-0.16%
6.40%
14.18%
18.74%
28.13%
-33.47%
17.43%
AI Spotlight on MGIC
Company Description
Magic Software Enterprises Ltd.provides proprietary application development, business process integration, vertical software solutions, and information technologies (IT) outsourcing software services in Israel and internationally.The company's Software Services segment develops, markets, sells, and supports application platform, software applications, and business and process integration solutions and related services.
Its IT Professional Services segment offers IT services in the areas of infrastructure design and delivery, application development, technology planning and implementation services, communications services and solutions, and supplemental outsourcing services.The company offers proprietary application platforms, such as Magic xpa for developing and deploying business applications; AppBuilder for building, deploying, and maintaining high-end and mainframe-grade business applications; Magic xpi for application integration; FactoryEye for virtualization of production data; BusinessEye for organizational business intelligence; and Magic SmartUX for cross-platform mobile business applications.It also provides vertical software solutions comprising Clicks, a software solution for healthcare providers; Leap, a software solution for business support systems; Hermes Cargo, a packaged software solution for managing air cargo ground handling; HR Pulse, a single-tenant software as a service tool; MBS Solution, a system for managing TV broadcast management; Nativ, a system for management of rehabilitation centers; and Mobisale, a system for sales and distribution field activities for consumer goods manufacturers and wholesalers.
In addition, the company provides software maintenance, support, training, and consulting services.The company was formerly known as Mashov Software Export (1983) Ltd.and changed its name to Magic Software Enterprises Ltd.
in 1991.Magic Software Enterprises Ltd.was incorporated in 1983 and is headquartered in Or Yehuda, Israel.
Market Data
| Last Price | 12.8 |
| Change Percentage | -0.16% |
| Open | 13.11 |
| Previous Close | 12.82 |
| Market Cap ( Millions) | 628 |
| Volume | 38241 |
| Year High | 13.4 |
| Year Low | 9.51 |
| M A 50 | 12.04 |
| M A 200 | 11.3 |
Financial Ratios
| FCF Yield | 7.51% |
| Dividend Yield | 3.44% |
| ROE | 12.79% |
| Debt / Equity | 33.05% |
| Net Debt / EBIDTA | -8.40% |
| Price To Book | 2.25 |
| Price Earnings Ratio | 18.09 |
| Price To FCF | 13.32 |
| Price To sales | 1.17 |
| EV / EBITDA | 7.91 |
News
- Jan -28 - MGIC Investment Corporation Announces Quarterly Dividend of $0.13 Per Share
- Jan -27 - MGIC Investment Stock Near 52-Week High: What Should Investors Do?
- Jan -06 - MGIC Investment Corporation Schedules 4th Quarter 2024 Earnings Call
- Nov -27 - MGIC Investment Stock Rises 35.3% YTD: More Room for Growth?
- Nov -18 - Magic Software Enterprises Ltd. (MGIC) Q3 2024 Earnings Call Transcript
- Nov -18 - Magic Software (MGIC) Misses Q3 Earnings Estimates
- Nov -18 - Magic Software Reports Third Quarter and First Nine Months Period Ended September 30, 2024 Financial Results
- Nov -05 - MGIC Investment Q3 Earnings Surpass Estimates on Higher Revenues
- Nov -05 - MGIC Investment Q3: Home Prices Limit Potential Losses, But Hold Due To Valuation Concerns
- Nov -04 - MGIC Investment Corporation Reports Third Quarter 2024 Results
- Oct -24 - MGIC Investment Corporation Announces Quarterly Dividend of $0.13 Per Share
- Oct -11 - Magic Software: Compelling Value Despite Israel's Geopolitical Risks
- Oct -07 - MGIC Investment Corporation Schedules 3rd Quarter 2024 Earnings Call
- Sep -20 - AM Best Upgrades Credit Ratings of Operating Subsidiaries of MGIC Investment Corporation
- Aug -21 - MGIC Comments on the Recently Adopted PMIERs Updates
- Aug -14 - Magic Software (MGIC) Q2 Earnings and Revenues Beat Estimates
- Aug -14 - Magic Software Reports Second Quarter and First Half 2024 Financial Results
- Jul -31 - MGIC Investment Corporation Reports Second Quarter 2024 Results
- Jul -25 - MGIC Investment Corporation Announces an Increase to Quarterly Dividend
- Jul -22 - Magic Software to Announce 2024 Second Quarter Financial Results on August 14th, 2024
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Information Technologies Professional Services
Expected Growth : 4 %
What the company do ?
Magic Software's Information Technologies Professional Services provide customized IT consulting, implementation, and integration services to help businesses optimize their operations and improve efficiency.
Why we expect these perspectives ?
Magic Software Enterprises Ltd.'s Information Technologies Professional Services segment growth is driven by increasing demand for digital transformation, cloud adoption, and cybersecurity services. The company's expertise in integration, IoT, and AI solutions also contributes to its growth. Additionally, the rising need for IT consulting and implementation services, particularly among SMBs, fuels the segment's expansion.
Segment n°2 -> Software Services
Expected Growth : 6 %
What the company do ?
Magic Software Enterprises Ltd.'s Software Services provide a range of solutions for application development, integration, and deployment, enabling businesses to automate and optimize their operations.
Why we expect these perspectives ?
Magic Software Enterprises Ltd.'s 6% growth in Software Services is driven by increasing demand for digital transformation, adoption of cloud-based solutions, and growing need for integration and API management. Additionally, the company's focus on innovation, customer-centric approach, and strategic partnerships contribute to its growth momentum.
Magic Software Enterprises Ltd. Products
| Product Range | What is it ? |
|---|---|
| Magic xpi Integration Platform | A code-free, metadata-driven integration platform that enables users to integrate disparate systems, applications, and data sources. |
| Magic xpa Application Platform | A low-code, metadata-driven application development platform that enables users to build, deploy, and maintain business applications. |
| Magic AppBuilder | A low-code, visual development environment that enables users to build, deploy, and maintain mobile and web applications. |
| Magic Endpoint | A cloud-based API management platform that enables users to manage, secure, and analyze APIs. |
| Magic EDI | An electronic data interchange (EDI) solution that enables users to exchange business documents electronically. |
Magic Software Enterprises Ltd.'s Porter Forces
Threat Of Substitutes
The threat of substitutes for Magic Software Enterprises Ltd. is medium, as there are some alternative software solutions available in the market, but they are not highly attractive to customers.
Bargaining Power Of Customers
The bargaining power of customers for Magic Software Enterprises Ltd. is low, as customers have limited options and the company has a strong brand presence.
Bargaining Power Of Suppliers
The bargaining power of suppliers for Magic Software Enterprises Ltd. is medium, as the company relies on a few key suppliers, but they do not have a high level of bargaining power.
Threat Of New Entrants
The threat of new entrants for Magic Software Enterprises Ltd. is high, as the software industry is highly competitive and new companies can easily enter the market.
Intensity Of Rivalry
The intensity of rivalry for Magic Software Enterprises Ltd. is high, as the company operates in a highly competitive market with many established players.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 23.98% |
| Debt Cost | 9.55% |
| Equity Weight | 76.02% |
| Equity Cost | 9.55% |
| WACC | 9.55% |
| Leverage | 31.54% |
Magic Software Enterprises Ltd. : Quality Control
Magic Software Enterprises Ltd. passed 6 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| COK.DE | CANCOM SE, together with its subsidiaries, offers information technology (IT) infrastructure and services in Germany and internationally. The company operates in two segments, Cloud Solutions and IT Solutions. The Cloud … |
| DOM.MC | Global Dominion Access, S.A. provides multi-technical services and specialized engineering solutions in Spain and internationally. The company engages in the provision of operation and maintenance services for industries, and infrastructures … |
| CMR.WA | Comarch S.A. designs, implements, and integrates IT solutions worldwide. It offers Internet of Things (IoT) solutions for telecommunication industry. The company also provides small business and corporate banking, mobile banking, … |
| SNC.LS | Sonaecom, S.G.P.S., S.A., together with its subsidiaries, operates in technology, media, and telecommunications sectors worldwide. The company provides consultancy services in the area of information systems; develops management platforms and … |
| A1OS.DE | All for One Group SE, together with its subsidiaries, provides business software solutions for SAP, Microsoft, and IBM in Germany, Switzerland, Austria, Luxemburg, Italy, and internationally. It operates through CORE … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Magic Software
A-Score
1-Year Total Return ->
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Global Dominion Access
A-Score
1-Year Total Return ->
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All for One
A-Score
1-Year Total Return ->
4
Comarch
A-Score
1-Year Total Return ->
5
Sonaecom
A-Score
1-Year Total Return ->
6
