MGIC 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 | 4/6 |
| Future Growth | 0/6 |
| 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$44.00 |
| 52 Week High | US$53.05 |
| 52 Week Low | US$29.45 |
| Beta | 1.15 |
| 1 Month Change | -0.45% |
| 3 Month Change | 8.70% |
| 1 Year Change | -4.97% |
| 3 Year Change | -17.62% |
| 5 Year Change | 30.18% |
| Change since IPO | 197.30% |
Recent News & Updates
Recent updates
Shareholder Returns
| MGIC | IL Software | IL Market | |
|---|---|---|---|
| 7D | -0.9% | -2.3% | -0.7% |
| 1Y | -5.0% | 16.2% | 10.4% |
Return vs Industry: MGIC underperformed the IL Software industry which returned 12.3% over the past year.
Return vs Market: MGIC underperformed the IL Market which returned 8.3% over the past year.
Price Volatility
| MGIC volatility | |
|---|---|
| MGIC Average Weekly Movement | 5.3% |
| Software Industry Average Movement | 6.5% |
| Market Average Movement | 4.4% |
| 10% most volatile stocks in IL Market | 8.4% |
| 10% least volatile stocks in IL Market | 3.1% |
Stable Share Price: MGIC has not had significant price volatility in the past 3 months.
Volatility Over Time: MGIC's weekly volatility (5%) 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
| MGIC fundamental statistics | |
|---|---|
| Market cap | ₪2.17b |
| Earnings (TTM) | ₪140.55m |
| Revenue (TTM) | ₪2.03b |
15.2x
P/E Ratio1.1x
P/S RatioIs MGIC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MGIC 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 MGIC perform over the long term?
See historical performance and comparison