Mge Energy Stock Return On Equity
MGEE Stock | USD 104.76 1.42 1.37% |
MGE Energy fundamentals help investors to digest information that contributes to MGE Energy's financial success or failures. It also enables traders to predict the movement of MGE Stock. The fundamental analysis module provides a way to measure MGE Energy's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to MGE Energy stock.
Last Reported | Projected for Next Year | ||
Return On Equity | 0.10 | 0.12 |
MGE | Return On Equity |
MGE Energy Company Return On Equity Analysis
MGE Energy's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current MGE Energy Return On Equity | 0.1 |
Most of MGE Energy's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, MGE Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
MGE Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for MGE Energy is extremely important. It helps to project a fair market value of MGE Stock properly, considering its historical fundamentals such as Return On Equity. Since MGE Energy's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of MGE Energy's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of MGE Energy's interrelated accounts and indicators.
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MGE Return On Equity Historical Pattern
Today, most investors in MGE Energy Stock are looking for potential investment opportunities by analyzing not only static indicators but also various MGE Energy's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's return on equity growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of MGE Energy return on equity as a starting point in their analysis.
MGE Energy Return On Equity |
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For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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MGE Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, MGE Energy has a Return On Equity of 0.1018. This is 98.25% lower than that of the Electric Utilities sector and significantly higher than that of the Utilities industry. The return on equity for all United States stocks is 132.84% lower than that of the firm.
MGE Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses MGE Energy's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of MGE Energy could also be used in its relative valuation, which is a method of valuing MGE Energy by comparing valuation metrics of similar companies.MGE Energy is currently under evaluation in return on equity category among its peers.
MGE Energy ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, MGE Energy's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to MGE Energy's managers, analysts, and investors.Environmental | Governance | Social |
MGE Fundamentals
Return On Equity | 0.1 | ||||
Return On Asset | 0.0354 | ||||
Profit Margin | 0.18 % | ||||
Operating Margin | 0.30 % | ||||
Current Valuation | 4.55 B | ||||
Shares Outstanding | 36.21 M | ||||
Shares Owned By Insiders | 0.25 % | ||||
Shares Owned By Institutions | 62.61 % | ||||
Number Of Shares Shorted | 1.61 M | ||||
Price To Earning | 24.90 X | ||||
Price To Book | 3.13 X | ||||
Price To Sales | 5.80 X | ||||
Revenue | 690.43 M | ||||
Gross Profit | 244.47 M | ||||
EBITDA | 276.28 M | ||||
Net Income | 117.7 M | ||||
Cash And Equivalents | 10.62 M | ||||
Cash Per Share | 0.29 X | ||||
Total Debt | 780.01 M | ||||
Debt To Equity | 0.63 % | ||||
Current Ratio | 1.03 X | ||||
Book Value Per Share | 33.01 X | ||||
Cash Flow From Operations | 237.56 M | ||||
Short Ratio | 13.90 X | ||||
Earnings Per Share | 3.31 X | ||||
Target Price | 75.0 | ||||
Beta | 0.7 | ||||
Market Capitalization | 3.79 B | ||||
Total Asset | 2.68 B | ||||
Retained Earnings | 707.16 M | ||||
Working Capital | 81.04 M | ||||
Current Asset | 199.58 M | ||||
Current Liabilities | 83.89 M | ||||
Annual Yield | 0.02 % | ||||
Five Year Return | 2.03 % | ||||
Net Asset | 2.68 B | ||||
Last Dividend Paid | 1.73 |
About MGE Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze MGE Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MGE Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MGE Energy based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether MGE Energy is a strong investment it is important to analyze MGE Energy'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 MGE Energy's future performance. For an informed investment choice regarding MGE Stock, refer to the following important reports:Check out MGE Energy Piotroski F Score and MGE Energy Altman Z Score analysis. For information on how to trade MGE Stock refer to our How to Trade MGE Stock guide.You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Electric Utilities 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 MGE Energy. If investors know MGE 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 MGE Energy 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 0.079 | Dividend Share 1.732 | Earnings Share 3.31 | Revenue Per Share 18.071 | Quarterly Revenue Growth 0.05 |
The market value of MGE Energy is measured differently than its book value, which is the value of MGE that is recorded on the company's balance sheet. Investors also form their own opinion of MGE Energy's value that differs from its market value or its book value, called intrinsic value, which is MGE Energy'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 MGE Energy's market value can be influenced by many factors that don't directly affect MGE Energy'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 MGE Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if MGE Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MGE Energy'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.