Nano Magic (Nano Magic) GF Value : $0.24 (As of May. 11, 2024)

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What is Nano Magic GF Value?

The GF Value represents the current intrinsic value of a stock derived from our exclusive method. The GF Value Line on our summary page gives an overview of the fair value that the stock should be traded at. It is calculated based on three factors:

Historical multiples (PE Ratio, PS Ratio, PB Ratio and Price-to-Free-Cash-Flow) that the stock has traded at.
GuruFocus adjustment factor based on the company’s past returns and growth.
Future estimates of the business performance.

We believe the GF Value Line is the fair value that the stock should be traded at. The stock price will most likely fluctuate around the GF Value Line. If the stock price is significantly above the GF Value Line, it is overvalued and its future return is likely to be poor. On the other hand, if it is significantly below the GF Value Line, its future return will likely be higher.

Please note, "Possible Value Trap, Think Twice" is for the companies that look very undervalued, but either in the long term trend of business decline, or in financial distress.

As of today (2024-05-11), Nano Magic's share price is $0.71. Nano Magic's GF Value is $0.24. Therefore, Nano Magic's Price-to-GF-Value for today is 2.96.

Based on the relationship between the current stock price and the GF Value, GuruFocus believes Nano Magic is Significantly Overvalued.

Nano Magic (OTCPK:NMGX) GF Value Explanation

Based on the relationship between the current stock price and the GF Value, GuruFocus provides the following 6 evaluations:

Posssible Evaluations	All-in-One Screener Examples (2)
Possible Value Trap, Think Twice (1)	Predictable Companies that possibly be Value Traps
Significantly Overvalued	Predictable Companies which are Significantly Overvalued
Modestly Overvalued	Predictable Companies which are Modestly Overvalued
Fairly Valued	Predictable High Quality Companies which are Fairly Valued
Modestly Undervalued (3)	Predictable High Quality Companies which are Modestly Undervalued
Significantly Undervalued (3)	Predictable High Quality Companies which are Significantly Undervalued

(1) "Possible Value Trap, Think Twice" is for the companies that look very undervalued, but either in the long term trend of business decline, or in financial distress.

(2) These are some simple examples. You can access our GF Valuation filter under All-in-One Screener’s Fundamental tab, and Price-to-GF-Value filter under Valuation Ratio tab and set your own criteria.

(3) There is only a sufficient margin of safety when the stock is undervalued.

Nano Magic's Price-to-GF-Value for today is calculated as

Price-to-GF-Value	=	Share Price	/	GF Value
	=	0.71	/	0.24
	=	2.96

* 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.

Nano Magic GF Value Related Terms

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Nano Magic (Nano Magic) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Nano Magic Inc (OTCPK:NMGX) » Definitions » GF Value

Comparable Companies

Traded in Other Exchanges

N/A

Address

31601 Research Park Drive, Madison Heights, MI, USA, 48071

Website

https://www.nanomagic.com

Nano Magic Inc is engaged in the marketing and sale of products enabled by nanotechnology. It develops and sells products based on its portfolio of intellectual property and its products include a portfolio of nano-layer coatings, nano-based cleaners, printable inks, pastes, and thermal management materials. Its products can be used on eyeglasses, extreme sport and safety glasses and goggles, electronic screens, windows, mirrors, shower doors, and cleaning everyday household surfaces.

Executives

Scott E. Rickert	director, 10 percent owner, officer: CEO, President & Chairman	431 FAIRWAY DR, SUITE 200, DEERFIELD BEACH FL 33441
Jeanne M Rickert	director, officer: Chief Legal Officer	431 FAIRWAY DR, SUITE 200, DEERFIELD BEACH FL 33441
Ronald J Berman	director	701 BRICKELL AVENUE, SUITE 1550, MIAMI FL 33131
Raymond William Gunn	director	56420 NEWPORT DRIVE, SHELBY TOWNSHIP MI 48316
David M Sherbin	director	4181 AO SOUTHMOOR LANE, WEST BLOOMFIELD MI 48323
Miles Geoffrey Gatland	director	1110 ISLAND DRIVE, COMMERCE TOWNSHIP MI 48382
Lara O'connor Hodgson	director	8 HABERSHAM PARK, ATLANTA GA 30305
Magic Growth 2 Llc	10 percent owner	31601 RESEARCH PARK DRIVE, MADISON HEIGHTS MI 48071
Magic Growth Llc	10 percent owner	750 DENISON COURT, BLOOMFIELD HILLS MI 48302
Tom J. Berman	director, officer: President	750 DENISON COURT, BLOOMFIELD HILLS MI 48302
John Todd Lunsford	director	4971 CHERRY BLOSSOM CIRCLE, WEST BLOOMFIELD MI 48324
Leandro Vera	officer: CFO	11271 N ROCKING R RD., HAYDEN ID 83835
Jacqueline M Soptick	officer: Chief Accounting Officer	3006 LONGHORN BLVD, STE 107, AUSTIN TX 78732
Pen Comeback 2, Llc	10 percent owner	750 DENISON COURT, BLOOMFIELD HILLS MI 48302
Pen Comeback, Llc	10 percent owner	750 DENISON COURT, BLOOMFIELD HILLS MI 48302