MeiraGTx Holdings Revenue vs. Price To Earning
| MGTX Stock | USD 6.28 0.03 0.48% |
Total Revenue | First Reported 2016-12-31 | Previous Quarter 282 K | Current Value 10.9 M | Quarterly Volatility 4.7 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.68 | 0.52 |
|
|
For MeiraGTx Holdings profitability analysis, we use financial ratios and fundamental drivers that measure the ability of MeiraGTx Holdings to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well MeiraGTx Holdings PLC utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between MeiraGTx Holdings's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of MeiraGTx Holdings PLC over time as well as its relative position and ranking within its peers.
MeiraGTx |
Is Biotechnology 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 MeiraGTx Holdings. If investors know MeiraGTx 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 MeiraGTx Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.20) | Revenue Per Share 0.13 | Quarterly Revenue Growth (0.92) | Return On Assets (0.37) | Return On Equity (0.92) |
The market value of MeiraGTx Holdings PLC is measured differently than its book value, which is the value of MeiraGTx that is recorded on the company's balance sheet. Investors also form their own opinion of MeiraGTx Holdings' value that differs from its market value or its book value, called intrinsic value, which is MeiraGTx Holdings' 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 MeiraGTx Holdings' market value can be influenced by many factors that don't directly affect MeiraGTx Holdings' 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 MeiraGTx Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if MeiraGTx Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MeiraGTx Holdings' 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.
MeiraGTx Holdings PLC Price To Earning vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining MeiraGTx Holdings's current stock value. Our valuation model uses many indicators to compare MeiraGTx Holdings value to that of its competitors to determine the firm's financial worth. MeiraGTx Holdings PLC is rated top company in revenue category among its peers. It also is considered to be number one stock in price to earning category among its peers . At this time, MeiraGTx Holdings' Total Revenue is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the MeiraGTx Holdings' earnings, one of the primary drivers of an investment's value.MeiraGTx Revenue vs. Competition
MeiraGTx Holdings PLC is rated top company in revenue category among its peers. Market size based on revenue of Health Care industry is now estimated at about 17.3 Million. MeiraGTx Holdings totals roughly 14.02 Million in revenue claiming about 81% of equities under Health Care industry.
MeiraGTx Price To Earning vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
MeiraGTx Holdings |
| = | 14.02 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
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.
MeiraGTx Holdings |
| = | (1.93) X |
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.
MeiraGTx Holdings Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in MeiraGTx Holdings, profitability is also one of the essential criteria for including it into their portfolios because, without profit, MeiraGTx Holdings will eventually generate negative long term returns. The profitability progress is the general direction of MeiraGTx Holdings' change in net profit over the period of time. It can combine multiple indicators of MeiraGTx Holdings, 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 Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -1.4 M | -1.5 M | |
| Net Interest Income | -10.5 M | -10 M | |
| Interest Income | 2.2 M | 2.3 M | |
| Operating Income | -137.1 M | -130.2 M | |
| Net Loss | -131.6 M | -125 M | |
| Income Before Tax | -84 M | -88.2 M | |
| Total Other Income Expense Net | 53 M | 55.7 M | |
| Net Loss | -116.7 M | -110.8 M | |
| Net Loss | -84 M | -88.2 M | |
| Income Tax Expense | 13.6 M | 14.2 M | |
| Non Operating Income Net Other | -7.8 M | -7.4 M | |
| Change To Netincome | 32.9 M | 18.9 M | |
| Net Loss | (1.49) | (1.56) | |
| Income Quality | 1.25 | 1.32 | |
| Net Income Per E B T | 0.99 | 0.78 |
MeiraGTx Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on MeiraGTx Holdings. 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 MeiraGTx Holdings 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 MeiraGTx Holdings' important profitability drivers and their relationship over time.
Use MeiraGTx Holdings 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 MeiraGTx Holdings 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 MeiraGTx Holdings will appreciate offsetting losses from the drop in the long position's value.MeiraGTx Holdings Pair Trading
MeiraGTx Holdings PLC Pair Trading Analysis
The ability to find closely correlated positions to MeiraGTx Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MeiraGTx Holdings 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 MeiraGTx Holdings - 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 MeiraGTx Holdings PLC to buy it.
The correlation of MeiraGTx Holdings 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 MeiraGTx Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MeiraGTx Holdings PLC 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 MeiraGTx Holdings 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 MeiraGTx Holdings position
In addition to having MeiraGTx Holdings 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.Did You Try This Idea?
Run Computers Thematic Idea Now
Computers
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Computers theme has 61 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 Computers Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for MeiraGTx Stock Analysis
When running MeiraGTx Holdings' price analysis, check to measure MeiraGTx Holdings' 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 MeiraGTx Holdings is operating at the current time. Most of MeiraGTx Holdings' value examination focuses on studying past and present price action to predict the probability of MeiraGTx Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MeiraGTx Holdings' price. Additionally, you may evaluate how the addition of MeiraGTx Holdings to your portfolios can decrease your overall portfolio volatility.