Mgic Investment Stock Net Income
MGC Stock | EUR 24.40 0.60 2.52% |
MGIC INVESTMENT fundamentals help investors to digest information that contributes to MGIC INVESTMENT's financial success or failures. It also enables traders to predict the movement of MGIC Stock. The fundamental analysis module provides a way to measure MGIC INVESTMENT'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 MGIC INVESTMENT stock.
MGIC |
MGIC INVESTMENT Company Net Income Analysis
MGIC INVESTMENT'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 MGIC INVESTMENT Net Income | 865.35 M |
Most of MGIC INVESTMENT'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, MGIC INVESTMENT 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, MGIC INVESTMENT reported net income of 865.35 M. This is much higher than that of the Other sector and significantly higher than that of the Other industry. The net income for all Germany stocks is notably lower than that of the firm.
MGIC Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses MGIC INVESTMENT'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 MGIC INVESTMENT could also be used in its relative valuation, which is a method of valuing MGIC INVESTMENT by comparing valuation metrics of similar companies.MGIC INVESTMENT is currently under evaluation in net income category among its peers.
MGIC Fundamentals
Current Valuation | 4.1 B | |||
Price To Book | 0.86 X | |||
Price To Sales | 3.60 X | |||
Revenue | 1.17 B | |||
Net Income | 865.35 M | |||
Total Debt | 662.81 M | |||
Cash Flow From Operations | 650.01 M | |||
Market Capitalization | 4.12 B | |||
Total Asset | 6.21 B | |||
Z Score | 3.6 | |||
Annual Yield | 0.02 % | |||
Net Asset | 6.21 B |
About MGIC INVESTMENT Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze MGIC INVESTMENT's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MGIC INVESTMENT using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MGIC INVESTMENT 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 MGIC Stock Analysis
When running MGIC INVESTMENT's price analysis, check to measure MGIC INVESTMENT'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 MGIC INVESTMENT is operating at the current time. Most of MGIC INVESTMENT's value examination focuses on studying past and present price action to predict the probability of MGIC INVESTMENT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MGIC INVESTMENT's price. Additionally, you may evaluate how the addition of MGIC INVESTMENT to your portfolios can decrease your overall portfolio volatility.