Mullen Group Stock Performance
| MTL Stock | CAD 15.47 0.13 0.85% |
Mullen has a performance score of 6 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.29, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Mullen's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mullen is expected to be smaller as well. Mullen Group right now secures a risk of 1.57%. Please verify Mullen Group sortino ratio, skewness, period momentum indicator, as well as the relationship between the potential upside and rate of daily change , to decide if Mullen Group will be following its current price movements.
Risk-Adjusted Performance
6 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Mullen Group are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating essential indicators, Mullen may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
Forward Dividend Yield 0.0548 | Payout Ratio 0.2 | Last Split Factor 3:1 | Forward Dividend Rate 0.84 | Dividend Date 2024-11-15 |
1 | Mullen Group Ltd. Announces Q3 2024 Earnings Call - TipRanks | 10/03/2024 |
2 | Mullen Groups Robust Case for Value, Part 1 Less-than-Truckload 2024-11-14 Investing News - Stockhouse Publishing | 11/14/2024 |
| Begin Period Cash Flow | 8.8 M |
Mullen |
Mullen Relative Risk vs. Return Landscape
If you would invest 1,442 in Mullen Group on August 24, 2024 and sell it today you would earn a total of 105.00 from holding Mullen Group or generate 7.28% return on investment over 90 days. Mullen Group is generating 0.1252% of daily returns assuming 1.5717% volatility of returns over the 90 days investment horizon. Simply put, 13% of all stocks have less volatile historical return distribution than Mullen, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Mullen Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mullen's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Mullen Group, and traders can use it to determine the average amount a Mullen's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0796
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | MTL | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.57 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Mullen is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Mullen by adding it to a well-diversified portfolio.
Mullen Fundamentals Growth
Mullen Stock prices reflect investors' perceptions of the future prospects and financial health of Mullen, and Mullen fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Mullen Stock performance.
| 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 | ||||
| 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 | ||||
| Earnings Per Share | 1.34 X | ||||
| 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 | ||||
About Mullen Performance
By examining Mullen's fundamental ratios, stakeholders can obtain critical insights into Mullen's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Mullen is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 11.45 | 8.73 | |
| Return On Tangible Assets | 0.09 | 0.09 | |
| Return On Capital Employed | 0.22 | 0.18 | |
| Return On Assets | 0.07 | 0.07 | |
| Return On Equity | 0.14 | 0.12 |
Things to note about Mullen Group performance evaluation
Checking the ongoing alerts about Mullen for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Mullen Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Latest headline from news.google.com: Mullen Groups Robust Case for Value, Part 1 Less-than-Truckload 2024-11-14 Investing News - Stockhouse Publishing |
- Analyzing Mullen's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Mullen's stock is overvalued or undervalued compared to its peers.
- Examining Mullen's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Mullen's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Mullen's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Mullen's stock. These opinions can provide insight into Mullen's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Mullen Stock
Mullen financial ratios help investors to determine whether Mullen Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Mullen with respect to the benefits of owning Mullen security.