Yakov Tsaroya - Magic Software CEO
| MGIC Stock | USD 10.99 0.07 0.64% |
CEO
Mr. Yakov Tsaroya serves as Chief Executive Officer of a whollyowned Subsidiary of Magic Software Enterprises Ltd. since 2006. The Subsidiary is called CoreTech Consulting Group LLC. Additionally, he serves as Chief Executive Officer of two additional whollyowned Subsidiaries Fusion Solutions LLC and Xsell Resources Inc. since 2010 since 2006.
| Age | 54 |
| Tenure | 18 years |
| Address | Terminal Center, Or Yehuda, Israel, 6037501 |
| Phone | 972 3 538 9292 |
| Web | https://www.magicsoftware.com |
Magic Software Management Efficiency
The company has return on total asset (ROA) of 0.0673 % which means that it generated a profit of $0.0673 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1438 %, meaning that it created $0.1438 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. The current year's Return On Tangible Assets is expected to grow to 0.13. The current year's Return On Capital Employed is expected to grow to 0.16. At present, Magic Software's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Other Current Assets is expected to grow to about 10.9 M, whereas Non Currrent Assets Other are projected to grow to (1.90).Similar Executives
| Found 4 records | CEO Age | ||
| Guy Bernstein | Formula Systems 1985 | 56 | |
| Theodore CPA | ASGN Inc | 56 | |
| Jack JD | Innodata | 63 | |
| Victor Dellovo | CSP Inc | 54 | |
Management Performance
| Return On Equity | 0.14 | ||||
| Return On Asset | 0.0673 |
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, CEO - Coretech Consulting Services and Fusion Solutions | ||
| Yuval Baruch, CEO - Hermes Logistics | ||
| Yael Ilan, Chief Solutions | ||
| Guy CPA, CEO Director | ||
| Idan Faingold, Chief Ltd | ||
| Asaf CPA, Chief Officer | ||
| Karin Netzer, Chief Officer | ||
| Amit Birk, VP of Mergers and Acquisitions, General Counsel and Corporate Secretary | ||
| Arik Faingold, President of Integration Solutions Division | ||
| Arik Kilman, President of AppBuilder Solutions Division | ||
| Yuval Lavi, Vice Innovation | ||
| Hanan MBA, Chief Ltd | ||
| Eli Schwartz, Chief Ltd | ||
| Guy Bernstein, CEO and Director | ||
| Eric Choppe, Managing Europe | ||
| Asaf Berenstin, Chief 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.
| Return On Equity | 0.14 | ||||
| Return On Asset | 0.0673 | ||||
| Profit Margin | 0.07 % | ||||
| Operating Margin | 0.11 % | ||||
| Current Valuation | 532.9 M | ||||
| Shares Outstanding | 49.1 M | ||||
| Shares Owned By Insiders | 47.09 % | ||||
| Shares Owned By Institutions | 25.91 % | ||||
| Number Of Shares Shorted | 17.03 K | ||||
| Price To Earning | 35.52 X |
Also Currently Popular
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 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 gross domestic product. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
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.