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Finning International Stock

Finning International P/S 2024

Finning International P/S

0.59

Ticker

FTT.TO

ISIN

CA3180714048

WKN

885970

As of Oct 1, 2024, Finning International's P/S ratio stood at 0.59, a 11.32% change from the 0.53 P/S ratio recorded in the previous year.

The Finning International P/S history

Finning International Aktienanalyse

What does Finning International do?

Finning International Inc. is a global company specializing in the sales and maintenance of Caterpillar machinery and equipment. The company was founded in Canada in 1933 and is currently headquartered in Vancouver, British Columbia. In its history, Finning has experienced continuous expansion and impressive development, including both organic and acquisition growth. In 1987, the company significantly expanded through the acquisition of Tractor parts, a company in England. In 1996, Finning became a customized supplier for Caterpillar, the world's largest manufacturer of construction machinery and tools. Since then, the company has continuously expanded its network and now has 18 locations in Canada, 16 locations in the UK and Ireland, and 5 locations in Chile and Argentina. In 2020, the company had 580,784 machines and equipment valued at $38.8 billion in rental and sales. Finning's business model includes the sale of new and used machines, the rental of machinery and equipment, maintenance and repair services, as well as training and support services. The company offers machines for road and building construction, mining machines, agricultural and forestry machines, forklifts, and generators. Finning also operates a digital platform called MyFinning, which allows customers to order spare parts and machines online, manage their fleet, and optimize their maintenance plans. Finning operates its business based on three geographic segments: Canada, the UK and Iberia, and South America. The Canada segment includes machine sales as well as a fleet of 5,000 rental machines and equipment. The UK and Ireland segment serves customers working in this region and also provides services for Caterpillar customers in Europe and the Middle East. The Iberia group serves customers in Spain, Portugal, and Morocco. In February 2021, the Canadian Finning operation and a Chilean subsidiary were acquired by the Canadian Desjardins Group. The acquisition of Finning Canada is a significant transaction valued at $500 million, with Finning Canada operating 40% of its rental base and 10% of its rental business between Finning UK and GAP. Finning is an excellent example of a company that continually adapts to changes in the economy and customer needs, consistently optimizing and expanding its business to solidify its leading position in the industry. Finning International ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Finning International's P/S Ratio

Finning International's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.

Year-to-Year Comparison

Comparing Finning International's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.

Impact on Investments

The P/S ratio is instrumental for investors evaluating Finning International's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.

Interpreting P/S Ratio Fluctuations

Variations in Finning International’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.

Frequently Asked Questions about Finning International stock

What is the price-to-earnings ratio of Finning International?

The price-earnings ratio of Finning International is currently 0.59.

How has the price-earnings ratio of Finning International changed compared to last year?

The price-to-earnings ratio of Finning International has increased by 11.32% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Finning International high compared to other companies?

Yes, the price-to-earnings ratio of Finning International is high compared to other companies.

How does an increase in the price-earnings ratio of Finning International affect the company?

An increase in the price-earnings ratio of Finning International would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Finning International affect the company?

A decrease in the price-earnings ratio of Finning International would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Finning International?

Some factors that influence the price-earnings ratio of Finning International are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Finning International pay?

Over the past 12 months, Finning International paid a dividend of 0.99 CAD . This corresponds to a dividend yield of about 2.25 %. For the coming 12 months, Finning International is expected to pay a dividend of 1.12 CAD.

What is the dividend yield of Finning International?

The current dividend yield of Finning International is 2.25 %.

When does Finning International pay dividends?

Finning International pays a quarterly dividend. This is distributed in the months of December, March, June, September.

How secure is the dividend of Finning International?

Finning International paid dividends every year for the past 23 years.

What is the dividend of Finning International?

For the upcoming 12 months, dividends amounting to 1.12 CAD are expected. This corresponds to a dividend yield of 2.55 %.

In which sector is Finning International located?

Finning International is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Finning International kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Finning International from 9/5/2024 amounting to 0.275 CAD, you needed to have the stock in your portfolio before the ex-date on 8/22/2024.

When did Finning International pay the last dividend?

The last dividend was paid out on 9/5/2024.

What was the dividend of Finning International in the year 2023?

In the year 2023, Finning International distributed 0.933 CAD as dividends.

In which currency does Finning International pay out the dividend?

The dividends of Finning International are distributed in CAD.

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Andere Kennzahlen von Finning International

Our stock analysis for Finning International Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Finning International Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.