Magic Dividend Yield vs Capex To Revenue Analysis
MGIC Stock | USD 11.95 0.71 6.32% |
Magic Software financial indicator trend analysis is infinitely more than just investigating Magic Software Enter recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Magic Software Enter is a good investment. Please check the relationship between Magic Software Dividend Yield and its Capex To Revenue accounts. 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.
Dividend Yield vs Capex To Revenue
Dividend Yield vs Capex To Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Magic Software Enter Dividend Yield account and Capex To Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Magic Software's Dividend Yield and Capex To Revenue is -0.48. Overlapping area represents the amount of variation of Dividend Yield that can explain the historical movement of Capex To Revenue in the same time period over historical financial statements of Magic Software Enterprises, assuming nothing else is changed. The correlation between historical values of Magic Software's Dividend Yield and Capex To Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividend Yield of Magic Software Enterprises are associated (or correlated) with its Capex To Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Revenue has no effect on the direction of Dividend Yield i.e., Magic Software's Dividend Yield and Capex To Revenue go up and down completely randomly.
Correlation Coefficient | -0.48 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Dividend Yield
Dividend Yield is Magic Software Enterprises dividend as a percentage of Magic Software stock price. Magic Software Enter dividend yield is a measure of Magic Software stock productivity, which can be interpreted as interest rate earned on an Magic Software investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Capex To Revenue
The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.Most indicators from Magic Software's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Magic Software Enter current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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. The current year's Enterprise Value is expected to grow to about 502.4 M, whereas Selling General Administrative is forecasted to decline to about 21.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 133.0M | 155.4M | 145.0M | 152.2M | Total Revenue | 480.3M | 566.8M | 535.1M | 561.8M |
Magic Software fundamental ratios Correlations
Click cells to compare fundamentals
Magic Software Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Magic Software fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 407.5M | 443.3M | 492.0M | 511.0M | 522.4M | 548.5M | |
Other Current Liab | 36.3M | 43.4M | 74.9M | 103.1M | 66.4M | 69.7M | |
Total Current Liabilities | 66.9M | 84.8M | 106.3M | 132.6M | 141.7M | 148.8M | |
Total Stockholder Equity | 247.8M | 260.4M | 265.2M | 263.7M | 266.0M | 279.3M | |
Property Plant And Equipment Net | 18.6M | 30.5M | 30.2M | 36.5M | 33.7M | 35.4M | |
Net Debt | (44.3M) | (38.7M) | (26.0M) | (3.3M) | 2.8M | 2.9M | |
Retained Earnings | 28.4M | 39.7M | 43.2M | 86.3M | 92.5M | 97.1M | |
Accounts Payable | 11.0M | 14.3M | 24.7M | 27.6M | 28.4M | 29.8M | |
Cash | 81.9M | 88.1M | 88.1M | 83.1M | 105.9M | 111.2M | |
Non Current Assets Total | 202.4M | 232.1M | 245.3M | 260.0M | 265.8M | 279.1M | |
Non Currrent Assets Other | 4.0M | 4.7M | 3.6M | 2.3M | (2.0) | (1.9) | |
Cash And Short Term Investments | 95.5M | 89.7M | 94.8M | 87.0M | 106.7M | 112.0M | |
Net Receivables | 109.5M | 114.7M | 145.7M | 155.2M | 139.6M | 146.5M | |
Common Stock Shares Outstanding | 49.0M | 49.0M | 49.1M | 49.1M | 49.1M | 35.1M | |
Liabilities And Stockholders Equity | 407.5M | 443.3M | 492.0M | 511.0M | 522.4M | 548.5M | |
Non Current Liabilities Total | 54.0M | 64.5M | 79.7M | 73.1M | 89.8M | 94.3M | |
Inventory | (3.7M) | (1.1M) | (1.2M) | 1.0 | (6.9M) | 1.05 | |
Other Current Assets | 7.6M | 10.5M | 11.0M | 11.0M | 10.4M | 10.9M | |
Other Stockholder Equity | 218.6M | 211.7M | 184.0M | 182.0M | 182.6M | 125.9M | |
Total Liab | 120.9M | 149.3M | 185.9M | 205.7M | 231.5M | 243.0M | |
Total Current Assets | 205.1M | 211.2M | 246.8M | 251.0M | 256.6M | 269.5M | |
Short Long Term Debt Total | 37.6M | 49.4M | 62.1M | 79.8M | 108.7M | 114.2M | |
Short Term Debt | 10.9M | 18.4M | 20.4M | 25.3M | 33.3M | 35.0M | |
Intangible Assets | 51.1M | 53.4M | 51.4M | 52.1M | 50.7M | 36.0M | |
Common Stock | 1.2M | 1.2M | 1.2M | 1.2M | 1.3M | 995.2K | |
Accumulated Other Comprehensive Income | (324K) | 7.8M | 9.3M | (6.6M) | (10.3M) | (9.8M) | |
Other Liab | 24.5M | 34.1M | 36.6M | 18.5M | 21.3M | 22.3M | |
Current Deferred Revenue | 8.7M | 8.8M | 10.8M | 10.9M | 13.5M | 14.2M | |
Other Assets | 12.1M | 16.6M | 16.9M | 13.3M | 15.3M | 16.1M | |
Long Term Debt | 15.5M | 13.4M | 22.2M | 30.4M | 52.3M | 54.9M | |
Good Will | 117.7M | 135.7M | 146.8M | 158.7M | 166.1M | 174.4M | |
Property Plant Equipment | 18.3M | 30.3M | 30.2M | 36.5M | 42.0M | 44.1M | |
Common Stock Total Equity | 1.0M | 1.2M | 1.2M | 1.2M | 1.3M | 1.0M | |
Property Plant And Equipment Gross | 18.6M | 30.5M | 30.2M | 36.5M | 49.2M | 51.6M | |
Short Term Investments | 13.6M | 1.5M | 6.7M | 3.9M | 751K | 713.5K | |
Net Tangible Assets | 78.7M | 71.2M | 67.1M | 53.5M | 48.1M | 57.4M | |
Short Long Term Debt | 7.1M | 11.5M | 15.0M | 20.7M | 28.9M | 30.4M |
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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 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.