Minto Apartment Price To Earning vs. Return On Asset

MI-UN Stock  CAD 14.70  0.07  0.48%   
Based on Minto Apartment's profitability indicators, Minto Apartment Real may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in December. Profitability indicators assess Minto Apartment's ability to earn profits and add value for shareholders. At this time, Minto Apartment's Price To Sales Ratio is comparatively stable compared to the past year. Days Sales Outstanding is likely to gain to 331.24 in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.04 in 2024. At this time, Minto Apartment's Accumulated Other Comprehensive Income is comparatively stable compared to the past year. Net Income Applicable To Common Shares is likely to gain to about 272.2 M in 2024, despite the fact that Income Before Tax is likely to grow to (110.8 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.480.6279
Way Down
Slightly volatile
Operating Profit Margin0.140.1467
Sufficiently Down
Pretty Stable
For Minto Apartment profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Minto Apartment to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Minto Apartment Real utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Minto Apartment's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Minto Apartment Real over time as well as its relative position and ranking within its peers.
  
Check out Correlation Analysis.
Please note, there is a significant difference between Minto Apartment's value and its price as these two are different measures arrived at by different means. Investors typically determine if Minto Apartment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Minto Apartment's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Minto Apartment Real Return On Asset vs. Price To Earning Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Minto Apartment's current stock value. Our valuation model uses many indicators to compare Minto Apartment value to that of its competitors to determine the firm's financial worth.
Minto Apartment Real is regarded third in price to earning category among its peers. It is regarded fifth in return on asset category among its peers . The ratio of Price To Earning to Return On Asset for Minto Apartment Real is about  306.98 . Return On Assets is likely to gain to -0.04 in 2024. 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 Minto Apartment's earnings, one of the primary drivers of an investment's value.

Minto Return On Asset vs. Price To Earning

Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.

Minto Apartment

P/E

 = 

Market Value Per Share

Earnings Per Share

 = 
6.60 X
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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.

Minto Apartment

Return On Asset

 = 

Net Income

Total Assets

 = 
0.0215
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.

Minto Return On Asset Comparison

Minto Apartment is currently under evaluation in return on asset category among its peers.

Minto Apartment Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Minto Apartment, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Minto Apartment will eventually generate negative long term returns. The profitability progress is the general direction of Minto Apartment's change in net profit over the period of time. It can combine multiple indicators of Minto Apartment, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Operating Income23.2 M22 M
Net Loss-116.7 M-110.8 M
Income Before Tax-116.7 M-110.8 M
Total Other Income Expense Net-139.8 M-132.8 M
Net Income Applicable To Common Shares259.2 M272.2 M
Net Loss-116.7 M-110.8 M
Income Tax Expense-28.6 M-30 M
Net Interest Income-47.5 M-45.1 M
Interest Income7.4 M7.8 M
Change To Netincome-130.1 M-123.6 M
Net Loss(1.78)(1.69)
Income Quality(0.80)(0.76)
Net Income Per E B T 1.55  1.63 

Minto Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Minto Apartment. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Minto Apartment position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Minto Apartment's important profitability drivers and their relationship over time.

Use Minto Apartment in pair-trading

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.

Minto Apartment Pair Trading

Minto Apartment Real Pair Trading Analysis

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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Minto Apartment position

In addition to having Minto Apartment in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Medical Equipment Thematic Idea Now

Medical Equipment
Medical Equipment Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Medical Equipment theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Medical Equipment Theme or any other thematic opportunities.
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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.