Ming Shing EBITDA vs. Price To Sales

MSW Stock  USD 6.42  0.69  12.04%   
Considering the key profitability indicators obtained from Ming Shing's historical financial statements, Ming Shing Group may not be well positioned to generate adequate gross income at this time. It has a very high risk of underperforming in January. Profitability indicators assess Ming Shing's ability to earn profits and add value for shareholders.
For Ming Shing profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ming Shing to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ming Shing Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ming Shing's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ming Shing Group over time as well as its relative position and ranking within its peers.
  
Check out Correlation Analysis.
Is Construction space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ming Shing. If investors know Ming will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ming Shing listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.423
Earnings Share
0.17
Revenue Per Share
2.451
Quarterly Revenue Growth
0.299
Return On Assets
0.2012
The market value of Ming Shing Group is measured differently than its book value, which is the value of Ming that is recorded on the company's balance sheet. Investors also form their own opinion of Ming Shing's value that differs from its market value or its book value, called intrinsic value, which is Ming Shing's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ming Shing's market value can be influenced by many factors that don't directly affect Ming Shing's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ming Shing's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ming Shing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ming Shing'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.

Ming Shing Group Price To Sales vs. EBITDA Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Ming Shing's current stock value. Our valuation model uses many indicators to compare Ming Shing value to that of its competitors to determine the firm's financial worth.
Ming Shing Group is considered to be number one stock in ebitda category among its peers. It also is considered to be number one stock in price to sales category among its peers . The ratio of EBITDA to Price To Sales for Ming Shing Group is about  1,184,474 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Ming Shing by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Ming Price To Sales vs. EBITDA

EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.

Ming Shing

EBITDA

 = 

Revenue

-

Basic Expenses

 = 
3.35 M
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

Ming Shing

P/S

 = 

MV Per Share

Revenue Per Share

 = 
2.83 X
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.

Ming Price To Sales Comparison

Ming Shing is currently under evaluation in price to sales category among its peers.

Ming Shing Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Ming Shing, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Ming Shing will eventually generate negative long term returns. The profitability progress is the general direction of Ming Shing's change in net profit over the period of time. It can combine multiple indicators of Ming Shing, 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
Net Interest Income-379.4 K-360.5 K
Operating Income3.9 M2.6 M
Net Income From Continuing Ops2.3 M2.3 M
Income Before TaxM2.7 M
Total Other Income Expense Net-530.1 K-503.6 K
Net Income2.3 M2.3 M

Ming Profitability Driver Comparison

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

Use Ming Shing 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 Ming Shing 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 Ming Shing will appreciate offsetting losses from the drop in the long position's value.

Ming Shing Pair Trading

Ming Shing Group Pair Trading Analysis

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

In addition to having Ming Shing 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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Aggressive Defence
Aggressive Defence Theme
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Additional Tools for Ming Stock Analysis

When running Ming Shing's price analysis, check to measure Ming Shing'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 Ming Shing is operating at the current time. Most of Ming Shing's value examination focuses on studying past and present price action to predict the probability of Ming Shing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ming Shing's price. Additionally, you may evaluate how the addition of Ming Shing to your portfolios can decrease your overall portfolio volatility.