Is Magic Software Stock a Good Investment?
Magic Software Investment Advice | MGIC |
- Examine Magic Software's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Magic Software's leadership team and their track record. Good management can help Magic Software navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Application Software space and any emerging trends that could impact Magic Software's business and its evolving consumer preferences.
- Compare Magic Software's performance and market position to its competitors. Analyze how Magic Software is positioned in terms of product offerings, innovation, and market share.
- Check if Magic Software pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Magic Software's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Magic Software Enterprises stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Magic Software Enterprises is a good investment.
Sell | Buy |
Hold
Market Performance | OK | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Examine Magic Software Stock
Researching Magic Software's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 47.0% of the company outstanding shares are owned by corporate insiders. The book value of Magic Software was now reported as 5.42. The company has Price/Earnings To Growth (PEG) ratio of 1.08. Magic Software Enter last dividend was issued on the 27th of June 2024. The entity had 3:1 split on the 14th of February 2000.
To determine if Magic Software is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Magic Software's research are outlined below:
| Magic Software Enter has a strong financial position based on the latest SEC filings | |
| About 47.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Magic Software Enterprises Ltd. Short Interest Update - MarketBeat |
Magic Software Quarterly Long Term Debt |
|
Magic Software uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Magic Software Enterprises. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Magic Software's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 14th of March 2024 Upcoming Quarterly Report | View | |
| 16th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 14th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Magic Software's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Magic Software's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2012-08-08 | 2012-06-30 | 0.1 | 0.11 | 0.01 | 10 | ||
2000-11-06 | 2000-09-30 | 0.05 | 0.04 | -0.01 | 20 | ||
1997-05-15 | 1997-03-31 | -0.04 | -0.03 | 0.01 | 25 | ||
2007-02-26 | 2006-12-31 | 0.02 | 9.0E-4 | -0.0191 | 95 | ||
2021-03-08 | 2020-12-31 | 0.19 | 0.21 | 0.02 | 10 | ||
2020-11-16 | 2020-09-30 | 0.17 | 0.19 | 0.02 | 11 | ||
2020-08-13 | 2020-06-30 | 0.15 | 0.17 | 0.02 | 13 | ||
2020-03-09 | 2019-12-31 | 0.15 | 0.13 | -0.02 | 13 |
Know Magic Software's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Magic Software is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Magic Software Enterprises backward and forwards among themselves. Magic Software's institutional investor refers to the entity that pools money to purchase Magic Software's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Nuveen Asset Management, Llc | 2024-09-30 | 73 K | Eagle Global Advisors, Llc | 2024-09-30 | 72.8 K | Yelin Lapidot Holdings Management Ltd | 2024-09-30 | 62.1 K | Geode Capital Management, Llc | 2024-09-30 | 55.5 K | Swiss National Bank | 2024-09-30 | 53.4 K | Ghp Investment Advisors, Inc. | 2024-09-30 | 48.6 K | Marshall Wace Asset Management Ltd | 2024-03-30 | 40.8 K | Tidal Investments Llc. | 2024-09-30 | 28.9 K | Ubs Asset Mgmt Americas Inc | 2024-09-30 | 27.9 K | Clal Insurance Enterprises Holdings Ltd | 2024-09-30 | 3.4 M | Phoenix Financial Ltd | 2024-09-30 | 680.2 K |
Magic Software's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 640.12 M.Market Cap |
|
Magic Software's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.12 | 0.11 | |
| Return On Capital Employed | 0.15 | 0.14 | |
| Return On Assets | 0.06 | 0.07 | |
| Return On Equity | 0.14 | 0.13 |
Determining Magic Software's profitability involves analyzing its financial statements and using various financial metrics to determine if Magic Software is a good buy. For example, gross profit margin measures Magic Software's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Magic Software's profitability and make more informed investment decisions.
Please note, the presentation of Magic Software's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Magic Software's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Magic Software's management manipulating its earnings.
Evaluate Magic Software's management efficiency
Magic Software Enter 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 Assets is expected to grow to 0.07, whereas Return On Tangible Assets are forecasted to decline to 0.11. 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 12.5 M, whereas Non Currrent Assets Other are projected to grow to (0.85).| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 5.30 | 5.57 | |
| Tangible Book Value Per Share | 1.35 | 1.22 | |
| Enterprise Value Over EBITDA | 6.73 | 12.09 | |
| Price Book Value Ratio | 2.07 | 2.49 | |
| Enterprise Value Multiple | 6.73 | 12.09 | |
| Price Fair Value | 2.07 | 2.49 | |
| Enterprise Value | 433.1 M | 223.6 M |
The operational strategies employed by Magic Software management play a crucial role in its market positioning. Assessing these strategies alongside financial data helps us evaluate the stock's investment potential.
Basic technical analysis of Magic Stock
As of the 31st of January, Magic Software secures the Mean Deviation of 1.84, downside deviation of 1.93, and Risk Adjusted Performance of 0.0956. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Magic Software Enter, as well as the relationship between them.Magic Software's Outstanding Corporate Bonds
Magic Software issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Magic Software Enter uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Magic bonds can be classified according to their maturity, which is the date when Magic Software Enterprises has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| BNP Paribas FRN Corp BondUSF1R15XK367 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View |
Understand Magic Software's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Magic Software's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0956 | |||
| Market Risk Adjusted Performance | 8.07 | |||
| Mean Deviation | 1.84 | |||
| Semi Deviation | 1.75 | |||
| Downside Deviation | 1.93 | |||
| Coefficient Of Variation | 935.92 | |||
| Standard Deviation | 2.32 | |||
| Variance | 5.38 | |||
| Information Ratio | 0.0638 | |||
| Jensen Alpha | 0.2352 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0767 | |||
| Treynor Ratio | 8.06 | |||
| Maximum Drawdown | 10.13 | |||
| Value At Risk | (3.11) | |||
| Potential Upside | 4.59 | |||
| Downside Variance | 3.72 | |||
| Semi Variance | 3.05 | |||
| Expected Short fall | (2.20) | |||
| Skewness | 0.5382 | |||
| Kurtosis | (0.08) |
| Risk Adjusted Performance | 0.0956 | |||
| Market Risk Adjusted Performance | 8.07 | |||
| Mean Deviation | 1.84 | |||
| Semi Deviation | 1.75 | |||
| Downside Deviation | 1.93 | |||
| Coefficient Of Variation | 935.92 | |||
| Standard Deviation | 2.32 | |||
| Variance | 5.38 | |||
| Information Ratio | 0.0638 | |||
| Jensen Alpha | 0.2352 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0767 | |||
| Treynor Ratio | 8.06 | |||
| Maximum Drawdown | 10.13 | |||
| Value At Risk | (3.11) | |||
| Potential Upside | 4.59 | |||
| Downside Variance | 3.72 | |||
| Semi Variance | 3.05 | |||
| Expected Short fall | (2.20) | |||
| Skewness | 0.5382 | |||
| Kurtosis | (0.08) |
Consider Magic Software's intraday indicators
Magic Software intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Magic Software stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 1137.36 | |||
| Daily Balance Of Power | (0.05) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 13.0 | |||
| Day Typical Price | 12.93 | |||
| Price Action Indicator | (0.20) | |||
| Period Momentum Indicator | (0.02) |
Magic Software Corporate Filings
6K | 18th of November 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
13A | 15th of October 2024 An amended filing to the original Schedule 13G | ViewVerify |
13A | 1st of May 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
| 29th of April 2024 Other Reports | ViewVerify |
Magic Stock media impact
Far too much social signal, news, headlines, and media speculation about Magic Software that are available to investors today. That information is available publicly through Magic media outlets and privately through word of mouth or via Magic internal channels. However, regardless of the origin, that massive amount of Magic data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Magic Software news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Magic Software relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Magic Software's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Magic Software alpha.
Magic Software Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Magic Software can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Magic Software Corporate Management
| Yael Ilan | Chief Solutions | Profile | |
| Idan Faingold | Chief Ltd | Profile | |
| Asaf CPA | Chief Officer | Profile | |
| Karin Netzer | Chief Officer | Profile |
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 Money Managers module to screen money managers from public funds and ETFs managed around the world.
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 | Quarterly Revenue Growth (0.08) | Return On Assets |
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.
In summary, please note that there is a difference between Magic Software's value and its price, as these two are different measures arrived at by various 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.