MAGIC SOFTWARE ENTERPRISES LTD. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 9.71 USD | -5.08% |
|
-4.33% | +0.21% |
| 16/05 | Magic Software Enterprises Shares Fall After Lower Q1 Adjusted Earnings, Revenue | MT |
| 16/05 | Transcript : Magic Software Enterprises Ltd., Q1 2024 Earnings Call, May 16, 2024 |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Capitalization 1 | 478.5 | 767.3 | 1,027 | 786.6 | 475.7 | 476.8 | - |
| Enterprise Value (EV) 1 | 478.5 | 767.3 | 1,027 | 786.6 | 475.7 | 476.8 | 476.8 |
| P/E ratio | 23.9 x | 30.7 x | 34.9 x | 20.3 x | 12.9 x | 12.8 x | 12 x |
| Yield | - | - | - | - | - | - | - |
| Capitalization / Revenue | 1.47 x | 2.07 x | 2.14 x | 1.39 x | 0.89 x | 0.88 x | 0.85 x |
| EV / Revenue | 1.47 x | 2.07 x | 2.14 x | 1.39 x | 0.89 x | 0.88 x | 0.85 x |
| EV / EBITDA | - | - | - | - | - | - | - |
| EV / FCF | - | - | - | - | - | - | - |
| FCF Yield | - | - | - | - | - | - | - |
| Price to Book | - | - | - | - | - | - | - |
| Nbr of stocks (in thousands) | 48,928 | 49,027 | 49,073 | 49,093 | 49,093 | 49,099 | - |
| Reference price 2 | 9.780 | 15.65 | 20.93 | 16.02 | 9.690 | 9.710 | 9.710 |
| Announcement Date | 09/03/20 | 08/03/21 | 02/03/22 | 09/03/23 | 13/03/24 | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | 325.6 | 371.2 | 480.3 | 566.8 | 535.1 | 543.9 | 563 |
| EBITDA | - | - | - | - | - | - | - |
| EBIT 1 | 43.94 | 52.63 | 66.82 | 74.15 | 57.11 | 60.6 | 64 |
| Operating Margin | 13.5% | 14.18% | 13.91% | 13.08% | 10.67% | 11.14% | 11.37% |
| Earnings before Tax (EBT) 1 | 32.47 | 37.4 | 45.26 | 57.42 | 52.49 | 53.6 | 56.9 |
| Net income 1 | 20.27 | 25.19 | 29.33 | 38.88 | 37.03 | 37.2 | 39.8 |
| Net margin | 6.22% | 6.79% | 6.11% | 6.86% | 6.92% | 6.84% | 7.07% |
| EPS 2 | 0.4100 | 0.5100 | 0.6000 | 0.7900 | 0.7500 | 0.7600 | 0.8100 |
| Free Cash Flow | - | - | - | - | - | - | - |
| FCF margin | - | - | - | - | - | - | - |
| FCF Conversion (EBITDA) | - | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - |
| Announcement Date | 09/03/20 | 08/03/21 | 02/03/22 | 09/03/23 | 13/03/24 | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 120.9 | 133 | 138.7 | 137 | 144 | 147.1 | 142.4 | 137.6 | - | 125.5 | 130.7 | 132.1 | 137.3 | 143.9 | 143.8 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT 1 | 16.17 | 19.76 | 18.91 | 17.56 | 18.5 | 19.18 | 18.45 | 18.45 | 13.33 | 12.98 | 18.14 | 14.2 | 15.5 | 16.5 | - |
| Operating Margin | 13.38% | 14.85% | 13.63% | 12.82% | 12.85% | 13.03% | 12.96% | 13.41% | - | 10.34% | 13.88% | 10.75% | 11.29% | 11.47% | - |
| Earnings before Tax (EBT) 1 | 10.97 | 11.84 | 14.37 | 14.51 | 15.3 | 13.53 | 14.65 | 15.13 | 11.63 | 11.08 | 12.78 | 12.4 | 13.7 | 14.7 | - |
| Net income 1 | 7.497 | 6.512 | 9.618 | 8 | 11.52 | 9.64 | 10.11 | 11.29 | 7.146 | 8.483 | 8.797 | 8.5 | 9.5 | 10.4 | - |
| Net margin | 6.2% | 4.9% | 6.93% | 5.84% | 8% | 6.55% | 7.1% | 8.21% | - | 6.76% | 6.73% | 6.43% | 6.92% | 7.23% | - |
| EPS 2 | 0.1500 | 0.1300 | 0.2000 | 0.1600 | 0.2300 | 0.2300 | 0.2000 | 0.2300 | 0.1500 | 0.1700 | 0.1800 | 0.1700 | 0.1900 | 0.2100 | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 15/11/21 | 02/03/22 | 12/05/22 | 11/08/22 | 14/11/22 | 09/03/23 | 18/05/23 | 14/08/23 | 14/11/23 | 13/03/24 | 16/05/24 | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Net Debt | - | - | - | - | - | - | - |
| Net Cash position | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - |
| ROE (net income / shareholders' equity) | - | - | - | - | - | - | - |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - |
| Book Value Per Share | - | - | - | - | - | - | - |
| Cash Flow per Share | - | - | - | - | - | - | - |
| Capex | - | - | - | - | - | - | - |
| Capex / Sales | - | - | - | - | - | - | - |
| Announcement Date | 09/03/20 | 08/03/21 | 02/03/22 | 09/03/23 | 13/03/24 | - | - |
1USD in Million
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
C-
Sell
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
9.71
USD
Average target price
14
USD
Spread / Average Target
+44.18%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +0.21% | 48Cr | |
| +16.55% | 9.2TCr | |
| +14.38% | 8.54TCr | |
| +43.04% | 5.47TCr | |
| -19.43% | 4.96TCr | |
| +35.81% | 4.78TCr | |
| +83.19% | 4.26TCr | |
| -29.60% | 4.36TCr | |
| -1.19% | 2.78TCr | |
| -22.51% | 2.27TCr |
- Stock Market
- Equities
- MGIC Stock
- Financials Magic Software Enterprises Ltd.
