Multiplan P Stock Fundamentals
| MPLNDelisted Stock | USD 23.15 1.24 5.08% |
MULTIPLAN P fundamentals help investors to digest information that contributes to MULTIPLAN's financial success or failures. It also enables traders to predict the movement of MULTIPLAN Stock. The fundamental analysis module provides a way to measure MULTIPLAN'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 MULTIPLAN stock.
MULTIPLAN |
MULTIPLAN P Company Return On Asset Analysis
MULTIPLAN's 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 MULTIPLAN Return On Asset | 0.0102 |
Most of MULTIPLAN's 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, MULTIPLAN P 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.
CompetitionBased on the latest financial disclosure, MULTIPLAN P has a Return On Asset of 0.0102. This is 100.12% lower than that of the Health Care Equipment & Supplies sector and significantly higher than that of the Health Care industry. The return on asset for all United States stocks is 107.29% lower than that of the firm.
MULTIPLAN P Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining MULTIPLAN's current stock value. Our valuation model uses many indicators to compare MULTIPLAN value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across MULTIPLAN competition to find correlations between indicators driving MULTIPLAN's intrinsic value. More Info.MULTIPLAN P is rated below average in return on equity category among its peers. It is regarded third 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 MULTIPLAN's earnings, one of the primary drivers of an investment's value.MULTIPLAN Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses MULTIPLAN's 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 MULTIPLAN could also be used in its relative valuation, which is a method of valuing MULTIPLAN by comparing valuation metrics of similar companies.MULTIPLAN is currently under evaluation in return on asset category among its peers.
MULTIPLAN Fundamentals
| Return On Equity | -1.84 | ||||
| Return On Asset | 0.0102 | ||||
| Profit Margin | (1.77) % | ||||
| Operating Margin | 0.06 % | ||||
| Current Valuation | 4.91 B | ||||
| Shares Outstanding | 16.2 M | ||||
| Shares Owned By Insiders | 7.69 % | ||||
| Shares Owned By Institutions | 88.95 % | ||||
| Number Of Shares Shorted | 467.91 K | ||||
| Price To Earning | 9.87 X | ||||
| Price To Book | 4.53 X | ||||
| Price To Sales | 0.40 X | ||||
| Revenue | 930.62 M | ||||
| Gross Profit | 691.22 M | ||||
| EBITDA | (1.39 B) | ||||
| Net Income | (1.65 B) | ||||
| Cash And Equivalents | 439.12 M | ||||
| Cash Per Share | 0.69 X | ||||
| Total Debt | 4.54 B | ||||
| Debt To Equity | 2.02 % | ||||
| Current Ratio | 2.30 X | ||||
| Book Value Per Share | 5.19 X | ||||
| Cash Flow From Operations | 107.62 M | ||||
| Short Ratio | 3.03 X | ||||
| Earnings Per Share | (101.92) X | ||||
| Price To Earnings To Growth | 1.03 X | ||||
| Target Price | 15.5 | ||||
| Number Of Employees | 2.8 K | ||||
| Beta | 0.33 | ||||
| Market Capitalization | 374.98 M | ||||
| Total Asset | 5.15 B | ||||
| Retained Earnings | (2.15 B) | ||||
| Working Capital | (38.27 M) | ||||
| Net Asset | 5.15 B |
About MULTIPLAN Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze MULTIPLAN P's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MULTIPLAN using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MULTIPLAN P 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.MultiPlan Corporation, together with its subsidiaries, provides data analytics and technology-enabled cost management, payment, and revenue integrity solutions to the healthcare industry in the United States. MultiPlan Corporation was founded in 1980 and is headquartered in New York, New York. Multiplan Corp operates under Health Information Services classification in the United States and is traded on New York Stock Exchange. It employs 2500 people.
Pair Trading with MULTIPLAN
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 MULTIPLAN 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 MULTIPLAN will appreciate offsetting losses from the drop in the long position's value.Moving against MULTIPLAN Stock
| 0.8 | OTRK | Ontrak Inc | PairCorr |
| 0.72 | WORX | Scworx Corp | PairCorr |
| 0.66 | NRC | National Research Corp | PairCorr |
| 0.6 | WEAV | Weave Communications | PairCorr |
| 0.59 | EVH | Evolent Health | PairCorr |
The ability to find closely correlated positions to MULTIPLAN could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MULTIPLAN 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 MULTIPLAN - 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 MULTIPLAN P to buy it.
The correlation of MULTIPLAN 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 MULTIPLAN moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MULTIPLAN P 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 MULTIPLAN 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.Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Other Consideration for investing in MULTIPLAN Stock
If you are still planning to invest in MULTIPLAN P check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the MULTIPLAN's history and understand the potential risks before investing.
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