Majic Wheels Net Worth

Majic Wheels Net Worth Breakdown

  MJWL
The net worth of Majic Wheels Corp is the difference between its total assets and liabilities. Majic Wheels' net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of Majic Wheels' assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. Majic Wheels' net worth can be used as a measure of its financial health and stability which can help investors to decide if Majic Wheels is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in Majic Wheels Corp stock.

Majic Wheels Net Worth Analysis

Majic Wheels' net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Majic Wheels' financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Majic Wheels' overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Majic Wheels' net worth analysis. One common approach is to calculate Majic Wheels' market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Majic Wheels' stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Majic Wheels' net worth. This approach calculates the present value of Majic Wheels' future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Majic Wheels' cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Majic Wheels' net worth. This involves comparing Majic Wheels' financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Majic Wheels' net worth relative to its peers.

Enterprise Value

267,196

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' net worth 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

Follow Majic Wheels' market capitalization trends

The company currently falls under 'Nano-Cap' category with a current market capitalization of 390.67 K.

Market Cap

53,464.85

Project Majic Wheels' profitablity

Last ReportedProjected 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 
When accessing Majic Wheels' net worth, it's important to look at multiple sources and consider different scenarios. 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 ReportedProjected 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 Value281.3 K267.2 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.
Revenue
175.8 K
Quarterly Revenue Growth
0.558
Revenue Per Share
0.001
Majic Wheels time-series forecasting models is one of many Majic Wheels' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Majic Wheels' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Majic Wheels Earnings per Share Projection vs Actual

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.
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 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 ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
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.