Magnora Asa Stock Net Income

0MHQ Stock   24.50  0.20  0.81%   
Magnora ASA fundamentals help investors to digest information that contributes to Magnora ASA's financial success or failures. It also enables traders to predict the movement of Magnora Stock. The fundamental analysis module provides a way to measure Magnora ASA's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Magnora ASA stock.
Last ReportedProjected for Next Year
Net Income Applicable To Common Shares14.4 M24.4 M
Net Income11.2 M10.7 M
Net Income Applicable To Common Shares is likely to gain to about 24.4 M in 2024, whereas Net Income is likely to drop slightly above 10.7 M in 2024.
  
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Magnora ASA Company Net Income Analysis

Magnora ASA's 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.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Magnora ASA Net Income

    
  12.5 M  
Most of Magnora ASA's fundamental indicators, such as Net Income, 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, Magnora ASA is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
Competition

Magnora Interest Income

Interest Income

39.61 Million

At this time, Magnora ASA's Interest Income is comparatively stable compared to the past year.
Based on the recorded statements, Magnora ASA reported net income of 12.5 M. This is 95.18% lower than that of the Commercial Services & Supplies sector and significantly higher than that of the Industrials industry. The net income for all United Kingdom stocks is 97.81% higher than that of the company.

Magnora Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Magnora ASA's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Magnora ASA could also be used in its relative valuation, which is a method of valuing Magnora ASA by comparing valuation metrics of similar companies.
Magnora ASA is currently under evaluation in net income category among its peers.

Magnora Fundamentals

About Magnora ASA Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Magnora ASA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Magnora ASA using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Magnora ASA based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for Magnora Stock Analysis

When running Magnora ASA's price analysis, check to measure Magnora ASA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Magnora ASA is operating at the current time. Most of Magnora ASA's value examination focuses on studying past and present price action to predict the probability of Magnora ASA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magnora ASA's price. Additionally, you may evaluate how the addition of Magnora ASA to your portfolios can decrease your overall portfolio volatility.