Magic Empire Global Limited (MEGL) stock price & volume — 10-year historical chart
Investment Thesis • Updated 2024Q4
"Magic Empire Global Limited currently functions as a cash-heavy holding entity rather than an active investment bank, as evidenced by its $127.5 million cash position against minimal operational activity. The firm faces significant structural challenges, including a negative 172.2% operating margin in 2024Q4, which suggests the core business model is struggling to achieve sustainable profitability in the current Hong Kong capital markets. Investors should monitor whether the company can pivot its idle capital toward productive growth initiatives or if the persistent erosion of retained earnings to -$9.1 million will continue to diminish shareholder value."
the company's inability to generate positive operating cash flow and its recent -105.8% net margin suggest that the core business model is currently failing to create value for shareholders.
Magic Empire Global Limited (MEGL) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Key metrics vs top competitors for Magic Empire Global Limited (MEGL)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $1.17 | $9.43M | -9.86 | -7.31% | -37% | -3.59% | — | |
| $1.06 | $534.85K | 0.92 | 23.24% | 1.35% | 4.24% | — | |
| $0.41 | $8.25M | -0.60 | -3.73% | -64.25% | -9.15% | — | |
| $0.68 | $3.51M | -0.29 | 77.47% | -37.88% | -3.64% | — | |
| $4.69 | $869.6M | 5.10 | 56.74% | 24.18% | 17.64% | — | |
| $96.40 | $13.45B | 9.44 | 67.83% | 44.27% | 26.38% | — |
Magic Empire Global Limited (MEGL) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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Magic Empire Global Limited (MEGL) stock FAQ — growth, dividends, profitability & financials explained
Magic Empire Global Limited (MEGL) reported $26.6M in revenue for fiscal year 2024.
Magic Empire Global Limited (MEGL) saw revenue decline by 7.3% over the past year.
Magic Empire Global Limited (MEGL) reported a net loss of $5.2M for fiscal year 2024.
Magic Empire Global Limited (MEGL) has a return on equity (ROE) of -3.6%. Negative ROE indicates the company is unprofitable.
Magic Empire Global Limited (MEGL) had negative free cash flow of $4.7M in fiscal year 2024, likely due to heavy capital investments.