MultiPlan Return On Asset vs. Price To Book
| MPLN Stock | USD 7.89 0.82 11.60% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.3 | 0.3183 |
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For MultiPlan profitability analysis, we use financial ratios and fundamental drivers that measure the ability of MultiPlan to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well MultiPlan utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between MultiPlan's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of MultiPlan over time as well as its relative position and ranking within its peers.
MultiPlan |
MultiPlan's Revenue Breakdown by Earning Segment
Check out Correlation Analysis.
Is Health Care Equipment & Supplies 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 MultiPlan. If investors know MultiPlan 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 MultiPlan 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 (0.99) | Earnings Share (95.28) | Revenue Per Share 58.328 | Quarterly Revenue Growth (0.05) | Return On Assets 0.0129 |
The market value of MultiPlan is measured differently than its book value, which is the value of MultiPlan that is recorded on the company's balance sheet. Investors also form their own opinion of MultiPlan's value that differs from its market value or its book value, called intrinsic value, which is MultiPlan'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 MultiPlan's market value can be influenced by many factors that don't directly affect MultiPlan'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 MultiPlan's value and its price as these two are different measures arrived at by different means. Investors typically determine if MultiPlan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MultiPlan'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.
MultiPlan Price To Book vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining MultiPlan's current stock value. Our valuation model uses many indicators to compare MultiPlan value to that of its competitors to determine the firm's financial worth. MultiPlan is regarded third in return on asset category among its peers. It is rated below average in price to book category among its peers fabricating about 47.65 of Price To Book per Return On Asset. As of the 30th of November 2024, Price To Book Ratio is likely to grow to 35.62. 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 MultiPlan's earnings, one of the primary drivers of an investment's value.MultiPlan Price To Book vs. Return On Asset
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.
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| = | 0.0129 |
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.
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.
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| = | 0.61 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.
MultiPlan Price To Book Comparison
MultiPlan is currently under evaluation in price to book category among its peers.
MultiPlan Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in MultiPlan, profitability is also one of the essential criteria for including it into their portfolios because, without profit, MultiPlan will eventually generate negative long term returns. The profitability progress is the general direction of MultiPlan's change in net profit over the period of time. It can combine multiple indicators of MultiPlan, 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 | -11.8 M | -11.2 M | |
| Net Loss | -515.6 M | -489.8 M | |
| Income Tax Expense | -15.4 M | -16.1 M | |
| Net Interest Income | -322.7 M | -338.8 M | |
| Interest Income | 9.7 M | 10.1 M | |
| Operating Income | 173.4 M | 207.1 M | |
| Net Loss | -710.4 M | -674.9 M | |
| Income Before Tax | -107.1 M | -112.4 M | |
| Total Other Income Expense Net | -280.5 M | -294.5 M | |
| Net Loss | -91.7 M | -87.1 M | |
| Non Operating Income Net Other | 44.1 M | 46.3 M | |
| Change To Netincome | 622.9 M | 654 M | |
| Net Loss | (0.14) | (0.14) | |
| Income Quality | (1.87) | (1.78) | |
| Net Income Per E B T | 0.86 | 0.81 |
MultiPlan Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on MultiPlan. 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 MultiPlan 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 MultiPlan's important profitability drivers and their relationship over time.
Use MultiPlan 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 MultiPlan 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 MultiPlan will appreciate offsetting losses from the drop in the long position's value.MultiPlan Pair Trading
MultiPlan Pair Trading Analysis
The ability to find closely correlated positions to MultiPlan could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MultiPlan 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 MultiPlan - 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 MultiPlan to buy it.
The correlation of MultiPlan 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 MultiPlan moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MultiPlan 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 MultiPlan 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 MultiPlan position
In addition to having MultiPlan 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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ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Energy ETFs theme has 92 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 Energy ETFs Theme or any other thematic opportunities.
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Check out Correlation Analysis. To learn how to invest in MultiPlan Stock, please use our How to Invest in MultiPlan guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
To fully project MultiPlan's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of MultiPlan 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 MultiPlan's income statement, its balance sheet, and the statement of cash flows.