Magnet Forensics Inc (MAGT.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:MAGT - CA55940P1018 - Common Stock
44.24 CAD
0 (0%)
Overall MAGT gets a fundamental rating of 6 out of 10. We evaluated MAGT against 68 industry peers in the Software industry. MAGT is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. MAGT is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one! This makes MAGT very considerable for growth investing!
1. Profitability
1.1 Basic Checks
- In the past year MAGT was profitable.
- MAGT had a positive operating cash flow in the past year.
1.2 Ratios
- With a decent Return On Assets value of 1.91%, MAGT is doing good in the industry, outperforming 79.27% of the companies in the same industry.
- MAGT has a Return On Equity of 3.61%. This is amongst the best in the industry. MAGT outperforms 80.49% of its industry peers.
- MAGT has a Return On Invested Capital of 3.03%. This is in the better half of the industry: MAGT outperforms 79.27% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.91% | ||
| ROE | 3.61% | ||
| ROIC | 3.03% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- MAGT has a Profit Margin of 3.71%. This is amongst the best in the industry. MAGT outperforms 82.93% of its industry peers.
- In the last couple of years the Profit Margin of MAGT has grown nicely.
- MAGT has a Operating Margin of 5.60%. This is amongst the best in the industry. MAGT outperforms 84.15% of its industry peers.
- In the last couple of years the Operating Margin of MAGT has grown nicely.
- Looking at the Gross Margin, with a value of 93.46%, MAGT belongs to the top of the industry, outperforming 93.90% of the companies in the same industry.
- MAGT's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.6% | ||
| PM (TTM) | 3.71% | ||
| GM | 93.46% |
OM growth 3Y7.77%
OM growth 5YN/A
PM growth 3Y13.86%
PM growth 5YN/A
GM growth 3Y-0.36%
GM growth 5YN/A
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), MAGT is destroying value.
- The number of shares outstanding for MAGT has been increased compared to 1 year ago.
- The debt/assets ratio for MAGT has been reduced compared to a year ago.
2.2 Solvency
- MAGT has an Altman-Z score of 10.12. This indicates that MAGT is financially healthy and has little risk of bankruptcy at the moment.
- MAGT has a better Altman-Z score (10.12) than 89.02% of its industry peers.
- MAGT has a debt to FCF ratio of 0.21. This is a very positive value and a sign of high solvency as it would only need 0.21 years to pay back of all of its debts.
- Looking at the Debt to FCF ratio, with a value of 0.21, MAGT belongs to the top of the industry, outperforming 95.12% of the companies in the same industry.
- MAGT has a Debt/Equity ratio of 0.05. This is a healthy value indicating a solid balance between debt and equity.
- MAGT's Debt to Equity ratio of 0.05 is fine compared to the rest of the industry. MAGT outperforms 62.20% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.05 | ||
| Debt/FCF | 0.21 | ||
| Altman-Z | 10.12 |
ROIC/WACC0.27
WACC11.06%
2.3 Liquidity
- MAGT has a Current Ratio of 2.29. This indicates that MAGT is financially healthy and has no problem in meeting its short term obligations.
- The Current ratio of MAGT (2.29) is better than 65.85% of its industry peers.
- MAGT has a Quick Ratio of 2.29. This indicates that MAGT is financially healthy and has no problem in meeting its short term obligations.
- Looking at the Quick ratio, with a value of 2.29, MAGT is in the better half of the industry, outperforming 67.07% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.29 | ||
| Quick Ratio | 2.29 |
3. Growth
3.1 Past
- The earnings per share for MAGT have decreased strongly by -60.57% in the last year.
- The Earnings Per Share has been decreasing by -8.16% on average over the past years.
- MAGT shows a strong growth in Revenue. In the last year, the Revenue has grown by 40.78%.
- MAGT shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 36.79% yearly.
EPS 1Y (TTM)-60.57%
EPS 3Y-8.16%
EPS 5YN/A
EPS Q2Q%750%
Revenue 1Y (TTM)40.78%
Revenue growth 3Y36.79%
Revenue growth 5YN/A
Sales Q2Q%44.97%
3.2 Future
- Based on estimates for the next years, MAGT will show a very strong growth in Earnings Per Share. The EPS will grow by 139.00% on average per year.
- Based on estimates for the next years, MAGT will show a very strong growth in Revenue. The Revenue will grow by 28.11% on average per year.
EPS Next Y287.6%
EPS Next 2Y139%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year30.23%
Revenue Next 2Y28.11%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
- Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
- MAGT is valuated quite expensively with a Price/Earnings ratio of 442.40.
- Compared to the rest of the industry, the Price/Earnings ratio of MAGT indicates a somewhat cheap valuation: MAGT is cheaper than 76.83% of the companies listed in the same industry.
- When comparing the Price/Earnings ratio of MAGT to the average of the S&P500 Index (27.38), we can say MAGT is valued expensively.
- MAGT is valuated quite expensively with a Price/Forward Earnings ratio of 112.44.
- Based on the Price/Forward Earnings ratio, MAGT is valued cheaply inside the industry as 81.71% of the companies are valued more expensively.
- The average S&P500 Price/Forward Earnings ratio is at 24.29. MAGT is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 442.4 | ||
| Fwd PE | 112.44 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, MAGT is valued a bit cheaper than 65.85% of the companies in the same industry.
- 78.05% of the companies in the same industry are more expensive than MAGT, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 41.1 | ||
| EV/EBITDA | 133.49 |
4.3 Compensation for Growth
- MAGT's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- MAGT has a very decent profitability rating, which may justify a higher PE ratio.
- MAGT's earnings are expected to grow with 139.00% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.54
PEG (5Y)N/A
EPS Next 2Y139%
EPS Next 3YN/A
5. Dividend
5.1 Amount
- MAGT does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TSX:MAGT (4/11/2023, 7:00:00 PM)
44.24
0 (0%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)N/A N/A
Earnings (Next)N/A N/A
Inst Owners3.78%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap1.81B
Revenue(TTM)98.94M
Net Income(TTM)3.67M
Analysts76.36
Price Target47.68 (7.78%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)30.09%
Min EPS beat(2)13.12%
Max EPS beat(2)47.05%
EPS beat(4)2
Avg EPS beat(4)-66.4%
Min EPS beat(4)-171.3%
Max EPS beat(4)47.05%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)3.54%
Min Revenue beat(2)2.27%
Max Revenue beat(2)4.8%
Revenue beat(4)3
Avg Revenue beat(4)2.75%
Min Revenue beat(4)-1%
Max Revenue beat(4)4.9%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0.77%
PT rev (3m)7.56%
EPS NQ rev (1m)233.33%
EPS NQ rev (3m)233.33%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)4.8%
Revenue NQ rev (3m)4.8%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 442.4 | ||
| Fwd PE | 112.44 | ||
| P/S | 13.5 | ||
| P/FCF | 41.1 | ||
| P/OCF | 39.34 | ||
| P/B | 13.13 | ||
| P/tB | 14.12 | ||
| EV/EBITDA | 133.49 |
EPS(TTM)0.1
EY0.23%
EPS(NY)0.39
Fwd EY0.89%
FCF(TTM)1.08
FCFY2.43%
OCF(TTM)1.12
OCFY2.54%
SpS3.28
BVpS3.37
TBVpS3.13
PEG (NY)1.54
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.91% | ||
| ROE | 3.61% | ||
| ROCE | N/A | ||
| ROIC | 3.03% | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | 5.6% | ||
| PM (TTM) | 3.71% | ||
| GM | 93.46% | ||
| FCFM | N/A |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y7.77%
OM growth 5YN/A
PM growth 3Y13.86%
PM growth 5YN/A
GM growth 3Y-0.36%
GM growth 5YN/A
F-Score5
Asset Turnover0.52
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.05 | ||
| Debt/FCF | 0.21 | ||
| Debt/EBITDA | 0.76 | ||
| Cap/Depr | 42.39% | ||
| Cap/Sales | N/A | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 886.21% | ||
| Current Ratio | 2.29 | ||
| Quick Ratio | 2.29 | ||
| Altman-Z | 10.12 |
F-Score5
WACC11.06%
ROIC/WACC0.27
Cap/Depr(3y)61.4%
Cap/Depr(5y)74.48%
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)437.77%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-60.57%
EPS 3Y-8.16%
EPS 5YN/A
EPS Q2Q%750%
EPS Next Y287.6%
EPS Next 2Y139%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)40.78%
Revenue growth 3Y36.79%
Revenue growth 5YN/A
Sales Q2Q%44.97%
Revenue Next Year30.23%
Revenue Next 2Y28.11%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-52.09%
EBIT growth 3Y47.42%
EBIT growth 5YN/A
EBIT Next Year1176.88%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y95.7%
FCF growth 3Y53.94%
FCF growth 5YN/A
OCF growth 1Y92.06%
OCF growth 3Y49.32%
OCF growth 5YN/A
Magnet Forensics Inc / MAGT.CA FAQ
What is the ChartMill fundamental rating of Magnet Forensics Inc (MAGT.CA) stock?
ChartMill assigns a fundamental rating of 4 / 10 to MAGT.CA.
What is the valuation status for MAGT stock?
ChartMill assigns a valuation rating of 0 / 10 to Magnet Forensics Inc (MAGT.CA). This can be considered as Overvalued.
How profitable is Magnet Forensics Inc (MAGT.CA) stock?
Magnet Forensics Inc (MAGT.CA) has a profitability rating of 1 / 10.
How financially healthy is Magnet Forensics Inc?
The financial health rating of Magnet Forensics Inc (MAGT.CA) is 8 / 10.
What is the earnings growth outlook for Magnet Forensics Inc?
The Earnings per Share (EPS) of Magnet Forensics Inc (MAGT.CA) is expected to grow by 287.6% in the next year.