MAG Silver Price To Book vs. Shares Owned By Institutions

MAG Stock  CAD 21.80  0.20  0.93%   
Considering MAG Silver's profitability and operating efficiency indicators, MAG Silver's profitability may be sliding down. It has an above-average likelihood of reporting lower numbers next quarter. Profitability indicators assess MAG Silver's ability to earn profits and add value for shareholders. At this time, MAG Silver's Return On Tangible Assets are very stable compared to the past year. As of the 30th of November 2024, Earnings Yield is likely to grow to 0.05, while PTB Ratio is likely to drop 2.02.
For MAG Silver profitability analysis, we use financial ratios and fundamental drivers that measure the ability of MAG Silver to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well MAG Silver Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between MAG Silver's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of MAG Silver Corp over time as well as its relative position and ranking within its peers.
  
Check out Correlation Analysis.
Please note, there is a significant difference between MAG Silver's value and its price as these two are different measures arrived at by different means. Investors typically determine if MAG Silver is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MAG Silver'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.

MAG Silver Corp Shares Owned By Institutions vs. Price To Book Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining MAG Silver's current stock value. Our valuation model uses many indicators to compare MAG Silver value to that of its competitors to determine the firm's financial worth.
MAG Silver Corp is regarded second in price to book category among its peers. It is regarded fourth in shares owned by institutions category among its peers producing about  21.01  of Shares Owned By Institutions per Price To Book. Comparative valuation analysis is a catch-all model that can be used if you cannot value MAG Silver by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for MAG Silver's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

MAG Shares Owned By Institutions vs. Price To Book

Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

MAG Silver

P/B

 = 

MV Per Share

BV Per Share

 = 
2.78 X
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.

MAG Silver

Shares Held by Institutions

 = 

Funds and Banks

+

Firms

 = 
58.49 %
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.

MAG Shares Owned By Institutions Comparison

MAG Silver is currently under evaluation in shares owned by institutions category among its peers.

MAG Silver Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in MAG Silver, profitability is also one of the essential criteria for including it into their portfolios because, without profit, MAG Silver will eventually generate negative long term returns. The profitability progress is the general direction of MAG Silver's change in net profit over the period of time. It can combine multiple indicators of MAG Silver, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income21.5 M22.6 M
Operating Income-14.3 M-13.6 M
Net Income48.7 M51.1 M
Income Tax Expense5.6 M5.9 M
Income Before Tax54.2 M56.9 M
Total Other Income Expense Net68.6 M72 M
Net Income From Continuing Ops48.7 M51.1 M
Net Income Applicable To Common Shares20.3 M21.3 M
Interest Income2.6 M2.5 M
Net Interest Income2.5 M1.3 M
Change To Netincome-33.7 M-32 M
Net Income Per Share 0.47  0.49 
Income Quality(0.18)(0.17)
Net Income Per E B T 0.90  0.64 

MAG Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on MAG Silver. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of MAG Silver position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the MAG Silver's important profitability drivers and their relationship over time.

Learn to be your own money manager

Our tools can tell you how much better you can do entering a position in MAG Silver without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Use Investing Themes to Complement your MAG Silver position

In addition to having MAG Silver in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Cigarettes
Cigarettes Theme
Tobacco makers and distributors across globe. The Cigarettes theme has 43 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Cigarettes Theme or any other thematic opportunities.
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When determining whether MAG Silver Corp is a strong investment it is important to analyze MAG Silver's 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 MAG Silver's future performance. For an informed investment choice regarding MAG Stock, refer to the following important reports:
Check out Correlation Analysis.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
To fully project MAG Silver's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of MAG Silver Corp at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include MAG Silver's income statement, its balance sheet, and the statement of cash flows.
Potential MAG Silver investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although MAG Silver investors may work on each financial statement separately, they are all related. The changes in MAG Silver's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on MAG Silver's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.