| MRG-UN Stock | | | CAD 18.58 0.02 0.11% |
Considering the key profitability indicators obtained from Morguard North's historical financial statements, Morguard North American is yielding more profit at this time then in previous quarter. It has a moderate probability of reporting better profitability numbers in December. Profitability indicators assess Morguard North's ability to earn profits and add value for shareholders. At present, Morguard North's
Days Sales Outstanding is projected to increase slightly based on the last few years of reporting. The current year's
Days Of Sales Outstanding is expected to grow to 3.37, whereas
Price To Sales Ratio is forecasted to decline to 1.84. At present, Morguard North's
Net Income Per Share is projected to slightly decrease based on the last few years of reporting. The current year's
Income Quality is expected to grow to 0.63, whereas
Accumulated Other Comprehensive Income is forecasted to decline to about 78.7
M.
For Morguard North profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Morguard North to generate income relative to revenue, assets, operating costs, and current equity. These
fundamental indicators attest to how well Morguard North American utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Morguard North's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Morguard North American over time as well as its relative position and ranking within its peers.
Check out
Correlation Analysis.
Please note, there is a significant difference between Morguard North's value and its price as these two are different measures arrived at by different means. Investors typically determine if Morguard North is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Morguard North'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.
Morguard North American Profit Margin vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Morguard North's current stock value. Our valuation model uses many indicators to compare Morguard North value to that of its competitors to determine the firm's financial worth.
Morguard North American is rated
below average in price to book category among its peers. It is regarded
third in profit margin category among its peers fabricating about
0.63 of Profit Margin per Price To Book. The ratio of Price To Book to Profit Margin for Morguard North American is roughly
1.58 . At present, Morguard North's
Net Profit Margin is projected to slightly decrease based on the last few years of reporting. Comparative valuation analysis is a catch-all model that can be used if you cannot value Morguard North by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Morguard North'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.
Morguard Profit Margin 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.
Morguard North | P/B | = | MV Per ShareBV Per Share |
| = | 0.36 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.
Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
Morguard North | Profit Margin | = | Net IncomeRevenue | X | 100 |
| = | 0.23 % |
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
Morguard Profit Margin Comparison
Morguard North is currently under evaluation in profit margin category among its peers.
Morguard North Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Morguard North, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Morguard North will eventually generate negative long term returns. The profitability progress is the general direction of Morguard North's change in net profit over the period of time. It can combine
multiple indicators of Morguard North, 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.
Morguard Profitability Driver Comparison
Profitability drivers are factors that can directly affect your
investment outlook on Morguard North. 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 Morguard North 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 Morguard North's important profitability drivers and their relationship over time.
Use Morguard North 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 Morguard North 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 Morguard North will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Morguard North could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Morguard North 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 Morguard North - 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 Morguard North American to buy it.
The correlation of Morguard North 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 Morguard North moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Morguard North American 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 Morguard North 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 Morguard North position
In addition to having Morguard North 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.
Shipping Containers
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Shipping Containers theme has 16 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
Shipping Containers Theme or any other
thematic opportunities.
Other Information on Investing in Morguard Stock
To fully project Morguard North's
future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the
financial position of Morguard North American 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 Morguard North's income statement, its balance sheet, and the statement of cash flows.
Potential Morguard North investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Morguard North investors may work on each financial statement separately, they are all related. The changes in Morguard North's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Morguard North's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
