NASDAQ: MGIC
Magic Software Enterprises Ltd Stock

$13.88+0.16 (+1.17%)
Updated Mar 14, 2025
MGIC Price
$13.88
Fair Value Price
$16.15
Market Cap
$681.50M
52 Week Low
$9.51
52 Week High
$14.04
P/E
18.51x
P/B
2.46x
P/S
1.07x
PEG
0.71x
Dividend Yield
1.47%
Revenue
$552.52M
Earnings
$36.88M
Gross Margin
28.4%
Operating Margin
9.86%
Profit Margin
6.7%
Debt to Equity
0.86
Operating Cash Flow
$75M
Beta
0.83
Next Earnings
May 14, 2025
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 Rating

Our proven quant model uses 115 proprietary factors, including AI, to determine MGIC's potential to beat the market

AStrong Buy
  • Stocks with a Zen Rating of Strong Buy (A) had an average return of +32.52% per year. Learn More

Zen Rating Component Grades

B
Zen Rating uses advanced AI algorithms that detect subtle patterns in market data; it anticipates future trends that point to superior stock price results.

Industry: Information Technology Service

Industry Rating
A
MGIC
Ranked
#2 of 60

Top Ranked Stocks in Industry

View Top Information Technology Service Stocks

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MGIC News

Overview

Due Diligence Score

Industry Average (36)
You've viewed Due Diligence 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 ($13.88) is undervalued by 14.06% relative to our estimate of its Fair Value price of $16.15 based on Discounted Cash Flow (DCF) modelling, but does not have a significant margin of safety
Below Fair Value Valuation
MGIC ($13.88) is not significantly undervalued (14.06%) relative to our estimate of its Fair Value price of $16.15 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
MGIC ($13.88) 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.

Valuation

MGIC fair value

Fair Value of MGIC stock based on Discounted Cash Flow (DCF)

Price
$13.88
Fair Value
$16.15
Undervalued by
14.06%
MGIC ($13.88) is undervalued by... subscribe to Premium to read more.
Below Fair Value Valuation
MGIC ($13.88) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
MGIC ($13.88) 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
18.51x
Industry
28.61x
Market
3,446.57x
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
2.46x
Industry
5.09x
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 good value based... subscribe to Premium to read more.
PEG Value Valuation

MGIC's financial health

Profit margin

Revenue
$142.6M
Net Income
$10.6M
Profit Margin
7.4%
MGIC's Earnings (EBIT) of $54.45M... 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
$540.3M
Liabilities
$239.3M
Debt to equity
0.86
MGIC's short-term assets ($276.20M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
MGIC's short-term assets ($276.20M) 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
$25.6M
Investing
-$494.0k
Financing
-$11.4M
MGIC's operating cash flow ($74.69M)... subscribe to Premium to read more.
Debt Coverage Financials

MGIC vs Information Technology Service Stocks

TickerZen RatingMarket Cap1d %P/EP/B
MGICA$681.50M+1.17%18.51x2.46x
XRXC$725.38M-0.17%-0.54x0.67x
HCKTA$783.43M+0.11%26.10x6.78x
CTLPB$563.10M+2.53%38.55x2.96x
CNDTD$506.53M+2.96%1.37x0.60x

Magic Software Enterprises Stock FAQ

What is Magic Software Enterprises's quote symbol?

(NASDAQ: MGIC) Magic Software Enterprises trades on the NASDAQ under the ticker symbol MGIC. Magic Software Enterprises stock quotes can also be displayed as NASDAQ: MGIC.

If you're new to stock investing, here's how to buy Magic Software Enterprises stock.

What is the 52 week high and low for Magic Software Enterprises (NASDAQ: MGIC)?

(NASDAQ: MGIC) Magic Software Enterprises's 52-week high was $14.04, and its 52-week low was $9.51. It is currently -1.14% from its 52-week high and 45.95% from its 52-week low.

How much is Magic Software Enterprises stock worth today?

(NASDAQ: MGIC) Magic Software Enterprises currently has 49,099,305 outstanding shares. With Magic Software Enterprises stock trading at $13.88 per share, the total value of Magic Software Enterprises stock (market capitalization) is $681.50M.

Magic Software Enterprises stock was originally listed at a price of $1.35 in Dec 31, 1997. If you had invested in Magic Software Enterprises stock at $1.35, your return over the last 27 years would have been 925.11%, for an annualized return of 9% (not including any dividends or dividend reinvestments).

How much is Magic Software Enterprises's stock price per share?

(NASDAQ: MGIC) Magic Software Enterprises stock price per share is $13.88 today (as of Mar 14, 2025).

What is Magic Software Enterprises's Market Cap?

(NASDAQ: MGIC) Magic Software Enterprises's market cap is $681.50M, as of Mar 18, 2025.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Magic Software Enterprises's market cap is calculated by multiplying MGIC's current stock price of $13.88 by MGIC's total outstanding shares of 49,099,305.
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