Magna International Revenue vs. Net Income
| MG Stock | CAD 65.05 2.00 3.17% |
Total Revenue | First Reported 1985-09-30 | Previous Quarter 11 B | Current Value 10.3 B | Quarterly Volatility 3.7 B |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.0774 | 0.0815 |
|
| |||||
| Net Profit Margin | 0.0279 | 0.0283 |
|
| |||||
| Operating Profit Margin | 0.0724 | 0.0631 |
|
| |||||
| Pretax Profit Margin | 0.0587 | 0.0375 |
|
| |||||
| Return On Assets | 0.0429 | 0.0378 |
|
| |||||
| Return On Equity | 0.0745 | 0.1026 |
|
|
For Magna International profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Magna International to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Magna International utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Magna International's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Magna International over time as well as its relative position and ranking within its peers.
Magna |
Magna International Net Income vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Magna International's current stock value. Our valuation model uses many indicators to compare Magna International value to that of its competitors to determine the firm's financial worth. Magna International is rated top company in revenue category among its peers. It also is considered to be number one stock in net income category among its peers making up about 0.03 of Net Income per Revenue. The ratio of Revenue to Net Income for Magna International is roughly 33.28 . At this time, Magna International's Total Revenue is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Magna International by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Magna International'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.Magna Revenue vs. Competition
Magna International is rated top company in revenue category among its peers. Market size based on revenue of Consumer Discretionary industry is now estimated at about 119.78 Billion. Magna International totals roughly 42.8 Billion in revenue claiming about 36% of stocks in Consumer Discretionary industry.
Magna Net Income 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.
Magna International |
| = | 42.8 B |
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.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Magna International |
| = | 1.29 B |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Magna Net Income Comparison
Magna International is currently under evaluation in net income category among its peers.
Magna International Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Magna International, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Magna International will eventually generate negative long term returns. The profitability progress is the general direction of Magna International's change in net profit over the period of time. It can combine multiple indicators of Magna International, 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 | -898 M | -853.1 M | |
| Operating Income | 2.2 B | 1.2 B | |
| Income Before Tax | 1.6 B | 1.1 B | |
| Total Other Income Expense Net | -276 M | -262.2 M | |
| Net Income | 1.3 B | 916.1 M | |
| Income Tax Expense | 320 M | 302.1 M | |
| Net Income From Continuing Ops | 1.3 B | 1.2 B | |
| Net Income Applicable To Common Shares | 532.8 M | 506.2 M | |
| Net Interest Income | -156 M | -148.2 M | |
| Interest Income | 86 M | 90.3 M | |
| Change To Netincome | 272.6 M | 286.2 M | |
| Net Income Per Share | 4.24 | 4.45 | |
| Income Quality | 2.49 | 1.92 | |
| Net Income Per E B T | 0.76 | 0.55 |
Magna Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Magna International. 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 Magna International 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 Magna International's important profitability drivers and their relationship over time.
Use Magna International 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 Magna International 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 Magna International will appreciate offsetting losses from the drop in the long position's value.Magna International Pair Trading
Magna International Pair Trading Analysis
The ability to find closely correlated positions to Magna International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Magna International 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 Magna International - 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 Magna International to buy it.
The correlation of Magna International 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 Magna International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Magna International 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 Magna International 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 Magna International position
In addition to having Magna International 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?
Run Momentum Thematic Idea Now
Momentum
Large corporations operating in software, education, financial and car manufacturing industries. The Momentum theme has 40 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 Momentum Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Correlation Analysis. To learn how to invest in Magna Stock, please use our How to Invest in Magna International guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
To fully project Magna International's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Magna International 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 Magna International's income statement, its balance sheet, and the statement of cash flows.