Magic Software Enterprises (Magic Software Enterprises) 5-Year Yield-on-Cost %

: 16.19 (As of Today)

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Magic Software Enterprises's yield on cost for the quarter that ended in Sep. 2023 was 16.19.

The historical rank and industry rank for Magic Software Enterprises's 5-Year Yield-on-Cost % or its related term are showing as below:

MGIC' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 4.35 Med: 9.1 Max: 32.62
Current: 16.19

During the past 13 years, Magic Software Enterprises's highest Yield on Cost was 32.62. The lowest was 4.35. And the median was 9.10.

MGIC's 5-Year Yield-on-Cost % is ranked better than
96.25% of 934 companies
in the Software industry
Industry Median: 2.27 vs MGIC: 16.19

Competitive Comparison

For the Information Technology Services subindustry, Magic Software Enterprises's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % Distribution

For the Software industry and Technology sector, Magic Software Enterprises's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Magic Software Enterprises's 5-Year Yield-on-Cost % falls into.

Magic Software Enterprises 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Magic Software Enterprises is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Magic Software Enterprises (NAS:MGIC) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.

Magic Software Enterprises 5-Year Yield-on-Cost % 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 » 5-Year Yield-on-Cost %

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.