Magic Empire Net Worth

Magic Empire Net Worth Breakdown

  MEGL
The net worth of Magic Empire Global is the difference between its total assets and liabilities. Magic Empire's net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of Magic Empire's assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. Magic Empire's net worth can be used as a measure of its financial health and stability which can help investors to decide if Magic Empire is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in Magic Empire Global stock.

Magic Empire Net Worth Analysis

Magic Empire's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Magic Empire's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Magic Empire's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Magic Empire's net worth analysis. One common approach is to calculate Magic Empire's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Magic Empire's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Magic Empire's net worth. This approach calculates the present value of Magic Empire's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Magic Empire's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Magic Empire's net worth. This involves comparing Magic Empire's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Magic Empire's net worth relative to its peers.

Enterprise Value

91.17 Million

To determine if Magic Empire is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Magic Empire's net worth research are outlined below:
Magic Empire Global had very high historical volatility over the last 90 days
Magic Empire Global has some characteristics of a very speculative penny stock
The company reported the previous year's revenue of 13.79 M. Net Loss for the year was (483.81 K) with profit before overhead, payroll, taxes, and interest of 15.81 M.
About 52.0% of the company outstanding shares are owned by corporate insiders
Latest headline from news.google.com: Magic Empire Global Ltd. Restructures Share Classes and Leadership - TipRanks
Magic Empire uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Magic Empire Global. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Magic Empire's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
1st of April 2024
Upcoming Quarterly Report
View
31st of December 2023
Next Fiscal Quarter End
View

Know Magic Empire's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Magic Empire is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Magic Empire Global backward and forwards among themselves. Magic Empire's institutional investor refers to the entity that pools money to purchase Magic Empire's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Renaissance Technologies Corp2024-09-30
24.2 K
Moss Adams Wealth Advisors Llc2024-09-30
20 K
Morgan Stanley - Brokerage Accounts2024-09-30
4.7 K
Virtu Financial Llc2024-06-30
0.0
Ubs Group Ag2024-09-30
0.0
Northwestern Mutual Wealth Management Co2024-06-30
0.0
Citadel Advisors Llc2024-09-30
0.0
Hrt Financial Llc2024-09-30
0.0
Note, although Magic Empire's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Follow Magic Empire's market capitalization trends

The company currently falls under 'Nano-Cap' category with a current market capitalization of 9.73 M.

Market Cap

177.3 Million

Project Magic Empire's profitablity

Last ReportedProjected for Next Year
Return On Capital Employed(0.02)(0.02)
The company has Profit Margin (PM) of (0.04) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.19) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.19.
When accessing Magic Empire's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Magic Empire's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Magic Empire's profitability and make more informed investment decisions.

Evaluate Magic Empire's management efficiency

Return On Tangible Assets is expected to rise to -0.0033 this year. Return On Capital Employed is expected to rise to -0.02 this year. At this time, Magic Empire's Non Current Assets Total are quite stable compared to the past year. Non Currrent Assets Other is expected to rise to about 40.6 M this year, although the value of Net Tangible Assets will most likely fall to about 4.7 M. Magic Empire's management efficiency ratios could be used to measure how well Magic Empire manages its routine affairs as well as how well it operates its assets and liabilities.
Last ReportedProjected for Next Year
Book Value Per Share 6.63  6.96 
Tangible Book Value Per Share 6.63  6.96 
Enterprise Value Over EBITDA 54.51  57.23 
Price Book Value Ratio 1.39  1.32 
Enterprise Value Multiple 54.51  57.23 
Price Fair Value 1.39  1.32 
Enterprise Value96 M91.2 M
At Magic Empire Global, effective management practices are pivotal to sustaining long-term profitability. We delve into financial metrics and market conditions to provide a comprehensive analysis of the stock's prospects.
Enterprise Value Revenue
0.3906
Revenue
15.4 M
Quarterly Revenue Growth
0.269
Revenue Per Share
0.762
Return On Equity
(0)
Magic Empire time-series forecasting models is one of many Magic Empire's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Magic Empire's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Magic Empire Earnings per Share Projection vs Actual

When determining whether Magic Empire Global is a strong investment it is important to analyze Magic Empire's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Magic Empire's future performance. For an informed investment choice regarding Magic Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magic Empire Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Asset Management & Custody Banks 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 Magic Empire. If investors know Magic 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 Magic Empire 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
(0.14)
Revenue Per Share
0.762
Quarterly Revenue Growth
0.269
Return On Assets
(0)
Return On Equity
(0)
The market value of Magic Empire Global is measured differently than its book value, which is the value of Magic that is recorded on the company's balance sheet. Investors also form their own opinion of Magic Empire's value that differs from its market value or its book value, called intrinsic value, which is Magic Empire'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 Magic Empire's market value can be influenced by many factors that don't directly affect Magic Empire'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 Magic Empire's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magic Empire is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magic Empire'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.