Mirland Development Net Income vs. Book Value Per Share
| MLD Stock | 0.02 0.00 0.00% |
For Mirland Development profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Mirland Development to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Mirland Development utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Mirland Development's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Mirland Development over time as well as its relative position and ranking within its peers.
Mirland |
Mirland Development Book Value Per Share vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Mirland Development's current stock value. Our valuation model uses many indicators to compare Mirland Development value to that of its competitors to determine the firm's financial worth. Mirland Development is considered to be number one stock in net income category among related companies. It is considered to be number one stock in book value per share category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value Mirland Development by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Mirland Development'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 Mirland Development's earnings, one of the primary drivers of an investment's value.Mirland Book Value Per Share vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Mirland Development |
| = | (70.74 M) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
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.
Mirland Development |
| = | 0.85 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.
Mirland Book Value Per Share Comparison
Mirland Development is currently under evaluation in book value per share category among related companies.
Mirland Development Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Mirland Development, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Mirland Development will eventually generate negative long term returns. The profitability progress is the general direction of Mirland Development's change in net profit over the period of time. It can combine multiple indicators of Mirland Development, 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.
MirLand Development Corporation Plc acquires, invests in, develops, constructs, leases, and sells commercial and residential real estate properties in Russia. The company was founded in 2004 and is headquartered in Limassol, Cyprus. MirLand Development operates under Real Estate Services classification in Israel and is traded on Tel Aviv Stock Exchange.
Mirland Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Mirland Development. 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 Mirland Development 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 Mirland Development's important profitability drivers and their relationship over time.
Use Mirland Development 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 Mirland Development 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 Mirland Development will appreciate offsetting losses from the drop in the long position's value.Mirland Development Pair Trading
Mirland Development Pair Trading Analysis
The ability to find closely correlated positions to Mirland Development could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mirland Development 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 Mirland Development - 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 Mirland Development to buy it.
The correlation of Mirland Development 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 Mirland Development moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mirland Development 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 Mirland Development 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 Mirland Development position
In addition to having Mirland Development in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Data Storage Thematic Idea Now
Data Storage
Companies making data storages or providing data storage services. The Data Storage theme has 48 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Data Storage Theme or any other thematic opportunities.
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Check out Correlation Analysis. Note that the Mirland Development information on this page should be used as a complementary analysis to other Mirland Development's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Complementary Tools for Mirland Stock analysis
When running Mirland Development's price analysis, check to measure Mirland Development'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 Mirland Development is operating at the current time. Most of Mirland Development's value examination focuses on studying past and present price action to predict the probability of Mirland Development's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mirland Development's price. Additionally, you may evaluate how the addition of Mirland Development to your portfolios can decrease your overall portfolio volatility.
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To fully project Mirland Development's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Mirland Development 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 Mirland Development's income statement, its balance sheet, and the statement of cash flows.