Mueller Industries Net Income vs. Current Valuation
Is there potential for Stock market expansion? Will Mueller introduce new products? Factors like these will boost the valuation of Mueller Industries. Expected growth trajectory for Mueller significantly influences the price investors are willing to assign. Understanding fair value requires weighing current performance against future potential. All the valuation information about Mueller Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Mueller Industries is measured differently than its book value, which is the value of Mueller that is recorded on the company's balance sheet. Investors also form their own opinion of Mueller Industries' value that differs from its market value or its book value, called intrinsic value, which is Mueller Industries' true underlying value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Because Mueller Industries' market value can be influenced by many factors that don't directly affect Mueller Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Understanding that Mueller Industries' value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Mueller Industries represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Meanwhile, Mueller Industries' quoted price indicates the marketplace figure where supply meets demand through bilateral consent.
Mueller Industries Current Valuation vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Mueller Industries's current stock value. Our valuation model uses many indicators to compare Mueller Industries value to that of its competitors to determine the firm's financial worth. Mueller Industries is regarded fourth in net income category among its peers. It is rated below average in current valuation category among its peers reporting about 22.94 of Current Valuation per Net Income. 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 Mueller Industries' earnings, one of the primary drivers of an investment's value.Mueller Current Valuation vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Mueller Industries |
| = | 617.54 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Mueller Industries |
| = | 14.16 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Mueller Current Valuation vs Competition
Mueller Industries is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Industrials industry is now estimated at about 197.83 Billion. Mueller Industries holds roughly 14.16 Billion in current valuation claiming about 7% of equities under Industrials industry.
Mueller Industries Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Mueller Industries, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Mueller Industries will eventually generate negative long term returns. The profitability progress is the general direction of Mueller Industries' change in net profit over the period of time. It can combine multiple indicators of Mueller Industries, 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.
Mueller Industries, Inc. manufactures and sells copper, brass, aluminum, and plastic products in the United States, the United Kingdom, Canada, South Korea, the Middle East, China, and Mexico. The company was founded in 1917 and is headquartered in Collierville, Tennessee. Mueller Industries operates under Metal Fabrication classification in the United States and is traded on New York Stock Exchange. It employs 5337 people.
Mueller Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Mueller Industries. 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 Mueller Industries 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 Mueller Industries' important profitability drivers and their relationship over time.
Mueller Industries Earnings per Share Projection vs Actual
Use Mueller Industries 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 Mueller Industries 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 Mueller Industries will appreciate offsetting losses from the drop in the long position's value.Mueller Industries Pair Trading
Mueller Industries Pair Trading Analysis
The ability to find closely correlated positions to Mueller Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mueller Industries 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 Mueller Industries - 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 Mueller Industries to buy it.
The correlation of Mueller Industries 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 Mueller Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mueller Industries 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 Mueller Industries 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 Mueller Industries position
In addition to having Mueller Industries 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?
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Domestic and international companies involved in manufacturing and serving automobiles and trucks. The Cars theme has 32 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 Cars Theme or any other thematic opportunities.
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Check out Correlation Analysis. For more detail on how to invest in Mueller Stock please use our How to Invest in Mueller Industries guide.You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
To fully project Mueller Industries' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Mueller Industries at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Mueller Industries' income statement, its balance sheet, and the statement of cash flows.