Magic Software Enterprises (Magic Software Enterprises) 3-Year FCF Growth Rate : 6.50% (As of Sep. 2023)

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What is Magic Software Enterprises 3-Year FCF Growth Rate?

Magic Software Enterprises's Free Cash Flow per Share for the three months ended in Sep. 2023 was $0.44.

During the past 12 months, Magic Software Enterprises's average Free Cash Flow per Share Growth Rate was 80.50% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 6.50% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was 18.60% per year. During the past 10 years, the average Free Cash Flow per Share Growth Rate was 10.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.

During the past 13 years, the highest 3-Year average Free Cash Flow per Share Growth Rate of Magic Software Enterprises was 66.30% per year. The lowest was -182.10% per year. And the median was 8.10% per year.

Competitive Comparison of Magic Software Enterprises's 3-Year FCF Growth Rate

For the Information Technology Services subindustry, Magic Software Enterprises's 3-Year FCF Growth Rate, along with its competitors' market caps and 3-Year FCF Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Magic Software Enterprises's 3-Year FCF Growth Rate Distribution in the Software Industry

For the Software industry and Technology sector, Magic Software Enterprises's 3-Year FCF Growth Rate distribution charts can be found below:

* The bar in red indicates where Magic Software Enterprises's 3-Year FCF Growth Rate falls into.

Magic Software Enterprises 3-Year FCF Growth Rate Calculation

This is the 3-year average growth rate of Free Cash Flow per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.

Magic Software Enterprises (NAS:MGIC) 3-Year FCF Growth Rate Explanation

Free Cash Flow per Share is the amount of Free Cash Flow per outstanding share of the company's stock. Free Cash Flow is considered one of the most important parameters to measure a company's earnings power by value investors because it is not subject to estimates of Depreciation, Depletion and Amortization (DDA). However, when we look at the Free Cash Flow, we should look from a long term perspective, because any year's Free Cash Flow can be drastically affected by the spending on Property, Plant, & Equipment (PPE) of the business in that year. Over the long term, Free Cash Flow should give pretty good picture on the real earnings power of the company. It's used in the calculation of Forward Rate of Return (Yacktman) %.

Magic Software Enterprises 3-Year FCF Growth Rate Related Terms

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Magic Software Enterprises (Magic Software Enterprises) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Magic Software Enterprises Ltd (NAS:MGIC) » Definitions » 3-Year FCF Growth Rate

Comparable Companies

Traded in Other Exchanges

MGIC:Israel MGK:Germany MGK:Germany

Address

Yahadut Canada 1 Street, Or Yehuda, Or Yehuda, ISR, 6037501

Website

https://www.magicsoftware.com

Magic Software Enterprises Ltd is a software development company. The company's operating segment includes Software Services and IT Professional Services. It generates maximum revenue from the IT Professional Services segment. IT Professional Services segment offers advanced and flexible IT services in the areas of infrastructure design and delivery, application development, technology planning and implementation services, communications services and solutions, as well as supplemental outsourcing services. Geographically, it derives a majority of revenue from the United States and also has a presence in Israel; Europe; Japan, and Other countries.