Mission Book Value Per Share vs Roe Analysis
AVO Stock | USD 13.11 0.12 0.92% |
Mission Produce financial indicator trend analysis is infinitely more than just investigating Mission Produce recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mission Produce is a good investment. Please check the relationship between Mission Produce Book Value Per Share and its Roe accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Mission Produce. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. To learn how to invest in Mission Stock, please use our How to Invest in Mission Produce guide.
Book Value Per Share vs Roe
Book Value Per Share vs Roe Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mission Produce Book Value Per Share account and Roe. At this time, the significance of the direction appears to have pay attention.
The correlation between Mission Produce's Book Value Per Share and Roe is -0.86. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Roe in the same time period over historical financial statements of Mission Produce, assuming nothing else is changed. The correlation between historical values of Mission Produce's Book Value Per Share and Roe is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of Mission Produce are associated (or correlated) with its Roe. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roe has no effect on the direction of Book Value Per Share i.e., Mission Produce's Book Value Per Share and Roe go up and down completely randomly.
Correlation Coefficient | -0.86 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Roe
Most indicators from Mission Produce's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mission Produce current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Mission Produce. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. To learn how to invest in Mission Stock, please use our How to Invest in Mission Produce guide.As of the 22nd of November 2024, Enterprise Value is likely to grow to about 1.3 B, while Tax Provision is likely to drop about 1.9 M.
2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 32.8M | 37.7M | 25.0M | Interest Income | 1.5M | 1.7M | 1.8M |
Mission Produce fundamental ratios Correlations
Click cells to compare fundamentals
Mission Produce Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Mission Produce fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 777.3M | 873.5M | 879.5M | 914.8M | 1.1B | 872.0M | |
Short Long Term Debt Total | 178.6M | 213.3M | 214.1M | 252.7M | 290.6M | 228.8M | |
Other Current Liab | 44.9M | 48.9M | 54.4M | 51.2M | 58.9M | 45.0M | |
Total Current Liabilities | 77.9M | 89.2M | 101.7M | 97.5M | 112.1M | 94.3M | |
Total Stockholder Equity | 473.5M | 534.2M | 502.1M | 503.6M | 579.1M | 496.1M | |
Other Liab | 48.6M | 51.6M | 50.3M | 52.7M | 60.6M | 54.6M | |
Net Tangible Assets | 302.6M | 397.1M | 457.8M | 460.7M | 529.8M | 408.2M | |
Property Plant And Equipment Net | 379.1M | 468.1M | 555.1M | 595.6M | 684.9M | 484.5M | |
Net Debt | 54.6M | 128.8M | 161.3M | 209.8M | 241.3M | 156.5M | |
Retained Earnings | 251.2M | 309M | 274.4M | 271M | 311.7M | 278.5M | |
Accounts Payable | 20.5M | 22.8M | 34.4M | 27.2M | 24.5M | 25.5M | |
Cash | 124M | 84.5M | 52.8M | 42.9M | 49.3M | 72.3M | |
Non Current Assets Total | 529.2M | 626.4M | 651.4M | 694.7M | 798.9M | 632.5M | |
Non Currrent Assets Other | 11.0M | 22.6M | 21.6M | 19.7M | 22.7M | 19.6M | |
Other Assets | 14M | 27M | 100K | 27.8M | 32.0M | 18.5M | |
Long Term Debt | 166.7M | 155.1M | 136.9M | 151.1M | 136.0M | 130.2M | |
Cash And Short Term Investments | 124M | 84.5M | 52.8M | 42.9M | 49.3M | 72.3M | |
Liabilities And Stockholders Equity | 777.3M | 873.5M | 879.5M | 914.8M | 1.1B | 872.0M | |
Non Current Liabilities Total | 225.9M | 250.1M | 254.9M | 289M | 332.4M | 273.3M | |
Capital Lease Obligations | 4.5M | 49.4M | 71.2M | 94.9M | 109.1M | 114.6M | |
Inventory | 38.6M | 48.2M | 73.1M | 70.8M | 81.4M | 56.5M | |
Other Current Assets | 28M | 40.6M | 39.3M | 32.3M | 37.1M | 28.6M | |
Other Stockholder Equity | 222.7M | 225.6M | 229.3M | 233.4M | 268.4M | 218.1M | |
Total Liab | 303.8M | 339.3M | 356.6M | 386.5M | 444.5M | 367.6M | |
Net Invested Capital | 647.6M | 698.1M | 645M | 661.4M | 760.6M | 683.0M | |
Long Term Investments | 46.7M | 54.5M | 27.1M | 31M | 27.9M | 37.4M | |
Property Plant And Equipment Gross | 379.1M | 468.1M | 555.1M | 595.6M | 684.9M | 484.5M | |
Short Long Term Debt | 7.4M | 8.8M | 6M | 6.7M | 6.0M | 5.8M | |
Total Current Assets | 248.1M | 247.1M | 228.1M | 220.1M | 253.1M | 239.5M | |
Non Current Liabilities Other | 24.3M | 2.2M | 88.6M | 26.4M | 30.4M | 32.6M | |
Net Working Capital | 170.2M | 157.9M | 126.4M | 122.6M | 141.0M | 145.2M | |
Short Term Debt | 10.8M | 15.6M | 11.9M | 15.9M | 18.3M | 12.8M | |
Property Plant Equipment | 330.3M | 379.1M | 468.1M | 489.7M | 563.2M | 436.0M |
Pair Trading with Mission Produce
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 Mission Produce 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 Mission Produce will appreciate offsetting losses from the drop in the long position's value.Moving together with Mission Stock
0.77 | KR | Kroger Company Earnings Call This Week | PairCorr |
Moving against Mission Stock
0.62 | ASAI | Sendas Distribuidora | PairCorr |
0.57 | DG | Dollar General | PairCorr |
0.54 | CL | Colgate Palmolive Fiscal Year End 24th of January 2025 | PairCorr |
0.44 | EL | Estee Lauder Companies | PairCorr |
0.42 | UL | Unilever PLC ADR | PairCorr |
The ability to find closely correlated positions to Mission Produce could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mission Produce 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 Mission Produce - 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 Mission Produce to buy it.
The correlation of Mission Produce 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 Mission Produce moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mission Produce 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 Mission Produce 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Mission Produce. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. To learn how to invest in Mission Stock, please use our How to Invest in Mission Produce guide.You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Consumer Staples Distribution & Retail 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 Mission Produce. If investors know Mission 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 Mission Produce listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.889 | Earnings Share 0.33 | Revenue Per Share 16.07 | Quarterly Revenue Growth 0.239 | Return On Assets 0.0291 |
The market value of Mission Produce is measured differently than its book value, which is the value of Mission that is recorded on the company's balance sheet. Investors also form their own opinion of Mission Produce's value that differs from its market value or its book value, called intrinsic value, which is Mission Produce'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 Mission Produce's market value can be influenced by many factors that don't directly affect Mission Produce'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 Mission Produce's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mission Produce is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mission Produce'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.