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Magic Software Enterprises DB:MGK Stock Report

Last Price

€11.20

Market Cap

€560.0m

7D

-2.6%

1Y

28.7%

Updated

20 Dec, 2024

Data

Company Financials +

Magic Software Enterprises Ltd.

DB:MGK Stock Report

Market Cap: €560.0m

MGK Stock Overview

Provides proprietary application development, vertical software solutions, business process integration, information technologies (IT) outsourcing software services, and cloud-based services in Israel and internationally. More details

MGK fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance2/6
Financial Health5/6
Dividends4/6

Rewards

Price-To-Earnings ratio (17x) is below the Software industry average (22.8x)

Earnings are forecast to grow 7.95% per year

Trading at good value compared to peers and industry

Risk Analysis

Unstable dividend track record


My Notes

Capture your thoughts, links and company narrative

Magic Software Enterprises Ltd. Competitors

Mensch und Maschine Software

XTRA:MUM

€904.0m

USU Software

HMSE:OSP2

€215.8m

TeamViewer

XTRA:TMV

€1.4b

Fabasoft

XTRA:FAA

€186.0m

Price History & Performance

Summary of share price highs, lows and changes for Magic Software Enterprises
Historical stock prices
Current Share PriceUS$11.20
52 Week HighUS$12.20
52 Week LowUS$8.35
Beta1.1
1 Month Change10.89%
3 Month Change12.00%
1 Year Change28.74%
3 Year Change-37.08%
5 Year Change32.54%
Change since IPO478.81%

Recent News & Updates

Recent updates

Shareholder Returns

MGKDE SoftwareDE Market
7D-2.6%-1.9%-2.6%
1Y28.7%66.1%7.1%

Return vs Industry: MGK underperformed the German Software industry which returned 66.1% over the past year.

Return vs Market: MGK exceeded the German Market which returned 7.1% over the past year.

Price Volatility

Is MGK's price volatile compared to industry and market?
MGK volatility
MGK Average Weekly Movement5.2%
Software Industry Average Movement5.0%
Market Average Movement4.9%
10% most volatile stocks in DE Market11.6%
10% least volatile stocks in DE Market2.5%

Stable Share Price: MGK has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: MGK's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19833,628Guy Bernsteinwww.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. Its Software Services segment develops, markets, sells, and supports application platform, software applications, and business and process integration solutions and related services. The company’s 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

How do Magic Software Enterprises's earnings and revenue compare to its market cap?
MGK fundamental statistics
Market cap€559.98m
Earnings (TTM)€33.30m
Revenue (TTM)€513.21m

17.0x

P/E Ratio

1.1x

P/S Ratio

Is MGK overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MGK income statement (TTM)
RevenueUS$535.48m
Cost of RevenueUS$383.30m
Gross ProfitUS$152.18m
Other ExpensesUS$117.44m
EarningsUS$34.74m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.71
Gross Margin28.42%
Net Profit Margin6.49%
Debt/Equity Ratio21.6%

How did MGK perform over the long term?

See historical performance and comparison

Dividends

3.7%

Current Dividend Yield

62%

Payout Ratio

Does MGK pay a reliable dividends?

See MGK dividend history and benchmarks
When do you need to buy MGK by to receive an upcoming dividend?
Magic Software Enterprises dividend dates
Ex Dividend DateDec 23 2024
Dividend Pay DateJan 08 2025
Days until Ex dividend2 days
Days until Dividend pay date18 days

Does MGK pay a reliable dividends?

See MGK dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 00:18
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Magic Software Enterprises Ltd. is covered by 6 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Tavy RosnerBarclays
Kevin DedeH.C. Wainwright & Co.
Bradley SillsMaxim Group