Mission Produce Stock Fundamentals
| AVO Stock | USD 11.48 0.04 0.35% |
Mission Produce fundamentals help investors to digest information that contributes to Mission Produce's financial success or failures. It also enables traders to predict the movement of Mission Stock. The fundamental analysis module provides a way to measure Mission Produce'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 Mission Produce stock.
At this time, Mission Produce's Interest Income is very stable compared to the past year. As of the 18th of April 2024, Gross Profit is likely to grow to about 84.1 M, while Tax Provision is likely to drop about 1.9 M. Mission | Select Account or Indicator |
Mission Produce Company Current Valuation Analysis
Mission Produce's 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.
Current Mission Produce Current Valuation | 1.06 B |
Most of Mission Produce's fundamental indicators, such as Current Valuation, 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, Mission Produce is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Mission Current Valuation Historical Pattern
Today, most investors in Mission Produce Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Mission Produce's 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 valuation growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Mission Produce current valuation as a starting point in their analysis.
Mission Produce Current Valuation |
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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.
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In accordance with the recently published financial statements, Mission Produce has a Current Valuation of 1.06 B. This is 94.56% lower than that of the Consumer Staples Distribution & Retail sector and 87.71% lower than that of the Consumer Staples industry. The current valuation for all United States stocks is 93.65% higher than that of the company.
Mission Produce Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Mission Produce's current stock value. Our valuation model uses many indicators to compare Mission Produce value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mission Produce competition to find correlations between indicators driving Mission Produce's intrinsic value. More Info.Mission Produce 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 reporting about 0.92 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Mission Produce is roughly 1.09 . At this time, Mission Produce's Return On Equity is very stable compared to the past year.Comparative valuation analysis is a catch-all model that can be used if you cannot value Mission Produce by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Mission Produce'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 Mission Produce's earnings, one of the primary drivers of an investment's value.Mission Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Mission Produce's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Mission Produce could also be used in its relative valuation, which is a method of valuing Mission Produce by comparing valuation metrics of similar companies.Mission Produce is currently under evaluation in current valuation category among related companies.
Mission Produce Current Valuation Drivers
We derive many important indicators used in calculating different scores of Mission Produce from analyzing Mission Produce's financial statements. These drivers represent accounts that assess Mission Produce's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Mission Produce's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 930.6M | 1.4B | 1.2B | 665.8M | 765.6M | 1.1B | |
| Enterprise Value | 985.2M | 1.5B | 1.3B | 875.6M | 1.0B | 1.3B |
Mission Fundamentals
| Return On Equity | 0.0182 | ||||
| Return On Asset | 0.0167 | ||||
| Profit Margin | 0.01 % | ||||
| Operating Margin | 0.03 % | ||||
| Current Valuation | 1.06 B | ||||
| Shares Outstanding | 70.85 M | ||||
| Shares Owned By Insiders | 38.94 % | ||||
| Shares Owned By Institutions | 29.89 % | ||||
| Number Of Shares Shorted | 1.26 M | ||||
| Price To Earning | 26.08 X | ||||
| Price To Book | 1.59 X | ||||
| Price To Sales | 0.80 X | ||||
| Revenue | 953.9 M | ||||
| Gross Profit | 89.8 M | ||||
| EBITDA | 43.5 M | ||||
| Net Income | (3.1 M) | ||||
| Cash And Equivalents | 43.8 M | ||||
| Cash Per Share | 0.62 X | ||||
| Total Debt | 252.7 M | ||||
| Debt To Equity | 0.41 % | ||||
| Current Ratio | 2.17 X | ||||
| Book Value Per Share | 7.13 X | ||||
| Cash Flow From Operations | 29.2 M | ||||
| Short Ratio | 5.22 X | ||||
| Earnings Per Share | 0.08 X | ||||
| Price To Earnings To Growth | 5.01 X | ||||
| Target Price | 14.0 | ||||
| Number Of Employees | 3.3 K | ||||
| Beta | 0.5 | ||||
| Market Capitalization | 811.91 M | ||||
| Total Asset | 914.8 M | ||||
| Retained Earnings | 271 M | ||||
| Working Capital | 122.6 M | ||||
| Net Asset | 914.8 M |
About Mission Produce Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Mission Produce's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mission Produce using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mission Produce 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.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 1.4 M | 1.4 M | |
| Total Revenue | 1.1 B | 1 B | |
| Cost Of Revenue | 1 B | 892.1 M | |
| Stock Based Compensation To Revenue | 0 | 0 | |
| Sales General And Administrative To Revenue | 0.07 | 0.05 | |
| Research And Ddevelopement To Revenue | 0.0005 | 0.0005 | |
| Capex To Revenue | (0.06) | (0.06) | |
| Revenue Per Share | 12.13 | 10.41 | |
| Ebit Per Revenue | 0.01 | 0.01 |
Pair Trading with Mission Produce
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 Mission Produce 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 Mission Produce will appreciate offsetting losses from the drop in the long position's value.Moving together with Mission Stock
| 0.87 | BJ | BJs Wholesale Club Financial Report 28th of May 2024 | PairCorr |
| 0.85 | DG | Dollar General Financial Report 6th of June 2024 | PairCorr |
| 0.9 | TGT | Target Financial Report 15th of May 2024 | PairCorr |
| 0.87 | WMT | Walmart Financial Report 16th of May 2024 | PairCorr |
Moving against Mission Stock
| 0.83 | IH | IhumanInc | PairCorr |
| 0.64 | GV | Visionary Education Symbol Change | PairCorr |
| 0.55 | YI | 111 Inc | PairCorr |
| 0.44 | LW | Lamb Weston Holdings Sell-off Trend | PairCorr |
| 0.42 | DLTR | Dollar Tree Financial Report 23rd of May 2024 | PairCorr |
The ability to find closely correlated positions to Mission Produce could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mission Produce 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 Mission Produce - 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 Mission Produce to buy it.
The correlation of Mission Produce 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 Mission Produce moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mission Produce 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 Mission Produce 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.Check out Mission Produce Piotroski F Score and Mission Produce Altman Z Score analysis. To learn how to invest in Mission Stock, please use our How to Invest in Mission Produce guide.You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Complementary Tools for Mission Stock analysis
When running Mission Produce's price analysis, check to measure Mission Produce'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 Mission Produce is operating at the current time. Most of Mission Produce's value examination focuses on studying past and present price action to predict the probability of Mission Produce's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mission Produce's price. Additionally, you may evaluate how the addition of Mission Produce to your portfolios can decrease your overall portfolio volatility.
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Is Mission Produce'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 Mission Produce. If investors know Mission 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 Mission Produce 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 (0.65) | Earnings Share 0.08 | Revenue Per Share 14.118 | Quarterly Revenue Growth 0.212 | Return On Assets 0.0167 |
The market value of Mission Produce is measured differently than its book value, which is the value of Mission that is recorded on the company's balance sheet. Investors also form their own opinion of Mission Produce's value that differs from its market value or its book value, called intrinsic value, which is Mission Produce'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 Mission Produce's market value can be influenced by many factors that don't directly affect Mission Produce'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 Mission Produce's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mission Produce is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mission Produce'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.