Meganet Corporation (MGNT) Stock Analysis
Educational signal · not a buy or sell recommendation · How to read this
For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 16, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR
Quick AnswerMeganet Corporation (MGNT) trades at $0.0002. Meganet Corporation, founded in 2009, specializes in data security, intelligence/counter-intelligence, and military operational devices. Sector: Industrials.
Price as of Sep 11, 2026 · Last analyzed: Mar 16, 2026Analyst Coverage for MGNT: MGNT does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates MGNT against Industrials peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.
No score published: we hold no usable price for this ticker, and a grade beside a missing price says nothing.
MGNT: 1/2 scored disciplines lean bearish. Dominant signal: Izzy Englander bullish.
How is this calculated? →AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built
Meganet Corporation (MGNT) Industrial Operations Profile
Meganet Corporation, established in 2009, operates within the Security & Protection Services industry, providing data security, intelligence/counter-intelligence, and military operational devices. The company serves a global clientele, including government entities, offering encrypted products and secure communication solutions.
What Is the Investment Thesis for MGNT?
Meganet Corporation operates in the niche market of data security and military operational devices. While the company serves significant clients like the U.S. Department of Defense, its financial performance, indicated by a negative P/E ratio of -0.14 and a significantly negative profit margin of -308044.2%, raises concerns. The company's beta of -61.44 suggests an inverse correlation with the market, which could be a risk. Growth catalysts may include expansion into new markets and further development of its product line. However, the company's small size and limited resources may pose challenges to scaling operations and achieving profitability. Investors should carefully consider these factors before investing.
Based on FMP financials and quantitative analysis
MGNT Key Highlights
Market capitalization of $0.00B indicates a micro-cap company with limited financial resources.
- P/E ratio of -0.14 reflects negative earnings, suggesting the company is not currently profitable.
- Profit margin of -308044.2% indicates substantial losses relative to revenue.
- Gross margin of -11020.8% suggests that the cost of goods sold significantly exceeds revenue.
- Beta of -61.44 indicates an inverse correlation with the market, which could be a risk.
Who Are MGNT's Competitors?
MGNT is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | MoonshotScore |
|---|---|---|---|---|
| ACCMF AAC Clyde Space AB (publ) | $11.14 | 0.00% | $79.8M | — |
| APTL Alaska Power & Telephone Company | $84.01 | 0.00% | $108M | 489-signal |
| ASFH AsiaFIN Holdings Corp. | $0.14 | 0.00% | $11.5M | — |
| EMFGF Fluence Corporation Limited | $0.03 | 0.00% | $36.4M | — |
| GFAI Guardforce AI Co., Limited | $0.36 | -1.18% | $7.91M | — |
| UUU UUU | $5.30 | -2.57% | $12.7M | — |
| KSCP Knightscope, Inc. | $1.41 | -0.70% | $28.0M | — |
| BAER Bridger Aerospace Group Holdings, LLC | $1.04 | -4.59% | $59.9M | — |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance This table mixes two scoring engines — compare a number only with others carrying the same tag.
What Are MGNT's Key Strengths?
Specialized product portfolio in data security and military applications.
- Established relationships with government agencies.
- Proprietary technology in encrypted products.
- Distribution network through Federal Government GSA schedule and SEWP.
What Are MGNT's Weaknesses?
Negative P/E ratio and profit margin indicate financial instability.
- Small market capitalization limits resources for growth.
- Limited number of employees may constrain operational capacity.
- Dependence on government contracts can create revenue volatility.
What Could Drive MGNT Stock Higher?
Expansion of product offerings in data security and military applications.
- Strategic partnerships with technology companies to enhance product capabilities.
- Potential new government contracts for national security solutions.
- Increasing demand for cybersecurity solutions due to rising cyber threats.
What Are the Key Risks for MGNT?
Negative P/E ratio and profit margin indicate financial instability.
- Limited financial disclosure due to OTC listing increases investment risk.
- Intense competition in the security and protection services industry.
- Dependence on government contracts can create revenue volatility.
- Small market capitalization limits resources for growth and innovation.
What Are the Growth Opportunities for MGNT?
- Expansion into Cybersecurity Services: Meganet can leverage its existing data security products to offer comprehensive cybersecurity services, including threat detection, incident response, and vulnerability assessments. The global cybersecurity market is projected to reach $345.4 billion by 2026, presenting a significant growth opportunity. Timeline: Within the next 2-3 years, Meganet could develop and launch these services, targeting enterprise clients and government agencies.
- Increased Focus on Government Contracts: Meganet already serves the U.S. Department of Defense and the Federal Government. Expanding its presence in the government sector through targeted marketing and strategic partnerships can provide a stable revenue stream. Government spending on defense and security is expected to remain high, offering a consistent demand for Meganet's products. Timeline: Ongoing, with continuous efforts to secure new contracts and expand existing relationships.
- Development of Advanced Communication Interception Technologies: With the increasing sophistication of communication technologies, there is a growing need for advanced communication interception products. Meganet can invest in research and development to create cutting-edge solutions for real-time cell phone, satellite, and Wi-Fi interception. The market for these technologies is driven by law enforcement agencies and intelligence organizations. Timeline: Within the next 3-5 years, Meganet could develop and commercialize these advanced technologies.
- Strategic Partnerships with Technology Companies: Collaborating with other technology companies can provide Meganet with access to new markets, technologies, and resources. Partnering with companies specializing in artificial intelligence, cloud computing, or IoT can enhance Meganet's product offerings and expand its customer base. Strategic alliances can accelerate innovation and improve competitiveness. Timeline: Ongoing, with continuous efforts to identify and establish strategic partnerships.
- Geographic Expansion into Emerging Markets: Meganet can explore opportunities to expand its operations into emerging markets with growing security concerns. Countries in Asia, Africa, and Latin America are experiencing increasing demand for data security and military operational devices. Entering these markets can provide Meganet with new revenue streams and growth opportunities. Timeline: Within the next 3-5 years, Meganet could establish a presence in select emerging markets through partnerships or direct investment.
What Threats Does MGNT Face?
- Intense competition in the security and protection services industry.
- Rapid technological advancements require continuous innovation.
- Economic downturns may reduce government spending on defense and security.
- Regulatory changes and compliance requirements can increase costs.
What Are MGNT's Competitive Advantages?
- Specialized product portfolio in data security and military applications.
- Established relationships with government agencies, including the U.S. Department of Defense.
- Proprietary technology in encrypted products and communication interception.
- Distribution network through Federal Government GSA schedule and SEWP.
What Does MGNT Do?
Meganet Corporation, founded in 2009 and based in Las Vegas, Nevada, specializes in the invention, development, and marketing of data security, intelligence/counter-intelligence, and military operational devices. The company's core offerings include encrypted products designed to protect data across various platforms, such as biometric USB storage devices, computer files, email, and file transfer protocols. Additionally, Meganet provides digital signature applications and electronic file shredders for secure data disposal. Beyond data security, Meganet Corporation offers a range of products tailored for military and security applications. These include bomb jammers for motorcades and foot patrols, communication interception products for cell phones, satellite, and Wi-Fi communications, and secure communication applications for encrypted cell phones, land lines, and radios. The company also develops intelligence/counter-intelligence tools such as bugs, bug detectors, bomb sniffers, and miniature cameras. Meganet serves a diverse clientele, including enterprise clients, large organizations, and corporations worldwide. Notably, the company caters to the U.S. Department of Defense, military intelligence agencies, and the Federal Government. Meganet markets its products through various channels, including the Federal Government GSA schedule, government SEWP, its website, email, electronic catalogs, and a network of domestic and international distributors.
What Products and Services Does MGNT Offer?
- Invents, develops, and markets data security solutions.
- Provides encrypted products for data protection in various formats.
- Offers digital signature applications and electronic file shredders.
- Develops bomb jammers for motorcade and foot patrol protection.
- Creates communication interception products for cell phones, satellite, and Wi-Fi.
- Provides secure communication applications for various devices.
- Offers intelligence/counter-intelligence products like bugs and bomb sniffers.
- Develops national security solutions for border protection.
How Does MGNT Make Money?
- Develops and sells data security and military operational devices.
- Markets products through the Federal Government GSA schedule and SEWP.
- Utilizes a network of domestic and international distributors.
- Sells directly through its website, email, and electronic catalogs.
What Industry Does MGNT Operate In?
Meganet Corporation operates within the security and protection services industry, a sector driven by increasing concerns over data breaches, cyber warfare, and physical security threats. The industry includes companies providing services ranging from cybersecurity solutions to physical security systems. Meganet's focus on data security, intelligence/counter-intelligence, and military operational devices positions it within a specialized segment of this broader market. Competitors include companies like ACCMF (Accellix Inc.), APTL (AppTech Payments Corp.), ASFH (American Security Force, Inc.), EMFGF (Electromagnetic Geosciences, Inc.), and FLCX (FlexCom Solutions, Inc.). The industry is characterized by rapid technological advancements and evolving threats, requiring companies to continuously innovate and adapt.
Who Are MGNT's Key Customers?
- Enterprise clients
- Large organizations
- Corporations worldwide
- U.S. Department of Defense
- Military intelligence agencies
- Federal Government
Research confidence
Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.
- ● Scoring coverage unknown
- ● Price is current
- ● No filing on record
- ● No analyst coverage
Company Profile
Meganet Corporation operates in the Technology Distributors industry within the Technology sector. It is headquartered in Las Vegas, US. The company is led by CEO Saul Backal. MGNT has traded publicly since 2016.
Key Financial Metrics
Return on equity for Meganet Corporation stands at 18.2%, a gauge of how efficiently it converts shareholder capital into profit. Its free cash flow yield is -52.1%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.00 means current liabilities exceed short-term assets, a liquidity point worth watching.
MGNT Financials
Bull Case vs Bear Case
Bull Case
- Specialized product portfolio in data security and military applications.
- Established relationships with government agencies.
- Proprietary technology in encrypted products.
- Distribution network through Federal Government GSA schedule and SEWP.
Bear Case
- Negative P/E ratio and profit margin indicate financial instability.
- Small market capitalization limits resources for growth.
- Limited number of employees may constrain operational capacity.
- Dependence on government contracts can create revenue volatility.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
MGNT Latest News
No recent news available for MGNT.
MGNT Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for MGNT.
Price Targets
Wall Street price target analysis for MGNT.
MGNT MoonshotScore
MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for MGNT; grades run from A+ (80-100) to F (below 30).
Leadership: Saul Backal
CEO
Saul Backal is the CEO of Meganet Corporation, managing a small team of two employees. As the CEO, he is responsible for overseeing the company's strategic direction, product development, and sales efforts. His leadership is critical in navigating the competitive landscape of the security and protection services industry.
Track Record: Assessing his track record requires further data on the company's performance and key initiatives during his tenure.
Meganet Corporation ADR Information Unsponsored
An American Depositary Receipt (ADR) is a certificate representing shares of a foreign company trading on U.S. stock exchanges. MGNT, as an ADR, allows U.S. investors to invest in Meganet Corporation, which is based in Las Vegas, without the complexities of cross-border transactions. The ADR is denominated in U.S. dollars, simplifying trading and investment analysis.
- Home Market Ticker: Not applicable, as the company is based in Las Vegas, US.
- ADR Level: 1
- ADR Ratio: 1:1
MGNT OTC Market Information
The OTC Other tier represents the lowest tier of the over-the-counter (OTC) market. Companies in this tier often have limited financial disclosure, may not meet minimum listing standards, and can be subject to greater price volatility. Unlike companies listed on major exchanges like the NYSE or NASDAQ, OTC Other companies face fewer regulatory requirements, increasing the risk for investors.
- OTC Tier: OTC Other
- Limited financial disclosure increases the difficulty of assessing the company's financial health.
- Low trading volume and wide bid-ask spreads can make it difficult to buy or sell shares.
- Lack of regulatory oversight increases the risk of fraud or mismanagement.
- Potential for price manipulation due to low liquidity.
- Higher volatility compared to stocks listed on major exchanges.
- Verify the company's registration and legal standing.
- Attempt to obtain and review any available financial statements.
- Assess the company's management team and their experience.
- Research the company's products, services, and market position.
- Understand the company's business model and revenue streams.
- Evaluate the company's competitive landscape.
- Consult with a financial advisor before investing.
- Company's registration with regulatory authorities.
- Existence of a functional website and contact information.
- Any available press releases or news coverage.
- Information on key management personnel.
- Partnerships or contracts with reputable organizations.
MGNT Industrials Stock FAQ
Is MGNT a good stock?
Stock Expert AI does not rate MGNT buy, sell or hold. Meganet Corporation has no MoonshotScore yet; read the financial checkup, analyst consensus and risks directly. Whether it fits is your call: check what it sells, whether it earns, what the price assumes, and what would prove you wrong.
What do analysts say about MGNT stock?
Given its OTC listing and limited financial information, comprehensive analyst coverage may be scarce. Investors should conduct thorough due diligence and consider the company's financial metrics, market position, and growth potential. Further AI analysis is needed for a complete picture.
What are the key factors to evaluate for MGNT?
Evaluate MGNT on fundamentals, analyst consensus, and risk factors. While the company serves significant clients like the U.S. Department of Defense, its financial performance, indicated by a negative P/E ratio of -0.14 and a significantly negative profit margin of -308044.2%, raises concerns. Not financial advice.
How frequently does MGNT data refresh on this page?
MGNT's price was last updated on Sep 11, 2026 and refreshes on page view during U.S. market hours; the quote is a provider snapshot, not an exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.
What has driven MGNT's recent stock price performance?
Meganet Corporation (MGNT) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Specialized product portfolio in data security and military applications. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider MGNT overvalued or undervalued right now?
Meganet Corporation (MGNT) has no trailing P/E available here, so lean on price-to-sales and cash flow in the Financials tab. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
Can I buy fractional shares of MGNT?
Yes, most major brokerages offer fractional shares of Meganet Corporation (MGNT) with no minimum purchase requirement. This means you can invest any dollar amount regardless of the share price. Check your brokerage platform for specific terms, fees, and fractional share availability.
How can I track MGNT's earnings and financial reports?
Meganet Corporation (MGNT) reports quarterly earnings approximately 4-6 weeks after each fiscal quarter ends. You can track earnings dates, revenue and EPS estimates, and actual results on this page's Financials tab. Earnings surprises (beats or misses) often cause significant short-term price moves. Your brokerage can send alerts for MGNT earnings announcements.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Limited financial information available for Meganet Corporation.
- OTC listing increases investment risk.