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MGIC

Magic Software Enterprises Ltd.

$17.94

Earnings Summary

Revenue
$138.71Mn
Net Profits
$9.62Mn
Net Profit Margins
6.93%
PE Ratio
31.74

Highlights

Revenue:

Magic Software Enterprises Ltd.’s revenue jumped 29.27% since last year same period to $138.71Mn in the Q1 2022. On a quarterly growth basis, Magic Software Enterprises Ltd. has generated 4.29% jump in its revenue since last 3-months.

Net Profits:

Magic Software Enterprises Ltd.’s net profit jumped 27.51% since last year same period to $9.62Mn in the Q1 2022. On a quarterly growth basis, Magic Software Enterprises Ltd. has generated 47.7% jump in its net profits since last 3-months.

Net Profit Margins:

Magic Software Enterprises Ltd.’s net profit margin fell -1.36% since last year same period to 6.93% in the Q1 2022. On a quarterly growth basis, Magic Software Enterprises Ltd. has generated 41.62% jump in its net profit margins since last 3-months.

PE Ratio:

Magic Software Enterprises Ltd.’s price-to-earnings ratio after this Q1 2022 earnings stands at 31.74.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Magic Software Enterprises Ltd. post its latest quarter earnings

EPS Estimate Current Quarter
0.26
EPS Estimate Current Year
0.26

Highlights

EPS Estimate Current Quarter:

Magic Software Enterprises Ltd.’s earning per share (EPS) estimates for the current quarter stand at 0.26 - a 4% jump from last quarter’s estimates.

EPS Estimate Current Year:

Magic Software Enterprises Ltd.’s earning per share (EPS) estimates for the current year stand at 0.26.

Key Ratios

Key ratios of the Magic Software Enterprises Ltd. post its Q1 2022 earnings

Earning Per Share (EPS)
0.26
Return on Assets (ROA)
0.08
Return on Equity (ROE)
0.13
Dividend Per Share (DPS)
0.51

Highlights

Earning Per Share (EPS):

Magic Software Enterprises Ltd.’s earning per share (EPS) jumped 23.81% since last year same period to 0.26 in the Q1 2022. This indicates that the Magic Software Enterprises Ltd. has generated 23.81% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

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 Ltd.’s return on assets (ROA) stands at 0.08.

Earning Per Share (EPS):

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 Ltd.’s return on equity (ROE) stands at 0.13.

Dividend Per Share (DPS):

Magic Software Enterprises Ltd. declared 0.51 dividend per share during the earnings announcement for Q1 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-03-31
0.25
0.26
4%

Company Information

Magic Software Enterprises Ltd. is a global provider of powerful and versatile end-to-end, on-premises and cloud-based integration and low-code application development platforms. With over 30 years of experience, 24 regional offices, millions of installations worldwide, and strategic alliances with global IT leaders, Magic enables its customers to seamlessly adopt new technologies and maximize business opportunities. Magic collaborates closely with its customers and thousands of business partners in 50 countries to accelerate their business performance.

Organisation
Magic Software Enterprises Ltd.
Headquarters
Po Box 5011, Or Yehuda, Israel
Employees
3.04K
Industry
Technology Services
CEO
Guy Bernstein