Critical Comparison: Nano Magic (NMGX) & The Competition

Volatility and Risk

Nano Magic has a beta of 51.68, meaning that its stock price is 5,068% more volatile than the S&P 500. Comparatively, Nano Magic’s competitors have a beta of 1.24, meaning that their average stock price is 24% more volatile than the S&P 500.

Earnings & Valuation

This table compares Nano Magic and its competitors top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Nano Magic	$2.47 million	-$4.45 million	-0.10
Nano Magic Competitors	$6.27 billion	$217.41 million	-9.46

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

Institutional & Insider Ownership

14.0% of Nano Magic shares are owned by institutional investors. Comparatively, 47.0% of shares of all “Chemicals” companies are owned by institutional investors. 41.6% of Nano Magic shares are owned by company insiders. Comparatively, 14.0% of shares of all “Chemicals” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Profitability

This table compares Nano Magic and its competitors’ 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	-122.46%	-11.80%	-2.19%

Summary

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

About Nano Magic

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.