MINT Income Price To Book vs. EBITDA
| MID-UN Stock | CAD 7.51 0.01 0.13% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 1.0 | 0.682 |
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| Operating Profit Margin | 0.7 | 0.6676 |
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For MINT Income profitability analysis, we use financial ratios and fundamental drivers that measure the ability of MINT Income to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well MINT Income Fund utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between MINT Income's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of MINT Income Fund over time as well as its relative position and ranking within its peers.
MINT |
MINT Income Fund EBITDA vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining MINT Income's current stock value. Our valuation model uses many indicators to compare MINT Income value to that of its competitors to determine the firm's financial worth. MINT Income Fund is regarded third in price to book category among its peers. It is regarded second in ebitda category among its peers totaling about 2,644,151 of EBITDA per Price To Book. At present, MINT Income's EBITDA 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 MINT Income by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for MINT Income'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.MINT EBITDA vs. Price To Book
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
MINT Income |
| = | 1.06 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
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.
MINT Income |
| = | 2.79 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.
MINT EBITDA Comparison
MINT Income is currently under evaluation in ebitda category among its peers.
MINT Income Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in MINT Income, profitability is also one of the essential criteria for including it into their portfolios because, without profit, MINT Income will eventually generate negative long term returns. The profitability progress is the general direction of MINT Income's change in net profit over the period of time. It can combine multiple indicators of MINT Income, 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 | 2.8 M | 4.8 M | |
| Income Before Tax | 1.7 M | 1.6 M | |
| Total Other Income Expense Net | -1.1 M | -1.1 M | |
| Net Income | 1.7 M | 1.6 M | |
| Income Tax Expense | 12.3 K | 11.7 K | |
| Net Interest Income | -859.6 K | -816.6 K | |
| Interest Income | 217.5 K | 135.3 K | |
| Net Income From Continuing Ops | 1.7 M | 1.6 M | |
| Net Income Applicable To Common Shares | 28.9 M | 30.3 M | |
| Change To Netincome | -18.7 M | -17.8 M | |
| Net Income Per Share | 0.14 | 0.13 | |
| Income Quality | (3.80) | (3.61) | |
| Net Income Per E B T | 0.99 | 1.10 |
MINT Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on MINT Income. 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 MINT Income 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 MINT Income's important profitability drivers and their relationship over time.
Use MINT Income 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 MINT Income 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 MINT Income will appreciate offsetting losses from the drop in the long position's value.MINT Income Pair Trading
MINT Income Fund Pair Trading Analysis
The ability to find closely correlated positions to MINT Income could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MINT Income 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 MINT Income - 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 MINT Income Fund to buy it.
The correlation of MINT Income 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 MINT Income moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MINT Income Fund 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 MINT Income 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 MINT Income position
In addition to having MINT Income 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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IT
Information Technology (IT) companies and IT service providers across different domains. The IT theme has 38 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 IT Theme or any other thematic opportunities.
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Other Information on Investing in MINT Stock
To fully project MINT Income's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of MINT Income Fund 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 MINT Income's income statement, its balance sheet, and the statement of cash flows.