Magic Software Enterprises Ltd.

Magic Software Enterprises Ltd.

$11.95
-0.15 (-1.24%)
NASDAQ Global Select
USD, IL
Information Technology Services

MGIC Price Chart

Basic
Market Cap$543.04M
Price$11.95
52 Week Range8.4-12.99
Beta1.08
Margins
Gross Profit Margin28.42%
Operating Profit Margin10.77%
Net Profit Margin6.49%
Valuation (TTM)
P/E Ratio16.82
Price to Sales Ratio1.09
Price to Book Ratio2.09
PEG Ratio5.72

Industry

Information Technology Services

Sector

Technology

Full-Time Employees

3,628

IPO Date

1991-08-30T00:00:00.000Z

Description

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.

Phone

972 3 538 9292

Address

Terminal Center, Or Yehuda, 6037501, IL

CIK

0000876779