Mag Silver Corp Stock Return On Asset
| MAG Stock | USD 12.13 0.29 2.45% |
MAG Silver Corp fundamentals help investors to digest information that contributes to MAG Silver's financial success or failures. It also enables traders to predict the movement of MAG Stock. The fundamental analysis module provides a way to measure MAG Silver'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 MAG Silver stock.
The MAG Silver's current Return On Assets is estimated to increase to 0.1. MAG | Return On Asset |
MAG Silver Corp Company Return On Asset Analysis
MAG Silver'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.
Current MAG Silver Return On Asset | -0.0193 |
Most of MAG Silver'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, MAG Silver Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
MAG Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for MAG Silver is extremely important. It helps to project a fair market value of MAG Stock properly, considering its historical fundamentals such as Return On Asset. Since MAG Silver'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 MAG Silver'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 MAG Silver's interrelated accounts and indicators.
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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.
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MAG Total Assets
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Based on the latest financial disclosure, MAG Silver Corp has a Return On Asset of -0.0193. This is 102.61% lower than that of the Metals & Mining sector and 99.11% lower than that of the Materials industry. The return on asset for all United States stocks is 86.21% lower than that of the firm.
MAG Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses MAG Silver'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 MAG Silver could also be used in its relative valuation, which is a method of valuing MAG Silver by comparing valuation metrics of similar companies.MAG Silver is currently under evaluation in return on asset category among related companies.
MAG Silver Current Valuation Drivers
We derive many important indicators used in calculating different scores of MAG Silver from analyzing MAG Silver's financial statements. These drivers represent accounts that assess MAG Silver's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of MAG Silver's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 1.0B | 1.9B | 1.5B | 1.5B | 1.1B | 592.4M | |
| Enterprise Value | 948.1M | 1.8B | 1.4B | 1.5B | 998.7M | 536.7M |
MAG Fundamentals
| Return On Equity | 0.11 | ||||
| Return On Asset | -0.0193 | ||||
| Current Valuation | 1.15 B | ||||
| Shares Outstanding | 102.98 M | ||||
| Shares Owned By Insiders | 0.90 % | ||||
| Shares Owned By Institutions | 56.90 % | ||||
| Number Of Shares Shorted | 2.84 M | ||||
| Price To Earning | 82.62 X | ||||
| Price To Book | 2.43 X | ||||
| EBITDA | (14.23 M) | ||||
| Net Income | 49.55 M | ||||
| Cash And Equivalents | 29.95 M | ||||
| Cash Per Share | 0.45 X | ||||
| Total Debt | 153.21 K | ||||
| Current Ratio | 30.10 X | ||||
| Book Value Per Share | 4.92 X | ||||
| Cash Flow From Operations | (1.33 M) | ||||
| Short Ratio | 3.56 X | ||||
| Earnings Per Share | 0.47 X | ||||
| Target Price | 17.71 | ||||
| Beta | 1.08 | ||||
| Market Capitalization | 1.22 B | ||||
| Total Asset | 521.08 M | ||||
| Retained Earnings | (128.49 M) | ||||
| Working Capital | 67.26 M | ||||
| Current Asset | 76.18 M | ||||
| Current Liabilities | 6.12 M | ||||
| Net Asset | 521.08 M |
About MAG Silver Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze MAG Silver Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MAG Silver using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MAG Silver Corp 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards MAG Silver in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, MAG Silver's short interest history, or implied volatility extrapolated from MAG Silver options trading.
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Try AI Portfolio ArchitectCheck out MAG Silver Piotroski F Score and MAG Silver Altman Z Score analysis. Note that the MAG Silver Corp information on this page should be used as a complementary analysis to other MAG Silver's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Complementary Tools for MAG Stock analysis
When running MAG Silver's price analysis, check to measure MAG Silver'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 MAG Silver is operating at the current time. Most of MAG Silver's value examination focuses on studying past and present price action to predict the probability of MAG Silver's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MAG Silver's price. Additionally, you may evaluate how the addition of MAG Silver to your portfolios can decrease your overall portfolio volatility.
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Is MAG Silver's industry 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 MAG Silver. If investors know MAG 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 MAG Silver 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 0.076 | Earnings Share 0.47 | Return On Assets (0.02) | Return On Equity 0.1071 |
The market value of MAG Silver Corp is measured differently than its book value, which is the value of MAG that is recorded on the company's balance sheet. Investors also form their own opinion of MAG Silver's value that differs from its market value or its book value, called intrinsic value, which is MAG Silver'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 MAG Silver's market value can be influenced by many factors that don't directly affect MAG Silver'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 MAG Silver's value and its price as these two are different measures arrived at by different means. Investors typically determine if MAG Silver is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MAG Silver'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.