MAG Interactive AB (publ) develops and publishes casual mobile games worldwide. More Details
Flawless balance sheet with reasonable growth potential.
Share Price & News
How has MAG Interactive's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MAGI is not significantly more volatile than the rest of Swedish stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: MAGI's weekly volatility (8%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: MAGI underperformed the Swedish Entertainment industry which returned 114.2% over the past year.
Return vs Market: MAGI exceeded the Swedish Market which returned 16.7% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is MAG Interactive's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall StWe Might See A Profit From MAG Interactive AB (publ) (STO:MAGI) Soon
1 month ago | Simply Wall StHave Insiders Been Buying MAG Interactive AB (publ) (STO:MAGI) Shares?
2 months ago | Simply Wall StDoes MAG Interactive's (STO:MAGI) Share Price Gain of 31% Match Its Business Performance?
Is MAG Interactive undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MAGI (SEK22.4) is trading below our estimate of fair value (SEK48.53)
Significantly Below Fair Value: MAGI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MAGI is unprofitable, so we can't compare its PE Ratio to the SE Entertainment industry average.
PE vs Market: MAGI is unprofitable, so we can't compare its PE Ratio to the Swedish market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MAGI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MAGI is good value based on its PB Ratio (1.9x) compared to the SE Entertainment industry average (3.9x).
How is MAG Interactive forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MAGI is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.5%).
Earnings vs Market: MAGI is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: MAGI's is expected to become profitable in the next 3 years.
Revenue vs Market: MAGI's revenue (8.9% per year) is forecast to grow faster than the Swedish market (3.3% per year).
High Growth Revenue: MAGI's revenue (8.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MAGI's Return on Equity is forecast to be low in 3 years time (3%).
How has MAG Interactive performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MAGI is currently unprofitable.
Growing Profit Margin: MAGI is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MAGI is unprofitable, and losses have increased over the past 5 years at a rate of 25.8% per year.
Accelerating Growth: Unable to compare MAGI's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MAGI is unprofitable, making it difficult to compare its past year earnings growth to the Entertainment industry (56.8%).
Return on Equity
High ROE: MAGI has a negative Return on Equity (-5.53%), as it is currently unprofitable.
How is MAG Interactive's financial position?
Financial Position Analysis
Short Term Liabilities: MAGI's short term assets (SEK199.1M) exceed its short term liabilities (SEK39.6M).
Long Term Liabilities: MAGI's short term assets (SEK199.1M) exceed its long term liabilities (SEK58.6M).
Debt to Equity History and Analysis
Debt Level: MAGI is debt free.
Reducing Debt: MAGI had no debt 5 years ago.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable MAGI has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: MAGI is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 32.4% per year.
What is MAG Interactive current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MAGI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MAGI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if MAGI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MAGI's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: MAGI is not paying a notable dividend for the Swedish market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MAGI's dividend in 3 years as they are not forecast to pay a notable one for the Swedish market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Daniel Hasselberg (47 yo)
Mr. Daniel Hasselberg serves as Director of Sonetel AB (publ) since December 19, 2018. He Co-Founded MAG Interactive AB (publ) in 2013 and serves as its Chief Executive Officer. Mr. Hasselberg has been a D...
CEO Compensation Analysis
Compensation vs Market: Daniel's total compensation ($USD329.65K) is above average for companies of similar size in the Swedish market ($USD225.87K).
Compensation vs Earnings: Daniel's compensation has increased whilst the company is unprofitable.
|Chief Financial Officer||3.83yrs||no data||no data|
|Chief Technology Officer||10.83yrs||no data||11.44% |
|Marketing Communications Manager||no data||no data||no data|
|Chief Marketing Officer||2.25yrs||no data||0.076% |
|Head of People & Culture||1.83yrs||no data||0.018% |
|Chief Product Officer||10.83yrs||no data||5.67% |
|Head of Production||0.92yr||no data||no data|
Experienced Management: MAGI's management team is considered experienced (3.8 years average tenure).
|Independent Chairman of the Board||2.83yrs||kr267.00k||0.13% |
|Independent Director||7.83yrs||kr200.00k||no data|
|Independent Director||2.83yrs||kr133.00k||no data|
|Independent Director||2.83yrs||kr133.00k||1.89% |
|Independent Director||0.83yr||no data||no data|
Experienced Board: MAGI's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
MAG Interactive AB (publ)'s company bio, employee growth, exchange listings and data sources
- Name: MAG Interactive AB (publ)
- Ticker: MAGI
- Exchange: OM
- Founded: 2010
- Industry: Interactive Home Entertainment
- Sector: Media
- Market Cap: kr592.584m
- Shares outstanding: 26.45m
- Website: https://www.maginteractive.com
Number of Employees
- MAG Interactive AB (publ)
- Drottninggatan 95A
- Stockholm County
- 113 60
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MAGI||OM (OMX Nordic Exchange Stockholm)||Yes||Ordinary Shares||SE||SEK||Dec 2017|
|0GJ1||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||SEK||Dec 2017|
|MHK||MUN (Boerse Muenchen)||Yes||Ordinary Shares||DE||EUR||Dec 2017|
MAG Interactive AB (publ) develops and publishes casual mobile games worldwide. It offers free-to-play games for mobile platforms through virtual app stores for Android and iOS. The company was founded in ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/26 20:08|
|End of Day Share Price||2020/11/26 00:00|
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 here.