Mty Food Group Stock Today

MTY Stock  CAD 51.72  0.08  0.15%   

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Odds Of Distress

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MTY Food is selling at 51.72 as of the 28th of March 2024; that is 0.15 percent increase since the beginning of the trading day. The stock's open price was 51.64. MTY Food has only a 6 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Equity ratings for MTY Food Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of April 2022 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Consumer Services
Category
Consumer Cyclical
Classification
Consumer Discretionary
MTY Food Group Inc. franchises and operates quick-service, fast-casual, and casual dining restaurants in Canada, the United States, and internationally. MTY Food Group Inc. was founded in 1979 and is headquartered in Saint-Laurent, Canada. MTY FOOD operates under Restaurants classification in Canada and is traded on Toronto Stock Exchange. The company has 24.31 M outstanding shares of which 232.46 K shares are now shorted by private and institutional investors with about 3.71 days to cover all short positions. More on MTY Food Group

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MTY Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. MTY Food's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding MTY Food or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOEric Lefebvre
Thematic IdeaNatural Foods (View all Themes)
Business ConcentrationHotels, Restaurants & Leisure, Consumer Services, Consumer Discretionary, Natural Foods, Consumer Discretionary, Hotels, Restaurants & Leisure, Restaurants, Consumer Cyclical (View all Sectors)
MTY Food's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to MTY Food's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand MTY Food's financial leverage. It provides some insight into what part of MTY Food's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on MTY Food's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how MTY Food deploys its capital and how much of that capital is borrowed.
Liquidity
MTY Food cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has accumulated 10.43 M in total debt with debt to equity ratio (D/E) of 1.05, which is about average as compared to similar companies. MTY Food Group has a current ratio of 0.63, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist MTY Food until it has trouble settling it off, either with new capital or with free cash flow. So, MTY Food's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like MTY Food Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for MTY to invest in growth at high rates of return. When we think about MTY Food's use of debt, we should always consider it together with cash and equity.

Other Non Cash Items

69.29 Million
MTY Food Group (MTY) is traded on Toronto Exchange in Canada and employs 7,326 people. MTY Food is listed under Hotels, Restaurants & Leisure category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.26 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate MTY Food's market, we take the total number of its shares issued and multiply it by MTY Food's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. MTY Food Group operates under Hotels, Restaurants & Leisure sector and is part of Consumer Discretionary industry. The entity has 24.31 M outstanding shares of which 232.46 K shares are now shorted by private and institutional investors with about 3.71 days to cover all short positions. MTY Food Group has accumulated about 55.29 M in cash with 184.59 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.27.
Check MTY Food Probability Of Bankruptcy
Ownership Allocation
MTY Food Group maintains a total of 24.31 Million outstanding shares. MTY Food Group secures significant amount of outstanding shares owned by insiders and institutional investors .Since such a large part of the company is not owned by regular investors, we recommend to check if there were significant buying or selling the MTY Food stock in recent months. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check MTY Ownership Details

MTY Stock Price Odds Analysis

Contingent on a normal probability distribution, the odds of MTY Food jumping above the current price in 90 days from now is about 79.51%. The MTY Food Group probability density function shows the probability of MTY Food stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon MTY Food has a beta of 0.3133. This indicates as returns on the market go up, MTY Food average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding MTY Food Group will be expected to be much smaller as well. Additionally, mTY Food Group has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 51.72HorizonTargetOdds Above 51.72
20.33%90 days
 51.72 
79.51%
Based on a normal probability distribution, the odds of MTY Food to move above the current price in 90 days from now is about 79.51 (This MTY Food Group probability density function shows the probability of MTY Stock to fall within a particular range of prices over 90 days) .

MTY Food Historical Income Statement

MTY Food Group Income Statement is one of the three primary financial statements used for reporting MTY's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of MTY Food Group revenue and expense. MTY Food Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, MTY Food's Operating Income is very stable compared to the past year. As of the 28th of March 2024, EBIT is likely to grow to about 161.3 M, while Total Other Income Expense Net is likely to drop (8.3 M). View More Fundamentals

MTY Stock Against Markets

Picking the right benchmark for MTY Food stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in MTY Food stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for MTY Food is critical whether you are bullish or bearish towards MTY Food Group at a given time. Please also check how MTY Food's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in MTY Food without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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MTY Food Corporate Directors

MTY Food corporate directors refer to members of a MTY Food board of directors. The board of directors generally takes responsibility for the MTY Food's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of MTY Food's board members must vote for the resolution. The MTY Food board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Murat ArmutluIndependent DirectorProfile
David WongIndependent DirectorProfile
Gary OConnorIndependent DirectorProfile
Dickie OrrIndependent DirectorProfile

How to buy MTY Stock?

Before investing in MTY Food, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in MTY Food. To buy MTY Food stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of MTY Food. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase MTY Food stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located MTY Food Group stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased MTY Food Group stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as MTY Food Group, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in MTY Food Group?

The danger of trading MTY Food Group is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of MTY Food is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than MTY Food. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile MTY Food Group is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MTY Food Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

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When running MTY Food's price analysis, check to measure MTY Food'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 MTY Food is operating at the current time. Most of MTY Food's value examination focuses on studying past and present price action to predict the probability of MTY Food's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MTY Food's price. Additionally, you may evaluate how the addition of MTY Food to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between MTY Food's value and its price as these two are different measures arrived at by different means. Investors typically determine if MTY Food is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MTY Food'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.