Mfs Government Markets Etf Price To Sales
| 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 Sales Analysis
MFS Government's 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.
Current MFS Government Price To Sales | 36.89 X |
Most of MFS Government's fundamental indicators, such as Price To Sales, 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.
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.
| Competition |
Based on the latest financial disclosure, MFS Government Markets has a Price To Sales of 36.89 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 sales for all United States etfs is notably lower than that of the firm.
MFS Price To Sales 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 Sales 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 sales 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.