Horace Pfcf Ratio vs Ev To Free Cash Flow Analysis
HMN Stock | USD 41.44 0.09 0.22% |
Horace Mann financial indicator trend analysis is much more than just examining Horace Mann Educators latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Horace Mann Educators is a good investment. Please check the relationship between Horace Mann Pfcf Ratio and its Ev To Free Cash Flow accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Horace Mann Educators. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
Pfcf Ratio vs Ev To Free Cash Flow
Pfcf Ratio vs Ev To Free Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Horace Mann Educators Pfcf Ratio account and Ev To Free Cash Flow. At this time, the significance of the direction appears to have totally related.
The correlation between Horace Mann's Pfcf Ratio and Ev To Free Cash Flow is 1.0. Overlapping area represents the amount of variation of Pfcf Ratio that can explain the historical movement of Ev To Free Cash Flow in the same time period over historical financial statements of Horace Mann Educators, assuming nothing else is changed. The correlation between historical values of Horace Mann's Pfcf Ratio and Ev To 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 Pfcf Ratio of Horace Mann Educators are associated (or correlated) with its Ev To Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Free Cash Flow has no effect on the direction of Pfcf Ratio i.e., Horace Mann's Pfcf Ratio and Ev To Free Cash Flow go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Pfcf Ratio
Ev To Free Cash Flow
A valuation metric comparing the company's enterprise value to its free cash flow, used to evaluate whether a company is undervalued or overvalued.Most indicators from Horace Mann's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Horace Mann Educators 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Horace Mann Educators. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. At this time, Horace Mann's Tax Provision is very stable compared to the past year. As of the 11th of December 2024, Sales General And Administrative To Revenue is likely to grow to 0.28, while Selling General Administrative is likely to drop about 173.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.3B | 1.4B | 1.5B | 1.0B | Total Revenue | 1.3B | 1.4B | 1.5B | 1.0B |
Horace Mann fundamental ratios Correlations
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Horace Mann Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Horace Mann fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 12.5B | 13.5B | 14.4B | 13.3B | 14.0B | 7.8B | |
Short Long Term Debt Total | 433.0M | 437.3M | 502.6M | 747M | 546M | 309.0M | |
Other Current Liab | 9.4B | 9.4B | (135M) | (249M) | (1.9B) | (1.8B) | |
Total Current Liabilities | 9.4B | 9.4B | 135M | 249M | (1.9B) | (1.8B) | |
Total Stockholder Equity | 1.6B | 1.8B | 1.8B | 1.1B | 1.2B | 905.6M | |
Net Debt | 407.5M | 415M | 369.6M | 455.2M | 516.3M | 542.1M | |
Retained Earnings | 1.4B | 1.4B | 1.5B | 1.5B | 1.5B | 789.2M | |
Non Currrent Assets Other | (38.5M) | (28.9M) | (29.2M) | (135.3M) | 9.2B | 9.7B | |
Other Assets | (626.1M) | (771.0M) | (43M) | 361.4M | 3.3B | 3.8B | |
Liabilities And Stockholders Equity | 12.5B | 13.5B | 14.4B | 13.3B | 14.0B | 7.8B | |
Non Current Liabilities Total | 298.0M | 302.3M | 253.6M | 249M | 12.9B | 13.5B | |
Other Stockholder Equity | (5.0M) | 259K | 1.9M | (14.8M) | (13M) | (12.4M) | |
Total Liab | 10.9B | 11.7B | 12.6B | 12.2B | 12.9B | 6.9B | |
Short Term Debt | 872.5M | 0.0 | 135M | 249M | 286.4M | 300.7M | |
Intangible Assets | 177.2M | 158.5M | 145.4M | 185.2M | 156.9M | 134.9M | |
Non Current Assets Total | 6.9B | 7.5B | 7.7B | 6.9B | 10.7B | 11.2B | |
Net Receivables | 2.3B | 2.4B | 153.2M | 506.2M | 480.5M | 386.4M | |
Total Current Assets | 6.2B | 6.7B | 6.7B | 6.1B | 29M | 27.6M | |
Cash | 25.5M | 22.3M | 133M | 42.8M | 29.7M | 23.2M | |
Cash And Short Term Investments | 6.2B | 6.7B | 6.7B | 5.5B | 29M | 27.6M | |
Accumulated Other Comprehensive Income | 219.7M | 355.1M | 280.5M | (399.4M) | (314M) | (298.3M) | |
Short Term Investments | 6.2B | 6.7B | 6.6B | 5.5B | 522.9M | 496.8M | |
Other Liab | 9.1B | 9.8B | 10.5B | 10.0B | 11.5B | 12.1B | |
Long Term Debt | 298.0M | 302.3M | 253.6M | 249M | 546M | 573.3M | |
Good Will | 49.1M | 43.5M | 43.5M | 54.3M | 62.4M | 52.6M | |
Property Plant Equipment | 76.6M | 77.3M | 75M | 80.9M | 93.0M | 97.7M | |
Accounts Payable | 442.9M | 438.8M | 425.9M | 585.1M | 672.9M | 343.8M | |
Other Current Assets | 249.1M | 296.3M | 394M | 794.5M | 830.2M | 871.7M | |
Net Tangible Assets | 1.3B | 1.6B | 1.7B | 1.0B | 1.2B | 1.4B | |
Retained Earnings Total Equity | 1.2B | 1.4B | 1.4B | 1.5B | 1.8B | 1.3B | |
Long Term Debt Total | 298.0M | 302.3M | 253.6M | 498M | 572.7M | 297.3M | |
Capital Surpluse | 481.0M | 488.4M | 495.3M | 502.6M | 578.0M | 493.9M | |
Long Term Investments | 6.6B | 7.3B | 7.4B | 6.6B | 6.7B | 7.9B | |
Non Current Liabilities Other | 5.7B | 10.5B | 11.2B | 12.1B | 13.9B | 9.1B | |
Property Plant And Equipment Net | 60.1M | 64.7M | 66M | 69.3M | 68.6M | 52.2M |
Pair Trading with Horace Mann
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 Horace Mann 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 Horace Mann will appreciate offsetting losses from the drop in the long position's value.Moving together with Horace Stock
0.82 | L | Loews Corp | PairCorr |
0.78 | FRFHF | Fairfax Financial | PairCorr |
0.69 | AFG | American Financial | PairCorr |
0.86 | AIZ | Assurant | PairCorr |
Moving against Horace Stock
The ability to find closely correlated positions to Horace Mann could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Horace Mann 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 Horace Mann - 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 Horace Mann Educators to buy it.
The correlation of Horace Mann 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 Horace Mann moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Horace Mann Educators 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 Horace Mann 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Horace Mann Educators. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Multi-line Insurance 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 Horace Mann. If investors know Horace 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 Horace Mann 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 1.964 | Dividend Share 1.35 | Earnings Share 2.52 | Revenue Per Share 38.477 | Quarterly Revenue Growth 0.088 |
The market value of Horace Mann Educators is measured differently than its book value, which is the value of Horace that is recorded on the company's balance sheet. Investors also form their own opinion of Horace Mann's value that differs from its market value or its book value, called intrinsic value, which is Horace Mann'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 Horace Mann's market value can be influenced by many factors that don't directly affect Horace Mann'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 Horace Mann's value and its price as these two are different measures arrived at by different means. Investors typically determine if Horace Mann is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Horace Mann'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.