MAGNA INTL Current Valuation vs. Price To Earnings To Growth
| MGA Stock | EUR 36.47 0.02 0.05% |
For MAGNA INTL profitability analysis, we use financial ratios and fundamental drivers that measure the ability of MAGNA INTL to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well MAGNA INTL utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between MAGNA INTL's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of MAGNA INTL over time as well as its relative position and ranking within its peers.
MAGNA |
MAGNA INTL Price To Earnings To Growth vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining MAGNA INTL's current stock value. Our valuation model uses many indicators to compare MAGNA INTL value to that of its competitors to determine the firm's financial worth. MAGNA INTL is regarded third in current valuation category among its peers. It is regarded second in price to earnings to growth category among its peers . The ratio of Current Valuation to Price To Earnings To Growth for MAGNA INTL is about 50,466,277,742 . 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 MAGNA INTL's earnings, one of the primary drivers of an investment's value.MAGNA Current Valuation vs. Competition
MAGNA INTL is regarded third in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Other industry is now estimated at about 342.71 Billion. MAGNA INTL holds roughly 19.47 Billion in current valuation claiming about 6% of all equities under Other industry.
MAGNA Price To Earnings To Growth vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
MAGNA INTL |
| = | 19.47 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.
MAGNA INTL |
| = | 0.39 X |
Generally speaking, PEG ratio is a 'quick and dirty' way to measure how the current price of a firm's stock relates to its earnings and growth rate. The main benefit of using PEG ratio is that investors can compare the relative valuations of companies within different industries without analyzing their P/E ratios.
MAGNA Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on MAGNA INTL. 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 INTL 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 INTL's important profitability drivers and their relationship over time.
Use MAGNA INTL 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 INTL 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 INTL will appreciate offsetting losses from the drop in the long position's value.MAGNA INTL Pair Trading
MAGNA INTL Pair Trading Analysis
The ability to find closely correlated positions to MAGNA INTL 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 INTL 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 INTL - 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 INTL to buy it.
The correlation of MAGNA INTL 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 INTL moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MAGNA INTL 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 INTL 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 INTL position
In addition to having MAGNA INTL 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 Aggressive Funds Thematic Idea Now
Aggressive Funds
Funds or Etfs that attempt to achieve high capital gains by investing in companies with high growth potential and above average risk. The Aggressive Funds theme has 42 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 Aggressive Funds Theme or any other thematic opportunities.
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Additional Tools for MAGNA Stock Analysis
When running MAGNA INTL's price analysis, check to measure MAGNA INTL'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 MAGNA INTL is operating at the current time. Most of MAGNA INTL's value examination focuses on studying past and present price action to predict the probability of MAGNA INTL's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MAGNA INTL's price. Additionally, you may evaluate how the addition of MAGNA INTL to your portfolios can decrease your overall portfolio volatility.