Mene Inc Stock Gross Profit
| MENE Stock | CAD 0.11 0.01 8.33% |
Mene Inc fundamentals help investors to digest information that contributes to Mene's financial success or failures. It also enables traders to predict the movement of Mene Stock. The fundamental analysis module provides a way to measure Mene's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Mene stock.
| Last Reported | Projected for Next Year | ||
| Gross Profit | 5.8 M | 3.9 M | |
| Gross Profit Margin | 0.25 | 0.18 |
Mene | Gross Profit |
Mene Inc Company Gross Profit Analysis
Mene's Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Current Mene Gross Profit | 6.64 M |
Most of Mene's fundamental indicators, such as Gross Profit, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Mene Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Mene Gross Profit Driver Correlations
Understanding the fundamental principles of building solid financial models for Mene is extremely important. It helps to project a fair market value of Mene Stock properly, considering its historical fundamentals such as Gross Profit. Since Mene's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Mene's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Mene's interrelated accounts and indicators.
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Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
| Competition |
According to the company disclosure, Mene Inc reported 6.64 M of gross profit. This is 99.96% lower than that of the Textiles, Apparel & Luxury Goods sector and 99.37% lower than that of the Consumer Discretionary industry. The gross profit for all Canada stocks is 99.98% higher than that of the company.
Mene Gross Profit Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Mene's direct or indirect competition against its Gross Profit to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Mene could also be used in its relative valuation, which is a method of valuing Mene by comparing valuation metrics of similar companies.Mene is currently under evaluation in gross profit category among its peers.
Mene Fundamentals
| Return On Equity | -0.2 | ||||
| Return On Asset | -0.0754 | ||||
| Profit Margin | (0.15) % | ||||
| Operating Margin | (0.06) % | ||||
| Current Valuation | 22.56 M | ||||
| Shares Outstanding | 149.49 M | ||||
| Shares Owned By Insiders | 65.50 % | ||||
| Shares Owned By Institutions | 8.74 % | ||||
| Number Of Shares Shorted | 15.38 K | ||||
| Price To Book | 1.77 X | ||||
| Price To Sales | 1.27 X | ||||
| Revenue | 23.29 M | ||||
| Gross Profit | 6.64 M | ||||
| EBITDA | (2.65 M) | ||||
| Net Income | (1.99 M) | ||||
| Cash And Equivalents | 29.56 M | ||||
| Cash Per Share | 0.12 X | ||||
| Total Debt | 2.24 M | ||||
| Debt To Equity | 144.10 % | ||||
| Current Ratio | 40.24 X | ||||
| Book Value Per Share | 0.06 X | ||||
| Cash Flow From Operations | (854.62 K) | ||||
| Short Ratio | 0.14 X | ||||
| Earnings Per Share | (0.02) X | ||||
| Beta | 0.13 | ||||
| Market Capitalization | 28.58 M | ||||
| Total Asset | 18.22 M | ||||
| Retained Earnings | (21.93 M) | ||||
| Working Capital | 14.62 M | ||||
| Net Asset | 18.22 M |
About Mene Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Mene Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mene using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mene Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for Mene Stock Analysis
When running Mene's price analysis, check to measure Mene'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 Mene is operating at the current time. Most of Mene's value examination focuses on studying past and present price action to predict the probability of Mene's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mene's price. Additionally, you may evaluate how the addition of Mene to your portfolios can decrease your overall portfolio volatility.