Mexco Energy Price To Book vs. Market Capitalization

MXC Stock  USD 11.80  0.29  2.40%   
Based on the key profitability measurements obtained from Mexco Energy's financial statements, Mexco Energy is performing exceptionally good at this time. It has a great risk to showcase excellent profitability results in December. Profitability indicators assess Mexco Energy's ability to earn profits and add value for shareholders. At present, Mexco Energy's EV To Sales is projected to increase slightly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.21, whereas Days Sales Outstanding is forecasted to decline to 46.73. At present, Mexco Energy's Income Before Tax is projected to increase significantly based on the last few years of reporting. The current year's Total Other Income Expense Net is expected to grow to about 136.8 K, whereas Change To Netincome is forecasted to decline to about 53.1 K.
For Mexco Energy profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Mexco Energy to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Mexco Energy utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Mexco Energy's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Mexco Energy over time as well as its relative position and ranking within its peers.
  
Check out Correlation Analysis.
For information on how to trade Mexco Stock refer to our How to Trade Mexco Stock guide.
Is Oil & Gas Exploration & Production 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 Mexco Energy. If investors know Mexco 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 Mexco Energy 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
0.25
Earnings Share
0.57
Revenue Per Share
3.313
Quarterly Revenue Growth
0.244
Return On Assets
0.0578
The market value of Mexco Energy is measured differently than its book value, which is the value of Mexco that is recorded on the company's balance sheet. Investors also form their own opinion of Mexco Energy's value that differs from its market value or its book value, called intrinsic value, which is Mexco Energy'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 Mexco Energy's market value can be influenced by many factors that don't directly affect Mexco Energy'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 Mexco Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mexco Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mexco Energy'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.

Mexco Energy Market Capitalization vs. Price To Book Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Mexco Energy's current stock value. Our valuation model uses many indicators to compare Mexco Energy value to that of its competitors to determine the firm's financial worth.
Mexco Energy is regarded fourth in price to book category among its peers. It is rated below average in market capitalization category among its peers creating about  18,114,466  of Market Capitalization per Price To Book. At present, Mexco Energy's Market Cap is projected to increase significantly based on the last few years of reporting. 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 Mexco Energy's earnings, one of the primary drivers of an investment's value.

Mexco Market Capitalization 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.

Mexco Energy

P/B

 = 

MV Per Share

BV Per Share

 = 
1.38 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.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.

Mexco Energy

Market Cap

 = 

Shares Outstanding

X

Share Price

 = 
24.98 M
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.

Mexco Market Capitalization vs Competition

Mexco Energy is rated below average in market capitalization category among its peers. Market capitalization of Energy industry is now estimated at about 64.21 Billion. Mexco Energy adds roughly 24.98 Million in market capitalization claiming only tiny portion of equities under Energy industry.
Capitalization  Total debt  Revenue  Workforce  Valuation

Mexco Energy Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Mexco Energy, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Mexco Energy will eventually generate negative long term returns. The profitability progress is the general direction of Mexco Energy's change in net profit over the period of time. It can combine multiple indicators of Mexco Energy, 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 ReportedProjected for Next Year
Operating Income1.8 M1.9 M
Income Before TaxM2.1 M
Total Other Income Expense Net130.2 K136.8 K
Net Income1.3 M1.4 M
Income Tax Expense620.5 K651.6 K
Net Income Applicable To Common Shares5.4 M5.6 M
Net Income From Continuing Ops1.3 M1.4 M
Non Operating Income Net Other58 K60.9 K
Interest Income135.5 K142.2 K
Net Interest Income130.2 K136.8 K
Change To Netincome55.9 K53.1 K
Net Income Per Share 0.64  0.67 
Income Quality 3.30  3.46 
Net Income Per E B T 0.68  0.75 

Mexco Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Mexco Energy. 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 Mexco Energy 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 Mexco Energy's important profitability drivers and their relationship over time.

Use Mexco Energy 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 Mexco Energy 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 Mexco Energy will appreciate offsetting losses from the drop in the long position's value.

Mexco Energy Pair Trading

Mexco Energy Pair Trading Analysis

The ability to find closely correlated positions to Mexco Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mexco Energy 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 Mexco Energy - 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 Mexco Energy to buy it.
The correlation of Mexco Energy 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 Mexco Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mexco Energy 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 Mexco Energy 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Mexco Energy position

In addition to having Mexco Energy 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.

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Online Gaming
Online Gaming Theme
Companies that are involved in the building and marketing of online gaming-related products. The Online Gaming theme has 48 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 Online Gaming Theme or any other thematic opportunities.
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When determining whether Mexco Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mexco Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mexco Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mexco Energy Stock:
Check out Correlation Analysis.
For information on how to trade Mexco Stock refer to our How to Trade Mexco Stock guide.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
To fully project Mexco Energy's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Mexco Energy 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 Mexco Energy's income statement, its balance sheet, and the statement of cash flows.
Potential Mexco Energy investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Mexco Energy investors may work on each financial statement separately, they are all related. The changes in Mexco Energy's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Mexco Energy'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.