NasdaqGM:MAGS

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Magal Security Systems

Market Cap

US$101.5m

Last Updated

2021/06/23 15:04 UTC

Data Sources

Company Financials

Executive Summary

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. More Details

Risk Analysis

No risks detected for MAGS from our risk checks.


Snowflake Analysis

Flawless balance sheet and overvalued.


Similar Companies

Share Price & News

How has Magal Security Systems's share price performed over time and what events caused price changes?


Latest Share Price and Events

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.


Market Performance


7 Day Return

-2.7%

MAGS

-1.7%

US Electronic

-0.1%

US Market


1 Year Return

44.6%

MAGS

51.4%

US Electronic

39.0%

US Market

Return vs Industry: MAGS underperformed the US Electronic industry which returned 51.4% over the past year.

Return vs Market: MAGS exceeded the US Market which returned 39% over the past year.


Shareholder returns

MAGSIndustryMarket
7 Day-2.7%-1.7%-0.1%
30 Day-2.9%0.5%2.6%
90 Day-0.5%5.4%8.0%
1 Year80.6%44.6%54.5%51.4%41.2%39.0%
3 Year2.8%-17.7%65.7%58.8%62.4%52.3%
5 Year13.7%-8.9%178.1%160.1%132.3%106.2%

Long-Term Price Volatility Vs. Market

How volatile is Magal Security Systems's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

1.58x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: MAGS ($4.46) is trading above our estimate of fair value ($0.6)

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 (2.9x).


Future Growth

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

18.8%

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?

20.3%

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 20.3% 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 (14.1%).


Return on Equity

High ROE: MAGS has a negative Return on Equity (-0.78%), 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 ($37.2M) exceed its short term liabilities ($8.9M).

Long Term Liabilities: MAGS's short term assets ($37.2M) exceed its long term liabilities ($25.5M).


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?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate MAGS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate MAGS'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 MAGS's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if MAGS's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of MAGS's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

4.8yrs

Average management tenure


CEO

Dror Sharon (54 yo)

3yrs

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 ($USD826.00K) is above average for companies of similar size in the US market ($USD532.21K).

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 (4.8 years average tenure).


Board Members

Experienced Board: MAGS's board of directors are considered experienced (6.8 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 company bio, 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$101.458m
  • Shares outstanding: 23.16m
  • Website: https://www.magalsecurity.com

Number of Employees


Location

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

Listings


Biography

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,...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/23 15:04
End of Day Share Price2021/06/22 00:00
Earnings2021/03/31
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.