Mag Silver Corp Stock Net Income
| MAG Stock | CAD 21.17 0.51 2.35% |
MAG Silver Corp fundamentals help investors to digest information that contributes to MAG Silver's financial success or failures. It also enables traders to predict the movement of MAG Stock. The fundamental analysis module provides a way to measure MAG Silver'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 MAG Silver stock.
| Last Reported | Projected for Next Year | ||
| Net Income | 48.7 M | 51.1 M | |
| Net Income From Continuing Ops | 48.7 M | 51.1 M | |
| Net Income Applicable To Common Shares | 20.3 M | 21.3 M | |
| Net Income Per Share | 0.47 | 0.49 | |
| Net Income Per E B T | 0.90 | 0.64 |
MAG | Net Income |
MAG Silver Corp Company Net Income Analysis
MAG Silver'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.
Current MAG Silver Net Income | 48.66 M |
Most of MAG Silver'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, MAG Silver Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
MAG Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for MAG Silver is extremely important. It helps to project a fair market value of MAG Stock properly, considering its historical fundamentals such as Net Income. Since MAG Silver'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 MAG Silver'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 MAG Silver's interrelated accounts and indicators.
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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.
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MAG Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, MAG Silver Corp reported net income of 48.66 M. This is 504.33% lower than that of the Metals & Mining sector and notably lower than that of the Materials industry. The net income for all Canada stocks is 91.48% higher than that of the company.
MAG Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses MAG Silver'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 MAG Silver could also be used in its relative valuation, which is a method of valuing MAG Silver by comparing valuation metrics of similar companies.MAG Silver is currently under evaluation in net income category among its peers.
MAG Silver Current Valuation Drivers
We derive many important indicators used in calculating different scores of MAG Silver from analyzing MAG Silver's financial statements. These drivers represent accounts that assess MAG Silver's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of MAG Silver's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 1.0B | 1.9B | 1.5B | 1.5B | 1.4B | 1.5B | |
| Enterprise Value | 948.1M | 1.8B | 1.4B | 1.5B | 1.4B | 1.4B |
MAG Fundamentals
| Return On Equity | 0.14 | ||||
| Return On Asset | -0.0169 | ||||
| Current Valuation | 2.08 B | ||||
| Shares Outstanding | 103.31 M | ||||
| Shares Owned By Insiders | 0.95 % | ||||
| Shares Owned By Institutions | 58.49 % | ||||
| Number Of Shares Shorted | 1.73 M | ||||
| Price To Earning | (20.66) X | ||||
| Price To Book | 2.80 X | ||||
| EBITDA | (13.98 M) | ||||
| Net Income | 48.66 M | ||||
| Cash And Equivalents | 29.95 M | ||||
| Cash Per Share | 0.93 X | ||||
| Total Debt | 154 K | ||||
| Debt To Equity | 0 % | ||||
| Current Ratio | 116.52 X | ||||
| Book Value Per Share | 5.53 X | ||||
| Cash Flow From Operations | (8.95 M) | ||||
| Short Ratio | 5.39 X | ||||
| Earnings Per Share | 1.01 X | ||||
| Price To Earnings To Growth | (4.98) X | ||||
| Target Price | 19.0 | ||||
| Beta | 1.13 | ||||
| Market Capitalization | 2.24 B | ||||
| Total Asset | 520.53 M | ||||
| Retained Earnings | (129.15 M) | ||||
| Working Capital | 67.26 M | ||||
| Current Asset | 96.37 M | ||||
| Current Liabilities | 1.66 M | ||||
| Net Asset | 520.53 M |
About MAG Silver Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze MAG Silver Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MAG Silver using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MAG Silver 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.
When determining whether MAG Silver Corp is a strong investment it is important to analyze MAG Silver'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 MAG Silver's future performance. For an informed investment choice regarding MAG Stock, refer to the following important reports: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MAG Silver Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.