Magic Total Revenue vs Ebitda Analysis
MGIC Stock | USD 12.58 0.63 5.27% |
Magic Software financial indicator trend analysis is infinitely more than just investigating Magic Software Enter recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Magic Software Enter is a good investment. Please check the relationship between Magic Software Total Revenue and its Ebitda accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magic Software Enterprises. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Total Revenue vs Ebitda
Total Revenue vs Ebitda Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Magic Software Enter Total Revenue account and Ebitda. At this time, the significance of the direction appears to have totally related.
The correlation between Magic Software's Total Revenue and Ebitda is 0.99. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Ebitda in the same time period over historical financial statements of Magic Software Enterprises, assuming nothing else is changed. The correlation between historical values of Magic Software's Total Revenue and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Magic Software Enterprises are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Total Revenue i.e., Magic Software's Total Revenue and Ebitda go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Revenue
Total revenue comprises all receipts Magic Software Enter generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Ebitda
Most indicators from Magic Software's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Magic Software Enter current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magic Software Enterprises. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. The current year's Enterprise Value is expected to grow to about 502.4 M, whereas Selling General Administrative is forecasted to decline to about 21.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 133.0M | 155.4M | 153.0M | 160.6M | Total Revenue | 480.3M | 566.8M | 535.1M | 561.8M |
Magic Software fundamental ratios Correlations
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Magic Software Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Magic Software fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 407.5M | 443.3M | 492.0M | 511.0M | 522.4M | 548.5M | |
Other Current Liab | 36.3M | 43.4M | 74.9M | 103.1M | 66.4M | 69.7M | |
Total Current Liabilities | 66.9M | 84.8M | 106.3M | 132.6M | 141.7M | 148.8M | |
Total Stockholder Equity | 247.8M | 260.4M | 265.2M | 263.7M | 266.0M | 279.3M | |
Property Plant And Equipment Net | 18.6M | 30.5M | 30.2M | 36.5M | 33.7M | 35.4M | |
Net Debt | (44.3M) | (38.7M) | (26.0M) | (3.3M) | 2.8M | 2.9M | |
Retained Earnings | 28.4M | 39.7M | 43.2M | 86.3M | 92.5M | 97.1M | |
Accounts Payable | 11.0M | 14.3M | 24.7M | 27.6M | 28.4M | 29.8M | |
Cash | 81.9M | 88.1M | 88.1M | 83.1M | 105.9M | 111.2M | |
Non Current Assets Total | 202.4M | 232.1M | 245.3M | 260.0M | 265.8M | 279.1M | |
Non Currrent Assets Other | 4.0M | 4.7M | 3.6M | 2.3M | (1.0) | (0.95) | |
Cash And Short Term Investments | 95.5M | 89.7M | 94.8M | 87.0M | 106.7M | 112.0M | |
Net Receivables | 109.5M | 114.7M | 145.7M | 155.2M | 139.6M | 146.5M | |
Common Stock Shares Outstanding | 49.0M | 49.0M | 49.1M | 49.1M | 49.1M | 35.1M | |
Liabilities And Stockholders Equity | 407.5M | 443.3M | 492.0M | 511.0M | 522.4M | 548.5M | |
Non Current Liabilities Total | 54.0M | 64.5M | 79.7M | 73.1M | 89.8M | 94.3M | |
Inventory | (3.7M) | (1.1M) | (1.2M) | 1.0 | (6.9M) | 1.05 | |
Other Current Assets | 7.6M | 10.5M | 11.0M | 11.0M | 10.4M | 10.9M | |
Other Stockholder Equity | 218.6M | 211.7M | 184.0M | 182.0M | 182.6M | 125.9M | |
Total Liab | 120.9M | 149.3M | 185.9M | 205.7M | 231.5M | 243.0M | |
Total Current Assets | 205.1M | 211.2M | 246.8M | 251.0M | 256.6M | 269.5M | |
Short Long Term Debt Total | 37.6M | 49.4M | 62.1M | 79.8M | 108.7M | 114.2M | |
Short Term Debt | 10.9M | 18.4M | 20.4M | 25.3M | 33.3M | 35.0M | |
Intangible Assets | 51.1M | 53.4M | 51.4M | 52.1M | 50.7M | 36.0M | |
Common Stock | 1.2M | 1.2M | 1.2M | 1.2M | 1.3M | 995.2K | |
Accumulated Other Comprehensive Income | (324K) | 7.8M | 9.3M | (6.6M) | (10.3M) | (9.8M) | |
Other Liab | 24.5M | 34.1M | 36.6M | 18.5M | 21.3M | 22.3M | |
Current Deferred Revenue | 8.7M | 8.8M | 10.8M | 10.9M | 13.5M | 14.2M | |
Other Assets | 12.1M | 16.6M | 16.9M | 13.3M | 15.3M | 16.1M | |
Long Term Debt | 15.5M | 13.4M | 22.2M | 30.4M | 52.3M | 54.9M | |
Good Will | 117.7M | 135.7M | 146.8M | 158.7M | 166.1M | 174.4M | |
Property Plant Equipment | 18.3M | 30.3M | 30.2M | 36.5M | 42.0M | 44.1M | |
Common Stock Total Equity | 1.0M | 1.2M | 1.2M | 1.2M | 1.3M | 1.0M | |
Property Plant And Equipment Gross | 18.6M | 30.5M | 30.2M | 36.5M | 49.2M | 51.6M | |
Short Term Investments | 13.6M | 1.5M | 6.7M | 3.9M | 751K | 713.5K | |
Net Tangible Assets | 78.7M | 71.2M | 67.1M | 53.5M | 48.1M | 57.4M | |
Short Long Term Debt | 7.1M | 11.5M | 15.0M | 20.7M | 28.9M | 30.4M |
Also Currently Popular
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.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:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magic Software Enterprises. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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.