| MRD Stock | | | CAD 12.91 0.01 0.08% |
Based on Melcor Developments' profitability indicators, Melcor Developments' profitability may be sliding down. It has an above-average probability of reporting lower numbers next quarter. Profitability indicators assess Melcor Developments' ability to earn profits and add value for shareholders. At this time, Melcor Developments'
Price To Sales Ratio is very stable compared to the past year. As of the 11th of December 2024,
Days Sales Outstanding is likely to grow to 231.69, while
EV To Sales is likely to drop 2.54. At this time, Melcor Developments'
Accumulated Other Comprehensive Income is very stable compared to the past year. As of the 11th of December 2024,
Income Tax Expense is likely to grow to about 15.2
M, while
Operating Income is likely to drop about 65.7
M.
For Melcor Developments profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Melcor Developments to generate income relative to revenue, assets, operating costs, and current equity. These
fundamental indicators attest to how well Melcor Developments utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Melcor Developments's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Melcor Developments 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 Melcor Developments' value and its price as these two are different measures arrived at by different means. Investors typically determine if Melcor Developments is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Melcor Developments' 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.
Melcor Developments Operating Margin vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Melcor Developments's current stock value. Our valuation model uses many indicators to compare Melcor Developments value to that of its competitors to determine the firm's financial worth.
Melcor Developments is regarded
fifth in price to earning category among its peers. It is rated
below average in operating margin category among its peers reporting about
0.06 of Operating Margin per Price To Earning. The ratio of Price To Earning to Operating Margin for Melcor Developments is roughly
17.16 . At this time, Melcor Developments'
Operating Profit Margin is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Melcor Developments by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Melcor Developments' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.
Melcor Operating Margin 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.
Melcor Developments | P/E | = | Market Value Per ShareEarnings Per Share |
| = | 5.97 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.
Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Melcor Developments | Operating Margin | = | Operating IncomeRevenue | X | 100 |
| = | 0.35 % |
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
Melcor Operating Margin Comparison
Melcor Developments is currently under evaluation in operating margin category among its peers.
Melcor Developments Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Melcor Developments, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Melcor Developments will eventually generate negative long term returns. The profitability progress is the general direction of Melcor Developments' change in net profit over the period of time. It can combine
multiple indicators of Melcor Developments, 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.
Melcor Profitability Driver Comparison
Profitability drivers are factors that can directly affect your
investment outlook on Melcor Developments. 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 Melcor Developments 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 Melcor Developments' important profitability drivers and their relationship over time.
Use Melcor Developments 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 Melcor Developments 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 Melcor Developments will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Melcor Developments could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Melcor Developments 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 Melcor Developments - 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 Melcor Developments to buy it.
The correlation of Melcor Developments 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 Melcor Developments moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Melcor Developments 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 Melcor Developments 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 Melcor Developments position
In addition to having Melcor Developments 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.
Coal
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Coal theme has 13 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
Coal Theme or any other
thematic opportunities.
Other Information on Investing in Melcor Stock
To fully project Melcor Developments'
future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the
financial position of Melcor Developments at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Melcor Developments' income statement, its balance sheet, and the statement of cash flows.
Potential Melcor Developments investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Melcor Developments investors may work on each financial statement separately, they are all related. The changes in Melcor Developments's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Melcor Developments'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.
