MGM China EBITDA vs. Current Valuation
| MCHVY Stock | USD 15.46 0.73 4.96% |
For MGM China profitability analysis, we use financial ratios and fundamental drivers that measure the ability of MGM China to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well MGM China Holdings utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between MGM China's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of MGM China Holdings over time as well as its relative position and ranking within its peers.
MGM |
MGM China Holdings Current Valuation vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining MGM China's current stock value. Our valuation model uses many indicators to compare MGM China value to that of its competitors to determine the firm's financial worth. MGM China Holdings is considered to be number one stock in ebitda category among its peers. It also is rated top company in current valuation category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value MGM China by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for MGM China's Pink Sheet. 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.MGM Current Valuation vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
MGM China |
| = | (400.2 M) |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
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.
MGM China |
| = | 7.1 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.
MGM Current Valuation vs Competition
MGM China Holdings is rated top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Resorts & Casinos industry is now estimated at about 177.12 Billion. MGM China holds roughly 7.1 Billion in current valuation claiming about 4% of equities listed under Resorts & Casinos industry.
MGM China Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in MGM China, profitability is also one of the essential criteria for including it into their portfolios because, without profit, MGM China will eventually generate negative long term returns. The profitability progress is the general direction of MGM China's change in net profit over the period of time. It can combine multiple indicators of MGM China, 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.
MGM China Holdings Limited, an investment holding company, engages in the development, ownership, and operation of gaming and lodging resorts in the Greater China region. MGM China Holdings Limited is a subsidiary of MGM Resorts International Holdings, Ltd. MGM China is traded on OTC Exchange in the United States.
MGM Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on MGM China. 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 MGM China 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 MGM China's important profitability drivers and their relationship over time.
Use MGM China 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 MGM China 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 MGM China will appreciate offsetting losses from the drop in the long position's value.MGM China Pair Trading
MGM China Holdings Pair Trading Analysis
The ability to find closely correlated positions to MGM China could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MGM China 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 MGM China - 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 MGM China Holdings to buy it.
The correlation of MGM China 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 MGM China moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MGM China Holdings 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 MGM China 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 MGM China position
In addition to having MGM China 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?
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Companies involved in production of semiconductor and semiconductor materials. The Semiconductor theme has 47 constituents at this time.
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Additional Tools for MGM Pink Sheet Analysis
When running MGM China's price analysis, check to measure MGM China'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 MGM China is operating at the current time. Most of MGM China's value examination focuses on studying past and present price action to predict the probability of MGM China's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MGM China's price. Additionally, you may evaluate how the addition of MGM China to your portfolios can decrease your overall portfolio volatility.