Mgi Digital Technology Stock Net Income

FRIIF Stock  USD 12.88  0.00  0.00%   
Fundamental analysis of MGI Digital allows traders to better anticipate movements in MGI Digital's stock price by examining its financial health and performance throughout various phases of its business cycle.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

MGI Digital Technology Company Net Income Analysis

MGI Digital'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 MGI Digital Net Income

    
  5.48 M  
Most of MGI Digital'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, MGI Digital Technology 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

Based on the recorded statements, MGI Digital Technology reported net income of 5.48 M. This is 98.98% lower than that of the Technology sector and significantly higher than that of the Computer Hardware industry. The net income for all United States stocks is 99.04% higher than that of the company.

MGI Net Income Peer Comparison

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

MGI Fundamentals

About MGI Digital Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze MGI Digital Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MGI Digital using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MGI Digital Technology 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.

Currently Active Assets on Macroaxis

Other Information on Investing in MGI Pink Sheet

MGI Digital financial ratios help investors to determine whether MGI Pink Sheet 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 MGI with respect to the benefits of owning MGI Digital security.