Magic Software Financials
| MGK Stock | EUR 11.00 0.60 5.77% |
Magic |
Understanding current and past Magic Software Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Magic Software's financial statements are interrelated, with each one affecting the others. For example, an increase in Magic Software's assets may result in an increase in income on the income statement.
Magic Software Stock Summary
Magic Software competes with Synopsys, Superior Plus, NMI Holdings, Origin Agritech, and SIVERS SEMICONDUCTORS. Magic Software Enterprises Ltd. provides proprietary application development, business process integration, vertical software solutions, and IT outsourcing software services in Israel and internationally. Magic Software Enterprises Ltd. was founded in 1983 and is headquartered in Or Yehuda, Israel. MAGIC SOFTWARE operates under Software - Application classification in Germany and is traded on Frankfurt Stock Exchange. It employs 2226 people.| Foreign Associate | USA |
| Instrument | Germany Stock View All |
| Exchange | Frankfurt Exchange |
| ISIN | IL0010823123 |
| Business Address | Terminal Center, Or |
| Sector | Technology |
| Industry | Software - Application |
| Benchmark | Dow Jones Industrial |
| Website | www.magicsoftware.com |
| Phone | 972 3 538 9292 |
| Currency | EUR - Euro |
You should never invest in Magic Software without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Magic Stock, because this is throwing your money away. Analyzing the key information contained in Magic Software's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Magic Software Key Financial Ratios
There are many critical financial ratios that Magic Software's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Magic Software Enter reports annually and quarterly.| Return On Equity | 0.15 | |||
| Return On Asset | 0.0809 | |||
| Target Price | 22.0 | |||
| Beta | 1.15 | |||
| Z Score | 17.4 |
Magic Financial Ratios Relationships
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 considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about 0.55 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Magic Software Enterprises is roughly 1.83 . 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 ten with a total number of output elements of fifty-one. 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 Software investing theme. 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. Software, software systems, and software services. Companies that develop and distribute software and software systems to individuals or business
This theme covers Software, software systems, and software services. Companies that develop and distribute software and software systems to individuals or business. Get More Thematic Ideas
| Software | View |
Magic Software November 30, 2024 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.
| Downside Deviation | 2.07 | |||
| Information Ratio | 0.0485 | |||
| Maximum Drawdown | 11.87 | |||
| Value At Risk | (3.43) | |||
| Potential Upside | 5.05 |
Complementary Tools for Magic Stock analysis
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.
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