Based on the measurements of operating efficiency obtained from Magic Software's historical financial statements, Magic Software Enterprises is doing better financially today then in previous quarter. It has a moderate chance of reporting better financial numbers in March. At present, Magic Software's Other Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 171.1 M, whereas Non Currrent Assets Other are projected to grow to (0.85). Key indicators impacting Magic Software's financial strength include:
The financial analysis of Magic Software is a critical element in measuring its lifeblood. Investors should not minimize Magic Software's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.
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 Hackett, CSP, Nayax, Formula Systems, and IBEX. 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 the United States and is traded on NASDAQ Exchange. It employs 3677 people.
Foreign Associate
Israel
Specialization
Information Technology, Information Technology Services
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 regarded fifth in return on equity category among its peers. It also is regarded fifth in return on asset category among its peers reporting about 0.50 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Magic Software Enterprises is roughly 2.00 . At present, Magic Software's Return On Equity is projected to increase slightly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Magic Software's earnings, one of the primary drivers of an investment's value.
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 fourteen with a total number of output elements of fourty-seven. 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 Business Services to Israel Wall Street. 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 Ideas
Today, most investors in Magic Software Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Magic Software's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Magic Software growth as a starting point in their analysis.
Price Earnings To Growth Ratio
(1.29)
At present, Magic Software's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.
Magic 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.
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.