Majic Wheels Corp.

Company Profile

Majic Wheels Corp. had its IPO on under the ticker symbol MJWL.

The company operates in the Industrials sector and Waste Management industry. Majic Wheels Corp. has a staff strength of 2 employees.

Stock update

Shares of Majic Wheels Corp. opened at $0 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $0 - $0, and closed at $0.

This is a 0% increase from the previous day's closing price.

A total volume of 75,784 shares were traded at the close of the day’s session.

In the last one week, shares of Majic Wheels Corp. have increased by 0%.

Majic Wheels Corp.'s Key Ratios

Majic Wheels Corp. has a market cap of $651992, indicating a price to book ratio of 0 and a price to sales ratio of 27.6332.

In the last 12-months Majic Wheels Corp.’s revenue was $175779 with a gross profit of $0 and an EBITDA of $0. The EBITDA ratio measures Majic Wheels Corp.'s overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Majic Wheels Corp.’s operating margin was -720.53% while its return on assets stood at 0% with a return of equity of 0%.

In Q3, Majic Wheels Corp.’s quarterly earnings growth was a positive 0% while revenue growth was a positive 55.8%.

Majic Wheels Corp.’s PE and PEG Ratio

Forward PE

10.8696

Trailing PE

0

PEG

0.9058

Its diluted EPS in the last 12-months stands at $-0.11 per share while it has a forward price to earnings multiple of 10.8696 and a PEG multiple of 0.9058. 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 Majic Wheels Corp.’s profitability.

Majic Wheels Corp. stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of -0.0921. Its price to sales ratio in the trailing 12-months stood at 27.6332.

Majic Wheels Corp. 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

$928668.00

Total Liabilities

$4.53 million

Operating Cash Flow

$0.00

Capital Expenditure

$0

Dividend Payout Ratio

0%

Majic Wheels Corp. ended 2024 with $928668.00 in total assets and $0 in total liabilities. Its intangible assets were valued at $928668.00 while shareholder equity stood at $-3757398.00.

Majic Wheels Corp. ended 2024 with $0.00 in deferred long-term liabilities, $4.53 million in other current liabilities, 51606.00 in common stock, $-4562238.00 in retained earnings and $0.00 in goodwill. Its cash balance stood at $8305.00 and cash and short-term investments were $8305.00. The company’s total short-term debt was $388,827 while long-term debt stood at $158554.00.

Majic Wheels Corp.’s total current assets stands at $75494.00 while long-term investments were $0.00 and short-term investments were $0.00. Its net receivables were $67189.00 compared to accounts payable of $30778.00 and inventory worth $0.00.

In 2024, Majic Wheels Corp.'s operating cash flow was $0.00 while its capital expenditure stood at $0.

Comparatively, Majic Wheels Corp. paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$0

52-Week High

$0.0219

52-Week Low

$0.0007

Analyst Target Price

$

Majic Wheels Corp. stock is currently trading at $0 per share. It touched a 52-week high of $0.0219 and a 52-week low of $0.0219. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $0 and 200-day moving average was $0.01 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 0% of the company’s stock are held by insiders while 2.3% are held by institutions.