Bird Free Cash Flow Yield vs Dividend Yield Analysis

BDT Stock  CAD 27.46  0.33  1.19%   
Bird Construction financial indicator trend analysis is way more than just evaluating Bird Construction prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bird Construction is a good investment. Please check the relationship between Bird Construction Free Cash Flow Yield and its Dividend Yield accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bird Construction. 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.

Free Cash Flow Yield vs Dividend Yield

Free Cash Flow Yield vs Dividend Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bird Construction Free Cash Flow Yield account and Dividend Yield. At this time, the significance of the direction appears to have no relationship.
The correlation between Bird Construction's Free Cash Flow Yield and Dividend Yield is 0.03. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of Bird Construction, assuming nothing else is changed. The correlation between historical values of Bird Construction's Free Cash Flow Yield and Dividend 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 Free Cash Flow Yield of Bird Construction are associated (or correlated) with its Dividend Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividend Yield has no effect on the direction of Free Cash Flow Yield i.e., Bird Construction's Free Cash Flow Yield and Dividend Yield go up and down completely randomly.

Correlation Coefficient

0.03
Relationship DirectionPositive 
Relationship StrengthInsignificant

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.

Dividend Yield

Dividend Yield is Bird Construction dividend as a percentage of Bird Construction stock price. Bird Construction dividend yield is a measure of Bird Construction stock productivity, which can be interpreted as interest rate earned on an Bird Construction investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.
Most indicators from Bird Construction's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bird Construction 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 Bird Construction. 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, Bird Construction's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 11th of December 2024, Enterprise Value Multiple is likely to grow to 5.58, while Selling General Administrative is likely to drop about 81.5 M.
 2021 2022 2023 2024 (projected)
Gross Profit186.7M201.8M240.5M134.0M
Total Revenue2.2B2.4B2.8B1.5B

Bird Construction fundamental ratios Correlations

0.780.980.930.850.760.350.720.980.380.830.220.00.80.86-0.790.49-0.160.990.770.99-0.020.870.80.230.83
0.780.690.740.80.570.610.40.69-0.030.830.2-0.220.590.62-0.550.46-0.130.770.740.7-0.210.780.820.490.86
0.980.690.860.810.750.290.670.990.460.770.280.080.790.86-0.810.47-0.20.990.720.990.130.880.740.130.72
0.930.740.860.780.670.220.90.910.330.780.06-0.030.750.87-0.710.38-0.090.880.740.91-0.320.660.740.220.89
0.850.80.810.780.910.520.510.80.220.990.31-0.240.920.77-0.830.7-0.210.850.930.82-0.070.830.970.460.78
0.760.570.750.670.910.440.490.720.260.90.24-0.310.960.66-0.730.71-0.090.760.920.760.040.720.910.510.63
0.350.610.290.220.520.44-0.080.21-0.650.570.34-0.770.420.09-0.10.34-0.20.370.620.270.20.60.610.730.54
0.720.40.670.90.510.49-0.080.740.410.52-0.190.070.610.78-0.550.130.010.650.530.74-0.380.340.460.00.69
0.980.690.990.910.80.720.210.740.490.770.250.110.780.9-0.840.43-0.210.980.710.990.00.810.730.10.76
0.38-0.030.460.330.220.26-0.650.410.490.14-0.090.80.270.54-0.580.210.050.380.010.450.060.20.1-0.54-0.05
0.830.830.770.780.990.90.570.520.770.140.27-0.320.910.74-0.780.69-0.170.820.950.79-0.140.790.980.540.82
0.220.20.280.060.310.240.34-0.190.25-0.090.27-0.240.250.08-0.230.3-0.660.260.280.210.380.330.20.180.15
0.0-0.220.08-0.03-0.24-0.31-0.770.070.110.8-0.32-0.24-0.30.19-0.17-0.210.160.01-0.480.060.04-0.09-0.35-0.78-0.32
0.80.590.790.750.920.960.420.610.780.270.910.25-0.30.75-0.770.64-0.20.790.940.810.020.710.890.440.68
0.860.620.860.870.770.660.090.780.90.540.740.080.190.75-0.890.26-0.030.840.670.87-0.160.670.66-0.10.71
-0.79-0.55-0.81-0.71-0.83-0.73-0.1-0.55-0.84-0.58-0.78-0.23-0.17-0.77-0.89-0.50.14-0.79-0.67-0.80.08-0.68-0.710.01-0.56
0.490.460.470.380.70.710.340.130.430.210.690.3-0.210.640.26-0.5-0.170.510.580.460.040.560.730.560.34
-0.16-0.13-0.2-0.09-0.21-0.09-0.20.01-0.210.05-0.17-0.660.16-0.2-0.030.14-0.17-0.18-0.19-0.17-0.26-0.19-0.13-0.16-0.09
0.990.770.990.880.850.760.370.650.980.380.820.260.010.790.84-0.790.51-0.180.760.990.070.910.80.230.79
0.770.740.720.740.930.920.620.530.710.010.950.28-0.480.940.67-0.670.58-0.190.760.74-0.110.710.950.640.82
0.990.70.990.910.820.760.270.740.990.450.790.210.060.810.87-0.80.46-0.170.990.740.040.840.760.170.77
-0.02-0.210.13-0.32-0.070.040.2-0.380.00.06-0.140.380.040.02-0.160.080.04-0.260.07-0.110.040.32-0.12-0.16-0.35
0.870.780.880.660.830.720.60.340.810.20.790.33-0.090.710.67-0.680.56-0.190.910.710.840.320.80.30.67
0.80.820.740.740.970.910.610.460.730.10.980.2-0.350.890.66-0.710.73-0.130.80.950.76-0.120.80.630.8
0.230.490.130.220.460.510.730.00.1-0.540.540.18-0.780.44-0.10.010.56-0.160.230.640.17-0.160.30.630.49
0.830.860.720.890.780.630.540.690.76-0.050.820.15-0.320.680.71-0.560.34-0.090.790.820.77-0.350.670.80.49
Click cells to compare fundamentals

Bird Construction Account Relationship Matchups

Bird Construction fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets856.8M1.1B1.1B1.2B1.4B776.3M
Other Current Liab11.4M31.3M41.4M29.7M26.6M17.0M
Total Current Liabilities648.9M684.6M721.3M785.7M914.5M535.2M
Total Stockholder Equity127.7M212.6M243.5M273.0M322.5M176.1M
Property Plant And Equipment Net80.5M120.9M122.5M121.6M130.4M137.0M
Current Deferred Revenue112.1M120.1M130.3M147.0M206.3M216.7M
Net Debt(23.2M)(61.1M)32.4M36.7M(26.2M)(27.5M)
Retained Earnings83.2M102.5M126.9M156.5M205.3M117.0M
Accounts Payable419.9M490.5M514.3M570.7M640.0M391.2M
Cash180.3M212.1M125.7M111.6M177.5M167.9M
Non Current Assets Total127.4M241.7M264.1M259.0M275.9M289.7M
Non Currrent Assets Other6.6M13.2M9.1M5.5M3.6M3.8M
Cash And Short Term Investments180.3M212.1M125.7M111.6M79.9M75.9M
Net Receivables512.9M558.4M648.7M757.5M946.0M993.3M
Short Term Investments7.1M1.3M4.9M3.0M48K45.6K
Liabilities And Stockholders Equity856.8M1.1B1.1B1.2B1.4B776.3M
Other Current Assets35.6M157.4M19.9M22.3M110.5M116.0M
Total Liab729.1M849.2M893.7M956.3M1.1B600.2M
Property Plant And Equipment Gross80.5M120.9M230.9M249.9M271.1M284.7M
Total Current Assets729.4M820.1M873.1M970.3M1.1B660.1M
Accumulated Other Comprehensive Income40K70K13K(89K)(41K)(43.1K)
Short Term Debt99.3M26.8M27.3M24.9M29.1M35.1M
Short Long Term Debt Total157.1M151.0M158.0M148.4M151.4M87.2M
Non Current Liabilities Total80.2M164.6M172.4M170.6M187.4M196.8M
Inventory549K8.0M9.4M10.4M12.1M12.7M
Intangible Assets2.5M27.5M30.5M34.7M46.4M48.7M
Other Liab22.3M40.3M41.6M47.1M54.2M29.2M
Net Tangible Assets108.8M152.0M157.3M182.5M209.9M156.8M
Other Assets17.9M45.2M41.9M37.1M1.00.95
Long Term Debt34.7M64.9M71.2M68.0M64.6M37.8M
Short Long Term Debt91.3M8.0M7.5M7.1M8.3M7.9M
Property Plant Equipment80.5M120.9M122.5M121.6M139.8M84.6M
Long Term Debt Total57.8M124.2M130.8M123.5M142.0M149.1M
Capital Lease Obligations31.1M78.1M79.4M73.3M78.4M49.2M

Pair Trading with Bird Construction

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

Moving against Bird Stock

  0.5PFE Pfizer Inc CDRPairCorr
The ability to find closely correlated positions to Bird Construction could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bird Construction 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 Bird Construction - 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 Bird Construction to buy it.
The correlation of Bird Construction 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 Bird Construction moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bird Construction 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 Bird Construction 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 Bird Stock

Balance Sheet is a snapshot of the financial position of Bird Construction at a specified time, usually calculated after every quarter, six months, or one year. Bird Construction Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Bird Construction 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 Bird currently owns. An asset can also be divided into two categories, current and non-current.