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MiX Telematics Limited is a software-application business based in the US. MiX Telematics shares (MIXT) are listed on the NYSE and all prices are listed in US Dollars. MiX Telematics employs 1,035 staff and has a trailing 12-month revenue of around USD$128.8 million.
|52-week range||USD$6.4857 - USD$14.9327|
|50-day moving average||USD$13.8091|
|200-day moving average||USD$10.7032|
|Wall St. target price||USD$18.45|
|Dividend yield||USD$0.017 (0.12%)|
|Earnings per share (TTM)||USD$0.425|
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Valuing MiX Telematics stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of MiX Telematics's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
MiX Telematics's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 34x. In other words, MiX Telematics shares trade at around 34x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
MiX Telematics's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.8076. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into MiX Telematics's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
MiX Telematics's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$35.1 million.
The EBITDA is a measure of a MiX Telematics's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$128.8 million|
|Operating margin TTM||13.24%|
|Gross profit TTM||USD$92.6 million|
|Return on assets TTM||6.02%|
|Return on equity TTM||7.59%|
|Market capitalisation||USD$328.5 million|
TTM: trailing 12 months
There are currently 58,084 MiX Telematics shares held short by investors – that's known as MiX Telematics's "short interest". This figure is 47.8% up from 39,290 last month.
There are a few different ways that this level of interest in shorting MiX Telematics shares can be evaluated.
MiX Telematics's "short interest ratio" (SIR) is the quantity of MiX Telematics shares currently shorted divided by the average quantity of MiX Telematics shares traded daily (recently around 42089.855072464). MiX Telematics's SIR currently stands at 1.38. In other words for every 100,000 MiX Telematics shares traded daily on the market, roughly 1380 shares are currently held short.
However MiX Telematics's short interest can also be evaluated against the total number of MiX Telematics shares, or, against the total number of tradable MiX Telematics shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case MiX Telematics's short interest could be expressed as 0% of the outstanding shares (for every 100,000 MiX Telematics shares in existence, roughly 0 shares are currently held short) or 0% of the tradable shares (for every 100,000 tradable MiX Telematics shares, roughly 0 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against MiX Telematics.
Find out more about how you can short MiX Telematics stock.
Dividend payout ratio: 60.35% of net profits
Recently MiX Telematics has paid out, on average, around 60.35% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.71% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), MiX Telematics shareholders could enjoy a 1.71% return on their shares, in the form of dividend payments. In MiX Telematics's case, that would currently equate to about $0.017 per share.
MiX Telematics's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
MiX Telematics's most recent dividend payout was on 4 March 2021. The latest dividend was paid out to all shareholders who bought their shares by 18 February 2021 (the "ex-dividend date").
Over the last 12 months, MiX Telematics's shares have ranged in value from as little as $6.4857 up to $14.9327. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while MiX Telematics's is 0.163. This would suggest that MiX Telematics's shares are less volatile than average (for this exchange).
MiX Telematics Limited provides fleet and mobile asset management solutions through software-as-a-service (Saas) delivery model. The company offers fleet solutions, including MiX Fleet Manager Premium that provides access to secure information about drivers and vehicles; MiX Fleet Manager Essential for monitoring drivers and vehicles; and MiX Asset Manager used to track hardware products and other assets. It also provides consumer solutions, including Matrix that provides vehicle tracking, telematics, and personal safety services; and Beame, a wireless device, which offers vehicle recovery services. In addition, the company provides value added services comprising driver communication, collision prevention and reduction, satellite communication, track and react bureau, driver performance management, driving monitoring, field services management, driver engagement, fuel management and security solutions, and driver identification solutions, as well as voice kits and keypads, and in-vehicle cameras. It delivers fleet and mobile asset management solutions as SaaS to 818,487 subscribers in South Africa, the Americas, the Middle East, Australia, Europe, and Brazil. The company was founded in 1996 and is based in Boca Raton, Florida.
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