First Historical Financial Ratios
| FN Stock | CAD 44.04 0.07 0.16% |
First National 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 PTB Ratio of 3.11 or Days Sales Outstanding of 244 will help investors to properly organize and evaluate First National Financial financial condition quickly.
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About First Financial Ratios Analysis
First National FinancialFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate First National 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 First financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across First National history.
First National Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing First National Financial stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on First National sales, a figure that is much harder to manipulate than other First National Financial 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.Dividend Yield
Dividend Yield is First National Financial dividend as a percentage of First National stock price. First National Financial dividend yield is a measure of First National stock productivity, which can be interpreted as interest rate earned on an First National 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.Inventory Turnover
A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.Average Inventory
The average amount of inventory a company holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels.Most ratios from First National's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into First National Financial 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 First National Financial. 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. At this time, First National's Interest Coverage is very stable compared to the past year. As of the 30th of November 2024, Payout Ratio is likely to grow to 0.80, while Price To Sales Ratio is likely to drop 2.91.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0852 | 0.0659 | 0.0838 | 0.0612 | Price To Sales Ratio | 4.85 | 3.12 | 3.06 | 2.91 |
First National fundamentals Correlations
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First National Account Relationship Matchups
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First National fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | 5.61 | 5.41 | 4.85 | 3.12 | 3.06 | 2.91 | |
| Dividend Yield | 0.0645 | 0.0606 | 0.0852 | 0.0659 | 0.0838 | 0.0612 | |
| Ptb Ratio | 3.76 | 4.07 | 4.36 | 4.32 | 3.12 | 3.11 | |
| Days Sales Outstanding | 154.83 | 153.87 | 121.31 | 103.28 | 232.24 | 243.85 | |
| Book Value Per Share | 9.37 | 9.52 | 85.96 | 90.22 | 12.3 | 16.14 | |
| Free Cash Flow Yield | (0.21) | 0.2 | (0.1) | 0.23 | (0.0477) | (0.0453) | |
| Operating Cash Flow Per Share | 7.65 | (4.18) | (6.72) | 8.49 | (1.73) | (1.64) | |
| Capex To Depreciation | 0.75 | 0.47 | 3.48 | 0.91 | 0.44 | 0.63 | |
| Pb Ratio | 3.76 | 4.07 | 4.36 | 4.32 | 3.12 | 3.11 | |
| Ev To Sales | 87.72 | 82.37 | 76.98 | 58.14 | 57.11 | 47.37 | |
| Free Cash Flow Per Share | 7.55 | (4.24) | (7.25) | 8.28 | (1.83) | (1.74) | |
| Roic | 0.005215 | 0.005296 | 0.005186 | 0.00475 | 0.009806 | 0.009315 | |
| Inventory Turnover | 0.68 | 0.8 | 0.71 | 0.87 | 1.0 | 1.17 | |
| Net Income Per Share | 2.96 | 3.17 | 3.24 | 3.3 | 4.22 | 4.43 | |
| Days Of Inventory On Hand | 536.99 | 454.98 | 514.41 | 418.85 | 481.68 | 465.64 | |
| Capex To Revenue | 0.0144 | 0.007796 | 0.0622 | 0.0177 | 0.008251 | 0.0137 | |
| Cash Per Share | (0.12) | (0.38) | (0.88) | (0.85) | (0.98) | (0.93) | |
| Pocfratio | 4.98 | (9.91) | (6.19) | 4.29 | (22.24) | (21.12) | |
| Interest Coverage | 0.31 | 0.3 | 0.34 | 0.39 | 0.43 | 0.76 | |
| Payout Ratio | 1.05 | 0.83 | 0.79 | 1.09 | 0.76 | 0.8 | |
| Capex To Operating Cash Flow | 0.0128 | (0.0143) | (0.0793) | 0.0243 | (0.0599) | (0.0569) | |
| Pfcf Ratio | 5.04 | (9.77) | (5.73) | 4.4 | (20.98) | (19.93) | |
| Income Quality | 2.59 | (1.32) | (2.07) | 2.57 | (0.41) | (0.43) | |
| Ev To Operating Cash Flow | 77.86 | (150.94) | (98.14) | 79.82 | (414.6) | (393.87) | |
| Pe Ratio | 12.89 | 13.08 | 12.81 | 11.05 | 9.1 | 5.55 | |
| Return On Tangible Assets | 0.004706 | 0.004821 | 0.004606 | 0.004521 | 0.005504 | 0.005229 | |
| Ev To Free Cash Flow | 78.87 | (148.82) | (90.92) | 81.81 | (391.17) | (371.61) | |
| Earnings Yield | 0.0776 | 0.0765 | 0.0781 | 0.0905 | 0.11 | 0.0638 | |
| Intangibles To Total Assets | 7.9E-4 | 7.54E-4 | 7.04E-4 | 6.8E-4 | 6.48E-4 | 6.16E-4 | |
| Current Ratio | 3.32 | 2.78 | 3.03 | 1.03 | 0.92 | 1.44 | |
| Tangible Book Value Per Share | 8.87 | 9.02 | 85.46 | 89.72 | 11.81 | 15.8 | |
| Receivables Turnover | 2.36 | 2.37 | 3.01 | 3.53 | 1.57 | 1.49 | |
| Graham Number | 24.96 | 26.06 | 26.51 | 29.41 | 34.16 | 35.87 | |
| Shareholders Equity Per Share | 9.37 | 9.52 | 9.63 | 11.66 | 12.3 | 12.92 | |
| Debt To Equity | 59.5 | 61.93 | 63.98 | 54.87 | 54.98 | 45.91 |
Pair Trading with First National
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 First National 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 First National will appreciate offsetting losses from the drop in the long position's value.Moving together with First Stock
Moving against First Stock
| 0.71 | AQN | Algonquin Power Utilities | PairCorr |
| 0.58 | T | Telus Corp | PairCorr |
| 0.53 | TD | Toronto Dominion Bank Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to First National could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First National 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 First National - 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 First National Financial to buy it.
The correlation of First National 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 First National moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First National Financial 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 First National 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.Other Information on Investing in First Stock
First National FinancialFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate First National 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 First financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across First National history.