Mcan Mortgage Stock Price To Earning
| MKP Stock | CAD 20.24 0.04 0.20% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess MCAN Mortgage's long-term financial health and intrinsic value.
MCAN | Price To Earning |
MCAN Mortgage Company Price To Earning Analysis
MCAN Mortgage'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 MCAN Mortgage Price To Earning | 9.97 X |
Most of MCAN Mortgage'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, MCAN Mortgage is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
MCAN Price To Earning Driver Correlations
Understanding the fundamental principles of building solid financial models for MCAN Mortgage is extremely important. It helps to project a fair market value of MCAN Stock properly, considering its historical fundamentals such as Price To Earning. Since MCAN Mortgage's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of MCAN Mortgage's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of MCAN Mortgage's interrelated accounts and indicators.
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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.
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MCAN Retained Earnings
Retained Earnings |
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Based on the latest financial disclosure, MCAN Mortgage has a Price To Earning of 9.97 times. This is 45.46% lower than that of the Thrifts & Mortgage Finance sector and 58.28% lower than that of the Financials industry. The price to earning for all Canada stocks is 65.29% higher than that of the company.
MCAN Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses MCAN Mortgage's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of MCAN Mortgage could also be used in its relative valuation, which is a method of valuing MCAN Mortgage by comparing valuation metrics of similar companies.MCAN Mortgage is currently under evaluation in price to earning category among its peers.
MCAN Mortgage Current Valuation Drivers
We derive many important indicators used in calculating different scores of MCAN Mortgage from analyzing MCAN Mortgage's financial statements. These drivers represent accounts that assess MCAN Mortgage's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of MCAN Mortgage's important valuation drivers and their relationship over time.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Market Cap | 314.6M | 421.7M | 396.0M | 465.9M | 419.3M | 440.2M | |
| Enterprise Value | 1.1B | 375.4M | 309.8M | 2.0B | 1.8B | 1.9B |
MCAN Fundamentals
| Return On Equity | 0.12 | ||||
| Return On Asset | 0.0137 | ||||
| Profit Margin | 0.56 % | ||||
| Operating Margin | 0.52 % | ||||
| Current Valuation | 3.16 B | ||||
| Shares Outstanding | 39.17 M | ||||
| Shares Owned By Insiders | 16.84 % | ||||
| Shares Owned By Institutions | 0.13 % | ||||
| Number Of Shares Shorted | 842.16 K | ||||
| Price To Earning | 9.97 X | ||||
| Price To Book | 1.31 X | ||||
| Price To Sales | 6.27 X | ||||
| Revenue | 298.26 M | ||||
| Gross Profit | 112.31 M | ||||
| EBITDA | 96.08 M | ||||
| Net Income | 77.59 M | ||||
| Cash And Equivalents | 61.7 M | ||||
| Cash Per Share | 2.18 X | ||||
| Total Debt | 4.75 B | ||||
| Debt To Equity | 267.10 % | ||||
| Current Ratio | 1.67 X | ||||
| Book Value Per Share | 15.52 X | ||||
| Cash Flow From Operations | 53.77 M | ||||
| Short Ratio | 24.93 X | ||||
| Earnings Per Share | 1.84 X | ||||
| Target Price | 19.88 | ||||
| Number Of Employees | 162 | ||||
| Beta | 0.79 | ||||
| Market Capitalization | 794.4 M | ||||
| Total Asset | 5.35 B | ||||
| Retained Earnings | 143.62 M | ||||
| Annual Yield | 0.08 % | ||||
| Five Year Return | 8.36 % | ||||
| Net Asset | 5.35 B | ||||
| Last Dividend Paid | 1.58 |
About MCAN Mortgage Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze MCAN Mortgage's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MCAN Mortgage using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MCAN Mortgage based on its fundamental data. In general, a quantitative approach, as applied to this company, 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.
Pair Trading with MCAN Mortgage
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 MCAN Mortgage 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 MCAN Mortgage will appreciate offsetting losses from the drop in the long position's value.Moving together with MCAN Stock
Moving against MCAN Stock
The ability to find closely correlated positions to MCAN Mortgage could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MCAN Mortgage 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 MCAN Mortgage - 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 MCAN Mortgage to buy it.
The correlation of MCAN Mortgage 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 MCAN Mortgage moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MCAN Mortgage 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 MCAN Mortgage 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.Other Information on Investing in MCAN Stock
MCAN Mortgage financial ratios help investors to determine whether MCAN Stock 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 MCAN with respect to the benefits of owning MCAN Mortgage security.