Magic Software Enterprises Stock Return On Asset
MGIC Stock | ILA 4,400 66.00 1.48% |
Magic Software Enterprises fundamentals help investors to digest information that contributes to Magic Software's financial success or failures. It also enables traders to predict the movement of Magic Stock. The fundamental analysis module provides a way to measure Magic Software's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Magic Software stock.
Magic |
Magic Software Enterprises Company Return On Asset Analysis
Magic Software's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Magic Software Return On Asset | 0.0809 |
Most of Magic Software's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Magic Software Enterprises is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Competition |
Based on the latest financial disclosure, Magic Software Enterprises has a Return On Asset of 0.0809. This is 102.8% lower than that of the Technology sector and 95.3% lower than that of the Information Technology Services industry. The return on asset for all Israel stocks is 157.79% lower than that of the firm.
Magic Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Magic Software's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Magic Software could also be used in its relative valuation, which is a method of valuing Magic Software by comparing valuation metrics of similar companies.Magic Software is currently under evaluation in return on asset category among related companies.
Magic Fundamentals
Return On Equity | 0.15 | |||
Return On Asset | 0.0809 | |||
Profit Margin | 0.07 % | |||
Operating Margin | 0.11 % | |||
Current Valuation | 2.73 B | |||
Shares Outstanding | 49.09 M | |||
Shares Owned By Insiders | 47.62 % | |||
Shares Owned By Institutions | 22.07 % | |||
Price To Book | 3.18 X | |||
Price To Sales | 4.90 X | |||
Revenue | 480.32 M | |||
Gross Profit | 132.99 M | |||
EBITDA | 63.09 M | |||
Net Income | 29.33 M | |||
Cash And Equivalents | 92.32 M | |||
Cash Per Share | 1.88 X | |||
Total Debt | 22.17 M | |||
Debt To Equity | 0.27 % | |||
Current Ratio | 2.31 X | |||
Book Value Per Share | 5.13 X | |||
Cash Flow From Operations | 37.81 M | |||
Earnings Per Share | 2.23 X | |||
Price To Earnings To Growth | 2.31 X | |||
Number Of Employees | 3.68 K | |||
Beta | 1.15 | |||
Market Capitalization | 2.91 B | |||
Total Asset | 492.05 M | |||
Working Capital | 89 M | |||
Current Asset | 128 M | |||
Current Liabilities | 39 M | |||
Z Score | 78.6 | |||
Annual Yield | 0.03 % | |||
Five Year Return | 2.69 % | |||
Net Asset | 492.05 M | |||
Last Dividend Paid | 0.51 |
About Magic Software Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Magic Software Enterprises's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Magic Software using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Magic Software Enterprises based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magic Software Enterprises. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Complementary Tools for Magic Stock analysis
When running Magic Software's price analysis, check to measure Magic Software's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Magic Software is operating at the current time. Most of Magic Software's value examination focuses on studying past and present price action to predict the probability of Magic Software's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magic Software's price. Additionally, you may evaluate how the addition of Magic Software to your portfolios can decrease your overall portfolio volatility.
Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
Global Correlations Find global opportunities by holding instruments from different markets | |
Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
Equity Valuation Check real value of public entities based on technical and fundamental data | |
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
Money Managers Screen money managers from public funds and ETFs managed around the world | |
Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
Share Portfolio Track or share privately all of your investments from the convenience of any device | |
Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years |