Mfs Technology Financial Statements From 2010 to 2024
| MTCLX Fund | USD 80.72 0.62 0.77% |
Check Mfs Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mfs Technology's main balance sheet or income statement drivers, such as , as well as many indicators such as . Mfs financial statements analysis is a perfect complement when working with Mfs Technology Valuation or Volatility modules.
Mfs |
Mfs Technology Fund Mutual Fund Price To Book Analysis
Mfs Technology's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current Mfs Technology Price To Book | 5.40 X |
Most of Mfs Technology's fundamental indicators, such as Price To Book, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Mfs Technology Fund is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
| Competition |
Based on the latest financial disclosure, Mfs Technology Fund has a Price To Book of 5.4 times. This is much higher than that of the MFS family and significantly higher than that of the Technology category. The price to book for all United States funds is notably lower than that of the firm.
Mfs Technology Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Mfs Technology's current stock value. Our valuation model uses many indicators to compare Mfs Technology value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mfs Technology competition to find correlations between indicators driving Mfs Technology's intrinsic value. More Info.Mfs Technology Fund is number one fund in price to earning among similar funds. It also is number one fund in price to book among similar funds fabricating about 2.31 of Price To Book per Price To Earning. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Mfs Technology's earnings, one of the primary drivers of an investment's value.About Mfs Technology Financial Statements
Mfs Technology investors use historical fundamental indicators, such as Mfs Technology's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Mfs Technology. Please read more on our technical analysis and fundamental analysis pages.
The fund normally invests at least 80 percent of the funds net assets in securities of issuers principally engaged in offering, using or developing products, processes, or services that will provide or will benefit significantly from technological advances and improvements. It normally invests the funds assets primarily in equity securities. The fund may invest its assets in securities of companies of any size. It is non-diversified.
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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.Other Information on Investing in Mfs Mutual Fund
Mfs Technology financial ratios help investors to determine whether Mfs Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Mfs with respect to the benefits of owning Mfs Technology security.
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