MTN Group EBITDA vs. Price To Book
| MTNOY Stock | USD 4.53 0.04 0.89% |
For MTN Group profitability analysis, we use financial ratios and fundamental drivers that measure the ability of MTN Group to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well MTN Group Ltd utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between MTN Group's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of MTN Group Ltd over time as well as its relative position and ranking within its peers.
MTN |
MTN Group Price To Book vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining MTN Group's current stock value. Our valuation model uses many indicators to compare MTN Group value to that of its competitors to determine the firm's financial worth. MTN Group Ltd is regarded second in ebitda category among its peers. It is regarded fifth in price to book category among its peers . The ratio of EBITDA to Price To Book for MTN Group Ltd is about 32,755,771,893 . Comparative valuation analysis is a catch-all model that can be used if you cannot value MTN Group by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for MTN Group's Pink Sheet. 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.MTN Price To Book vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
MTN Group |
| = | 73.35 B |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
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.
MTN Group |
| = | 2.24 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.
MTN Price To Book Comparison
MTN Group is currently under evaluation in price to book category among its peers.
MTN Group Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in MTN Group, profitability is also one of the essential criteria for including it into their portfolios because, without profit, MTN Group will eventually generate negative long term returns. The profitability progress is the general direction of MTN Group's change in net profit over the period of time. It can combine multiple indicators of MTN Group, 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.
MTN Group Limited, together with its subsidiaries, operates in the mobile telecommunications industry. MTN Group Limited was incorporated in 1994 and is based in Johannesburg, South Africa. MTN GROUP is traded on OTC Exchange in the United States.
MTN Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on MTN Group. 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 MTN Group 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 MTN Group's important profitability drivers and their relationship over time.
Use MTN Group 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 MTN Group 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 MTN Group will appreciate offsetting losses from the drop in the long position's value.MTN Group Pair Trading
MTN Group Ltd Pair Trading Analysis
The ability to find closely correlated positions to MTN Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MTN Group 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 MTN Group - 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 MTN Group Ltd to buy it.
The correlation of MTN Group 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 MTN Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MTN Group 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 MTN Group 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 MTN Group position
In addition to having MTN Group 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 Small Growth Funds Thematic Idea Now
Small Growth Funds
Funds or Etfs that invest in stocks of small to mid-sized companies with above-average risk and growth rate that usually reinvest their earnings back into business. The Small Growth Funds theme has 46 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 Small Growth Funds Theme or any other thematic opportunities.
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Additional Tools for MTN Pink Sheet Analysis
When running MTN Group's price analysis, check to measure MTN Group'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 MTN Group is operating at the current time. Most of MTN Group's value examination focuses on studying past and present price action to predict the probability of MTN Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MTN Group's price. Additionally, you may evaluate how the addition of MTN Group to your portfolios can decrease your overall portfolio volatility.