Mill City Ventures Stock Price To Book
| MCVT Stock | USD 2.50 0.18 6.72% |
Mill City Ventures fundamentals help investors to digest information that contributes to Mill City's financial success or failures. It also enables traders to predict the movement of Mill Stock. The fundamental analysis module provides a way to measure Mill City'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 Mill City stock.
Price To Book Ratio is likely to drop to 0.55 in 2024. Mill | Price To Book |
Mill City Ventures Company Price To Book Analysis
Mill City's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current Mill City Price To Book | 0.88 X |
Most of Mill City's fundamental indicators, such as Price To Book, 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, Mill City Ventures is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Mill Price To Book Driver Correlations
Understanding the fundamental principles of building solid financial models for Mill City is extremely important. It helps to project a fair market value of Mill Stock properly, considering its historical fundamentals such as Price To Book. Since Mill City's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Mill City's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Mill City's interrelated accounts and indicators.
Click cells to compare fundamentals
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
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Mill Book Value Per Share
Book Value Per Share |
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Based on the latest financial disclosure, Mill City Ventures has a Price To Book of 0.8759 times. This is 80.88% lower than that of the Financial Services sector and 81.12% lower than that of the Financials industry. The price to book for all United States stocks is 90.79% higher than that of the company.
Mill Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Mill City's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Mill City could also be used in its relative valuation, which is a method of valuing Mill City by comparing valuation metrics of similar companies.Mill City is currently under evaluation in price to book category among related companies.
Mill City Current Valuation Drivers
We derive many important indicators used in calculating different scores of Mill City from analyzing Mill City's financial statements. These drivers represent accounts that assess Mill City's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Mill City's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 2.9M | 12.7M | 17.5M | 10.9M | 15.3M | 16.1M | |
| Enterprise Value | (5.1M) | 7.3M | 15.6M | 9.9M | 14.9M | 15.7M |
Mill City ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Mill City's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Mill City's managers, analysts, and investors.Environmental | Governance | Social |
Mill Fundamentals
| Return On Equity | -0.0639 | ||||
| Return On Asset | -0.0113 | ||||
| Profit Margin | (0.35) % | ||||
| Operating Margin | (0.04) % | ||||
| Current Valuation | 16.71 M | ||||
| Shares Outstanding | 6.39 M | ||||
| Shares Owned By Insiders | 64.30 % | ||||
| Shares Owned By Institutions | 0.50 % | ||||
| Number Of Shares Shorted | 11.44 K | ||||
| Price To Earning | 5.68 X | ||||
| Price To Book | 0.88 X | ||||
| Price To Sales | 4.94 X | ||||
| Revenue | 2.74 M | ||||
| Gross Profit | 4.2 M | ||||
| EBITDA | (1.54 M) | ||||
| Net Income | (1.17 M) | ||||
| Cash And Equivalents | 629.57 K | ||||
| Cash Per Share | 0.10 X | ||||
| Total Debt | 9.28 K | ||||
| Debt To Equity | 0.14 % | ||||
| Current Ratio | 5.19 X | ||||
| Book Value Per Share | 2.91 X | ||||
| Cash Flow From Operations | 638.69 K | ||||
| Short Ratio | 16.73 X | ||||
| Earnings Per Share | (0.18) X | ||||
| Beta | 1.02 | ||||
| Market Capitalization | 17.08 M | ||||
| Total Asset | 19.11 M | ||||
| Retained Earnings | (3.5 M) | ||||
| Net Asset | 19.11 M |
About Mill City Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Mill City Ventures's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mill City using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mill City Ventures 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.
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 Mill City 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, Mill City's short interest history, or implied volatility extrapolated from Mill City options trading.
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Complementary Tools for Mill Stock analysis
When running Mill City's price analysis, check to measure Mill City'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 Mill City is operating at the current time. Most of Mill City's value examination focuses on studying past and present price action to predict the probability of Mill City's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mill City's price. Additionally, you may evaluate how the addition of Mill City to your portfolios can decrease your overall portfolio volatility.
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Is Mill City'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 Mill City. If investors know Mill 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 Mill City 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 (0.89) | Earnings Share (0.18) | Revenue Per Share 0.528 | Quarterly Revenue Growth (0.05) | Return On Assets (0.01) |
The market value of Mill City Ventures is measured differently than its book value, which is the value of Mill that is recorded on the company's balance sheet. Investors also form their own opinion of Mill City's value that differs from its market value or its book value, called intrinsic value, which is Mill City'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 Mill City's market value can be influenced by many factors that don't directly affect Mill City'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 Mill City's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mill City is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mill City'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.