MFS Multimarket Price To Earning vs. Shares Outstanding

MMT Stock  USD 4.71  0.03  0.64%   
Based on MFS Multimarket's profitability indicators, MFS Multimarket's profitability may be sliding down. It has an above-average probability of reporting lower numbers next quarter. Profitability indicators assess MFS Multimarket's ability to earn profits and add value for shareholders. At this time, MFS Multimarket's Price To Sales Ratio is comparatively stable compared to the past year. Days Sales Outstanding is likely to gain to 222.80 in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.08 in 2024. At this time, MFS Multimarket's Net Income From Continuing Ops is comparatively stable compared to the past year. Income Tax Expense is likely to gain to about 21.7 M in 2024, whereas Total Other Income Expense Net is likely to drop (3 M) in 2024.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.750.94
Significantly Down
Very volatile
Operating Profit Margin0.760.79
Sufficiently Down
Very volatile
For MFS Multimarket profitability analysis, we use financial ratios and fundamental drivers that measure the ability of MFS Multimarket to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well MFS Multimarket Income utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between MFS Multimarket's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of MFS Multimarket Income over time as well as its relative position and ranking within its peers.
  
Check out Correlation Analysis.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MFS Multimarket. If investors know MFS will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MFS Multimarket listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.115
Dividend Share
0.395
Earnings Share
0.34
Revenue Per Share
0.412
Quarterly Revenue Growth
(0.04)
The market value of MFS Multimarket Income is measured differently than its book value, which is the value of MFS that is recorded on the company's balance sheet. Investors also form their own opinion of MFS Multimarket's value that differs from its market value or its book value, called intrinsic value, which is MFS Multimarket's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MFS Multimarket's market value can be influenced by many factors that don't directly affect MFS Multimarket's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MFS Multimarket's value and its price as these two are different measures arrived at by different means. Investors typically determine if MFS Multimarket is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MFS Multimarket's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

MFS Multimarket Income Shares Outstanding vs. Price To Earning Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining MFS Multimarket's current stock value. Our valuation model uses many indicators to compare MFS Multimarket value to that of its competitors to determine the firm's financial worth.
MFS Multimarket Income is regarded fourth in price to earning category among its peers. It is rated below average in shares outstanding category among its peers creating about  3,342,774  of Shares Outstanding per Price To Earning. Common Stock Shares Outstanding is likely to drop to about 56.4 M in 2024. Comparative valuation analysis is a catch-all technique that is used if you cannot value MFS Multimarket by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

MFS Shares Outstanding vs. Price To Earning

Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.

MFS Multimarket

P/E

 = 

Market Value Per Share

Earnings Per Share

 = 
16.58 X
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

MFS Multimarket

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
55.42 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.

MFS Shares Outstanding Comparison

MFS Multimarket is currently under evaluation in shares outstanding category among its peers.

MFS Multimarket Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in MFS Multimarket, profitability is also one of the essential criteria for including it into their portfolios because, without profit, MFS Multimarket will eventually generate negative long term returns. The profitability progress is the general direction of MFS Multimarket's change in net profit over the period of time. It can combine multiple indicators of MFS Multimarket, 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 ReportedProjected for Next Year
Operating Income16.2 M15.7 M
Net Income From Continuing Ops16.2 M17 M
Income Before Tax16.2 M13.7 M
Total Other Income Expense Net-2.9 M-3 M
Net Loss-51.9 M-49.3 M
Net Income16.2 M12.1 M
Income Tax Expense20.7 M21.7 M
Net Interest Income15.7 M16.3 M
Interest Income20.7 M18.2 M
Change To Netincome100.6 M105.6 M
Net Income Per Share 0.36  0.56 
Income Quality 1.98  2.08 
Net Income Per E B T 0.88  1.00 

MFS Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on MFS Multimarket. 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 MFS Multimarket 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 MFS Multimarket's important profitability drivers and their relationship over time.

Use MFS Multimarket 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 MFS Multimarket 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 MFS Multimarket will appreciate offsetting losses from the drop in the long position's value.

MFS Multimarket Pair Trading

MFS Multimarket Income Pair Trading Analysis

The ability to find closely correlated positions to MFS Multimarket could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MFS Multimarket 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 MFS Multimarket - 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 MFS Multimarket Income to buy it.
The correlation of MFS Multimarket 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 MFS Multimarket moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MFS Multimarket Income 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 MFS Multimarket 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your MFS Multimarket position

In addition to having MFS Multimarket 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 Gambling Thematic Idea Now

Gambling
Gambling Theme
Companies that are related to providing gambling services across multiple geographical areas by investing, exploring, or producing software, hardware, and related infrastructure for running gambling operations or trading speculative assets. The Gambling 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 Gambling Theme or any other thematic opportunities.
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Additional Tools for MFS Stock Analysis

When running MFS Multimarket's price analysis, check to measure MFS Multimarket'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 MFS Multimarket is operating at the current time. Most of MFS Multimarket's value examination focuses on studying past and present price action to predict the probability of MFS Multimarket's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MFS Multimarket's price. Additionally, you may evaluate how the addition of MFS Multimarket to your portfolios can decrease your overall portfolio volatility.