Franklin Cost Of Revenue vs Net Income Analysis

FELE Stock  USD 109.06  2.42  2.27%   
Franklin Electric financial indicator trend analysis is much more than just examining Franklin Electric latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Franklin Electric is a good investment. Please check the relationship between Franklin Electric Cost Of Revenue and its Net Income accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin Electric Co. 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.

Cost Of Revenue vs Net Income

Cost Of Revenue vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Franklin Electric Cost Of Revenue account and Net Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Franklin Electric's Cost Of Revenue and Net Income is 0.98. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Net Income in the same time period over historical financial statements of Franklin Electric Co, assuming nothing else is changed. The correlation between historical values of Franklin Electric's Cost Of Revenue and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Franklin Electric Co are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Cost Of Revenue i.e., Franklin Electric's Cost Of Revenue and Net Income go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Cost Of Revenue

Cost of Revenue is found on Franklin Electric income statement and represents the costs associated with goods and services Franklin Electric provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Franklin Electric financial statement analysis. It represents the amount of money remaining after all of Franklin Electric Co operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Franklin Electric's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Franklin Electric 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin Electric Co. 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.
The current year's Enterprise Value is expected to grow to about 3 B, whereas Selling General Administrative is forecasted to decline to about 412.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit576.1M691.4M697.0M731.9M
Total Revenue1.7B2.0B2.1B2.2B

Franklin Electric fundamental ratios Correlations

0.50.630.880.980.980.430.980.940.030.99-0.440.030.97-0.510.270.960.590.850.670.740.990.470.610.60.62
0.5-0.010.590.350.50.810.350.350.130.53-0.070.130.490.240.670.40.810.390.89-0.070.460.730.710.720.68
0.63-0.010.650.690.540.070.70.76-0.130.58-0.44-0.130.58-0.46-0.280.73-0.020.610.230.490.670.23-0.040.040.11
0.880.590.650.840.810.690.850.91-0.280.86-0.5-0.280.89-0.350.070.930.560.720.710.470.890.780.470.520.47
0.980.350.690.840.960.331.00.94-0.020.96-0.47-0.010.96-0.590.130.970.470.870.550.820.990.390.530.530.53
0.980.50.540.810.960.380.950.880.120.98-0.40.120.95-0.470.360.890.640.820.670.730.960.390.70.70.66
0.430.810.070.690.330.380.350.42-0.470.44-0.16-0.470.520.130.210.480.640.30.69-0.070.410.90.480.540.36
0.980.350.70.851.00.950.350.94-0.060.95-0.48-0.060.97-0.590.090.970.450.880.540.80.980.420.510.530.52
0.940.350.760.910.940.880.420.94-0.170.93-0.48-0.170.91-0.540.060.960.440.80.570.730.940.470.430.410.47
0.030.13-0.13-0.28-0.020.12-0.47-0.06-0.170.050.161.0-0.140.130.65-0.210.150.090.180.030.0-0.410.260.160.42
0.990.530.580.860.960.980.440.950.930.05-0.390.060.95-0.470.350.920.640.820.710.720.970.440.660.630.65
-0.44-0.07-0.44-0.5-0.47-0.4-0.16-0.48-0.480.16-0.390.16-0.470.220.19-0.53-0.03-0.6-0.26-0.22-0.48-0.43-0.26-0.17-0.36
0.030.13-0.13-0.28-0.010.12-0.47-0.06-0.171.00.060.16-0.140.130.65-0.20.150.10.180.030.0-0.420.250.160.42
0.970.490.580.890.960.950.520.970.91-0.140.95-0.47-0.14-0.50.150.960.580.830.620.70.970.560.610.650.57
-0.510.24-0.46-0.35-0.59-0.470.13-0.59-0.540.13-0.470.220.13-0.50.33-0.550.21-0.530.23-0.72-0.540.030.190.140.06
0.270.67-0.280.070.130.360.210.090.060.650.350.190.650.150.330.010.720.120.68-0.020.180.020.740.570.72
0.960.40.730.930.970.890.480.970.96-0.210.92-0.53-0.20.96-0.550.010.450.830.560.730.970.560.440.460.45
0.590.81-0.020.560.470.640.640.450.440.150.64-0.030.150.580.210.720.450.270.880.190.530.50.840.80.72
0.850.390.610.720.870.820.30.880.80.090.82-0.60.10.83-0.530.120.830.270.490.630.870.420.480.480.61
0.670.890.230.710.550.670.690.540.570.180.71-0.260.180.620.230.680.560.880.490.120.620.640.840.760.8
0.74-0.070.490.470.820.73-0.070.80.730.030.72-0.220.030.7-0.72-0.020.730.190.630.120.76-0.060.240.190.24
0.990.460.670.890.990.960.410.980.940.00.97-0.480.00.97-0.540.180.970.530.870.620.760.490.550.550.57
0.470.730.230.780.390.390.90.420.47-0.410.44-0.43-0.420.560.030.020.560.50.420.64-0.060.490.360.460.34
0.610.71-0.040.470.530.70.480.510.430.260.66-0.260.250.610.190.740.440.840.480.840.240.550.360.880.85
0.60.720.040.520.530.70.540.530.410.160.63-0.170.160.650.140.570.460.80.480.760.190.550.460.880.66
0.620.680.110.470.530.660.360.520.470.420.65-0.360.420.570.060.720.450.720.610.80.240.570.340.850.66
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Franklin Electric Account Relationship Matchups

Franklin Electric fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.2B1.3B1.6B1.7B1.7B1.8B
Short Long Term Debt Total142.6M126.5M236.8M264.8M156.3M111.0M
Other Current Liab71.5M89.0M115.4M120.6M100.2M105.3M
Total Current Liabilities185.8M203.7M396.0M405.8M287.0M301.4M
Total Stockholder Equity798.7M847.8M946.5M1.1B1.2B1.3B
Property Plant And Equipment Net228.9M241.0M259.0M264.1M286.8M301.1M
Net Debt78.2M(4.3M)196.2M219.1M71.3M51.4M
Retained Earnings712.5M764.6M859.8M969.3M1.1B1.1B
Accounts Payable82.6M95.9M164.8M139.3M152.4M160.0M
Cash64.4M130.8M40.5M45.8M85.0M61.0M
Non Current Assets Total627.3M653.1M850.5M836.1M874.3M918.0M
Non Currrent Assets Other2.0M2.7M4.5M5.9M6.4M9.5M
Cash And Short Term Investments64.4M130.8M40.5M45.8M85.0M62.5M
Net Receivables173.3M159.8M196.2M230.4M222.4M233.5M
Common Stock Shares Outstanding47M47.1M46.8M46.7M46.9M38.5M
Liabilities And Stockholders Equity1.2B1.3B1.6B1.7B1.7B1.8B
Non Current Liabilities Total210.3M218.7M230.5M217.6M230.8M152.5M
Inventory300.2M300.9M450.0M545.0M508.7M534.1M
Other Current Assets29.5M27.7M38.0M36.9M37.7M24.2M
Other Stockholder Equity271.8M283.4M310.6M325.4M344.7M362.0M
Total Liab396.1M422.4M626.5M623.4M517.8M281.4M
Property Plant And Equipment Gross228.9M241.0M210.7M215.2M657.0M689.9M
Total Current Assets567.4M619.3M724.6M858.1M853.8M896.5M
Accumulated Other Comprehensive Income(190.2M)(204.8M)(228.6M)(231.4M)(221.1M)(210.0M)
Short Term Debt31.7M13.6M113.3M142.7M29.7M24.2M
Other Liab99.6M106.1M107.0M95.5M109.9M77.3M
Other Assets(48K)27K11.6M12.2M12.7M25.7K
Long Term Debt93.1M92.0M90.5M89.3M88.1M111.1M
Good Will398.4M412.1M591.5M572.0M342.4M281.2M
Intangible Assets131.1M133.8M249.7M231.3M230.0M123.1M
Property Plant Equipment201.3M209.0M259.0M215.2M247.4M171.7M
Net Tangible Assets814.1M868.5M357.2M1.1B1.3B719.2M
Noncontrolling Interest In Consolidated Entity2.1M2.1M2.2M2.3M2.6M2.1M
Retained Earnings Total Equity712.5M764.6M859.8M969.3M1.1B610.3M
Long Term Debt Total93.1M92.0M90.5M89.3M80.3M103.2M
Capital Surpluse269.7M283.4M310.6M325.4M374.2M257.4M

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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 Franklin Electric is a strong investment it is important to analyze Franklin Electric's 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 Franklin Electric's future performance. For an informed investment choice regarding Franklin Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin Electric Co. 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.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Industrial Machinery & Supplies & Components 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 Franklin Electric. If investors know Franklin 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 Franklin Electric 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
(0.05)
Dividend Share
0.975
Earnings Share
3.96
Revenue Per Share
43.688
Quarterly Revenue Growth
(0.01)
The market value of Franklin Electric is measured differently than its book value, which is the value of Franklin that is recorded on the company's balance sheet. Investors also form their own opinion of Franklin Electric's value that differs from its market value or its book value, called intrinsic value, which is Franklin Electric'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 Franklin Electric's market value can be influenced by many factors that don't directly affect Franklin Electric'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 Franklin Electric's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Electric is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Electric'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.