Mueller Industries Stock Current Asset
| MLI Stock | USD 56.09 0.27 0.48% |
Mueller Industries fundamentals help investors to digest information that contributes to Mueller Industries' financial success or failures. It also enables traders to predict the movement of Mueller Stock. The fundamental analysis module provides a way to measure Mueller Industries' 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 Mueller Industries stock.
The Mueller Industries' current Total Current Assets is estimated to increase to about 2.1 B, while Non Current Assets Total are projected to decrease to under 491.7 M. Mueller | Current Asset |
Mueller Industries Company Current Asset Analysis
Mueller Industries' Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Current Mueller Industries Current Asset | 624.28 M |
Most of Mueller Industries' fundamental indicators, such as Current 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, Mueller Industries is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Mueller Current Asset Historical Pattern
Today, most investors in Mueller Industries Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Mueller Industries' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Mueller Industries current asset as a starting point in their analysis.
Mueller Industries Current Asset |
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Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
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Mueller Total Assets
Total Assets |
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In accordance with the recently published financial statements, Mueller Industries has a Current Asset of 624.28 M. This is 48.3% lower than that of the Machinery sector and 33.21% higher than that of the Industrials industry. The current asset for all United States stocks is 93.31% higher than that of the company.
Mueller Current Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Mueller Industries' direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Mueller Industries could also be used in its relative valuation, which is a method of valuing Mueller Industries by comparing valuation metrics of similar companies.Mueller Industries is currently under evaluation in current asset category among related companies.
Mueller Fundamentals
| Return On Equity | 0.26 | |||
| Return On Asset | 0.16 | |||
| Profit Margin | 0.17 % | |||
| Operating Margin | 0.22 % | |||
| Current Valuation | 5.04 B | |||
| Shares Outstanding | 113.6 M | |||
| Shares Owned By Insiders | 2.51 % | |||
| Shares Owned By Institutions | 96.93 % | |||
| Number Of Shares Shorted | 5.14 M | |||
| Price To Earning | 5.95 X | |||
| Price To Book | 2.51 X | |||
| Price To Sales | 1.72 X | |||
| Revenue | 3.42 B | |||
| Gross Profit | 1.12 B | |||
| EBITDA | 776.62 M | |||
| Net Income | 602.9 M | |||
| Cash And Equivalents | 461.02 M | |||
| Cash Per Share | 8.50 X | |||
| Total Debt | 35.56 M | |||
| Debt To Equity | 0.01 % | |||
| Current Ratio | 3.79 X | |||
| Book Value Per Share | 21.34 X | |||
| Cash Flow From Operations | 673.86 M | |||
| Short Ratio | 7.70 X | |||
| Earnings Per Share | 4.97 X | |||
| Target Price | 50.0 | |||
| Number Of Employees | 4.51 K | |||
| Beta | 1.11 | |||
| Market Capitalization | 6.34 B | |||
| Total Asset | 2.76 B | |||
| Retained Earnings | 2.59 B | |||
| Working Capital | 1.72 B | |||
| Current Asset | 624.28 M | |||
| Current Liabilities | 263.68 M | |||
| Annual Yield | 0.01 % | |||
| Five Year Return | 1.28 % | |||
| Net Asset | 2.76 B | |||
| Last Dividend Paid | 0.65 |
About Mueller Industries Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Mueller Industries's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mueller Industries using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mueller Industries based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Try AI Portfolio ArchitectCheck out Mueller Industries Piotroski F Score and Mueller Industries Altman Z Score analysis. For more detail on how to invest in Mueller Stock please use our How to Invest in Mueller Industries guide.You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
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When running Mueller Industries' price analysis, check to measure Mueller Industries' 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 Mueller Industries is operating at the current time. Most of Mueller Industries' value examination focuses on studying past and present price action to predict the probability of Mueller Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mueller Industries' price. Additionally, you may evaluate how the addition of Mueller Industries to your portfolios can decrease your overall portfolio volatility.
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Is Mueller Industries' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mueller Industries. If investors know Mueller will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mueller Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.21) | Dividend Share 0.65 | Earnings Share 4.97 | Revenue Per Share 29.605 | Quarterly Revenue Growth (0.12) |
The market value of Mueller Industries is measured differently than its book value, which is the value of Mueller that is recorded on the company's balance sheet. Investors also form their own opinion of Mueller Industries' value that differs from its market value or its book value, called intrinsic value, which is Mueller Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mueller Industries' market value can be influenced by many factors that don't directly affect Mueller Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mueller Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mueller Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mueller Industries' 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.