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Millat TractorsKAR:MTL +0.73%79 3-1 Month Momentum % is -1.83% as of Sep. 21, 2026. GuruFocus rates KAR:MTL with a GF Score™ of 79/100 and a GF Value™ of ₨274.32 (Fairly Valued). The stock has 6 warning signs investors should review. Among 217 Farm & Heavy Construction Machinery companies, Millat Tractors ranks worse than 53.92% on this metric.
3-1 Month Momentum % is the total return of the stock from 3-month ago to 1-month ago. As of today (2026-09-21), Millat Tractors's 3-1 Month Momentum % is -1.83%.
The industry rank for Millat Tractors's 3-1 Month Momentum % or its related term are showing as below:
KAR:MTL's 3-1 Month Momentum % is ranked worse than 53.92% of 217
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: -0.99
vs KAR:MTL: -1.83
Millat Tractors (KAR:MTL) 3-1 Month Momentum % Explanation
Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 3-1 Month Momentum % measures the total return to a stock over the past three months, but ignores the previous month.
The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.
Millat Tractors 3-1 Month Momentum % Related Terms
KAR:MTL vs CAT, DE, PCAR: 3-1 Month Momentum % Comparison
For the Farm & Heavy Construction Machinery subindustry, Millat Tractors's 3-1 Month Momentum %, along with its competitors' market caps and 3-1 Month Momentum % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Millat Tractors 3-1 Month Momentum % vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Millat Tractors's 3-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Millat Tractors's 3-1 Month Momentum % falls into.
Millat Tractors (KAR:MTL) 3-1 Month Momentum % Calculation
3-1 Month Momentum % is calculated as following:
3-1 Month Momentum %
=
( Price 1-month ago
/
Price 3-month ago
- 1 )
*
100 %
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Millat Tractors (KAR:MTL) has a 3-1 Month Momentum % of -1.83% as of Sep. 21, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Millat Tractors and its competitors. According to the industry distribution chart, Millat Tractors ranks #117 out of 217 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 53.9%.
Is Millat Tractors' 3-1 Month Momentum % too high?
Millat Tractors' current 3-1 Month Momentum % is -1.83%. Based on the distribution chart, Millat Tractors ranks #117 out of 217 companies in the Farm & Heavy Construction Machinery industry, which is below the industry midpoint. Overall, Millat Tractors has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Millat Tractors' 3-1 Month Momentum % compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Millat Tractors ranks #117 out of 217 companies for 3-1 Month Momentum %. This places Millat Tractors in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-1 Month Momentum % for a Farm & Heavy Construction Machinery company?
A good 3-1 Month Momentum % depends on the Farm & Heavy Construction Machinery industry context. However, 3-1 Month Momentum % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-1 Month Momentum % mean?
A high 3-1 Month Momentum % can signal that a stock is expensive relative to its fundamentals. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Millat Tractors and its competitors. Millat Tractors's current 3-1 Month Momentum % is -1.83%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millat Tractors stock overvalued right now?
Based on GuruFocus' analysis, Millat Tractors (KAR:MTL) is currently considered Fairly Valued. The stock's GF Value™ is ₨274.32, compared to a current price of ₨300.49 — trading 9.5% above its estimated fair value. The current 3-1 Month Momentum % is -1.83%. Millat Tractors' overall GF Score™ is 79/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-1 Month Momentum % calculated?
3-1 Month Momentum % is calculated from a company's financial statements. For Millat Tractors (KAR:MTL), the current 3-1 Month Momentum % is -1.83% as of Sep. 21, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Millat Tractors (KAR:MTL) Overvalued in 2026?
Based on GuruFocus' analysis, Millat Tractors stock appears to be overvalued.
The current stock price of ₨300.49 is trading 9.5% above its estimated GF Value™ of ₨274.32.
GuruFocus considers Millat Tractors to be Fairly Valued.
Key valuation signals for KAR:MTL:
3-1 Month Momentum %: -1.83%
GF Value™: ₨274.32 vs. price of ₨300.49 (9.5% above fair value)
No single metric tells the full story. See the KAR:MTL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Millat Tractors Ltd operates in the automobile sector. It is engaged in assembling and manufacturing of agricultural tractors, implements and multi-application products. The Company is also involved in the sale, implementation and support of IFS applications in Pakistan and abroad. The company's operating segment includes Tractors; Tractor components; Castings and Others. It generates maximum revenue from the Tractors segment. The tractor components segment is engaged in the business of manufacturing automotive, agricultural and industrial vehicle parts and components.
79GF Score
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