Millat Tractors Stock Current Valuation
| MTL Stock | 624.44 1.53 0.25% |
Valuation analysis of Millat Tractors helps investors to measure Millat Tractors' intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Undervalued
Today
Please note that Millat Tractors' price fluctuation is very steady at this time. Calculation of the real value of Millat Tractors is based on 3 months time horizon. Increasing Millat Tractors' time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the Millat stock is determined by what a typical buyer is willing to pay for full or partial control of Millat Tractors. Since Millat Tractors is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Millat Stock. However, Millat Tractors' intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 624.44 | Real 696.24 | Hype 624.44 |
The intrinsic value of Millat Tractors' stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Millat Tractors' stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Millat Tractors helps investors to forecast how Millat stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Millat Tractors more accurately as focusing exclusively on Millat Tractors' fundamentals will not take into account other important factors: Millat Tractors Company Current Valuation Analysis
Millat Tractors' Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Millat Tractors has a Current Valuation of 0.0. This is 100.0% lower than that of the Industrials sector and 100.0% lower than that of the Machinery industry. The current valuation for all Pakistan stocks is 100.0% higher than that of the company.
Millat Tractors is currently under evaluation in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Machinery industry is now estimated at about 0.0. Millat Tractors adds roughly 0.0 in current valuation claiming only tiny portion of all equities under Machinery industry.Millat Fundamentals
| Revenue | 55.01 B | |||
| EBITDA | 10.14 B | |||
| Net Income | 5.37 B | |||
| Total Debt | 69.26 M | |||
| Cash Flow From Operations | 30.42 M | |||
| Total Asset | 24.18 B | |||
| Z Score | 2.0 | |||
| Net Asset | 24.18 B |
About Millat Tractors Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Millat Tractors's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Millat Tractors using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Millat Tractors 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 Millat Tractors
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 Millat Tractors 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 Millat Tractors will appreciate offsetting losses from the drop in the long position's value.Moving together with Millat Stock
| 0.79 | OGDC | Oil and Gas | PairCorr |
| 0.81 | PSO | Pakistan State Oil | PairCorr |
| 0.85 | PPL | Pakistan Petroleum | PairCorr |
| 0.84 | FFC | Fauji Fertilizer | PairCorr |
| 0.74 | HBL | Habib Bank | PairCorr |
The ability to find closely correlated positions to Millat Tractors could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Millat Tractors 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 Millat Tractors - 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 Millat Tractors to buy it.
The correlation of Millat Tractors 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 Millat Tractors moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Millat Tractors 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 Millat Tractors 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 Millat Stock Analysis
When running Millat Tractors' price analysis, check to measure Millat Tractors' 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 Millat Tractors is operating at the current time. Most of Millat Tractors' value examination focuses on studying past and present price action to predict the probability of Millat Tractors' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Millat Tractors' price. Additionally, you may evaluate how the addition of Millat Tractors to your portfolios can decrease your overall portfolio volatility.