Magic Software Enterprises Ltd.

NasdaqGS:MGIC Stock Report

Market Cap: US$536.2m

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 20% 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 Growth17.3%
Revenue growth rate12.5%
Return on equity13.2%
Net Margin6.5%
Last Earnings Update30 Sep 2024

Recent past performance updates

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

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?

Magic Software Enterprises (NASDAQ:MGIC) Has More To Do To Multiply In Value Going Forward

Mar 31
Magic Software Enterprises (NASDAQ:MGIC) Has More To Do To Multiply In Value Going Forward

Revenue & Expenses Breakdown

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


Earnings and Revenue History

NasdaqGS:MGIC 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: MGIC has high quality earnings.

Growing Profit Margin: MGIC'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: MGIC's earnings have grown significantly by 20.1% per year over the past 5 years.

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

Earnings vs Industry: MGIC had negative earnings growth (-8.8%) over the past year, making it difficult to compare to the Software industry average (25.2%).


Return on Equity

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


Return on Assets


Return on Capital Employed


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