Roundhill Magnificent Financial Statements From 2010 to 2024
| MAGS Etf | USD 37.62 0.73 1.98% |
Check Roundhill Magnificent financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Roundhill main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Roundhill financial statements analysis is a perfect complement when working with Roundhill Magnificent Valuation or Volatility modules.
Roundhill |
Roundhill Magnificent Seven ETF Price To Book Analysis
Roundhill Magnificent's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current Roundhill Magnificent Price To Book | 1.40 X |
Most of Roundhill Magnificent's fundamental indicators, such as Price To Book, 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, Roundhill Magnificent Seven is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
| Competition |
Based on the latest financial disclosure, Roundhill Magnificent Seven has a Price To Book of 1.4 times. This is much higher than that of the Industrials family and significantly higher than that of the Technology category. The price to book for all United States etfs is notably lower than that of the firm.
Roundhill Magnificent Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Roundhill Magnificent's current stock value. Our valuation model uses many indicators to compare Roundhill Magnificent value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Roundhill Magnificent competition to find correlations between indicators driving Roundhill Magnificent's intrinsic value. More Info.Roundhill Magnificent Seven is rated number one ETF in price to earning as compared to similar ETFs. It is rated number one ETF in price to book as compared to similar ETFs . The ratio of Price To Earning to Price To Book for Roundhill Magnificent Seven is about 357.94 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Roundhill Magnificent by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Roundhill Magnificent's Etf. 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 Roundhill Magnificent's earnings, one of the primary drivers of an investment's value.About Roundhill Magnificent Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Roundhill Magnificent income statement, its balance sheet, and the statement of cash flows. Roundhill Magnificent investors use historical funamental indicators, such as Roundhill Magnificent's revenue or net income, to determine how well the company is positioned to perform in the future. Although Roundhill Magnificent investors may use each financial statement separately, they are all related. The changes in Roundhill Magnificent's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Roundhill Magnificent's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Roundhill Magnificent Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Roundhill Magnificent. Please read more on our technical analysis and fundamental analysis pages.
Magal Security Systems Ltd. develops, manufactures, markets, and sells perimeter intrusion detection sensors, physical barriers, video analytics and management systems, cyber security products and systems, and security video observation and surveillance systems. The company was founded in 1965 and is headquartered in Yehud, Israel. Magal Security operates under Security Protection Services classification in the United States and is traded on NASDAQ Exchange. It employs 4 people.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out the analysis of Roundhill Magnificent Correlation against competitors. Note that the Roundhill Magnificent information on this page should be used as a complementary analysis to other Roundhill Magnificent'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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
The market value of Roundhill Magnificent is measured differently than its book value, which is the value of Roundhill that is recorded on the company's balance sheet. Investors also form their own opinion of Roundhill Magnificent's value that differs from its market value or its book value, called intrinsic value, which is Roundhill Magnificent'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 Roundhill Magnificent's market value can be influenced by many factors that don't directly affect Roundhill Magnificent'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 Roundhill Magnificent's value and its price as these two are different measures arrived at by different means. Investors typically determine if Roundhill Magnificent is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Roundhill Magnificent'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.