| MRD Stock | | | CAD 12.91 0.01 0.08% |
Based on Melcor Developments' profitability indicators, Melcor Developments' profitability may be sliding down. It has an above-average probability of reporting lower numbers next quarter. Profitability indicators assess Melcor Developments' ability to earn profits and add value for shareholders. At this time, Melcor Developments'
Price To Sales Ratio is very stable compared to the past year. As of the 11th of December 2024,
Days Sales Outstanding is likely to grow to 231.69, while
EV To Sales is likely to drop 2.54. At this time, Melcor Developments'
Accumulated Other Comprehensive Income is very stable compared to the past year. As of the 11th of December 2024,
Income Tax Expense is likely to grow to about 15.2
M, while
Operating Income is likely to drop about 65.7
M.
For Melcor Developments profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Melcor Developments to generate income relative to revenue, assets, operating costs, and current equity. These
fundamental indicators attest to how well Melcor Developments utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Melcor Developments's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Melcor Developments over time as well as its relative position and ranking within its peers.
Check out
Correlation Analysis.
Please note, there is a significant difference between Melcor Developments' value and its price as these two are different measures arrived at by different means. Investors typically determine if Melcor Developments is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Melcor Developments' 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.
Melcor Developments Revenue vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Melcor Developments's current stock value. Our valuation model uses many indicators to compare Melcor Developments value to that of its competitors to determine the firm's financial worth.
Melcor Developments is rated
below average in current valuation category among its peers. It is regarded
fifth in revenue category among its peers totaling about
0.32 of Revenue per Current Valuation. The ratio of Current Valuation to Revenue for Melcor Developments is roughly
3.16 . At this time, Melcor Developments'
Total Revenue is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Melcor Developments by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Melcor Developments' 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.
Melcor Current Valuation vs. Competition
Melcor Developments is rated
below average in current valuation category among its peers. After adjusting for long-term liabilities,
total market size of
Real Estate industry is now estimated at about 37.53 Billion. Melcor Developments holds roughly 994.65 Million in current valuation claiming about 2.65% of equities listed under Real Estate industry.
Melcor Revenue vs. Current Valuation
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.
Melcor Developments | Enterprise Value | = | Market Cap + Debt | - | Cash |
| = | 994.65 M |
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.
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.
Melcor Developments | Revenue | = | Money Received | - | Discounts and Returns |
| = | 315.24 M |
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.
Melcor Revenue vs Competition
Melcor Developments is regarded
fifth in revenue category among its peers. Market size based on
revenue of
Real Estate industry is now estimated at about 3.03 Billion. Melcor Developments retains roughly 315.24 Million in revenue claiming about 10% of equities listed under Real Estate industry.
Melcor Developments Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Melcor Developments, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Melcor Developments will eventually generate negative long term returns. The profitability progress is the general direction of Melcor Developments' change in net profit over the period of time. It can combine
multiple indicators of Melcor Developments, 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.
Melcor Profitability Driver Comparison
Profitability drivers are factors that can directly affect your
investment outlook on Melcor Developments. 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 Melcor Developments 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 Melcor Developments' important profitability drivers and their relationship over time.
Use Melcor Developments 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 Melcor Developments 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 Melcor Developments will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Melcor Developments could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Melcor Developments 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 Melcor Developments - 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 Melcor Developments to buy it.
The correlation of Melcor Developments 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 Melcor Developments moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Melcor Developments 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 Melcor Developments 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 Melcor Developments position
In addition to having Melcor Developments 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.
Target Risk ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Target Risk ETFs theme has 32 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can
partner with us for reliable portfolio optimization as you plan to utilize
Target Risk ETFs Theme or any other
thematic opportunities.
Other Information on Investing in Melcor Stock
To fully project Melcor Developments'
future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the
financial position of Melcor Developments 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 Melcor Developments' income statement, its balance sheet, and the statement of cash flows.
Potential Melcor Developments investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Melcor Developments investors may work on each financial statement separately, they are all related. The changes in Melcor Developments's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Melcor Developments'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.
