MIC Electronics Shares Owned By Insiders vs. Gross Profit
| MICEL Stock | 83.98 0.07 0.08% |
For MIC Electronics profitability analysis, we use financial ratios and fundamental drivers that measure the ability of MIC Electronics to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well MIC Electronics Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between MIC Electronics's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of MIC Electronics Limited over time as well as its relative position and ranking within its peers.
MIC |
MIC Electronics Gross Profit vs. Shares Owned By Insiders Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining MIC Electronics's current stock value. Our valuation model uses many indicators to compare MIC Electronics value to that of its competitors to determine the firm's financial worth. MIC Electronics Limited is considered to be number one stock in shares owned by insiders category among its peers. It also is considered to be number one stock in gross profit category among its peers fabricating about 1,312,375 of Gross Profit per Shares Owned By Insiders. At this time, MIC Electronics' Gross Profit is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value MIC Electronics by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for MIC Electronics' 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.MIC Gross Profit vs. Shares Owned By Insiders
Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.
MIC Electronics |
| = | 74.75 % |
Although the research on effects of insider trading on prices and volatility is still relatively inconclusive, and investors are advised to pay close attention to the distribution of equities among company's stakeholders to avoid many problems associated with the disclosure of price-sensitive information.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
MIC Electronics |
| = | 98.1 M |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
MIC Gross Profit Comparison
MIC Electronics is currently under evaluation in gross profit category among its peers.
MIC Electronics Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in MIC Electronics, profitability is also one of the essential criteria for including it into their portfolios because, without profit, MIC Electronics will eventually generate negative long term returns. The profitability progress is the general direction of MIC Electronics' change in net profit over the period of time. It can combine multiple indicators of MIC Electronics, 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 | ||
| Accumulated Other Comprehensive Income | 2.3 B | 2.4 B | |
| Operating Income | 195.4 M | 205.2 M | |
| Income Before Tax | 177.3 M | 186.2 M | |
| Total Other Income Expense Net | -18.1 M | -19 M | |
| Net Income | 618.4 M | 649.3 M | |
| Income Tax Expense | -441.1 M | -419 M | |
| Net Income Applicable To Common Shares | 2.3 M | 2.4 M | |
| Net Interest Income | -16.4 M | -15.6 M | |
| Interest Income | 11.8 M | 10 M | |
| Net Income From Continuing Ops | 618.4 M | 649.3 M | |
| Change To Netincome | 6.7 M | 7.1 M |
MIC Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on MIC Electronics. 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 MIC Electronics 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 MIC Electronics' important profitability drivers and their relationship over time.
Use MIC Electronics 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 MIC Electronics 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 MIC Electronics will appreciate offsetting losses from the drop in the long position's value.MIC Electronics Pair Trading
MIC Electronics Limited Pair Trading Analysis
The ability to find closely correlated positions to MIC Electronics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MIC Electronics 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 MIC Electronics - 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 MIC Electronics Limited to buy it.
The correlation of MIC Electronics 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 MIC Electronics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MIC Electronics 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 MIC Electronics 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 MIC Electronics position
In addition to having MIC Electronics 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 World Allocation Funds Thematic Idea Now
World Allocation Funds
Funds or Etfs investing in stocks, bonds, and cash of domestic markets as well as in markets of Canada, Japan, and Europe. The World Allocation Funds theme has 43 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 World Allocation Funds Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in MIC Stock
To fully project MIC Electronics' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of MIC Electronics 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 MIC Electronics' income statement, its balance sheet, and the statement of cash flows.