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Magic Software Enterprises Ltd. (MGIC)

Stock Price: $15.69 USD -0.09 (-0.57%)
Updated November 25, 4:00 PM EST - Market closed

Stock Price Chart

Key Info

Market Cap 768.45M
Revenue (ttm) 325.63M
Net Income (ttm) 20.27M
Shares Out 48.98M
EPS (ttm) 0.33
PE Ratio 47.55
Forward PE 19.65
Dividend $0.26
Dividend Yield 1.66%

Stock Quote

Trading Day November 25
Last Price $15.69
Previous Close $15.78
Change ($) -0.09
Change (%) -0.57%
Day's Open 15.75
Day's Range 15.60 - 15.84
Day's Volume 21,568
52-Week Range 6.31 - 16.87

More Stats

Market Cap 768.45M
Enterprise Value 710.51M
Earnings Date (est) Jan 29, 2021
Ex-Dividend Date Aug 26, 2020
Shares Outstanding 48.98M
Float 26.21M
EPS (basic) 0.26
EPS (diluted) 0.33
FCF / Share 0.83
Dividend $0.26
Dividend Yield 1.66%
Earnings Yield 2.10%
FCF Yield 5.26%
Payout Ratio 117.70%
Shares Short 17,750
Short Ratio 0.64
Short % of Float 0.07%
Beta 1.15
PE Ratio 47.55
Forward PE 19.65
P/FCF Ratio 19.01
PS Ratio 2.36
PB Ratio 3.12
Revenue 325.63M
Operating Income 33.65M
Net Income 20.27M
Free Cash Flow 40.43M
Net Cash 57.94M
Net Cash / Share 1.18
Gross Margin 28.56%
Operating Margin 10.33%
Profit Margin 6.20%
FCF Margin 12.41%
ROA 5.82%
ROE 10.23%
ROIC 23.80%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Forecasts

Analyst Ratings (3)

Buy 3
Overweight 0
Hold 0
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$17.25*
(9.94% upside)
Low
17.0
Current: $15.69
High
17.5
Target: 17.25
*Average 12-month price target from 2 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue32628425820217616414512611388.58
Revenue Growth14.51%10.16%28.02%14.55%7.14%13.35%14.7%11.52%27.94%-
Gross Profit10288.8282.9868.2662.8164.5859.0752.9946.0737.13
Operating Income33.6531.7025.9621.0921.4320.7319.1316.4114.729.34
Net Income20.2719.8815.4414.1716.2015.5215.8816.1815.049.38
Shares Outstanding48.8644.4944.3644.3444.1737.1636.6336.4935.9131.94
Earnings Per Share0.260.390.350.270.360.360.430.440.410.29
EPS Growth-33.33%11.43%29.63%-25%0%-16.28%-2.27%7.32%41.38%-
Dividend Per Share0.310.290.220.180.180.220.210.10-0.50
Dividend Growth7.37%32.56%22.86%-0.57%-18.14%2.38%110%---
Operating Cash Flow45.9524.0525.5127.9619.6218.1922.2822.9515.2414.40
Capital Expenditures-5.52-4.53-5.17-5.02-4.96-5.26-5.15-5.48-5.72-3.76
Free Cash Flow40.4319.5220.3422.9314.6612.9317.1317.479.5210.63
Cash & Equivalents95.5111490.9587.8276.6884.4335.9938.6332.1246.54
Total Debt37.5728.0537.5935.403.273.343.330.02-0.01
Net Cash / Debt57.9485.8753.3652.4273.4181.0932.6638.6132.1246.53
Assets405362343316240224167153136112
Liabilities14011412912046.7436.4637.8734.5930.3523.09
Book Value24824421019619118512811810588.87
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Magic Software Enterprises Ltd.
Country Israel
Employees 2,640
CEO Guy Shimon Bernstein

Stock Information

Ticker Symbol MGIC
Stock Exchange NASDAQ
Sector Technology
Industry Software—Application
Unique Identifier NASDAQ: MGIC
IPO Date August 28, 1991

Description

Magic Software Enterprises 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; Magic xpc, a hybrid integration platform as a service; Magic SmartUX, a mobile development application platform; and FactoryEye for virtualization of production data. It also provides vertical software solutions comprising Clicks, a software solution for healthcare providers; Leap, a software solution for business support systems; Hermes Solution, a packaged software solution for managing air cargo ground handling; HR Pulse, a customized single-tenant software as a service tool; and MBS Solution, a proprietary system for managing TV broadcast management. In addition, the company provides software maintenance, support, training, and consulting services. It serves oil and gas, telecommunications, financial, healthcare, and industrial sectors; and public institutions and international agencies. 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 founded in 1983 and is headquartered in Or Yehuda, Israel.