Magindustries Corp Stock Fundamentals

MAAFF Stock  USD 0.0001  0.00  0.00%   
MagIndustries Corp fundamentals help investors to digest information that contributes to MagIndustries Corp's financial success or failures. It also enables traders to predict the movement of MagIndustries Stock. The fundamental analysis module provides a way to measure MagIndustries Corp'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 MagIndustries Corp stock.
At this time, MagIndustries Corp's Other Operating Expenses is most likely to increase significantly in the upcoming years. The MagIndustries Corp's current Total Operating Expenses is estimated to increase to about 36.9 M, while Gross Profit is forecasted to increase to (8.4 M).
  
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MagIndustries Corp Company Return On Asset Analysis

MagIndustries Corp'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.

Return On Asset

 = 

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current MagIndustries Corp Return On Asset

    
  -0.0641  
Most of MagIndustries Corp'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, MagIndustries Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

MagIndustries Return On Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for MagIndustries Corp is extremely important. It helps to project a fair market value of MagIndustries Stock properly, considering its historical fundamentals such as Return On Asset. Since MagIndustries Corp's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of MagIndustries Corp's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of MagIndustries Corp's interrelated accounts and indicators.
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.
Competition

MagIndustries Total Assets

Total Assets

114.39 Million

At this time, MagIndustries Corp's Total Assets are most likely to increase significantly in the upcoming years.
Based on the latest financial disclosure, MagIndustries Corp has a Return On Asset of -0.0641. This is 108.66% lower than that of the Paper & Forest Products sector and 106.41% lower than that of the Materials industry. The return on asset for all United States stocks is 54.21% lower than that of the firm.

MagIndustries Corp Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining MagIndustries Corp's current stock value. Our valuation model uses many indicators to compare MagIndustries Corp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across MagIndustries Corp competition to find correlations between indicators driving MagIndustries Corp's intrinsic value. More Info.
MagIndustries Corp is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers . At this time, MagIndustries Corp's Return On Equity is most likely to increase slightly in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value MagIndustries Corp by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

MagIndustries Return On Asset Peer Comparison

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

MagIndustries Fundamentals

About MagIndustries Corp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze MagIndustries Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MagIndustries Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MagIndustries Corp 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.
Last ReportedProjected for Next Year
Total Revenue8.8 M10.9 M
Cost Of Revenue20.1 M15 M
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 3.61  3.43 
Capex To Revenue 5.03  4.78 
Revenue Per Share 0.01  0.01 
Ebit Per Revenue(3.40)(3.57)

Currently Active Assets on Macroaxis

When determining whether MagIndustries Corp is a strong investment it is important to analyze MagIndustries Corp'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 MagIndustries Corp's future performance. For an informed investment choice regarding MagIndustries Stock, refer to the following important reports:
Check out MagIndustries Corp Piotroski F Score and MagIndustries Corp Altman Z Score analysis.
For more detail on how to invest in MagIndustries Stock please use our How to Invest in MagIndustries Corp guide.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Paper & Forest Products 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 MagIndustries Corp. If investors know MagIndustries 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 MagIndustries Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share
0.003
Return On Assets
(0.06)
Return On Equity
(0.35)
The market value of MagIndustries Corp is measured differently than its book value, which is the value of MagIndustries that is recorded on the company's balance sheet. Investors also form their own opinion of MagIndustries Corp's value that differs from its market value or its book value, called intrinsic value, which is MagIndustries Corp'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 MagIndustries Corp's market value can be influenced by many factors that don't directly affect MagIndustries Corp'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 MagIndustries Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if MagIndustries Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MagIndustries Corp'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.