Magic Software (Germany) Today
| MGK Stock | EUR 10.60 0.40 3.92% |
Performance7 of 100
| Odds Of DistressLess than 9
|
Magic Software is trading at 10.60 as of the 27th of November 2024. This is a 3.92 percent increase since the beginning of the trading day. The stock's lowest day price was 10.6. Magic Software has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Magic Software Enterprises are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of February 2024 and ending today, the 27th of November 2024. Click here to learn more.
Magic Software Enterprises Ltd. provides proprietary application development, business process integration, vertical software solutions, and IT outsourcing software services in Israel and internationally. Magic Software Enterprises Ltd. was founded in 1983 and is headquartered in Or Yehuda, Israel. The company has 49.09 M outstanding shares. More on Magic Software Enterprises
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Magic Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Magic Software's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Magic Software or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Idea | Software (View all Themes) |
| Business Concentration | Software, Software - Application, Technology (View all Sectors) |
Magic Software Enterprises (MGK) is traded on Frankfurt Exchange in Germany and employs 3,677 people. The company currently falls under 'Small-Cap' category with a current market capitalization of 646.06 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Magic Software's market, we take the total number of its shares issued and multiply it by Magic Software's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Magic Software Enter classifies itself under Technology sector and is part of Software - Application industry. The entity has 49.09 M outstanding shares.
Magic Software Enterprises has accumulated about 107.29 M in cash with 37.81 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.19.
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Ownership AllocationMagic Software Enter maintains a total of 49.09 Million outstanding shares. Magic Software Enterprises holds significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Magic Software Enter Risk Profiles
Although Magic Software's alpha and beta are two of the key measurements used to evaluate Magic Software's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.55 | |||
| Semi Deviation | 1.6 | |||
| Standard Deviation | 2.14 | |||
| Variance | 4.6 |
Magic Stock Against Markets
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Our tools can tell you how much better you can do entering a position in Magic Software without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Magic Software Corporate Management
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 | Fusion LLC | Profile | |
| Yuval Baruch | Chief Technologies | Profile | |
| Karin Netzer | Chief Officer | Profile | |
| Arik Faingold | Pres Division | Profile | |
| Guy Bernstein | CEO Director | Profile | |
| Amit Birk | Gen Acquisitions | Profile | |
| Arik Kilman | Chairman Division | Profile |
Additional Information and Resources on Investing in Magic Stock
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 board of governors. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.