Maple Gold Book Value Per Share vs. Z Score

MGM Stock  CAD 0.07  0.01  7.14%   
Based on the measurements of profitability obtained from Maple Gold's financial statements, Maple Gold Mines may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in April. Profitability indicators assess Maple Gold's ability to earn profits and add value for shareholders. At this time, Maple Gold's Price Fair Value is fairly stable compared to the past year.
For Maple Gold profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Maple Gold to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Maple Gold Mines utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Maple Gold's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Maple Gold Mines over time as well as its relative position and ranking within its peers.
  
Check out Correlation Analysis.
Please note, there is a significant difference between Maple Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Maple Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Maple Gold'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.

Maple Gold Mines Z Score vs. Book Value Per Share Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Maple Gold's current stock value. Our valuation model uses many indicators to compare Maple Gold value to that of its competitors to determine the firm's financial worth.
Maple Gold Mines is regarded fifth in book value per share category among related companies. It is regarded second in z score category among related companies . . Comparative valuation analysis is a catch-all model that can be used if you cannot value Maple Gold by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Maple Gold'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 Maple Gold's earnings, one of the primary drivers of an investment's value.

Maple Z Score vs. Book Value Per Share

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.

Maple Gold

Book Value per Share

 = 

Common Equity

Average Shares

 = 
0.01 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.
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..

Maple Gold

Z Score

 = 

Sum Of

5 Factors

 = 
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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.

Maple Z Score Comparison

Maple Gold is currently under evaluation in z score category among related companies.

Maple Gold Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Maple Gold, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Maple Gold will eventually generate negative long term returns. The profitability progress is the general direction of Maple Gold's change in net profit over the period of time. It can combine multiple indicators of Maple Gold, 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 ReportedProjected for 2024
Net Interest Income700.7 K735.7 K
Interest Income878.8 K922.7 K
Operating Income-11.4 M-12 M
Net Loss-9.5 M-10 M
Income Before Tax-9.5 M-10 M
Total Other Income Expense NetM3.2 M
Net Loss-6.8 M-7.2 M
Net Loss-9.5 M-10 M
Change To Netincome1.1 M1.1 M
Net Income Per E B T 1.16  1.10 

Maple Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Maple Gold. 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 Maple Gold 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 Maple Gold's important profitability drivers and their relationship over time.

Use Maple Gold 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 Maple Gold 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 Maple Gold will appreciate offsetting losses from the drop in the long position's value.

Maple Gold Pair Trading

Maple Gold Mines Pair Trading Analysis

The ability to find closely correlated positions to Maple Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Maple Gold 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 Maple Gold - 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 Maple Gold Mines to buy it.
The correlation of Maple Gold 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 Maple Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Maple Gold Mines 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 Maple Gold 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Maple Gold position

In addition to having Maple Gold 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 Restaurants Thematic Idea Now

Restaurants
Restaurants Theme
Entities that are involved in restaurant business, as well as coffee shop chains and other eateries. The Restaurants theme has 43 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 Restaurants Theme or any other thematic opportunities.
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Check out Correlation Analysis.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

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To fully project Maple Gold's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Maple Gold Mines 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 Maple Gold's income statement, its balance sheet, and the statement of cash flows.
Potential Maple Gold investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Maple Gold investors may work on each financial statement separately, they are all related. The changes in Maple Gold's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Maple Gold's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.