Maverix Metals EBITDA vs. Current Valuation
Based on Maverix Metals' profitability indicators, Maverix Metals may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess Maverix Metals' ability to earn profits and add value for shareholders.
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 population.
For Maverix Metals profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Maverix Metals to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Maverix Metals utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Maverix Metals's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Maverix Metals over time as well as its relative position and ranking within its peers.
Maverix |
Maverix Metals Current Valuation vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Maverix Metals's current stock value. Our valuation model uses many indicators to compare Maverix Metals value to that of its competitors to determine the firm's financial worth. Maverix Metals is considered to be number one stock in ebitda category among its peers. It also is rated top company in current valuation category among its peers reporting about 12.41 of Current Valuation per EBITDA. 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 Maverix Metals' earnings, one of the primary drivers of an investment's value.Maverix Current Valuation vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Maverix Metals |
| = | 53.53 M |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
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.
Maverix Metals |
| = | 664.24 M |
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.
Maverix Current Valuation vs Competition
Maverix Metals is rated top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Materials industry is now estimated at about 13.71 Billion. Maverix Metals holds roughly 664.24 Million in current valuation claiming about 5% of all equities under Materials industry.
Maverix Metals Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Maverix Metals, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Maverix Metals will eventually generate negative long term returns. The profitability progress is the general direction of Maverix Metals' change in net profit over the period of time. It can combine multiple indicators of Maverix Metals, 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.
Maverix Metals Inc., together with its subsidiaries, operates as a precious metals royalty and streaming company in Canada. The company was incorporated in 2016 and is headquartered in Vancouver, Canada. Maverix Metals operates under Other Precious Metals Mining classification in the United States and is traded on AMEX Exchange. It employs 9 people.
Maverix Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Maverix Metals. 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 Maverix Metals 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 Maverix Metals' important profitability drivers and their relationship over time.
Use Maverix Metals 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 Maverix Metals 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 Maverix Metals will appreciate offsetting losses from the drop in the long position's value.Maverix Metals Pair Trading
Maverix Metals Pair Trading Analysis
The ability to find closely correlated positions to Maverix Metals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Maverix Metals 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 Maverix Metals - 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 Maverix Metals to buy it.
The correlation of Maverix Metals 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 Maverix Metals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Maverix Metals 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 Maverix Metals 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.Use Investing Themes to Complement your Maverix Metals position
In addition to having Maverix Metals 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
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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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 population. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Other Consideration for investing in Maverix Stock
If you are still planning to invest in Maverix Metals 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 Maverix Metals' history and understand the potential risks before investing.
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