Magic Empire Global Limited

Company Profile

Magic Empire Global Limited had its IPO on 2022-08-05 under the ticker symbol MEGL.

The company operates in the Financial Services sector and Capital Markets industry. Magic Empire Global Limited has a staff strength of 9 employees.

Stock update

Shares of Magic Empire Global Limited opened at $1.19 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $1.17 - $1.25, and closed at $1.2.

This is a +0.42% increase from the previous day's closing price.

A total volume of 43,174 shares were traded at the close of the day’s session.

In the last one week, shares of Magic Empire Global Limited have slipped by -7.69%.

Magic Empire Global Limited's Key Ratios

Magic Empire Global Limited has a market cap of $26.33 million, indicating a price to book ratio of 51.9988 and a price to sales ratio of 2.0096.

In the last 12-months Magic Empire Global Limited’s revenue was $10.97 million with a gross profit of $15.81 million and an EBITDA of $2.42 million. The EBITDA ratio measures Magic Empire Global Limited's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Magic Empire Global Limited’s operating margin was -43.18% while its return on assets stood at -4.53% with a return of equity of -5.42%.

In Q2, Magic Empire Global Limited’s quarterly earnings growth was a positive 3667.6% while revenue growth was a negative 67.1%.

Magic Empire Global Limited’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-0.03 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Magic Empire Global Limited’s profitability.

Magic Empire Global Limited stock is trading at a EV to sales ratio of 2.1339 and a EV to EBITDA ratio of 7.5375. Its price to sales ratio in the trailing 12-months stood at 2.0096.

Magic Empire Global Limited stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$4.09 million

Total Liabilities

$3.10 million

Operating Cash Flow

$0

Capital Expenditure

$0

Dividend Payout Ratio

0%

Magic Empire Global Limited ended 2024 with $4.09 million in total assets and $0 in total liabilities. Its intangible assets were valued at $4.09 million while shareholder equity stood at $982559.75.

Magic Empire Global Limited ended 2024 with $0 in deferred long-term liabilities, $3.10 million in other current liabilities, 2925.00 in common stock, $979634.75 in retained earnings and $0 in goodwill. Its cash balance stood at $1.97 million and cash and short-term investments were $1.97 million. The company’s total short-term debt was $0 while long-term debt stood at $0.

Magic Empire Global Limited’s total current assets stands at $3.33 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $1.02 million compared to accounts payable of $0 and inventory worth $0.

In 2024, Magic Empire Global Limited's operating cash flow was $0 while its capital expenditure stood at $0.

Comparatively, Magic Empire Global Limited paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$1.2

52-Week High

$8.28

52-Week Low

$0.89

Analyst Target Price

$

Magic Empire Global Limited stock is currently trading at $1.2 per share. It touched a 52-week high of $8.28 and a 52-week low of $8.28. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $1.44 and 200-day moving average was $1.76 The short ratio stood at 1.05 indicating a short percent outstanding of 0%.

Around 6035.7% of the company’s stock are held by insiders while 60.9% are held by institutions.