Patrick Revenue Per Share vs Capex To Revenue Analysis

PATK Stock  USD 134.42  3.93  2.84%   
Patrick Industries financial indicator trend analysis is much more than just breaking down Patrick Industries prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Patrick Industries is a good investment. Please check the relationship between Patrick Industries Revenue Per Share and its Capex To Revenue accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Patrick Industries. 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.
For more information on how to buy Patrick Stock please use our How to buy in Patrick Stock guide.

Revenue Per Share vs Capex To Revenue

Revenue Per Share vs Capex To Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Patrick Industries Revenue Per Share account and Capex To Revenue. At this time, the significance of the direction appears to have very week relationship.
The correlation between Patrick Industries' Revenue Per Share and Capex To Revenue is 0.23. Overlapping area represents the amount of variation of Revenue Per Share that can explain the historical movement of Capex To Revenue in the same time period over historical financial statements of Patrick Industries, assuming nothing else is changed. The correlation between historical values of Patrick Industries' Revenue Per Share and Capex To Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Revenue Per Share of Patrick Industries are associated (or correlated) with its Capex To Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Revenue has no effect on the direction of Revenue Per Share i.e., Patrick Industries' Revenue Per Share and Capex To Revenue go up and down completely randomly.

Correlation Coefficient

0.23
Relationship DirectionPositive 
Relationship StrengthVery Weak

Revenue Per Share

The amount of revenue generated by a company per share of stock, calculated by dividing total revenue by the average number of shares outstanding.

Capex To Revenue

The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.
Most indicators from Patrick Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Patrick Industries 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 Patrick Industries. 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.
For more information on how to buy Patrick Stock please use our How to buy in Patrick Stock guide.At this time, Patrick Industries' Selling General Administrative is quite stable compared to the past year. Enterprise Value is expected to rise to about 57.2 M this year, although the value of Tax Provision will most likely fall to about 48.6 M.
 2021 2022 2023 2024 (projected)
Gross Profit801.2M1.1B782.2M821.3M
Total Revenue4.1B4.9B3.5B3.6B

Patrick Industries fundamental ratios Correlations

1.00.930.980.980.991.00.960.461.00.960.460.980.110.990.990.930.910.990.930.990.481.00.960.940.93
1.00.950.990.960.981.00.930.520.990.940.520.960.121.00.990.950.881.00.891.00.460.990.970.920.92
0.930.950.960.850.880.940.810.610.910.870.610.870.220.950.950.970.760.960.740.970.360.930.960.860.88
0.980.990.960.940.960.980.910.530.970.930.530.950.150.990.990.970.850.990.861.00.470.970.990.910.91
0.980.960.850.940.980.970.990.350.990.960.350.980.070.960.950.850.940.950.970.940.510.980.920.950.92
0.990.980.880.960.980.980.970.430.990.950.430.980.070.980.970.890.920.980.960.970.540.980.930.920.91
1.01.00.940.980.970.980.950.450.990.960.450.970.121.00.990.940.91.00.910.990.470.990.960.920.92
0.960.930.810.910.990.970.950.270.970.960.270.960.010.930.940.810.970.930.980.920.530.960.870.910.87
0.460.520.610.530.350.430.450.270.420.311.00.410.130.520.430.610.170.520.270.550.080.420.570.450.49
1.00.990.910.970.990.990.990.970.420.960.420.990.090.990.980.90.920.990.940.980.481.00.950.950.94
0.960.940.870.930.960.950.960.960.310.960.310.920.010.940.960.870.950.940.920.940.450.960.90.880.86
0.460.520.610.530.350.430.450.271.00.420.310.410.130.520.430.610.170.520.270.550.080.420.570.450.49
0.980.960.870.950.980.980.970.960.410.990.920.410.120.960.940.860.870.960.950.950.490.980.950.960.95
0.110.120.220.150.070.070.120.010.130.090.010.130.120.130.140.19-0.060.13-0.030.150.220.130.180.20.24
0.991.00.950.990.960.981.00.930.520.990.940.520.960.130.990.950.881.00.890.990.460.990.970.920.93
0.990.990.950.990.950.970.990.940.430.980.960.430.940.140.990.950.910.990.880.990.50.980.960.890.89
0.930.950.970.970.850.890.940.810.610.90.870.610.860.190.950.950.780.960.740.970.440.910.940.820.84
0.910.880.760.850.940.920.90.970.170.920.950.170.87-0.060.880.910.780.870.930.870.560.90.790.790.76
0.991.00.960.990.950.981.00.930.520.990.940.520.960.131.00.990.960.870.891.00.460.990.970.920.92
0.930.890.740.860.970.960.910.980.270.940.920.270.95-0.030.890.880.740.930.890.870.560.910.840.880.84
0.991.00.971.00.940.970.990.920.550.980.940.550.950.150.990.990.970.871.00.870.480.980.980.910.91
0.480.460.360.470.510.540.470.530.080.480.450.080.490.220.460.50.440.560.460.560.480.430.420.380.35
1.00.990.930.970.980.980.990.960.421.00.960.420.980.130.990.980.910.90.990.910.980.430.960.950.95
0.960.970.960.990.920.930.960.870.570.950.90.570.950.180.970.960.940.790.970.840.980.420.960.930.93
0.940.920.860.910.950.920.920.910.450.950.880.450.960.20.920.890.820.790.920.880.910.380.950.931.0
0.930.920.880.910.920.910.920.870.490.940.860.490.950.240.930.890.840.760.920.840.910.350.950.931.0
Click cells to compare fundamentals

Patrick Industries Account Relationship Matchups

Patrick Industries fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.5B1.8B2.7B2.8B2.6B2.7B
Short Long Term Debt Total769.5M937.5M1.4B1.5B1.2B1.3B
Other Current Liab58.0M47.6M107.3M93.7M60.6M63.6M
Total Current Liabilities186.9M227.4M432.8M367.2M308.5M323.9M
Total Stockholder Equity497.5M559.4M767.6M955.2M1.0B1.1B
Property Plant And Equipment Net274.4M369.3M477.7M514.2M531.3M557.9M
Net Debt630.1M892.7M1.3B1.4B1.2B1.3B
Retained Earnings305.5M360.2M513.7M758.9M843.1M885.2M
Cash139.4M44.8M122.8M22.8M11.4M11.7M
Non Current Assets Total954.2M1.2B1.7B1.9B1.8B1.9B
Non Currrent Assets Other3.4M4.0M7.1M8.8M7.9M8.3M
Cash And Short Term Investments139.4M44.8M122.8M22.8M11.4M11.7M
Net Receivables87.5M132.5M156.1M142.1M173.1M181.8M
Common Stock Shares Outstanding23.3M23.1M23.4M24.5M22.0M17.8M
Liabilities And Stockholders Equity1.5B1.8B2.7B2.8B2.6B2.7B
Non Current Liabilities Total786.6M966.6M1.5B1.5B1.2B1.3B
Inventory253.9M312.8M614.4M667.8M510.1M535.6M
Other Current Assets36.0M38.0M80.8M77.1M39.9M41.9M
Other Stockholder Equity25.0M24.4M59.7M113.2M101.9M107.0M
Total Liab973.5M1.2B1.9B1.8B1.5B1.6B
Property Plant And Equipment Gross274.4M369.3M477.7M514.2M823.8M865.0M
Total Current Assets516.8M528.1M974.1M909.9M734.6M771.4M
Accumulated Other Comprehensive Income(5.7M)(6.1M)(2.2M)(695K)(999K)(1.0M)
Short Term Debt32.7M69.3M88.1M96.0M105.0M110.3M
Intangible Assets357.0M456.3M640.5M720.2M651.2M683.7M
Accounts Payable96.2M105.8M203.5M142.9M140.5M147.6M
Common Stock Total Equity172.7M180.9M196.4M197.0M226.6M237.9M
Common Stock172.7M180.9M196.4M197.0M203.3M213.4M
Other Liab43.9M67.5M51.2M61.4M70.7M74.2M
Other Assets3.4M4.0M7.1M8.8M10.2M10.7M
Long Term Debt670.4M810.9M1.3B1.3B1.0B1.1B
Good Will676.4M852.1M551.4M629.3M637.4M669.3M
Property Plant Equipment180.8M251.5M477.7M350.6M403.2M423.3M
Net Tangible Assets(178.9M)(292.6M)(424.3M)(394.3M)(354.9M)(337.1M)
Retained Earnings Total Equity305.5M360.2M513.7M758.9M872.7M916.3M
Capital Surpluse25.1M25.0M24.4M59.7M68.6M72.0M
Deferred Long Term Liab27.3M39.5M36.5M48.4M55.7M58.4M

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When determining whether Patrick Industries is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Patrick Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Patrick Industries Stock. Highlighted below are key reports to facilitate an investment decision about Patrick Industries Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Patrick Industries. 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.
For more information on how to buy Patrick Stock please use our How to buy in Patrick Stock guide.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Building Products 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 Patrick Industries. If investors know Patrick 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 Patrick Industries 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
(0.01)
Dividend Share
2.2
Earnings Share
6.96
Revenue Per Share
168.682
Quarterly Revenue Growth
0.062
The market value of Patrick Industries is measured differently than its book value, which is the value of Patrick that is recorded on the company's balance sheet. Investors also form their own opinion of Patrick Industries' value that differs from its market value or its book value, called intrinsic value, which is Patrick Industries' 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 Patrick Industries' market value can be influenced by many factors that don't directly affect Patrick Industries' 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 Patrick Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Patrick Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Patrick Industries' 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.