Midway Stock Fundamentals

MWY Stock   1.25  0.00  0.00%   
Midway fundamentals help investors to digest information that contributes to Midway's financial success or failures. It also enables traders to predict the movement of Midway Stock. The fundamental analysis module provides a way to measure Midway'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 Midway stock.
At this time, Midway's Interest Expense is comparatively stable compared to the past year. Operating Income is likely to gain to about 23.1 M in 2024, whereas Cost Of Revenue is likely to drop slightly above 168 M in 2024.
  
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Midway Company Return On Asset Analysis

Midway's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Return On Asset

 = 

Net Income

Total Assets

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Current Midway Return On Asset

    
  0.0094  
Most of Midway's fundamental indicators, such as Return On Asset, 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, Midway is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Competition

Midway Total Assets

Total Assets

247.22 Million

At this time, Midway's Total Assets are comparatively stable compared to the past year.
Based on the latest financial disclosure, Midway has a Return On Asset of 0.0094. This is 98.73% lower than that of the Paper & Forest Products sector and 99.56% lower than that of the Materials industry. The return on asset for all Australia stocks is 106.71% lower than that of the firm.

Midway Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Midway's current stock value. Our valuation model uses many indicators to compare Midway value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Midway competition to find correlations between indicators driving Midway's intrinsic value. More Info.
Midway is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about  1.31  of Return On Asset per Return On Equity. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Midway's earnings, one of the primary drivers of an investment's value.

Midway Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Midway's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Midway could also be used in its relative valuation, which is a method of valuing Midway by comparing valuation metrics of similar companies.
Midway is currently under evaluation in return on asset category among its peers.

Midway Fundamentals

About Midway Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Midway's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Midway using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Midway 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.
Last ReportedProjected for Next Year
Current Deferred Revenue1.4 M1.3 M
Total Revenue276 M212.2 M
Cost Of Revenue205.7 M168 M

Thematic Opportunities

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Additional Tools for Midway Stock Analysis

When running Midway's price analysis, check to measure Midway'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 Midway is operating at the current time. Most of Midway's value examination focuses on studying past and present price action to predict the probability of Midway's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Midway's price. Additionally, you may evaluate how the addition of Midway to your portfolios can decrease your overall portfolio volatility.