Magic Software Enterprises Ltd. (MGIC): Price and Financial Metrics


Magic Software Enterprises Ltd. (MGIC): $17.45

-0.04 (-0.23%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

MGIC POWR Grades

  • MGIC scores best on the Stability dimension, with a Stability rank ahead of 96.89% of US stocks.
  • The strongest trend for MGIC is in Value, which has been heading up over the past 177 days.
  • MGIC ranks lowest in Momentum; there it ranks in the 9th percentile.

MGIC Stock Summary

  • With a one year PEG ratio of 90.65, MAGIC SOFTWARE ENTERPRISES LTD is expected to have a higher PEG ratio (a measure of how expensive a stock is relative to its expected earnings growth) than 76.07% of US stocks.
  • MAGIC SOFTWARE ENTERPRISES LTD's stock had its IPO on August 30, 1991, making it an older stock than 84.87% of US equities in our set.
  • In terms of volatility of its share price, MGIC is more volatile than just 20.46% of stocks we're observing.
  • If you're looking for stocks that are quantitatively similar to MAGIC SOFTWARE ENTERPRISES LTD, a group of peers worth examining would be IOSP, DOGZ, ORGO, SNN, and BRC.
  • Visit MGIC's SEC page to see the company's official filings. To visit the company's web site, go to www.magicsoftware.com.

MGIC Valuation Summary

  • MGIC's EV/EBIT ratio is 15.6; this is 21.61% lower than that of the median Technology stock.
  • Over the past 243 months, MGIC's price/earnings ratio has gone up 29.1.

Below are key valuation metrics over time for MGIC.

Stock Date P/S P/B P/E EV/EBIT
MGIC 2023-01-31 1.4 3.2 22.4 15.6
MGIC 2023-01-30 1.4 3.1 21.7 15.1
MGIC 2023-01-27 1.4 3.1 22.2 15.4
MGIC 2023-01-26 1.4 3.1 22.2 15.4
MGIC 2023-01-25 1.5 3.3 23.0 16.0
MGIC 2023-01-24 1.5 3.3 23.0 16.0

MGIC Growth Metrics

    Its 3 year net cashflow from operations growth rate is now at 20.55%.
  • The 2 year cash and equivalents growth rate now stands at 44.38%.
  • Its year over year cash and equivalents growth rate is now at 13.41%.
Over the past 70 months, MGIC's revenue has gone up $351,002,000.

The table below shows MGIC's growth in key financial areas (numbers in millions of US dollars).

Date Revenue Operating Cash Flow Net Income to Common Stock
2022-09-30 552.648 41.192 35.647
2022-06-30 529.555 25.432 31.627
2022-03-31 511.732 33.113 31.407
2021-12-31 480.325 40.493 25.306
2021-09-30 451.896 45.114 29.331
2021-06-30 425.918 52.257 28.919

MGIC's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.
  • MGIC has a Quality Grade of C, ranking ahead of 63.8% of graded US stocks.
  • MGIC's asset turnover comes in at 0.871 -- ranking 154th of 563 Business Services stocks.
  • 500 - Internal server error

The table below shows MGIC's key quality metrics over time.

Period Asset Turnover Gross Margin ROIC
2020-12-31 0.871 0.295 0.258
2019-12-31 0.849 0.314 0.238
2018-12-31 0.807 0.312 0.256
2017-12-31 0.784 0.321 0.261
2016-12-31 0.725 0.339 0.232
2015-12-31 0.759 0.357 0.425

MGIC Price Target

For more insight on analysts targets of MGIC, see our MGIC price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.

Average Price Target $22.00 Average Broker Recommendation 1.33 (Strong Buy)

MGIC Stock Price Chart Interactive Chart >

Price chart for MGIC

MGIC Price/Volume Stats

Current price $17.45 52-week high $20.24
Prev. close $17.49 52-week low $14.01
Day low $17.25 Volume 11,400
Day high $17.48 Avg. volume 12,783
50-day MA $16.33 Dividend yield 3.32%
200-day MA $16.87 Market Cap 856.32M

Magic Software Enterprises Ltd. (MGIC) Company Bio


Magic Software Enterprises Ltd. provides proprietary application development, business process integration, and vertical software solutions and related professional services. The company was founded in 1983 and is based in Or Yehuda, Israel.


MGIC Latest News Stream


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Latest MGIC News From Around the Web

Below are the latest news stories about MAGIC SOFTWARE ENTERPRISES LTD that investors may wish to consider to help them evaluate MGIC as an investment opportunity.

Are Investors Undervaluing Magic Software Enterprises (MGIC) Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Yahoo | January 13, 2023

Those who invested in Magic Software Enterprises (NASDAQ:MGIC) five years ago are up 113%

Stock pickers are generally looking for stocks that will outperform the broader market. Buying under-rated businesses...

Yahoo | January 10, 2023

Is DecisionPoint Systems (DPSI) Stock Undervalued Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Yahoo | January 3, 2023

Magic Software Enterprises Third Quarter 2022 Earnings: Revenues Beat Expectations, EPS In Line

Magic Software Enterprises ( NASDAQ:MGIC ) Third Quarter 2022 Results Key Financial Results Revenue: US$144.0m (up 19...

Yahoo | November 16, 2022

Magic Software (MGIC) Q3 Earnings and Revenues Top Estimates

Magic Software (MGIC) delivered earnings and revenue surprises of 3.70% and 9.31%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Yahoo | November 14, 2022

Read More 'MGIC' Stories Here

MGIC Price Returns

1-mo 10.37%
3-mo 18.71%
6-mo -10.10%
1-year -5.70%
3-year 70.31%
5-year 134.47%
YTD 8.91%
2022 -21.27%
2021 37.01%
2020 63.06%
2019 32.73%
2018 -5.90%

MGIC Dividends

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