Magyar Bancorp Stock Return On Equity

MGYR Stock

USD 13.91 0.26 1.90%

Magyar Bancorp fundamentals help investors to digest information that contributes to Magyar Bancorp's financial success or failures. It also enables traders to predict the movement of Magyar Stock. The fundamental analysis module provides a way to measure Magyar Bancorp'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 Magyar Bancorp stock.

		Last Reported	Projected for Next Year
	Return On Equity	0.07	0.07

As of 11/28/2024, Return On Equity is likely to grow to 0.07.

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Magyar Bancorp Company Return On Equity Analysis

Magyar Bancorp'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.

Return On Equity

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current Magyar Bancorp Return On Equity

0.0723

Most of Magyar Bancorp'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, Magyar Bancorp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Magyar Return On Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for Magyar Bancorp is extremely important. It helps to project a fair market value of Magyar Stock properly, considering its historical fundamentals such as Return On Equity. Since Magyar Bancorp'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 Magyar Bancorp'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 Magyar Bancorp's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Long Term Debt	Net Receivables	Short Term Investments	Total Liab	Total Current Assets	Property Plant Equipment	Treasury Stock	Common Stock	Net Tangible Assets	Total Permanent Equity	Capital Surpluse	Long Term Investments	Intangible Assets	Short Long Term Debt	Short Term Debt	Earning Assets	Current Deferred Revenue	Net Invested Capital	Capital Stock
Total Assets		0.75	-0.58	0.9	-0.62	0.08	0.59	0.01	1.0	0.61	0.12	-0.62	0.78	0.82	0.68	0.64	-0.32	-0.24	-0.19	-0.16	-0.62	-0.43	0.85	0.75
Total Stockholder Equity	0.75		-0.87	0.8	-0.79	-0.22	0.8	-0.09	0.72	0.82	0.05	-0.94	0.88	0.84	0.68	0.97	-0.67	-0.36	-0.32	-0.15	-0.81	-0.47	0.86	0.93
Net Debt	-0.58	-0.87		-0.77	0.82	0.26	-0.7	0.28	-0.53	-0.73	0.31	0.94	-0.86	-0.85	-0.57	-0.92	0.78	0.41	0.33	0.11	0.69	0.35	-0.84	-0.88
Retained Earnings	0.9	0.8	-0.77		-0.73	-0.16	0.64	-0.15	0.88	0.65	-0.24	-0.81	0.92	0.96	0.63	0.78	-0.47	-0.43	-0.32	-0.22	-0.7	-0.46	0.92	0.88
Accounts Payable	-0.62	-0.79	0.82	-0.73		0.01	-0.56	0.15	-0.59	-0.59	0.28	0.82	-0.75	-0.78	-0.52	-0.81	0.48	0.48	0.46	0.14	0.69	0.2	-0.86	-0.77
Long Term Debt	0.08	-0.22	0.26	-0.16	0.01		-0.15	0.25	0.13	-0.12	0.08	0.42	-0.38	-0.3	0.27	-0.38	0.33	-0.2	0.2	0.17	-0.01	0.05	0.05	-0.37
Net Receivables	0.59	0.8	-0.7	0.64	-0.56	-0.15		-0.17	0.58	1.0	0.02	-0.74	0.71	0.56	0.46	0.78	-0.76	-0.25	-0.26	-0.2	-0.67	-0.28	0.73	0.77
Short Term Investments	0.01	-0.09	0.28	-0.15	0.15	0.25	-0.17		0.03	-0.14	0.4	0.25	-0.24	-0.18	0.12	-0.21	0.17	-0.04	-0.45	-0.17	-0.13	-0.49	-0.1	-0.23
Total Liab	1.0	0.72	-0.53	0.88	-0.59	0.13	0.58	0.03		0.6	0.14	-0.57	0.74	0.78	0.68	0.6	-0.28	-0.22	-0.17	-0.16	-0.6	-0.42	0.83	0.71
Total Current Assets	0.61	0.82	-0.73	0.65	-0.59	-0.12	1.0	-0.14	0.6		0.02	-0.76	0.72	0.59	0.49	0.8	-0.78	-0.28	-0.29	-0.2	-0.71	-0.3	0.76	0.79
Property Plant Equipment	0.12	0.05	0.31	-0.24	0.28	0.08	0.02	0.4	0.14	0.02		0.22	-0.16	-0.23	-0.06	-0.11	0.02	0.48	0.18	0.09	0.12	0.06	-0.19	-0.13
Treasury Stock	-0.62	-0.94	0.94	-0.81	0.82	0.42	-0.74	0.25	-0.57	-0.76	0.22		-0.93	-0.89	-0.54	-0.99	0.71	0.43	0.38	0.2	0.75	0.37	-0.83	-0.96
Common Stock	0.78	0.88	-0.86	0.92	-0.75	-0.38	0.71	-0.24	0.74	0.72	-0.16	-0.93		0.96	0.52	0.91	-0.66	-0.36	-0.32	-0.2	-0.71	-0.37	0.88	0.99
Net Tangible Assets	0.82	0.84	-0.85	0.96	-0.78	-0.3	0.56	-0.18	0.78	0.59	-0.23	-0.89	0.96		0.59	0.86	-0.54	-0.41	-0.33	-0.19	-0.68	-0.43	0.88	0.92
Total Permanent Equity	0.68	0.68	-0.57	0.63	-0.52	0.27	0.46	0.12	0.68	0.49	-0.06	-0.54	0.52	0.59		0.58	-0.22	-0.52	-0.14	-0.24	-0.56	-0.7	0.65	0.55
Capital Surpluse	0.64	0.97	-0.92	0.78	-0.81	-0.38	0.78	-0.21	0.6	0.8	-0.11	-0.99	0.91	0.86	0.58		-0.72	-0.39	-0.35	-0.18	-0.77	-0.4	0.83	0.95
Long Term Investments	-0.32	-0.67	0.78	-0.47	0.48	0.33	-0.76	0.17	-0.28	-0.78	0.02	0.71	-0.66	-0.54	-0.22	-0.72		0.2	0.24	0.07	0.49	0.16	-0.58	-0.7
Intangible Assets	-0.24	-0.36	0.41	-0.43	0.48	-0.2	-0.25	-0.04	-0.22	-0.28	0.48	0.43	-0.36	-0.41	-0.52	-0.39	0.2		0.3	0.17	0.46	0.41	-0.47	-0.37
Short Long Term Debt	-0.19	-0.32	0.33	-0.32	0.46	0.2	-0.26	-0.45	-0.17	-0.29	0.18	0.38	-0.32	-0.33	-0.14	-0.35	0.24	0.3		0.56	0.38	0.27	-0.39	-0.34
Short Term Debt	-0.16	-0.15	0.11	-0.22	0.14	0.17	-0.2	-0.17	-0.16	-0.2	0.09	0.2	-0.2	-0.19	-0.24	-0.18	0.07	0.17	0.56		0.07	0.07	-0.2	-0.2
Earning Assets	-0.62	-0.81	0.69	-0.7	0.69	-0.01	-0.67	-0.13	-0.6	-0.71	0.12	0.75	-0.71	-0.68	-0.56	-0.77	0.49	0.46	0.38	0.07		0.51	-0.83	-0.75
Current Deferred Revenue	-0.43	-0.47	0.35	-0.46	0.2	0.05	-0.28	-0.49	-0.42	-0.3	0.06	0.37	-0.37	-0.43	-0.7	-0.4	0.16	0.41	0.27	0.07	0.51		-0.35	-0.38
Net Invested Capital	0.85	0.86	-0.84	0.92	-0.86	0.05	0.73	-0.1	0.83	0.76	-0.19	-0.83	0.88	0.88	0.65	0.83	-0.58	-0.47	-0.39	-0.2	-0.83	-0.35		0.88
Capital Stock	0.75	0.93	-0.88	0.88	-0.77	-0.37	0.77	-0.23	0.71	0.79	-0.13	-0.96	0.99	0.92	0.55	0.95	-0.7	-0.37	-0.34	-0.2	-0.75	-0.38	0.88

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Magyar Return On Equity Historical Pattern

Today, most investors in Magyar Bancorp Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Magyar Bancorp'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 Magyar Bancorp return on equity as a starting point in their analysis.

Magyar Bancorp Return On Equity

Timeline

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.

Competition

Predict Magyar Bancorp

Return On Equity Over Time

Magyar Total Stockholder Equity

Total Stockholder Equity

126.53 Million

At this time, Magyar Bancorp's Total Stockholder Equity is relatively stable compared to the past year.

Based on the latest financial disclosure, Magyar Bancorp has a Return On Equity of 0.0723. This is 95.01% lower than that of the Banks sector and significantly higher than that of the Financials industry. The return on equity for all United States stocks is 123.32% lower than that of the firm.

Magyar Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Magyar Bancorp'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 Magyar Bancorp could also be used in its relative valuation, which is a method of valuing Magyar Bancorp by comparing valuation metrics of similar companies.

Magyar Bancorp is currently under evaluation in return on equity category among its peers.

Magyar Bancorp Current Valuation Drivers

We derive many important indicators used in calculating different scores of Magyar Bancorp from analyzing Magyar Bancorp's financial statements. These drivers represent accounts that assess Magyar Bancorp's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Magyar Bancorp's important valuation drivers and their relationship over time.

		2019	2020	2021	2022	2023	2024 (projected)
Market Cap		48.5M	69.1M	84.3M	78.0M	70.2M	38.4M

Magyar Bancorp 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, Magyar Bancorp's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Magyar Bancorp's managers, analysts, and investors.

Environmental

Governance

Social

Magyar Fundamentals

	Return On Equity	0.0723
	Return On Asset	0.0084
	Profit Margin	0.25 %
	Operating Margin	0.44 %
	Current Valuation	59.48 M
	Shares Outstanding	6.49 M
	Shares Owned By Insiders	17.63 %
	Shares Owned By Institutions	31.70 %
	Number Of Shares Shorted	5.41 K
	Price To Earning	18.23 X
	Price To Book	0.80 X
	Price To Sales	2.87 X
	Revenue	52.18 M
	Gross Profit	29.43 M
	EBITDA	11.1 M
	Net Income	7.71 M
	Cash And Equivalents	27.94 M
	Cash Per Share	3.94 X
	Total Debt	29.52 M
	Debt To Equity	11.25 %
	Book Value Per Share	17.83 X
	Cash Flow From Operations	8.48 M
	Short Ratio	2.57 X
	Earnings Per Share	1.23 X
	Target Price	13.0
	Beta	0.28
	Market Capitalization	85.93 M
	Total Asset	907.29 M
	Retained Earnings	52.17 M
	Annual Yield	0.02 %
	Net Asset	907.29 M
	Last Dividend Paid	0.2

About Magyar Bancorp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Magyar Bancorp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Magyar Bancorp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Magyar Bancorp 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.

Pair Trading with Magyar Bancorp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Magyar Bancorp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Magyar Bancorp will appreciate offsetting losses from the drop in the long position's value.

Moving together with Magyar Stock

0.78	AX	Axos Financial	Pair Corr
0.77	BY	Byline Bancorp Fiscal Year End 23rd of January 2025	Pair Corr

Moving against Magyar Stock

0.58	CFG-PE	Citizens Financial	Pair Corr
0.57	TFC-PO	Truist Financial	Pair Corr
0.54	TFC-PR	Truist Financial	Pair Corr

The ability to find closely correlated positions to Magyar Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Magyar Bancorp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Magyar Bancorp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Magyar Bancorp to buy it.

The correlation of Magyar Bancorp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Magyar Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Magyar Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Magyar Bancorp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Magyar Stock Analysis

When running Magyar Bancorp's price analysis, check to measure Magyar Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Magyar Bancorp is operating at the current time. Most of Magyar Bancorp's value examination focuses on studying past and present price action to predict the probability of Magyar Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magyar Bancorp's price. Additionally, you may evaluate how the addition of Magyar Bancorp to your portfolios can decrease your overall portfolio volatility.

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