MongoDB Current Valuation vs. Return On Equity
| MDB Stock | USD 340.16 12.69 3.88% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.57 | 0.7478 |
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For MongoDB profitability analysis, we use financial ratios and fundamental drivers that measure the ability of MongoDB to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well MongoDB utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between MongoDB's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of MongoDB over time as well as its relative position and ranking within its peers.
MongoDB |
Is MongoDB'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 MongoDB. If investors know MongoDB 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 MongoDB listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.49) | Revenue Per Share 23.622 | Quarterly Revenue Growth 0.268 | Return On Assets (0.05) | Return On Equity (0.20) |
The market value of MongoDB is measured differently than its book value, which is the value of MongoDB that is recorded on the company's balance sheet. Investors also form their own opinion of MongoDB's value that differs from its market value or its book value, called intrinsic value, which is MongoDB'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 MongoDB's market value can be influenced by many factors that don't directly affect MongoDB'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 MongoDB's value and its price as these two are different measures arrived at by different means. Investors typically determine if MongoDB is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MongoDB'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.
MongoDB Return On Equity vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining MongoDB's current stock value. Our valuation model uses many indicators to compare MongoDB value to that of its competitors to determine the firm's financial worth. MongoDB is rated below average in current valuation category among related companies. It is rated below average in return on equity category among related companies . At present, MongoDB's Return On Equity is projected to slightly grow based on the last few years of reporting.Comparative valuation analysis is a catch-all model that can be used if you cannot value MongoDB by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for MongoDB'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 MongoDB's earnings, one of the primary drivers of an investment's value.MongoDB Current Valuation vs. Competition
MongoDB is rated below average in current valuation category among related companies. After adjusting for long-term liabilities, total market size of Information Technology industry is now estimated at about 444.53 Billion. MongoDB holds roughly 23.06 Billion in current valuation claiming about 5% of equities under Information Technology industry.
MongoDB Return On Equity vs. Current Valuation
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.
MongoDB |
| = | 23.06 B |
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.
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
MongoDB |
| = | -0.2 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
MongoDB Return On Equity Comparison
MongoDB is currently under evaluation in return on equity category among related companies.
MongoDB Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in MongoDB, profitability is also one of the essential criteria for including it into their portfolios because, without profit, MongoDB will eventually generate negative long term returns. The profitability progress is the general direction of MongoDB's change in net profit over the period of time. It can combine multiple indicators of MongoDB, 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 | 4.5 M | 4.8 M | |
| Interest Income | 80.2 M | 84.2 M | |
| Operating Income | -233.7 M | -245.4 M | |
| Net Loss | -176.6 M | -185.4 M | |
| Income Before Tax | -163.5 M | -171.7 M | |
| Total Other Income Expense Net | 70.2 M | 73.7 M | |
| Net Loss | -310.9 M | -295.3 M | |
| Net Loss | -176.6 M | -185.4 M | |
| Income Tax Expense | 13.1 M | 13.7 M | |
| Net Interest Income | 70.9 M | 74.4 M | |
| Non Operating Income Net Other | 26.7 M | 28 M | |
| Change To Netincome | 437.3 M | 459.2 M | |
| Net Loss | (2.48) | (2.60) | |
| Income Quality | (0.69) | (0.65) | |
| Net Income Per E B T | 1.08 | 0.82 |
MongoDB Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on MongoDB. 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 MongoDB 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 MongoDB's important profitability drivers and their relationship over time.
Use MongoDB 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 MongoDB 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 MongoDB will appreciate offsetting losses from the drop in the long position's value.MongoDB Pair Trading
MongoDB Pair Trading Analysis
The ability to find closely correlated positions to MongoDB could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MongoDB 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 MongoDB - 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 MongoDB to buy it.
The correlation of MongoDB 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 MongoDB moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MongoDB 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 MongoDB 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 MongoDB position
In addition to having MongoDB 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 Online Gaming Thematic Idea Now
Online Gaming
Companies that are involved in the building and marketing of online gaming-related products. The Online Gaming 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 Online Gaming Theme or any other thematic opportunities.
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Check out Correlation Analysis. For information on how to trade MongoDB Stock refer to our How to Trade MongoDB Stock guide.Note that the MongoDB information on this page should be used as a complementary analysis to other MongoDB'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 MongoDB Stock analysis
When running MongoDB's price analysis, check to measure MongoDB'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 MongoDB is operating at the current time. Most of MongoDB's value examination focuses on studying past and present price action to predict the probability of MongoDB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MongoDB's price. Additionally, you may evaluate how the addition of MongoDB to your portfolios can decrease your overall portfolio volatility.
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Transaction History View history of all your transactions and understand their impact on performance |
To fully project MongoDB's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of MongoDB 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 MongoDB's income statement, its balance sheet, and the statement of cash flows.