Oneconnect Pe Ratio vs Ev To Sales Analysis

OCFT Stock  USD 2.56  0.05  1.92%   
Oneconnect Financial financial indicator trend analysis is much more than just breaking down Oneconnect Financial prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Oneconnect Financial is a good investment. Please check the relationship between Oneconnect Financial Pe Ratio and its Ev To Sales accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oneconnect Financial Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Pe Ratio vs Ev To Sales

Pe Ratio vs Ev To Sales Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Oneconnect Financial Pe Ratio account and Ev To Sales. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Oneconnect Financial's Pe Ratio and Ev To Sales is -0.29. Overlapping area represents the amount of variation of Pe Ratio that can explain the historical movement of Ev To Sales in the same time period over historical financial statements of Oneconnect Financial Technology, assuming nothing else is changed. The correlation between historical values of Oneconnect Financial's Pe Ratio and Ev To Sales is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pe Ratio of Oneconnect Financial Technology are associated (or correlated) with its Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Pe Ratio i.e., Oneconnect Financial's Pe Ratio and Ev To Sales go up and down completely randomly.

Correlation Coefficient

-0.29
Relationship DirectionNegative 
Relationship StrengthInsignificant

Pe Ratio

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 indicators from Oneconnect Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Oneconnect Financial 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oneconnect Financial Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
Selling General Administrative is likely to gain to about 715.8 M in 2024, whereas Tax Provision is likely to drop (7.1 M) in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense76.6M37.2M19.5M18.6M
Depreciation And Amortization438.7M281.4M201.3M239.7M

Oneconnect Financial fundamental ratios Correlations

0.110.420.981.00.970.990.40.6-0.25-0.810.570.650.880.460.690.920.820.830.330.940.450.78-0.330.330.45
0.11-0.54-0.050.15-0.010.080.84-0.690.860.47-0.15-0.21-0.27-0.63-0.54-0.09-0.32-0.33-0.520.050.820.37-0.520.52-0.58
0.42-0.540.490.40.50.46-0.430.77-0.53-0.7-0.180.30.570.650.640.460.340.660.890.49-0.390.010.24-0.240.95
0.98-0.050.490.960.980.970.270.73-0.34-0.890.60.610.930.60.790.910.870.880.420.940.30.69-0.230.230.53
1.00.150.40.960.970.990.420.56-0.23-0.790.550.680.860.410.670.930.80.820.30.920.490.81-0.350.350.42
0.97-0.010.50.980.970.990.270.69-0.34-0.880.560.650.950.560.810.890.830.930.440.890.330.75-0.330.340.53
0.990.080.460.970.990.990.350.62-0.29-0.830.540.680.90.480.740.930.810.880.370.920.420.77-0.310.310.48
0.40.84-0.430.270.420.270.35-0.430.650.160.23-0.060.08-0.55-0.230.210.12-0.05-0.580.40.960.71-0.540.54-0.34
0.6-0.690.770.730.560.690.62-0.43-0.77-0.940.430.50.840.910.910.640.760.850.770.61-0.410.180.15-0.150.81
-0.250.86-0.53-0.34-0.23-0.34-0.290.65-0.770.69-0.42-0.68-0.51-0.64-0.74-0.5-0.6-0.59-0.47-0.210.510.02-0.410.41-0.53
-0.810.47-0.7-0.89-0.79-0.88-0.830.16-0.940.69-0.55-0.66-0.95-0.81-0.93-0.83-0.88-0.94-0.65-0.770.11-0.470.06-0.06-0.75
0.57-0.15-0.180.60.550.560.540.230.43-0.42-0.550.540.620.310.560.590.850.5-0.190.480.250.61-0.230.23-0.02
0.65-0.210.30.610.680.650.68-0.060.5-0.68-0.660.540.590.360.630.850.680.660.20.490.170.470.05-0.050.23
0.88-0.270.570.930.860.950.90.080.84-0.51-0.950.620.590.690.910.820.890.960.530.820.10.66-0.280.280.66
0.46-0.630.650.60.410.560.48-0.550.91-0.64-0.810.310.360.690.770.450.560.710.830.41-0.56-0.050.12-0.120.62
0.69-0.540.640.790.670.810.74-0.230.91-0.74-0.930.560.630.910.770.740.820.960.590.66-0.170.380.05-0.050.69
0.92-0.090.460.910.930.890.930.210.64-0.5-0.830.590.850.820.450.740.850.820.30.870.340.67-0.040.040.45
0.82-0.320.340.870.80.830.810.120.76-0.6-0.880.850.680.890.560.820.850.810.230.790.170.67-0.140.140.48
0.83-0.330.660.880.820.930.88-0.050.85-0.59-0.940.50.660.960.710.960.820.810.610.760.020.55-0.140.140.69
0.33-0.520.890.420.30.440.37-0.580.77-0.47-0.65-0.190.20.530.830.590.30.230.610.31-0.57-0.160.11-0.110.79
0.940.050.490.940.920.890.920.40.61-0.21-0.770.480.490.820.410.660.870.790.760.310.410.68-0.10.10.54
0.450.82-0.390.30.490.330.420.96-0.410.510.110.250.170.1-0.56-0.170.340.170.02-0.570.410.76-0.510.51-0.34
0.780.370.010.690.810.750.770.710.180.02-0.470.610.470.66-0.050.380.670.670.55-0.160.680.76-0.650.650.15
-0.33-0.520.24-0.23-0.35-0.33-0.31-0.540.15-0.410.06-0.230.05-0.280.120.05-0.04-0.14-0.140.11-0.1-0.51-0.65-1.00.13
0.330.52-0.240.230.350.340.310.54-0.150.41-0.060.23-0.050.28-0.12-0.050.040.140.14-0.110.10.510.65-1.0-0.13
0.45-0.580.950.530.420.530.48-0.340.81-0.53-0.75-0.020.230.660.620.690.450.480.690.790.54-0.340.150.13-0.13
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Oneconnect Financial Account Relationship Matchups

Oneconnect Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.9B10.9B9.3B8.9B8.1B9.4B
Short Long Term Debt Total3.3B2.3B815.3M333.6M357.3M339.5M
Other Current Liab540.8M1.8B3.1B530.2M4.5B4.7B
Total Current Liabilities4.9B5.2B5.2B5.4B5.1B5.3B
Total Stockholder Equity4.4B5.2B3.8B3.3B3.0B3.7B
Other Liab302.3M379.1M385.2M343.1M394.6M333.0M
Net Tangible Assets3.4B4.3B3.1B2.7B3.1B2.9B
Property Plant And Equipment Net314.5M224.3M244.4M151.4M85.1M80.8M
Current Deferred Revenue105.0M544.4M1.5B2.1B2.4B2.5B
Net Debt2.1B(771.9M)(584.1M)(1.6B)(1.0B)(971.0M)
Retained Earnings(4.0B)(5.4B)(6.6B)(7.5B)(7.9B)(8.3B)
Accounts Payable1.1B920.2M1.1B2.5B246.6M234.2M
Cash1.1B3.1B1.4B1.9B1.4B1.6B
Non Current Assets Total2.3B1.9B2.4B2.5B2.7B2.3B
Non Currrent Assets Other41.0M42.1M1.5M780.3M897.3M942.2M
Other Assets464.8M606.6M684.8M766.0M880.9M607.6M
Cash And Short Term Investments2.8B5.1B4.0B3.8B3.2B3.7B
Net Receivables921.4M1.1B1.7B2.1B809.6M1.1B
Common Stock Shares Outstanding31.3M35.5M36.9M36.8M1.1B1.1B
Short Term Investments1.7B2.1B2.6B1.9B1.8B2.1B
Liabilities And Stockholders Equity9.9B10.9B9.3B8.9B8.1B9.4B
Non Current Liabilities Total466.9M433.3M343.1M158.0M47.5M45.1M
Capital Lease Obligations189.7M134.2M154.9M91.6M51.2M48.7M
Inventory(4.2T)(3.9B)(3.3B)(690.6M)(925.2M)(971.5M)
Other Current Assets4.2T5.9B1.8B400.2M1.4B1.3B
Total Liab5.4B5.6B5.5B5.6B5.1B5.6B
Net Invested Capital7.6B7.5B4.6B3.6B3.3B4.0B
Long Term Investments512.3M222.8M826.5M1.0B1.4B1.4B
Property Plant And Equipment Gross527.0M224.3M691.4M591.7M531.0M478.7M
Short Long Term Debt3.2B2.3B815.3M289.1M306.1M290.8M
Total Current Assets7.7B8.9B6.9B6.4B5.4B7.1B
Accumulated Other Comprehensive Income8.5B10.6B10.5B11.0B1.2B1.2B
Net Working Capital2.7B3.8B1.7B928.0M285.9M271.6M
Short Term Debt3.2B2.4B872.7M289.1M329.0M312.6M
Intangible Assets687.8M627.9M398.0M281.3M182.2M363.0M

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