Mix Telemats Financials

MIXTDelisted Stock  USD 6.88  0.31  4.72%   
Based on the key indicators related to Mix Telemats' liquidity, profitability, solvency, and operating efficiency, Mix Telemats is not in a good financial situation at the moment. It has a very high risk of going through financial straits in December.
  
Understanding current and past Mix Telemats Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Mix Telemats' financial statements are interrelated, with each one affecting the others. For example, an increase in Mix Telemats' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Mix Telemats' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Mix Telemats. Check Mix Telemats' Beneish M Score to see the likelihood of Mix Telemats' management manipulating its earnings.

Mix Telemats Stock Summary

Mix Telemats competes with Alkami Technology, Agilysys, ADEIA P, Paycor HCM, and Clearwater Analytics. MiX Telematics Limited provides fleet and mobile asset management solutions through software-as-a-service delivery model. MiX Telematics Limited was founded in 1996 and is headquartered in Boca Raton, Florida. Mix Telematics operates under SoftwareApplication classification in the United States and is traded on New York Stock Exchange. It employs 996 people.
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS60688N1028
Business Address750 Park of
SectorSoftware
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.mixtelematics.com
Phone877 585 1088
CurrencyUSD - US Dollar

Mix Telemats Key Financial Ratios

Mix Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Mix Telemats's current stock value. Our valuation model uses many indicators to compare Mix Telemats value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mix Telemats competition to find correlations between indicators driving Mix Telemats's intrinsic value. More Info.
Mix Telemats is rated below average in return on equity category among its peers. It is regarded third in return on asset category among its peers reporting about  1.01  of Return On Asset per Return On Equity. Comparative valuation analysis is a catch-all technique that is used if you cannot value Mix Telemats by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Mix Telemats Market Pulse

 Quote6.88
 Change(%)  4.72 
 Change0.31 
 Open6.57
 Low6.51
 High6.89
 Volume0
 ExchangeNYSE

Steps to analyze company Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Mix Telemats is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Mix has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Mix Telemats' financials are consistent with your investment objective using the following steps:
  • Review Mix Telemats' balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Mix Telemats' liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Mix Telemats' financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Mix Telemats' stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.

Mix Telemats November 25, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Mix Telemats help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Mix Telemats. We use our internally-developed statistical techniques to arrive at the intrinsic value of Mix Telemats based on widely used predictive technical indicators. In general, we focus on analyzing Mix Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Mix Telemats's daily price indicators and compare them against related drivers.
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

Other Consideration for investing in Mix Stock

If you are still planning to invest in Mix Telemats check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Mix Telemats' history and understand the potential risks before investing.
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