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Magic Software Enterprises Ltd MGIC

Morningstar Rating
$11.58 −0.03 (0.26%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

MGIC is trading within a range we consider fairly valued.
Price
$11.82
Fair Value
$23.55
Uncertainty
Very High
1-Star Price
$54.90
5-Star Price
$7.73
Economic Moat
Kpff
Capital Allocation
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News

Trading Information

Previous Close Price
$11.61
Day Range
$11.5011.69
52-Week Range
$8.1514.82
Bid/Ask
$11.00 / $11.99
Market Cap
$568.57 Mil
Volume/Avg
50,690 / 61,509

Key Statistics

Price/Earnings (Normalized)
10.75
Price/Sales
1.02
Dividend Yield (Trailing)
5.41%
Dividend Yield (Forward)
5.65%
Total Yield
5.41%

Company Profile

Magic Software Enterprises Ltd is a software development company. The company's operating segment includes Software Services and IT Professional Services. It generates maximum revenue from the IT Professional Services segment. IT Professional Services segment offers advanced and flexible IT services in the areas of infrastructure design and delivery, application development, technology planning and implementation services, communications services and solutions, as well as supplemental outsourcing services. Geographically, it derives a majority of revenue from the United States and also has a presence in Israel; Europe; Japan, and Other countries.
Sector
Technology
Industry
Information Technology Services
Stock Style Box
Small Core
Total Number of Employees
4,161

Comparables

Valuation

Metric
MGIC
MTRX
FORTY
Price/Earnings (Normalized)
10.7520.2416.14
Price/Book Value
2.284.721.94
Price/Sales
1.020.930.46
Price/Cash Flow
8.1510.75
Price/Earnings
MGIC
MTRX
FORTY

Financial Strength

Metric
MGIC
MTRX
FORTY
Quick Ratio
1.761.061.37
Current Ratio
1.761.171.41
Interest Coverage
11.085.489.46
Quick Ratio
MGIC
MTRX
FORTY

Profitability

Metric
MGIC
MTRX
FORTY
Return on Assets (Normalized)
9.92%6.70%6.04%
Return on Equity (Normalized)
19.77%27.40%29.18%
Return on Invested Capital (Normalized)
14.31%13.20%9.27%
Return on Assets
MGIC
MTRX
FORTY
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Capital Allocation
Economic Moat
Market Cap
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FIS
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CTSH
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GIB
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BR
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