Magic Software Enterprises Ltd
Magic Software Enterprises Ltd. provides proprietary application development, vertical software solutions, business process integration, information technologies (IT) outsourcing software services, and cloud-based services worldwide. It operates in two segments, Software Services and IT Professional Services. The Software Services segment develops, markets, sells, and supports proprietary and non… Read more
Magic Software Enterprises Ltd (MGIC) - Net Assets
Latest net assets as of September 2025: $300.83 Million USD
Based on the latest financial reports, Magic Software Enterprises Ltd (MGIC) has net assets worth $300.83 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($559.81 Million) and total liabilities ($258.98 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $300.83 Million |
| % of Total Assets | 53.74% |
| Annual Growth Rate | 11.11% |
| 5-Year Change | 2.41% |
| 10-Year Change | 51.4% |
| Growth Volatility | 44.69 |
Magic Software Enterprises Ltd - Net Assets Trend (1991–2024)
This chart illustrates how Magic Software Enterprises Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Magic Software Enterprises Ltd (1991–2024)
The table below shows the annual net assets of Magic Software Enterprises Ltd from 1991 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $301.07 Million | +3.48% |
| 2023-12-31 | $290.94 Million | -4.69% |
| 2022-12-31 | $305.27 Million | -0.27% |
| 2021-12-31 | $306.10 Million | +4.12% |
| 2020-12-31 | $293.98 Million | +2.57% |
| 2019-12-31 | $286.61 Million | +3.99% |
| 2018-12-31 | $275.60 Million | +15.12% |
| 2017-12-31 | $239.40 Million | +7.53% |
| 2016-12-31 | $222.64 Million | +11.96% |
| 2015-12-31 | $198.85 Million | +4.22% |
| 2014-12-31 | $190.80 Million | +46.18% |
| 2013-12-31 | $130.52 Million | +8.52% |
| 2012-12-31 | $120.28 Million | +14.19% |
| 2011-12-31 | $105.33 Million | +18.53% |
| 2010-12-31 | $88.86 Million | +55.39% |
| 2009-12-31 | $57.19 Million | -14.33% |
| 2008-12-31 | $66.75 Million | +9.00% |
| 2007-12-31 | $61.24 Million | +28.19% |
| 2006-12-31 | $47.77 Million | -9.57% |
| 2005-12-31 | $52.83 Million | -12.49% |
| 2004-12-31 | $60.38 Million | +9.02% |
| 2003-12-31 | $55.38 Million | -11.03% |
| 2002-12-31 | $62.25 Million | -8.82% |
| 2001-12-31 | $68.27 Million | -37.74% |
| 2000-12-31 | $109.66 Million | +215.44% |
| 1999-12-31 | $34.76 Million | +103.29% |
| 1998-12-31 | $17.10 Million | +50.00% |
| 1997-12-31 | $11.40 Million | -48.42% |
| 1996-12-31 | $22.10 Million | +46.36% |
| 1995-12-31 | $15.10 Million | +1.34% |
| 1994-12-31 | $14.90 Million | -5.10% |
| 1993-12-31 | $15.70 Million | +42.73% |
| 1992-12-31 | $11.00 Million | +18.28% |
| 1991-12-31 | $9.30 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Magic Software Enterprises Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 8192.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $107.80 Million | 38.89% |
| Common Stock | $1.17 Million | 0.42% |
| Other Comprehensive Income | $-12.11 Million | -4.37% |
| Other Components | $180.34 Million | 65.06% |
| Total Equity | $277.19 Million | 100.00% |
Magic Software Enterprises Ltd Competitors by Market Cap
The table below lists competitors of Magic Software Enterprises Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Anbio Biotechnology Class A Ordinary Shares
NASDAQ:NNNN
|
$853.36 Million |
|
Compania de Transporte de Energia Electrica en Alta Tension Transener SA
BA:TRAN
|
$853.67 Million |
|
Sun Country Airlines Holdings Inc
NASDAQ:SNCY
|
$853.86 Million |
|
Rianlon Corp
SHE:300596
|
$854.08 Million |
|
Sichuan Swellfun Co Ltd
SHG:600779
|
$853.07 Million |
|
Jeju Semiconductor Corp
KQ:080220
|
$852.73 Million |
|
Samhaellsbyggnadsbolaget i Norden AB Series D
ST:SBB-D
|
$852.70 Million |
|
DCM Holdings Co., Ltd.
PINK:DCMJF
|
$852.57 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Magic Software Enterprises Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 265,981,000 to 277,190,000, a change of 11,209,000 (4.2%).
- Net income of 36,883,000 contributed positively to equity growth.
- Dividend payments of 10,016,000 reduced retained earnings.
- Other comprehensive income decreased equity by 1,800,000.
- Other factors decreased equity by 13,858,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $36.88 Million | +13.31% |
| Dividends Paid | $10.02 Million | -3.61% |
| Other Comprehensive Income | $-1.80 Million | -0.65% |
| Other Changes | $-13.86 Million | -5.0% |
| Total Change | $- | 4.21% |
Book Value vs Market Value Analysis
This analysis compares Magic Software Enterprises Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 991.23x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 4628.62x to 991.23x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1991-12-31 | $1.21 | $5596.00 | x |
| 1992-12-31 | $1.02 | $5596.00 | x |
| 1993-12-31 | $1.38 | $5596.00 | x |
| 1994-12-31 | $1.17 | $5596.00 | x |
| 1995-12-31 | $1.13 | $5596.00 | x |
| 1996-12-31 | $1.57 | $5596.00 | x |
| 1997-12-31 | $0.78 | $5596.00 | x |
| 1998-12-31 | $0.97 | $5596.00 | x |
| 1999-12-31 | $1.33 | $5596.00 | x |
| 2000-12-31 | $3.57 | $5596.00 | x |
| 2001-12-31 | $2.25 | $5596.00 | x |
| 2002-12-31 | $2.05 | $5596.00 | x |
| 2003-12-31 | $1.76 | $5596.00 | x |
| 2004-12-31 | $1.83 | $5596.00 | x |
| 2005-12-31 | $1.70 | $5596.00 | x |
| 2006-12-31 | $1.52 | $5596.00 | x |
| 2007-12-31 | $1.89 | $5596.00 | x |
| 2008-12-31 | $2.08 | $5596.00 | x |
| 2009-12-31 | $1.78 | $5596.00 | x |
| 2010-12-31 | $2.72 | $5596.00 | x |
| 2011-12-31 | $2.83 | $5596.00 | x |
| 2012-12-31 | $3.17 | $5596.00 | x |
| 2013-12-31 | $3.41 | $5596.00 | x |
| 2014-12-31 | $4.27 | $5596.00 | x |
| 2015-12-31 | $4.30 | $5596.00 | x |
| 2016-12-31 | $4.37 | $5596.00 | x |
| 2017-12-31 | $4.71 | $5596.00 | x |
| 2018-12-31 | $5.21 | $5596.00 | x |
| 2019-12-31 | $5.06 | $5596.00 | x |
| 2020-12-31 | $5.31 | $5596.00 | x |
| 2021-12-31 | $5.40 | $5596.00 | x |
| 2022-12-31 | $5.37 | $5596.00 | x |
| 2023-12-31 | $5.42 | $5596.00 | x |
| 2024-12-31 | $5.65 | $5596.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Magic Software Enterprises Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 13.31%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.68%
- • Asset Turnover: 1.02x
- • Equity Multiplier: 1.95x
- Recent ROE (13.31%) is above the historical average (1.65%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1991 | 10.75% | 18.52% | 0.51x | 1.13x | $70.00K |
| 1992 | 11.82% | 13.00% | 0.75x | 1.22x | $200.00K |
| 1993 | 15.92% | 14.79% | 0.86x | 1.25x | $930.00K |
| 1994 | -9.40% | -6.54% | 1.07x | 1.34x | $-2.89 Million |
| 1995 | -2.65% | -1.57% | 1.03x | 1.63x | $-1.91 Million |
| 1996 | 6.36% | 3.85% | 1.07x | 1.55x | $-800.00K |
| 1997 | -92.11% | -28.07% | 1.28x | 2.56x | $-11.64 Million |
| 1998 | -38.01% | -16.75% | 1.18x | 1.93x | $-8.21 Million |
| 1999 | 32.23% | 17.04% | 1.13x | 1.68x | $7.52 Million |
| 2000 | 0.84% | 1.02% | 0.65x | 1.26x | $-10.02 Million |
| 2001 | -63.96% | -55.88% | 0.81x | 1.41x | $-49.48 Million |
| 2002 | -9.28% | -9.44% | 0.71x | 1.39x | $-11.77 Million |
| 2003 | 5.69% | 4.84% | 0.81x | 1.44x | $-2.33 Million |
| 2004 | 6.87% | 6.28% | 0.81x | 1.35x | $-1.86 Million |
| 2005 | -8.81% | -7.55% | 0.83x | 1.41x | $-9.84 Million |
| 2006 | -10.51% | -8.11% | 0.88x | 1.47x | $-9.77 Million |
| 2007 | 20.59% | 21.58% | 0.71x | 1.34x | $6.48 Million |
| 2008 | 6.75% | 7.27% | 0.75x | 1.24x | $-2.17 Million |
| 2009 | 10.80% | 11.16% | 0.63x | 1.53x | $457.20K |
| 2010 | 10.55% | 10.58% | 0.80x | 1.25x | $488.50K |
| 2011 | 14.35% | 13.27% | 0.85x | 1.27x | $4.56 Million |
| 2012 | 13.74% | 12.81% | 0.83x | 1.29x | $4.40 Million |
| 2013 | 12.50% | 10.95% | 0.87x | 1.30x | $3.17 Million |
| 2014 | 8.33% | 9.37% | 0.73x | 1.21x | $-3.09 Million |
| 2015 | 8.48% | 9.20% | 0.73x | 1.26x | $-2.90 Million |
| 2016 | 7.28% | 7.03% | 0.64x | 1.63x | $-5.30 Million |
| 2017 | 7.34% | 5.99% | 0.75x | 1.63x | $-5.59 Million |
| 2018 | 8.15% | 6.99% | 0.78x | 1.49x | $-4.51 Million |
| 2019 | 8.18% | 6.22% | 0.80x | 1.64x | $-4.52 Million |
| 2020 | 9.67% | 6.79% | 0.84x | 1.70x | $-856.70K |
| 2021 | 11.22% | 6.20% | 0.98x | 1.86x | $3.24 Million |
| 2022 | 15.35% | 7.14% | 1.11x | 1.94x | $14.10 Million |
| 2023 | 13.92% | 6.92% | 1.02x | 1.96x | $10.43 Million |
| 2024 | 13.31% | 6.68% | 1.02x | 1.95x | $9.16 Million |
Industry Comparison
This section compares Magic Software Enterprises Ltd's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $1,400,467,175
- Average return on equity (ROE) among peers: 13.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Magic Software Enterprises Ltd (MGIC) | $300.83 Million | 10.75% | 0.86x | $853.35 Million |
| Accenture plc (ACN) | $8.19 Billion | 50.21% | 1.52x | $121.95 Billion |
| adesso SE (ADSGF) | $34.37 Million | 11.38% | 1.03x | $184.00 Million |
| Atlantic Energy Solutions Inc (AESO) | $1.19 Million | 45.06% | 4.65x | $69.73 |
| Atos SE (AEXAF) | $784.10 Million | 9.03% | 2.64x | $64.82K |
| AGILQ (AGILQ) | $79.87 Million | -25.27% | 1.69x | $5.00K |
| Alithya Group Inc (ALYAF) | $26.79 Million | -22.19% | 1.46x | $59.69 Million |
| Amadeus IT Group S.A (AMADF) | $2.65 Billion | 37.85% | 1.98x | $28.16 Billion |
| Amadeus IT Holding SA PK (AMADY) | $2.30 Billion | 29.77% | 2.05x | $24.80 Billion |
| Applied Digital Corporation (APLD) | $-2.53K | 0.00% | 0.00x | $6.50 Billion |
| Amper S.A. (APMRF) | $-57.50 Million | 0.00% | 0.00x | $216.95 Million |