Stock Scorecard



Stock Summary for Magic Software Enterprises Ltd (MGIC) - $11.58 as of 4/26/2024 3:29:30 PM EST

Total Score

14 out of 29

Currently on the following lists
None
Tim's Recommendation
Possible Buy

Growth List Algorithm Criteria for MGIC

Positive earnings growth
P/E ratio less than Industry P/E Ratio
P/E ratio less than Sector P/E Ratio
P/E ratio that is half the growth rate (or less)
Positive net cash position the past year and most recent quarter
Equity to debt ratio greater than 0.75 for past year and most recent quarter
Positive net income past year and 12 trailing months
Free cash flow ratio greater than 0 and less than 10

Small Cap List Algorithm Criteria for MGIC

Revenue growing by at least 20% average per year over the last 5 years
Market Capitalization under 2 billion
Price to Sales (P/S) ratio 12 trailing months less than Industry P/S ratio twelve trailing months
Price to Sales (P/S) ratio 12 trailing months less than Sector P/S ratio twelve trailing months
Net Income past year > Net Income prior year OR Net Income 12 trailing months > Net Income prior year OR Net Income 12 trailing months > Net Income past year

Dividend List Algorithm Criteria for MGIC

Declared an ex-dividend date
Forward annual dividend rate greater than 2
Positive net cash position the past year and most recent quarter
Equity to debt ratio greater than 0.75 for past year and most recent quarter
Current ratio most recent quarter greater than 2

Bonus Criteria for MGIC

P/E ratio less than five-year Average P/E ratio
Last Price to 52 Week Low Ratio Less Than 1
Total Cash Per Share > Last Day Price
P/S Ratio < 1
P/B Ratio < 1

Latest News for for MGIC

Formula Systems Reports Fourth Quarter and Full Year 2023 Financial Results 3/19/2024 11:08:00 AM
Magic Software Enterprises ( NASDAQ:MGIC ) Downgraded to "Buy" at StockNews.com 3/18/2024 6:28:00 AM
IT Consulting Services Firm Magic Software Enterprises Stock Soars On Wednesday - Here's Why - Magic Software ( NASDAQ:MGIC ) 3/13/2024 1:13:00 PM
Magic Software Reports Fourth Quarter and Full Year 2023 Financial Results 3/13/2024 12:24:00 PM
Magic Software Enterprises ( NASDAQ:MGIC ) Upgraded to "Strong-Buy" by StockNews.com 3/10/2024 7:12:00 AM
Magic Software Enterprises ( NASDAQ:MGIC ) Upgraded to "Strong-Buy" by StockNews.com 3/10/2024 7:12:00 AM
Magic Software Enterprises ( NASDAQ:MGIC ) Downgraded to Buy at StockNews.com 3/2/2024 7:35:00 AM
Magic Software Enterprises ( NASDAQ:MGIC ) Downgraded to Buy at StockNews.com 3/2/2024 7:14:00 AM
Magic Software to Announce Fourth Quarter and Full year 2023 Financial Results on March 13th, 2024 2/28/2024 2:37:00 PM
Magic Software Enterprises ( NASDAQ:MGIC ) Rating Increased to Strong-Buy at StockNews.com 2/24/2024 10:54:00 AM

Financial Details for MGIC

Company Overview

Ticker MGIC
Company Name Magic Software Enterprises Ltd
Country USA
Description Magic Software Enterprises Ltd. provides proprietary application development, business process integration, vertical software solutions, and information technology (IT) outsourcing software services in Israel and internationally. The company is headquartered in Or Yehuda, Israel.
Sector Name TECHNOLOGY
Industry Name SERVICES-PREPACKAGED SOFTWARE
Most Recent Quarter 12/31/2023
Next Earnings Date 4/29/2024

Stock Price History

Last Day Price 11.58
Last Day Price Updated 4/26/2024 3:29:30 PM EST
Last Day Volume 0
Average Daily Volume 68,868
52-Week High 14.42
52-Week Low 8.15
Last Price to 52 Week Low 42.09%

Valuation Measures

Trailing PE 15.08
Industry PE 255.14
Sector PE 74.96
5-Year Average PE 12.67
Free Cash Flow Ratio 5.34
Industry Free Cash Flow Ratio 38.71
Sector Free Cash Flow Ratio 28.93
Current Ratio Most Recent Quarter 1.81
Total Cash Per Share 2.17
Book Value Per Share Most Recent Quarter 5.42
Price to Book Ratio 2.31
Industry Price to Book Ratio 10.27
Sector Price to Book Ratio 14.93
Price to Sales Ratio Twelve Trailing Months 1.09
Industry Price to Sales Ratio Twelve Trailing Months 7.81
Sector Price to Sales Ratio Twelve Trailing Months 4.67

Share Statistics

Total Shares Outstanding 49,099,300
Market Capitalization 568,569,894
Institutional Ownership N/A

Dividends

Ex-Dividend Date 8/29/2023
Last Dividend Amount 0.30
Current Dividend Amount 0.33
Dividend Aristocrat? False
Trailing Annual Dividend Rate 0.33
Trailing Annual Dividend Yield 2.81%
Forward Annual Dividend Rate 0.39
Forward Annual Dividend Yield 3.36%
5-Year Dividend Payments Count 9
3-Year Average Dividend Yield 3.92%
5-Year Average Dividend Yield 3.30%
1-Year Dividend Growth Rate Percentage 23.91%
3-Year Dividend Growth Rate Percentage 18.83%
5-Year Dividend Growth Rate Percentage 19.64%
All-Time Dividend Growth Rate Percentage 3.52%
Dividend Payout Ratio 42.47%

Income Statement

Quarterly Earnings Growth YOY -26.10%
Annual Earnings Growth -8.36%
Reported EPS 12 Trailing Months 0.77
Reported EPS Past Year 0.00
Reported EPS Prior Year 0.99
Net Income Twelve Trailing Months 36,851,000
Net Income Past Year 37,087,000
Net Income Prior Year 40,470,000
Quarterly Revenue Growth YOY -14.70%
5-Year Revenue Growth 13.48%

Balance Sheet

Total Cash Most Recent Quarter 106,354,000
Total Cash Past Year 106,354,000
Total Cash Prior Year 83,062,000
Net Cash Position Most Recent Quarter 49,313,000
Net Cash Position Past Year 75,942,000
Long Term Debt Past Year 30,412,000
Long Term Debt Prior Year 30,412,000
Total Debt Most Recent Quarter 57,041,000
Equity to Debt Ratio Past Year 0.90
Equity to Debt Ratio Most Recent Quarter 0.82
Total Stockholder Equity Past Year 265,981,000
Total Stockholder Equity Prior Year 263,652,000
Total Stockholder Equity Most Recent Quarter 265,981,000

Options

Put/Call Ratio 0.00
Has Options Options Chain
Liquidity Rating

Technical Analysis

Yahoo Finance Chart Yahoo Finance Chart
MACD 0.03
MACD Signal 0.07
20-Day Bollinger Lower Band 9.27
20-Day Bollinger Middle Band 10.81
20-Day Bollinger Upper Band 12.35
Beta 1.15
RSI 48.90
50-Day SMA 11.23
200-Day SMA 14.41

System

Modified 4/27/2024 5:46:03 AM EST