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Magic Software Enterprises (Magic Software Enterprises) FCF Yield % : 12.52 (As of Apr. 30, 2024)


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What is Magic Software Enterprises FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, Magic Software Enterprises's Trailing 12-Month Free Cash Flow is $73.2 Mil, and Market Cap is $575.0 Mil. Therefore, Magic Software Enterprises's FCF Yield % for today is 12.52%.

The historical rank and industry rank for Magic Software Enterprises's FCF Yield % or its related term are showing as below:

MGIC' s FCF Yield % Range Over the Past 10 Years
Min: 3.13   Med: 6.24   Max: 18.47
Current: 12.52


During the past 13 years, the highest FCF Yield % of Magic Software Enterprises was 18.47%. The lowest was 3.13%. And the median was 6.24%.

MGIC's FCF Yield % is ranked better than
92.85% of 2825 companies
in the Software industry
Industry Median: 0.32 vs MGIC: 12.52

Magic Software Enterprises's FCF Margin % for the quarter that ended in Dec. 2023 was 8.64%.


Magic Software Enterprises FCF Yield % Historical Data

The historical data trend for Magic Software Enterprises's FCF Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Magic Software Enterprises FCF Yield % Chart

Magic Software Enterprises Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
FCF Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.45 6.02 3.80 6.22 15.38

Magic Software Enterprises Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
FCF Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.40 10.53 14.07 15.69 9.12

Competitive Comparison of Magic Software Enterprises's FCF Yield %

For the Information Technology Services subindustry, Magic Software Enterprises's FCF Yield %, along with its competitors' market caps and FCF Yield % 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 FCF Yield % Distribution in the Software Industry

For the Software industry and Technology sector, Magic Software Enterprises's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Magic Software Enterprises's FCF Yield % falls into.



Magic Software Enterprises FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

Magic Software Enterprises's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=73.162 / 475.772217
=15.38%

Magic Software Enterprises's annualized FCF Yield % for the quarter that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=10.846 * 4 / 475.772217
=9.12%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Magic Software Enterprises FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


Magic Software Enterprises FCF Yield % Related Terms

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Magic Software Enterprises (Magic Software Enterprises) Business Description

Traded in Other Exchanges
Address
Yahadut Canada 1 Street, Or Yehuda, Or Yehuda, ISR, 6037501
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.

Magic Software Enterprises (Magic Software Enterprises) Headlines