Financial Survey: Nano Magic (NMGX) versus Its Competitors

Profitability

This table compares Nano Magic and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Nano Magic	N/A	N/A	N/A
Nano Magic Competitors	-122.61%	-12.09%	-2.28%

Insider & Institutional Ownership

14.0% of Nano Magic shares are held by institutional investors. Comparatively, 47.1% of shares of all “Chemicals” companies are held by institutional investors. 41.6% of Nano Magic shares are held by company insiders. Comparatively, 13.8% of shares of all “Chemicals” companies are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Earnings and Valuation

This table compares Nano Magic and its rivals revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Nano Magic	$2.47 million	-$4.45 million	-0.10
Nano Magic Competitors	$6.26 billion	$217.41 million	-3.20

Nano Magic’s rivals have higher revenue and earnings than Nano Magic. Nano Magic is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently more expensive than other companies in its industry.

Risk & Volatility

Nano Magic has a beta of 51.3, meaning that its stock price is 5,030% more volatile than the S&P 500. Comparatively, Nano Magic’s rivals have a beta of 1.24, meaning that their average stock price is 24% more volatile than the S&P 500.

Summary

Nano Magic beats its rivals on 6 of the 9 factors compared.

Nano Magic Company Profile

Nano Magic Inc. develops, commercializes, and markets consumer and industrial products using nanotechnology in the United States and Canada. The company offers liquid and towelette formulations for cleaning and protecting clear surfaces, such as electronic touchscreens, windshields, windows, mirrors, shower doors, eyeglasses, and sunglass lenses; liquid formulation packaged for retail and industrial sale for cleaning surfaces; and anti-fogging liquid and towelette formulations for sporting product applications and goggles. It also provides anti-fogging towelettes to the military and first responders for safety, anti-fogging, and conditioning of lenses; mar-resistant and stain-resistant coatings for porcelain and ceramic surfaces; and clear protective coatings used on display panels and touch screens to remove fingerprints. In addition, the company offers protective and water repelling coatings for interior and exterior glass, and ceramic surfaces to clean and prevent scale and grime encrustation. It markets and sells its products directly to customers and retailers; and through distributors. The company was formerly known as Nano Magic Holdings Inc. and changed its name to Nano Magic Inc. in December 2022. Nano Magic Inc. is headquartered in Madison Heights, Michigan.