Manchester United Z Score vs. Book Value Per Share
| MANU Stock | USD 15.79 0.24 1.54% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.64 | 0.71 |
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For Manchester United profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Manchester United to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Manchester United utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Manchester United's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Manchester United over time as well as its relative position and ranking within its peers.
Manchester |
Is Manchester United'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 Manchester United. If investors know Manchester 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 Manchester United 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 2.231 | Earnings Share (0.21) | Revenue Per Share 4.416 | Quarterly Revenue Growth 0.349 | Return On Assets 0.0003 |
The market value of Manchester United is measured differently than its book value, which is the value of Manchester that is recorded on the company's balance sheet. Investors also form their own opinion of Manchester United's value that differs from its market value or its book value, called intrinsic value, which is Manchester United'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 Manchester United's market value can be influenced by many factors that don't directly affect Manchester United'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 Manchester United's value and its price as these two are different measures arrived at by different means. Investors typically determine if Manchester United is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Manchester United'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.
Manchester United Book Value Per Share vs. Z Score Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Manchester United's current stock value. Our valuation model uses many indicators to compare Manchester United value to that of its competitors to determine the firm's financial worth. Manchester United is currently under evaluation in z score category among related companies. It is regarded fifth in book value per share category among related companies . At this time, Manchester United's Book Value Per Share is comparatively stable compared to the past year.Comparative valuation analysis is a catch-all model that can be used if you cannot value Manchester United by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Manchester United'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 Manchester United's earnings, one of the primary drivers of an investment's value.Manchester Book Value Per Share vs. Z Score
Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
Manchester United |
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To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
Manchester United |
| = | 0.59 X |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Manchester Book Value Per Share Comparison
Manchester United is currently under evaluation in book value per share category among related companies.
Manchester United Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Manchester United, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Manchester United will eventually generate negative long term returns. The profitability progress is the general direction of Manchester United's change in net profit over the period of time. It can combine multiple indicators of Manchester United, 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 Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 291 M | 305.5 M | |
| Operating Income | -10.1 M | -9.6 M | |
| Net Loss | -25.8 M | -24.5 M | |
| Income Before Tax | -29.3 M | -27.9 M | |
| Total Other Income Expense Net | 44.4 M | 46.6 M | |
| Net Loss | -25.8 M | -24.5 M | |
| Net Loss | -29.3 M | -27.9 M | |
| Income Tax Expense | -4.5 M | -4.3 M | |
| Interest Income | 21.2 M | 22.2 M | |
| Non Operating Income Net Other | 0.00 | 0.00 | |
| Net Interest Income | -19.3 M | -20.2 M | |
| Change To Netincome | -28.6 M | -27.1 M | |
| Net Loss | (0.20) | (0.19) | |
| Income Quality | (2.65) | (2.78) | |
| Net Income Per E B T | 0.79 | 0.83 |
Manchester Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Manchester United. 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 Manchester United 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 Manchester United's important profitability drivers and their relationship over time.
Use Manchester United 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 Manchester United 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 Manchester United will appreciate offsetting losses from the drop in the long position's value.Manchester United Pair Trading
Manchester United Pair Trading Analysis
The ability to find closely correlated positions to Manchester United could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Manchester United 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 Manchester United - 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 Manchester United to buy it.
The correlation of Manchester United 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 Manchester United moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Manchester United 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 Manchester United 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.Use Investing Themes to Complement your Manchester United position
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Check out Correlation Analysis. For more information on how to buy Manchester Stock please use our How to Invest in Manchester United guide.You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Complementary Tools for Manchester Stock analysis
When running Manchester United's price analysis, check to measure Manchester United'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 Manchester United is operating at the current time. Most of Manchester United's value examination focuses on studying past and present price action to predict the probability of Manchester United's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Manchester United's price. Additionally, you may evaluate how the addition of Manchester United to your portfolios can decrease your overall portfolio volatility.
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To fully project Manchester United's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Manchester United 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 Manchester United's income statement, its balance sheet, and the statement of cash flows.