Mirc Electronics Limited Stock Fundamentals
| MIRCELECTR | 13.23 0.45 3.52% |
MIRC Electronics Limited fundamentals help investors to digest information that contributes to MIRC Electronics' financial success or failures. It also enables traders to predict the movement of MIRC Stock. The fundamental analysis module provides a way to measure MIRC Electronics' 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 MIRC Electronics stock.
At present, MIRC Electronics' Interest Expense is projected to decrease significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 9.3 B, whereas Other Operating Expenses is forecasted to decline to about 9.1 B. MIRC | Select Account or Indicator |
MIRC Electronics Limited Company Return On Asset Analysis
MIRC Electronics' Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current MIRC Electronics Return On Asset | -0.037 |
Most of MIRC Electronics' fundamental indicators, such as Return On Asset, 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, MIRC Electronics Limited is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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MIRC Total Assets
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Based on the latest financial disclosure, MIRC Electronics Limited has a Return On Asset of -0.037. This is 103.39% lower than that of the Household Durables sector and significantly lower than that of the Consumer Discretionary industry. The return on asset for all India stocks is 73.57% lower than that of the firm.
MIRC Electronics Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining MIRC Electronics's current stock value. Our valuation model uses many indicators to compare MIRC Electronics value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across MIRC Electronics competition to find correlations between indicators driving MIRC Electronics's intrinsic value. More Info.MIRC Electronics Limited 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 return on asset category among its peers . 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 MIRC Electronics' earnings, one of the primary drivers of an investment's value.MIRC Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses MIRC Electronics' direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of MIRC Electronics could also be used in its relative valuation, which is a method of valuing MIRC Electronics by comparing valuation metrics of similar companies.MIRC Electronics is currently under evaluation in return on asset category among its peers.
MIRC Fundamentals
| Return On Equity | -0.31 | ||||
| Return On Asset | -0.037 | ||||
| Profit Margin | (0.06) % | ||||
| Operating Margin | (0.02) % | ||||
| Current Valuation | 3.94 B | ||||
| Shares Outstanding | 230.95 M | ||||
| Shares Owned By Insiders | 54.44 % | ||||
| Price To Book | 2.26 X | ||||
| Price To Sales | 0.36 X | ||||
| Revenue | 9.67 B | ||||
| Gross Profit | 943.1 M | ||||
| EBITDA | (391.79 M) | ||||
| Net Income | (622.08 M) | ||||
| Total Debt | 1.04 B | ||||
| Book Value Per Share | 5.80 X | ||||
| Cash Flow From Operations | (45.5 M) | ||||
| Earnings Per Share | (2.36) X | ||||
| Number Of Employees | 484 | ||||
| Beta | 1.12 | ||||
| Market Capitalization | 3.06 B | ||||
| Total Asset | 5.7 B | ||||
| Retained Earnings | (1.23 B) | ||||
| Working Capital | 183.4 M | ||||
| Net Asset | 5.7 B |
About MIRC Electronics Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze MIRC Electronics Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MIRC Electronics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MIRC Electronics Limited 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.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 48.9 M | 46.5 M | |
| Total Revenue | 8.7 B | 9.3 B | |
| Cost Of Revenue | 8.6 B | 7.3 B |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in MIRC Stock
MIRC Electronics financial ratios help investors to determine whether MIRC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in MIRC with respect to the benefits of owning MIRC Electronics security.