.930.690.750.20.920.910.98-0.820.93-0.54-0.840.740.930.81-0.870.74
-0.52-0.320.04-0.31-0.3-0.05-0.2-0.29-0.29-0.57-0.37-0.260.39-0.4-0.43-0.580.14-0.35-0.540.15-0.18-0.69-0.230.2-0.18
-0.87-0.79-0.58-0.91-0.51-0.78-0.74-0.57-0.74-0.69-0.73-0.73-0.25-0.81-0.91-0.840.99-0.92-0.840.15-0.81-0.74-0.890.96-0.81
0.620.680.610.820.150.80.380.570.70.560.280.760.440.850.690.76-0.740.860.74-0.18-0.810.570.71-0.861.0
0.830.760.550.790.610.630.790.580.780.870.750.60.090.780.90.96-0.740.80.93-0.69-0.740.570.79-0.720.57
0.810.790.680.790.770.760.70.340.750.640.730.520.230.710.940.82-0.890.760.81-0.23-0.890.710.79-0.770.71
-0.81-0.79-0.6-0.94-0.3-0.8-0.71-0.71-0.75-0.76-0.6-0.84-0.34-0.89-0.83-0.860.94-0.98-0.870.20.96-0.86-0.72-0.77-0.86
0.620.680.610.820.150.80.380.570.70.560.280.760.440.850.690.76-0.740.860.74-0.18-0.811.00.570.71-0.86
Click cells to compare fundamentals

Azek Account Relationship Matchups

Azek fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab81.0M4.5M119.8M129.1M152.1M159.7M
Total Current Liabilities124.0M170.4M182.5M195.2M217.0M153.8M
Other Liab30.0M125.5M65.2M71.0M81.6M64.0M
Net Tangible Assets60.1M233.2M204.6M235.9M271.3M284.8M
Retained Earnings(283.5M)(188.2M)(113.0M)(45.0M)89.0M93.5M
Accounts Payable42.1M69.5M49.0M56.0M57.9M50.3M
Other Assets1.6M70.5M94.8M841K76.1M79.9M
Net Receivables70.9M77.3M90.2M57.7M49.9M57.8M
Common Stock Shares Outstanding120.8M156.7M154.5M150.8M147.5M149.4M
Inventory130.1M188.9M299.9M221.1M223.7M170.5M
Other Current Assets8.7M1.4M26.4M12.3M33.7M35.4M
Other Stockholder Equity1.6B1.6B1.6B1.5B1.3B1.1B
Deferred Long Term Liab900K800K46.4M780K897K852.2K
Total Current Assets424.7M532.4M530.6M583.0M471.4M406.2M
Property Plant Equipment261.8M391.0M517.9M588.0M676.2M710.0M
Total Assets1.9B2.2B2.4B2.4B2.2B2.3B
Short Long Term Debt Total473.9M468.7M590.9M586.3M3.3M3.1M
Total Stockholder Equity1.3B1.4B1.4B1.4B1.4B1.3B
Property Plant And Equipment Net261.8M391.0M517.9M501.0M462.2M396.5M
Current Deferred Revenue75.4M92.5M2.5M4.2M75.9M44.8M
Net Debt258.9M214.2M470.1M308.0M(160.7M)(152.7M)
Cash215.0M250.5M120.8M278.3M164.0M191.2M
Non Current Assets Total1.5B1.7B1.9B1.8B1.7B1.8B
Non Currrent Assets Other1.6M70.5M29.6M87.8M111.8M117.4M
Long Term Debt463.0M464.7M584.9M580.3M429.7M541.0M
Cash And Short Term Investments215.0M250.5M120.8M278.3M164.0M191.2M
Liabilities And Stockholders Equity1.9B2.2B2.4B2.4B2.2B2.3B
Non Current Liabilities Total503.9M590.3M756.2M740.7M593.8M629.4M
Capital Lease Obligations11.9M4.0M7.6M7.0M8.2M6.8M
Total Liab628.0M760.7M938.6M935.9M810.8M759.5M
Net Invested Capital1.8B1.9B2.0B2.0B1.8B2.0B
Property Plant And Equipment Gross261.8M642.1M830.8M893.7M891.0M614.2M
Non Current Liabilities Other8.8M79.2M106.1M104.1M121.8M68.8M
Net Working Capital300.7M362.0M348.1M387.7M254.3M305.2M
Short Term Debt969K4.0M13.6M6M3.3M5.2M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Azek Company is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Azek Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Azek Company Stock. Highlighted below are key reports to facilitate an investment decision about Azek Company Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Azek Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
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 Azek. If investors know Azek 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 Azek 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
0.478
Earnings Share
1.04
Revenue Per Share
10.094
Quarterly Revenue Growth
0.121
Return On Assets
0.0603
The market value of Azek Company is measured differently than its book value, which is the value of Azek that is recorded on the company's balance sheet. Investors also form their own opinion of Azek's value that differs from its market value or its book value, called intrinsic value, which is Azek'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 Azek's market value can be influenced by many factors that don't directly affect Azek'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 Azek's value and its price as these two are different measures arrived at by different means. Investors typically determine if Azek is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Azek'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.