Mullen Automotive Return On Equity vs. Price To Book
| MULN Stock | USD 2.87 0.06 2.05% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter (0.57) | Current Value (0.59) | Quarterly Volatility 3.67852531 |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.2 | 0.1173 |
|
|
For Mullen Automotive profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Mullen Automotive to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Mullen Automotive utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Mullen Automotive's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Mullen Automotive over time as well as its relative position and ranking within its peers.
Mullen |
Is Automobile Manufacturers 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 Mullen Automotive. If investors know Mullen 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 Mullen Automotive listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 273 K | Revenue Per Share 2.51 | Quarterly Revenue Growth (0.79) | Return On Assets (0.48) | Return On Equity (2.60) |
The market value of Mullen Automotive is measured differently than its book value, which is the value of Mullen that is recorded on the company's balance sheet. Investors also form their own opinion of Mullen Automotive's value that differs from its market value or its book value, called intrinsic value, which is Mullen Automotive'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 Mullen Automotive's market value can be influenced by many factors that don't directly affect Mullen Automotive'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 Mullen Automotive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mullen Automotive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mullen Automotive'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.
Mullen Automotive Price To Book vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Mullen Automotive's current stock value. Our valuation model uses many indicators to compare Mullen Automotive value to that of its competitors to determine the firm's financial worth. Mullen Automotive is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in price to book category among its peers . At this time, Mullen Automotive's Return On Equity is very 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 Mullen Automotive's earnings, one of the primary drivers of an investment's value.Mullen Automotive's Earnings Breakdown by Geography
Mullen Price To Book vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Mullen Automotive |
| = | -2.6 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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.
Mullen Automotive |
| = | 0.74 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.
Mullen Price To Book Comparison
Mullen Automotive is currently under evaluation in price to book category among its peers.
Mullen Automotive Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Mullen Automotive, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Mullen Automotive will eventually generate negative long term returns. The profitability progress is the general direction of Mullen Automotive's change in net profit over the period of time. It can combine multiple indicators of Mullen Automotive, 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 | 2.1 B | 2.2 B | |
| Operating Income | -340 M | -323 M | |
| Income Before Tax | -915.9 M | -870.1 M | |
| Total Other Income Expense Net | -575.9 M | -547.1 M | |
| Net Loss | -906 M | -860.7 M | |
| Income Tax Expense | -12.6 M | -12 M | |
| Net Interest Income | -5.7 M | -6 M | |
| Net Loss | -906 M | -860.7 M | |
| Net Loss | -702 M | -666.9 M | |
| Non Operating Income Net Other | -115.6 M | -109.8 M | |
| Change To Netincome | 207.5 M | 217.9 M | |
| Net Loss | -28.7 K | -30.1 K | |
| Income Quality | 0.66 | 0.35 | |
| Net Income Per E B T | 0.98 | 0.92 |
Mullen Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Mullen Automotive. 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 Mullen Automotive 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 Mullen Automotive's important profitability drivers and their relationship over time.
Use Mullen Automotive 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 Mullen Automotive 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 Mullen Automotive will appreciate offsetting losses from the drop in the long position's value.Mullen Automotive Pair Trading
Mullen Automotive Pair Trading Analysis
The ability to find closely correlated positions to Mullen Automotive could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mullen Automotive 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 Mullen Automotive - 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 Mullen Automotive to buy it.
The correlation of Mullen Automotive 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 Mullen Automotive moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mullen Automotive 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 Mullen Automotive 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 Mullen Automotive position
In addition to having Mullen Automotive 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 Management Thematic Idea Now
Management
Companies providing management services to businesses. The Management theme has 39 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 Management Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Correlation Analysis. To learn how to invest in Mullen Stock, please use our How to Invest in Mullen Automotive guide.You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
To fully project Mullen Automotive's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Mullen Automotive 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 Mullen Automotive's income statement, its balance sheet, and the statement of cash flows.