| MRU Stock | | | CAD 92.35 0.12 0.13% |
Considering Metro's profitability and operating efficiency indicators, Metro Inc is yielding more profit at the moment then in previous quarter. It has a moderate risk of reporting better profitability numbers in December. Profitability indicators assess Metro's ability to earn profits and add value for shareholders. As of the 29th of November 2024,
Price To Sales Ratio is likely to grow to 0.95. Also,
Days Sales Outstanding is likely to grow to 14.85. At this time, Metro's
Operating Income is very stable compared to the past year. As of the 29th of November 2024,
Total Other Income Expense Net is likely to grow to about 1.3
B, while
Accumulated Other Comprehensive Income is likely to drop (1.2
M).
For Metro profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Metro to generate income relative to revenue, assets, operating costs, and current equity. These
fundamental indicators attest to how well Metro Inc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Metro's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Metro Inc 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 Metro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Metro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Metro'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.
Metro Inc Market Capitalization vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Metro's current stock value. Our valuation model uses many indicators to compare Metro value to that of its competitors to determine the firm's financial worth.
Metro Inc is rated top company in current valuation category among its peers. It also is considered to be number one stock in market capitalization category among its peers creating about
0.83 of Market Capitalization per Current Valuation. The ratio of Current Valuation to Market Capitalization for Metro Inc is roughly
1.21 . At this time, Metro's Market Cap is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Metro by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Metro'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.
Metro Current Valuation vs. Competition
Metro Inc is rated top company in current valuation category among its peers. After adjusting for long-term liabilities,
total market size of
Consumer Staples industry is now estimated at about 44.06 Billion. Metro totals roughly 24.78 Billion in current valuation claiming about 56% of stocks in Consumer Staples industry.
Metro Market Capitalization 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.
Metro | Enterprise Value | = | Market Cap + Debt | - | Cash |
| = | 24.78 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.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Metro | Market Cap | = | Shares Outstanding | X | Share Price |
| = | 20.5 B |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Metro Market Capitalization vs Competition
Metro Inc is considered to be number one stock in market capitalization category among its peers.
Market capitalization of
Consumer Staples industry is now estimated at about 34.59 Billion. Metro totals roughly 20.5 Billion in market capitalization claiming about 59% of stocks in Consumer Staples industry.
Metro Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Metro, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Metro will eventually generate negative long term returns. The profitability progress is the general direction of Metro's change in net profit over the period of time. It can combine
multiple indicators of Metro, 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.
Metro Profitability Driver Comparison
Profitability drivers are factors that can directly affect your
investment outlook on Metro. 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 Metro 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 Metro's important profitability drivers and their relationship over time.
Use Metro 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 Metro 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 Metro will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Metro could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Metro 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 Metro - 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 Metro Inc to buy it.
The correlation of Metro 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 Metro moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Metro Inc 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 Metro 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 Metro position
In addition to having Metro 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.
Aircraft
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Aircraft theme has 45 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
Aircraft Theme or any other
thematic opportunities.
Other Information on Investing in Metro Stock
To fully project Metro's
future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the
financial position of Metro Inc 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 Metro's income statement, its balance sheet, and the statement of cash flows.
Potential Metro investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Metro investors may work on each financial statement separately, they are all related. The changes in Metro's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Metro'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.
