Manulife Fin Non Preferred Stock Fundamentals
| MFC-PJ Preferred Stock | CAD 23.84 0.06 0.25% |
Manulife Fin Non fundamentals help investors to digest information that contributes to Manulife Fin's financial success or failures. It also enables traders to predict the movement of Manulife Preferred Stock. The fundamental analysis module provides a way to measure Manulife Fin's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Manulife Fin preferred stock.
Manulife |
Manulife Fin Non Company Price To Sales Analysis
Manulife Fin's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Current Manulife Fin Price To Sales | 2.30 X |
Most of Manulife Fin's fundamental indicators, such as Price To Sales, 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, Manulife Fin Non is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
| Competition |
Based on the latest financial disclosure, Manulife Fin Non has a Price To Sales of 2.3012 times. This is 6.54% higher than that of the Financial Services sector and 95.02% higher than that of the Insurance - Life industry. The price to sales for all Canada preferred stocks is 79.85% higher than that of the company.
Manulife Fin Non Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Manulife Fin's current stock value. Our valuation model uses many indicators to compare Manulife Fin value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Manulife Fin competition to find correlations between indicators driving Manulife Fin's intrinsic value. More Info.Manulife Fin Non is rated below average in price to earning category among its peers. It is considered to be number one stock in price to sales category among its peers fabricating about 0.36 of Price To Sales per Price To Earning. The ratio of Price To Earning to Price To Sales for Manulife Fin Non is roughly 2.76 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Manulife Fin by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Manulife Fin's Preferred Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Manulife Price To Sales Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Manulife Fin's direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the preferred stocks which would be a good addition to a portfolio. Peer analysis of Manulife Fin could also be used in its relative valuation, which is a method of valuing Manulife Fin by comparing valuation metrics of similar companies.Manulife Fin is currently under evaluation in price to sales category among its peers.
Manulife Fundamentals
| Return On Equity | 0.13 | ||||
| Return On Asset | 0.0074 | ||||
| Profit Margin | 0.34 % | ||||
| Operating Margin | 0.48 % | ||||
| Current Valuation | 41.54 B | ||||
| Shares Outstanding | 1.98 B | ||||
| Shares Owned By Institutions | 23.86 % | ||||
| Number Of Shares Shorted | 190.65 K | ||||
| Price To Earning | 6.34 X | ||||
| Price To Sales | 2.30 X | ||||
| Revenue | 59.84 B | ||||
| Gross Profit | 18.14 B | ||||
| EBITDA | 10.65 B | ||||
| Net Income | 6.66 B | ||||
| Cash And Equivalents | 33.11 B | ||||
| Cash Per Share | 16.92 X | ||||
| Total Debt | 11.86 B | ||||
| Debt To Equity | 42.00 % | ||||
| Book Value Per Share | 27.62 X | ||||
| Cash Flow From Operations | 23.16 B | ||||
| Short Ratio | 39.26 X | ||||
| Earnings Per Share | 4.66 X | ||||
| Number Of Employees | 38 K | ||||
| Beta | 1.13 | ||||
| Market Capitalization | 54.84 B | ||||
| Total Asset | 917.64 B | ||||
| Z Score | 2.4 | ||||
| Annual Yield | 0.05 % | ||||
| Five Year Return | 4.59 % | ||||
| Net Asset | 917.64 B | ||||
| Last Dividend Paid | 1.27 |
About Manulife Fin Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Manulife Fin Non's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Manulife Fin using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Manulife Fin Non based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Manulife Financial Corporation, together with its subsidiaries, provides financial advice, insurance, and wealth and asset management solutions for individuals, groups, and institutions in Asia, Canada, and the United States. Manulife Financial Corporation was founded in 1887 and is headquartered in Toronto, Canada. MANULIFE FINANCIAL operates under Insurance - Life classification in Canada and is traded on Toronto Stock Exchange. It employs 34000 people.
Pair Trading with Manulife Fin
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 Manulife Fin 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 Manulife Fin will appreciate offsetting losses from the drop in the long position's value.Moving together with Manulife Preferred Stock
Moving against Manulife Preferred Stock
| 0.86 | BN | Brookfield | PairCorr |
| 0.82 | WMT | Walmart Inc CDR | PairCorr |
| 0.76 | AMZN | Amazon CDR | PairCorr |
| 0.7 | JPM | JPMorgan Chase | PairCorr |
| 0.69 | HD | HOME DEPOT CDR | PairCorr |
The ability to find closely correlated positions to Manulife Fin could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Manulife Fin 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 Manulife Fin - 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 Manulife Fin Non to buy it.
The correlation of Manulife Fin 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 Manulife Fin moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Manulife Fin Non 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 Manulife Fin 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.Other Information on Investing in Manulife Preferred Stock
Manulife Fin financial ratios help investors to determine whether Manulife Preferred 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 Manulife with respect to the benefits of owning Manulife Fin security.