Milkyway Chemical Book Value Per Share vs. Current Valuation

603713 Stock   52.82  0.95  1.77%   
Taking into consideration Milkyway Chemical's profitability measurements, Milkyway Chemical Supply may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Milkyway Chemical's ability to earn profits and add value for shareholders.
For Milkyway Chemical profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Milkyway Chemical to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Milkyway Chemical Supply utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Milkyway Chemical's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Milkyway Chemical Supply over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Milkyway Chemical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Milkyway Chemical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Milkyway Chemical'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.

Milkyway Chemical Supply Current Valuation vs. Book Value Per Share Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Milkyway Chemical's current stock value. Our valuation model uses many indicators to compare Milkyway Chemical value to that of its competitors to determine the firm's financial worth.
Milkyway Chemical Supply is number one stock in book value per share category among its peers. It also is the top company in current valuation category among its peers reporting about  468,651,927  of Current Valuation per Book Value Per Share. Comparative valuation analysis is a catch-all model that can be used if you cannot value Milkyway Chemical by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Milkyway Chemical'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.

Milkyway Current Valuation 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.

Milkyway Chemical

Book Value per Share

 = 

Common Equity

Average Shares

 = 
26.50 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.
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.

Milkyway Chemical

Enterprise Value

 = 

Market Cap + Debt

-

Cash

 = 
12.42 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.

Milkyway Current Valuation vs Competition

Milkyway Chemical Supply is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Industrials industry is presently estimated at about 86.58 Billion. Milkyway Chemical retains roughly 12.42 Billion in current valuation claiming about 14% of equities under Industrials industry.

Milkyway Chemical Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Milkyway Chemical, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Milkyway Chemical will eventually generate negative long term returns. The profitability progress is the general direction of Milkyway Chemical's change in net profit over the period of time. It can combine multiple indicators of Milkyway Chemical, 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 Next Year
Operating Income669.7 M380.6 M
Income Before Tax607.6 M356.7 M
Income Tax Expense121.3 M127.3 M
Net Interest Income-112.4 M-106.8 M
Interest Income18.8 M19.7 M
Net Income From Continuing Ops481.4 M316.1 M
Net Income Applicable To Common Shares696.2 M731 M
Net Income431.3 M305.9 M
Change To Netincome139 M146 M

Milkyway Profitability Driver Comparison

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

Use Milkyway Chemical 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 Milkyway Chemical 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 Milkyway Chemical will appreciate offsetting losses from the drop in the long position's value.

Milkyway Chemical Pair Trading

Milkyway Chemical Supply Pair Trading Analysis

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

In addition to having Milkyway Chemical 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.

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Other Information on Investing in Milkyway Stock

To fully project Milkyway Chemical's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Milkyway Chemical Supply 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 Milkyway Chemical's income statement, its balance sheet, and the statement of cash flows.
Potential Milkyway Chemical investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Milkyway Chemical investors may work on each financial statement separately, they are all related. The changes in Milkyway Chemical's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Milkyway Chemical'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.