Mitsubishi Electric Revenue vs. Return On Asset
| MIELY Stock | USD 34.51 0.79 2.24% |
For Mitsubishi Electric profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Mitsubishi Electric to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Mitsubishi Electric Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Mitsubishi Electric's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Mitsubishi Electric Corp over time as well as its relative position and ranking within its peers.
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Mitsubishi Electric Corp Return On Asset vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Mitsubishi Electric's current stock value. Our valuation model uses many indicators to compare Mitsubishi Electric value to that of its competitors to determine the firm's financial worth. Mitsubishi Electric Corp is rated top company in revenue category among its peers. It also is considered to be number one stock in return on asset category among its peers . The ratio of Revenue to Return On Asset for Mitsubishi Electric Corp is about Huge . Comparative valuation analysis is a catch-all model that can be used if you cannot value Mitsubishi Electric by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Mitsubishi Electric's Pink Sheet. 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.Mitsubishi Revenue vs. Competition
Mitsubishi Electric Corp is rated top company in revenue category among its peers. Market size based on revenue of Industrials industry is now estimated at about 4.5 Trillion. Mitsubishi Electric totals roughly 4.48 Trillion in revenue claiming about 99% of equities under Industrials industry.
Mitsubishi Return On Asset vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Mitsubishi Electric |
| = | 4.48 T |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Mitsubishi Electric |
| = | 0.028 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Mitsubishi Return On Asset Comparison
Mitsubishi Electric is currently under evaluation in return on asset category among its peers.
Mitsubishi Electric Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Mitsubishi Electric, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Mitsubishi Electric will eventually generate negative long term returns. The profitability progress is the general direction of Mitsubishi Electric's change in net profit over the period of time. It can combine multiple indicators of Mitsubishi Electric, 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.
Mitsubishi Electric Corporation develops, manufactures, distributes, and sells electrical and electronic equipment worldwide. The company was incorporated in 1921 and is headquartered in Tokyo, Japan. Mitsubishi Elect operates under Electrical Equipment Parts classification in the United States and is traded on OTC Exchange. It employs 145696 people.
Mitsubishi Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Mitsubishi Electric. 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 Mitsubishi Electric 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 Mitsubishi Electric's important profitability drivers and their relationship over time.
Use Mitsubishi Electric 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 Mitsubishi Electric 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 Mitsubishi Electric will appreciate offsetting losses from the drop in the long position's value.Mitsubishi Electric Pair Trading
Mitsubishi Electric Corp Pair Trading Analysis
The ability to find closely correlated positions to Mitsubishi Electric could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mitsubishi Electric 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 Mitsubishi Electric - 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 Mitsubishi Electric Corp to buy it.
The correlation of Mitsubishi Electric 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 Mitsubishi Electric moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mitsubishi Electric Corp 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 Mitsubishi Electric 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.Use Investing Themes to Complement your Mitsubishi Electric position
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Additional Tools for Mitsubishi Pink Sheet Analysis
When running Mitsubishi Electric's price analysis, check to measure Mitsubishi Electric'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 Mitsubishi Electric is operating at the current time. Most of Mitsubishi Electric's value examination focuses on studying past and present price action to predict the probability of Mitsubishi Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mitsubishi Electric's price. Additionally, you may evaluate how the addition of Mitsubishi Electric to your portfolios can decrease your overall portfolio volatility.