Freightos Historical Financial Ratios
| CRGO Stock | 1.96 0.09 4.39% |
Freightos Limited is recently reporting on over 89 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Dividend Yield of 0.0, PTB Ratio of 1.97 or Days Sales Outstanding of 46.55 will help investors to properly organize and evaluate Freightos Limited financial condition quickly.
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About Freightos Financial Ratios Analysis
Freightos LimitedFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Freightos Limited investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Freightos financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Freightos Limited history.
Freightos Limited Financial Ratios Chart
Add Fundamental
Dividend Yield
Dividend Yield is Freightos Limited Ordinary dividend as a percentage of Freightos Limited stock price. Freightos Limited dividend yield is a measure of Freightos Limited stock productivity, which can be interpreted as interest rate earned on an Freightos Limited 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.Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.Most ratios from Freightos Limited's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Freightos Limited current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, 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 Freightos Limited Ordinary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. At this time, Freightos Limited's Days Sales Outstanding is very stable compared to the past year. As of the 11th of December 2024, Days Of Inventory On Hand is likely to grow to 20.77, while Price To Sales Ratio is likely to drop 7.00.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 54.73 | 37.03 | 33.83 | 46.55 | PTB Ratio | 0.61 | 6.86 | 2.08 | 1.97 |
Freightos Limited fundamentals Correlations
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Freightos Limited Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Freightos Limited
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 Freightos Limited 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 Freightos Limited will appreciate offsetting losses from the drop in the long position's value.Moving together with Freightos Stock
Moving against Freightos Stock
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The ability to find closely correlated positions to Freightos Limited could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Freightos Limited 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 Freightos Limited - 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 Freightos Limited Ordinary to buy it.
The correlation of Freightos Limited 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 Freightos Limited moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Freightos Limited 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 Freightos Limited 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Freightos Limited Ordinary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Air Freight & Logistics 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 Freightos Limited. If investors know Freightos 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 Freightos Limited listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.30) | Revenue Per Share 0.445 | Quarterly Revenue Growth 0.111 | Return On Assets (0.17) | Return On Equity (0.29) |
The market value of Freightos Limited is measured differently than its book value, which is the value of Freightos that is recorded on the company's balance sheet. Investors also form their own opinion of Freightos Limited's value that differs from its market value or its book value, called intrinsic value, which is Freightos Limited'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 Freightos Limited's market value can be influenced by many factors that don't directly affect Freightos Limited'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 Freightos Limited's value and its price as these two are different measures arrived at by different means. Investors typically determine if Freightos Limited is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Freightos Limited'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.