This company has been acquired
Magnet Forensics (MAGT) Stock Overview
Magnet Forensics Inc., together with its subsidiaries, engages in the development and sale of evidence recovery software tools and digital evidence management platforms in Canada, Asia, the United States, the Americas, and Europe. More details
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 5/6 |
| Past Performance | 1/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
MAGT Community Fair Values
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Magnet Forensics Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$44.25 |
| 52 Week High | CA$45.20 |
| 52 Week Low | CA$14.89 |
| Beta | 0 |
| 1 Month Change | -0.11% |
| 3 Month Change | 14.02% |
| 1 Year Change | 54.50% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 93.23% |
Recent News & Updates
Recent updates
Capital Allocation Trends At Magnet Forensics (TSE:MAGT) Aren't Ideal
Jan 03
Magnet Forensics Inc. (TSE:MAGT) Shares Could Be 46% Below Their Intrinsic Value Estimate
Oct 30Returns On Capital Are Showing Encouraging Signs At Magnet Forensics (TSE:MAGT)
Sep 21Is There An Opportunity With Magnet Forensics Inc.'s (TSE:MAGT) 28% Undervaluation?
May 09More Unpleasant Surprises Could Be In Store For Magnet Forensics Inc.'s (TSE:MAGT) Shares After Tumbling 25%
Jan 28A Look At The Intrinsic Value Of Magnet Forensics Inc. (TSE:MAGT)
Jan 11Shareholder Returns
| MAGT | CA Software | CA Market | |
|---|---|---|---|
| 7D | 0.1% | -9.6% | 1.7% |
| 1Y | 54.5% | -28.1% | 30.2% |
Return vs Industry: MAGT exceeded the Canadian Software industry which returned -1.6% over the past year.
Return vs Market: MAGT exceeded the Canadian Market which returned -8.8% over the past year.
Price Volatility
| MAGT volatility | |
|---|---|
| MAGT Average Weekly Movement | 4.5% |
| Software Industry Average Movement | 12.7% |
| Market Average Movement | 10.1% |
| 10% most volatile stocks in CA Market | 19.7% |
| 10% least volatile stocks in CA Market | 3.3% |
Stable Share Price: MAGT has not had significant price volatility in the past 3 months.
Volatility Over Time: MAGT's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2010 | 493 | Adam Belsher | www.magnetforensics.com |
Magnet Forensics Inc., together with its subsidiaries, engages in the development and sale of evidence recovery software tools and digital evidence management platforms in Canada, Asia, the United States, the Americas, and Europe. It offers Magnet AXIOM, a digital investigations platform to recover analyze, and report on digital evidence from mobiles, cloud and vehicle sources; Magnet AXIOM CYBER, a digital forensics and incident response solution for businesses that need to perform remote acquisitions, and collect and analyze evidence from computers, cloud, and mobile devices; Magnet Digital Investigation Suite, which transforms digital investigations with analytics and collaborate agency-wide, securely, and at scale; and Magnet DVR Examiner, that recovers video and metadata from CCTV and Surveillance DVRs. The company also provides Magnet AUTOMATE, an orchestration and automation tool that automate mobile and computer workflows; Magnet ATLAS, a tool to manage cases, generate real-time reports, and track digital investigations; Magnet REVIEW to securely share the digital evidence via a single web-based platform; Magnet IGNITE, a cloud-based compromise assessment tool that performs scans and initial analysis of endpoints; and Magnet OUTRIDER, that enables triage devices for illicit content such as CSAM in the field or the lab with automated insights.
Magnet Forensics Inc. Fundamentals Summary
| MAGT fundamental statistics | |
|---|---|
| Market cap | CA$1.82b |
| Earnings (TTM) | CA$4.94m |
| Revenue (TTM) | CA$133.41m |
Is MAGT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MAGT income statement (TTM) | |
|---|---|
| Revenue | US$98.93m |
| Cost of Revenue | US$6.47m |
| Gross Profit | US$92.47m |
| Other Expenses | US$88.80m |
| Earnings | US$3.67m |
Last Reported Earnings
Dec 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.089 |
| Gross Margin | 93.47% |
| Net Profit Margin | 3.70% |
| Debt/Equity Ratio | 1.3% |
How did MAGT perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/04/06 13:37 |
| End of Day Share Price | 2023/04/06 00:00 |
| Earnings | 2022/12/31 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Magnet Forensics Inc. is covered by 6 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Thanos Moschopoulos | BMO Capital Markets Equity Research |
| Douglas Taylor | Canaccord Genuity |
| Stephanie Price | CIBC Capital Markets |