MasTec Current Valuation vs. Cash And Equivalents
| MTZ Stock | USD 144.55 3.39 2.29% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.0623 | 0.0656 |
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For MasTec profitability analysis, we use financial ratios and fundamental drivers that measure the ability of MasTec to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well MasTec Inc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between MasTec's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of MasTec Inc over time as well as its relative position and ranking within its peers.
MasTec |
MasTec's Revenue Breakdown by Earning Segment
Check out Correlation Analysis.
Is Construction & Engineering 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 MasTec. If investors know MasTec 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 MasTec 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 5.722 | Earnings Share 1.13 | Revenue Per Share 156.211 | Quarterly Revenue Growth (0) | Return On Assets 0.0237 |
The market value of MasTec Inc is measured differently than its book value, which is the value of MasTec that is recorded on the company's balance sheet. Investors also form their own opinion of MasTec's value that differs from its market value or its book value, called intrinsic value, which is MasTec'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 MasTec's market value can be influenced by many factors that don't directly affect MasTec'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 MasTec's value and its price as these two are different measures arrived at by different means. Investors typically determine if MasTec is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MasTec'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.
MasTec Inc Cash And Equivalents vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining MasTec's current stock value. Our valuation model uses many indicators to compare MasTec value to that of its competitors to determine the firm's financial worth. MasTec Inc is rated below average in current valuation category among its peers. It is regarded fifth in cash and equivalents category among its peers creating about 0.03 of Cash And Equivalents per Current Valuation. The ratio of Current Valuation to Cash And Equivalents for MasTec Inc is roughly 37.79 . At this time, MasTec's Cash And Equivalents is fairly 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 MasTec's earnings, one of the primary drivers of an investment's value.MasTec Current Valuation vs. Competition
MasTec Inc is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Industrials industry is now estimated at about 178.32 Billion. MasTec holds roughly 14.01 Billion in current valuation claiming about 8% of equities under Industrials industry.
MasTec Cash And Equivalents vs. Current Valuation
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.
MasTec |
| = | 14.01 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.
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
MasTec |
| = | 370.59 M |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
MasTec Cash And Equivalents Comparison
MasTec is currently under evaluation in cash and equivalents category among its peers.
MasTec Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in MasTec, profitability is also one of the essential criteria for including it into their portfolios because, without profit, MasTec will eventually generate negative long term returns. The profitability progress is the general direction of MasTec's change in net profit over the period of time. It can combine multiple indicators of MasTec, 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 | -53 M | -55.6 M | |
| Operating Income | 152 M | 147.9 M | |
| Income Before Tax | -82.7 M | -78.6 M | |
| Total Other Income Expense Net | -234.7 M | -223 M | |
| Net Loss | -49.9 M | -47.5 M | |
| Income Tax Expense | -35.4 M | -33.6 M | |
| Net Income Applicable To Common Shares | 38.4 M | 36.4 M | |
| Net Loss | -45.1 M | -42.9 M | |
| Non Operating Income Net Other | 34.7 M | 24.8 M | |
| Interest Income | 95.9 M | 52.7 M | |
| Net Interest Income | -224.6 M | -213.4 M | |
| Change To Netincome | -24.1 M | -22.9 M | |
| Net Loss | (0.64) | (0.61) | |
| Income Quality | (13.76) | (13.07) | |
| Net Income Per E B T | 0.60 | 0.95 |
MasTec Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on MasTec. 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 MasTec 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 MasTec's important profitability drivers and their relationship over time.
Use MasTec 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 MasTec 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 MasTec will appreciate offsetting losses from the drop in the long position's value.MasTec Pair Trading
MasTec Inc Pair Trading Analysis
The ability to find closely correlated positions to MasTec could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MasTec 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 MasTec - 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 MasTec Inc to buy it.
The correlation of MasTec 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 MasTec moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MasTec Inc 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 MasTec 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 MasTec position
In addition to having MasTec 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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Additional Tools for MasTec Stock Analysis
When running MasTec's price analysis, check to measure MasTec'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 MasTec is operating at the current time. Most of MasTec's value examination focuses on studying past and present price action to predict the probability of MasTec's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MasTec's price. Additionally, you may evaluate how the addition of MasTec to your portfolios can decrease your overall portfolio volatility.