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Magnet Forensics TSX:MAGT Stock Report

Last Price

CA$44.25

Market Cap

CA$1.8b

7D

0.1%

1Y

54.5%

Updated

06 Apr, 2023

Data

Company Financials +

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

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.

MAGT fundamental analysis
Snowflake Score
Valuation0/6
Future Growth5/6
Past Performance1/6
Financial Health5/6
Dividends0/6

Magnet Forensics Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Magnet Forensics
Historical stock prices
Current Share PriceCA$44.25
52 Week HighCA$45.20
52 Week LowCA$14.89
Beta0
1 Month Change-0.11%
3 Month Change14.02%
1 Year Change54.50%
3 Year Changen/a
5 Year Changen/a
Change since IPO93.23%

Recent News & Updates

Capital Allocation Trends At Magnet Forensics (TSE:MAGT) Aren't Ideal

Jan 03
Capital Allocation Trends At Magnet Forensics (TSE:MAGT) Aren't Ideal

Recent updates

Capital Allocation Trends At Magnet Forensics (TSE:MAGT) Aren't Ideal

Jan 03
Capital Allocation Trends At Magnet Forensics (TSE:MAGT) Aren't Ideal

Magnet Forensics Inc. (TSE:MAGT) Shares Could Be 46% Below Their Intrinsic Value Estimate

Oct 30
Magnet Forensics Inc. (TSE:MAGT) Shares Could Be 46% Below Their Intrinsic Value Estimate

Returns On Capital Are Showing Encouraging Signs At Magnet Forensics (TSE:MAGT)

Sep 21
Returns On Capital Are Showing Encouraging Signs At Magnet Forensics (TSE:MAGT)

Is There An Opportunity With Magnet Forensics Inc.'s (TSE:MAGT) 28% Undervaluation?

May 09
Is There An Opportunity With Magnet Forensics Inc.'s (TSE:MAGT) 28% Undervaluation?

More Unpleasant Surprises Could Be In Store For Magnet Forensics Inc.'s (TSE:MAGT) Shares After Tumbling 25%

Jan 28
More Unpleasant Surprises Could Be In Store For Magnet Forensics Inc.'s (TSE:MAGT) Shares After Tumbling 25%

A Look At The Intrinsic Value Of Magnet Forensics Inc. (TSE:MAGT)

Jan 11
A Look At The Intrinsic Value Of Magnet Forensics Inc. (TSE:MAGT)

Shareholder Returns

MAGTCA SoftwareCA Market
7D0.1%-0.7%-1.9%
1Y54.5%31.7%3.7%

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

Is MAGT's price volatile compared to industry and market?
MAGT volatility
MAGT Average Weekly Movement4.5%
Software Industry Average Movement9.8%
Market Average Movement9.1%
10% most volatile stocks in CA Market18.3%
10% least volatile stocks in CA Market3.1%

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

FoundedEmployeesCEOWebsite
2010493Adam Belsherwww.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

How do Magnet Forensics's earnings and revenue compare to its market cap?
MAGT fundamental statistics
Market capCA$1.82b
Earnings (TTM)CA$4.94m
Revenue (TTM)CA$133.41m

369.0x

P/E Ratio

13.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MAGT income statement (TTM)
RevenueUS$98.93m
Cost of RevenueUS$6.47m
Gross ProfitUS$92.47m
Other ExpensesUS$88.80m
EarningsUS$3.67m

Last Reported Earnings

Dec 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.089
Gross Margin93.47%
Net Profit Margin3.70%
Debt/Equity Ratio1.3%

How did MAGT perform over the long term?

See historical performance and comparison
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