MGN.OL Live signals | Maximize Profits with Getagraph.com

BUY 769 min ago

@ NOK29.60

Issued: 26 Apr 2024 @ 06:39

Return: 0.34%

Previous signal: Apr 26 - 05:30

Previous signal: Sell

Return: -0.17 %

Live Chart Being Loaded With Signals

Commentary (26 Apr 2024 @ 10:27):
Our systems believe the stock currently is undervalued by 0.05% compare to its pairs and should correct upwards.

Stats
Today's Volume	126 886
Average Volume	133 913
Market Cap	1.95B
EPS	NOK0 ( 2024-04-15 )
Next earnings date	( NOK1.030 ) 2024-05-13
Last Dividend	NOK0.187 ( 2023-10-26 )
Next Dividend	NOK0 ( N/A )
P/E	10.38
ATR14	NOK0.950 (3.21%)

Correlation (AI algo v.1.1b): Undervalued: 0.05% NOK29.61 paired level. (The Algo Track The Changes Of The Most Correlated Stocks In Realtime And Give An Instant Update)

Volume Correlation

Long: -0.86 (strong negative)

Short: 0.00 (neutral)

Signal:(21) Neutral

Magnora ASA Correlation

10 Most Positive Correlations
GOD.OL	0.911
NEXT.OL	0.89
PEXIP.OL	0.884
IWS.OL	0.857
ATEA.OL	0.854
XPLRA.OL	0.848
SCANA.OL	0.848
BWLPG.OL	0.847
ECIT.OL	0.836
PROT.OL	0.835

10 Most Negative Correlations
ZWIPE.OL	-0.904
KMCP.OL	-0.881
IOX.OL	-0.878
KOMPL.OL	-0.875
SMOP.OL	-0.864
NHY.OL	-0.858
ELK.OL	-0.846
STRO.OL	-0.843
ELABS.OL	-0.841
JIN.OL	-0.833

Did You Know?

Correlation is a statistical measure that describes the relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation (as one variable increases, the other decreases), 1 indicates a perfect positive correlation (as one variable increases, the other increases), and 0 indicates no correlation (there is no relationship between the variables).

Correlation can be used to analyze the relationship between any two variables, not just stocks. It's commonly used in fields such as finance, economics, psychology, and more.

Magnora ASA Correlation - Currency/Commodity

-0.74
( moderate negative )

-0.67
( moderate negative )

0.00
( neutral )

-0.72
( moderate negative )

-0.39
( neutral )

0.47
( neutral )

Magnora ASA Financials

Annual	2023
Revenue:	NOK24.60M
Gross Profit:	NOK24.60M (100.00 %)
EPS:	NOK2.88

FY	2023
Revenue:	NOK24.60M
Gross Profit:	NOK24.60M (100.00 %)
EPS:	NOK2.88

FY	2022
Revenue:	NOK91.70M
Gross Profit:	NOK91.70M (100.00 %)
EPS:	NOK0.0655

FY	2021
Revenue:	NOK15.20M
Gross Profit:	NOK0.00 (0.00 %)
EPS:	NOK-1.194

Financial Reports:

No articles found.

Magnora ASA Dividends

(Q3/22)	(Q4/22)	(Q1/23)	(Q2/23)	(Q3/23)	(Q4/23)	(Q1/24)	(Q2/24)	(Q3/24)	(Q4/24)
NOK0 (N/A)	NOK0 (N/A)	NOK0 (N/A)	NOK0 (N/A)	NOK0.187 (N/A)	NOK0.187 (N/A)	NOK0 (N/A)	NOK0 (N/A)	NOK0 (N/A)	NOK0 (N/A)

Magnora ASA Dividend Information - Dividend Junior

Dividend Sustainability Score: 7.38 - good (73.76%) | Divividend Growth Potential Score: 2.05 - Decrease likely (58.90%)

Very Unsafe

High risk of being cut

Unsafe

Heightened risk of being cut

Borderline

Moderate risk of being cut

Safe

Unlikely to be cut

Very Safe

Very unlikely to be cut

Information

First Dividend	NOK1.200	2014-05-26
Last Dividend	NOK0.187	2023-10-26
Next Dividend	NOK0	N/A
Payout Date	2023-11-02
Next Payout Date	N/A
# dividends	7	--
Total Paid Out	NOK8.90	--
Avg. Dividend % Per Year	0.78%	--
Score	2	--
Div. Sustainability Score	7.38
Div.Growth Potential Score	2.05
Div. Directional Score	4.72	--

Next Divdend (Est)
(2025-07-14)

NOK0.0831 Estimate 10.68 %

Dividend Stability

0.43 Below Average

Dividend Score

2.00

Pay Frequency

Sporadic

Yearly Payout

Year	Amount	Yield
2014	NOK1.200	4.80%
2015	NOK0	0.00%
2016	NOK0	0.00%
2017	NOK0	0.00%
2018	NOK6.00	41.40%
2019	NOK1.000	15.40%
2020	NOK0.330	4.62%
2021	NOK0	0.00%
2022	NOK0	0.00%
2023	NOK0.374	1.76%
2024	NOK0	0.00%

Dividend Commentary

The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.

Top 10 dividend Companies for OSE

Symbol	Title	Last dividend	Frequency	Years Dividend	Yearly Dividend	Score
ALNG.OL	Dividend King	2023-11-27	Quarterly	2	6.60%	7.04
OKEA.OL	Dividend Knight	2023-12-01	Quarterly	3	5.65%	6.86
SALM.OL	Dividend Knight	2023-06-09	Annually	17	2.80%	4.97
BWLPG.OL	Dividend Knight	2023-11-17	Quarterly	11	1.68%	4.46
ELK.OL	Dividend Knight	2023-05-02	Annually	6	6.64%	4.31
BWO.OL	Dividend Knight	2023-11-20	Quarterly	14	0.87%	3.96
ATEA.OL	Dividend Knight	2023-11-20	Annually	16	2.97%	3.45
HAFNI.OL	Dividend Knight	2023-11-23	Semi-Annually	5	1.18%	3.31
AKER.OL	Dividend Knight	2023-11-07	Semi-Annually	20	2.99%	3.13
AUSS.OL	Dividend Knight	2023-05-26	Annually	17	3.23%	2.93

Dividend Sustainability Score (DSS)

Ratio	Actual Value	Weight	Normalized Value	Score	Range
netProfitMarginTTM	0.741	1.500	10.00	10.00	[0 - 0.5]
returnOnAssetsTTM	0.293	1.200	0.249	0.299	[0 - 0.3]
returnOnEquityTTM	0.316	1.500	7.60	10.00	[0.1 - 1]
payoutRatioTTM	0.0697	-1.000	9.30	-9.30	[0 - 1]
currentRatioTTM	5.71	0.800	10.00	8.00	[1 - 3]
quickRatioTTM	5.59	0.800	10.00	8.00	[0.8 - 2.5]
cashRatioTTM	5.02	1.500	10.00	10.00	[0.2 - 2]
debtRatioTTM	0.00149	-1.500	9.98	-10.00	[0 - 0.6]
interestCoverageTTM	84.81	1.000	10.00	10.00	[3 - 30]
operatingCashFlowPerShareTTM	-0.923	2.00	-0.308	-0.616	[0 - 30]
freeCashFlowPerShareTTM	-0.950	2.00	-0.475	-0.950	[0 - 20]
debtEquityRatioTTM	0.00170	-1.500	9.99	-10.00	[0 - 2.5]
grossProfitMarginTTM	0.759	1.000	0.686	0.686	[0.2 - 0.8]
operatingProfitMarginTTM	0.570	1.000	0.597	0.597	[0.1 - 0.6]
cashFlowToDebtRatioTTM	-68.56	1.000	-10.00	-10.00	[0.2 - 2]
assetTurnoverTTM	0.395	0.800	-0.702	-0.562	[0.5 - 2]
Total Score				7.38

Dividend Growth Score (DGS)

Ratio	Actual Value	Weight	Normalized Value	Score	Range
peRatioTTM	11.08	1.000	8.98	0	[1 - 100]
returnOnEquityTTM	0.316	2.50	8.46	10.00	[0.1 - 1.5]
freeCashFlowPerShareTTM	-0.950	2.00	-0.317	-0.950	[0 - 30]
dividendYielPercentageTTM	1.918	1.500	10.00	0	[0 - 0.4]
operatingCashFlowPerShareTTM	-0.923	2.00	-0.308	-0.616	[0 - 30]
payoutRatioTTM	0.0697	1.500	9.30	-9.30	[0 - 1]
pegRatioTTM	-0.320	1.500	-5.47	0	[0.5 - 2]
operatingCashFlowSalesRatioTTM	-0.259	1.000	-8.98	0	[0.1 - 0.5]
Total Score				2.05

Magnora ASA

Magnora ASA operates as a renewable energy development company. It primarily focuses on developing wind and solar PV projects. The company also hold license agreements with the Dana Western Isles and Shell Penguins FPSO. It serves oil companies and marine contractors in the United Kingdom, Norway, and Sweden. The company was formerly known as Sevan Marine ASA and changed its name to Magnora ASA in October 2018. Magnora ASA was incorporated in 2001 and is based in Oslo, Norway.