Mfs Government Markets Etf Price To Earning
| MGF Etf | USD 3.09 0.01 0.32% |
MFS Government Markets fundamentals help investors to digest information that contributes to MFS Government's financial success or failures. It also enables traders to predict the movement of MFS Etf. The fundamental analysis module provides a way to measure MFS Government's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to MFS Government etf.
MFS |
MFS Government Markets ETF Price To Earning Analysis
MFS Government's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current MFS Government Price To Earning | 9.83 X |
Most of MFS Government's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, MFS Government Markets is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
| Competition |
Based on the latest financial disclosure, MFS Government Markets has a Price To Earning of 9.83 times. This is much higher than that of the Financial Services family and significantly higher than that of the Asset Management category. The price to earning for all United States etfs is notably lower than that of the firm.
MFS Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses MFS Government's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of MFS Government could also be used in its relative valuation, which is a method of valuing MFS Government by comparing valuation metrics of similar companies.MFS Government is currently under evaluation in price to earning as compared to similar ETFs.
MFS Fundamentals
| Return On Equity | -8.31 | ||||
| Return On Asset | 0.82 | ||||
| Operating Margin | 67.49 % | ||||
| Current Valuation | 105.93 M | ||||
| Shares Outstanding | 32.59 M | ||||
| Shares Owned By Institutions | 46.77 % | ||||
| Number Of Shares Shorted | 31.05 K | ||||
| Price To Earning | 9.83 X | ||||
| Price To Book | 0.71 X | ||||
| Price To Sales | 36.89 X | ||||
| Revenue | 2.99 M | ||||
| Gross Profit | 3.65 M | ||||
| Net Income | (11.26 M) | ||||
| Cash And Equivalents | 10.22 K | ||||
| Current Ratio | 0.35 X | ||||
| Book Value Per Share | 4.75 X | ||||
| Short Ratio | 0.37 X | ||||
| Earnings Per Share | 0.34 X | ||||
| Number Of Employees | 29 | ||||
| Beta | 0.17 | ||||
| Market Capitalization | 119.59 M | ||||
| Annual Yield | 0.01 % | ||||
| Year To Date Return | 1.24 % | ||||
| One Year Return | 5.55 % | ||||
| Three Year Return | (2.52) % | ||||
| Five Year Return | (0.47) % | ||||
| Last Dividend Paid | 0.26 |
About MFS Government Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze MFS Government Markets's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MFS Government using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MFS Government Markets based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Currently Active Assets on Macroaxis
Other Information on Investing in MFS Etf
MFS Government financial ratios help investors to determine whether MFS Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in MFS with respect to the benefits of owning MFS Government security.