MasTec Current Valuation vs. One Year High

MTZ Stock  USD 93.25  0.48  0.51%   
Based on the measurements of profitability obtained from MasTec's financial statements, MasTec Inc may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in April. Profitability indicators assess MasTec's ability to earn profits and add value for shareholders. Price To Sales Ratio is likely to rise to 0.76 in 2024. Operating Cash Flow Sales Ratio is likely to rise to 0.06 in 2024. Net Income Per E B T is likely to rise to 0.95 in 2024, whereas Accumulated Other Comprehensive Income is likely to drop (55.6 M) in 2024.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.06230.0656
Notably Down
Slightly volatile
For MasTec profitability analysis, we use financial ratios and fundamental drivers that measure the ability of MasTec to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well MasTec Inc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between MasTec's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of MasTec Inc over time as well as its relative position and ranking within its peers.
  
Check out Correlation Analysis.
Is MasTec's 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 MasTec. If investors know MasTec 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 MasTec 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
(0.88)
Earnings Share
(0.64)
Revenue Per Share
154.716
Quarterly Revenue Growth
0.09
Return On Assets
0.0102
The market value of MasTec Inc is measured differently than its book value, which is the value of MasTec that is recorded on the company's balance sheet. Investors also form their own opinion of MasTec's value that differs from its market value or its book value, called intrinsic value, which is MasTec's 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 MasTec's market value can be influenced by many factors that don't directly affect MasTec's 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 MasTec's value and its price as these two are different measures arrived at by different means. Investors typically determine if MasTec is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MasTec'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.

MasTec Inc One Year High vs. Current Valuation Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining MasTec's current stock value. Our valuation model uses many indicators to compare MasTec value to that of its competitors to determine the firm's financial worth.
MasTec Inc is rated top company in current valuation category among related companies. It is currently under evaluation in category among related companies . At this time, MasTec's Non Currrent Assets Other are fairly stable compared to the past year. Cash And Short Term Investments is likely to rise to about 556 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 61 M in 2024.. Comparative valuation analysis is a catch-all model that can be used if you cannot value MasTec by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for MasTec'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 MasTec's earnings, one of the primary drivers of an investment's value.

MasTec Current Valuation vs. Competition

MasTec Inc is rated top company in current valuation category among related companies. After adjusting for long-term liabilities, total market size of Industrials industry is now estimated at about 222.5 Billion. MasTec holds roughly 10.4 Billion in current valuation claiming about 5% of equities under Industrials industry.

MasTec One Year High vs. Current Valuation

Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.

MasTec

Enterprise Value

 = 

Market Cap + Debt

-

Cash

 = 
10.4 B
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
One Year High typically refers to the highest price that a given equity instrument has reached in the last 52 weeks. In other words, it is the highest price that investors paid or were willing to pay for a given stock, fund, or ETF over the past 52 weeks of trading.

MasTec

One Year High

=

Highest Price in the Last 52 Weeks

 = 
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Year High value is used as an indicator to give investors an idea of how given equity may perform over mid or longer-term horizons. The One Year High may be utilized as a naive indicator of how the value of a stock is resistant or elastic over the long term investment horizon. For example, if the price of a fund or ETF is near a new One Year High, a rational investor may interpret it as a turning point and trade the instrument away or buy additional shares.

MasTec One Year High Comparison

MasTec is currently under evaluation in one year high category among related companies.

MasTec Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in MasTec, profitability is also one of the essential criteria for including it into their portfolios because, without profit, MasTec will eventually generate negative long term returns. The profitability progress is the general direction of MasTec's change in net profit over the period of time. It can combine multiple indicators of MasTec, 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 2024
Accumulated Other Comprehensive Income-53 M-55.6 M
Operating Income152 M147.9 M
Income Before Tax-82.7 M-78.6 M
Total Other Income Expense Net-234.7 M-223 M
Net Loss-49.9 M-47.5 M
Income Tax Expense-35.4 M-33.6 M
Net Income Applicable To Common Shares38.4 M36.4 M
Net Loss-45.1 M-42.9 M
Non Operating Income Net Other34.7 M24.8 M
Interest Income95.9 M52.7 M
Net Interest Income-224.6 M-213.4 M
Change To Netincome-24.1 M-22.9 M
Net Income Per E B T 0.60  0.95 

MasTec Profitability Driver Comparison

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

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

MasTec Pair Trading

MasTec Inc Pair Trading Analysis

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

In addition to having MasTec 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.

Did You Try This Idea?

Run Moderate Funds Thematic Idea Now

Moderate Funds
Moderate Funds Theme
Funds or Etfs that combine stocks, bonds and money market instruments to get modest capital appreciation over time. The Moderate Funds theme has 40 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 Moderate Funds Theme or any other thematic opportunities.
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When determining whether MasTec Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MasTec's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mastec Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mastec Inc Stock:
Check out Correlation Analysis.
You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

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When running MasTec's price analysis, check to measure MasTec'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 MasTec is operating at the current time. Most of MasTec's value examination focuses on studying past and present price action to predict the probability of MasTec's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MasTec's price. Additionally, you may evaluate how the addition of MasTec to your portfolios can decrease your overall portfolio volatility.
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To fully project MasTec's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of MasTec Inc 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 MasTec's income statement, its balance sheet, and the statement of cash flows.
Potential MasTec investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although MasTec investors may work on each financial statement separately, they are all related. The changes in MasTec's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on MasTec'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.