Magic Software Enterprises Ltd
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $11.68
- Today's High:
- $11.88
- Open Price:
- $11.7
- 52W Low:
- $10.9027
- 52W High:
- $16.8185
- Prev. Close:
- $11.8
- Volume:
- 12068
Company Statistics
- Market Cap.:
- $579.30 million
- Book Value:
- 5.346
- Revenue TTM:
- $571.13 million
- Operating Margin TTM:
- 10.59%
- Gross Profit TTM:
- $155.36 million
- Profit Margin:
- 7.46%
- Return on Assets TTM:
- 7.38%
- Return on Equity TTM:
- 16.65%
Company Profile
Magic Software Enterprises Ltd had its IPO on 1991-08-28 under the ticker symbol MGIC.
The company operates in the Technology sector and Information Technology Services industry. Magic Software Enterprises Ltd has a staff strength of 4,161 employees.
Stock update
Shares of Magic Software Enterprises Ltd opened at $11.7 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $11.68 - $11.88, and closed at $11.71.
This is a -0.76% slip from the previous day's closing price.
A total volume of 12,068 shares were traded at the close of the day’s session.
In the last one week, shares of Magic Software Enterprises Ltd have slipped by -0.26%.
Magic Software Enterprises Ltd's Key Ratios
Magic Software Enterprises Ltd has a market cap of $579.30 million, indicating a price to book ratio of 3.2028 and a price to sales ratio of 1.4231.
In the last 12-months Magic Software Enterprises Ltd’s revenue was $571.13 million with a gross profit of $155.36 million and an EBITDA of $71.74 million. The EBITDA ratio measures Magic Software Enterprises Ltd's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Magic Software Enterprises Ltd’s operating margin was 10.59% while its return on assets stood at 7.38% with a return of equity of 16.65%.
In Q2, Magic Software Enterprises Ltd’s quarterly earnings growth was a positive 43.8% while revenue growth was a positive 0.4%.
Magic Software Enterprises Ltd’s PE and PEG Ratio
- Forward PE
- 23.9234
- Trailing PE
- 13.5632
- PEG
- 1.08
Its diluted EPS in the last 12-months stands at $0.87 per share while it has a forward price to earnings multiple of 23.9234 and a PEG multiple of 1.08. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Magic Software Enterprises Ltd’s profitability.
Magic Software Enterprises Ltd stock is trading at a EV to sales ratio of 1.4403 and a EV to EBITDA ratio of 11.1099. Its price to sales ratio in the trailing 12-months stood at 1.4231.
Magic Software Enterprises Ltd stock pays annual dividends of $0.627 per share, indicating a yield of 5.54% and a payout ratio of 57%.
Balance sheet and cash flow metrics
- Total Assets
- $529.76 million
- Total Liabilities
- $147.93 million
- Operating Cash Flow
- $0
- Capital Expenditure
- $917000
- Dividend Payout Ratio
- 57%
Magic Software Enterprises Ltd ended 2024 with $529.76 million in total assets and $0 in total liabilities. Its intangible assets were valued at $529.76 million while shareholder equity stood at $262.43 million.
Magic Software Enterprises Ltd ended 2024 with $0 in deferred long-term liabilities, $147.93 million in other current liabilities, in common stock, $0 in retained earnings and $0 in goodwill. Its cash balance stood at $104.62 million and cash and short-term investments were $106.02 million. The company’s total short-term debt was $35,244,000 while long-term debt stood at $58.66 million.
Magic Software Enterprises Ltd’s total current assets stands at $259.05 million while long-term investments were $0 and short-term investments were $1.41 million. Its net receivables were $153.02 million compared to accounts payable of $25.74 million and inventory worth $0.
In 2024, Magic Software Enterprises Ltd's operating cash flow was $0 while its capital expenditure stood at $917000.
Comparatively, Magic Software Enterprises Ltd paid $0.57 in dividends in 2024.
Other key metrics
- Current Trading Price
- $11.71
- 52-Week High
- $16.8185
- 52-Week Low
- $10.9027
- Analyst Target Price
- $23
Magic Software Enterprises Ltd stock is currently trading at $11.71 per share. It touched a 52-week high of $16.8185 and a 52-week low of $16.8185. Analysts tracking the stock have a 12-month average target price of $23.
Its 50-day moving average was $12.22 and 200-day moving average was $13.57 The short ratio stood at 0.91 indicating a short percent outstanding of 0%.
Around 4664.8% of the company’s stock are held by insiders while 1903.7% are held by institutions.
Frequently Asked Questions About Magic Software Enterprises Ltd
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About
Magic Software Enterprises Ltd. provides proprietary application development, vertical software solutions, business process integration, information technologies (IT) outsourcing software services, and cloud based services in Israel and internationally. The company’s Software Services segment develops, markets, sells, and supports application platform, software applications, and business and process integration solutions and related services. Its IT Professional Services segment offers IT services in the areas of infrastructure design and delivery, application development, technology planning and implementation services, communications services and solutions, and supplemental outsourcing services. It also offers proprietary application platforms, such as Magic xpa for developing and deploying business applications; AppBuilder for building, deploying, and maintaining business applications; Magic xpi for application integration; Magic xpi cloud native; FactoryEye for virtualization of production data; Magic Data Management and Analytics Platform for data management; and Magic SmartUX for cross-platform mobile business applications. It also provides vertical software solutions comprising Clicks, a software solution for healthcare providers; Leap, a software solution for business support systems; Hermes Cargo, a packaged software solution for managing air cargo ground handling; HR Pulse, a single-tenant software as a service tool; MBS Solution, a system for managing TV broadcast management; Nativ, a system for management of rehabilitation centers; and Mobisale, a system for sales and distribution field activities for consumer goods manufacturers and wholesalers. In addition, the company provides software maintenance, support, training, and consulting services. The company was formerly known as Mashov Software Export (1983) Ltd. and changed its name to Magic Software Enterprises Ltd. in 1991. The company was incorporated in 1983 and is headquartered in Or Yehuda, Israel.