Udi Ertel - Magic Software President of Software Solutions Division

MGIC Stock  ILA 4,108  11.00  0.27%   

President

Mr. Udi Ertel serves as President Software Solutions division at Magic Software Enterprises Ltd. since 2013. His work experience includes the following roles Vice President of Sales Distribution at the Company, Vice President Operations and Global Services at the Company, Chief Executive Officer of a Subsidiary of the Company Ltd. 2004January 2009 and Chief Executive Officer at Complot Ltd. . He holds a BS degree in Computer Science and Mathematics Tel Aviv University. since 2013.
Age 58
Tenure 11 years
Phone(972) 3 538 9243
Webwww.magicsoftware.com
Ertel holds a BSc degree in Computer Science and Mathematics from the Tel Aviv University in Israel and has completed all coursework towards an MBA at the same university.

Magic Software Management Efficiency

The company has return on total asset (ROA) of 0.0809 % which means that it generated a profit of $0.0809 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.148 %, meaning that it generated $0.148 on every $100 dollars invested by stockholders. Magic Software's management efficiency ratios could be used to measure how well Magic Software manages its routine affairs as well as how well it operates its assets and liabilities.
Magic Software Enterprises has accumulated 22.17 M in total debt with debt to equity ratio (D/E) of 0.27, which may suggest the company is not taking enough advantage from borrowing. Magic Software Enter has a current ratio of 2.26, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Magic Software until it has trouble settling it off, either with new capital or with free cash flow. So, Magic Software's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Magic Software Enter sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Magic to invest in growth at high rates of return. When we think about Magic Software's use of debt, we should always consider it together with cash and equity.

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Magic Software Enterprises Ltd. provides proprietary application development, business process integration, vertical software solutions, and information technologies outsourcing software services in Israel and internationally. Magic Software Enterprises Ltd. was incorporated in 1983 and is headquartered in Or Yehuda, Israel. MAGIC SOFTWARE operates under Information Technology Services classification in Israel and is traded on Tel Aviv Stock Exchange. It employs 3677 people. Magic Software Enterprises (MGIC) is traded on Tel Aviv Stock Exchange in Israel and employs 3,677 people.

Management Performance

Magic Software Enter Leadership Team

Elected by the shareholders, the Magic Software's board of directors comprises two types of representatives: Magic Software inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Magic. The board's role is to monitor Magic Software's management team and ensure that shareholders' interests are well served. Magic Software's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Magic Software's outside directors are responsible for providing unbiased perspectives on the board's policies.
Yakov Tsaroya, Chief Executive Officer - Coretech Consulting Services and Fusion Solutions
Yuval Baruch, Chief Executive Officer - Hermes Logistics
Naamit Salomon, Director
Sagi Schliesser, Independent Director
Avi Zakay, Director
Karin Netzer, Chief Officer
Amit Birk, Vice President of Mergers & Acquisitions, General Counsel & Corporate Secretary
Arik Faingold, President of Integration Solutions Division
Arik Kilman, President - AppBuilder Software Solutions division
Yuval Lavi, Vice President - Technology and innovation of Software Solutions division
Hanan MBA, Chief Ltd
Udi Ertel, President of Software Solutions Division
Uzi Yaari, Chief Executive Officer - Complete Business Solutions
Hanan Shahaf, Chief Executive Officer - Roshtov Software Industries Ltd
Guy Bernstein, Chief Executive Officer, Director
Ron Ettlinger, Independent Director
Asaf Berenstin, Chief Financial Officer

Magic Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Magic Software a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

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Additional Information and Resources on Investing in Magic Stock

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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magic Software Enterprises. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
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.