Millennium Group International Stock Return On Equity
| MGIH Stock | 1.47 0.05 3.52% |
Millennium Group International fundamentals help investors to digest information that contributes to Millennium Group's financial success or failures. It also enables traders to predict the movement of Millennium Stock. The fundamental analysis module provides a way to measure Millennium Group'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 Millennium Group stock.
| Last Reported | Projected for Next Year | ||
| Return On Equity | (0.01) | (0.01) |
Millennium | Return On Equity |
Millennium Group International Company Return On Equity Analysis
Millennium Group's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Millennium Group Return On Equity | -0.0089 |
Most of Millennium Group's fundamental indicators, such as Return On Equity, 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, Millennium Group International is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Millennium Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Millennium Group is extremely important. It helps to project a fair market value of Millennium Stock properly, considering its historical fundamentals such as Return On Equity. Since Millennium Group'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 Millennium Group'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 Millennium Group's interrelated accounts and indicators.
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For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Millennium Other Stockholder Equity
Other Stockholder Equity |
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Based on the latest financial disclosure, Millennium Group International has a Return On Equity of -0.0089. This is 102.02% lower than that of the Metals & Mining sector and significantly lower than that of the Materials industry. The return on equity for all United States stocks is 97.13% lower than that of the firm.
Millennium Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Millennium Group's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Millennium Group could also be used in its relative valuation, which is a method of valuing Millennium Group by comparing valuation metrics of similar companies.Millennium Group is currently under evaluation in return on equity category among related companies.
Millennium Fundamentals
| Return On Equity | -0.0089 | ||||
| Return On Asset | -0.0108 | ||||
| Profit Margin | (0.01) % | ||||
| Operating Margin | (0.09) % | ||||
| Current Valuation | 2.32 M | ||||
| Shares Outstanding | 11.25 M | ||||
| Shares Owned By Insiders | 88.88 % | ||||
| Shares Owned By Institutions | 0.32 % | ||||
| Number Of Shares Shorted | 6.97 K | ||||
| Price To Book | 0.39 X | ||||
| Price To Sales | 0.34 X | ||||
| Revenue | 45.6 M | ||||
| Gross Profit | 16.27 M | ||||
| EBITDA | 1.96 M | ||||
| Net Income | (354.11 K) | ||||
| Total Debt | 13.6 M | ||||
| Book Value Per Share | 3.55 X | ||||
| Cash Flow From Operations | 8.11 M | ||||
| Short Ratio | 0.20 X | ||||
| Earnings Per Share | (0.03) X | ||||
| Number Of Employees | 792 | ||||
| Market Capitalization | 16.54 M | ||||
| Total Asset | 59.04 M | ||||
| Retained Earnings | 8.27 M | ||||
| Working Capital | 25.36 M | ||||
| Net Asset | 59.04 M |
About Millennium Group Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Millennium Group International's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Millennium Group using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Millennium Group International 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Millennium Group in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Millennium Group's short interest history, or implied volatility extrapolated from Millennium Group options trading.
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Complementary Tools for Millennium Stock analysis
When running Millennium Group's price analysis, check to measure Millennium Group'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 Millennium Group is operating at the current time. Most of Millennium Group's value examination focuses on studying past and present price action to predict the probability of Millennium Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Millennium Group's price. Additionally, you may evaluate how the addition of Millennium Group to your portfolios can decrease your overall portfolio volatility.
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Is Millennium Group's industry 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 Millennium Group. If investors know Millennium 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 Millennium Group 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 (0.50) | Earnings Share (0.03) | Revenue Per Share 4.426 | Quarterly Revenue Growth (0.37) | Return On Assets (0.01) |
The market value of Millennium Group Int is measured differently than its book value, which is the value of Millennium that is recorded on the company's balance sheet. Investors also form their own opinion of Millennium Group's value that differs from its market value or its book value, called intrinsic value, which is Millennium Group'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 Millennium Group's market value can be influenced by many factors that don't directly affect Millennium Group'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 Millennium Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Millennium Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Millennium Group'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.