NASDAQ: MGICMagic Software Enterprises Ltd Stock
$11.58-0.03 (-0.26%)
Updated Apr 25, 2024
MGIC Price
$11.58
Fair Value Price
$19.03
Market Cap
$568.57M
52 Week Low
$8.15
52 Week High
$14.82
P/E
15.44x
P/B
2.14x
P/S
0.89x
PEG
1.52x
Dividend Yield
2.82%
Revenue
$535.05M
Earnings
$37.03M
Gross Margin
28.6%
Operating Margin
9.59%
Profit Margin
6.9%
Debt to Equity
0.88
Operating Cash Flow
$78M
Beta
0.81
Next Earnings
Apr 29, 2024
Ex-Dividend
N/A
Next Dividend
N/A
MGIC Overview
Magic Software Enterprises Ltd. provides proprietary application development, business process integration, vertical software solutions, and information technologies (IT) outsourcing software 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. The company offers proprietary application platforms, such as Magic xpa for developing and deploying business applications; AppBuilder for building, deploying, and maintaining high-end and mainframe-grade business applications; Magic xpi for application integration; FactoryEye for virtualization of production data; BusinessEye for organizational business intelligence; and Magic SmartUX for cross-platform mobile business applications. It also provides vertical software solutions comprising Clicks, a software solution for healthcare providers; Leap, a software solution for business support systems; Hermes Cargo, a packaged software solution for managing air cargo ground handling; HR Pulse, a single-tenant software as a service tool; MBS Solution, a system for managing TV broadcast management; Nativ, a system for management of rehabilitation centers; and Mobisale, a system for sales and distribution field activities for consumer goods manufacturers and wholesalers. In addition, the company provides software maintenance, support, training, and consulting services. The company was formerly known as Mashov Software Export (1983) Ltd. and changed its name to Magic Software Enterprises Ltd. in 1991. Magic Software Enterprises Ltd. was incorporated in 1983 and is headquartered in Or Yehuda, Israel.
Zen Score
–
Industry Average (31)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how MGIC scored across 38 valuation, financial, forecast, performance, and dividend due diligence checks.
Due Diligence Checks
MGIC ($11.58) is undervalued by 39.14% relative to our estimate of its Fair Value price of $19.03 based on Discounted Cash Flow (DCF) modelling, but does not have a significant margin of safety
Below Fair Value Valuation
MGIC ($11.58) is significantly undervalued by 39.14% relative to our estimate of its Fair Value price of $19.03 based on Discounted Cash Flow (DCF) modelling, which includes a healthy margin of safety
Significantly Below Fair Value Valuation
MGIC ($11.58) is trading above... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
There are 35 more MGIC due diligence checks available for Premium users.
Be the first to know about important MGIC news, forecast changes, insider trades & much more!
MGIC News
Valuation
MGIC fair value
Fair Value of MGIC stock based on Discounted Cash Flow (DCF)
Price
$11.58
Fair Value
$19.03
Undervalued by
39.14%
MGIC ($11.58) is undervalued by... subscribe to Premium to read more.
Below Fair Value Valuation
MGIC ($11.58) is significantly undervalued... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
MGIC ($11.58) is trading above... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
MGIC price to earnings (PE)
For valuing profitable companies with steady earnings
Company
15.44x
Industry
23.51x
Market
40.97x
MGIC is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
MGIC is good value based... subscribe to Premium to read more.
P/E vs Market Valuation
MGIC price to book (PB)
For valuing companies that are loss-making or have lots of physical asset
Company
2.14x
Industry
4.51x
MGIC is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation
MGIC price to earnings growth (PEG)
For valuing profitable companies with growth potential
MGIC is poor value relative... subscribe to Premium to read more.
PEG Value Valuation
MGIC's financial health
Profit margin
Revenue
$125.5M
Net Income
$8.5M
Profit Margin
6.8%
MGIC's Earnings (EBIT) of $51.29M... subscribe to Premium to read more.
Interest Coverage Financials
MGIC's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials
Assets to liabilities
Assets
$524.4M
Liabilities
$233.5M
Debt to equity
0.88
MGIC's short-term assets ($257.33M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
MGIC's short-term assets ($257.33M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
MGIC's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
MGIC's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials
Cash flow
Operating
$12.4M
Investing
-$3.5M
Financing
-$11.0M
MGIC's operating cash flow ($77.94M)... subscribe to Premium to read more.
Debt Coverage Financials
MGIC vs Information Technology Service Stocks
Magic Software Enterprises Stock FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterWallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.