Multi Ways Holdings Stock Today

MWG Stock   0.31  0.01  3.13%   

Performance

9 of 100

 
Low
 
High
OK

Odds Of Distress

Over 54

 
100  
 
Zero
Average
Multi Ways is trading at 0.31 as of the 29th of March 2024. This is a -3.13 percent down since the beginning of the trading day. The stock's lowest day price was 0.31. Multi Ways has 54 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for Multi Ways Holdings are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of February 2024 and ending today, the 29th of March 2024. Click here to learn more.
Business Domain
Capital Goods
IPO Date
3rd of April 2023
Category
Industrials
Multi Ways is entity of United States. It is traded as Stock on NYSE MKT exchange. The company has 30.84 M outstanding shares of which 917 shares are now shorted by investors with about 0.02 days to cover. More on Multi Ways Holdings

Moving together with Multi Stock

  0.91TRTN-PC Triton InternationalPairCorr
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  0.69TRTN-PE Triton InternationalPairCorr
  0.9TRTN-PA Triton InternationalPairCorr

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Multi 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. Multi Ways' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Multi Ways or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO, Executive DirectorSimon Humphrey
Thematic IdeaRentals (View all Themes)
Old Names[Modern Water plc, InMed Pharmaceuticals Inc, MERITWISE GROUP PUBLIC LTD - (USD), MACQWINTON ORD UNIT]
Business ConcentrationIndustrial Machinery & Supplies & Components, Rental & Leasing Services, Industrials, Rentals, Industrials, Machinery, Specialty Industrial Machinery, Industrials (View all Sectors)
Average Analyst Recommendation
Analysts covering Multi Ways report their recommendations after researching Multi Ways' financial statements, talking to executives and customers, or listening in on Multi Ways' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Multi Ways Holdings. The Multi consensus assessment is calculated by taking the average forecast from all of the analysts covering Multi Ways.
Financial Strength
Based on the key indicators related to Multi Ways' liquidity, profitability, solvency, and operating efficiency, Multi Ways Holdings is performing exceptionally good at this time. It has a great probability to report excellent financial results in April. Financial strength of Multi Ways Holdings is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.02850.0224
Significantly Up
Very volatile
Asset Turnover0.510.65
Significantly Down
Slightly volatile
Gross Profit Margin0.20.23
Fairly Down
Pretty Stable
Total Current Liabilities35.2 M37.1 M
Notably Down
Slightly volatile
Non Current Liabilities Total4.5 M4.8 M
Notably Down
Slightly volatile
Total Assets57.7 M60.7 M
Notably Down
Slightly volatile
Total Current Assets48.1 M50.7 M
Notably Down
Slightly volatile
Multi Ways' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Multi Ways' 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 Multi Ways' financial leverage. It provides some insight into what part of Multi Ways' total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Multi Ways' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Multi Ways deploys its capital and how much of that capital is borrowed.
Liquidity
Multi Ways 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 17.64 M in debt. Debt can assist Multi Ways until it has trouble settling it off, either with new capital or with free cash flow. So, Multi Ways' 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 Multi Ways Holdings sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Multi to invest in growth at high rates of return. When we think about Multi Ways' use of debt, we should always consider it together with cash and equity.

Stock Based Compensation

1.25 Billion
Multi Ways Holdings (MWG) is traded on NYSE MKT Exchange in USA. It is located in 3E Gul Circle, Singapore, Singapore, 629633 and employs 87 people. Multi Ways is listed under Industrial Machinery & Supplies & Components category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a total capitalization of 9.95 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Multi Ways's market, we take the total number of its shares issued and multiply it by Multi Ways'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. Multi Ways Holdings runs under Machinery sector within Industrials industry. The entity has 30.84 M outstanding shares of which 917 shares are now shorted by investors with about 0.02 days to cover. Multi Ways generates positive cash flow from operations, but has no cash available
Check Multi Ways Probability Of Bankruptcy
Ownership Allocation
Multi Ways Holdings maintains a total of 30.84 Million outstanding shares. Multi Ways Holdings secures majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 66.74 % of Multi Ways Holdings outstanding shares that are owned by insiders conveys that they have been buying or selling the stock in recent months in anticipation of some upcoming event. 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 Multi Ownership Details

Multi Stock Price Odds Analysis

In reference to a normal probability distribution, the odds of Multi Ways jumping above the current price in 90 days from now is about 39.75%. The Multi Ways Holdings probability density function shows the probability of Multi Ways stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Multi Ways has a beta of 0.7261. This indicates as returns on the market go up, Multi Ways average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Multi Ways Holdings will be expected to be much smaller as well. Additionally, multi Ways Holdings has an alpha of 0.5665, implying that it can generate a 0.57 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 0.31HorizonTargetOdds Above 0.31
60.13%90 days
 0.31 
39.75%
Based on a normal probability distribution, the odds of Multi Ways to move above the current price in 90 days from now is about 39.75 (This Multi Ways Holdings probability density function shows the probability of Multi Stock to fall within a particular range of prices over 90 days) .

Multi Ways Historical Income Statement

Multi Ways Holdings Income Statement is one of the three primary financial statements used for reporting Multi's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Multi Ways Holdings revenue and expense. Multi Ways Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Multi Ways' EBITDA is most likely to decrease significantly in the upcoming years. The Multi Ways' current Tax Provision is estimated to increase to about 638.8 K, while Interest Expense is projected to decrease to roughly 639.5 K. View More Fundamentals

Multi Stock Against Markets

Picking the right benchmark for Multi Ways 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 Multi Ways 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 Multi Ways is critical whether you are bullish or bearish towards Multi Ways Holdings at a given time. Please also check how Multi Ways' 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 Multi Ways 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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Multi Ways Corporate Directors

Multi Ways corporate directors refer to members of a Multi Ways board of directors. The board of directors generally takes responsibility for the Multi Ways' 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 Multi Ways' board members must vote for the resolution. The Multi Ways board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Stephen HeapsFinance DirectorProfile
Noi LeeChief DirectorProfile
Michael TownendNon-Executive DirectorProfile
Peter NicollTechnical DirectorProfile

How to buy Multi Stock?

Before investing in Multi Ways, 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 Multi Ways. To buy Multi Ways stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Multi Ways. 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 Multi Ways stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Multi Ways Holdings 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 Multi Ways Holdings 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 Multi Ways Holdings, 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. For more information on how to buy Multi Stock please use our How to Invest in Multi Ways guide.

Already Invested in Multi Ways Holdings?

The danger of trading Multi Ways Holdings 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 Multi Ways 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 Multi Ways. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Multi Ways Holdings 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.
When determining whether Multi Ways Holdings is a strong investment it is important to analyze Multi Ways' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Multi Ways' future performance. For an informed investment choice regarding Multi Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Multi Ways Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Multi Ways' price analysis, check to measure Multi Ways' 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 Multi Ways is operating at the current time. Most of Multi Ways' value examination focuses on studying past and present price action to predict the probability of Multi Ways' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Multi Ways' price. Additionally, you may evaluate how the addition of Multi Ways to your portfolios can decrease your overall portfolio volatility.
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Is Multi Ways' 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 Multi Ways. If investors know Multi 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 Multi Ways 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
(0.17)
Earnings Share
(0.16)
Revenue Per Share
1.173
Quarterly Revenue Growth
(0.28)
Return On Assets
(0.05)
The market value of Multi Ways Holdings is measured differently than its book value, which is the value of Multi that is recorded on the company's balance sheet. Investors also form their own opinion of Multi Ways' value that differs from its market value or its book value, called intrinsic value, which is Multi Ways' 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 Multi Ways' market value can be influenced by many factors that don't directly affect Multi Ways' 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 Multi Ways' value and its price as these two are different measures arrived at by different means. Investors typically determine if Multi Ways is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Multi Ways' 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.