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Also traded in: Germany, Israel

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 7/10

vs
industry
vs
history
Cash-to-Debt 2.48
MGIC's Cash-to-Debt is ranked lower than
59% of the 1477 Companies
in the Global Software - Application industry.

( Industry Median: 7.61 vs. MGIC: 2.48 )
Ranked among companies with meaningful Cash-to-Debt only.
MGIC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.42  Med: 12.02 Max: No Debt
Current: 2.48
Equity-to-Asset 0.61
MGIC's Equity-to-Asset is ranked higher than
54% of the 1403 Companies
in the Global Software - Application industry.

( Industry Median: 0.59 vs. MGIC: 0.61 )
Ranked among companies with meaningful Equity-to-Asset only.
MGIC' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.39  Med: 0.73 Max: 0.83
Current: 0.61
0.39
0.83
Interest Coverage 47.62
MGIC's Interest Coverage is ranked lower than
61% of the 1534 Companies
in the Global Software - Application industry.

( Industry Median: 173.00 vs. MGIC: 47.62 )
Ranked among companies with meaningful Interest Coverage only.
MGIC' s Interest Coverage Range Over the Past 10 Years
Min: 8.8  Med: 105.3 Max: N/A
Current: 47.62
Piotroski F-Score: 2
Altman Z-Score: 2.96
WACC vs ROIC
7.68%
12.92%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 6/10

vs
industry
vs
history
Operating Margin % 10.34
MGIC's Operating Margin % is ranked higher than
69% of the 1433 Companies
in the Global Software - Application industry.

( Industry Median: 5.12 vs. MGIC: 10.34 )
Ranked among companies with meaningful Operating Margin % only.
MGIC' s Operating Margin % Range Over the Past 10 Years
Min: 2.19  Med: 11.72 Max: 13.19
Current: 10.34
2.19
13.19
Net Margin % 5.90
MGIC's Net Margin % is ranked higher than
62% of the 1433 Companies
in the Global Software - Application industry.

( Industry Median: 3.24 vs. MGIC: 5.90 )
Ranked among companies with meaningful Net Margin % only.
MGIC' s Net Margin % Range Over the Past 10 Years
Min: 5.9  Med: 10.77 Max: 21.58
Current: 5.9
5.9
21.58
ROE % 6.13
MGIC's ROE % is ranked lower than
51% of the 1393 Companies
in the Global Software - Application industry.

( Industry Median: 6.23 vs. MGIC: 6.13 )
Ranked among companies with meaningful ROE % only.
MGIC' s ROE % Range Over the Past 10 Years
Min: 6.17  Med: 11.41 Max: 23.16
Current: 6.13
6.17
23.16
ROA % 4.43
MGIC's ROA % is ranked higher than
58% of the 1477 Companies
in the Global Software - Application industry.

( Industry Median: 2.97 vs. MGIC: 4.43 )
Ranked among companies with meaningful ROA % only.
MGIC' s ROA % Range Over the Past 10 Years
Min: 4.28  Med: 8.67 Max: 16.57
Current: 4.43
4.28
16.57
ROC (Joel Greenblatt) % 62.86
MGIC's ROC (Joel Greenblatt) % is ranked higher than
66% of the 1446 Companies
in the Global Software - Application industry.

( Industry Median: 25.16 vs. MGIC: 62.86 )
Ranked among companies with meaningful ROC (Joel Greenblatt) % only.
MGIC' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 8.96  Med: 129.68 Max: 318.11
Current: 62.86
8.96
318.11
3-Year Revenue Growth Rate 5.20
MGIC's 3-Year Revenue Growth Rate is ranked higher than
51% of the 1327 Companies
in the Global Software - Application industry.

( Industry Median: 5.10 vs. MGIC: 5.20 )
Ranked among companies with meaningful 3-Year Revenue Growth Rate only.
MGIC' s 3-Year Revenue Growth Rate Range Over the Past 10 Years
Min: -11.1  Med: 4.7 Max: 25.5
Current: 5.2
-11.1
25.5
3-Year EBITDA Growth Rate -13.90
MGIC's 3-Year EBITDA Growth Rate is ranked lower than
79% of the 1109 Companies
in the Global Software - Application industry.

( Industry Median: 8.20 vs. MGIC: -13.90 )
Ranked among companies with meaningful 3-Year EBITDA Growth Rate only.
MGIC' s 3-Year EBITDA Growth Rate Range Over the Past 10 Years
Min: -13.9  Med: 6.6 Max: 81.5
Current: -13.9
-13.9
81.5
3-Year EPS without NRI Growth Rate -14.40
MGIC's 3-Year EPS without NRI Growth Rate is ranked lower than
74% of the 1002 Companies
in the Global Software - Application industry.

( Industry Median: 8.10 vs. MGIC: -14.40 )
Ranked among companies with meaningful 3-Year EPS without NRI Growth Rate only.
MGIC' s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: -32.5  Med: 14 Max: 93.5
Current: -14.4
-32.5
93.5
GuruFocus has detected 7 Warning Signs with Magic Software Enterprises Ltd $MGIC.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
» MGIC's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Operating Cash Flow & Free Cash Flow
Operating Cash Flow & Net Income

» Details

Guru Trades

Q1 2016

MGIC Guru Trades in Q1 2016

Jim Simons 292,452 sh (-3.07%)
» More
Q2 2016

MGIC Guru Trades in Q2 2016

Charles Brandes 13,786 sh (New)
Jim Simons 293,352 sh (+0.31%)
» More
Q3 2016

MGIC Guru Trades in Q3 2016

Jim Simons 356,833 sh (+21.64%)
Charles Brandes 10,506 sh (-23.79%)
» More
Q4 2016

MGIC Guru Trades in Q4 2016

Charles Brandes 10,989 sh (+4.60%)
Jim Simons 345,952 sh (-3.05%)
» More
» Details

Insider Trades

Latest Guru Trades with MGIC

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

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Business Description

Industry: Application Software » Software - Application  
Compare:NAS:IMMR, NYSE:NQ, NAS:AMSWA, NYSE:ECOM, NAS:PCYG, NAS:ZIXI, NAS:KEYW, NAS:BCOV, OTCPK:MYRIF, OTCPK:NCCGF, NAS:XNET, NYSE:AMBR, OTCPK:FLKKD, NAS:GUID, OTCPK:ALSWF, NAS:AGYS, NAS:QADB, NAS:MITK, NAS:ACTA, NAS:SLP » details
Traded in other countries:MGK.Germany, MGIC.Israel,
Magic Software Enterprises Ltd provides application development and business process integration software solutions and related professional services, and a vendor of IT outsourcing services and a vendor of IT outsourcing services.

Magic Software Enterprises Ltd. was incorporated under the laws of the State of Israel in February 1983 as Mashov Software Export (1983) Ltd., The Company provides application development and business process integration software solutions and related professional services, and a vendor of IT outsourcing services. Its software is used by customers to develop, deploy and integrate on-premise, mobile and cloud-based business applications quickly and cost effectively. In addition, its technology enables enterprises to accelerate the process of delivering business solutions that meet current and future needs and allow customers to dramatically improve their business performance and return on investment. With respect to IT outsourcing services, it offers a complete portfolio of professional services in the areas of infrastructure design and delivery, application development, technology consulting planning and implementation services, support services and supplemental staffing services. Its IT services offerings consist of a variety of professional services: Infrastructure design and delivery - management of complex, tailor-made projects and telecom infrastructure projects in wireless and wire-line as well as IT consulting services, Application development - development of on-premise, mobile and cloud applications, Technology consulting, planning and implementation services - planning and execution of end-to-end, large-scale, complex solutions in networking, cyber security, command & control and high performance transactions systems, Support services - technical support services through local customer support centers around the world and online customer support centers, Staffing services to a wide variety of companies - staffing services for technical personnel to supplement the in-house capabilities of its customers. Its wholly-owned subsidiaries, Coretech Consulting Group LLC, Fusion Solutions LLC, Xsell Resources Inc., Allstates Consulting Services LLC, and the Comm-IT Group provide advanced IT consulting and staffing services to a wide variety of companies including Fortune 1000 companies. Its technical personnel generally supplement the in-house capabilities of its clients. The Company's competitors are Kony, IBM, Microsoft, Adobe, Oracle, SAP Sybase and Antenna Software/Pegasystems. With Magic xpi, compete in the integration platform market. Among its current competitors are IBM, Informatica, TIBCO, and Software AG.

Ratios

vs
industry
vs
history
PE Ratio 29.23
MGIC's PE Ratio is ranked lower than
59% of the 1005 Companies
in the Global Software - Application industry.

( Industry Median: 24.50 vs. MGIC: 29.23 )
Ranked among companies with meaningful PE Ratio only.
MGIC' s PE Ratio Range Over the Past 10 Years
Min: 3.12  Med: 15.08 Max: 31.41
Current: 29.23
3.12
31.41
Forward PE Ratio 14.06
MGIC's Forward PE Ratio is ranked higher than
85% of the 350 Companies
in the Global Software - Application industry.

( Industry Median: 22.22 vs. MGIC: 14.06 )
Ranked among companies with meaningful Forward PE Ratio only.
N/A
PE Ratio without NRI 29.23
MGIC's PE Ratio without NRI is ranked lower than
58% of the 986 Companies
in the Global Software - Application industry.

( Industry Median: 24.94 vs. MGIC: 29.23 )
Ranked among companies with meaningful PE Ratio without NRI only.
MGIC' s PE Ratio without NRI Range Over the Past 10 Years
Min: 6.93  Med: 16.17 Max: 187
Current: 29.23
6.93
187
PB Ratio 1.74
MGIC's PB Ratio is ranked higher than
69% of the 1412 Companies
in the Global Software - Application industry.

( Industry Median: 9999.00 vs. MGIC: 1.74 )
Ranked among companies with meaningful PB Ratio only.
MGIC' s PB Ratio Range Over the Past 10 Years
Min: 0.5  Med: 1.48 Max: 3.74
Current: 1.74
0.5
3.74
PS Ratio 1.68
MGIC's PS Ratio is ranked higher than
57% of the 1428 Companies
in the Global Software - Application industry.

( Industry Median: 2.10 vs. MGIC: 1.68 )
Ranked among companies with meaningful PS Ratio only.
MGIC' s PS Ratio Range Over the Past 10 Years
Min: 0.55  Med: 1.47 Max: 3.35
Current: 1.68
0.55
3.35
EV-to-EBIT 13.75
MGIC's EV-to-EBIT is ranked higher than
60% of the 1007 Companies
in the Global Software - Application industry.

( Industry Median: 16.44 vs. MGIC: 13.75 )
Ranked among companies with meaningful EV-to-EBIT only.
MGIC' s EV-to-EBIT Range Over the Past 10 Years
Min: -19.1  Med: 9.6 Max: 138.3
Current: 13.75
-19.1
138.3
EV-to-EBITDA 13.75
MGIC's EV-to-EBITDA is ranked lower than
53% of the 1095 Companies
in the Global Software - Application industry.

( Industry Median: 12.81 vs. MGIC: 13.75 )
Ranked among companies with meaningful EV-to-EBITDA only.
MGIC' s EV-to-EBITDA Range Over the Past 10 Years
Min: -21.9  Med: 9.6 Max: 138.3
Current: 13.75
-21.9
138.3
Shiller PE Ratio 21.43
MGIC's Shiller PE Ratio is ranked higher than
76% of the 290 Companies
in the Global Software - Application industry.

( Industry Median: 38.44 vs. MGIC: 21.43 )
Ranked among companies with meaningful Shiller PE Ratio only.
MGIC' s Shiller PE Ratio Range Over the Past 10 Years
Min: 17.1  Med: 25.64 Max: 57
Current: 21.43
17.1
57
Current Ratio 3.91
MGIC's Current Ratio is ranked higher than
81% of the 1326 Companies
in the Global Software - Application industry.

( Industry Median: 1.84 vs. MGIC: 3.91 )
Ranked among companies with meaningful Current Ratio only.
MGIC' s Current Ratio Range Over the Past 10 Years
Min: 0.97  Med: 2.26 Max: 5.1
Current: 3.91
0.97
5.1
Quick Ratio 3.91
MGIC's Quick Ratio is ranked higher than
82% of the 1326 Companies
in the Global Software - Application industry.

( Industry Median: 1.71 vs. MGIC: 3.91 )
Ranked among companies with meaningful Quick Ratio only.
MGIC' s Quick Ratio Range Over the Past 10 Years
Min: 0.96  Med: 2.25 Max: 5.1
Current: 3.91
0.96
5.1
Days Sales Outstanding 128.30
MGIC's Days Sales Outstanding is ranked lower than
86% of the 1109 Companies
in the Global Software - Application industry.

( Industry Median: 66.95 vs. MGIC: 128.30 )
Ranked among companies with meaningful Days Sales Outstanding only.
MGIC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 73.35  Med: 90.41 Max: 128.3
Current: 128.3
73.35
128.3
Days Payable 22.98
MGIC's Days Payable is ranked lower than
71% of the 1009 Companies
in the Global Software - Application industry.

( Industry Median: 39.59 vs. MGIC: 22.98 )
Ranked among companies with meaningful Days Payable only.
MGIC' s Days Payable Range Over the Past 10 Years
Min: 14.13  Med: 22.11 Max: 40.19
Current: 22.98
14.13
40.19

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield % 2.30
MGIC's Dividend Yield % is ranked higher than
68% of the 1251 Companies
in the Global Software - Application industry.

( Industry Median: 1.60 vs. MGIC: 2.30 )
Ranked among companies with meaningful Dividend Yield % only.
MGIC' s Dividend Yield % Range Over the Past 10 Years
Min: 1.97  Med: 3.23 Max: 31.25
Current: 2.3
1.97
31.25
Dividend Payout Ratio 0.50
MGIC's Dividend Payout Ratio is ranked lower than
65% of the 757 Companies
in the Global Software - Application industry.

( Industry Median: 0.36 vs. MGIC: 0.50 )
Ranked among companies with meaningful Dividend Payout Ratio only.
MGIC' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.23  Med: 0.57 Max: 2.63
Current: 0.5
0.23
2.63
3-Year Dividend Growth Rate -5.90
MGIC's 3-Year Dividend Growth Rate is ranked lower than
69% of the 546 Companies
in the Global Software - Application industry.

( Industry Median: 8.20 vs. MGIC: -5.90 )
Ranked among companies with meaningful 3-Year Dividend Growth Rate only.
MGIC' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 0  Med: 0 Max: 20.7
Current: -5.9
0
20.7
Forward Dividend Yield % 2.24
MGIC's Forward Dividend Yield % is ranked higher than
62% of the 1200 Companies
in the Global Software - Application industry.

( Industry Median: 1.81 vs. MGIC: 2.24 )
Ranked among companies with meaningful Forward Dividend Yield % only.
N/A
5-Year Yield-on-Cost % 2.30
MGIC's 5-Year Yield-on-Cost % is ranked higher than
54% of the 1556 Companies
in the Global Software - Application industry.

( Industry Median: 2.14 vs. MGIC: 2.30 )
Ranked among companies with meaningful 5-Year Yield-on-Cost % only.
MGIC' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.97  Med: 3.23 Max: 31.25
Current: 2.3
1.97
31.25
3-Year Average Share Buyback Ratio -6.20
MGIC's 3-Year Average Share Buyback Ratio is ranked lower than
69% of the 1051 Companies
in the Global Software - Application industry.

( Industry Median: -2.10 vs. MGIC: -6.20 )
Ranked among companies with meaningful 3-Year Average Share Buyback Ratio only.
MGIC' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -26.9  Med: -4.3 Max: -0.4
Current: -6.2
-26.9
-0.4

Valuation & Return

vs
industry
vs
history
Price-to-Net-Current-Asset-Value 9.26
MGIC's Price-to-Net-Current-Asset-Value is ranked lower than
60% of the 859 Companies
in the Global Software - Application industry.

( Industry Median: 6.65 vs. MGIC: 9.26 )
Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
MGIC' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.23  Med: 4.64 Max: 82.68
Current: 9.26
1.23
82.68
Price-to-Tangible-Book 7.16
MGIC's Price-to-Tangible-Book is ranked lower than
67% of the 1152 Companies
in the Global Software - Application industry.

( Industry Median: 3.86 vs. MGIC: 7.16 )
Ranked among companies with meaningful Price-to-Tangible-Book only.
MGIC' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.64  Med: 2.66 Max: 15.95
Current: 7.16
0.64
15.95
Price-to-Intrinsic-Value-Projected-FCF 2.18
MGIC's Price-to-Intrinsic-Value-Projected-FCF is ranked lower than
55% of the 767 Companies
in the Global Software - Application industry.

( Industry Median: 1.98 vs. MGIC: 2.18 )
Ranked among companies with meaningful Price-to-Intrinsic-Value-Projected-FCF only.
MGIC' s Price-to-Intrinsic-Value-Projected-FCF Range Over the Past 10 Years
Min: 0.77  Med: 1.79 Max: 14.35
Current: 2.18
0.77
14.35
Price-to-Median-PS-Value 1.14
MGIC's Price-to-Median-PS-Value is ranked higher than
55% of the 1228 Companies
in the Global Software - Application industry.

( Industry Median: 1.19 vs. MGIC: 1.14 )
Ranked among companies with meaningful Price-to-Median-PS-Value only.
MGIC' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.37  Med: 0.93 Max: 5.53
Current: 1.14
0.37
5.53
Price-to-Graham-Number 3.00
MGIC's Price-to-Graham-Number is ranked lower than
62% of the 717 Companies
in the Global Software - Application industry.

( Industry Median: 2.20 vs. MGIC: 3.00 )
Ranked among companies with meaningful Price-to-Graham-Number only.
MGIC' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.65  Med: 1.78 Max: 5.71
Current: 3
0.65
5.71
Earnings Yield (Greenblatt) % 7.30
MGIC's Earnings Yield (Greenblatt) % is ranked higher than
73% of the 1511 Companies
in the Global Software - Application industry.

( Industry Median: 3.20 vs. MGIC: 7.30 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) % only.
MGIC' s Earnings Yield (Greenblatt) % Range Over the Past 10 Years
Min: 0.7  Med: 9.8 Max: 869.7
Current: 7.3
0.7
869.7
Forward Rate of Return (Yacktman) % 1.17
MGIC's Forward Rate of Return (Yacktman) % is ranked lower than
72% of the 749 Companies
in the Global Software - Application industry.

( Industry Median: 10.41 vs. MGIC: 1.17 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) % only.
MGIC' s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -94.9  Med: 6.1 Max: 75.4
Current: 1.17
-94.9
75.4

More Statistics

Revenue (TTM) (Mil) $201.6
EPS (TTM) $ 0.26
Beta0.84
Short Percentage of Float0.04%
52-Week Range $6.35 - 7.90
Shares Outstanding (Mil)44.34

Analyst Estimate

Dec17
Revenue (Mil $)
EPS ($) 0.54
EPS without NRI ($) 0.54
EPS Growth Rate
(Future 3Y To 5Y Estimate)
N/A
Dividends per Share ($)
» More Articles for MGIC

Headlines

Articles On GuruFocus.com
Best Performing Gurus of Past Six Months are John Paulson, First Eagle and Michael Price Jun 11 2013 
MAGIC FORMULA INVESTING 2010 YEAR IN REVIEW -- Winners: MGIC, QCOR, SNTA, CF; Losers: SPMD, JTX Jan 01 2011 
MFI STOCK REVIEW: MAGIC SOFTWARE ENTERPRISES LTD Mar 11 2010 
Magic Software Enterprises Ltd. Could Be a Big Buyout Target Mar 09 2010 
Valuing Dividend Stocks: Magic Software Enterprises Ltd., Automatic Data Processing and Emerson Elec Jan 11 2010 

More From Other Websites
Magic Announces Distribution of Cash Dividend for Second Half of 2016 Feb 22 2017
Magic Software posts 4Q profit Feb 21 2017
Magic Software posts 4Q profit Feb 21 2017
Magic Delivers Record-Breaking Revenues of $202 Million for 2016 with 15% Year over Year Growth Feb 21 2017
Magic Software Enterprises Ltd. breached its 50 day moving average in a Bullish Manner : MGIC-US :... Feb 01 2017
Magic to Announce Fourth Quarter and Full Year 2016 Financial Results on February 21, 2017 Jan 19 2017
Magic Software Benelux and Tymlez Partner on End-to-End Blockchain Applications Dec 20 2016
Magic Software Enterprises Ltd. breached its 50 day moving average in a Bullish Manner : MGIC-US :... Dec 06 2016
ZF Lemförder SA Migrates ERP System and Optimizes Production Efficiency with Magic xpi Integration... Dec 06 2016
Orangina Schweppes Quenches Thirst for Enterprise Application Integration (EAI) With Magic... Nov 28 2016
Magic Software Enterprises Ltd. :MGIC-US: Earnings Analysis: Q3, 2016 By the Numbers : November 23,... Nov 23 2016
Magic Software Enterprises Ltd. breached its 50 day moving average in a Bullish Manner : MGIC-US :... Nov 22 2016
Magic Reports Record-Breaking Third Quarter 2016 Revenues Nov 16 2016
Magic Reports Record-Breaking Third Quarter 2016 Revenues Nov 10 2016
Magic Reports Record-Breaking Third Quarter 2016 Revenues Nov 10 2016
Magic Software Enterprises Ltd. breached its 50 day moving average in a Bearish Manner : MGIC-US :... Nov 09 2016
Magic Signs Definitive Seven-Year Term Loan Agreement Nov 09 2016
CORRECTION - Magic Software Enterprises Ltd.: Magic Signs Definitive Seven-year Term Loan Agreement Nov 09 2016
Magic Software Boosts Its Rapid Development Platform with Expanded Mobile Capabilities and Improved... Nov 02 2016
Magic Software Boosts Its Rapid Development Platform With Expanded Mobile Capabilities and Improved... Nov 02 2016

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