MagnaChip Semiconductor Net Income vs. Return On Asset
| MX Stock | USD 3.99 0.13 3.37% |
Net Loss | First Reported 2004-06-30 | Previous Quarter -13 M | Current Value -9.6 M | Quarterly Volatility 105.8 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.2 | 0.2245 |
|
|
For MagnaChip Semiconductor profitability analysis, we use financial ratios and fundamental drivers that measure the ability of MagnaChip Semiconductor to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well MagnaChip Semiconductor utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between MagnaChip Semiconductor's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of MagnaChip Semiconductor over time as well as its relative position and ranking within its peers.
MagnaChip |
MagnaChip Semiconductor's Revenue Breakdown by Earning Segment
Check out Correlation Analysis.
Is Semiconductors & Semiconductor Equipment 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 MagnaChip Semiconductor. If investors know MagnaChip 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 MagnaChip Semiconductor listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.95) | Earnings Share (1.16) | Revenue Per Share 5.739 | Quarterly Revenue Growth 0.085 | Return On Assets (0.08) |
The market value of MagnaChip Semiconductor is measured differently than its book value, which is the value of MagnaChip that is recorded on the company's balance sheet. Investors also form their own opinion of MagnaChip Semiconductor's value that differs from its market value or its book value, called intrinsic value, which is MagnaChip Semiconductor's 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 MagnaChip Semiconductor's market value can be influenced by many factors that don't directly affect MagnaChip Semiconductor's 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 MagnaChip Semiconductor's value and its price as these two are different measures arrived at by different means. Investors typically determine if MagnaChip Semiconductor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MagnaChip Semiconductor'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.
MagnaChip Semiconductor Return On Asset vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining MagnaChip Semiconductor's current stock value. Our valuation model uses many indicators to compare MagnaChip Semiconductor value to that of its competitors to determine the firm's financial worth. MagnaChip Semiconductor is rated below average in net income category among its peers. It is rated below average in return on asset category among its peers . MagnaChip Semiconductor reported Net Loss of (36.62 Million) in 2023. 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 MagnaChip Semiconductor's earnings, one of the primary drivers of an investment's value.MagnaChip Semiconductor's Earnings Breakdown by Geography
MagnaChip Return On Asset vs. Net Income
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.
MagnaChip Semiconductor |
| = | (36.62 M) |
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.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
MagnaChip Semiconductor |
| = | -0.0786 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
MagnaChip Return On Asset Comparison
MagnaChip Semiconductor is currently under evaluation in return on asset category among its peers.
MagnaChip Semiconductor Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in MagnaChip Semiconductor, profitability is also one of the essential criteria for including it into their portfolios because, without profit, MagnaChip Semiconductor will eventually generate negative long term returns. The profitability progress is the general direction of MagnaChip Semiconductor's change in net profit over the period of time. It can combine multiple indicators of MagnaChip Semiconductor, 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 | -14.7 M | -13.9 M | |
| Operating Income | -57.6 M | -54.8 M | |
| Income Before Tax | -47.6 M | -45.2 M | |
| Total Other Income Expense Net | 10.1 M | 9.6 M | |
| Net Loss | -36.6 M | -34.8 M | |
| Income Tax Expense | -10.9 M | -10.4 M | |
| Net Loss | -7.2 M | -6.9 M | |
| Net Loss | -27.6 M | -26.2 M | |
| Non Operating Income Net Other | 3.2 M | 3.3 M | |
| Interest Income | 10.3 M | 9.8 M | |
| Net Interest Income | 9.4 M | 9.9 M | |
| Change To Netincome | 14.6 M | 15.4 M | |
| Net Loss | (0.89) | (0.85) | |
| Income Quality | 0.08 | 0.12 | |
| Net Income Per E B T | 0.77 | 0.80 |
MagnaChip Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on MagnaChip Semiconductor. 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 MagnaChip Semiconductor 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 MagnaChip Semiconductor's important profitability drivers and their relationship over time.
Use MagnaChip Semiconductor 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 MagnaChip Semiconductor 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 MagnaChip Semiconductor will appreciate offsetting losses from the drop in the long position's value.MagnaChip Semiconductor Pair Trading
MagnaChip Semiconductor Pair Trading Analysis
The ability to find closely correlated positions to MagnaChip Semiconductor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MagnaChip Semiconductor 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 MagnaChip Semiconductor - 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 MagnaChip Semiconductor to buy it.
The correlation of MagnaChip Semiconductor 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 MagnaChip Semiconductor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MagnaChip Semiconductor 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 MagnaChip Semiconductor 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 MagnaChip Semiconductor position
In addition to having MagnaChip Semiconductor 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 Basic Utilities Thematic Idea Now
Basic Utilities
Companies involved in production and distribution of electric, gas, water, and other energy utilities. The Basic Utilities theme has 44 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 Basic Utilities Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for MagnaChip Stock Analysis
When running MagnaChip Semiconductor's price analysis, check to measure MagnaChip Semiconductor'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 MagnaChip Semiconductor is operating at the current time. Most of MagnaChip Semiconductor's value examination focuses on studying past and present price action to predict the probability of MagnaChip Semiconductor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MagnaChip Semiconductor's price. Additionally, you may evaluate how the addition of MagnaChip Semiconductor to your portfolios can decrease your overall portfolio volatility.