Magic Financial Statements From 2010 to 2024
| MGIC Stock | ILA 4,400 66.00 1.48% |
Check Magic Software financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Magic main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Magic financial statements analysis is a perfect complement when working with Magic Software Valuation or Volatility modules.
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 Software Enter Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Magic Software's current stock value. Our valuation model uses many indicators to compare Magic Software value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Magic Software competition to find correlations between indicators driving Magic Software's intrinsic value. More Info.Magic Software Enterprises is considered to be number one stock in return on equity category among related companies. It is considered to be number one stock in return on asset category among related companies reporting about 0.55 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Magic Software Enterprises is roughly 1.83 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Magic Software by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Magic Software's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Magic Software's earnings, one of the primary drivers of an investment's value.About Magic Software Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Magic Software income statement, its balance sheet, and the statement of cash flows. Magic Software investors use historical funamental indicators, such as Magic Software's revenue or net income, to determine how well the company is positioned to perform in the future. Although Magic Software investors may use each financial statement separately, they are all related. The changes in Magic Software's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Magic Software's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Magic Software Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Magic Software. Please read more on our technical analysis and fundamental analysis pages.
Magic Software Enterprises Ltd. provides proprietary application development, business process integration, vertical software solutions, and information technologies outsourcing software services in Israel and internationally. Magic Software Enterprises Ltd. was incorporated in 1983 and is headquartered in Or Yehuda, Israel. MAGIC SOFTWARE operates under Information Technology Services classification in Israel and is traded on Tel Aviv Stock Exchange. It employs 3677 people.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Magic Software in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Magic Software's short interest history, or implied volatility extrapolated from Magic Software options trading.
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 the analysis of Magic Software Correlation against competitors. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
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.
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments |