Magellan Financial Revenue vs. Price To Book
| MFG Stock | 10.93 0.13 1.20% |
Total Revenue | First Reported 2004-09-30 | Previous Quarter 185.2 M | Current Value 208.9 M | Quarterly Volatility 113.7 M |
For Magellan Financial profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Magellan Financial to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Magellan Financial Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Magellan Financial's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Magellan Financial Group over time as well as its relative position and ranking within its peers.
Magellan |
Magellan Financial Price To Book vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Magellan Financial's current stock value. Our valuation model uses many indicators to compare Magellan Financial value to that of its competitors to determine the firm's financial worth. Magellan Financial Group is regarded fourth in revenue category among its peers. It is regarded third in price to book category among its peers . The ratio of Revenue to Price To Book for Magellan Financial Group is about 225,331,216 . At this time, Magellan Financial's Total Revenue is comparatively stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Magellan Financial's earnings, one of the primary drivers of an investment's value.Magellan Revenue vs. Competition
Magellan Financial Group is regarded fourth in revenue category among its peers. Market size based on revenue of Financials industry is now estimated at about 1.31 Billion. Magellan Financial totals roughly 432.68 Million in revenue claiming about 33% of equities under Financials industry.
Magellan Price To Book vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Magellan Financial |
| = | 432.68 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
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.
Magellan Financial |
| = | 1.92 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.
Magellan Price To Book Comparison
Magellan Financial is currently under evaluation in price to book category among its peers.
Magellan Financial Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Magellan Financial, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Magellan Financial will eventually generate negative long term returns. The profitability progress is the general direction of Magellan Financial's change in net profit over the period of time. It can combine multiple indicators of Magellan Financial, 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 Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 391.7 M | 411.2 M | |
| Operating Income | 266.9 M | 203.4 M | |
| Income Before Tax | 326.8 M | 204.3 M | |
| Total Other Income Expense Net | 59.9 M | 62.9 M | |
| Net Income | 238.8 M | 153.7 M | |
| Income Tax Expense | 98.6 M | 103.5 M | |
| Net Income Applicable To Common Shares | 210.1 M | 176.2 M | |
| Net Income From Continuing Ops | 238.8 M | 270.6 M | |
| Net Interest Income | 17.5 M | 18.4 M | |
| Interest Income | 18.5 M | 11.2 M | |
| Change To Netincome | 15.6 M | 16.4 M |
Magellan Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Magellan Financial. 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 Magellan Financial 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 Magellan Financial's important profitability drivers and their relationship over time.
Use Magellan Financial in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Magellan Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Magellan Financial will appreciate offsetting losses from the drop in the long position's value.Magellan Financial Pair Trading
Magellan Financial Group Pair Trading Analysis
The ability to find closely correlated positions to Magellan Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Magellan Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Magellan Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Magellan Financial Group to buy it.
The correlation of Magellan Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Magellan Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Magellan Financial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Magellan Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Magellan Financial position
In addition to having Magellan Financial 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.Did You Try This Idea?
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Consumer Staples ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Consumer Staples ETFs theme has 13 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 Consumer Staples ETFs Theme or any other thematic opportunities.
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Additional Tools for Magellan Stock Analysis
When running Magellan Financial's price analysis, check to measure Magellan Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Magellan Financial is operating at the current time. Most of Magellan Financial's value examination focuses on studying past and present price action to predict the probability of Magellan Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magellan Financial's price. Additionally, you may evaluate how the addition of Magellan Financial to your portfolios can decrease your overall portfolio volatility.