MAGNORA ASA (MGN.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:MGN - NO0010187032 - Common Stock
20.1 NOK
+0.1 (+0.5%)
MGN gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 22 industry peers in the Independent Power and Renewable Electricity Producers industry. MGN has an excellent financial health rating, but there are some minor concerns on its profitability. MGN does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
- MGN had negative earnings in the past year.
- In the past year MGN has reported a negative cash flow from operations.
- Of the past 5 years MGN 4 years were profitable.
- In multiple years MGN reported negative operating cash flow during the last 5 years.
1.2 Ratios
- MGN has a Return On Assets of 127.08%. This is amongst the best in the industry. MGN outperforms 100.00% of its industry peers.
- MGN has a Return On Equity of 162.90%. This is amongst the best in the industry. MGN outperforms 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 127.08% | ||
| ROE | 162.9% | ||
| ROIC | N/A |
ROA(3y)45.75%
ROA(5y)25.52%
ROE(3y)62.41%
ROE(5y)34.96%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- With an excellent Profit Margin value of 25808.70%, MGN belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
- MGN's Profit Margin has improved in the last couple of years.
- MGN does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 25808.7% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5Y250.83%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
- MGN does not have a ROIC to compare to the WACC, probably because it is not profitable.
- The number of shares outstanding for MGN has been reduced compared to 1 year ago.
- MGN has more shares outstanding than it did 5 years ago.
- The debt/assets ratio for MGN is higher compared to a year ago.
2.2 Solvency
- MGN has an Altman-Z score of 7.92. This indicates that MGN is financially healthy and has little risk of bankruptcy at the moment.
- MGN has a better Altman-Z score (7.92) than 100.00% of its industry peers.
- There is no outstanding debt for MGN. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 7.92 |
ROIC/WACCN/A
WACC8.57%
2.3 Liquidity
- A Current Ratio of 1.99 indicates that MGN should not have too much problems paying its short term obligations.
- Looking at the Current ratio, with a value of 1.99, MGN is in the better half of the industry, outperforming 68.18% of the companies in the same industry.
- A Quick Ratio of 1.99 indicates that MGN should not have too much problems paying its short term obligations.
- MGN's Quick ratio of 1.99 is fine compared to the rest of the industry. MGN outperforms 72.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.99 | ||
| Quick Ratio | 1.99 |
3. Growth
3.1 Past
- The earnings per share for MGN have decreased strongly by -104.27% in the last year.
- The Earnings Per Share has been growing by 87.45% on average over the past years. This is a very strong growth
- MGN shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -80.99%.
- The Revenue for MGN have been decreasing by -43.96% on average. This is quite bad
EPS 1Y (TTM)-104.27%
EPS 3YN/A
EPS 5Y87.45%
EPS Q2Q%-106.44%
Revenue 1Y (TTM)-80.99%
Revenue growth 3Y-46.71%
Revenue growth 5Y-43.96%
Sales Q2Q%-99.81%
3.2 Future
- The Earnings Per Share is expected to decrease by -11.40% on average over the next years. This is quite bad
- Based on estimates for the next years, MGN will show a decrease in Revenue. The Revenue will decrease by -3.11% on average per year.
EPS Next Y-60.71%
EPS Next 2Y-12.52%
EPS Next 3Y-11.4%
EPS Next 5YN/A
Revenue Next Year-31.96%
Revenue Next 2Y1.38%
Revenue Next 3Y-3.11%
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 decreasing.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
- MGN reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
- A Price/Forward Earnings ratio of 6.27 indicates a rather cheap valuation of MGN.
- 95.45% of the companies in the same industry are more expensive than MGN, based on the Price/Forward Earnings ratio.
- The average S&P500 Price/Forward Earnings ratio is at 25.98. MGN is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 6.27 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
- A cheap valuation may be justified as MGN's earnings are expected to decrease with -11.40% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-12.52%
EPS Next 3Y-11.4%
5. Dividend
5.1 Amount
- MGN does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
MAGNORA ASA / MGN.OL FAQ
What is the ChartMill fundamental rating of MAGNORA ASA (MGN.OL) stock?
ChartMill assigns a fundamental rating of 4 / 10 to MGN.OL.
What is the valuation status of MAGNORA ASA (MGN.OL) stock?
ChartMill assigns a valuation rating of 2 / 10 to MAGNORA ASA (MGN.OL). This can be considered as Overvalued.
How profitable is MAGNORA ASA (MGN.OL) stock?
MAGNORA ASA (MGN.OL) has a profitability rating of 4 / 10.
Can you provide the financial health for MGN stock?
The financial health rating of MAGNORA ASA (MGN.OL) is 7 / 10.
What is the earnings growth outlook for MAGNORA ASA?
The Earnings per Share (EPS) of MAGNORA ASA (MGN.OL) is expected to decline by -60.71% in the next year.