Magic Cost Of Revenue from 2010 to 2024

MGIC Stock  USD 12.58  0.63  5.27%   
Magic Software's Cost Of Revenue is increasing over the years with slightly volatile fluctuation. Overall, Cost Of Revenue is expected to go to about 401.2 M this year. During the period from 2010 to 2024 Magic Software Cost Of Revenue annual values regression line had geometric mean of  119,233,596 and mean square error of 1033.9 T. View All Fundamentals
 
Cost Of Revenue  
First Reported
1996-03-31
Previous Quarter
97.4 M
Current Value
103.3 M
Quarterly Volatility
30.9 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Magic Software financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Magic Software's main balance sheet or income statement drivers, such as Depreciation And Amortization of 21.6 M, Interest Expense of 9.7 M or Total Revenue of 561.8 M, as well as many indicators such as Price To Sales Ratio of 0.84, Dividend Yield of 0.038 or PTB Ratio of 2.49. Magic financial statements analysis is a perfect complement when working with Magic Software Valuation or Volatility modules.
  
Check out the analysis of Magic Software Correlation against competitors.

Latest Magic Software's Cost Of Revenue Growth Pattern

Below is the plot of the Cost Of Revenue of Magic Software Enterprises over the last few years. Cost of Revenue is found on Magic Software Enter income statement and represents the costs associated with goods and services Magic Software provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities. It is Magic Software's Cost Of Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Magic Software's overall financial position and show how it may be relating to other accounts over time.
Cost Of Revenue10 Years Trend
Slightly volatile
   Cost Of Revenue   
       Timeline  

Magic Cost Of Revenue Regression Statistics

Arithmetic Mean198,073,083
Geometric Mean119,233,596
Coefficient Of Variation67.93
Mean Deviation111,822,100
Median175,161,000
Standard Deviation134,553,089
Sample Variance18104.5T
Range410.9M
R-Value0.97
Mean Square Error1033.9T
R-Squared0.95
Slope29,278,399
Total Sum of Squares253463.5T

Magic Cost Of Revenue History

2024401.2 M
2023382.1 M
2022411.4 M
2021347.3 M
2020261.6 M
2019223.5 M
2018195.6 M

About Magic Software Financial Statements

Magic Software stakeholders use historical fundamental indicators, such as Magic Software's Cost Of Revenue, to determine how well the company is positioned to perform in the future. Although Magic Software investors may analyze each financial statement separately, they are all interrelated. For example, changes in Magic Software's assets and liabilities are reflected in the revenues and expenses on Magic Software's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Magic Software Enterprises. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cost Of Revenue382.1 M401.2 M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Magic Software Enter offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Magic Software's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Magic Software Enterprises Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Magic Software Enterprises Stock:
Check out the analysis of Magic Software Correlation against competitors.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Magic Software. If investors know Magic will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Magic Software listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.10)
Earnings Share
0.7
Revenue Per Share
10.659
Quarterly Revenue Growth
(0.08)
Return On Assets
0.0673
The market value of Magic Software Enter is measured differently than its book value, which is the value of Magic that is recorded on the company's balance sheet. Investors also form their own opinion of Magic Software's value that differs from its market value or its book value, called intrinsic value, which is Magic Software's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Magic Software's market value can be influenced by many factors that don't directly affect Magic Software's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Magic Software's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magic Software is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magic Software's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.