| 0.43 0.01 2.38%
Magna Mining fundamentals
help investors to digest information that contributes to Magna Mining's financial success or failures. It also enables traders to predict the movement of Magna Stock. The fundamental analysis
module provides a way to measure Magna Mining'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 Magna Mining stock.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners
to view more equity screening tools.
Magna Book Value Per Share Analysis
Magna Mining's Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
Current Magna Mining Book Value Per Share
Most of Magna Mining's fundamental indicators, such as Book Value Per Share, 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, Magna Mining is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
In accordance with the recently published financial statements, the book value per share of Magna Mining is about 0.055 times. This is 99.99% lower than that of the Metals & Mining sector and significantly higher than that of the Materials
industry. The book value per share for all Canada stocks is 100.0% higher than that of the company.
Magna Mining Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Magna Mining's current stock value. Our valuation model uses many indicators to compare Magna Mining value to that of its competitors to determine the firm's financial worth. You can analyze the relationship
between different fundamental ratios across Magna Mining competition to find correlations between indicators driving Magna Mining's intrinsic value. More Info
Magna Mining is considered to be number one stock in target price category among related companies. It is considered to be number one stock in return on asset category among related companies . . Comparative valuation analysis is a catch-all model that can be used if you cannot value Magna Mining by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Magna Mining's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Magna Mining's earnings, one of the primary drivers of an investment's value.
Magna Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Magna Mining'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 Magna Mining could also be used in its relative valuation, which is a method of valuing Magna Mining by comparing valuation metrics of similar companies.
Magna Mining is currently under evaluation in return on asset category among related companies.
About Magna Mining Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Magna Mining's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Magna Mining using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value
of Magna Mining 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
Magna Mining is entity of Canada. It is traded as Stock on V exchange.
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 Magna Mining 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, Magna Mining's short interest history, or implied volatility extrapolated from Magna Mining options trading.
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Check out Magna Mining Piotroski F Score
and Magna Mining Altman Z Score
Note that the Magna Mining information on this page should be used as a complementary analysis to other Magna Mining'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 USA ETFs
module to find actively traded Exchange Traded Funds (ETF) in USA.
Complementary Tools for Magna Stock analysis
When running Magna Mining's price analysis, check to measure Magna Mining'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 Magna Mining is operating at the current time. Most of Magna Mining's value examination focuses on studying past and present price action to predict the probability of Magna Mining's future price movements
. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magna Mining's price. Additionally, you may evaluate how the addition of Magna Mining to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Magna Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magna Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magna Mining'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.