Is Majic Wheels Stock a Good Investment?
Majic Wheels Investment Advice | MJWL |
- Examine Majic Wheels' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Majic Wheels' leadership team and their track record. Good management can help Majic Wheels navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Environmental & Facilities Services space and any emerging trends that could impact Majic Wheels' business and its evolving consumer preferences.
- Compare Majic Wheels' performance and market position to its competitors. Analyze how Majic Wheels is positioned in terms of product offerings, innovation, and market share.
- Check if Majic Wheels pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Majic Wheels' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Majic Wheels Corp stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Majic Wheels Corp is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very High | Details | |
Economic Sensitivity | Very regressive towards the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Very Weak | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Majic Wheels Stock
Researching Majic Wheels' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). The company has Price/Earnings To Growth (PEG) ratio of 0.91. Majic Wheels Corp recorded a loss per share of 0.01. The entity had not issued any dividends in recent years. The firm had 2:1 split on the 18th of March 2009.
To determine if Majic Wheels is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Majic Wheels' research are outlined below:
| Majic Wheels Corp generated a negative expected return over the last 90 days | |
| Majic Wheels Corp has high historical volatility and very poor performance | |
| Majic Wheels Corp has some characteristics of a very speculative penny stock | |
| Majic Wheels Corp has a very high chance of going through financial distress in the upcoming years | |
| Majic Wheels Corp currently holds 290.12 K in liabilities. Majic Wheels Corp has a current ratio of 0.02, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Majic Wheels' use of debt, we should always consider it together with its cash and equity. | |
| Net Loss for the year was (1.46 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Majic Wheels Corp currently holds about 8.3 K in cash with (80.29 K) of positive cash flow from operations. | |
| Majic Wheels Corp has a very weak financial position based on the latest SEC disclosures |
Majic Wheels' market capitalization trends
The company currently falls under 'Nano-Cap' category with a current market capitalization of 390.67 K.Market Cap |
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Majic Wheels' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (82.36) | (86.48) | |
| Return On Capital Employed | 0.38 | 0.36 | |
| Return On Assets | (1.70) | (1.79) | |
| Return On Equity | 0.79 | 0.75 |
Determining Majic Wheels' profitability involves analyzing its financial statements and using various financial metrics to determine if Majic Wheels is a good buy. For example, gross profit margin measures Majic Wheels' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Majic Wheels' profitability and make more informed investment decisions.
Evaluate Majic Wheels' management efficiency
The value of Return On Tangible Assets is estimated to slide to -86.48. The value of Return On Capital Employed is expected to slide to 0.36. Net Tangible Assets is expected to rise to about (1.8 M) this year. The value of Return On Tangible Assets is estimated to slide to -86.48Majic Wheels' management efficiency ratios could be used to measure how well Majic Wheels manages its routine affairs as well as how well it operates its assets and liabilities.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | (0.02) | (0.02) | |
| Tangible Book Value Per Share | (0.02) | (0.02) | |
| Enterprise Value Over EBITDA | (0.34) | (0.35) | |
| Price Book Value Ratio | (0.10) | (0.10) | |
| Enterprise Value Multiple | (0.34) | (0.35) | |
| Price Fair Value | (0.10) | (0.10) | |
| Enterprise Value | 281.3 K | 267.2 K |
Effective management at Majic Wheels has been a driving force behind its market achievements. We assess the correlation between management practices and financial success to determine the stock's value.
Beta 24.899 |
Basic technical analysis of Majic Stock
As of the 26th of November, Majic Wheels secures the Mean Deviation of 2.25, standard deviation of 10.16, and Risk Adjusted Performance of (0.04). In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Majic Wheels Corp, as well as the relationship between them. Please verify Majic Wheels Corp standard deviation and skewness to decide if Majic Wheels Corp is priced some-what accurately, providing market reflects its recent price of 1.0E-4 per share. As Majic Wheels Corp appears to be a penny stock we also strongly suggest to check its information ratio numbers.Majic Wheels' Outstanding Corporate Bonds
Majic Wheels issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Majic Wheels Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Majic bonds can be classified according to their maturity, which is the date when Majic Wheels Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Understand Majic Wheels' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Majic Wheels' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.04) | |||
| Market Risk Adjusted Performance | 0.4798 | |||
| Mean Deviation | 2.25 | |||
| Coefficient Of Variation | (1,609) | |||
| Standard Deviation | 10.16 | |||
| Variance | 103.23 | |||
| Information Ratio | (0.07) | |||
| Jensen Alpha | (0.48) | |||
| Total Risk Alpha | (2.22) | |||
| Treynor Ratio | 0.4698 | |||
| Maximum Drawdown | 108.33 | |||
| Skewness | (5.63) | |||
| Kurtosis | 47.4 |
| Risk Adjusted Performance | (0.04) | |||
| Market Risk Adjusted Performance | 0.4798 | |||
| Mean Deviation | 2.25 | |||
| Coefficient Of Variation | (1,609) | |||
| Standard Deviation | 10.16 | |||
| Variance | 103.23 | |||
| Information Ratio | (0.07) | |||
| Jensen Alpha | (0.48) | |||
| Total Risk Alpha | (2.22) | |||
| Treynor Ratio | 0.4698 | |||
| Maximum Drawdown | 108.33 | |||
| Skewness | (5.63) | |||
| Kurtosis | 47.4 |
Consider Majic Wheels' intraday indicators
Majic Wheels intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Majic Wheels stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 1.0E-4 | |||
| Day Typical Price | 1.0E-4 |
Majic Stock media impact
Far too much social signal, news, headlines, and media speculation about Majic Wheels that are available to investors today. That information is available publicly through Majic media outlets and privately through word of mouth or via Majic internal channels. However, regardless of the origin, that massive amount of Majic data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Majic Wheels news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Majic Wheels relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Majic Wheels' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Majic Wheels alpha.
Majic Wheels Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Majic Wheels can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Majic Wheels Corporate Executives
Elected by the shareholders, the Majic Wheels' board of directors comprises two types of representatives: Majic Wheels inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Majic. The board's role is to monitor Majic Wheels' management team and ensure that shareholders' interests are well served. Majic Wheels' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Majic Wheels' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Subramanyeswara Vempati | Executive CFO | Profile | |
| Kottarapattil Don | Executive CTO | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Majic Wheels 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 housing. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
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.
In summary, please note that there is a difference between Majic Wheels' value and its price, as these two are different measures arrived at by various 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.