Magic Software Enterprises Ltd.(MGIC)Earnings, Financials & Key Ratios
MGIC•NASDAQ
$17.38
$853M mkt cap·23.2× P/E·Price updated Apr 24, 2026
AboutMagic 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.Show more
- Revenue$553M+3.3%
- EBITDA$82M+5.7%
- Net Income$37M-0.4%
- EPS (Diluted)0.75
- Gross Margin28.45%-0.5%
- EBITDA Margin14.85%+2.3%
- Operating Margin11.08%+3.8%
- Net Margin6.68%-3.5%
- ROE12.46%+0.3%
- ROIC16.17%+12.4%
- Debt/Equity0.29-23.4%
- Interest Coverage9.09+46.9%
MGIC Key Insights
Magic Software Enterprises Ltd. (MGIC) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓High quality earnings: Operating CF exceeds net income
- ✓Strong 5Y sales CAGR of 11.2%
- ✓Efficient asset utilization: 1.0x turnover
✗Weaknesses
- ✗Trading more than 30% below 52-week high
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
MGIC Price & Volume
Magic Software Enterprises Ltd. (MGIC) stock price & volume — 10-year historical chart
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MGIC Growth Metrics
Magic Software Enterprises Ltd. (MGIC) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years12.89%
5 Years11.15%
3 Years4.78%
TTM12.65%
Profit CAGR
10 Years9.12%
5 Years12.72%
3 Years7.41%
TTM14.98%
EPS CAGR
10 Years7.62%
5 Years23.6%
3 Years7.13%
TTM15.71%
Return on Capital
10 Years12.43%
5 Years14.97%
3 Years16.33%
Last Year16.31%
MGIC Recent Earnings
Magic Software Enterprises Ltd. (MGIC) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 5/12 qtrs (42%)●Beat Revenue 7/12 qtrs (64%)
Q2 2026Latest
Mar 10, 2026EPS
$0.24
Est $0.28
-14.3%
Revenue
—
Est $157M
Q4 2025
Nov 18, 2025EPS
$0.25
Est $0.29
-13.8%
Revenue
$162M
Est $157M
+3.1%
Q3 2025
Aug 13, 2025EPS
$0.26
Est $0.24
+8.3%
Revenue
$152M
Est $155M
-2.0%
Q2 2025
May 21, 2025EPS
$0.25
Est $0.25
+0.0%
Revenue
$147M
Est $144M
+2.5%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Mar 10, 2026 | $0.24vs $0.28-14.3% | —vs $157M |
| Q4 2025 | Nov 18, 2025 | $0.25vs $0.29-13.8% | $162Mvs $157M+3.1% |
| Q3 2025 | Aug 13, 2025 | $0.26vs $0.24+8.3% | $152Mvs $155M-2.0% |
| Q2 2025 | May 21, 2025 | $0.25vs $0.25+0.0% | $147Mvs $144M+2.5% |
Based on last 12 quarters of dataView full earnings history →
MGIC Peer Comparison
Magic Software Enterprises Ltd. (MGIC) competitors in IT Consulting and Systems Integration — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 PEGA | 6.15B | 36.37 | 17.08 | 16.61% | 20.04% | 50.21% | 0.10 | |
 APPN | 1.72B | 23.18 | 1159 | 17.81% | -1.06% | |||
 AGYS | 1.93B | 68.56 | 83.61 | 16.07% | 9.79% | 9.72% | 0.18 | |
 PCTY | 5.52B | 102.53 | 25.51 | 13.74% | 14.19% | 21.69% | 0.18 | |
 MSFT | 3.07T | 413.87 | 30.34 | 14.93% | 39.34% | 33.13% | 0.33 | |
 NOW | 92.27B | 89.05 | 53.32 | 20.88% | 12.59% | 14.98% | 0.25 | |
 MNDY | 3.81B | 73.97 | 33.02 | 26.75% | 9.64% | 9.52% | 0.25 | |
 ASAN | 1.59B | 6.83 | -8.54 | 9.25% | -23.9% | -94.12% | 1.35 |
Compare MGIC vs Peers
Magic Software Enterprises Ltd. (MGIC) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
MGIC Income Statement
Magic Software Enterprises Ltd. (MGIC) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 201.65M | 257.99M | 284.38M | 325.63M | 371.19M | 480.32M | 566.79M | 535.05M | 552.52M | 603.22M |
| Revenue Growth % | 14.55% | 27.94% | 10.23% | 14.51% | 13.99% | 29.4% | 18% | -5.6% | 3.26% | 12.65% |
| Cost of Goods Sold | 133.28M | 175.16M | 195.56M | 223.5M | 261.6M | 347.33M | 411.44M | 382.06M | 394.69M | 434.05M |
| COGS % of Revenue | 66.1% | 67.89% | 68.77% | 68.64% | 70.48% | 72.31% | 72.59% | 71.41% | 71.44% | - |
| Gross Profit | 68.36M▲ 0% | 82.83M▲ 21.2% | 88.82M▲ 7.2% | 102.13M▲ 15.0% | 109.59M▲ 7.3% | 132.99M▲ 21.4% | 155.35M▲ 16.8% | 152.99M▼ 1.5% | 157.18M▲ 2.7% | 169.17M▲ 0% |
| Gross Margin % | 33.9% | 32.11% | 31.23% | 31.36% | 29.52% | 27.69% | 27.41% | 28.59% | 28.45% | 28.04% |
| Gross Profit Growth % | 8.84% | 21.16% | 7.23% | 14.99% | 7.31% | 21.35% | 16.81% | -1.52% | 2.74% | - |
| Operating Expenses | 46.68M | 56.53M | 57.12M | 68.48M | 67.92M | 79.25M | 94.04M | 95.88M | 96.59M | 104.61M |
| OpEx % of Revenue | 23.15% | 21.91% | 20.09% | 21.03% | 18.3% | 16.5% | 16.59% | 17.92% | 17.48% | - |
| Selling, General & Admin | 41.34M | 49.59M | 51.42M | 60.24M | 59.13M | 69.37M | 83.95M | 85.31M | 84.11M | 90.94M |
| SG&A % of Revenue | 20.5% | 19.22% | 18.08% | 18.5% | 15.93% | 14.44% | 14.81% | 15.94% | 15.22% | - |
| Research & Development | 5.84M | 6.94M | 5.7M | 8.24M | 8.79M | 8.99M | 10.09M | 10.33M | 13.31M | 14.48M |
| R&D % of Revenue | 2.9% | 2.69% | 2% | 2.53% | 2.37% | 1.87% | 1.78% | 1.93% | 2.41% | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 240K | -829K | -803K |
| Operating Income | 20.86M▲ 0% | 25.96M▲ 24.4% | 31.7M▲ 22.1% | 33.65M▲ 6.2% | 40.59M▲ 20.6% | 51.23M▲ 26.2% | 61.38M▲ 19.8% | 57.11M▼ 7.0% | 61.24M▲ 7.2% | 65.2M▲ 0% |
| Operating Margin % | 10.34% | 10.06% | 11.15% | 10.33% | 10.93% | 10.67% | 10.83% | 10.67% | 11.08% | 10.81% |
| Operating Income Growth % | -2.69% | 24.44% | 22.12% | 6.16% | 20.61% | 26.23% | 19.8% | -6.96% | 7.23% | - |
| EBITDA | 32.47M | 39.57M | 44.26M | 47.68M | 54.53M | 71.07M | 81.17M | 77.66M | 82.06M | 86.56M |
| EBITDA Margin % | 16.1% | 15.34% | 15.56% | 14.64% | 14.69% | 14.8% | 14.32% | 14.51% | 14.85% | 14.35% |
| EBITDA Growth % | 3.66% | 21.87% | 11.87% | 7.72% | 14.37% | 30.34% | 14.21% | -4.33% | 5.66% | 11.15% |
| D&A (Non-Cash Add-back) | 11.61M | 13.61M | 12.56M | 14.03M | 13.94M | 19.84M | 19.8M | 20.55M | 20.82M | 21.36M |
| EBIT | 21.11M | 25.96M | 32.83M | 32.85M | 41.68M | 54.63M | 62.41M | 61.66M | 61.36M | 65.32M |
| Net Interest Income | -216K | -902K | -702K | -162K | -514K | -3.69M | -1.04M | -4.33M | -3.57M | -5.49M |
| Interest Income | 240K | 284K | 284K | 212K | 100K | 113K | 1.39M | 4.9M | 3.16M | 0 |
| Interest Expense | 456K | 1.19M | 990K | 374K | 614K | 3.8M | 2.43M | 9.23M | 6.74M | 5.49M |
| Other Income/Expense | -430K | -1.71M | 149K | -1.18M | -3.19M | -6.51M | -4.34M | -4.67M | -6.62M | -5.89M |
| Pretax Income | 20.66M▲ 0% | 24.25M▲ 17.4% | 31.85M▲ 31.4% | 32.47M▲ 2.0% | 37.4M▲ 15.2% | 45.26M▲ 21.0% | 57.72M▲ 27.5% | 52.44M▼ 9.1% | 54.62M▲ 4.2% | 59.42M▲ 0% |
| Pretax Margin % | 10.24% | 9.4% | 11.2% | 9.97% | 10.08% | 9.42% | 10.18% | 9.8% | 9.89% | 9.85% |
| Income Tax | 3.95M | 6.33M | 7.07M | 6.87M | 7.29M | 10.36M | 11.2M | 9.93M | 11.33M | 11.99M |
| Effective Tax Rate % | 19.12% | 26.11% | 22.2% | 21.17% | 19.48% | 22.89% | 19.4% | 18.94% | 20.74% | 20.17% |
| Net Income | 14.17M▲ 0% | 15.44M▲ 9.0% | 19.88M▲ 28.8% | 20.27M▲ 1.9% | 25.19M▲ 24.3% | 29.77M▲ 18.2% | 40.47M▲ 36.0% | 37.03M▼ 8.5% | 36.88M▼ 0.4% | 40.05M▲ 0% |
| Net Margin % | 7.03% | 5.99% | 6.99% | 6.22% | 6.79% | 6.2% | 7.14% | 6.92% | 6.68% | 6.64% |
| Net Income Growth % | -12.53% | 8.98% | 28.76% | 1.93% | 24.28% | 18.19% | 35.96% | -8.5% | -0.4% | 14.98% |
| Net Income (Continuing) | 16.71M | 17.91M | 24.78M | 25.6M | 30.12M | 35.34M | 46.28M | 42.5M | 43.29M | 47.33M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 27.9M | 29.12M | 31.65M | 38.77M | 33.55M | 40.85M | 41.62M | 24.96M | 23.88M | 24.79M |
| EPS (Diluted) | 0.27▲ 0% | 0.35▲ 29.6% | 0.39▲ 11.4% | 0.26▼ 33.3% | 0.49▲ 88.5% | 0.61▲ 24.5% | 0.82▲ 34.4% | 0.75▼ 8.5% | 0.75▲ 0.0% | 0.82▲ 0% |
| EPS Growth % | -25% | 29.63% | 11.43% | -33.33% | 88.46% | 24.49% | 34.43% | -8.54% | 0% | 15.71% |
| EPS (Basic) | 0.27 | 0.35 | 0.39 | 0.26 | 0.49 | 0.61 | 0.82 | 0.75 | 0.75 | - |
| Diluted Shares Outstanding | 44.52M | 44.6M | 46.8M | 48.99M | 49.05M | 49.1M | 49.13M | 49.1M | 49.1M | 49.1M |
| Basic Shares Outstanding | 44.35M | 44.44M | 46.66M | 48.9M | 49.03M | 49.05M | 49.09M | 49.38M | 49.18M | 49.1M |
| Dividend Payout Ratio | 54.77% | 60.61% | 68.11% | 73.83% | 49.64% | 73.17% | 61.38% | 83.17% | 27.16% | - |
MGIC Balance Sheet
Magic Software Enterprises Ltd. (MGIC) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 158.7M | 181.55M | 211.26M | 205.05M | 211.23M | 246.78M | 250.98M | 256.63M | 276.2M | 285.18M |
| Cash & Short-Term Investments | 87.82M | 90.77M | 113.92M | 95.51M | 89.65M | 94.82M | 86.97M | 106.69M | 120.4M | 103.31M |
| Cash Only | 75.31M | 75.9M | 87.13M | 81.92M | 88.13M | 88.09M | 83.06M | 105.94M | 112.78M | 103.3M |
| Short-Term Investments | 12.51M | 14.87M | 26.79M | 13.6M | 1.53M | 5.59M | 3.9M | 751K | 7.62M | 2K |
| Accounts Receivable | 67.93M | 87.27M | 92.63M | 104.89M | 117.38M | 148.52M | 155.22M | 139.56M | 149.78M | 181.87M |
| Days Sales Outstanding | 122.97 | 123.46 | 118.89 | 117.57 | 115.42 | 112.86 | 99.96 | 95.21 | 98.95 | 98.56 |
| Inventory | -2K | 0 | -3.71M | -1.11M | -1.24M | 0 | -6.92M | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 0 | 770K | 2.36M | 5.24M | 3.62M | 3.63M | 6.74M | 4.76M | 0 | 0 |
| Total Non-Current Assets | 158.31M | 160.9M | 151.06M | 202.43M | 232.1M | 245.27M | 259.99M | 265.78M | 264.13M | 274.63M |
| Property, Plant & Equipment | 3.06M | 3.47M | 3.07M | 18.61M | 30.5M | 30.17M | 36.53M | 33.71M | 32.17M | 32.47M |
| Fixed Asset Turnover | 65.79x | 74.39x | 92.57x | 17.50x | 12.17x | 15.92x | 15.52x | 15.87x | 17.17x | 18.54x |
| Goodwill | 91M | 98.19M | 95.01M | 117.74M | 135.68M | 146.8M | 158.7M | 166.06M | 172.51M | 0 |
| Intangible Assets | 56.18M | 51.01M | 41.48M | 51.13M | 53.4M | 51.39M | 52.06M | 50.66M | 45.29M | 225.7M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8.62M | 0 | 10.18M |
| Other Non-Current Assets | 2.57M | 3.23M | 3.28M | 4.01M | 4.67M | 3.65M | 2.34M | 0 | 9.26M | 29.01M |
| Total Assets | 317.01M▲ 0% | 342.45M▲ 8.0% | 362.33M▲ 5.8% | 407.48M▲ 12.5% | 443.32M▲ 8.8% | 492.05M▲ 11.0% | 510.97M▲ 3.8% | 522.41M▲ 2.2% | 540.33M▲ 3.4% | 559.81M▲ 0% |
| Asset Turnover | 0.64x | 0.75x | 0.78x | 0.80x | 0.84x | 0.98x | 1.11x | 1.02x | 1.02x | 1.11x |
| Asset Growth % | 32.11% | 8.02% | 5.8% | 12.46% | 8.8% | 10.99% | 3.85% | 2.24% | 3.43% | 12.14% |
| Total Current Liabilities | 44.69M | 59.17M | 52.96M | 66.88M | 84.83M | 130.78M | 156.05M | 141.7M | 170.31M | 192.76M |
| Accounts Payable | 8.39M | 12.19M | 14.04M | 10.99M | 14.25M | 24.71M | 27.6M | 28.41M | 28.75M | 34.59M |
| Days Payables Outstanding | 22.98 | 25.39 | 26.2 | 17.95 | 19.88 | 25.97 | 24.48 | 27.15 | 26.59 | 24.97 |
| Short-Term Debt | 5.64M | 9.77M | 8.66M | 7.08M | 11.53M | 17.11M | 20.75M | 28.94M | 23.19M | 34.87M |
| Deferred Revenue (Current) | 3.88M | 5.59M | 4.5M | 8.72M | 8.79M | 10.77M | 9.81M | 13.54M | 21.03M | 62.95M |
| Other Current Liabilities | 11.58M | 16.49M | 9.13M | 11.33M | 14.87M | 29.83M | 46.46M | 24.91M | 56.17M | 27.16M |
| Current Ratio | 3.55x | 3.07x | 3.99x | 3.07x | 2.49x | 1.89x | 1.61x | 1.81x | 1.62x | 1.62x |
| Quick Ratio | 3.55x | 3.07x | 4.06x | 3.08x | 2.50x | 1.89x | 1.65x | 1.81x | 1.62x | 1.62x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | 73.59 |
| Total Non-Current Liabilities | 53.8M | 43.88M | 33.76M | 51.11M | 68.57M | 80.94M | 73.06M | 89.76M | 68.96M | 66.21M |
| Long-Term Debt | 29.76M | 27.81M | 19.39M | 15.54M | 13.35M | 20.16M | 30.41M | 52.27M | 36.11M | 34.34M |
| Capital Lease Obligations | 0 | 0 | 0 | 11.12M | 21.11M | 21.91M | 24.28M | 23.1M | 22.04M | 88.86M |
| Deferred Tax Liabilities | 12.76M | 11.33M | 10.34M | 11.07M | 17.64M | 18.11M | 10.34M | 11.61M | 7.85M | 31.65M |
| Other Non-Current Liabilities | 6.82M | 4.75M | 4.03M | 13.38M | 16.47M | 20.93M | 7.4M | 2.79M | 2.96M | 6.9M |
| Total Liabilities | 94.37M | 103.05M | 86.72M | 120.86M | 149.34M | 185.94M | 205.7M | 231.46M | 239.26M | 258.98M |
| Total Debt | 35.4M | 37.71M | 28.05M | 37.57M | 49.4M | 62.1M | 79.79M | 108.72M | 86.15M | 95.89M |
| Net Debt | -39.91M | -38.19M | -59.08M | -44.34M | -38.72M | -25.99M | -3.27M | 2.77M | -26.63M | -7.42M |
| Debt / Equity | 0.16x | 0.16x | 0.10x | 0.13x | 0.17x | 0.20x | 0.26x | 0.37x | 0.29x | 0.29x |
| Debt / EBITDA | 1.09x | 0.95x | 0.63x | 0.79x | 0.91x | 0.87x | 0.98x | 1.40x | 1.05x | 1.11x |
| Net Debt / EBITDA | -1.23x | -0.97x | -1.33x | -0.93x | -0.71x | -0.37x | -0.04x | 0.04x | -0.32x | -0.32x |
| Interest Coverage | 45.74x | 21.89x | 32.02x | 89.98x | 66.10x | 13.48x | 25.22x | 6.19x | 9.09x | 11.90x |
| Total Equity | 222.64M▲ 0% | 239.4M▲ 7.5% | 275.6M▲ 15.1% | 286.61M▲ 4.0% | 293.98M▲ 2.6% | 306.1M▲ 4.1% | 305.27M▼ 0.3% | 290.94M▼ 4.7% | 301.07M▲ 3.5% | 300.83M▲ 0% |
| Equity Growth % | 11.96% | 7.53% | 15.12% | 3.99% | 2.57% | 4.12% | -0.27% | -4.69% | 3.48% | 3.9% |
| Book Value per Share | 5.00 | 5.37 | 5.89 | 5.85 | 5.99 | 6.23 | 6.21 | 5.93 | 6.13 | 6.13 |
| Total Shareholders' Equity | 194.74M | 210.28M | 243.96M | 247.84M | 260.43M | 265.25M | 263.65M | 265.98M | 277.19M | 276.04M |
| Common Stock | 1.04M | 1.04M | 1.16M | 1.16M | 1.16M | 1.17M | 1.17M | 1.17M | 1.17M | 276.04M |
| Retained Earnings | 19.82M | 25.71M | 30.52M | 28.35M | 39.72M | 70.66M | 86.29M | 92.52M | 107.8M | 0 |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -7.43M | 83K | -6.13M | -324K | 7.83M | 9.29M | -6.56M | -10.31M | -12.11M | 0 |
| Minority Interest | 27.9M | 29.12M | 31.65M | 38.77M | 33.55M | 40.85M | 41.62M | 24.96M | 23.88M | 24.79M |
MGIC Cash Flow Statement
Magic Software Enterprises Ltd. (MGIC) cash flow — operating, investing & free cash flow history
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 27.95M | 25.51M | 24.05M | 45.95M | 52.3M | 43.67M | 56.62M | 68.99M | 74.83M | 74.83M |
| Operating CF Margin % | 13.86% | 9.89% | 8.46% | 14.11% | 14.09% | 9.09% | 9.99% | 12.89% | 13.54% | - |
| Operating CF Growth % | 42.5% | -8.75% | -5.72% | 91.05% | 13.82% | -16.49% | 29.63% | 21.86% | 8.47% | 685.99% |
| Net Income | 14.17M | 15.44M | 19.88M | 20.27M | 25.19M | 29.77M | 40.47M | 37.03M | 36.88M | 40.05M |
| Depreciation & Amortization | 11.61M | 13.61M | 12.56M | 14.03M | 13.94M | 19.84M | 19.8M | 20.55M | 20.76M | 21.3M |
| Stock-Based Compensation | 152K | 78K | 194K | 74K | 0 | 956K | 2.08M | 3.8M | 1.61M | -19K |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.16M |
| Other Non-Cash Items | 3.1M | 6.27M | 7.44M | 3.11M | 5.54M | 14.97M | -251K | 1.96M | 11.26M | 1.14M |
| Working Capital Changes | -1.07M | -9.89M | -16.03M | 8.47M | 7.63M | -21.86M | -5.48M | 5.65M | 4.32M | 968K |
| Change in Receivables | -2.57M | -15.75M | -11.37M | 6.55M | -3.94M | -27.54M | -2.57M | 18.43M | -4.58M | -5.1M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8.35M |
| Cash from Investing | -34.2M | -7.32M | -19.55M | -15.44M | -9.6M | -22.2M | -34.46M | -27.62M | -22.61M | -8.87M |
| Capital Expenditures | -799K | -1.4M | -863K | -1.38M | -2.77M | -1.44M | -4.38M | -1.62M | -1.53M | -1.85M |
| CapEx % of Revenue | 0.4% | 0.54% | 0.3% | 0.42% | 0.75% | 0.3% | 0.77% | 0.3% | 0.28% | - |
| Acquisitions | -29.66M | -1.79M | -1.22M | -22.6M | -16.53M | -12.18M | -26.54M | -25.56M | -19.34M | -5.39M |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -3.75M | -4.13M | -17.47M | 8.54M | 9.7M | -8.58M | -3.54M | -434K | -1.74M | -1.63M |
| Cash from Financing | 20.41M | -19.41M | 8.43M | -36.98M | -39.65M | -21.27M | -18.28M | -17.29M | -45.15M | -59.6M |
| Debt Issued (Net) | 31.36M | 345K | -6.61M | -12.75M | 317K | 5.22M | 11.59M | 22.78M | -27.12M | -7.8M |
| Equity Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | -7.76M | -9.36M | -13.54M | -14.96M | -12.5M | -21.78M | -24.84M | -30.8M | -10.02M | -27.64M |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -3.18M | -10.4M | 28.58M | -9.27M | -27.46M | -4.7M | -5.02M | -9.28M | -8.01M | -24.15M |
| Net Change in Cash | 13.13M▲ 0% | 582K▼ 95.6% | 11.05M▲ 1798.6% | -5.21M▼ 147.2% | 6.21M▲ 219.2% | -37K▼ 100.6% | -5.03M▼ 13489.2% | 22.88M▲ 555.1% | 6.84M▼ 70.1% | 4.36M▲ 0% |
| Free Cash Flow | 27.16M▲ 0% | 24.11M▼ 11.2% | 23.19M▼ 3.8% | 44.57M▲ 92.2% | 49.52M▲ 11.1% | 42.23M▼ 14.7% | 52.23M▲ 23.7% | 67.37M▲ 29.0% | 73.3M▲ 8.8% | 64.49M▲ 0% |
| FCF Margin % | 13.47% | 9.34% | 8.15% | 13.69% | 13.34% | 8.79% | 9.22% | 12.59% | 13.27% | 10.69% |
| FCF Growth % | 46.72% | -11.22% | -3.82% | 92.22% | 11.12% | -14.72% | 23.67% | 28.98% | 8.79% | 26.85% |
| FCF per Share | 0.61 | 0.54 | 0.50 | 0.91 | 1.01 | 0.86 | 1.06 | 1.37 | 1.49 | 1.49 |
| FCF Conversion (FCF/Net Income) | 1.97x | 1.65x | 1.21x | 2.27x | 2.08x | 1.47x | 1.40x | 1.86x | 2.03x | 1.61x |
| Interest Paid | 358K | 572K | 312K | 0 | 371K | 1.26M | 1.31M | 3.21M | 5.55M | 0 |
| Taxes Paid | 4.51M | 5.37M | 5.42M | 6.74M | 7.83M | 13.05M | 14.46M | 15.89M | 10.45M | 0 |
MGIC Key Ratios
Magic Software Enterprises Ltd. (MGIC) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 6.72% | 6.68% | 7.72% | 7.21% | 8.68% | 9.92% | 13.24% | 12.42% | 12.46% | 13.38% |
| Return on Invested Capital (ROIC) | 9.7% | 10.14% | 11.38% | 11% | 12.24% | 14.36% | 15.82% | 14.38% | 16.17% | 16.17% |
| Gross Margin | 33.9% | 32.11% | 31.23% | 31.36% | 29.52% | 27.69% | 27.41% | 28.59% | 28.45% | 28.04% |
| Net Margin | 7.03% | 5.99% | 6.99% | 6.22% | 6.79% | 6.2% | 7.14% | 6.92% | 6.68% | 6.64% |
| Debt / Equity | 0.16x | 0.16x | 0.10x | 0.13x | 0.17x | 0.20x | 0.26x | 0.37x | 0.29x | 0.29x |
| Interest Coverage | 45.74x | 21.89x | 32.02x | 89.98x | 66.10x | 13.48x | 25.22x | 6.19x | 9.09x | 11.90x |
| FCF Conversion | 1.97x | 1.65x | 1.21x | 2.27x | 2.08x | 1.47x | 1.40x | 1.86x | 2.03x | 1.61x |
| Revenue Growth | 14.55% | 27.94% | 10.23% | 14.51% | 13.99% | 29.4% | 18% | -5.6% | 3.26% | 12.65% |
MGIC Frequently Asked Questions
Magic Software Enterprises Ltd. (MGIC) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Magic Software Enterprises Ltd. (MGIC) reported $603.2M in revenue for fiscal year 2024. This represents a 2275% increase from $25.4M in 1995.
Magic Software Enterprises Ltd. (MGIC) grew revenue by 3.3% over the past year. Growth has been modest.
Yes, Magic Software Enterprises Ltd. (MGIC) is profitable, generating $40.0M in net income for fiscal year 2024 (6.7% net margin).
Dividend & Returns
Yes, Magic Software Enterprises Ltd. (MGIC) pays a dividend with a yield of 1.17%. This makes it attractive for income-focused investors.
Magic Software Enterprises Ltd. (MGIC) has a return on equity (ROE) of 12.5%. This is reasonable for most industries.
Magic Software Enterprises Ltd. (MGIC) generated $64.5M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
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Magic Software Enterprises Ltd. (MGIC) financial analysis — history, returns, DCA and operating performance tools
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