Mullen Group Stock Price To Earning
Mullen Group fundamentals help investors to digest information that contributes to Mullen's financial success or failures. It also enables traders to predict the movement of Mullen Stock. The fundamental analysis module provides a way to measure Mullen'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 Mullen stock.
Mullen |
Mullen Group Company Price To Earning Analysis
Mullen'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 Mullen Price To Earning | 15.07 X |
Most of Mullen'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, Mullen Group 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, Mullen Group has a Price To Earning of 15.07 times. This is 23.85% lower than that of the Ground Transportation sector and 33.96% higher than that of the Industrials industry. The price to earning for all Canada stocks is 47.53% higher than that of the company.
Mullen Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Mullen's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Mullen could also be used in its relative valuation, which is a method of valuing Mullen by comparing valuation metrics of similar companies.Mullen is currently under evaluation in price to earning category among its peers.
Mullen Fundamentals
| Return On Equity | 0.12 | |||
| Return On Asset | 0.0601 | |||
| Profit Margin | 0.06 % | |||
| Operating Margin | 0.12 % | |||
| Current Valuation | 2.22 B | |||
| Shares Outstanding | 87.64 M | |||
| Shares Owned By Insiders | 6.32 % | |||
| Shares Owned By Institutions | 24.56 % | |||
| Number Of Shares Shorted | 4.42 M | |||
| Price To Earning | 15.07 X | |||
| Price To Book | 1.33 X | |||
| Price To Sales | 0.68 X | |||
| Revenue | 1.99 B | |||
| Gross Profit | 571.51 M | |||
| EBITDA | 328.99 M | |||
| Net Income | 136.72 M | |||
| Cash And Equivalents | 8.76 M | |||
| Cash Per Share | 1.09 X | |||
| Total Debt | 764.08 M | |||
| Debt To Equity | 0.69 % | |||
| Current Ratio | 2.93 X | |||
| Book Value Per Share | 11.57 X | |||
| Cash Flow From Operations | 243.32 M | |||
| Short Ratio | 18.35 X | |||
| Earnings Per Share | 1.34 X | |||
| Price To Earnings To Growth | 1.64 X | |||
| Target Price | 18.98 | |||
| Number Of Employees | 7.4 K | |||
| Beta | 1.81 | |||
| Market Capitalization | 1.34 B | |||
| Total Asset | 2.04 B | |||
| Retained Earnings | 142.07 M | |||
| Working Capital | (119.14 M) | |||
| Current Asset | 353.12 M | |||
| Current Liabilities | 166.06 M | |||
| Annual Yield | 0.05 % | |||
| Five Year Return | 5.13 % | |||
| Net Asset | 2.04 B | |||
| Last Dividend Paid | 0.74 |
About Mullen Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Mullen Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mullen using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mullen Group 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.
Pair Trading with Mullen
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 Mullen 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 Mullen will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Mullen could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mullen 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 Mullen - 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 Mullen Group to buy it.
The correlation of Mullen 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 Mullen moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mullen 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 Mullen 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.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 various price indices. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Other Tools for Mullen Stock
When running Mullen's price analysis, check to measure Mullen's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mullen is operating at the current time. Most of Mullen's value examination focuses on studying past and present price action to predict the probability of Mullen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mullen's price. Additionally, you may evaluate how the addition of Mullen to your portfolios can decrease your overall portfolio volatility.
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