Mullen Automotive Stock Five Year Return
| MULN Stock | USD 3.20 0.50 18.52% |
Mullen Automotive fundamentals help investors to digest information that contributes to Mullen Automotive'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 Automotive'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 Automotive stock.
Mullen | Five Year Return |
Mullen Automotive Company Five Year Return Analysis
Mullen Automotive's Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
More About Five Year Return | All Equity Analysis
Five Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Mullen Five Year Return Driver Correlations
Understanding the fundamental principles of building solid financial models for Mullen Automotive is extremely important. It helps to project a fair market value of Mullen Stock properly, considering its historical fundamentals such as Five Year Return. Since Mullen Automotive's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Mullen Automotive's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Mullen Automotive's interrelated accounts and indicators.
Click cells to compare fundamentals
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
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Mullen Return On Tangible Assets
Return On Tangible Assets |
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According to the company disclosure, Mullen Automotive has a Five Year Return of 0.0%. This indicator is about the same for the Automobiles average (which is currently at 0.0) sector and about the same as Consumer Discretionary (which currently averages 0.0) industry. This indicator is about the same for all United States stocks average (which is currently at 0.0).
Mullen Five Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Mullen Automotive's direct or indirect competition against its Five Year Return to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Mullen Automotive could also be used in its relative valuation, which is a method of valuing Mullen Automotive by comparing valuation metrics of similar companies.Mullen Automotive is currently under evaluation in five year return category among its peers.
Mullen Automotive Current Valuation Drivers
We derive many important indicators used in calculating different scores of Mullen Automotive from analyzing Mullen Automotive's financial statements. These drivers represent accounts that assess Mullen Automotive's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Mullen Automotive's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 2.2B | 4.0B | 4.3B | 9.1B | 27.8M | 2.1B | |
| Enterprise Value | 2.2B | 4.0B | 4.3B | 9.1B | (114.3M) | 2.1B |
Mullen Automotive ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Mullen Automotive's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Mullen Automotive's managers, analysts, and investors.Environmental | Governance | Social |
Mullen Fundamentals
| Return On Equity | -2.6 | |||
| Return On Asset | -0.48 | |||
| Operating Margin | (946.44) % | |||
| Current Valuation | 37.58 M | |||
| Shares Outstanding | 8.83 M | |||
| Shares Owned By Insiders | 2.23 % | |||
| Shares Owned By Institutions | 2.55 % | |||
| Number Of Shares Shorted | 1.09 M | |||
| Price To Book | 0.68 X | |||
| Price To Sales | 152.20 X | |||
| Revenue | 366 K | |||
| Gross Profit | (392.68 K) | |||
| EBITDA | (490.03 M) | |||
| Net Income | (1.01 B) | |||
| Cash And Equivalents | 60.93 M | |||
| Cash Per Share | 0.12 X | |||
| Total Debt | 13.16 M | |||
| Debt To Equity | 0.57 % | |||
| Current Ratio | 1.08 X | |||
| Book Value Per Share | 217.55 X | |||
| Cash Flow From Operations | (179.17 M) | |||
| Short Ratio | 0.43 X | |||
| Earnings Per Share | 251,592 X | |||
| Target Price | 23.0 | |||
| Number Of Employees | 326 | |||
| Beta | 0.49 | |||
| Market Capitalization | 23.83 M | |||
| Total Asset | 421.71 M | |||
| Retained Earnings | (1.86 B) | |||
| Working Capital | 58.52 M | |||
| Net Asset | 421.71 M |
About Mullen Automotive Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Mullen Automotive's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mullen Automotive using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mullen Automotive 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 Automotive
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 Automotive 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 Automotive will appreciate offsetting losses from the drop in the long position's value.Moving together with Mullen Stock
Moving against Mullen Stock
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The ability to find closely correlated positions to Mullen Automotive 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 Automotive 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 Automotive - 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 Automotive to buy it.
The correlation of Mullen Automotive 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 Automotive moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mullen Automotive 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 Automotive 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 Mullen Automotive Piotroski F Score and Mullen Automotive Altman Z Score analysis. To learn how to invest in Mullen Stock, please use our How to Invest in Mullen Automotive guide.You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Automobile Manufacturers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mullen Automotive. If investors know Mullen will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mullen Automotive listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 251.6 K | Revenue Per Share 2.51 | Quarterly Revenue Growth (0.79) | Return On Assets (0.48) | Return On Equity (2.60) |
The market value of Mullen Automotive is measured differently than its book value, which is the value of Mullen that is recorded on the company's balance sheet. Investors also form their own opinion of Mullen Automotive's value that differs from its market value or its book value, called intrinsic value, which is Mullen Automotive'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 Mullen Automotive's market value can be influenced by many factors that don't directly affect Mullen Automotive'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 Mullen Automotive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mullen Automotive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mullen Automotive'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.