Eaton Historical Financial Ratios
ETN Stock | USD 334.63 5.53 1.63% |
Eaton PLC is recently reporting on over 113 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 PTB Ratio of 5.3 or Days Sales Outstanding of 46.46 will help investors to properly organize and evaluate Eaton PLC financial condition quickly.
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About Eaton Financial Ratios Analysis
Eaton PLCFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Eaton PLC 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 Eaton financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Eaton PLC history.
Eaton PLC Financial Ratios Chart
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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.Invested Capital
Invested capital represents the total cash investment that shareholders and debt holders have contributed to Eaton PLC. There are two different methods for calculating Eaton PLC invested capital: operating approach and financing approach. Understanding Eaton PLC invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.Average Payables
The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.Stock Based Compensation To Revenue
A metric that compares the total value of stock-based compensation granted by a company to its total revenue, indicating how much of the revenue is used to compensate employees with stock options or awards.Most ratios from Eaton PLC's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Eaton PLC 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eaton PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Eaton Stock, please use our How to Invest in Eaton PLC guide.At this time, Eaton PLC's EV To Sales is very stable compared to the past year. As of the 28th of December 2024, Free Cash Flow Per Share is likely to grow to 7.54, while Dividend Yield is likely to drop 0.01.
2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0177 | 0.0208 | 0.0143 | 0.0136 | Price To Sales Ratio | 3.51 | 3.02 | 4.14 | 4.35 |
Eaton PLC fundamentals Correlations
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Eaton PLC Account Relationship Matchups
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Eaton PLC fundamentals Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Price To Sales Ratio | 1.86 | 2.71 | 3.51 | 3.02 | 4.14 | 4.35 | |
Dividend Yield | 0.0303 | 0.0243 | 0.0177 | 0.0208 | 0.0143 | 0.0136 | |
Ptb Ratio | 2.47 | 3.24 | 4.2 | 3.67 | 5.05 | 5.3 | |
Book Value Per Share | 38.5 | 37.23 | 41.26 | 42.83 | 47.78 | 50.17 | |
Free Cash Flow Yield | 0.0722 | 0.0529 | 0.023 | 0.0309 | 0.0298 | 0.0283 | |
Operating Cash Flow Per Share | 8.24 | 7.32 | 5.43 | 6.35 | 9.08 | 9.53 | |
Stock Based Compensation To Revenue | 0.004067 | 0.005152 | 0.005146 | 0.004674 | 0.004207 | 0.003492 | |
Capex To Depreciation | 0.57 | 0.63 | 0.66 | 0.48 | 0.82 | 0.94 | |
Pb Ratio | 2.47 | 3.24 | 4.2 | 3.67 | 5.05 | 5.3 | |
Ev To Sales | 2.24 | 3.15 | 3.95 | 3.44 | 4.54 | 4.77 | |
Free Cash Flow Per Share | 6.84 | 6.35 | 3.98 | 4.85 | 7.18 | 7.54 | |
Roic | 0.0886 | 0.11 | 0.068 | 0.0304 | 0.0445 | 0.0685 | |
Inventory Turnover | 5.11 | 5.88 | 4.48 | 4.04 | 3.95 | 6.75 | |
Net Income Per Share | 5.28 | 3.51 | 5.38 | 6.18 | 8.06 | 8.47 | |
Days Of Inventory On Hand | 71.41 | 62.04 | 81.52 | 90.3 | 92.44 | 48.83 | |
Payables Turnover | 6.78 | 6.24 | 4.75 | 4.51 | 4.39 | 4.17 | |
Research And Ddevelopement To Revenue | 0.0283 | 0.0309 | 0.0314 | 0.032 | 0.0325 | 0.0342 | |
Capex To Revenue | 0.0274 | 0.0218 | 0.0293 | 0.0288 | 0.0326 | 0.0416 | |
Cash Per Share | 1.41 | 2.74 | 1.42 | 1.39 | 6.54 | 6.86 | |
Pocfratio | 11.5 | 16.41 | 31.86 | 24.7 | 26.52 | 27.85 | |
Interest Coverage | 8.23 | 5.79 | 10.42 | 14.42 | 25.73 | 27.01 | |
Pfcf Ratio | 13.86 | 18.91 | 43.39 | 32.34 | 33.52 | 17.24 | |
Days Payables Outstanding | 53.82 | 58.45 | 76.8 | 80.87 | 83.2 | 87.36 | |
Income Quality | 1.56 | 2.08 | 1.01 | 1.03 | 1.13 | 1.83 | |
Ev To Operating Cash Flow | 13.9 | 19.11 | 35.84 | 28.19 | 29.09 | 30.55 | |
Pe Ratio | 17.95 | 34.27 | 32.14 | 25.42 | 29.87 | 31.36 | |
Ev To Free Cash Flow | 16.75 | 22.02 | 48.82 | 36.9 | 36.77 | 31.79 | |
Earnings Yield | 0.0557 | 0.0292 | 0.0311 | 0.0393 | 0.0335 | 0.0318 | |
Net Debt To E B I T D A | 2.93 | 4.75 | 3.56 | 2.91 | 1.88 | 1.69 | |
Current Ratio | 1.47 | 1.7 | 1.55 | 1.04 | 1.37 | 1.76 | |
Graham Number | 67.51 | 54.11 | 70.58 | 77.05 | 93.02 | 97.67 | |
Shareholders Equity Per Share | 38.38 | 37.12 | 41.17 | 42.73 | 47.7 | 50.08 |
Pair Trading with Eaton PLC
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 Eaton PLC 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 Eaton PLC will appreciate offsetting losses from the drop in the long position's value.Moving together with Eaton Stock
Moving against Eaton Stock
The ability to find closely correlated positions to Eaton PLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eaton PLC 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 Eaton PLC - 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 Eaton PLC to buy it.
The correlation of Eaton PLC 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 Eaton PLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eaton PLC 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 Eaton PLC 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eaton PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Eaton Stock, please use our How to Invest in Eaton PLC guide.You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Electrical Components & Equipment 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 Eaton PLC. If investors know Eaton 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 Eaton PLC 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 0.14 | Dividend Share 3.68 | Earnings Share 9.4 | Revenue Per Share 61.686 | Quarterly Revenue Growth 0.079 |
The market value of Eaton PLC is measured differently than its book value, which is the value of Eaton that is recorded on the company's balance sheet. Investors also form their own opinion of Eaton PLC's value that differs from its market value or its book value, called intrinsic value, which is Eaton PLC'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 Eaton PLC's market value can be influenced by many factors that don't directly affect Eaton PLC'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 Eaton PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eaton PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eaton PLC'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.