Magyar Bancorp Price To Earning vs. Return On Equity
| MGYR Stock | USD 14.65 0.14 0.96% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.78 | 0.89 |
|
| |||||
| Net Profit Margin | 0.23 | 0.2471 |
|
| |||||
| Operating Profit Margin | 0.33 | 0.3524 |
|
| |||||
| Pretax Profit Margin | 0.33 | 0.3524 |
|
| |||||
| Return On Assets | 0.0086 | 0.0082 |
|
| |||||
| Return On Equity | 0.0739 | 0.0704 |
|
|
For Magyar Bancorp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Magyar Bancorp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Magyar Bancorp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Magyar Bancorp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Magyar Bancorp over time as well as its relative position and ranking within its peers.
Magyar |
Is Regional Banks 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 Magyar Bancorp. If investors know Magyar 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 Magyar Bancorp 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 0.207 | Dividend Share 0.2 | Earnings Share 1.23 | Revenue Per Share 4.978 | Quarterly Revenue Growth 0.185 |
The market value of Magyar Bancorp is measured differently than its book value, which is the value of Magyar that is recorded on the company's balance sheet. Investors also form their own opinion of Magyar Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Magyar Bancorp'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 Magyar Bancorp's market value can be influenced by many factors that don't directly affect Magyar Bancorp'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 Magyar Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magyar Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magyar Bancorp'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.
Magyar Bancorp Return On Equity vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Magyar Bancorp's current stock value. Our valuation model uses many indicators to compare Magyar Bancorp value to that of its competitors to determine the firm's financial worth. Magyar Bancorp is considered to be number one stock in price to earning category among its peers. It is regarded third in return on equity category among its peers . The ratio of Price To Earning to Return On Equity for Magyar Bancorp is about 252.14 . At this time, Magyar Bancorp's Return On Equity is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Magyar Bancorp 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.Magyar Return On Equity vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Magyar Bancorp |
| = | 18.23 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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.
Magyar Bancorp |
| = | 0.0723 |
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.
Magyar Return On Equity Comparison
Magyar Bancorp is currently under evaluation in return on equity category among its peers.
Magyar Bancorp Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Magyar Bancorp, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Magyar Bancorp will eventually generate negative long term returns. The profitability progress is the general direction of Magyar Bancorp's change in net profit over the period of time. It can combine multiple indicators of Magyar Bancorp, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -1.6 M | -1.7 M | |
| Operating Income | 11.1 M | 7.5 M | |
| Income Before Tax | 11.1 M | 11.7 M | |
| Total Other Income Expense Net | 12.2 M | 12.9 M | |
| Net Income Applicable To Common Shares | 9.1 M | 9.6 M | |
| Net Income | 7.8 M | 8.2 M | |
| Income Tax Expense | 3.3 M | 3.5 M | |
| Net Income From Continuing Ops | 8.9 M | 9.3 M | |
| Net Interest Income | 31.9 M | 23.6 M | |
| Interest Income | 43.8 M | 28.9 M | |
| Change To Netincome | -416.7 K | -395.9 K | |
| Net Income Per Share | 1.23 | 1.29 | |
| Income Quality | 0.81 | 0.77 | |
| Net Income Per E B T | 0.70 | 0.67 |
Magyar Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Magyar Bancorp. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Magyar Bancorp position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Magyar Bancorp's important profitability drivers and their relationship over time.
Use Magyar Bancorp in pair-trading
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.Magyar Bancorp Pair Trading
Magyar Bancorp Pair Trading Analysis
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.Use Investing Themes to Complement your Magyar Bancorp position
In addition to having Magyar Bancorp in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Top Crypto Assets Thematic Idea Now
Top Crypto Assets
An experimental p2p digital currency that is accepted by many vendors in null. The Top Crypto Assets theme has 0 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Top Crypto Assets Theme or any other thematic opportunities.
| View All Next | Launch |
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.