Mene Inc Stock Net Asset
| MENE Stock | CAD 0.11 0.01 8.33% |
Mene Inc fundamentals help investors to digest information that contributes to Mene's financial success or failures. It also enables traders to predict the movement of Mene Stock. The fundamental analysis module provides a way to measure Mene'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 Mene stock.
Mene | Net Asset |
Mene Inc Company Net Asset Analysis
Mene's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Mene Net Asset | 18.22 M |
Most of Mene's fundamental indicators, such as Net 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, Mene Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Mene Net Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Mene is extremely important. It helps to project a fair market value of Mene Stock properly, considering its historical fundamentals such as Net Asset. Since Mene's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Mene's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Mene's interrelated accounts and indicators.
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Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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Mene Total Assets
Total Assets |
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Based on the recorded statements, Mene Inc has a Net Asset of 18.22 M. This is much higher than that of the Textiles, Apparel & Luxury Goods sector and significantly higher than that of the Consumer Discretionary industry. The net asset for all Canada stocks is notably lower than that of the firm.
Mene Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Mene's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Mene could also be used in its relative valuation, which is a method of valuing Mene by comparing valuation metrics of similar companies.Mene is currently under evaluation in net asset category among its peers.
Mene Fundamentals
| Return On Equity | -0.2 | ||||
| Return On Asset | -0.0754 | ||||
| Profit Margin | (0.15) % | ||||
| Operating Margin | (0.06) % | ||||
| Current Valuation | 22.56 M | ||||
| Shares Outstanding | 149.49 M | ||||
| Shares Owned By Insiders | 65.50 % | ||||
| Shares Owned By Institutions | 8.74 % | ||||
| Number Of Shares Shorted | 15.38 K | ||||
| Price To Book | 1.77 X | ||||
| Price To Sales | 1.27 X | ||||
| Revenue | 23.29 M | ||||
| Gross Profit | 6.64 M | ||||
| EBITDA | (2.65 M) | ||||
| Net Income | (1.99 M) | ||||
| Cash And Equivalents | 29.56 M | ||||
| Cash Per Share | 0.12 X | ||||
| Total Debt | 2.24 M | ||||
| Debt To Equity | 144.10 % | ||||
| Current Ratio | 40.24 X | ||||
| Book Value Per Share | 0.06 X | ||||
| Cash Flow From Operations | (854.62 K) | ||||
| Short Ratio | 0.14 X | ||||
| Earnings Per Share | (0.02) X | ||||
| Beta | 0.13 | ||||
| Market Capitalization | 28.58 M | ||||
| Total Asset | 18.22 M | ||||
| Retained Earnings | (21.93 M) | ||||
| Working Capital | 14.62 M | ||||
| Net Asset | 18.22 M |
About Mene Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Mene Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mene using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mene Inc 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.
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Additional Tools for Mene Stock Analysis
When running Mene's price analysis, check to measure Mene'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 Mene is operating at the current time. Most of Mene's value examination focuses on studying past and present price action to predict the probability of Mene's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mene's price. Additionally, you may evaluate how the addition of Mene to your portfolios can decrease your overall portfolio volatility.