We offer investment insights to enhance the latest expert consensus on Mill City Ventures. Our recommendation system uses a sophisticated algorithm to evaluate the company's growth potential based on all available technical and fundamental data. Currently, Mill City is not expected to pay dividends this year, as it aims to preserve and reinvest its funds. While investing in non-dividend stocks may seem risky, it can lead to significant capital gains. Investors can benefit from rising stock prices, allowing them to sell their shares for a profit when the company performs well. Keep an eye on Mill City Ventures for potential growth opportunities.
Main Considerations
Mill City Ventures (MCVT) shows potential for growth, particularly with a book value per share of
2.97 and a market capitalization of
16.41M, indicating a solid foundation for future expansion. Despite facing challenges, such as a loss of
1.6M before tax, the company's specialized finance focus and low institutional ownership suggest room for strategic investment and increased interest from larger players.
Typically, a company's
financial statements are the reports that show the
financial position of the company. There are three main documents that fall into the category of financial statements. These documents include Mill City income statement, its balance sheet, and the statement of cash flows. Potential Mill City investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Mill City investors may use each financial statement separately, they are all related. The changes in Mill City's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Mill City's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our
technical analysis and
fundamental analysis pages.
The goal of Mill City
fundamental analysis is to do accurate financial forecasts. There are several possible objectives to fundamental analysis, such as projecting of Mill City performance into the future periods or doing a reasonable stock valuation. The intrinsic value of Mill City shares is the value that is considered the true value of the share. If
the intrinsic value of Mill is higher than its market price, buying is generally recommended. If it is equal to the market price, it is recommended to hold; and if it is less than the market price, then one should sell all shares Mill City. Please read more on our
fundamental analysis page.
How effective is Mill City in utilizing its assets?
Mill City Ventures reports assets on its Balance Sheet. It represents the amount of Mill resources that either has an existing economic value or will provide some form of benefits in the future. By effectively utilizing its assets, Mill City aims to generate revenue, control costs, drive operational efficiency, and enhance profitability. Optimizing asset utilization helps maximize shareholder value and maintain a competitive position in the Specialized Finance space. To get a better handle on how balance sheet or income statements item affect Mill volatility, please check the breakdown of all its
fundamentals.
Mill City Gross Profit
Mill City Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Mill City previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Mill City Gross Profit growth over the last 10 years. Please check Mill City's
gross profit and other
fundamental indicators for more details.
Another angle On Mill City
Although in the United States, the Securities and Exchange Commission has enforced strong rules to prevent insiders from engaging in insider trading, finding insiders among active shareholders of Mill City is not uncomon. Many companies such as Mill City have both institutions investors and insiders sharing the ownership. Retail investors typically buy and sell stocks in round lots of 100 shares or more. Other other hand institutional investors are known to buy and sell in block trades of 10,000 shares or more. Let's take a look at how the ownership of Mill is distributed among investors.
Ownership Allocation
The
market capitalization of Mill City Ventures is $16.41 Million. Mill City Ventures secures majority of its outstanding shares owned by
insiders. An
insider is usually defined as a corporate executive, director, member of the board or
institutional investor who own at least 10% of the company's outstanding shares. 64.3 % of Mill City Ventures
outstanding shares that are owned by
insiders conveys that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Note, that even with negative
profits, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company.
| Retail Investors35.1% | Insiders64.3% | |
| Retail Investors | 35.1 |
| Insiders | 64.3 |
| Institutions | 0.6 |
Please be aware that individual investors typically purchase shares for their personal accounts and usually in smaller quantities compared to institutional investors. While they might influence Mill City's decisions if they own a significant combined portion of its shares, such influence is relatively rare. Conversely, institutional investors - like mutual funds, pension funds, hedge funds, and other investment companies - often have a substantial sway over Mill City's decisions due to their larger holdings.
| 2021 | 2022 | 2023 | 2024 (projected) |
Interest Income | 2.7M | 4.2M | 3.3M | 3.5M | Net Interest Income | 2.7M | 4.0M | 3.2M | 1.6M |
Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Mill City has an asset utilization ratio of 14.34 percent. This implies that the Company is making $0.14 for each dollar of assets. An increasing asset utilization means that Mill City Ventures is more efficient with each dollar of assets it utilizes for everyday operations.
| | | | | Other Assets19.4 M | Net Tangible Assets13.4 M | |
| Non Current Assets Total | 8,818.85 | 0.053 |
| Other Current Assets | (16.96 Million) | -101.9 |
| Total Current Assets | 608,415 | 3.66 |
| Intangible Assets | 0.0 | 0.0 |
| Non Currrent Assets Other | 173,566 | 1.04 |
| Other Assets | 19.38 Million | 116.44 |
| Net Tangible Assets | 13.43 Million | 80.71 |
| Deferred Long Term Asset Charges | 0.0 | 0.0 |
In the world of investing, cash flow is king, and Mill City Ventures (MCVT) is showing some promising signs. With an end period cash flow of $376K and a robust current ratio of 5.19X, the company appears to have a solid liquidity position. However, it faces challenges, including losses of $1.9M in EBIT and a net income loss of $594K, which raises concerns about its profitability. On a brighter note, the company boasts a market capitalization of $16.41M and a price-to-book ratio of 0.85X, suggesting that it may be undervalued relative to its assets. As MCVT navigates its financial landscape, investors should keep a close eye on its operational efficiency and potential for recovery.
Volatility analysis of Mill City implies possible reversal in September
Mill City Ventures has recently experienced a notable change, with its information ratio rising to 0.0. This shift suggests a potential turning point for the stock, especially as we approach September. Investors should pay attention to this development, as it may indicate a reversal in the stock's performance, presenting an intriguing opportunity for those looking to take advantage of market fluctuations. As of August 9th, Mill City boasts a mean deviation of 2.85, a risk-adjusted performance of 0.0165, and a downside deviation of 4.68.
Additionally, a technical analysis model can help investors explore the current technical drivers of Mill City Ventures and understand how they relate to one another.As we look ahead to September, Mill City Ventures (MCVT) presents an intriguing opportunity for investors. With a current valuation market value of
2.57, compared to its real value of
1.68, there’s a significant gap that suggests potential for growth. If the hype around its valuation continues to build, we could see the stock price experience some exciting movements. As always, investors should keep a close eye on market trends and company developments, but the prospects for MCVT this month could be worth considering..
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Rifka Kats is a Member of Macroaxis Editorial Board. Rifka writes about retail product and service companies from the perspective of a regular consumer and sophisticated investor at the same time. She is passionate about corporate ethics and equality in the workforce.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Rifka Kats do not own shares of Mill City Ventures. Please refer to our
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