Magic Software Enterprises Ltd.

NasdaqGS:MGIC Stock Report

Market Cap: US$612.8m

Magic Software Enterprises Management

Management criteria checks 2/4

Magic Software Enterprises' CEO is Guy Bernstein, appointed in Apr 2010, has a tenure of 14.67 years. directly owns 0.31% of the company’s shares, worth $1.87M. The average tenure of the management team and the board of directors is 12.3 years and 9.5 years respectively.

Key information

Guy Bernstein

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure14.7yrs
CEO ownership0.3%
Management average tenure12.3yrs
Board average tenure9.5yrs

Recent management updates

Recent updates

Magic Software Enterprises Ltd. Just Missed Earnings - But Analysts Have Updated Their Models

Nov 20
Magic Software Enterprises Ltd. Just Missed Earnings - But Analysts Have Updated Their Models

Magic Software: Near-Term Alpha, Long-Term Underperformance

Jul 05

The Bear's Case For Magic Software Enterprises

Apr 03

Investors Can Find Comfort In Magic Software Enterprises' (NASDAQ:MGIC) Earnings Quality

Mar 20
Investors Can Find Comfort In Magic Software Enterprises' (NASDAQ:MGIC) Earnings Quality

Is It Too Late To Consider Buying Magic Software Enterprises Ltd. (NASDAQ:MGIC)?

Mar 15
Is It Too Late To Consider Buying Magic Software Enterprises Ltd. (NASDAQ:MGIC)?

Is It Too Late To Consider Buying Magic Software Enterprises Ltd. (NASDAQ:MGIC)?

Nov 10
Is It Too Late To Consider Buying Magic Software Enterprises Ltd. (NASDAQ:MGIC)?

Is Magic Software Enterprises (NASDAQ:MGIC) Using Too Much Debt?

Oct 26
Is Magic Software Enterprises (NASDAQ:MGIC) Using Too Much Debt?

Magic Software Enterprises (NASDAQ:MGIC) Will Pay A Larger Dividend Than Last Year At $0.327

Aug 28
Magic Software Enterprises (NASDAQ:MGIC) Will Pay A Larger Dividend Than Last Year At $0.327

Is There Now An Opportunity In Magic Software Enterprises Ltd. (NASDAQ:MGIC)?

Jul 26
Is There Now An Opportunity In Magic Software Enterprises Ltd. (NASDAQ:MGIC)?

Should You Think About Buying Magic Software Enterprises Ltd. (NASDAQ:MGIC) Now?

Mar 15
Should You Think About Buying Magic Software Enterprises Ltd. (NASDAQ:MGIC) Now?

Is Now An Opportune Moment To Examine Magic Software Enterprises Ltd. (NASDAQ:MGIC)?

Nov 04
Is Now An Opportune Moment To Examine Magic Software Enterprises Ltd. (NASDAQ:MGIC)?

Magic Software Enterprises (NASDAQ:MGIC) Could Easily Take On More Debt

Sep 01
Magic Software Enterprises (NASDAQ:MGIC) Could Easily Take On More Debt

Magic Software goes ex-dividend on Monday

Aug 26

Magic Software Q2 2022 Earnings Preview

Aug 10

Magic Software Continues To Create Revenue Platforms In Resilient Industries

May 15

Magic Software Enterprises (NASDAQ:MGIC) Is Increasing Its Dividend To US$0.22

Mar 05
Magic Software Enterprises (NASDAQ:MGIC) Is Increasing Its Dividend To US$0.22

Magic's Growth Strengthens Asseco Case, But Receivables Are Bloating

Mar 03

Magic Software Enterprises (NASDAQ:MGIC) Might Have The Makings Of A Multi-Bagger

Feb 24
Magic Software Enterprises (NASDAQ:MGIC) Might Have The Makings Of A Multi-Bagger

Does Magic Software Enterprises (NASDAQ:MGIC) Have A Healthy Balance Sheet?

Dec 28
Does Magic Software Enterprises (NASDAQ:MGIC) Have A Healthy Balance Sheet?

Magic Software Continues To Deliver Growth, But Consulting Model Exposed To Human Capital Risks

Dec 21

Should You Think About Buying Magic Software Enterprises Ltd. (NASDAQ:MGIC) Now?

Nov 03
Should You Think About Buying Magic Software Enterprises Ltd. (NASDAQ:MGIC) Now?

There's Been No Shortage Of Growth Recently For Magic Software Enterprises' (NASDAQ:MGIC) Returns On Capital

Oct 18
There's Been No Shortage Of Growth Recently For Magic Software Enterprises' (NASDAQ:MGIC) Returns On Capital

Magic Software Enterprises: Benefits From Durable M&A, Digitalization And Logistics Strength

Sep 12

Magic Software Enterprises' (NASDAQ:MGIC) Shareholders Will Receive A Bigger Dividend Than Last Year

Aug 15
Magic Software Enterprises' (NASDAQ:MGIC) Shareholders Will Receive A Bigger Dividend Than Last Year

We Think Magic Software Enterprises (NASDAQ:MGIC) Can Manage Its Debt With Ease

Aug 13
We Think Magic Software Enterprises (NASDAQ:MGIC) Can Manage Its Debt With Ease

Magic Software EPS beats by $0.01, beats on revenue

May 10

Here's How We Evaluate Magic Software Enterprises Ltd.'s (NASDAQ:MGIC) Dividend

May 04
Here's How We Evaluate Magic Software Enterprises Ltd.'s (NASDAQ:MGIC) Dividend

At US$16.05, Is It Time To Put Magic Software Enterprises Ltd. (NASDAQ:MGIC) On Your Watch List?

Apr 12
At US$16.05, Is It Time To Put Magic Software Enterprises Ltd. (NASDAQ:MGIC) On Your Watch List?

CEO

Guy Bernstein (56 yo)

14.7yrs

Tenure

Mr. Guy Bernstein is the Chief Executive Officer of Magic Software Enterprises Ltd. since April 2010 and has been its Director since January 01, 2007. Mr. Bernstein served as a member of our board of direc...


Leadership Team

NamePositionTenureCompensationOwnership
Arik Kilman
Chairman of Software Solutions Division7.9yrsUS$611.00kno data
Arik Faingold
President of Integration Solutions Division12.4yrsUS$1.98mno data
Yakov Tsaroya
Chief Executive Officer of Coretech Consulting Group LLC18.9yrsUS$1.55m0.0051%
$ 31.2k
Eli Schwartz
Chief Executive Officer of Comblack I.T. Ltd.15.3yrsUS$656.00kno data
Idan Faingold
Chief Executive Officer of CommIT Technology Solutions Ltd19.3yrsUS$1.95mno data
Guy Bernstein
CEO & Director14.7yrsno data0.31%
$ 1.9m
Asaf Berenstin
Chief Financial Officer14.7yrsUS$548.00k0.078%
$ 477.0k
Yuval Lavi
Vice President Technology & Innovation7.9yrsno datano data
Karin Netzer
Chief Marketing Officer4.9yrsno datano data
Yael Ilan
Chief Executive Officer of Complete Business Solutions1.9yrsno datano data
Eric Choppe
Managing Director of Southern Europe1.9yrsno datano data
Yuval Baruch
Chief Executive Officer of Hermes Logistics Technologies12.3yrsUS$451.83kno data

12.3yrs

Average Tenure

54.5yo

Average Age

Experienced Management: MGIC's management team is seasoned and experienced (12.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Guy Bernstein
CEO & Director17.9yrsno data0.31%
$ 1.9m
Naamit Salomon
Director21.8yrsno datano data
Sami Totah
Independent Director1.2yrsno datano data
Sagi Schliesser
Independent External Director9.1yrsno datano data
Ron Ettlinger
Independent External Director10yrsno datano data
Avi Zakay
Independent Director6.8yrsno datano data

9.5yrs

Average Tenure

56.5yo

Average Age

Experienced Board: MGIC's board of directors are considered experienced (9.5 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 08:55
End of Day Share Price 2024/12/18 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