Eaton Historical Financial Ratios
ETN Stock | USD 332.16 8.00 2.35% |
Eaton PLC is recently reporting on over 113 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 5.3 or Days Sales Outstanding of 46.46 will help investors to properly organize and evaluate Eaton PLC financial condition quickly.
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About Eaton Financial Ratios Analysis
Eaton PLCFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Eaton PLC 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 Eaton financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Eaton PLC history.
Eaton PLC Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Eaton PLC stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Eaton PLC sales, a figure that is much harder to manipulate than other Eaton PLC 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 Eaton PLC dividend as a percentage of Eaton PLC stock price. Eaton PLC dividend yield is a measure of Eaton PLC stock productivity, which can be interpreted as interest rate earned on an Eaton PLC 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.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.Most ratios from Eaton PLC's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Eaton PLC 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 Eaton PLC. 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. To learn how to invest in Eaton Stock, please use our How to Invest in Eaton PLC guide.At this time, Eaton PLC's EV To Sales is very stable compared to the past year. As of the 27th of December 2024, Free Cash Flow Per Share is likely to grow to 7.54, while Dividend Yield is likely to drop 0.01.
2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0177 | 0.0208 | 0.0143 | 0.0136 | Price To Sales Ratio | 3.51 | 3.02 | 4.14 | 4.35 |
Eaton PLC fundamentals Correlations
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Eaton PLC Account Relationship Matchups
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Eaton PLC fundamentals Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Price To Sales Ratio | 1.86 | 2.71 | 3.51 | 3.02 | 4.14 | 4.35 | |
Dividend Yield | 0.0303 | 0.0243 | 0.0177 | 0.0208 | 0.0143 | 0.0136 | |
Ptb Ratio | 2.47 | 3.24 | 4.2 | 3.67 | 5.05 | 5.3 | |
Book Value Per Share | 38.5 | 37.23 | 41.26 | 42.83 | 47.78 | 50.17 | |
Free Cash Flow Yield | 0.0722 | 0.0529 | 0.023 | 0.0309 | 0.0298 | 0.0283 | |
Operating Cash Flow Per Share | 8.24 | 7.32 | 5.43 | 6.35 | 9.08 | 9.53 | |
Stock Based Compensation To Revenue | 0.004067 | 0.005152 | 0.005146 | 0.004674 | 0.004207 | 0.003492 | |
Capex To Depreciation | 0.57 | 0.63 | 0.66 | 0.48 | 0.82 | 0.94 | |
Pb Ratio | 2.47 | 3.24 | 4.2 | 3.67 | 5.05 | 5.3 | |
Ev To Sales | 2.24 | 3.15 | 3.95 | 3.44 | 4.54 | 4.77 | |
Free Cash Flow Per Share | 6.84 | 6.35 | 3.98 | 4.85 | 7.18 | 7.54 | |
Roic | 0.0886 | 0.11 | 0.068 | 0.0304 | 0.0445 | 0.0685 | |
Inventory Turnover | 5.11 | 5.88 | 4.48 | 4.04 | 3.95 | 6.75 | |
Net Income Per Share | 5.28 | 3.51 | 5.38 | 6.18 | 8.06 | 8.47 | |
Days Of Inventory On Hand | 71.41 | 62.04 | 81.52 | 90.3 | 92.44 | 48.83 | |
Payables Turnover | 6.78 | 6.24 | 4.75 | 4.51 | 4.39 | 4.17 | |
Research And Ddevelopement To Revenue | 0.0283 | 0.0309 | 0.0314 | 0.032 | 0.0325 | 0.0342 | |
Capex To Revenue | 0.0274 | 0.0218 | 0.0293 | 0.0288 | 0.0326 | 0.0416 | |
Cash Per Share | 1.41 | 2.74 | 1.42 | 1.39 | 6.54 | 6.86 | |
Pocfratio | 11.5 | 16.41 | 31.86 | 24.7 | 26.52 | 27.85 | |
Interest Coverage | 8.23 | 5.79 | 10.42 | 14.42 | 25.73 | 27.01 | |
Pfcf Ratio | 13.86 | 18.91 | 43.39 | 32.34 | 33.52 | 17.24 | |
Days Payables Outstanding | 53.82 | 58.45 | 76.8 | 80.87 | 83.2 | 87.36 | |
Income Quality | 1.56 | 2.08 | 1.01 | 1.03 | 1.13 | 1.83 | |
Ev To Operating Cash Flow | 13.9 | 19.11 | 35.84 | 28.19 | 29.09 | 30.55 | |
Pe Ratio | 17.95 | 34.27 | 32.14 | 25.42 | 29.87 | 31.36 | |
Ev To Free Cash Flow | 16.75 | 22.02 | 48.82 | 36.9 | 36.77 | 31.79 | |
Earnings Yield | 0.0557 | 0.0292 | 0.0311 | 0.0393 | 0.0335 | 0.0318 | |
Net Debt To E B I T D A | 2.93 | 4.75 | 3.56 | 2.91 | 1.88 | 1.69 | |
Current Ratio | 1.47 | 1.7 | 1.55 | 1.04 | 1.37 | 1.76 | |
Graham Number | 67.51 | 54.11 | 70.58 | 77.05 | 93.02 | 97.67 | |
Shareholders Equity Per Share | 38.38 | 37.12 | 41.17 | 42.73 | 47.7 | 50.08 |
Pair Trading with Eaton PLC
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 Eaton PLC 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 Eaton PLC will appreciate offsetting losses from the drop in the long position's value.Moving together with Eaton Stock
Moving against Eaton Stock
The ability to find closely correlated positions to Eaton PLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eaton PLC 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 Eaton PLC - 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 Eaton PLC to buy it.
The correlation of Eaton PLC 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 Eaton PLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eaton PLC 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 Eaton PLC 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eaton PLC. 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. To learn how to invest in Eaton Stock, please use our How to Invest in Eaton PLC guide.You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Electrical Components & Equipment 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 Eaton PLC. If investors know Eaton 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 Eaton PLC 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 0.14 | Dividend Share 3.68 | Earnings Share 9.39 | Revenue Per Share 61.686 | Quarterly Revenue Growth 0.079 |
The market value of Eaton PLC is measured differently than its book value, which is the value of Eaton that is recorded on the company's balance sheet. Investors also form their own opinion of Eaton PLC's value that differs from its market value or its book value, called intrinsic value, which is Eaton PLC'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 Eaton PLC's market value can be influenced by many factors that don't directly affect Eaton PLC'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 Eaton PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eaton PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eaton PLC'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.