Minmetals Capital Net Income vs. Current Valuation
| 600390 Stock | 6.94 0.04 0.57% |
Net Income | First Reported 2018-06-30 | Previous Quarter 458.9 M | Current Value 319.8 M | Quarterly Volatility 326.4 M |
For Minmetals Capital profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Minmetals Capital to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Minmetals Capital Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Minmetals Capital's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Minmetals Capital Co over time as well as its relative position and ranking within its peers.
Minmetals |
Minmetals Capital Current Valuation vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Minmetals Capital's current stock value. Our valuation model uses many indicators to compare Minmetals Capital value to that of its competitors to determine the firm's financial worth. Minmetals Capital Co is number one stock in net income category among its peers. It also is the top company in current valuation category among its peers reporting about 19.42 of Current Valuation per Net Income. At present, Minmetals Capital's Net Income is projected to increase significantly based on the last few years of reporting. Comparative valuation analysis is a catch-all model that can be used if you cannot value Minmetals Capital by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Minmetals Capital's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Minmetals Current Valuation vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Minmetals Capital |
| = | 2.26 B |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Minmetals Capital |
| = | 43.82 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Minmetals Current Valuation vs Competition
Minmetals Capital Co is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Financials industry is presently estimated at about 4 Trillion. Minmetals Capital claims roughly 43.82 Billion in current valuation contributing just under 2% to equities under Financials industry.
Minmetals Capital Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Minmetals Capital, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Minmetals Capital will eventually generate negative long term returns. The profitability progress is the general direction of Minmetals Capital's change in net profit over the period of time. It can combine multiple indicators of Minmetals Capital, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Operating Income | 3.7 B | 3.9 B | |
| Income Before Tax | 3.6 B | 2.1 B | |
| Net Income Applicable To Common Shares | 3.9 B | 4.1 B | |
| Net Income | 2.3 B | 1.3 B | |
| Income Tax Expense | 1.5 B | 1.6 B | |
| Net Income From Continuing Ops | 2.8 B | 3.3 B | |
| Total Other Income Expense Net | 1.7 B | 1.6 B | |
| Net Interest Income | -338 M | -321.1 M | |
| Interest Income | 7.6 M | 7.2 M | |
| Change To Netincome | 2.1 B | 2.2 B |
Minmetals Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Minmetals Capital. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Minmetals Capital position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Minmetals Capital's important profitability drivers and their relationship over time.
Use Minmetals Capital in pair-trading
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 Minmetals Capital 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 Minmetals Capital will appreciate offsetting losses from the drop in the long position's value.Minmetals Capital Pair Trading
Minmetals Capital Co Pair Trading Analysis
The ability to find closely correlated positions to Minmetals Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Minmetals Capital 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 Minmetals Capital - 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 Minmetals Capital Co to buy it.
The correlation of Minmetals Capital 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 Minmetals Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Minmetals Capital 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 Minmetals Capital 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.Use Investing Themes to Complement your Minmetals Capital position
In addition to having Minmetals Capital in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Momentum Thematic Idea Now
Momentum
Large corporations operating in software, education, financial and car manufacturing industries. The Momentum theme has 40 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Momentum Theme or any other thematic opportunities.
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Other Information on Investing in Minmetals Stock
To fully project Minmetals Capital's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Minmetals Capital at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Minmetals Capital's income statement, its balance sheet, and the statement of cash flows.