Magic Software Enterprises Stock Cash Per Share
MGIC Stock | USD 10.99 0.07 0.64% |
Magic Software Enterprises fundamentals help investors to digest information that contributes to Magic Software's financial success or failures. It also enables traders to predict the movement of Magic Stock. The fundamental analysis module provides a way to measure Magic Software's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Magic Software stock.
Last Reported | Projected for Next Year | ||
Cash Per Share | 2.17 | 2.28 |
Magic | Cash Per Share |
Magic Software Enterprises Company Cash Per Share Analysis
Magic Software's Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Current Magic Software Cash Per Share | 1.88 X |
Most of Magic Software's fundamental indicators, such as Cash Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Magic Software Enterprises is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Magic Cash Per Share Driver Correlations
Understanding the fundamental principles of building solid financial models for Magic Software is extremely important. It helps to project a fair market value of Magic Stock properly, considering its historical fundamentals such as Cash Per Share. Since Magic Software's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Magic Software's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Magic Software's interrelated accounts and indicators.
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Magic Cash Per Share Historical Pattern
Today, most investors in Magic Software Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Magic Software's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's cash per share growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Magic Software cash per share as a starting point in their analysis.
Magic Software Cash Per Share |
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Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
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Magic Common Stock Shares Outstanding
Common Stock Shares Outstanding |
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In accordance with the recently published financial statements, Magic Software Enterprises has a Cash Per Share of 1.88 times. This is 46.59% lower than that of the Software sector and 57.66% lower than that of the Information Technology industry. The cash per share for all United States stocks is 62.48% higher than that of the company.
Magic Cash Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Magic Software's direct or indirect competition against its Cash Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Magic Software could also be used in its relative valuation, which is a method of valuing Magic Software by comparing valuation metrics of similar companies.Magic Software is currently under evaluation in cash per share category among its peers.
Magic Software Current Valuation Drivers
We derive many important indicators used in calculating different scores of Magic Software from analyzing Magic Software's financial statements. These drivers represent accounts that assess Magic Software's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Magic Software's important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 478.2M | 767.3M | 1.0B | 786.4M | 475.7M | 499.5M | |
Enterprise Value | 433.9M | 728.6M | 1.0B | 783.1M | 478.5M | 502.4M |
Magic Software ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Magic Software's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Magic Software's managers, analysts, and investors.Environmental | Governance | Social |
Magic Fundamentals
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 | ||||
Price To Book | 1.93 X | ||||
Price To Sales | 1.03 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 | ||||
Short Ratio | 0.70 X | ||||
Earnings Per Share | 0.70 X | ||||
Price To Earnings To Growth | 1.08 X | ||||
Target Price | 15.0 | ||||
Number Of Employees | 3.63 K | ||||
Beta | 1.08 | ||||
Market Capitalization | 539.6 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 | ||||
Annual Yield | 0.04 % | ||||
Five Year Return | 2.67 % | ||||
Net Asset | 522.41 M |
About Magic Software Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Magic Software Enterprises's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Magic Software using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Magic Software Enterprises based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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 Magic Software Piotroski F Score and Magic Software Altman Z Score analysis. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
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.