MAG Interactive AB (MAGI) AI Stock Analysis

• Market Cap: €340.46M
• Dividend Yield: 7.78%
• Average Volume (3M): 36.75K
• Price to Earnings (P/E): 2141.7
• Beta (1Y): 0.38
• Revenue Growth: -11.35%
• EPS Growth: -92.00%
• Country: SE
• Employees: 100
• Sector: Communication Services
• Sector Strength: 83
• Industry: Electronic Gaming & Multimedia
• EPS (TTM): -0.13
• Shares Outstanding: 26,494,654
• 10 Day Avg. Volume: 56,459
• 30 Day Avg. Volume: 36,750
• PEG Ratio: -7.57
• Price to Book (P/B): 1.19
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 45.38
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 61 Neutral
• Price Target: kr13.50 ▲(5.06%Upside)

MAG Interactive AB's overall score reflects a blend of strong financial fundamentals and technical indicators suggesting positive price momentum. However, the high P/E ratio indicates potential overvaluation, and profitability challenges remain a concern.

MAG Interactive AB Business Overview & Revenue Model

Company Description

MAG Interactive AB (publ) develops and publishes mobile games worldwide. It provides casual and social games. The company distributes its games through virtual app stores for Android and iOS operating systems. MAG Interactive AB (publ) was founded in 2010 and is headquartered in Stockholm, Sweden.

How the Company Makes Money

MAG Interactive AB generates revenue primarily through a freemium model, where games are free to download and play but offer in-app purchases to enhance the gaming experience. These purchases might include virtual currency, special items, or additional game content. The company also earns money through advertising, displaying ads within their games which provide a steady stream of revenue. Partnerships with advertising networks and collaborations with other gaming entities further bolster their revenue. Additionally, MAG Interactive may engage in licensing agreements and brand collaborations to expand their market reach and enhance their monetization strategies.

MAG Interactive AB Financial Statement Overview

Summary

MAG Interactive AB exhibits a stable financial position with robust cash flow and a strong balance sheet, highlighted by a low debt-to-equity ratio and high equity ratio. Despite challenges in achieving higher net profitability, improvements in EBIT and EBITDA margins indicate operational efficiency.

Income Statement

MAG Interactive AB shows a mixed performance in its income statement. The TTM gross profit margin stands at 73.50%, reflecting strong cost management. However, the net profit margin is only 2.65%, indicating profitability challenges. Revenue decreased by 3.59% from the previous year, while EBIT and EBITDA margins improved to 2.53% and 23.29%, respectively, showing operational efficiency improvements but still facing profitability pressure.

Balance Sheet

The balance sheet of MAG Interactive AB is robust with a low debt-to-equity ratio of 0.05, demonstrating conservative leverage. The equity ratio is high at 83.33%, which indicates a solid financial structure with substantial equity backing. Return on equity is modest at 2.33%, suggesting limited returns from equity investments.

Cash Flow

The cash flow analysis reveals a strong free cash flow growth rate of 3.67% in the TTM period. The operating cash flow to net income ratio is high at 10.17, indicating strong cash conversion from profits. The free cash flow to net income ratio is also healthy at 3.19, reflecting efficient cash generation relative to net earnings.

Breakdown	TTM	Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020
Income Statement
Total Revenue	273.25M	283.43M	362.18M	327.77M	286.58M	217.57M
Gross Profit	200.85M	222.07M	190.36M	198.13M	183.22M	121.76M
EBITDA	63.63M	57.76M	25.33M	72.71M	56.80M	-6.80M
Net Income	7.25M	-3.22M	561.00K	11.30M	7.03M	-17.37M
Balance Sheet
Total Assets	373.28M	402.05M	435.04M	460.78M	476.57M	411.99M
Cash, Cash Equivalents and Short-Term Investments	95.54M	121.83M	122.43M	125.94M	95.52M	160.63M
Total Debt	15.28M	19.94M	29.00M	40.62M	45.66M	54.35M
Total Liabilities	62.33M	67.08M	95.81M	124.79M	153.15M	98.14M
Stockholders Equity	310.95M	334.97M	339.22M	335.99M	323.42M	313.84M
Cash Flow
Free Cash Flow	23.11M	22.29M	8.90M	36.85M	12.76M	4.67M
Operating Cash Flow	73.79M	68.79M	42.97M	68.00M	50.02M	37.87M
Investing Cash Flow	-50.72M	-56.35M	-37.07M	-34.46M	-100.40M	-35.84M
Financing Cash Flow	-38.06M	-10.88M	-10.38M	-10.38M	-14.92M	-21.92M

MAG Interactive AB Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 12.85
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:MAGI, the sentiment is Positive. The current price of 12.85 is above the 20-day moving average (MA) of 10.92, above the 50-day MA of 9.13, and above the 200-day MA of 8.52, indicating a bullish trend. The MACD of 1.08 indicates Negative momentum. The RSI at 76.60 is Negative, neither overbought nor oversold. The STOCH value of 87.25 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:MAGI.

MAG Interactive AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MAGI	61 Neutral	€340.46M	2,141.67	>-0.01%	7.78%	-11.35%	-92.00%
Sector *	55 Neutral	HK$64.39B	-1.86	-1.90%	7.19%	-4.17%	-13.99%
4UJ		€3.14M	―	-25.37%	―	―	―
7HH		€12.87M	―	-35.59%	―	―	―
9RI		€945.54K	―	-37.92%	―	―	―
5WF		€15.62M	―	-253.32%	―	―	―
799		€3.67M	―	-730.10%	―	―	―