Cannae Price To Sales Ratio vs Roe Analysis

CNNE Stock  USD 18.69  0.45  2.47%   
Cannae Holdings financial indicator trend analysis is way more than just evaluating Cannae Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cannae Holdings is a good investment. Please check the relationship between Cannae Holdings Price To Sales Ratio and its Roe accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cannae Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Cannae Stock refer to our How to Trade Cannae Stock guide.

Price To Sales Ratio vs Roe

Price To Sales Ratio vs Roe Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cannae Holdings Price To Sales Ratio account and Roe. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Cannae Holdings' Price To Sales Ratio and Roe is 0.54. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Roe in the same time period over historical financial statements of Cannae Holdings, assuming nothing else is changed. The correlation between historical values of Cannae Holdings' Price To Sales Ratio and Roe is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of Cannae Holdings are associated (or correlated) with its Roe. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roe has no effect on the direction of Price To Sales Ratio i.e., Cannae Holdings' Price To Sales Ratio and Roe go up and down completely randomly.

Correlation Coefficient

0.54
Relationship DirectionPositive 
Relationship StrengthWeak

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Cannae Holdings stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Cannae Holdings sales, a figure that is much harder to manipulate than other Cannae Holdings 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.

Roe

Most indicators from Cannae Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cannae Holdings 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Cannae Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Cannae Stock refer to our How to Trade Cannae Stock guide.The current year's Sales General And Administrative To Revenue is expected to grow to 0.33, whereas Discontinued Operations is projected to grow to (44.3 M).
 2021 2022 2023 2024 (projected)
Total Revenue742.2M662.1M570M845.7M
Depreciation And Amortization49.2M44.6M38.3M49.8M

Cannae Holdings fundamental ratios Correlations

-0.36-0.220.3-0.39-0.23-0.43-0.180.11-0.360.55-0.45-0.38-0.560.020.28-0.040.470.540.750.03-0.250.390.04-0.49-0.1
-0.360.73-0.290.990.610.960.59-0.050.99-0.720.540.990.84-0.54-0.320.3-0.72-0.81-0.560.540.84-0.93-0.280.960.73
-0.220.73-0.310.710.770.680.360.220.75-0.810.180.760.69-0.05-0.20.02-0.57-0.64-0.320.530.76-0.67-0.560.580.65
0.3-0.29-0.31-0.350.17-0.470.19-0.45-0.360.530.1-0.36-0.23-0.05-0.310.380.360.620.37-0.48-0.160.580.57-0.330.13
-0.390.990.71-0.350.560.980.520.01.0-0.740.510.990.85-0.55-0.340.24-0.73-0.82-0.590.520.79-0.95-0.290.970.65
-0.230.610.770.170.560.490.45-0.350.58-0.570.560.570.650.09-0.450.48-0.33-0.37-0.310.160.72-0.380.060.490.72
-0.430.960.68-0.470.980.490.440.050.97-0.770.480.970.83-0.53-0.260.17-0.69-0.87-0.640.580.75-0.96-0.340.950.57
-0.180.590.360.190.520.450.44-0.470.48-0.210.660.490.43-0.370.090.63-0.63-0.53-0.30.450.82-0.440.020.60.88
0.11-0.050.22-0.450.0-0.350.05-0.470.05-0.28-0.810.09-0.06-0.160.02-0.910.02-0.030.130.13-0.27-0.17-0.82-0.11-0.35
-0.360.990.75-0.361.00.580.970.480.05-0.760.460.990.84-0.53-0.350.2-0.71-0.8-0.560.520.78-0.95-0.340.940.64
0.55-0.72-0.810.53-0.74-0.57-0.77-0.21-0.28-0.76-0.28-0.78-0.810.140.360.150.640.780.73-0.28-0.590.770.54-0.72-0.39
-0.450.540.180.10.510.560.480.66-0.810.46-0.280.430.53-0.11-0.180.83-0.49-0.5-0.60.10.63-0.380.460.630.58
-0.380.990.76-0.360.990.570.970.490.090.99-0.780.430.87-0.53-0.350.14-0.73-0.83-0.590.540.78-0.95-0.380.950.64
-0.560.840.69-0.230.850.650.830.43-0.060.84-0.810.530.87-0.24-0.590.11-0.71-0.78-0.80.260.64-0.74-0.150.870.49
0.02-0.54-0.05-0.05-0.550.09-0.53-0.37-0.16-0.530.14-0.11-0.53-0.240.16-0.070.320.280.14-0.26-0.290.550.24-0.56-0.34
0.28-0.32-0.2-0.31-0.34-0.45-0.260.090.02-0.350.36-0.18-0.35-0.590.160.070.02-0.010.40.510.020.15-0.24-0.34-0.02
-0.040.30.020.380.240.480.170.63-0.910.20.150.830.140.11-0.070.07-0.17-0.11-0.060.120.53-0.080.590.280.61
0.47-0.72-0.570.36-0.73-0.33-0.69-0.630.02-0.710.64-0.49-0.73-0.710.320.02-0.170.850.67-0.48-0.680.720.43-0.76-0.53
0.54-0.81-0.640.62-0.82-0.37-0.87-0.53-0.03-0.80.78-0.5-0.83-0.780.28-0.01-0.110.850.76-0.65-0.750.870.42-0.86-0.52
0.75-0.56-0.320.37-0.59-0.31-0.64-0.30.13-0.560.73-0.6-0.59-0.80.140.4-0.060.670.76-0.03-0.390.580.06-0.73-0.19
0.030.540.53-0.480.520.160.580.450.130.52-0.280.10.540.26-0.260.510.12-0.48-0.65-0.030.66-0.59-0.50.440.52
-0.250.840.76-0.160.790.720.750.82-0.270.78-0.590.630.780.64-0.290.020.53-0.68-0.75-0.390.66-0.74-0.220.770.94
0.39-0.93-0.670.58-0.95-0.38-0.96-0.44-0.17-0.950.77-0.38-0.95-0.740.550.15-0.080.720.870.58-0.59-0.740.47-0.92-0.56
0.04-0.28-0.560.57-0.290.06-0.340.02-0.82-0.340.540.46-0.38-0.150.24-0.240.590.430.420.06-0.5-0.220.47-0.19-0.1
-0.490.960.58-0.330.970.490.950.6-0.110.94-0.720.630.950.87-0.56-0.340.28-0.76-0.86-0.730.440.77-0.92-0.190.63
-0.10.730.650.130.650.720.570.88-0.350.64-0.390.580.640.49-0.34-0.020.61-0.53-0.52-0.190.520.94-0.56-0.10.63
Click cells to compare fundamentals

Cannae Holdings Account Relationship Matchups

Cannae Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding72.4M85.9M90.1M81.6M73.4M73.9M
Total Assets2.1B4.6B3.9B3.1B2.7B2.7B
Other Current Liab(26.4M)114.9M107.6M43.4M38.2M39.7M
Total Current Liabilities198.7M202M179.5M122.7M107.5M140.2M
Total Stockholder Equity1.5B3.8B3.3B2.7B2.3B2.2B
Other Liab16.4M378.4M188.8M13M15.0M14.2M
Net Tangible Assets1.4B3.7B3.3B2.6B3.0B1.9B
Property Plant And Equipment Net355.5M348.1M272.6M243.5M202.2M279.3M
Net Debt(406.6M)(410M)150M23.5M154.9M162.6M
Retained Earnings143.6M1.9B1.6B1.2B901.3M807.9M
Accounts Payable191.7M25.7M22.7M79M36M34.2M
Cash533.7M724.7M85.8M247.7M106.2M100.9M
Non Current Assets Total1.5B3.8B3.8B2.8B2.5B2.3B
Non Currrent Assets Other85.6M1.5B2.4B521.1M145.3M138.0M
Other Assets54.5M3.8M9.1M28.3M1.00.95
Long Term Debt120.1M52.2M14.1M95.1M102.5M76.4M
Cash And Short Term Investments533.7M759.9M85.8M282.6M121.8M115.7M
Net Receivables16M17.6M17.7M1.9M33.6M21.3M
Good Will202.7M164.9M66.1M53.4M48.1M83.4M
Short Term Investments500K35.2M10.1M34.9M15.6M14.8M
Non Current Liabilities Total363.7M626.2M369M287.9M270M318.4M
Inventory22.3M16.3M(17.6M)(10.1M)(9.1M)(8.6M)
Other Current Assets97.2M84.3M35.8M26.1M21.9M20.8M
Other Stockholder Equity1.4B1.9B1.7B1.5B1.4B1.5B
Total Liab562.4M828.2M548.5M410.6M377.5M515.3M
Long Term Investments922.1M1.5B2.4B2.1B2.0B1.3B
Short Long Term Debt5.9M7M11.3M2.3M2.5M2.4M
Total Current Assets630.9M844.2M121.6M310.6M177.3M315.1M
Treasury Stock(5.9M)(21.1M)(188.6M)(414M)(372.6M)(354.0M)
Short Term Debt7M37.5M26.1M25.1M16.4M15.6M
Intangible Assets63.1M51.8M26.9M23.5M16.8M16.0M
Property Plant Equipment355.5M145.8M100.6M87.5M78.8M154.4M
Short Long Term Debt Total127.1M314.7M235.8M271.2M261.1M210.0M
Current Deferred Revenue26.4M23.9M23.1M18.6M16.9M19.1M
Liabilities And Stockholders Equity2.1B4.6B3.9B3.1B2.7B2.9B
Capital Lease Obligations268.7M251.2M219.4M173.8M169.2M159.3M
Property Plant And Equipment Gross355.5M348.1M455.1M243.5M343.8M326.7M
Accumulated Other Comprehensive Income(45.9M)(4.9M)(7.2M)(18.1M)(19.9M)(20.9M)
Non Current Liabilities Other62.5M20.9M243.6M41.8M48.1M94.5M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Cannae Holdings is a strong investment it is important to analyze Cannae Holdings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cannae Holdings' future performance. For an informed investment choice regarding Cannae Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cannae Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Cannae Stock refer to our How to Trade Cannae Stock guide.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Multi-Sector Holdings 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 Cannae Holdings. If investors know Cannae 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 Cannae Holdings 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
(0.67)
Dividend Share
0.12
Earnings Share
(6.74)
Revenue Per Share
7.145
Quarterly Revenue Growth
(0.23)
The market value of Cannae Holdings is measured differently than its book value, which is the value of Cannae that is recorded on the company's balance sheet. Investors also form their own opinion of Cannae Holdings' value that differs from its market value or its book value, called intrinsic value, which is Cannae Holdings' 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 Cannae Holdings' market value can be influenced by many factors that don't directly affect Cannae Holdings' 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 Cannae Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cannae Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cannae Holdings' 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.