Mainstay Definedterm Muncipal Fund Book Value Per Share

MMD Fund  USD 15.66  0.09  0.57%   
Mainstay Definedterm Muncipal fundamentals help investors to digest information that contributes to Mainstay Definedterm's financial success or failures. It also enables traders to predict the movement of Mainstay Fund. The fundamental analysis module provides a way to measure Mainstay Definedterm'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 Mainstay Definedterm fund.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Mainstay Definedterm Muncipal Fund Book Value Per Share Analysis

Mainstay Definedterm's 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.

Book Value per Share

 = 

Common Equity

Average Shares

More About Book Value Per Share | All Equity Analysis

Current Mainstay Definedterm Book Value Per Share

    
  20.73 X  
Most of Mainstay Definedterm's fundamental indicators, such as Book Value Per Share, 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, Mainstay Definedterm Muncipal is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
Competition

In accordance with the recently published financial statements, the book value per share of Mainstay Definedterm Muncipal is about 20.73 times. This is much higher than that of the Financial Services family and significantly higher than that of the Asset Management category. The book value per share for all United States funds is notably lower than that of the firm.

Mainstay Book Value Per Share Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Mainstay Definedterm's direct or indirect competition against its Book Value Per Share to detect undervalued stocks with similar characteristics or determine the funds which would be a good addition to a portfolio. Peer analysis of Mainstay Definedterm could also be used in its relative valuation, which is a method of valuing Mainstay Definedterm by comparing valuation metrics of similar companies.
Mainstay Definedterm is currently under evaluation in book value per share among similar funds.

Mainstay Fundamentals

About Mainstay Definedterm Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Mainstay Definedterm Muncipal's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mainstay Definedterm using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mainstay Definedterm Muncipal based on its fundamental data. In general, a quantitative approach, as applied to this fund, 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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Other Information on Investing in Mainstay Fund

Mainstay Definedterm financial ratios help investors to determine whether Mainstay Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Mainstay with respect to the benefits of owning Mainstay Definedterm security.
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