Magic Software Financials
| MGIC Stock | ILA 4,500 49.00 1.08% |
Magic |
Please note, the presentation of Magic Software's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Magic Software's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Magic Software's management manipulating its earnings.
Magic Software Stock Summary
Magic Software competes with Sapiens International, AudioCodes, Matrix, Tower Semiconductor, and Nova. Magic Software Enterprises Ltd. provides proprietary application development, business process integration, vertical software solutions, and information technologies outsourcing software services in Israel and internationally. Magic Software Enterprises Ltd. was incorporated in 1983 and is headquartered in Or Yehuda, Israel. MAGIC SOFTWARE operates under Information Technology Services classification in Israel and is traded on Tel Aviv Stock Exchange. It employs 3677 people.| Foreign Associate | USA |
| Instrument | Israel Stock View All |
| Exchange | Tel Aviv Stock Exchange |
| ISIN | IL0010823123 |
| Business Address | Terminal Center, 1 |
| Sector | Technology |
| Industry | Information Technology Services |
| Benchmark | Dow Jones Industrial |
| Website | www.magicsoftware.com |
| Phone | (972) 3 538 9243 |
| Currency | ILA |
You should never invest in Magic Software without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Magic Stock, because this is throwing your money away. Analyzing the key information contained in Magic Software's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Magic Software Key Financial Ratios
Magic Software's financial ratios allow both analysts and investors to convert raw data from Magic Software's financial statements into concise, actionable information that can be used to evaluate the performance of Magic Software over time and compare it to other companies across industries.| Return On Equity | 0.15 | |||
| Return On Asset | 0.0809 | |||
| Beta | 1.15 | |||
| Z Score | 78.6 | |||
| Last Dividend Paid | 0.51 |
Magic Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Magic Software's current stock value. Our valuation model uses many indicators to compare Magic Software value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Magic Software competition to find correlations between indicators driving Magic Software's intrinsic value. More Info.Magic Software Enterprises is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about 0.55 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Magic Software Enterprises is roughly 1.83 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Magic Software by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Magic Software's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Magic Software Enter Systematic Risk
Magic Software's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Magic Software volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Magic Software Enter correlated with the market. If Beta is less than 0 Magic Software generally moves in the opposite direction as compared to the market. If Magic Software Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Magic Software Enter is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Magic Software is generally in the same direction as the market. If Beta > 1 Magic Software moves generally in the same direction as, but more than the movement of the benchmark.
Magic Software Thematic Clasifications
Magic Software Enterprises is part of several thematic ideas from IT to Software. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasMagic Software February 26, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Magic Software help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Magic Software Enterprises. We use our internally-developed statistical techniques to arrive at the intrinsic value of Magic Software Enterprises based on widely used predictive technical indicators. In general, we focus on analyzing Magic Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Magic Software's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.83 | |||
| Information Ratio | 0.0504 | |||
| Maximum Drawdown | 10.56 | |||
| Value At Risk | (3.13) | |||
| Potential Upside | 3.71 |
Complementary Tools for Magic Stock analysis
When running Magic Software's price analysis, check to measure Magic Software's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Magic Software is operating at the current time. Most of Magic Software's value examination focuses on studying past and present price action to predict the probability of Magic Software's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magic Software's price. Additionally, you may evaluate how the addition of Magic Software to your portfolios can decrease your overall portfolio volatility.
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