Magic Software Enterprises Ltd (MGIC) - Net Assets

Latest as of September 2025: ILA300.83 Million ILA ≈ $806.51K USD

Based on the latest financial reports, Magic Software Enterprises Ltd (MGIC) has net assets worth ILA300.83 Million ILA (≈ $806.51K USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA559.81 Million ≈ $1.50 Million USD) and total liabilities (ILA258.98 Million ≈ $694.31K USD). 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. Check financial resilience of Magic Software Enterprises Ltd to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets ILA300.83 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. Also explore MGIC asset base for the complete picture of this company's asset base.

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. For live valuation and market cap data, see Magic Software Enterprises Ltd (MGIC) total market value.

Year Net Assets Change
2024-12-31 ILA301.07 Million
≈ $807.16K		 +3.48%
2023-12-31 ILA290.94 Million
≈ $780.01K		 -4.69%
2022-12-31 ILA305.27 Million
≈ $818.41K		 -0.27%
2021-12-31 ILA306.10 Million
≈ $820.64K		 +4.12%
2020-12-31 ILA293.98 Million
≈ $788.16K		 +2.57%
2019-12-31 ILA286.61 Million
≈ $768.40K		 +3.99%
2018-12-31 ILA275.60 Million
≈ $738.88K		 +15.12%
2017-12-31 ILA239.40 Million
≈ $641.83K		 +7.53%
2016-12-31 ILA222.64 Million
≈ $596.89K		 +11.96%
2015-12-31 ILA198.85 Million
≈ $533.11K		 +4.22%
2014-12-31 ILA190.80 Million
≈ $511.52K		 +46.18%
2013-12-31 ILA130.52 Million
≈ $349.92K		 +8.52%
2012-12-31 ILA120.28 Million
≈ $322.46K		 +14.19%
2011-12-31 ILA105.33 Million
≈ $282.39K		 +18.53%
2010-12-31 ILA88.86 Million
≈ $238.24K		 +55.39%
2009-12-31 ILA57.19 Million
≈ $153.32K		 -14.33%
2008-12-31 ILA66.75 Million
≈ $178.97K		 +9.00%
2007-12-31 ILA61.24 Million
≈ $164.19K		 +28.19%
2006-12-31 ILA47.77 Million
≈ $128.08K		 -9.57%
2005-12-31 ILA52.83 Million
≈ $141.64K		 -12.49%
2004-12-31 ILA60.38 Million
≈ $161.87K		 +9.02%
2003-12-31 ILA55.38 Million
≈ $148.47K		 -11.03%
2002-12-31 ILA62.25 Million
≈ $166.89K		 -8.82%
2001-12-31 ILA68.27 Million
≈ $183.03K		 -37.74%
2000-12-31 ILA109.66 Million
≈ $293.98K		 +215.44%
1999-12-31 ILA34.76 Million
≈ $93.20K		 +103.29%
1998-12-31 ILA17.10 Million
≈ $45.84K		 +50.00%
1997-12-31 ILA11.40 Million
≈ $30.56K		 -48.42%
1996-12-31 ILA22.10 Million
≈ $59.25K		 +46.36%
1995-12-31 ILA15.10 Million
≈ $40.48K		 +1.34%
1994-12-31 ILA14.90 Million
≈ $39.95K		 -5.10%
1993-12-31 ILA15.70 Million
≈ $42.09K		 +42.73%
1992-12-31 ILA11.00 Million
≈ $29.49K		 +18.28%
1991-12-31 ILA9.30 Million
≈ $24.93K		 --

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 ILA107.80 Million 38.89%
Common Stock ILA1.17 Million 0.42%
Other Comprehensive Income ILA-12.11 Million -4.37%
Other Components ILA180.34 Million 65.06%
Total Equity ILA277.19 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
Wuhan Sanzhen Industry Holding Co Ltd
SHG:600168
 $737.00 Million
GH RESEARCH PLC DL-025
F:1KA
 $737.24 Million
Changzhou Galaxy Century Microelectronics Co Ltd
SHG:688689
 $737.34 Million
Nuveen Select Tax-Free Income Portfolio
NYSE:NXP
 $737.45 Million
Tamar Petroleum Ltd
TA:TMRP
 $736.54 Million
Pharmicell
KO:005690
 $736.42 Million
Minerva S.A
SA:BEEF3
 $736.26 Million
EuroTeleSites AG
F:7YF
 $735.93 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 ILA36.88 Million +13.31%
Dividends Paid ILA10.02 Million -3.61%
Other Comprehensive Income ILA-1.80 Million -0.65%
Other Changes ILA-13.86 Million -5.0%
Total Change ILA- 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 ILA1.21 ILA5596.00 x
1992-12-31 ILA1.02 ILA5596.00 x
1993-12-31 ILA1.38 ILA5596.00 x
1994-12-31 ILA1.17 ILA5596.00 x
1995-12-31 ILA1.13 ILA5596.00 x
1996-12-31 ILA1.57 ILA5596.00 x
1997-12-31 ILA0.78 ILA5596.00 x
1998-12-31 ILA0.97 ILA5596.00 x
1999-12-31 ILA1.33 ILA5596.00 x
2000-12-31 ILA3.57 ILA5596.00 x
2001-12-31 ILA2.25 ILA5596.00 x
2002-12-31 ILA2.05 ILA5596.00 x
2003-12-31 ILA1.76 ILA5596.00 x
2004-12-31 ILA1.83 ILA5596.00 x
2005-12-31 ILA1.70 ILA5596.00 x
2006-12-31 ILA1.52 ILA5596.00 x
2007-12-31 ILA1.89 ILA5596.00 x
2008-12-31 ILA2.08 ILA5596.00 x
2009-12-31 ILA1.78 ILA5596.00 x
2010-12-31 ILA2.72 ILA5596.00 x
2011-12-31 ILA2.83 ILA5596.00 x
2012-12-31 ILA3.17 ILA5596.00 x
2013-12-31 ILA3.41 ILA5596.00 x
2014-12-31 ILA4.27 ILA5596.00 x
2015-12-31 ILA4.30 ILA5596.00 x
2016-12-31 ILA4.37 ILA5596.00 x
2017-12-31 ILA4.71 ILA5596.00 x
2018-12-31 ILA5.21 ILA5596.00 x
2019-12-31 ILA5.06 ILA5596.00 x
2020-12-31 ILA5.31 ILA5596.00 x
2021-12-31 ILA5.40 ILA5596.00 x
2022-12-31 ILA5.37 ILA5596.00 x
2023-12-31 ILA5.42 ILA5596.00 x
2024-12-31 ILA5.65 ILA5596.00 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 (1.69%), 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 ILA70.00K
1992 11.82% 13.00% 0.75x 1.22x ILA200.00K
1993 15.92% 14.79% 0.86x 1.25x ILA930.00K
1994 -9.40% -6.54% 1.07x 1.34x ILA-2.89 Million
1995 -2.65% -1.57% 1.03x 1.63x ILA-1.91 Million
1996 6.36% 3.85% 1.07x 1.55x ILA-800.00K
1997 -92.11% -28.07% 1.28x 2.56x ILA-11.64 Million
1998 -36.84% -16.24% 1.18x 1.93x ILA-8.01 Million
1999 32.23% 17.04% 1.13x 1.68x ILA7.52 Million
2000 0.84% 1.02% 0.65x 1.26x ILA-10.02 Million
2001 -63.96% -55.88% 0.81x 1.41x ILA-49.48 Million
2002 -9.28% -9.44% 0.71x 1.39x ILA-11.77 Million
2003 5.69% 4.84% 0.81x 1.44x ILA-2.33 Million
2004 6.87% 6.28% 0.81x 1.35x ILA-1.86 Million
2005 -8.81% -7.55% 0.83x 1.41x ILA-9.84 Million
2006 -10.51% -8.11% 0.88x 1.47x ILA-9.77 Million
2007 20.59% 21.58% 0.71x 1.34x ILA6.48 Million
2008 6.75% 7.27% 0.75x 1.24x ILA-2.17 Million
2009 10.80% 11.16% 0.63x 1.53x ILA457.20K
2010 10.55% 10.58% 0.80x 1.25x ILA488.50K
2011 14.35% 13.27% 0.85x 1.27x ILA4.56 Million
2012 13.74% 12.81% 0.83x 1.29x ILA4.40 Million
2013 12.50% 10.95% 0.87x 1.30x ILA3.17 Million
2014 8.33% 9.37% 0.73x 1.21x ILA-3.09 Million
2015 8.48% 9.20% 0.73x 1.26x ILA-2.90 Million
2016 7.28% 7.03% 0.64x 1.63x ILA-5.30 Million
2017 7.34% 5.99% 0.75x 1.63x ILA-5.59 Million
2018 8.15% 6.99% 0.78x 1.49x ILA-4.51 Million
2019 8.18% 6.22% 0.80x 1.64x ILA-4.52 Million
2020 9.67% 6.79% 0.84x 1.70x ILA-856.70K
2021 11.22% 6.20% 0.98x 1.86x ILA3.24 Million
2022 15.35% 7.14% 1.11x 1.94x ILA14.10 Million
2023 13.92% 6.92% 1.02x 1.96x ILA10.43 Million
2024 13.31% 6.68% 1.02x 1.95x ILA9.16 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: $182,741,889
  • Average return on equity (ROE) among peers: 14.28%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Magic Software Enterprises Ltd (MGIC) ILA300.83 Million 10.75% 0.86x $736.62 Million
Computer Direct (CMDR) $326.75 Million 25.22% 2.16x $296.89 Million
E & M Computing Ltd (EMCO) $140.33 Million 3.17% 0.80x $98.62 Million
Formula (FORTY) $272.13 Million 0.07% 1.32x $1.70 Billion
Hilan Ltd (HLAN) $71.51 Million 32.86% 2.63x $1.30 Billion
Malam Team (MLTM) $445.05 Million 18.16% 1.56x $494.90 Million
Matrix (MTRX) $303.94 Million 13.84% 1.42x $1.54 Billion
Speedvalue Ltd (SPDV) $39.74 Million 15.95% 0.56x $13.56 Million
Tondo Smart Ltd (TNDO) $-3.31 Million 0.00% 0.00x $40.97 Million
Top Systems-L (TOPS) $48.56 Million 19.22% 1.93x $69.98 Million

About Magic Software Enterprises Ltd

TA:MGIC Israel Information Technology Services
Market Cap
$736.62 Million
ILA274.76 Billion ILA
Market Cap Rank
#10571 Global
#116 in Israel
Share Price
ILA5596.00
Change (1 day)
-3.43%
52-Week Range
ILA4971.00 - ILA8740.00
All Time High
ILA8740.00
Categories
Companies in Israel Information Technology Services Technology AI & Machine Learning
About

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