Nano Magic (NMGX) AI Stock Analysis

• Market Cap: $8.74M
• Dividend Yield: N/A
• Average Volume (3M): 253.00
• Price to Earnings (P/E): ―
• Beta (1Y): -0.29
• Revenue Growth: -5.53%
• EPS Growth: -28.72%
• Country: US
• Employees: 13
• Sector: Basic Materials
• Sector Strength: 66
• Industry: Chemicals - Specialty
• EPS (TTM): -0.32
• Shares Outstanding: 14,408,674
• 10 Day Avg. Volume: 75
• 30 Day Avg. Volume: 253
• PEG Ratio: -0.07
• Price to Book (P/B): 1.59
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -1.50
• Enterprise Value/Market Cap: 0.41
• Enterprise Value/Revenue: 0.35
• Enterprise Value/Gross Profit: -14.47
• Enterprise Value/Ebitda: -0.26
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 43 Neutral
• Price Target: $0.50 ▼(-18.03%Downside)

The overall score is heavily influenced by the poor financial performance marked by negative margins and insolvency risks. Technical analysis suggests some recent buying interest but remains largely negative. Valuation is weak due to negative earnings, further impacting the overall score.

Nano Magic Business Overview & Revenue Model

Company Description

Nano Magic Holdings Inc. develops, commercializes, and markets consumer and industrial products enabled by nanotechnology primarily in the United States. It operates through two segments, Product and Contract Services. The company offers anti-fogging towelettes to the military for safety, anti-fogging, and conditioning of lenses, masks, and head gears, as well as other applications, such as head's up displays; mar and stain resistant coatings for high end vitreous China tableware in restaurants, cruise ships, and casinos; clear protective coatings used on display panels and touch screens to remove fingerprints; protective and water repelling coatings for interior and exterior glass, and ceramic surfaces to clean and prevent scale and grime encrustation; and coatings for ceramic insulators for use in transit and underground subways systems to prevent caking of metal dust and greases on surfaces. It is also involved in the retail sale of liquid and towelette formulations for cleaning and protecting clear surfaces, such as electronic touchscreens, windshields, windows, mirrors, shower doors, eyeglasses, and sunglass lenses; and anti-fogging liquid and towelette formulations for safety glasses and sporting googles, as well as protective eye wear, including face shields, as well as retail and industrial sale of liquid formulations for cleaning surfaces. In addition, the company develops and sells printable and metallic inks and pastes, thermal management materials, and graphene foils and windows. Further, it provides nanotechnology design and development services for governmental and private customers. The company markets and sells its products directly to customers and retailers. The company was formerly known as Nano Magic Inc. and changed its name to Nano Magic Holdings Inc. in March 2021. Nano Magic Holdings Inc. was founded in 1985 and is headquartered in Madison Heights, Michigan.

How the Company Makes Money

Nano Magic generates revenue through the sale of its nanotechnology-based products. The company's key revenue streams include direct sales to consumers, partnerships with retailers, and collaborations with industrial clients who incorporate Nano Magic's solutions into their own products. By leveraging its proprietary technology, Nano Magic is able to offer premium-priced products that appeal to customers seeking advanced cleaning and protection solutions. Additionally, the company may engage in licensing agreements, allowing other companies to use its technology in exchange for fees or royalties, thereby diversifying its income sources.

Nano Magic Financial Statement Overview

Summary

Nano Magic exhibits significant financial challenges. The income statement reveals declining revenues and negative profitability margins. The balance sheet indicates insolvency risks with negative stockholders' equity, and cash flow analysis shows reliance on external financing, highlighting financial instability.

Income Statement

Nano Magic's income statement reveals significant challenges, with both gross profit and net income margins being negative. The company is experiencing declining revenues with a revenue growth rate of -11.22% from 2023 to 2024. EBIT and EBITDA margins are also markedly negative, indicating operational difficulties and inefficiencies in cost management.

Balance Sheet

The balance sheet highlights critical financial instability, with negative stockholders' equity suggesting insolvency risks. The debt-to-equity ratio is not meaningful due to negative equity, and the equity ratio is also negative. These factors indicate high financial leverage and potential solvency issues.

Cash Flow

Cash flow analysis shows substantial negative free cash flow, although there was a slight improvement in free cash flow growth rate compared to previous periods. The operating cash flow to net income ratio is negative, reflecting cash outflows and operational challenges. Financing activities have been the primary source of cash inflow, which may not be sustainable long-term.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
2.47M	2.78M	2.58M	5.04M	4.76M
	Gross Profit
-249.50K	363.87K	96.22K	1.69M	1.64M
	EBIT
-4.39M	-2.84M	-3.29M	-1.77M	-792.20K
	EBITDA
-4.29M	-2.70M	-3.11M	-1.39M	-735.56K
	Net Income Common Stockholders
-4.45M	-2.86M	-2.10M	-1.59M	-805.98K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
23.31K	527.46K	259.22K	253.19K	298.61K
	Total Assets
1.90M	3.52M	4.09M	4.11M	4.79M
	Total Debt
1.41M	1.27M	1.30M	1.29M	1.66M
	Net Debt
1.39M	740.76K	1.05M	1.05M	1.37M
	Total Liabilities
2.81M	2.21M	2.47M	2.19M	3.39M
	Stockholders Equity
-912.80K	1.31M	1.62M	1.92M	1.40M
Cash Flow		Free Cash Flow
-2.06M	-1.55M	-1.71M	-1.50M	-2.14M
	Operating Cash Flow
-2.02M	-1.54M	-1.71M	-1.38M	-2.00M
	Investing Cash Flow
454.20K	35.65K	20.09K	-127.26K	-143.69K
	Financing Cash Flow
1.06M	1.77M	1.71M	1.46M	2.22M

Nano Magic Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.61
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NMGX, the sentiment is Negative. The current price of 0.61 is above the 20-day moving average (MA) of 0.60, below the 50-day MA of 0.65, and below the 200-day MA of 0.62, indicating a neutral trend. The MACD of -0.01 indicates Negative momentum. The RSI at 51.00 is Neutral, neither overbought nor oversold. The STOCH value of 102.47 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for NMGX.

Nano Magic Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NTIC	63 Neutral	$67.93M	18.61	5.51%	0.56%	2.11%	-17.52%
FSI	61 Neutral	$53.75M	23.12	6.19%	―	-3.23%	-2.01%
SNES	52 Neutral	$6.04M	―	-160.41%	―	40.15%	94.78%
LOOP	51 Neutral	$72.05M	―	-207.57%	―	7064.47%	28.67%
Sector *	51 Neutral	$2.03B	-1.27	-21.09%	3.98%	2.91%	-30.50%
NMGX	43 Neutral	$8.74M	―	-2243.98%	―	-5.53%	-28.72%