Murat Armutlu - MTY Food Independent Director

MTY Stock  CAD 47.23  0.15  0.32%   

Director

Mr. Murat Armutlu serves as an Independent Director of MTY Food Group Inc. Mr. Armutlu is a Chartered Professional Accountant and formerly served as Chief Financial Officer of the Corporation from December 2000 to April 2003 since 2005.
Age 58
Tenure 19 years
Address 8210 Trans-Canada Highway, Saint-Laurent, QC, Canada, H4S 1M5
Phone514 336 8885
Webhttps://mtygroup.com
Armutlu has a Bachelor of Commerce degree. He earned his Chartered Accountant designation in 1986, and he also earned a US Certified Public Accountant designation in 1997. Since 1990, he has served as auditor, accountant, and business advisor for his clients.

MTY Food Management Efficiency

The company has return on total asset (ROA) of 0.0418 % which means that it generated a profit of $0.0418 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1177 %, meaning that it generated $0.1177 on every $100 dollars invested by stockholders. MTY Food's management efficiency ratios could be used to measure how well MTY Food manages its routine affairs as well as how well it operates its assets and liabilities. As of the 26th of November 2024, Return On Tangible Assets is likely to drop to 0.11. In addition to that, Return On Capital Employed is likely to drop to 0.09. At this time, MTY Food's Asset Turnover is very stable compared to the past year.
MTY Food Group has accumulated 1.3 B in total debt with debt to equity ratio (D/E) of 1.05, which is about average as compared to similar companies. MTY Food Group has a current ratio of 0.63, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist MTY Food until it has trouble settling it off, either with new capital or with free cash flow. So, MTY Food's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like MTY Food Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for MTY to invest in growth at high rates of return. When we think about MTY Food's use of debt, we should always consider it together with cash and equity.

Similar Executives

Found 4 records

DIRECTOR Age

Lawrence IIAlphabet Inc CDR
51
Ajit JainBerkshire Hathaway CDR
72
Suhasini ChandramouliApple Inc CDR
N/A
Gregory AbelBerkshire Hathaway CDR
62
MTY Food Group Inc. franchises and operates quick-service, fast-casual, and casual dining restaurants in Canada, the United States, and internationally. MTY Food Group Inc. was founded in 1979 and is headquartered in Saint-Laurent, Canada. MTY FOOD operates under Restaurants classification in Canada and is traded on Toronto Stock Exchange. It employs 1978 people. MTY Food Group (MTY) is traded on Toronto Exchange in Canada and employs 7,326 people. MTY Food is listed under Hotels, Restaurants & Leisure category by Fama And French industry classification.

Management Performance

MTY Food Group Leadership Team

Elected by the shareholders, the MTY Food's board of directors comprises two types of representatives: MTY Food inside directors who are chosen from within the company, and outside directors, selected externally and held independent of MTY. The board's role is to monitor MTY Food's management team and ensure that shareholders' interests are well served. MTY Food's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, MTY Food's outside directors are responsible for providing unbiased perspectives on the board's policies.
Murat Armutlu, Independent Director
Stanley Ma, Chairman of the Board, President
David Wong, Independent Director
Vincent Montanelli, Chief Pretzels
Renee CPA, Chief Officer
Victoria Tullett, Sr Murphy
Adam Lehr, CoChief Holdings
Eric Lefebvre, Chief Executive Officer, Director
Gary OConnor, Independent Director
Jason Brading, Chief Operating Officer - Quick Service Restaurants
MarieLine Beauchamp, Chief Operating Officer - Casual Dining
Albert Hank, CoChief Holdings
Dickie Orr, Independent Director
Jeff Smit, Chief Operating Office, US Operations
Nik Rupp, Chief Division
Renee StOnge, Chief Financial Officer
Claude StPierre, COO, Secretary, Director
Marc Benzacar, Chief Operating Officer - Fast Casual Division
Jenny Moody, Chief Officer
Rene StOnge, Chief Officer

MTY Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is MTY Food a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with MTY Food

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if MTY Food position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in MTY Food will appreciate offsetting losses from the drop in the long position's value.

Moving together with MTY Stock

  0.7CEF Sprott Physical GoldPairCorr
  0.62PVF-UN Partners Value InvesPairCorr

Moving against MTY Stock

  0.69SLF-PG Sun Life NonPairCorr
  0.47MFC-PC Manulife Finl SrsPairCorr
  0.44SLF-PD Sun Life FinancialPairCorr
  0.36SLF-PC Sun Life FinancialPairCorr
The ability to find closely correlated positions to MTY Food could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MTY Food when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back MTY Food - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling MTY Food Group to buy it.
The correlation of MTY Food is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as MTY Food moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MTY Food Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for MTY Food can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in MTY Stock

MTY Food financial ratios help investors to determine whether MTY Stock 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 MTY with respect to the benefits of owning MTY Food security.