Majic Historical Financial Ratios
| MJWL Stock | USD 0.0001 0.00 0.00% |
Majic Wheels is lately reporting on over 110 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Invested Capital of 0.0 will help investors to properly organize and evaluate Majic Wheels Corp financial condition quickly.
Majic |
About Majic Financial Ratios Analysis
Majic Wheels CorpFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Majic Wheels investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Majic financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Majic Wheels history.
Majic Wheels Financial Ratios Chart
Add Fundamental
Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Roic
Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.Intangibles To Total Assets
The ratio of a company's intangible assets (like goodwill and patents) to its total assets.Most ratios from Majic Wheels' fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Majic Wheels Corp current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Majic Wheels 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 housing. At this time, Majic Wheels' Income Quality is quite stable compared to the past year. Graham Number is expected to rise to 0.05 this year, although Book Value Per Share is projected to rise to (0.02).
Majic Wheels fundamentals Correlations
Click cells to compare fundamentals
Majic Wheels Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Majic Wheels 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 housing. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Environmental & Facilities Services 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 Majic Wheels. If investors know Majic 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 Majic Wheels listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.01) | Revenue Per Share 0.001 | Quarterly Revenue Growth 0.558 |
The market value of Majic Wheels Corp is measured differently than its book value, which is the value of Majic that is recorded on the company's balance sheet. Investors also form their own opinion of Majic Wheels' value that differs from its market value or its book value, called intrinsic value, which is Majic Wheels' 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 Majic Wheels' market value can be influenced by many factors that don't directly affect Majic Wheels' 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 Majic Wheels' value and its price as these two are different measures arrived at by different means. Investors typically determine if Majic Wheels is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Majic Wheels' 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.