Millennium Healthcare Stock Fundamentals
Millennium Healthcare fundamentals help investors to digest information that contributes to Millennium Healthcare's financial success or failures. It also enables traders to predict the movement of Millennium Stock. The fundamental analysis module provides a way to measure Millennium Healthcare's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Millennium Healthcare stock.
Millennium |
Millennium Healthcare Company Return On Asset Analysis
Millennium Healthcare's 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.
Current Millennium Healthcare Return On Asset | -375.92 |
Most of Millennium Healthcare's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Millennium Healthcare is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
CompetitionBased on the latest financial disclosure, Millennium Healthcare has a Return On Asset of -375.92. This is much lower than that of the sector and significantly lower than that of the Return On Asset industry. The return on asset for all United States stocks is notably higher than that of the company.
Millennium Healthcare Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Millennium Healthcare's current stock value. Our valuation model uses many indicators to compare Millennium Healthcare value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Millennium Healthcare competition to find correlations between indicators driving Millennium Healthcare's intrinsic value. More Info.Millennium Healthcare is rated below average in return on equity category among related companies. It is rated below average in return on asset category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value Millennium Healthcare by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Millennium Healthcare'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. 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 Millennium Healthcare's earnings, one of the primary drivers of an investment's value.Millennium Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Millennium Healthcare's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Millennium Healthcare could also be used in its relative valuation, which is a method of valuing Millennium Healthcare by comparing valuation metrics of similar companies.Millennium Healthcare is currently under evaluation in return on asset category among related companies.
Millennium Fundamentals
| Return On Equity | -9149.6 | |||
| Return On Asset | -375.92 | |||
| Operating Margin | 492.30 % | |||
| Current Valuation | 4.88 M | |||
| Shares Outstanding | 1.27 B | |||
| Price To Book | 8.12 X | |||
| Price To Sales | (0.16) X | |||
| Revenue | (4.76 M) | |||
| Gross Profit | (4.76 M) | |||
| EBITDA | (23.27 M) | |||
| Net Income | (40.12 M) | |||
| Cash And Equivalents | 21.98 K | |||
| Total Debt | 4.13 M | |||
| Debt To Equity | 0.54 % | |||
| Current Ratio | 0.01 X | |||
| Book Value Per Share | (0.05) X | |||
| Cash Flow From Operations | (2.2 M) | |||
| Short Ratio | 0.01 X | |||
| Earnings Per Share | (0.13) X | |||
| Beta | -147.38 | |||
| Market Capitalization | 508.65 K | |||
| Total Asset | 552 K | |||
| Retained Earnings | (116.5 M) | |||
| Working Capital | (34.84 M) | |||
| Current Asset | 239 K | |||
| Current Liabilities | 35.08 M |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Millennium Healthcare in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Millennium Healthcare's short interest history, or implied volatility extrapolated from Millennium Healthcare options trading.
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Millennium Healthcare information on this page should be used as a complementary analysis to other Millennium Healthcare's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Other Consideration for investing in Millennium Stock
If you are still planning to invest in Millennium Healthcare 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 Millennium Healthcare's history and understand the potential risks before investing.
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