Earnings Summary

Magic Software Enterprises’s revenue fell -11.86% since last year same period to $125.55Mn in the Q4 2023. On a quarterly growth basis, Magic Software Enterprises has generated -3.04% fall in its revenue since last 3-months.

Magic Software Enterprises’s net profit fell -15.52% since last year same period to $8.54Mn in the Q4 2023. On a quarterly growth basis, Magic Software Enterprises has generated 19.49% jump in its net profits since last 3-months.

Magic Software Enterprises’s net profit margin fell -4.15% since last year same period to 6.8% in the Q4 2023. On a quarterly growth basis, Magic Software Enterprises has generated 23.24% jump in its net profit margins since last 3-months.

Magic Software Enterprises’s price-to-earnings ratio after this Q4 2023 earnings stands at 15.08.

Magic Software Enterprises’s earning per share (EPS) estimates for the current quarter stand at 0.21 - a 10.53% jump from last quarter’s estimates.

Magic Software Enterprises’s earning per share (EPS) estimates for the current year stand at 0.21.

Magic Software Enterprises’s earning per share (EPS) fell -14.29% since last year same period to 0.24 in the Q4 2023. This indicates that the Magic Software Enterprises has generated -14.29% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Magic Software Enterprises’s return on assets (ROA) stands at 0.07.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Magic Software Enterprises’s return on equity (ROE) stands at 0.15.