Magellan Midstream Partners Stock Fundamentals

Magellan Midstream Partners fundamentals help investors to digest information that contributes to Magellan Midstream's financial success or failures. It also enables traders to predict the movement of Magellan Stock. The fundamental analysis module provides a way to measure Magellan Midstream'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 Magellan Midstream stock.
  
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Magellan Midstream Partners Company Return On Asset Analysis

Magellan Midstream's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Return On Asset

 = 

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current Magellan Midstream Return On Asset

    
  0.092  
Most of Magellan Midstream's fundamental indicators, such as Return On Asset, 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, Magellan Midstream Partners is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Competition

Based on the latest financial disclosure, Magellan Midstream Partners has a Return On Asset of 0.092. This is 130.0% higher than that of the Oil, Gas & Consumable Fuels sector and 92.33% lower than that of the Energy industry. The return on asset for all United States stocks is 165.71% lower than that of the firm.

Magellan Midstream Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Magellan Midstream's current stock value. Our valuation model uses many indicators to compare Magellan Midstream value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Magellan Midstream competition to find correlations between indicators driving Magellan Midstream's intrinsic value. More Info.
JavaScript chart by amCharts 3.21.15WESMPLXHEPEPDNSOKEMMP -0.04-0.0200.020.040.060.080.100.12 00.10.20.30.40.50.60.7
Magellan Midstream Partners is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about  0.16  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Magellan Midstream Partners is roughly  6.43 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Magellan Midstream by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Magellan Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Magellan Midstream's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Magellan Midstream could also be used in its relative valuation, which is a method of valuing Magellan Midstream by comparing valuation metrics of similar companies.
0.0920.07650.07570.0589100%
Magellan Midstream is currently under evaluation in return on asset category among its peers.

Magellan Fundamentals

Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

Other Consideration for investing in Magellan Stock

If you are still planning to invest in Magellan Midstream check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Magellan Midstream's history and understand the potential risks before investing.
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