Magic Property Plant And Equipment Gross from 2010 to 2024

MEGL Stock  USD 0.50  0.01  2.04%   
Magic Empire Property Plant And Equipment Gross yearly trend continues to be quite stable with very little volatility. Property Plant And Equipment Gross may rise above about 6.5 M this year. From the period between 2010 and 2024, Magic Empire, Property Plant And Equipment Gross regression line of its data series had standard deviation of  981,303 and standard deviation of  981,303. View All Fundamentals
 
Property Plant And Equipment Gross  
First Reported
2010-12-31
Previous Quarter
5.7 M
Current Value
6.5 M
Quarterly Volatility
981.3 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Magic Empire financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Magic Empire's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.2 M, Interest Expense of 142.7 K or Selling General Administrative of 3.8 M, as well as many indicators such as Price To Sales Ratio of 12.86, Dividend Yield of 0.0066 or PTB Ratio of 1.32. Magic financial statements analysis is a perfect complement when working with Magic Empire Valuation or Volatility modules.
  
Check out the analysis of Magic Empire Correlation against competitors.

Latest Magic Empire's Property Plant And Equipment Gross Growth Pattern

Below is the plot of the Property Plant And Equipment Gross of Magic Empire Global over the last few years. It is Magic Empire's Property Plant And Equipment Gross historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Magic Empire's overall financial position and show how it may be relating to other accounts over time.
Property Plant And Equipment Gross10 Years Trend
Slightly volatile
   Property Plant And Equipment Gross   
       Timeline  

Magic Property Plant And Equipment Gross Regression Statistics

Arithmetic Mean4,949,590
Geometric Mean4,873,383
Coefficient Of Variation19.83
Mean Deviation760,479
Median4,431,081
Standard Deviation981,303
Sample Variance963B
Range3.2M
R-Value0.67
Mean Square Error574B
R-Squared0.45
Significance0.01
Slope146,617
Total Sum of Squares13.5T

Magic Property Plant And Equipment Gross History

20246.5 M
20235.7 M
20225.7 M
20217.6 M

About Magic Empire Financial Statements

Magic Empire investors utilize fundamental indicators, such as Property Plant And Equipment Gross, to predict how Magic Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Property Plant And Equipment Gross5.7 M6.5 M

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When determining whether Magic Empire Global is a strong investment it is important to analyze Magic Empire's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Magic Empire's future performance. For an informed investment choice regarding Magic Stock, refer to the following important reports:
Check out the analysis of Magic Empire Correlation against competitors.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Asset Management & Custody Banks 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 Magic Empire. If investors know Magic 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 Magic Empire 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
(0.14)
Revenue Per Share
0.762
Quarterly Revenue Growth
0.269
Return On Assets
(0)
Return On Equity
(0)
The market value of Magic Empire Global is measured differently than its book value, which is the value of Magic that is recorded on the company's balance sheet. Investors also form their own opinion of Magic Empire's value that differs from its market value or its book value, called intrinsic value, which is Magic Empire'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 Magic Empire's market value can be influenced by many factors that don't directly affect Magic Empire'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 Magic Empire's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magic Empire is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magic Empire'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.