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NASDAQ: MEGL
Magic Empire Global Ltd Stock

$0.69+0.04 (+6.15%)
Updated Oct 3, 2024
MEGL Price
$0.69
Fair Value Price
$0.57
Market Cap
$14.02M
52 Week Low
$0.41
52 Week High
$1.47
P/E
-230.67x
P/B
0.82x
P/S
13.58x
PEG
N/A
Dividend Yield
N/A
Revenue
$1.76M
Earnings
-$61.95k
Gross Margin
100%
Operating Margin
-3.51%
Profit Margin
-3.5%
Debt to Equity
0.03
Operating Cash Flow
$12k
Beta
1.29
Next Earnings
N/A
Ex-Dividend
N/A
Next Dividend
N/A

MEGL Overview

Magic Empire Global Limited provides initial public offering sponsorship, financial and independent financial advisory, post-listing compliance advisory, and underwriting services to corporations in Hong Kong. The company was incorporated in 2016 and is headquartered in Central, Hong Kong.

Zen Score

Industry Average (32)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how MEGL scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

MEGL ($0.69) is overvalued by 21.89% relative to our estimate of its Fair Value price of $0.57 based on Discounted Cash Flow (DCF) modelling
Below Fair Value Valuation
MEGL ($0.69) is not significantly undervalued (21.89%) relative to our estimate of its Fair Value price of $0.57 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
MEGL is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
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MEGL News

Valuation

MEGL fair value

Fair Value of MEGL stock based on Discounted Cash Flow (DCF)
Price
$0.69
Fair Value
$0.57
Overvalued by
21.53%
MEGL ($0.69) is overvalued by... subscribe to Premium to read more.
Below Fair Value Valuation
MEGL ($0.69) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
MEGL is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

MEGL price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-230.67x
Industry
25.27x
Market
26.22x

MEGL price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
0.82x
Industry
1.95x
MEGL is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

MEGL's financial health

Profit margin

Revenue
$0.0
Net Income
$0.0
Profit Margin
0%
MEGL's cash burn is expected... subscribe to Premium to read more.
Interest Coverage Financials
MEGL's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$17.7M
Liabilities
$510.8k
Debt to equity
0.03
MEGL's short-term assets ($12.28M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
MEGL's short-term assets ($12.28M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
MEGL's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
N/A
Investing
N/A
Financing
N/A
MEGL's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

MEGL vs Capital Market Stocks

TickerMarket Cap1d %P/EP/B
MEGL$14.02M+6.46%-230.67x0.82x
BTOG$12.29M+4.27%-0.24x1.37x
TCJH$11.73M-2.79%-2.13x2.16x
COHN$16.44M0.00%3.28x0.39x
ATIF$11.14M+21.43%-1.80x3.59x

Magic Empire Global Stock FAQ

What is Magic Empire Global's quote symbol?

(NASDAQ: MEGL) Magic Empire Global trades on the NASDAQ under the ticker symbol MEGL. Magic Empire Global stock quotes can also be displayed as NASDAQ: MEGL.

If you're new to stock investing, here's how to buy Magic Empire Global stock.

What is the 52 week high and low for Magic Empire Global (NASDAQ: MEGL)?

(NASDAQ: MEGL) Magic Empire Global's 52-week high was $1.47, and its 52-week low was $0.41. It is currently -52.93% from its 52-week high and 70.44% from its 52-week low.

How much is Magic Empire Global stock worth today?

(NASDAQ: MEGL) Magic Empire Global currently has 20,256,099 outstanding shares. With Magic Empire Global stock trading at $0.69 per share, the total value of Magic Empire Global stock (market capitalization) is $14.02M.

Magic Empire Global stock was originally listed at a price of $97.00 in Aug 5, 2022. If you had invested in Magic Empire Global stock at $97.00, your return over the last 2 years would have been -99.29%, for an annualized return of -91.55% (not including any dividends or dividend reinvestments).

How much is Magic Empire Global's stock price per share?

(NASDAQ: MEGL) Magic Empire Global stock price per share is $0.69 today (as of Oct 3, 2024).

What is Magic Empire Global's Market Cap?

(NASDAQ: MEGL) Magic Empire Global's market cap is $14.02M, as of Oct 4, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Magic Empire Global's market cap is calculated by multiplying MEGL's current stock price of $0.69 by MEGL's total outstanding shares of 20,256,099.
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