Mayr Melnhof Book Value Per Share vs. Return On Asset
| MMK Stock | EUR 71.30 1.20 1.71% |
For Mayr Melnhof profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Mayr Melnhof to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Mayr Melnhof Karton AG utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Mayr Melnhof's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Mayr Melnhof Karton AG over time as well as its relative position and ranking within its peers.
Mayr |
Mayr Melnhof Karton Return On Asset vs. Book Value Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Mayr Melnhof's current stock value. Our valuation model uses many indicators to compare Mayr Melnhof value to that of its competitors to determine the firm's financial worth. Mayr Melnhof Karton AG is considered to be number one stock in book value per share category among its peers. It also is considered to be number one stock in return on asset category among its peers . The ratio of Book Value Per Share to Return On Asset for Mayr Melnhof Karton AG is about 1,374 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Mayr Melnhof by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Mayr Melnhof'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.Mayr Return On Asset vs. Book Value Per Share
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
Mayr Melnhof |
| = | 97.56 X |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Mayr Melnhof |
| = | 0.071 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Mayr Return On Asset Comparison
Mayr Melnhof is currently under evaluation in return on asset category among its peers.
Mayr Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Mayr Melnhof. 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 Mayr Melnhof 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 Mayr Melnhof's important profitability drivers and their relationship over time.
Use Mayr Melnhof 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 Mayr Melnhof 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 Mayr Melnhof will appreciate offsetting losses from the drop in the long position's value.Mayr Melnhof Pair Trading
Mayr Melnhof Karton AG Pair Trading Analysis
The ability to find closely correlated positions to Mayr Melnhof could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mayr Melnhof 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 Mayr Melnhof - 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 Mayr Melnhof Karton AG to buy it.
The correlation of Mayr Melnhof 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 Mayr Melnhof moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mayr Melnhof Karton 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 Mayr Melnhof 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 Mayr Melnhof position
In addition to having Mayr Melnhof 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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Other Information on Investing in Mayr Stock
To fully project Mayr Melnhof's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Mayr Melnhof Karton 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 Mayr Melnhof's income statement, its balance sheet, and the statement of cash flows.