Compass Free Cash Flow Yield vs Free Cash Flow Analysis

CODI Stock  USD 23.95  0.29  1.23%   
Compass Diversified financial indicator trend analysis is way more than just evaluating Compass Diversified prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Compass Diversified is a good investment. Please check the relationship between Compass Diversified Free Cash Flow Yield and its Free Cash Flow accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Compass Diversified Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Free Cash Flow Yield vs Free Cash Flow

Free Cash Flow Yield vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Compass Diversified Free Cash Flow Yield account and Free Cash Flow. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Compass Diversified's Free Cash Flow Yield and Free Cash Flow is 0.85. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Compass Diversified Holdings, assuming nothing else is changed. The correlation between historical values of Compass Diversified's Free Cash Flow Yield and Free Cash Flow 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 Compass Diversified Holdings are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Free Cash Flow Yield i.e., Compass Diversified's Free Cash Flow Yield and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

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.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
Most indicators from Compass Diversified's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Compass Diversified 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 Compass Diversified Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
As of now, Compass Diversified's Discontinued Operations is decreasing as compared to previous years. The Compass Diversified's current Tax Provision is estimated to increase to about 30.1 M, while Selling General Administrative is projected to decrease to under 65 M.
 2021 2022 2023 2024 (projected)
Gross Profit726.0M907.7M893.3M938.0M
Total Revenue1.8B2.3B2.1B1.3B

Compass Diversified fundamental ratios Correlations

0.830.840.780.710.270.670.040.980.850.840.990.840.770.920.94-0.650.670.770.720.960.970.9-0.470.870.14
0.830.610.450.43-0.150.560.050.910.650.850.880.630.450.750.89-0.610.560.50.390.810.890.73-0.340.710.35
0.840.610.860.770.440.290.240.810.940.660.830.960.860.790.85-0.710.290.80.780.730.830.6-0.480.940.32
0.780.450.860.640.580.350.170.670.860.540.70.880.940.810.68-0.40.350.880.890.660.670.66-0.560.880.09
0.710.430.770.640.290.4-0.10.690.80.550.720.770.690.570.69-0.570.40.610.630.640.710.56-0.130.75-0.02
0.27-0.150.440.580.29-0.010.290.110.39-0.020.150.410.50.390.14-0.09-0.010.50.530.170.110.25-0.60.340.0
0.670.560.290.350.4-0.01-0.230.640.310.480.650.270.340.560.46-0.341.00.330.310.830.630.85-0.290.29-0.07
0.040.050.240.17-0.10.29-0.230.060.06-0.20.040.140.180.350.13-0.16-0.230.170.24-0.040.060.0-0.220.150.66
0.980.910.810.670.690.110.640.060.830.871.00.810.680.880.98-0.70.640.70.610.941.00.86-0.380.850.21
0.850.650.940.860.80.390.310.060.830.80.840.980.860.750.87-0.630.310.820.770.730.830.63-0.430.970.07
0.840.850.660.540.55-0.020.48-0.20.870.80.870.760.580.630.87-0.670.480.550.520.790.850.66-0.280.76-0.03
0.990.880.830.70.720.150.650.041.00.840.870.830.710.880.97-0.70.650.720.640.951.00.87-0.40.860.19
0.840.630.960.880.770.410.270.140.810.980.760.830.890.770.86-0.670.270.820.820.720.810.61-0.390.980.16
0.770.450.860.940.690.50.340.180.680.860.580.710.890.790.71-0.560.340.890.970.660.680.63-0.440.860.04
0.920.750.790.810.570.390.560.350.880.750.630.880.770.790.86-0.510.560.830.750.840.870.88-0.550.820.29
0.940.890.850.680.690.140.460.130.980.870.870.970.860.710.86-0.720.460.730.630.860.980.76-0.360.90.26
-0.65-0.61-0.71-0.4-0.57-0.09-0.34-0.16-0.7-0.63-0.67-0.7-0.67-0.56-0.51-0.72-0.34-0.48-0.58-0.66-0.71-0.420.24-0.59-0.37
0.670.560.290.350.4-0.011.0-0.230.640.310.480.650.270.340.560.46-0.340.330.310.830.630.85-0.290.29-0.07
0.770.50.80.880.610.50.330.170.70.820.550.720.820.890.830.73-0.480.330.830.660.70.69-0.580.840.06
0.720.390.780.890.630.530.310.240.610.770.520.640.820.970.750.63-0.580.310.830.610.60.58-0.430.770.07
0.960.810.730.660.640.170.83-0.040.940.730.790.950.720.660.840.86-0.660.830.660.610.940.94-0.450.730.12
0.970.890.830.670.710.110.630.061.00.830.851.00.810.680.870.98-0.710.630.70.60.940.85-0.380.850.23
0.90.730.60.660.560.250.850.00.860.630.660.870.610.630.880.76-0.420.850.690.580.940.85-0.460.650.0
-0.47-0.34-0.48-0.56-0.13-0.6-0.29-0.22-0.38-0.43-0.28-0.4-0.39-0.44-0.55-0.360.24-0.29-0.58-0.43-0.45-0.38-0.46-0.43-0.24
0.870.710.940.880.750.340.290.150.850.970.760.860.980.860.820.9-0.590.290.840.770.730.850.65-0.430.21
0.140.350.320.09-0.020.0-0.070.660.210.07-0.030.190.160.040.290.26-0.37-0.070.060.070.120.230.0-0.240.21
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Compass Diversified Account Relationship Matchups

Compass Diversified fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.9B2.6B3.1B3.8B3.8B4.0B
Other Current Liab30.6M40.9M61.8M235.3M184.0M193.2M
Total Current Liabilities209.5M294.7M381.5M359.8M312.4M197.3M
Total Stockholder Equity1.1B1.1B1.1B1.1B1.3B741.5M
Other Liab45.1M184.2M193.4M158.6M182.4M124.5M
Accounts Payable178.9M253.8M120.4M82.9M93.4M96.1M
Cash100.3M70.7M157.1M61.3M450.5M473.0M
Other Assets100.7M114.3M134.3M18.9M21.8M20.7M
Long Term Debt394.4M899.5M1.3B1.8B1.7B1.7B
Good Will438.5M766.0M815.4M1.1B901.4M470.5M
Other Current Assets35.2M41.7M56.6M175.3M94.7M99.5M
Total Liab726.0M1.4B1.9B2.5B2.3B2.4B
Intangible Assets561.9M837.2M872.7M1.1B923.9M501.3M
Property Plant Equipment146.4M172.7M178.4M205.5M236.3M248.1M
Net Debt294.1M828.7M1.1B1.8B1.2B1.3B
Retained Earnings(109.3M)(211.0M)(314.3M)(372.9M)(249.2M)(236.8M)
Cash And Short Term Investments100.3M70.7M157.1M61.3M450.5M473.0M
Liabilities And Stockholders Equity1.9B2.6B3.1B3.8B3.8B4.0B
Total Current Assets644.3M708.4M1.1B1.2B1.6B1.7B
Short Long Term Debt Total413.3M907.4M1.5B1.8B1.7B1.8B
Property Plant And Equipment Net146.4M172.7M178.4M205.5M370.1M388.7M
Current Deferred Revenue(18.9M)8.0M12.8M10.2M7.4M7.0M
Non Current Assets Total1.2B1.9B2.0B2.6B2.2B1.3B
Non Currrent Assets Other100.7M114.3M134.3M16.0M17.7M16.8M
Net Receivables191.4M232.5M268.3M297.7M318.2M197.5M
Non Current Liabilities Total516.5M1.1B1.5B2.1B2.0B2.1B
Inventory317.3M363.4M562.1M732.4M740.4M777.4M
Other Stockholder Equity354.5M594M1.2B1.4B(9.3M)(8.9M)
Property Plant And Equipment Gross146.4M172.7M345.4M432.0M429.4M450.8M
Accumulated Other Comprehensive Income(3.9M)(1.5M)(1.0M)(1.1M)111K116.6K
Short Term Debt18.9M8.0M186.5M10M11.5M10.9M
Noncontrolling Interest In Consolidated Entity50.5M120.1M175.3M225.0M258.8M271.7M
Retained Earnings Total Equity(109.3M)(211.0M)(314.3M)(372.9M)(335.6M)(318.8M)
Deferred Long Term Liab33.0M83.5M84.3M156.6M180.1M189.1M
Net Tangible Assets(189.1M)(807.1M)(882.8M)(1.4B)(1.3B)(1.2B)

Currently Active Assets on Macroaxis

When determining whether Compass Diversified offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Compass Diversified's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Compass Diversified Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Compass Diversified Holdings Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Compass Diversified Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Multi-Sector Holdings 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 Compass Diversified. If investors know Compass 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 Compass Diversified 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
(0.13)
Dividend Share
1
Earnings Share
(1.89)
Revenue Per Share
29.678
Quarterly Revenue Growth
0.118
The market value of Compass Diversified is measured differently than its book value, which is the value of Compass that is recorded on the company's balance sheet. Investors also form their own opinion of Compass Diversified's value that differs from its market value or its book value, called intrinsic value, which is Compass Diversified'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 Compass Diversified's market value can be influenced by many factors that don't directly affect Compass Diversified'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 Compass Diversified's value and its price as these two are different measures arrived at by different means. Investors typically determine if Compass Diversified is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Compass Diversified'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.