MGK Stock Overview
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.
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 1/6 |
| Past Performance | 2/6 |
| Financial Health | 5/6 |
| Dividends | 4/6 |
Magic Software Enterprises Ltd. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$10.60 |
| 52 Week High | US$13.00 |
| 52 Week Low | US$7.40 |
| Beta | 1.15 |
| 1 Month Change | 2.91% |
| 3 Month Change | 11.58% |
| 1 Year Change | -9.40% |
| 3 Year Change | -19.08% |
| 5 Year Change | 31.58% |
| Change since IPO | 447.80% |
Recent News & Updates
Recent updates
Shareholder Returns
| MGK | DE Software | DE Market | |
|---|---|---|---|
| 7D | 1.0% | 3.2% | 1.1% |
| 1Y | -9.4% | 36.4% | 1.9% |
Return vs Industry: MGK underperformed the German Software industry which returned 38.3% over the past year.
Return vs Market: MGK underperformed the German Market which returned 2% over the past year.
Price Volatility
| MGK volatility | |
|---|---|
| MGK Average Weekly Movement | 6.0% |
| Software Industry Average Movement | 5.5% |
| Market Average Movement | 4.9% |
| 10% most volatile stocks in DE Market | 10.2% |
| 10% least volatile stocks in DE Market | 2.5% |
Stable Share Price: MGK has not had significant price volatility in the past 3 months.
Volatility Over Time: MGK's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1983 | 4,161 | Guy Bernstein | www.magicsoftware.com |
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.
Magic Software Enterprises Ltd. Fundamentals Summary
| MGK fundamental statistics | |
|---|---|
| Market cap | €533.05m |
| Earnings (TTM) | €34.54m |
| Revenue (TTM) | €499.04m |
15.8x
P/E Ratio1.1x
P/S RatioIs MGK overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MGK income statement (TTM) | |
|---|---|
| Revenue | US$535.05m |
| Cost of Revenue | US$382.07m |
| Gross Profit | US$152.99m |
| Other Expenses | US$115.96m |
| Earnings | US$37.03m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.75 |
| Gross Margin | 28.59% |
| Net Profit Margin | 6.92% |
| Debt/Equity Ratio | 27.9% |
How did MGK perform over the long term?
See historical performance and comparison