Mmx Minerao E Etf Fundamentals

MMXM11 Etf  BRL 2.10  0.00  0.00%   
MMX Minerao e fundamentals help investors to digest information that contributes to MMX Minerao's financial success or failures. It also enables traders to predict the movement of MMX Etf. The fundamental analysis module provides a way to measure MMX Minerao'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 MMX Minerao etf.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

MMX Minerao e ETF Price To Book Analysis

MMX Minerao'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.

P/B

 = 

MV Per Share

BV Per Share

More About Price To Book | All Equity Analysis

Current MMX Minerao Price To Book

    
  0.36 X  
Most of MMX Minerao'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, MMX Minerao e 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, MMX Minerao e has a Price To Book of 0.36 times. This is 97.04% lower than that of the Basic Materials family and 90.22% lower than that of the Family category. The price to book for all Brazil etfs is 96.21% higher than that of the company.

MMX Minerao e Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining MMX Minerao's current stock value. Our valuation model uses many indicators to compare MMX Minerao value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across MMX Minerao competition to find correlations between indicators driving MMX Minerao's intrinsic value. More Info.
MMX Minerao e is regarded second largest ETF in price to earning as compared to similar ETFs. It also is regarded second largest ETF in price to book as compared to similar ETFs fabricating about  36.00  of Price To Book per Price To Earning. Comparative valuation analysis is a catch-all model that can be used if you cannot value MMX Minerao by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for MMX Minerao's Etf. 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.

Did you try this?

Run Price Ceiling Movement Now

   

Price Ceiling Movement

Calculate and plot Price Ceiling Movement for different equity instruments
All  Next Launch Module

MMX Fundamentals

About MMX Minerao Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze MMX Minerao e's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MMX Minerao using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MMX Minerao e based on its fundamental data. In general, a quantitative approach, as applied to this etf, 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.
MMX Minerao e Metlicos S.A., together with its subsidiaries, engages in the extraction, processing, research, and development of minerals in Brazil. MMX Minerao e Metlicos S.A. was founded in 2005 and is headquartered in Rio de Janeiro, Brazil. MMX MINER operates under Industrial Metals Minerals classification in Brazil and is traded on Sao Paolo Stock Exchange.

Also Currently Popular

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 MMX Etf

MMX Minerao financial ratios help investors to determine whether MMX Etf 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 MMX with respect to the benefits of owning MMX Minerao security.