Magic Software Enterprises Stock Number Of Shares Shorted

MGIC Stock

USD 12.69 0.17 1.32%

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.

Other Current Liab Total Assets

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Magic Software Enterprises Company Number Of Shares Shorted Analysis

Magic Software's Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.

Shares Shorted

Shorted by Public

+

by Institutions

More About Number Of Shares Shorted | All Equity Analysis

Current Magic Software Number Of Shares Shorted

21.59 K

Most of Magic Software's fundamental indicators, such as Number Of Shares Shorted, 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.

Magic Number Of Shares Shorted Driver Correlations

Understanding the fundamental principles of building solid financial models for Magic Software is extremely important. It helps to project a fair market value of Magic Stock properly, considering its historical fundamentals such as Number Of Shares Shorted. Since Magic Software's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Magic Software's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Magic Software's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Current Deferred Revenue	Long Term Debt	Good Will	Treasury Stock	Property Plant Equipment	Short Term Investments	Net Tangible Assets	Short Long Term Debt	Deferred Long Term Liab	Long Term Investments	Long Term Debt Total	Capital Surpluse	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.96	0.3	0.89	0.93	0.99	0.96	0.99	0.89	0.79	0.83	0.53	0.82	0.97	-0.23	0.8	-0.03	0.23	0.83	0.83	0.72	0.67	0.83	0.84	0.0	0.53
Total Stockholder Equity	0.96		0.03	0.77	0.81	0.93	0.84	0.97	0.76	0.85	0.92	0.31	0.69	0.87	-0.43	0.63	0.15	0.44	0.68	0.79	0.64	0.63	0.75	0.7	0.13	0.4
Net Debt	0.3	0.03		0.58	0.57	0.35	0.56	0.21	0.63	-0.1	-0.15	0.82	0.58	0.5	0.61	0.71	-0.67	-0.69	0.69	0.21	0.33	0.15	0.43	0.65	-0.53	0.61
Retained Earnings	0.89	0.77	0.58		0.95	0.9	0.95	0.87	0.96	0.51	0.6	0.75	0.9	0.94	0.14	0.9	-0.19	0.05	0.96	0.69	0.62	0.55	0.82	0.93	-0.26	0.72
Accounts Payable	0.93	0.81	0.57	0.95		0.95	0.98	0.91	0.96	0.58	0.65	0.69	0.87	0.96	0.0	0.89	-0.2	0.02	0.95	0.71	0.68	0.55	0.84	0.94	-0.14	0.66
Net Receivables	0.99	0.93	0.35	0.9	0.95		0.96	0.98	0.89	0.76	0.79	0.58	0.79	0.97	-0.2	0.82	-0.04	0.2	0.83	0.82	0.73	0.64	0.84	0.85	0.03	0.49
Total Liab	0.96	0.84	0.56	0.95	0.98	0.96		0.92	0.97	0.65	0.68	0.71	0.89	0.99	-0.01	0.91	-0.25	-0.01	0.94	0.77	0.71	0.62	0.85	0.93	-0.18	0.67
Total Current Assets	0.99	0.97	0.21	0.87	0.91	0.98	0.92		0.85	0.79	0.86	0.48	0.8	0.94	-0.25	0.74	0.1	0.34	0.8	0.84	0.71	0.68	0.82	0.8	0.08	0.5
Short Term Debt	0.89	0.76	0.63	0.96	0.96	0.89	0.97	0.85		0.48	0.58	0.79	0.86	0.95	0.14	0.95	-0.32	-0.02	0.98	0.65	0.69	0.48	0.86	0.96	-0.25	0.76
Intangible Assets	0.79	0.85	-0.1	0.51	0.58	0.76	0.65	0.79	0.48		0.89	0.03	0.54	0.68	-0.59	0.37	0.17	0.23	0.41	0.84	0.65	0.73	0.54	0.44	0.17	0.15
Common Stock	0.83	0.92	-0.15	0.6	0.65	0.79	0.68	0.86	0.58	0.89		0.07	0.54	0.7	-0.55	0.43	0.22	0.46	0.51	0.73	0.61	0.53	0.68	0.58	0.2	0.34
Current Deferred Revenue	0.53	0.31	0.82	0.75	0.69	0.58	0.71	0.48	0.79	0.03	0.07		0.64	0.71	0.64	0.88	-0.42	-0.23	0.78	0.4	0.48	0.24	0.67	0.79	-0.29	0.64
Long Term Debt	0.82	0.69	0.58	0.9	0.87	0.79	0.89	0.8	0.86	0.54	0.54	0.64		0.86	0.15	0.74	-0.12	-0.1	0.91	0.75	0.62	0.76	0.7	0.81	-0.29	0.78
Good Will	0.97	0.87	0.5	0.94	0.96	0.97	0.99	0.94	0.95	0.68	0.7	0.71	0.86		-0.02	0.9	-0.17	0.08	0.9	0.81	0.74	0.64	0.86	0.91	-0.1	0.61
Treasury Stock	-0.23	-0.43	0.61	0.14	0.0	-0.2	-0.01	-0.25	0.14	-0.59	-0.55	0.64	0.15	-0.02		0.26	-0.28	-0.36	0.21	-0.13	0.0	-0.15	0.11	0.19	-0.28	0.4
Property Plant Equipment	0.8	0.63	0.71	0.9	0.89	0.82	0.91	0.74	0.95	0.37	0.43	0.88	0.74	0.9	0.26		-0.48	-0.13	0.91	0.55	0.6	0.33	0.83	0.94	-0.3	0.69
Short Term Investments	-0.03	0.15	-0.67	-0.19	-0.2	-0.04	-0.25	0.1	-0.32	0.17	0.22	-0.42	-0.12	-0.17	-0.28	-0.48		0.75	-0.34	0.22	0.03	0.3	-0.1	-0.34	0.7	-0.39
Net Tangible Assets	0.23	0.44	-0.69	0.05	0.02	0.2	-0.01	0.34	-0.02	0.23	0.46	-0.23	-0.1	0.08	-0.36	-0.13	0.75		-0.11	0.16	0.03	0.07	0.16	-0.05	0.57	-0.19
Short Long Term Debt	0.83	0.68	0.69	0.96	0.95	0.83	0.94	0.8	0.98	0.41	0.51	0.78	0.91	0.9	0.21	0.91	-0.34	-0.11		0.6	0.61	0.49	0.8	0.95	-0.35	0.83
Deferred Long Term Liab	0.83	0.79	0.21	0.69	0.71	0.82	0.77	0.84	0.65	0.84	0.73	0.4	0.75	0.81	-0.13	0.55	0.22	0.16	0.6		0.84	0.89	0.73	0.62	0.23	0.35
Long Term Investments	0.72	0.64	0.33	0.62	0.68	0.73	0.71	0.71	0.69	0.65	0.61	0.48	0.62	0.74	0.0	0.6	0.03	0.03	0.61	0.84		0.65	0.81	0.67	0.27	0.39
Long Term Debt Total	0.67	0.63	0.15	0.55	0.55	0.64	0.62	0.68	0.48	0.73	0.53	0.24	0.76	0.64	-0.15	0.33	0.3	0.07	0.49	0.89	0.65		0.42	0.37	0.08	0.26
Capital Surpluse	0.83	0.75	0.43	0.82	0.84	0.84	0.85	0.82	0.86	0.54	0.68	0.67	0.7	0.86	0.11	0.83	-0.1	0.16	0.8	0.73	0.81	0.42		0.91	0.15	0.66
Net Invested Capital	0.84	0.7	0.65	0.93	0.94	0.85	0.93	0.8	0.96	0.44	0.58	0.79	0.81	0.91	0.19	0.94	-0.34	-0.05	0.95	0.62	0.67	0.37	0.91		-0.18	0.78
Net Working Capital	0.0	0.13	-0.53	-0.26	-0.14	0.03	-0.18	0.08	-0.25	0.17	0.2	-0.29	-0.29	-0.1	-0.28	-0.3	0.7	0.57	-0.35	0.23	0.27	0.08	0.15	-0.18		-0.46
Capital Stock	0.53	0.4	0.61	0.72	0.66	0.49	0.67	0.5	0.76	0.15	0.34	0.64	0.78	0.61	0.4	0.69	-0.39	-0.19	0.83	0.35	0.39	0.26	0.66	0.78	-0.46

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If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.

Competition

Predict Magic Software

Based on the recorded statements, Magic Software Enterprises has 21.59 K of outstending shares currently sold short by investors. This is 99.46% lower than that of the Software sector and 99.67% lower than that of the Information Technology industry. The number of shares shorted for all United States stocks is 99.54% higher than that of the company.

Magic Number Of Shares Shorted 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 Number Of Shares Shorted 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 number of shares shorted category among its peers.

Magic Software Current Valuation Drivers

We derive many important indicators used in calculating different scores of Magic Software from analyzing Magic Software's financial statements. These drivers represent accounts that assess Magic Software's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Magic Software's important valuation drivers and their relationship over time.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	478.2M	767.3M	1.0B	786.4M	475.7M	499.5M
Enterprise Value	433.9M	728.6M	1.0B	783.1M	478.5M	502.4M

Magic Software ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Magic Software's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Magic Software's managers, analysts, and investors.

Environmental

Governance

Social

Magic Fundamentals

	Return On Equity	0.14
	Return On Asset	0.0673
	Profit Margin	0.07 %
	Operating Margin	0.11 %
	Current Valuation	589.13 M
	Shares Outstanding	49.1 M
	Shares Owned By Insiders	47.09 %
	Shares Owned By Institutions	25.91 %
	Number Of Shares Shorted	21.59 K
	Price To Earning	35.52 X
	Price To Book	2.26 X
	Price To Sales	1.17 X
	Revenue	535.05 M
	Gross Profit	155.35 M
	EBITDA	82.27 M
	Net Income	37.03 M
	Cash And Equivalents	92.32 M
	Cash Per Share	1.88 X
	Total Debt	108.72 M
	Debt To Equity	0.27 %
	Current Ratio	2.31 X
	Book Value Per Share	5.42 X
	Cash Flow From Operations	68.99 M
	Short Ratio	0.70 X
	Earnings Per Share	0.70 X
	Price To Earnings To Growth	1.08 X
	Target Price	15.0
	Number Of Employees	3.63 K
	Beta	1.08
	Market Capitalization	614.23 M
	Total Asset	522.41 M
	Retained Earnings	92.52 M
	Working Capital	114.93 M
	Current Asset	135.3 M
	Current Liabilities	28.36 M
	Annual Yield	0.04 %
	Five Year Return	2.67 %
	Net Asset	522.41 M

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.

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

C	Citigroup
GM	General Motors
F	Ford Motor

When determining whether Magic Software Enter offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Magic Software's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Magic Software Enterprises Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Magic Software Enterprises Stock:

How To Invest In Magic

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Is Magic Stock a good investment?

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What is Magic Software's Net Worth?

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Check out Magic Software Piotroski F Score and Magic Software Altman Z Score analysis.

You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Magic Software. If investors know Magic will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Magic Software listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.10)

Earnings Share

0.7

Revenue Per Share

10.659

Quarterly Revenue Growth

(0.08)

Return On Assets

0.0673

The market value of Magic Software Enter is measured differently than its book value, which is the value of Magic that is recorded on the company's balance sheet. Investors also form their own opinion of Magic Software's value that differs from its market value or its book value, called intrinsic value, which is Magic Software's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Magic Software's market value can be influenced by many factors that don't directly affect Magic Software's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Magic Software's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magic Software is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magic Software's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Magic Software Enterprises Stock Number Of Shares Shorted

Magic Software Enterprises Company Number Of Shares Shorted Analysis

Shares Shorted

Shorted by Public

+

by Institutions

Current Magic Software Number Of Shares Shorted

Magic Number Of Shares Shorted Driver Correlations

Magic Number Of Shares Shorted Peer Comparison

Magic Software Current Valuation Drivers

Magic Software ESG Sustainability

Magic Fundamentals

About Magic Software Fundamental Analysis

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