BTB Price To Sales Ratio vs Free Cash Flow Yield Analysis

BTB-UN Stock  CAD 3.59  0.02  0.55%   
BTB Real financial indicator trend analysis is way more than just evaluating BTB Real Estate prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BTB Real Estate is a good investment. Please check the relationship between BTB Real 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 BTB Real Estate. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

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 BTB Real Estate Price To Sales Ratio account and Free Cash Flow Yield. At this time, the significance of the direction appears to have pay attention.
The correlation between BTB Real's Price To Sales Ratio and Free Cash Flow Yield is -0.74. 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 BTB Real Estate, assuming nothing else is changed. The correlation between historical values of BTB Real'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 BTB Real Estate 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., BTB Real's Price To Sales Ratio and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

-0.74
Relationship DirectionNegative 
Relationship StrengthWeak

Price To Sales Ratio

Price to Sales Ratio is figured by comparing BTB Real Estate stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on BTB Real sales, a figure that is much harder to manipulate than other BTB Real Estate 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 BTB Real's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BTB Real Estate 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 BTB Real Estate. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
At present, BTB Real's Enterprise Value Over EBITDA is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 18.52, whereas Selling General Administrative is forecasted to decline to about 4.9 M.
 2021 2022 2023 2024 (projected)
Total Revenue100.3M119.5M127.8M71.2M
Depreciation And Amortization54.3M42.1M99K94.1K

BTB Real fundamental ratios Correlations

0.660.860.990.930.21.00.440.20.520.860.570.990.630.99-0.11-0.760.940.070.720.330.030.95-0.760.50.89
0.660.890.610.61-0.170.660.42-0.170.880.890.870.620.450.630.09-0.470.470.120.290.250.170.79-0.920.520.83
0.860.890.840.79-0.030.860.61-0.030.81.00.750.840.520.85-0.07-0.680.780.020.470.330.060.93-0.930.480.9
0.990.610.840.930.220.990.440.220.50.830.511.00.661.0-0.09-0.810.970.110.780.310.030.91-0.710.470.84
0.930.610.790.930.240.930.30.240.460.760.450.930.680.93-0.16-0.80.890.210.70.110.240.84-0.640.530.79
0.2-0.17-0.030.220.240.19-0.421.0-0.31-0.02-0.240.240.50.22-0.54-0.340.3-0.170.260.27-0.230.060.010.42-0.06
1.00.660.860.990.930.190.440.190.520.860.570.990.620.99-0.1-0.760.940.070.710.330.030.95-0.760.50.89
0.440.420.610.440.3-0.420.44-0.420.580.610.310.420.090.45-0.04-0.440.46-0.050.360.22-0.050.5-0.48-0.350.48
0.2-0.17-0.030.220.241.00.19-0.42-0.31-0.02-0.240.240.50.22-0.54-0.340.3-0.170.260.27-0.230.060.010.42-0.06
0.520.880.80.50.46-0.310.520.58-0.310.810.680.50.460.520.08-0.460.420.160.350.230.120.62-0.770.280.67
0.860.891.00.830.76-0.020.860.61-0.020.810.760.830.520.84-0.06-0.660.77-0.010.450.340.050.93-0.930.480.89
0.570.870.750.510.45-0.240.570.31-0.240.680.760.510.280.530.31-0.320.360.140.170.36-0.040.69-0.850.490.75
0.990.620.841.00.930.240.990.420.240.50.830.510.671.0-0.1-0.820.970.110.770.310.030.91-0.710.490.83
0.630.450.520.660.680.50.620.090.50.460.520.280.670.67-0.28-0.740.660.490.750.220.060.5-0.460.450.44
0.990.630.851.00.930.220.990.450.220.520.840.531.00.67-0.1-0.820.970.110.770.320.030.92-0.730.480.84
-0.110.09-0.07-0.09-0.16-0.54-0.1-0.04-0.540.08-0.060.31-0.1-0.28-0.10.15-0.150.19-0.03-0.03-0.09-0.10.130.01-0.08
-0.76-0.47-0.68-0.81-0.8-0.34-0.76-0.44-0.34-0.46-0.66-0.32-0.82-0.74-0.820.15-0.86-0.27-0.86-0.24-0.01-0.60.5-0.29-0.5
0.940.470.780.970.890.30.940.460.30.420.770.360.970.660.97-0.15-0.860.080.790.3-0.020.82-0.60.410.71
0.070.120.020.110.21-0.170.07-0.05-0.170.16-0.010.140.110.490.110.19-0.270.080.37-0.260.3-0.060.05-0.04-0.04
0.720.290.470.780.70.260.710.360.260.350.450.170.770.750.77-0.03-0.860.790.370.24-0.030.5-0.310.110.44
0.330.250.330.310.110.270.330.220.270.230.340.360.310.220.32-0.03-0.240.3-0.260.24-0.890.37-0.370.170.32
0.030.170.060.030.24-0.230.03-0.05-0.230.120.05-0.040.030.060.03-0.09-0.01-0.020.3-0.03-0.890.02-0.040.070.09
0.950.790.930.910.840.060.950.50.060.620.930.690.910.50.92-0.1-0.60.82-0.060.50.370.02-0.880.520.97
-0.76-0.92-0.93-0.71-0.640.01-0.76-0.480.01-0.77-0.93-0.85-0.71-0.46-0.730.130.5-0.60.05-0.31-0.37-0.04-0.88-0.53-0.9
0.50.520.480.470.530.420.5-0.350.420.280.480.490.490.450.480.01-0.290.41-0.040.110.170.070.52-0.530.48
0.890.830.90.840.79-0.060.890.48-0.060.670.890.750.830.440.84-0.08-0.50.71-0.040.440.320.090.97-0.90.48
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BTB Real Account Relationship Matchups

BTB Real fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets939.1M926.7M1.1B1.2B1.2B652.8M
Total Current Liabilities107.8M139.1M114.8M108.3M182.0M191.1M
Total Stockholder Equity356.1M342.1M404.4M462.1M477.7M501.5M
Net Debt557.4M543.4M680.5M689.7M723.3M413.3M
Accounts Payable18.0M18.3M21.7M20.1M19.5M12.7M
Cash1.8M9.1M7.2M2.4M912K866.4K
Non Current Assets Total931.6M910.2M1.1B1.2B1.2B640.8M
Non Currrent Assets Other931.0M(16.8M)(15.9M)1.2B1.2B1.3B
Cash And Short Term Investments1.8M9.1M7.2M2.4M912K866.4K
Net Receivables3.8M5.2M5.5M4.8M13.7M14.4M
Common Stock Shares Outstanding59.1M62.8M71.5M83.4M86.3M90.6M
Liabilities And Stockholders Equity939.1M926.7M1.1B1.2B1.2B652.8M
Other Stockholder Equity134.6M156.0M177.3M268.3M228.1M239.5M
Total Liab583.0M584.6M725.5M717.3M750.0M436.1M
Total Current Assets7.5M16.4M15.5M10.4M17.2M11.8M
Short Long Term Debt Total559.2M552.5M687.7M692.2M724.2M441.8M
Other Current Liab2.1M(13.7M)1.8M2.1M2.2M2.3M
Property Plant And Equipment Net263K334K446K322K271K257.5K
Non Current Liabilities Total475.2M445.5M610.7M609.0M568.0M410.5M
Other Current Assets3.8M3.6M3.3M3.2M5.3M3.5M
Accumulated Other Comprehensive Income185.7M188.6M230.2M268.3M304.9M320.2M
Short Term Debt87.7M134.6M91.2M86.1M160.3M95.6M
Common Stock305.0M309.4M351.5M396.0M400.8M275.8M
Retained Earnings(134.6M)(156.0M)(177.3M)(202.2M)(228.1M)(216.7M)
Other Liab1.1M7.3M12.2M1.7M1.9M2.8M
Net Tangible Assets356.1M342.1M404.4M462.1M531.4M311.2M
Long Term Debt471.6M429.0M592.3M601.9M556.6M532.1M
Short Term Investments1.4M1.6M304K3.8M2.7M1.6M
Inventory(304K)(1.4M)1.0(3.8M)(2.8M)(2.6M)
Short Long Term Debt87.6M119.3M91.2M86.1M160.3M135.8M
Property Plant Equipment924.6M904.2M1.1B1.2B1.3B888.4M
Non Current Liabilities Other2.6M1.4M1.4M1.3M2.0M1.5M
Net Invested Capital915.3M890.3M1.1B1.2B1.2B1.1B
Net Working Capital(100.2M)(116.7M)(99.3M)(97.9M)(164.8M)(156.6M)
Capital Stock305.0M309.4M351.5M396.0M400.8M373.4M

Pair Trading with BTB Real

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

Moving against BTB Stock

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

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