Magic Software Enterprises (FRA:MGK) Cyclically Adjusted Revenue per Share: €8.79 (As of Sep. 2025)

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FRA:MGK Magic Software Enterprises Ltd FRA:MGK
90 GF Score
Price €16.10
GF Value €12.26
! 1 Warning Sign
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What is Magic Software Enterprises Cyclically Adjusted Revenue per Share?

Magic Software Enterprises FRA:MGK 90 Cyclically Adjusted Revenue per Share is €8.79 as of Sep. 2025. GuruFocus rates FRA:MGK with a GF Score™ of 90/100 and a GF Value™ of €12.26. The stock has 1 warning sign investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

Magic Software Enterprises's adjusted revenue per share for the three months ended in Sep. 2025 was €2.805. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is €8.79 for the trailing ten years ended in Sep. 2025.

During the past 12 months, Magic Software Enterprises's average Cyclically Adjusted Revenue Growth Rate was 11.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 15.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 16.40% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 15.30% 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 Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Magic Software Enterprises was 18.10% per year. The lowest was -6.30% per year. And the median was 5.45% per year.

As of today (2026-08-17), Magic Software Enterprises's current stock price is €16.10. Magic Software Enterprises's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2025 was €8.79. Magic Software Enterprises's Cyclically Adjusted PS Ratio of today is 1.83.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Magic Software Enterprises was 4.18. The lowest was 1.05. And the median was 2.23.


Magic Software Enterprises  (FRA:MGK) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Magic Software Enterprises's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=16.10/8.79
=1.83

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Magic Software Enterprises was 4.18. The lowest was 1.05. And the median was 2.23.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Magic Software Enterprises Cyclically Adjusted Revenue per Share Related Terms


Magic Software Enterprises Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Magic Software Enterprises's Cyclically Adjusted Revenue per Share 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.

Magic Software Enterprises Cyclically Adjusted Revenue per Share Chart

Magic Software Enterprises Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.38 5.26 6.37 7.21 8.08

Magic Software Enterprises Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
Cyclically Adjusted Revenue per Share 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 7.90 8.08 8.35 8.58 8.79

FRA:MGK vs IBM, ACN, FISV: Cyclically Adjusted Revenue per Share Comparison

For the Information Technology Services subindustry, Magic Software Enterprises's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio 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 Cyclically Adjusted PS Ratio vs Software Industry

For the Software industry and Technology sector, Magic Software Enterprises's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Magic Software Enterprises's Cyclically Adjusted PS Ratio falls into.


FRA:MGK
90GF Score
Magic Software Enterprises Ltd FRA:MGK
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Magic Software Enterprises Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Magic Software Enterprises's adjusted Revenue per Share data for the three months ended in Sep. 2025 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Sep. 2025 (Change)*Current CPI (Sep. 2025)
=2.805/324.8000*324.8000
=2.805

Current CPI (Sep. 2025) = 324.8000.

Magic Software Enterprises Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201512 0.988 236.525 1.357
201603 0.902 238.132 1.230
201606 0.947 241.018 1.276
201609 1.090 241.428 1.466
201612 1.174 241.432 1.579
201703 1.275 243.801 1.699
201706 1.307 244.955 1.733
201709 1.235 246.819 1.625
201712 1.254 246.524 1.652
201803 1.267 249.554 1.649
201806 1.347 251.989 1.736
201809 1.263 252.439 1.625
201812 1.298 251.233 1.678
201903 1.297 254.202 1.657
201906 1.392 256.143 1.765
201909 1.591 256.759 2.013
201912 1.669 256.974 2.110
202003 1.572 258.115 1.978
202006 1.567 257.797 1.974
202009 1.643 260.280 2.050
202012 1.750 260.474 2.182
202103 1.836 264.877 2.251
202106 2.015 271.696 2.409
202109 2.092 274.310 2.477
202112 2.396 278.802 2.791
202203 2.566 287.504 2.899
202206 2.638 296.311 2.892
202209 2.960 296.808 3.239
202212 2.828 296.797 3.095
202303 2.708 301.836 2.914
202306 2.585 305.109 2.752
202309 2.470 307.789 2.607
202312 2.338 306.746 2.476
202403 2.449 312.332 2.547
202406 2.578 314.175 2.665
202409 2.624 315.301 2.703
202412 2.773 315.605 2.854
202503 2.776 319.799 2.819
202506 2.678 322.561 2.697
202509 2.805 324.800 2.805

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of €8.79 mean?
Magic Software Enterprises (FRA:MGK) has a Cyclically Adjusted Revenue per Share of €8.79 as of Sep. 2025. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Magic Software Enterprises and its competitors.
Is Magic Software Enterprises' Cyclically Adjusted Revenue per Share too high?
Magic Software Enterprises' current Cyclically Adjusted Revenue per Share is €8.79. Overall, Magic Software Enterprises has a GF Score™ of 90/100, reflecting its overall financial health beyond just this single metric.
How does Magic Software Enterprises' Cyclically Adjusted Revenue per Share compare to IBM and ACN?
Magic Software Enterprises' Cyclically Adjusted Revenue per Share of €8.79 can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Software company?
A good Cyclically Adjusted Revenue per Share depends on the Software industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Magic Software Enterprises and its competitors. Magic Software Enterprises's current Cyclically Adjusted Revenue per Share is €8.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magic Software Enterprises stock overvalued right now?
Magic Software Enterprises (FRA:MGK) has a current Cyclically Adjusted Revenue per Share of €8.79. The stock's GF Value™ is €12.26, compared to a current price of €16.10 — trading 31.3% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €8.79. Magic Software Enterprises' overall GF Score™ is 90/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Magic Software Enterprises (FRA:MGK), the current Cyclically Adjusted Revenue per Share is €8.79 as of Sep. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Magic Software Enterprises (FRA:MGK) Overvalued in 2026?

Based on GuruFocus' analysis, Magic Software Enterprises stock appears to be overvalued. The current stock price of €16.10 is trading 31.3% above its estimated GF Value™ of €12.26.

Key valuation signals for FRA:MGK:

  • Cyclically Adjusted Revenue per Share: €8.79
  • GF Value™: €12.26 vs. price of €16.10 (31.3% above fair value)
  • GF Score™: 90/100 with 1 warning sign

No single metric tells the full story. See the FRA:MGK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Magic Software Enterprises Business Description

Address Yahadut Canada 1 Street, Terminal Center, 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. The company generates maximum revenue from the IT Professional Services segment. IT Professional Services segment offers 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.
90GF Score

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Cyclically Adjusted Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€16.10
Price
€12.26
GF Value