Magic Software Enterprises Ltd.

DB:MGK Stock Report

Market Cap: €560.0m

Magic Software Enterprises Past Earnings Performance

Past criteria checks 2/6

Magic Software Enterprises has been growing earnings at an average annual rate of 20.1%, while the Software industry saw earnings growing at 7.2% annually. Revenues have been growing at an average rate of 12.5% per year. Magic Software Enterprises's return on equity is 13.2%, and it has net margins of 6.5%.

Key information

20.1%

Earnings growth rate

20.1%

EPS growth rate

Software Industry Growth14.9%
Revenue growth rate12.5%
Return on equity13.2%
Net Margin6.5%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Magic Software Enterprises makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

DB:MGK Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 24535358311
31 Mar 24523368311
31 Dec 23535378510
30 Sep 23557388910
30 Jun 23571439010
31 Mar 23571418610
31 Dec 22567408410
30 Sep 2255332799
30 Jun 2253028759
31 Mar 2251227739
31 Dec 2148030699
30 Sep 2145228689
30 Jun 2142628669
31 Mar 2139326619
31 Dec 2037124599
30 Sep 2035816608
30 Jun 2034814618
31 Mar 2033913629
31 Dec 1932613608
30 Sep 1930718568
30 Jun 1929318517
31 Mar 1928619506
31 Dec 1828418516
30 Sep 1827819526
30 Jun 1827218527
31 Mar 1826716527
31 Dec 1725815507
30 Sep 1724712487
30 Jun 1723612477
31 Mar 1721812446
31 Dec 1620212416
30 Sep 1619415405
30 Jun 1618516385
31 Mar 1618016375
31 Dec 1517616365
30 Sep 1517115375
30 Jun 1516615375
31 Mar 1516415365
31 Dec 1416416385
30 Sep 1416317384
30 Jun 1415817384
31 Mar 1415217384
31 Dec 1314516364

Quality Earnings: MGK has high quality earnings.

Growing Profit Margin: MGK's current net profit margins (6.5%) are lower than last year (6.8%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: MGK's earnings have grown significantly by 20.1% per year over the past 5 years.

Accelerating Growth: MGK's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: MGK had negative earnings growth (-8.8%) over the past year, making it difficult to compare to the Software industry average (10.6%).

Return on Equity

High ROE: MGK's Return on Equity (13.2%) is considered low.

Return on Assets

Return on Capital Employed

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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