Millennium Group International Stock Fundamentals
| MGIH Stock | 1.68 0.02 1.18% |
Millennium Group International fundamentals help investors to digest information that contributes to Millennium Group's financial success or failures. It also enables traders to predict the movement of Millennium Stock. The fundamental analysis module provides a way to measure Millennium Group'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 Millennium Group stock.
As of now, Millennium Group's Other Operating Expenses is decreasing as compared to previous years. The Millennium Group's current Cost Of Revenue is estimated to increase to about 35.4 M, while Interest Expense is projected to decrease to under 577.3 K. Millennium | Select Account or Indicator |
Millennium Group International Company Return On Asset Analysis
Millennium Group's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Millennium Group Return On Asset | -0.022 |
Most of Millennium Group's fundamental indicators, such as Return On 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, Millennium Group International is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Millennium Total Assets
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Based on the latest financial disclosure, Millennium Group International has a Return On Asset of -0.022. This is 95.69% lower than that of the Metals & Mining sector and significantly lower than that of the Materials industry. The return on asset for all United States stocks is 84.29% lower than that of the firm.
Millennium Group Int Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Millennium Group's current stock value. Our valuation model uses many indicators to compare Millennium Group value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Millennium Group competition to find correlations between indicators driving Millennium Group's intrinsic value. More Info.Millennium Group International is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . As of now, Millennium Group's Return On Equity is decreasing as compared to previous years. 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 Millennium Group's earnings, one of the primary drivers of an investment's value.Millennium Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Millennium Group's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Millennium Group could also be used in its relative valuation, which is a method of valuing Millennium Group by comparing valuation metrics of similar companies.Millennium Group is currently under evaluation in return on asset category among its peers.
Millennium Fundamentals
| Return On Equity | -0.0554 | ||||
| Return On Asset | -0.022 | ||||
| Profit Margin | (0.05) % | ||||
| Operating Margin | (0.02) % | ||||
| Current Valuation | 9.44 M | ||||
| Shares Outstanding | 11.25 M | ||||
| Shares Owned By Insiders | 88.88 % | ||||
| Shares Owned By Institutions | 0.35 % | ||||
| Number Of Shares Shorted | 708 | ||||
| Price To Book | 0.47 X | ||||
| Price To Sales | 0.44 X | ||||
| Revenue | 45.6 M | ||||
| Gross Profit | 16.27 M | ||||
| EBITDA | 1.96 M | ||||
| Net Income | (354.11 K) | ||||
| Total Debt | 13.6 M | ||||
| Book Value Per Share | 3.54 X | ||||
| Cash Flow From Operations | 8.11 M | ||||
| Short Ratio | 0.02 X | ||||
| Earnings Per Share | (0.20) X | ||||
| Number Of Employees | 792 | ||||
| Market Capitalization | 18.9 M | ||||
| Total Asset | 59.04 M | ||||
| Retained Earnings | 8.27 M | ||||
| Working Capital | 25.36 M | ||||
| Net Asset | 59.04 M |
About Millennium Group Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Millennium Group International's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Millennium Group using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Millennium Group International 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 | 105.4 K | 100.4 K | |
| Total Revenue | 41 M | 47.4 M | |
| Cost Of Revenue | 32.9 M | 35.4 M | |
| Sales General And Administrative To Revenue | 0.10 | 0.08 | |
| Capex To Revenue | 0.01 | 0.01 | |
| Revenue Per Share | 3.98 | 3.70 | |
| Ebit Per Revenue | (0.03) | (0.03) |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Millennium Stock
When determining whether Millennium Group Int offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Millennium Group'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 Millennium Group International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Millennium Group International Stock:Check out Millennium Group Piotroski F Score and Millennium Group Altman Z Score analysis. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Diversified Metals & Mining space 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 Millennium Group. If investors know Millennium 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 Millennium Group 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 (0.50) | Earnings Share (0.20) | Revenue Per Share 3.943 | Quarterly Revenue Growth (0.1) | Return On Assets (0.02) |
The market value of Millennium Group Int is measured differently than its book value, which is the value of Millennium that is recorded on the company's balance sheet. Investors also form their own opinion of Millennium Group's value that differs from its market value or its book value, called intrinsic value, which is Millennium Group'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 Millennium Group's market value can be influenced by many factors that don't directly affect Millennium Group'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 Millennium Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Millennium Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Millennium Group'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.