The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Magis SpA Forward PE Ratio Related Terms
Magis SpA Forward PE Ratio Historical Data
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The historical data trend for Magis SpA's Forward PE Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Magis SpA Forward PE Ratio Chart
Magis SpA Annual Data
Trend
2023-12
2024-12
2025-12
Forward PE Ratio
7.08
7.15
11.65
Magis SpA Semi-Annual Data
2023-06
2023-12
2024-06
2024-12
2025-06
2025-12
Forward PE Ratio
8.26
7.08
8.94
7.15
8.84
11.65
MIL:MGS vs LIN, SHW, ECL: Forward PE Ratio Comparison
For the Specialty Chemicals subindustry, Magis SpA's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Magis SpA Forward PE Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Magis SpA's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Magis SpA's Forward PE Ratio falls into.
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Magis SpA (MIL:MGS) has a Forward PE Ratio of 12.52 as of Jul. 07, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Magis SpA and its competitors. According to the industry distribution chart, Magis SpA ranks #177 out of 659 companies in the Chemicals industry, placing it in the top 26.9%.
Is Magis SpA's Forward PE Ratio too high?
Magis SpA's current Forward PE Ratio is 12.52. The Chemicals industry median Forward PE Ratio is 19.29. Magis SpA's value of 12.52 is 35.1% below this industry median. Based on the distribution chart, Magis SpA ranks #177 out of 659 companies in the Chemicals industry, which is above the industry midpoint. Overall, Magis SpA has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Magis SpA's Forward PE Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Magis SpA ranks #177 out of 659 companies for Forward PE Ratio. This puts Magis SpA in the upper half of its industry. The industry median Forward PE Ratio is 19.29. Magis SpA's value of 12.52 is 35.1% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a Chemicals company?
The median Forward PE Ratio among Chemicals companies is 19.29, based on 659 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Magis SpA's current Forward PE Ratio of 12.52 is 35.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Magis SpA and its competitors. For the Chemicals industry, the median Forward PE Ratio is 19.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Magis SpA's current Forward PE Ratio is 12.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magis SpA stock overvalued right now?
Based on GuruFocus' analysis, Magis SpA (MIL:MGS) is currently considered Modestly Undervalued. The stock's GF Value™ is €11.37, compared to a current price of €9.90 — trading 12.9% below its estimated fair value. The current Forward PE Ratio is 12.52 and 35.1% below the Chemicals industry median of 19.29. Magis SpA's overall GF Score™ is 62/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For Magis SpA (MIL:MGS), the current Forward PE Ratio is 12.52 as of Jul. 07, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Magis SpA (MIL:MGS) Overvalued in 2026?
Based on GuruFocus' analysis, Magis SpA stock appears to be undervalued.
The current stock price of €9.90 is trading 12.9% below its estimated GF Value™ of €11.37.
GuruFocus considers Magis SpA to be Modestly Undervalued.
Key valuation signals for MIL:MGS:
Forward PE Ratio: 12.52
GF Value™: €11.37 vs. price of €9.90 (12.9% below fair value)
Industry Position: 35.1% below the Chemicals median (#177 of 659)
No single metric tells the full story. See the MIL:MGS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Magis SpA engages in the production of customized adhesive tapes, packaging products, and closure systems for disposable nappies and adult incontinence products. Its products comprise Bopp tapes, Bopet tapes, Duct tapes, Crepe tapes, and Mopp tapes.
62GF Score
Get the complete analysis for MIL:MGS
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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