MRF Gross Profit vs. Net Income
| MRF Stock | 128,058 1,785 1.37% |
Gross Profit | First Reported 2005-12-31 | Previous Quarter 18.6 B | Current Value 25.6 B | Quarterly Volatility 7.3 B |
For MRF profitability analysis, we use financial ratios and fundamental drivers that measure the ability of MRF to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well MRF Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between MRF's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of MRF Limited over time as well as its relative position and ranking within its peers.
MRF |
MRF Limited Net Income vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining MRF's current stock value. Our valuation model uses many indicators to compare MRF value to that of its competitors to determine the firm's financial worth. MRF Limited is considered to be number one stock in gross profit category among its peers. It also is considered to be number one stock in net income category among its peers making up about 0.27 of Net Income per Gross Profit. The ratio of Gross Profit to Net Income for MRF Limited is roughly 3.64 . At present, MRF's Gross Profit is projected to increase significantly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the MRF's earnings, one of the primary drivers of an investment's value.MRF Net Income vs. Gross Profit
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
MRF |
| = | 75.69 B |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
MRF |
| = | 20.81 B |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
MRF Net Income Comparison
MRF is currently under evaluation in net income category among its peers.
MRF Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in MRF, profitability is also one of the essential criteria for including it into their portfolios because, without profit, MRF will eventually generate negative long term returns. The profitability progress is the general direction of MRF's change in net profit over the period of time. It can combine multiple indicators of MRF, 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 Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -955.2 M | -907.4 M | |
| Operating Income | 28.2 B | 14.2 B | |
| Income Before Tax | 27.9 B | 29.3 B | |
| Total Other Income Expense Net | -361.7 M | -379.8 M | |
| Net Income | 20.8 B | 12 B | |
| Income Tax Expense | 7.1 B | 3.7 B | |
| Net Income Applicable To Common Shares | 8.8 B | 9.3 B | |
| Net Income From Continuing Ops | 20.8 B | 13.4 B | |
| Interest Income | 1 B | 2 B | |
| Net Interest Income | -3.5 B | -3.7 B | |
| Change To Netincome | 879.8 M | 609.8 M |
MRF Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on MRF. 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 MRF 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 MRF's important profitability drivers and their relationship over time.
Use MRF 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 MRF 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 MRF will appreciate offsetting losses from the drop in the long position's value.MRF Pair Trading
MRF Limited Pair Trading Analysis
The ability to find closely correlated positions to MRF could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MRF 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 MRF - 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 MRF Limited to buy it.
The correlation of MRF 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 MRF moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MRF Limited 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 MRF 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 MRF position
In addition to having MRF 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.Did You Try This Idea?
Run Beer and Liquor Thematic Idea Now
Beer and Liquor
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Beer and Liquor 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 Beer and Liquor Theme or any other thematic opportunities.
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Other Information on Investing in MRF Stock
To fully project MRF's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of MRF Limited 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 MRF's income statement, its balance sheet, and the statement of cash flows.