Magic Capex To Depreciation vs Payout Ratio Analysis
| MEGL Stock | USD 0.53 0.01 1.92% |
Magic Empire financial indicator trend analysis is infinitely more than just investigating Magic Empire Global recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Magic Empire Global is a good investment. Please check the relationship between Magic Empire Capex To Depreciation and its Payout Ratio accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magic Empire Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
Capex To Depreciation vs Payout Ratio
Capex To Depreciation vs Payout Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Magic Empire Global Capex To Depreciation account and Payout Ratio. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Magic Empire's Capex To Depreciation and Payout Ratio is -0.51. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Payout Ratio in the same time period over historical financial statements of Magic Empire Global, assuming nothing else is changed. The correlation between historical values of Magic Empire's Capex To Depreciation and Payout Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of Magic Empire Global are associated (or correlated) with its Payout Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payout Ratio has no effect on the direction of Capex To Depreciation i.e., Magic Empire's Capex To Depreciation and Payout Ratio go up and down completely randomly.
Correlation Coefficient | -0.51 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.Payout Ratio
Payout Ratio is the proportion of Magic Empire Global earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Magic Empire Global dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Magic Empire Global is paying out more in dividends than it makes in net income.Most indicators from Magic Empire's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Magic Empire Global current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magic Empire Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. At this time, Magic Empire's Enterprise Value Over EBITDA is quite stable compared to the past year. Enterprise Value Multiple is expected to rise to 57.23 this year, although the value of Selling General Administrative will most likely fall to about 3.8 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 8.0M | 1.6M | 4.1M | 3.9M | Total Revenue | 16.8M | 11.0M | 13.8M | 14.4M |
Magic Empire fundamental ratios Correlations
Click cells to compare fundamentals
Magic Empire Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Is Asset Management & Custody Banks 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 Magic Empire. If investors know Magic 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 Magic Empire listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.14) | Revenue Per Share 0.762 | Quarterly Revenue Growth 0.269 | Return On Assets (0) | Return On Equity (0) |
The market value of Magic Empire Global is measured differently than its book value, which is the value of Magic that is recorded on the company's balance sheet. Investors also form their own opinion of Magic Empire's value that differs from its market value or its book value, called intrinsic value, which is Magic Empire'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 Magic Empire's market value can be influenced by many factors that don't directly affect Magic Empire'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 Magic Empire's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magic Empire is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magic Empire'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.