More Etf Fundamentals
MORE Etf | 23.37 0.00 0.00% |
MORE fundamentals help investors to digest information that contributes to MORE's financial success or failures. It also enables traders to predict the movement of MORE Etf. The fundamental analysis module provides a way to measure MORE'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 MORE etf.
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MORE ETF Price To Earning Analysis
MORE's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current MORE Price To Earning | 18.22 X |
Most of MORE's fundamental indicators, such as Price To Earning, 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, MORE is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
CompetitionBased on the latest financial disclosure, MORE has a Price To Earning of 18.22 times. This is much higher than that of the Diversified REITs family and significantly higher than that of the Real Estate category. The price to earning for all United States etfs is notably lower than that of the firm.
MORE Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses MORE's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of MORE could also be used in its relative valuation, which is a method of valuing MORE by comparing valuation metrics of similar companies.MORE is currently under evaluation in price to earning as compared to similar ETFs.
MORE Fundamentals
Price To Earning | 18.22 X | |||
Revenue | 339.24 M | |||
EBITDA | 144.44 M | |||
Net Income | 9.47 M | |||
Cash And Equivalents | 56.27 M | |||
Cash Per Share | 0.34 X | |||
Total Debt | 1.52 B | |||
Debt To Equity | 93.20 % | |||
Current Ratio | 0.67 X | |||
Book Value Per Share | 8.66 X | |||
Cash Flow From Operations | 106.4 M | |||
Price To Earnings To Growth | 5.21 X | |||
Target Price | 12.03 | |||
Number Of Employees | 40 | |||
Market Capitalization | 2 B | |||
Total Asset | 3.2 B | |||
Retained Earnings | (310.12 M) | |||
Working Capital | 48.16 M | |||
Current Asset | 173.56 M | |||
Current Liabilities | 125.4 M | |||
Z Score | 0.93 | |||
Annual Yield | 0.01 % | |||
Net Asset | 3.2 B |
About MORE Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze MORE's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MORE using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MORE 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.Monogram Residential Trust, Inc. is an equity real estate investment trust.
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.When determining whether MORE is a strong investment it is important to analyze MORE's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MORE's future performance. For an informed investment choice regarding MORE Etf, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
The market value of MORE is measured differently than its book value, which is the value of MORE that is recorded on the company's balance sheet. Investors also form their own opinion of MORE's value that differs from its market value or its book value, called intrinsic value, which is MORE's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MORE's market value can be influenced by many factors that don't directly affect MORE's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MORE's value and its price as these two are different measures arrived at by different means. Investors typically determine if MORE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MORE's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.