Mgx Minerals Stock Price To Book
MGX Minerals fundamentals help investors to digest information that contributes to MGX Minerals' financial success or failures. It also enables traders to predict the movement of MGX Pink Sheet. The fundamental analysis module provides a way to measure MGX Minerals' 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 MGX Minerals pink sheet.
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MGX Minerals Company Price To Book Analysis
MGX Minerals' Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current MGX Minerals Price To Book | 1.40 X |
Most of MGX Minerals' fundamental indicators, such as Price To Book, 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, MGX Minerals is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
| Competition |
Based on the latest financial disclosure, MGX Minerals has a Price To Book of 1.4045 times. This is 88.47% lower than that of the Basic Materials sector and significantly higher than that of the Other Industrial Metals & Mining industry. The price to book for all United States stocks is 85.23% higher than that of the company.
MGX Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses MGX Minerals' direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of MGX Minerals could also be used in its relative valuation, which is a method of valuing MGX Minerals by comparing valuation metrics of similar companies.MGX Minerals is currently under evaluation in price to book category among its peers.
MGX Fundamentals
| Return On Equity | -4.08 | |||
| Return On Asset | -0.15 | |||
| Current Valuation | 7.48 M | |||
| Shares Outstanding | 156.64 M | |||
| Shares Owned By Institutions | 0.01 % | |||
| Price To Earning | (6.41) X | |||
| Price To Book | 1.40 X | |||
| EBITDA | (24.75 M) | |||
| Net Income | (23.96 M) | |||
| Cash And Equivalents | 12.78 K | |||
| Total Debt | 2.98 M | |||
| Debt To Equity | 0.05 % | |||
| Current Ratio | 0.08 X | |||
| Book Value Per Share | (0.04) X | |||
| Cash Flow From Operations | (1.14 M) | |||
| Earnings Per Share | (0.09) X | |||
| Beta | 1.14 | |||
| Market Capitalization | 615.48 K | |||
| Total Asset | 12.11 M | |||
| Z Score | -6.6 | |||
| Net Asset | 12.11 M |
About MGX Minerals Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze MGX Minerals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MGX Minerals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MGX Minerals 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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Other Information on Investing in MGX Pink Sheet
MGX Minerals financial ratios help investors to determine whether MGX Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in MGX with respect to the benefits of owning MGX Minerals security.