Manitex International Stock Price To Book

MNTX Stock  USD 5.73  0.01  0.17%   
Manitex International fundamentals help investors to digest information that contributes to Manitex International's financial success or failures. It also enables traders to predict the movement of Manitex Stock. The fundamental analysis module provides a way to measure Manitex International'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 Manitex International stock.
Price To Book Ratio is likely to rise to 2.66 in 2024.
  
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Manitex International Company Price To Book Analysis

Manitex International's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

P/B

 = 

MV Per Share

BV Per Share

More About Price To Book | All Equity Analysis

Current Manitex International Price To Book

    
  1.55 X  
Most of Manitex International's fundamental indicators, such as Price To Book, 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, Manitex International is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Manitex Price To Book Driver Correlations

Understanding the fundamental principles of building solid financial models for Manitex International is extremely important. It helps to project a fair market value of Manitex Stock properly, considering its historical fundamentals such as Price To Book. Since Manitex International'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 Manitex International'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 Manitex International's interrelated accounts and indicators.
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Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Competition

Manitex Book Value Per Share

Book Value Per Share

2.95

At this time, Manitex International's Book Value Per Share is fairly stable compared to the past year.
Based on the latest financial disclosure, Manitex International has a Price To Book of 1.5483 times. This is 73.76% lower than that of the Machinery sector and significantly higher than that of the Industrials industry. The price to book for all United States stocks is 83.72% higher than that of the company.

Manitex Price To Book Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Manitex International's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Manitex International could also be used in its relative valuation, which is a method of valuing Manitex International by comparing valuation metrics of similar companies.
Manitex International is currently under evaluation in price to book category among its peers.

Manitex International Current Valuation Drivers

We derive many important indicators used in calculating different scores of Manitex International from analyzing Manitex International's financial statements. These drivers represent accounts that assess Manitex International's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Manitex International's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap117.1M102.0M126.6M176.6M159.0M166.9M
Enterprise Value160.9M136.2M154.2M269.7M242.7M254.9M

Manitex International ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Manitex International's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Manitex International's managers, analysts, and investors.
Environmental
Governance
Social

Manitex Fundamentals

About Manitex International Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Manitex International's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Manitex International using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Manitex International 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 Manitex Stock Analysis

When running Manitex International's price analysis, check to measure Manitex International'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 Manitex International is operating at the current time. Most of Manitex International's value examination focuses on studying past and present price action to predict the probability of Manitex International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Manitex International's price. Additionally, you may evaluate how the addition of Manitex International to your portfolios can decrease your overall portfolio volatility.