Minto Apartment Real Stock Price To Earnings To Growth
| MI-UN Stock | CAD 13.23 0.07 0.53% |
Minto Apartment Real fundamentals help investors to digest information that contributes to Minto Apartment's financial success or failures. It also enables traders to predict the movement of Minto Stock. The fundamental analysis module provides a way to measure Minto Apartment'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 Minto Apartment stock.
Minto | Price To Earnings To Growth |
Minto Apartment Real Company Price To Earnings To Growth Analysis
Minto Apartment's PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.
Minto Price To Earnings To Growth Driver Correlations
Understanding the fundamental principles of building solid financial models for Minto Apartment is extremely important. It helps to project a fair market value of Minto Stock properly, considering its historical fundamentals such as Price To Earnings To Growth. Since Minto Apartment'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 Minto Apartment'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 Minto Apartment's interrelated accounts and indicators.
Click cells to compare fundamentals
Generally speaking, PEG ratio is a 'quick and dirty' way to measure how the current price of a firm's stock relates to its earnings and growth rate. The main benefit of using PEG ratio is that investors can compare the relative valuations of companies within different industries without analyzing their P/E ratios.
| Competition |
Minto Price Earnings To Growth Ratio
Price Earnings To Growth Ratio |
|
Based on the latest financial disclosure, Minto Apartment Real has a Price To Earnings To Growth of 0.0 times. This is 100.0% lower than that of the Diversified REITs sector and about the same as Real Estate (which currently averages 0.0) industry. The price to earnings to growth for all Canada stocks is 100.0% higher than that of the company.
Minto Price To Earnings To Growth Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Minto Apartment's direct or indirect competition against its Price To Earnings To Growth to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Minto Apartment could also be used in its relative valuation, which is a method of valuing Minto Apartment by comparing valuation metrics of similar companies.Minto Apartment is currently under evaluation in price to earnings to growth category among its peers.
Minto Fundamentals
| Return On Equity | -0.0319 | ||||
| Return On Asset | 0.0215 | ||||
| Profit Margin | (0.22) % | ||||
| Operating Margin | 0.59 % | ||||
| Current Valuation | 1.41 B | ||||
| Shares Outstanding | 39.92 M | ||||
| Shares Owned By Insiders | 2.00 % | ||||
| Shares Owned By Institutions | 27.11 % | ||||
| Number Of Shares Shorted | 66.59 K | ||||
| Price To Earning | 6.60 X | ||||
| Price To Book | 0.51 X | ||||
| Price To Sales | 3.34 X | ||||
| Revenue | 157.93 M | ||||
| Gross Profit | 87.8 M | ||||
| EBITDA | 23.17 M | ||||
| Net Income | (116.66 M) | ||||
| Cash And Equivalents | 6.89 M | ||||
| Cash Per Share | 0.19 X | ||||
| Total Debt | 930.05 M | ||||
| Debt To Equity | 1.06 % | ||||
| Current Ratio | 0.30 X | ||||
| Book Value Per Share | 27.00 X | ||||
| Cash Flow From Operations | 92.97 M | ||||
| Short Ratio | 1.07 X | ||||
| Earnings Per Share | (2.63) X | ||||
| Target Price | 18.83 | ||||
| Number Of Employees | 179 | ||||
| Beta | 1.23 | ||||
| Market Capitalization | 528.1 M | ||||
| Total Asset | 2.7 B | ||||
| Retained Earnings | 366.36 M | ||||
| Working Capital | 2.67 M | ||||
| Annual Yield | 0.04 % | ||||
| Net Asset | 2.7 B |
About Minto Apartment Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Minto Apartment Real's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Minto Apartment using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Minto Apartment Real 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.
Pair Trading with Minto Apartment
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 Minto Apartment 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 Minto Apartment will appreciate offsetting losses from the drop in the long position's value.Moving against Minto Stock
| 0.87 | DAY | Dayforce | PairCorr |
| 0.81 | FGAA-U | FG Acquisition Corp | PairCorr |
| 0.8 | RBA | Ritchie Bros Auctioneers | PairCorr |
| 0.8 | HUT | Hut 8 Mining | PairCorr |
| 0.79 | EIT-UN | Canoe EIT Income | PairCorr |
The ability to find closely correlated positions to Minto Apartment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Minto Apartment 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 Minto Apartment - 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 Minto Apartment Real to buy it.
The correlation of Minto Apartment 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 Minto Apartment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Minto Apartment Real 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 Minto Apartment 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.Additional Tools for Minto Stock Analysis
When running Minto Apartment's price analysis, check to measure Minto Apartment'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 Minto Apartment is operating at the current time. Most of Minto Apartment's value examination focuses on studying past and present price action to predict the probability of Minto Apartment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Minto Apartment's price. Additionally, you may evaluate how the addition of Minto Apartment to your portfolios can decrease your overall portfolio volatility.