MGIC Financial Statements From 2010 to 2024
| MGC Stock | EUR 23.40 0.20 0.86% |
Check MGIC Investment financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MGIC Investment's main balance sheet or income statement drivers, such as , as well as many indicators such as . MGIC financial statements analysis is a perfect complement when working with MGIC Investment Valuation or Volatility modules.
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MGIC Investment Company Return On Asset Analysis
MGIC Investment's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current MGIC Investment Return On Asset | 0.11 |
Most of MGIC Investment's fundamental indicators, such as Return On Asset, 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, MGIC Investment is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Based on the latest financial disclosure, MGIC Investment has a Return On Asset of 0.1088. This is 123.15% lower than that of the Financial Services sector and 98.11% lower than that of the Insurance - Specialty industry. The return on asset for all Germany stocks is 177.71% lower than that of the firm.
MGIC Investment Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining MGIC Investment's current stock value. Our valuation model uses many indicators to compare MGIC Investment value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across MGIC Investment competition to find correlations between indicators driving MGIC Investment's intrinsic value. More Info.MGIC Investment is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about 0.60 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for MGIC Investment is roughly 1.67 . 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 MGIC Investment's earnings, one of the primary drivers of an investment's value.About MGIC Investment Financial Statements
MGIC Investment stakeholders use historical fundamental indicators, such as MGIC Investment's revenue or net income, to determine how well the company is positioned to perform in the future. Although MGIC Investment investors may analyze each financial statement separately, they are all interrelated. For example, changes in MGIC Investment's assets and liabilities are reflected in the revenues and expenses on MGIC Investment's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in MGIC Investment. Please read more on our technical analysis and fundamental analysis pages.
MGIC Investment Corporation, through its subsidiaries, provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services to lenders and government sponsored entities in the United States. MGIC Investment Corporation was founded in 1957 and is headquartered in Milwaukee, Wisconsin. MGIC INV operates under Insurance - Specialty classification in Germany and is traded on Frankfurt Stock Exchange. It employs 793 people.
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Other Information on Investing in MGIC Stock
MGIC Investment financial ratios help investors to determine whether MGIC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in MGIC with respect to the benefits of owning MGIC Investment security.