Majic Wheels Financials
| MJWL Stock | USD 0.0001 0.00 0.00% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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| Return On Equity | 0.75 | 0.79 |
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| Current Ratio | 0.0056 | 0.0059 |
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The financial analysis of Majic Wheels is a critical element in measuring its lifeblood. Investors should not minimize Majic Wheels' ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.
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Majic Wheels Stock Summary
Majic Wheels competes with BQE Water. Majic Wheels Corp. focuses on disruptive industries of Fintech and software development by means of acquisitions. The company was incorporated in 2007 and is based in Houston, Texas. Majic Wheels operates under Waste Management classification in the United States and is traded on OTC Exchange. It employs 2 people.Specialization | Industrials, Commercial & Professional Services |
| Instrument | USA Stock View All |
| Exchange | OTCCE Exchange |
| ISIN | US5607691012 |
| Business Address | 2401 Fountain View |
| Sector | Commercial Services & Supplies |
| Industry | Industrials |
| Benchmark | Dow Jones Industrial |
| Website | majiccorp.co |
| Phone | 832 240 1099 |
| Currency | USD - US Dollar |
Majic Wheels Key Financial Ratios
| Operating Margin | (1.47) % | ||||
| Price To Sales | 2.22 X | ||||
| Gross Profit | 87.07 K | ||||
| EBITDA | (39.26 K) | ||||
| Net Income | (1.46 M) |
Majic Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Majic Wheels's current stock value. Our valuation model uses many indicators to compare Majic Wheels value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Majic Wheels competition to find correlations between indicators driving Majic Wheels's intrinsic value. More Info.Majic Wheels Corp is considered to be number one stock in operating margin category among its peers. It is rated below average in current valuation category among its peers . At this time, Majic Wheels' Operating Profit Margin is quite stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Majic Wheels by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Majic Wheels Corp Systematic Risk
Majic Wheels' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Majic Wheels volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was eight with a total number of output elements of fifty-three. The Beta measures systematic risk based on how returns on Majic Wheels Corp correlated with the market. If Beta is less than 0 Majic Wheels generally moves in the opposite direction as compared to the market. If Majic Wheels Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Majic Wheels Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Majic Wheels is generally in the same direction as the market. If Beta > 1 Majic Wheels moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Majic Wheels Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Majic Wheels' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Majic Wheels growth as a starting point in their analysis.
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Majic Wheels Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Environmental & Facilities Services 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 Majic Wheels. If investors know Majic 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 Majic Wheels listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Majic Wheels Corp is measured differently than its book value, which is the value of Majic that is recorded on the company's balance sheet. Investors also form their own opinion of Majic Wheels' value that differs from its market value or its book value, called intrinsic value, which is Majic Wheels' 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 Majic Wheels' market value can be influenced by many factors that don't directly affect Majic Wheels' 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 Majic Wheels' value and its price as these two are different measures arrived at by different means. Investors typically determine if Majic Wheels is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Majic Wheels' 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.