MAGS

Magal Security SystemsNasdaqGM:MAGS Stock Report

Market Cap

US$126.1m

7D

-2.0%

1Y

49.5%

Updated

22 Sep, 2021

Data

Company Financials
MAGS fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends2/6

MAGS Overview

Magal Security Systems Ltd. develops, manufactures, markets, and sells perimeter intrusion detection sensors, physical barriers, video analytics and management systems, cyber security products and systems, and security video observation and surveillance systems.

Magal Security Systems Competitors

Honeywell International

NasdaqGS:HON

US$148.4b

Siemens

XTRA:SIE

€116.6b

Johnson Controls International

NYSE:JCI

US$51.5b

PureTech Health

LSE:PRTC

UK£1.0b

Price History & Performance

Summary of all time highs, changes and price drops for Magal Security Systems
Historical stock prices
Current Share PriceUS$5.44
52 Week HighUS$3.53
52 Week LowUS$5.97
Beta1
1 Month Change-0.37%
3 Month Change20.09%
1 Year Change49.45%
3 Year Change-4.56%
5 Year Change28.30%
Change since IPO-45.85%

Recent News & Updates

Aug 09
Shareholders May Not Be So Generous With Magal Security Systems Ltd.'s (NASDAQ:MAGS) CEO Compensation And Here's Why

Shareholders May Not Be So Generous With Magal Security Systems Ltd.'s (NASDAQ:MAGS) CEO Compensation And Here's Why

Performance at Magal Security Systems Ltd. ( NASDAQ:MAGS ) has been reasonably good and CEO Dror Sharon has done a...

Shareholder Returns

MAGSUS ElectronicUS Market
7D-2.0%-3.2%-1.8%
1Y49.5%47.1%31.5%

Return vs Industry: MAGS matched the US Electronic industry which returned 49.3% over the past year.

Return vs Market: MAGS exceeded the US Market which returned 33% over the past year.

Price Volatility

Is MAGS's price volatile compared to industry and market?
MAGS volatility
MAGS Beta1
Industry Beta1.32
Market Beta1

Stable Share Price: MAGS is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: MAGS's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1965394Dror Sharonhttps://www.magalsecurity.com

Magal Security Systems Ltd. develops, manufactures, markets, and sells perimeter intrusion detection sensors, physical barriers, video analytics and management systems, cyber security products and systems, and security video observation and surveillance systems. The company operates through two segments, Products and Projects. It offers perimeter security products that enable customers to monitor, limit, and control access by unauthorized personnel to specific regions or areas.

Magal Security Systems Fundamentals Summary

How do Magal Security Systems's earnings and revenue compare to its market cap?
MAGS fundamental statistics
Market CapUS$126.08m
Earnings (TTM)-US$830.00k
Revenue (TTM)US$82.77m

1.5x

P/S Ratio

-151.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MAGS income statement (TTM)
RevenueUS$82.77m
Cost of RevenueUS$47.34m
Gross ProfitUS$35.43m
ExpensesUS$36.26m
Earnings-US$830.00k

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.036
Gross Margin42.81%
Net Profit Margin-1.00%
Debt/Equity Ratio0%

How did MAGS perform over the long term?

See historical performance and comparison

Dividends

31.7%

Current Dividend Yield

-4,813%

Payout Ratio

Does MAGS pay a reliable dividends?

See MAGS dividend history and benchmarks
When do you need to buy MAGS by to receive an upcoming dividend?
Magal Security Systems dividend dates
Ex Dividend DateSep 23 2021
Dividend Pay DateSep 22 2021
Days until Ex dividend0 days
Days until Dividend pay date1 day

Does MAGS pay a reliable dividends?

See MAGS dividend history and benchmarks

Valuation

Is Magal Security Systems undervalued compared to its fair value and its price relative to the market?

1.6x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: MAGS ($5.44) is trading above our estimate of fair value ($0.79)

Significantly Below Fair Value: MAGS is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: MAGS is unprofitable, so we can't compare its PE Ratio to the US Electronic industry average.

PE vs Market: MAGS is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate MAGS's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: MAGS is good value based on its PB Ratio (1.6x) compared to the US Electronic industry average (2.6x).


Future Growth

How is Magal Security Systems forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

22.5%

Forecasted Tech industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Magal Security Systems has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Magal Security Systems performed over the past 5 years?

26.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MAGS is currently unprofitable.

Growing Profit Margin: MAGS is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: MAGS is unprofitable, but has reduced losses over the past 5 years at a rate of 26.3% per year.

Accelerating Growth: Unable to compare MAGS's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: MAGS is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (40.3%).


Return on Equity

High ROE: MAGS has a negative Return on Equity (-0.42%), as it is currently unprofitable.


Financial Health

How is Magal Security Systems's financial position?


Financial Position Analysis

Short Term Liabilities: MAGS's short term assets ($75.8M) exceed its short term liabilities ($11.3M).

Long Term Liabilities: MAGS's short term assets ($75.8M) exceed its long term liabilities ($9.9M).


Debt to Equity History and Analysis

Debt Level: MAGS is debt free.

Reducing Debt: MAGS had no debt 5 years ago.

Debt Coverage: MAGS has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: MAGS has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Magal Security Systems's current dividend yield, its reliability and sustainability?

31.71%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: MAGS's dividend (31.71%) is higher than the bottom 25% of dividend payers in the US market (1.35%).

High Dividend: MAGS's dividend (31.71%) is in the top 25% of dividend payers in the US market (3.65%)


Stability and Growth of Payments

Stable Dividend: Too early to tell whether MAGS's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if MAGS's dividend payments are increasing as they only just started paying a dividend.


Current Payout to Shareholders

Dividend Coverage: MAGS is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.3yrs

Average management tenure


CEO

Dror Sharon (55 yo)

3.25yrs

Tenure

US$826,000

Compensation

Mr. Dror Sharon serves as Chief Executive Officer at Magal Security Systems Ltd. Since June 24, 2018. He served as the Chief Executive Officer at CONTROP Precision Technologies Ltd until June 24, 2018.Mr....


CEO Compensation Analysis

Compensation vs Market: Dror's total compensation ($USD826.00K) is above average for companies of similar size in the US market ($USD545.11K).

Compensation vs Earnings: Dror's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: MAGS's management team is considered experienced (3.3 years average tenure).


Board Members

Experienced Board: MAGS's board of directors are considered experienced (7 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Magal Security Systems Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Magal Security Systems Ltd.
  • Ticker: MAGS
  • Exchange: NasdaqGM
  • Founded: 1965
  • Industry: Electronic Equipment and Instruments
  • Sector: Tech
  • Market Cap: US$126.085m
  • Shares outstanding: 23.18m
  • Website: https://www.magalsecurity.com

Number of Employees


Location

  • Magal Security Systems Ltd.
  • 17 Altalef Street
  • Industrial Zone
  • Yehud
  • 5621617
  • Israel

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/22 00:12
End of Day Share Price2021/09/21 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.