Portillos Property Plant Equipment vs Common Stock Analysis

PTLO Stock  USD 9.96  0.16  1.58%   
Portillos financial indicator trend analysis is much more than just breaking down Portillos prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Portillos is a good investment. Please check the relationship between Portillos Property Plant Equipment and its Common Stock accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Portillos. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
To learn how to invest in Portillos Stock, please use our How to Invest in Portillos guide.

Property Plant Equipment vs Common Stock

Property Plant Equipment vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Portillos Property Plant Equipment account and Common Stock. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Portillos' Property Plant Equipment and Common Stock is -0.06. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Common Stock in the same time period over historical financial statements of Portillos, assuming nothing else is changed. The correlation between historical values of Portillos' Property Plant Equipment and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Portillos are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Property Plant Equipment i.e., Portillos' Property Plant Equipment and Common Stock go up and down completely randomly.

Correlation Coefficient

-0.06
Relationship DirectionNegative 
Relationship StrengthInsignificant

Property Plant Equipment

Common Stock

Most indicators from Portillos' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Portillos 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 Portillos. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
To learn how to invest in Portillos Stock, please use our How to Invest in Portillos guide.At this time, Portillos' Tax Provision is very stable compared to the past year. As of the 12th of December 2024, Enterprise Value Over EBITDA is likely to grow to 23.24, while Selling General Administrative is likely to drop about 69.5 M.
 2021 2022 2023 2024 (projected)
Interest Expense39.7M27.6M27.5M29.3M
Depreciation And Amortization23.3M20.9M24.3M18.8M

Portillos fundamental ratios Correlations

0.370.640.870.990.950.920.990.880.31-0.760.94-0.081.00.790.45-0.92-0.080.95-0.650.920.670.970.910.570.72
0.370.630.550.430.140.020.470.090.990.260.07-0.480.41-0.09-0.21-0.01-0.480.19-0.360.510.920.190.060.960.9
0.640.630.520.570.570.480.620.710.52-0.170.57-0.030.620.40.14-0.45-0.030.51-0.640.580.830.60.380.740.81
0.870.550.520.930.750.690.910.620.56-0.460.72-0.50.890.72-0.01-0.71-0.50.88-0.710.990.750.810.840.660.8
0.990.430.570.930.90.870.990.790.39-0.70.89-0.180.990.770.37-0.87-0.180.95-0.620.960.690.950.910.590.74
0.950.140.570.750.90.990.880.940.07-0.870.96-0.050.930.870.48-0.99-0.050.92-0.740.820.470.960.920.390.52
0.920.020.480.690.870.990.850.93-0.04-0.930.960.040.90.860.55-1.00.040.91-0.660.770.360.940.920.280.42
0.990.470.620.910.990.880.850.80.42-0.680.89-0.120.990.730.4-0.85-0.120.94-0.590.950.740.940.880.620.78
0.880.090.710.620.790.940.930.8-0.02-0.780.960.160.850.850.5-0.920.160.86-0.680.720.460.930.830.320.49
0.310.990.520.560.390.07-0.040.42-0.020.320.0-0.580.35-0.12-0.320.05-0.580.16-0.330.50.870.130.040.920.86
-0.760.26-0.17-0.46-0.7-0.87-0.93-0.68-0.780.32-0.86-0.25-0.74-0.73-0.730.92-0.25-0.760.38-0.54-0.05-0.81-0.810.02-0.1
0.940.070.570.720.890.960.960.890.960.0-0.860.130.920.90.54-0.960.130.96-0.590.810.440.990.940.290.49
-0.08-0.48-0.03-0.5-0.18-0.050.04-0.120.16-0.58-0.250.13-0.13-0.090.72-0.011.0-0.090.57-0.38-0.350.04-0.1-0.47-0.38
1.00.410.620.890.990.930.90.990.850.35-0.740.92-0.130.780.42-0.9-0.130.95-0.660.940.690.960.910.590.74
0.79-0.090.40.720.770.870.860.730.85-0.12-0.730.9-0.090.780.19-0.88-0.090.92-0.690.780.270.890.940.10.34
0.45-0.210.14-0.010.370.480.550.40.5-0.32-0.730.540.720.420.19-0.520.720.340.170.1-0.030.470.33-0.06-0.02
-0.92-0.01-0.45-0.71-0.87-0.99-1.0-0.85-0.920.050.92-0.96-0.01-0.9-0.88-0.52-0.01-0.920.66-0.78-0.35-0.95-0.94-0.26-0.41
-0.08-0.48-0.03-0.5-0.18-0.050.04-0.120.16-0.58-0.250.131.0-0.13-0.090.72-0.01-0.090.57-0.38-0.350.04-0.1-0.47-0.38
0.950.190.510.880.950.920.910.940.860.16-0.760.96-0.090.950.920.34-0.92-0.09-0.630.930.530.980.990.370.59
-0.65-0.36-0.64-0.71-0.62-0.74-0.66-0.59-0.68-0.330.38-0.590.57-0.66-0.690.170.660.57-0.63-0.71-0.55-0.62-0.62-0.56-0.59
0.920.510.580.990.960.820.770.950.720.5-0.540.81-0.380.940.780.1-0.78-0.380.93-0.710.750.880.890.630.8
0.670.920.830.750.690.470.360.740.460.87-0.050.44-0.350.690.27-0.03-0.35-0.350.53-0.550.750.550.40.951.0
0.970.190.60.810.950.960.940.940.930.13-0.810.990.040.960.890.47-0.950.040.98-0.620.880.550.950.390.6
0.910.060.380.840.910.920.920.880.830.04-0.810.94-0.10.910.940.33-0.94-0.10.99-0.620.890.40.950.250.47
0.570.960.740.660.590.390.280.620.320.920.020.29-0.470.590.1-0.06-0.26-0.470.37-0.560.630.950.390.250.94
0.720.90.810.80.740.520.420.780.490.86-0.10.49-0.380.740.34-0.02-0.41-0.380.59-0.590.81.00.60.470.94
Click cells to compare fundamentals

Portillos Account Relationship Matchups

Pair Trading with Portillos

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 Portillos 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 Portillos will appreciate offsetting losses from the drop in the long position's value.

Moving against Portillos Stock

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  0.76XPOF Xponential FitnessPairCorr
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  0.72DPZ Dominos PizzaPairCorr
The ability to find closely correlated positions to Portillos could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Portillos 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 Portillos - 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 Portillos to buy it.
The correlation of Portillos 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 Portillos moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Portillos 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 Portillos 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.
Pair CorrelationCorrelation Matching
When determining whether Portillos offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Portillos' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Portillos Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Portillos Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Portillos. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
To learn how to invest in Portillos Stock, please use our How to Invest in Portillos guide.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Hotels, Restaurants & Leisure 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 Portillos. If investors know Portillos 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 Portillos 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
0.571
Earnings Share
0.42
Revenue Per Share
12.071
Quarterly Revenue Growth
0.069
Return On Assets
0.0254
The market value of Portillos is measured differently than its book value, which is the value of Portillos that is recorded on the company's balance sheet. Investors also form their own opinion of Portillos' value that differs from its market value or its book value, called intrinsic value, which is Portillos' 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 Portillos' market value can be influenced by many factors that don't directly affect Portillos' 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 Portillos' value and its price as these two are different measures arrived at by different means. Investors typically determine if Portillos is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Portillos' 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.