Majic Wheels Corp Stock Fundamentals

MJWL Stock  USD 0.0001  0.00  0.00%   
Majic Wheels Corp fundamentals help investors to digest information that contributes to Majic Wheels' financial success or failures. It also enables traders to predict the movement of Majic Stock. The fundamental analysis module provides a way to measure Majic Wheels' 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 Majic Wheels stock.
At this time, Majic Wheels' Income Tax Expense is quite stable compared to the past year.
  
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Majic Wheels Corp Company Current Valuation Analysis

Majic Wheels' Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.

Enterprise Value

 = 

Market Cap + Debt

-

Cash

More About Current Valuation | All Equity Analysis

Current Majic Wheels Current Valuation

    
  390.67 K  
Most of Majic Wheels' fundamental indicators, such as Current Valuation, 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, Majic Wheels Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Majic Current Valuation Driver Correlations

Understanding the fundamental principles of building solid financial models for Majic Wheels is extremely important. It helps to project a fair market value of Majic Stock properly, considering its historical fundamentals such as Current Valuation. Since Majic Wheels' 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 Majic Wheels' 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 Majic Wheels' interrelated accounts and indicators.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Competition

In accordance with the recently published financial statements, Majic Wheels Corp has a Current Valuation of 390.67 K. This is 99.99% lower than that of the Commercial Services & Supplies sector and 100.0% lower than that of the Industrials industry. The current valuation for all United States stocks is 100.0% higher than that of the company.

Majic Wheels Corp Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Majic Wheels's current stock value. Our valuation model uses many indicators to compare Majic Wheels value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Majic Wheels competition to find correlations between indicators driving Majic Wheels's intrinsic value. More Info.
Majic Wheels Corp is considered to be number one stock in operating margin category among its peers. It is rated below average in current valuation category among its peers . At this time, Majic Wheels' Operating Profit Margin is quite stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Majic Wheels 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.

Majic Current Valuation Peer Comparison

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

Majic Fundamentals

About Majic Wheels Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Majic Wheels Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Majic Wheels using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Majic Wheels 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
Current Deferred Revenue759.9 K675.4 K

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When determining whether Majic Wheels Corp is a strong investment it is important to analyze Majic Wheels' 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 Majic Wheels' future performance. For an informed investment choice regarding Majic Stock, refer to the following important reports:
Check out Majic Wheels Piotroski F Score and Majic Wheels Altman Z Score analysis.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Is Environmental & Facilities Services 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 Majic Wheels. If investors know Majic 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 Majic Wheels listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.01)
Revenue Per Share
0.001
Quarterly Revenue Growth
0.558
The market value of Majic Wheels Corp is measured differently than its book value, which is the value of Majic that is recorded on the company's balance sheet. Investors also form their own opinion of Majic Wheels' value that differs from its market value or its book value, called intrinsic value, which is Majic Wheels' 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 Majic Wheels' market value can be influenced by many factors that don't directly affect Majic Wheels' 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 Majic Wheels' value and its price as these two are different measures arrived at by different means. Investors typically determine if Majic Wheels is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Majic Wheels' 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.