Magindustries Corp Stock Today

MAAFF Stock  USD 0.0001  0.00  0.00%   

Performance

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Odds Of Distress

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MagIndustries Corp is trading at 1.0E-4 as of the 28th of November 2024. This is a No Change since the beginning of the trading day. The stock's lowest day price was 1.0E-4. MagIndustries Corp has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for MagIndustries Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
MagIndustries Corp. engages in mineral and forestry businesses in Canada. MagIndustries Corp. is a subsidiary of Evergreen Resources Holding Ltd. MAGINDUSTRIES CORP operates under Agricultural Inputs classification in the United States and is traded on PNK Exchange. The company has 755.94 M outstanding shares. More on MagIndustries Corp

MagIndustries Stock Highlights

ChairmanXiaolei Liang
Business ConcentrationPaper & Forest Products, Agricultural Inputs, Basic Materials, Materials, Paper & Forest Products, Agricultural Inputs, Basic Materials (View all Sectors)
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.04880.0386
Significantly Up
Pretty Stable
Gross Profit Margin0.350.33
Notably Up
Slightly volatile
Total Current Liabilities120.4 M114.6 M
Sufficiently Up
Slightly volatile
Total Assets114.4 M204.3 M
Way Down
Slightly volatile
MagIndustries Corp (MAAFF) is traded on OTCCE Exchange in USA and employs 315 people. MagIndustries Corp is listed under Paper & Forest Products category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 2.65 M. MagIndustries Corp classifies itself under Paper & Forest Products sector and is part of Materials industry. The entity has 755.94 M outstanding shares. MagIndustries Corp has accumulated about 922 K in cash with (19.17 M) of positive cash flow from operations.
Check MagIndustries Corp Probability Of Bankruptcy

MagIndustries Stock Against Markets

MagIndustries Corp Corporate Management

When determining whether MagIndustries Corp is a strong investment it is important to analyze MagIndustries Corp'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 MagIndustries Corp's future performance. For an informed investment choice regarding MagIndustries Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MagIndustries 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 census.
For more detail on how to invest in MagIndustries Stock please use our How to Invest in MagIndustries Corp guide.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Paper & Forest Products 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 MagIndustries Corp. If investors know MagIndustries 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 MagIndustries Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share
0.003
Return On Assets
(0.06)
Return On Equity
(0.35)
The market value of MagIndustries Corp is measured differently than its book value, which is the value of MagIndustries that is recorded on the company's balance sheet. Investors also form their own opinion of MagIndustries Corp's value that differs from its market value or its book value, called intrinsic value, which is MagIndustries Corp'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 MagIndustries Corp's market value can be influenced by many factors that don't directly affect MagIndustries Corp'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 MagIndustries Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if MagIndustries Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MagIndustries Corp'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.