Morguard Real Price To Sales vs. Return On Equity

MRT-UN Stock  CAD 5.53  0.01  0.18%   
Taking into consideration Morguard Real's profitability measurements, Morguard Real Estate may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Morguard Real's ability to earn profits and add value for shareholders.

Morguard Real Price To Sales Ratio

1.28

At present, Morguard Real's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Operating Cash Flow Sales Ratio is expected to grow to 0.26, whereas Price To Sales Ratio is forecasted to decline to 1.28. At present, Morguard Real's Income Tax Expense is projected to decrease significantly based on the last few years of reporting. The current year's Change To Netincome is expected to grow to about 185.6 M, whereas Accumulated Other Comprehensive Income is forecasted to decline to about 7.5 M.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.610.4939
Fairly Up
Slightly volatile
For Morguard Real profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Morguard Real to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Morguard Real Estate utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Morguard Real's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Morguard Real Estate 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 Morguard Real's value and its price as these two are different measures arrived at by different means. Investors typically determine if Morguard Real is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Morguard Real'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.

Morguard Real Estate Return On Equity vs. Price To Sales Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Morguard Real's current stock value. Our valuation model uses many indicators to compare Morguard Real value to that of its competitors to determine the firm's financial worth.
Morguard Real Estate is regarded fifth in price to sales category among its peers. It is regarded third in return on equity category among its peers . At present, Morguard Real's Price To Sales Ratio is projected to slightly decrease based on the last few years of reporting. Comparative valuation analysis is a catch-all model that can be used if you cannot value Morguard Real by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Morguard Real's 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.

Morguard Return On Equity vs. Price To Sales

Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

Morguard Real

P/S

 = 

MV Per Share

Revenue Per Share

 = 
1.39 X
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Morguard Real

Return On Equity

 = 

Net Income

Total Equity

 = 
-0.0535
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.

Morguard Return On Equity Comparison

Morguard Real is currently under evaluation in return on equity category among its peers.

Morguard Real Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Morguard Real, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Morguard Real will eventually generate negative long term returns. The profitability progress is the general direction of Morguard Real's change in net profit over the period of time. It can combine multiple indicators of Morguard Real, 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
Accumulated Other Comprehensive Income7.9 M7.5 M
Operating Income-15.1 M-14.3 M
Net Loss-74.4 M-70.7 M
Income Tax Expense59.3 M98.9 M
Total Other Income Expense Net-59.4 M-62.3 M
Income Before Tax-74.4 M-70.7 M
Net Loss-74.4 M-70.7 M
Net Loss-77.5 M-73.6 M
Net Interest Income-62.8 M-66 M
Change To Netincome176.8 M185.6 M
Net Loss(1.16)(1.10)
Income Quality(0.89)(0.85)
Net Income Per E B T 1.84  1.94 

Morguard Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Morguard Real. 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 Morguard Real 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 Morguard Real's important profitability drivers and their relationship over time.

Use Morguard Real 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 Morguard Real 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 Morguard Real will appreciate offsetting losses from the drop in the long position's value.

Morguard Real Pair Trading

Morguard Real Estate Pair Trading Analysis

The ability to find closely correlated positions to Morguard Real could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Morguard Real 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 Morguard Real - 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 Morguard Real Estate to buy it.
The correlation of Morguard Real 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 Morguard Real moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Morguard Real Estate 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 Morguard Real 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 Morguard Real position

In addition to having Morguard Real 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.

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Iron
Iron Theme
Companies involved in production of steel and iron. The Iron theme has 48 constituents at this time.
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Other Information on Investing in Morguard Stock

To fully project Morguard Real's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Morguard Real Estate 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 Morguard Real's income statement, its balance sheet, and the statement of cash flows.
Potential Morguard Real investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Morguard Real investors may work on each financial statement separately, they are all related. The changes in Morguard Real's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Morguard Real'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.