Magic Software Enterprises Stock Performance
| MGIC Stock | USD 11.95 0.71 6.32% |
Magic Software has a performance score of 3 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.46, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Magic Software's returns are expected to increase less than the market. However, during the bear market, the loss of holding Magic Software is expected to be smaller as well. Magic Software Enter right now secures a risk of 1.99%. Please verify Magic Software Enterprises standard deviation, value at risk, kurtosis, as well as the relationship between the sortino ratio and semi variance , to decide if Magic Software Enterprises will be following its current price movements.
Risk-Adjusted Performance
3 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Magic Software Enterprises are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of rather sound forward indicators, Magic Software is not utilizing all of its potentials. The current stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
Actual Historical Performance (%)
One Day Return (1.49) | Five Day Return (0.06) | Year To Date Return 12.3 | Ten Year Return 54.65 | All Time Return 308.6 |
Forward Dividend Yield 0.0357 | Payout Ratio 0.217 | Last Split Factor 3:1 | Forward Dividend Rate 0.41 | Dividend Date 2025-01-08 |
1 | Long Term Trading Analysis for - Stock Traders Daily | 10/01/2024 |
2 | Returns At Magic Software Enterprises Are On The Way Up | 10/16/2024 |
3 | MGIC Investment Corporation Announces Quarterly Dividend of 0.13 Per Share | 10/24/2024 |
4 | MGIC Investment Corporation Reports Third Quarter 2024 Results | 11/04/2024 |
5 | Magic Software Reports Third Quarter and First Nine Months Period Ended September 30, 2024 Financial Results | 11/18/2024 |
6 | Magic Software Enterprises Ltd. Just Missed Earnings - But Analysts Have Updated Their Models | 11/20/2024 |
7 | Magic Softwares SWOT analysis stock resilience amid tech sector challenges | 11/25/2024 |
| Begin Period Cash Flow | 83.1 M |
Magic |
Magic Software Relative Risk vs. Return Landscape
If you would invest 1,080 in Magic Software Enterprises on August 29, 2024 and sell it today you would earn a total of 44.00 from holding Magic Software Enterprises or generate 4.07% return on investment over 90 days. Magic Software Enterprises is currently generating 0.0817% in daily expected returns and assumes 1.9935% risk (volatility on return distribution) over the 90 days horizon. In different words, 17% of stocks are less volatile than Magic, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Magic Software Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Magic Software's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Magic Software Enterprises, and traders can use it to determine the average amount a Magic Software's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.041
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| Cash | Small Risk | MGIC | High Risk | Huge Risk |
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Estimated Market Risk
| 1.99 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Magic Software is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Magic Software by adding it to a well-diversified portfolio.
Magic Software Fundamentals Growth
Magic Stock prices reflect investors' perceptions of the future prospects and financial health of Magic Software, and Magic Software fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Magic Stock performance.
| Return On Equity | 0.14 | ||||
| Return On Asset | 0.0673 | ||||
| Profit Margin | 0.07 % | ||||
| Operating Margin | 0.11 % | ||||
| Current Valuation | 539.82 M | ||||
| Shares Outstanding | 49.1 M | ||||
| Price To Earning | 35.52 X | ||||
| Price To Book | 1.98 X | ||||
| Price To Sales | 1.05 X | ||||
| Revenue | 535.05 M | ||||
| Gross Profit | 155.35 M | ||||
| EBITDA | 77.9 M | ||||
| Net Income | 37.03 M | ||||
| Cash And Equivalents | 92.32 M | ||||
| Cash Per Share | 1.88 X | ||||
| Total Debt | 108.72 M | ||||
| Debt To Equity | 0.27 % | ||||
| Current Ratio | 2.31 X | ||||
| Book Value Per Share | 5.42 X | ||||
| Cash Flow From Operations | 68.99 M | ||||
| Earnings Per Share | 0.70 X | ||||
| Market Capitalization | 551.88 M | ||||
| Total Asset | 522.41 M | ||||
| Retained Earnings | 92.52 M | ||||
| Working Capital | 114.93 M | ||||
| Current Asset | 135.3 M | ||||
| Current Liabilities | 28.36 M | ||||
About Magic Software Performance
By analyzing Magic Software's fundamental ratios, stakeholders can gain valuable insights into Magic Software's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Magic Software has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Magic Software has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | (7.06) | (6.70) | |
| Return On Tangible Assets | 0.12 | 0.13 | |
| Return On Capital Employed | 0.15 | 0.16 | |
| Return On Assets | 0.07 | 0.07 | |
| Return On Equity | 0.14 | 0.15 |
Things to note about Magic Software Enter performance evaluation
Checking the ongoing alerts about Magic Software for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Magic Software Enter help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Magic Software Enter is unlikely to experience financial distress in the next 2 years | |
| About 47.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from investing.com: Magic Softwares SWOT analysis stock resilience amid tech sector challenges |
- Analyzing Magic Software's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Magic Software's stock is overvalued or undervalued compared to its peers.
- Examining Magic Software's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Magic Software's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Magic Software's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Magic Software's stock. These opinions can provide insight into Magic Software's potential for growth and whether the stock is currently undervalued or overvalued.
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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