Magic Empire Global Ltd. (MEGL) AI Stock Analysis

• Market Cap: $13.63M
• Dividend Yield: N/A
• Average Volume (3M): 1.88M
• Price to Earnings (P/E): ―
• Beta (1Y): -0.02
• Revenue Growth: -7.05%
• EPS Growth: -867.74%
• Country: US
• Employees: 8
• Sector: Financial
• Sector Strength: 88
• Industry: Financial - Capital Markets
• EPS (TTM): -0.12
• Shares Outstanding: 4,064,050
• 10 Day Avg. Volume: 5,580,365
• 30 Day Avg. Volume: 1,876,796
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Magic Empire Global Ltd. has an overall stock score of 43, reflecting significant financial and technical challenges. The company suffers from declining revenues, persistent losses, and negative cash flow, which are exacerbated by poor technical indicators suggesting downward momentum. Valuation concerns are highlighted by a negative P/E ratio and lack of dividends. While the strong cash position offers some stability, strategic improvements in financial performance are critical.

Magic Empire Global Ltd. Business Overview & Revenue Model

Company Description

Magic Empire Global Limited provides initial public offering sponsorship, financial and independent financial advisory, post-listing compliance advisory, and underwriting services to corporations in Hong Kong. The company was incorporated in 2016 and is headquartered in Central, Hong Kong.

How the Company Makes Money

Magic Empire Global Ltd. generates revenue through fees and commissions earned from its investment banking activities. The company provides corporate finance advisory services, underwriting services for equity and debt offerings, and asset management solutions. MEGL earns a significant portion of its income by advising clients on mergers and acquisitions, capital raising, and other strategic financial transactions. Additionally, the company may have partnerships with other financial institutions that help expand its client base and service offerings.

Magic Empire Global Ltd. Financial Statement Overview

Summary

Magic Empire Global Ltd. faces challenges with declining revenues and profitability, shown by negative net income and operating margins. Despite a strong equity position indicated by the balance sheet, cash flow inconsistencies highlight operational difficulties. Overall, financial health is moderate, needing improvement in revenue generation and cost management.

Income Statement

Magic Empire Global Ltd. has experienced declining revenue, with a significant drop from 2020 to 2023. The gross profit margin has decreased, and the company has reported net losses in recent years. The EBIT and EBITDA margins are also negative, highlighting operational inefficiencies.

Balance Sheet

The company maintains a strong equity position, with a low debt-to-equity ratio, indicating financial stability. However, the return on equity has been negative, reflecting poor profitability. The equity ratio remains high, which is a positive sign of financial health.

Cash Flow

Cash flow from operations has been inconsistent, with fluctuations over the years. Free cash flow has been negative in recent periods, indicating challenges in generating cash. However, the company has managed to maintain some level of operating cash flow relative to net income.

Breakdown
Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
13.79M	10.97M	16.79M	20.42M	27.96M
	Gross Profit
4.08M	1.60M	8.02M	20.22M	27.96M
	EBIT
-2.81M	-4.73M	1.65M	3.86M	11.92M
	EBITDA
1.76M	-1.27M	4.78M	7.96M	-150.70K
	Net Income Common Stockholders
-483.81K	-3.84M	1.58M	4.20M	10.01M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
92.41M	121.81M	11.69M	7.88M	15.67M
	Total Assets
138.26M	144.11M	25.70M	16.34M	25.50M
	Total Debt
1.75M	3.65M	5.46M	2.39M	0.00
	Net Debt
-90.66M	-118.16M	-6.22M	-5.49M	-15.67M
	Total Liabilities
3.99M	1.07M	52.29K	12.41M	1.77M
	Stockholders Equity
134.27M	136.33M	5.51M	3.93M	3.48M
Cash Flow		Free Cash Flow
-1.81M	-910.36K	678.65K	-3.99M	6.63M
	Operating Cash Flow
94.49K	-910.36K	678.65K	-3.99M	8.00M
	Investing Cash Flow
-27.92M	-14.60M	0.00	0.00	-1.37M
	Financing Cash Flow
-1.58M	125.63M	3.13M	-3.80M	-7.00M

Magic Empire Global Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.69
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For MEGL, the sentiment is Positive. The current price of 1.69 is above the 20-day moving average (MA) of 1.31, above the 50-day MA of 1.37, and below the 200-day MA of 1.89, indicating a neutral trend. The MACD of 0.07 indicates Negative momentum. The RSI at 60.68 is Neutral, neither overbought nor oversold. The STOCH value of 66.36 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for MEGL.

Magic Empire Global Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	64 Neutral	$12.60B	9.73	7.92%	16985.68%	12.21%	-5.55%
LGHL	48 Neutral	$2.11M	―	-130.38%	―	-1.96%	50.00%
MIGI	47 Neutral	$11.24M	―	-354.87%	―	36.02%	31.41%
ABTS	47 Neutral	$19.93M	―	-8.39%	―	―	―
NCPL	46 Neutral	$3.97M	―	-27.53%	―	-89.47%	-261.57%
MEGL	43 Neutral	$13.63M	―	-3.59%	―	-7.05%	-867.74%
GREE	37 Underperform	$14.78M	―	22.29%	―	-15.42%	60.06%