MMTC Gross Profit vs. Current Valuation
| MMTC Stock | 78.62 0.72 0.91% |
Gross Profit | First Reported 2000-06-30 | Previous Quarter 6.5 M | Current Value 15.6 M | Quarterly Volatility 2.9 B |
For MMTC profitability analysis, we use financial ratios and fundamental drivers that measure the ability of MMTC to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well MMTC Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between MMTC's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of MMTC Limited over time as well as its relative position and ranking within its peers.
MMTC |
MMTC Limited Current Valuation vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining MMTC's current stock value. Our valuation model uses many indicators to compare MMTC value to that of its competitors to determine the firm's financial worth. MMTC Limited is considered to be number one stock in gross profit category among its peers. It also is rated top company in current valuation category among its peers reporting about 84.81 of Current Valuation per Gross Profit. At this time, MMTC's Gross Profit is comparatively stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the MMTC's earnings, one of the primary drivers of an investment's value.MMTC Current Valuation vs. Gross Profit
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.
MMTC |
| = | 1.25 B |
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.
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.
MMTC |
| = | 105.91 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.
MMTC Current Valuation vs Competition
MMTC Limited is rated top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Industrials industry is now estimated at about 155.37 Billion. MMTC totals roughly 105.91 Billion in current valuation claiming about 68% of equities under Industrials industry.
MMTC Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in MMTC, profitability is also one of the essential criteria for including it into their portfolios because, without profit, MMTC will eventually generate negative long term returns. The profitability progress is the general direction of MMTC's change in net profit over the period of time. It can combine multiple indicators of MMTC, 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 | 283.4 M | 269.2 M | |
| Operating Income | -1.4 B | -1.3 B | |
| Income Before Tax | 2 B | 1.3 B | |
| Net Income Applicable To Common Shares | 18 B | 18.9 B | |
| Net Income | 1.9 B | 1.2 B | |
| Income Tax Expense | 78.2 M | 74.3 M | |
| Total Other Income Expense Net | 3.4 B | 3.5 B | |
| Net Income From Continuing Ops | 1.9 B | 2 B | |
| Interest Income | 1.5 B | 1.4 B | |
| Net Interest Income | -7 M | -7.3 M | |
| Change To Netincome | -16.7 B | -15.8 B |
MMTC Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on MMTC. 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 MMTC 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 MMTC's important profitability drivers and their relationship over time.
Use MMTC 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 MMTC 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 MMTC will appreciate offsetting losses from the drop in the long position's value.MMTC Pair Trading
MMTC Limited Pair Trading Analysis
The ability to find closely correlated positions to MMTC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MMTC 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 MMTC - 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 MMTC Limited to buy it.
The correlation of MMTC 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 MMTC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MMTC Limited 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 MMTC 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 MMTC position
In addition to having MMTC 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 Services Thematic Idea Now
Services
Companies involved in delivering services to business or consumers across different industries and sectors. The Services theme has 30 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 Services Theme or any other thematic opportunities.
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Additional Tools for MMTC Stock Analysis
When running MMTC's price analysis, check to measure MMTC'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 MMTC is operating at the current time. Most of MMTC's value examination focuses on studying past and present price action to predict the probability of MMTC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MMTC's price. Additionally, you may evaluate how the addition of MMTC to your portfolios can decrease your overall portfolio volatility.