Magic Software Enterprises Ltd.
MGIC

$539.6 M
Marketcap
$10.99
Share price
Country
$0.02
Change (1 day)
$12.99
Year High
$8.40
Year Low

Magic Software Enterprises Ltd. provides proprietary application development, business process integration, vertical software solutions, and information technologies (IT) outsourcing software services in Israel and internationally. The company's Software Services segment develops, markets, sells, and supports application platform, software applications, and business and process integration solutions and related services. Its IT Professional Services segment offers IT services in the areas of infrastructure design and delivery, application development, technology planning and implementation services, communications services and solutions, and supplemental outsourcing services. The company offers proprietary application platforms, such as Magic xpa for developing and deploying business applications; AppBuilder for building, deploying, and maintaining high-end and mainframe-grade business applications; Magic xpi for application integration; FactoryEye for virtualization of production data; BusinessEye for organizational business intelligence; and Magic SmartUX for cross-platform mobile business applications. It also provides vertical software solutions comprising Clicks, a software solution for healthcare providers; Leap, a software solution for business support systems; Hermes Cargo, a packaged software solution for managing air cargo ground handling; HR Pulse, a single-tenant software as a service tool; MBS Solution, a system for managing TV broadcast management; Nativ, a system for management of rehabilitation centers; and Mobisale, a system for sales and distribution field activities for consumer goods manufacturers and wholesalers. In addition, the company provides software maintenance, support, training, and consulting services. The company was formerly known as Mashov Software Export (1983) Ltd. and changed its name to Magic Software Enterprises Ltd. in 1991. Magic Software Enterprises Ltd. was incorporated in 1983 and is headquartered in Or Yehuda, Israel.

marketcap

P/E ratio for Magic Software Enterprises Ltd. (MGIC)

P/E ratio as of 2023: 12.85

According to Magic Software Enterprises Ltd.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.85. At the end of 2022 the company had a P/E ratio of 19.43.

P/E ratio history for Magic Software Enterprises Ltd. from 1991 to 2023

PE ratio at the end of each year

Year P/E ratio
2023 12.85
2022 19.43
2021 34.49
2020 30.47
2019 23.60
2018 17.91
2017 25.04
2016 20.88
2015 15.11
2014 16.72
2013 16.63
2012 10.60
2011 12.46
2010 21.19
2009 11.83
2008 9.02
2007 4.73
2006 -14.06
2005 -10.20
2004 24.54
2003 44.00
2002 -6.68
2001 -1.39
2000 79.33
1999 45.93
1998 -3.71
1997 -1.87
1996 30.40
1995 -90.33
1994 -17.82
1993 21.59
1992 41.67
1991 19.85