Magic Software Enterprises Ltd
NASDAQ:MGIC

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Magic Software Enterprises Ltd
NASDAQ:MGIC
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Price: 13.17 USD -0.08% Market Closed
Market Cap: 646.6m USD

Relative Value

The Relative Value of one MGIC stock under the Base Case scenario is 15.63 USD. Compared to the current market price of 13.17 USD, Magic Software Enterprises Ltd is Undervalued by 16%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

MGIC Relative Value
Base Case
15.63 USD
Undervaluation 16%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
55
vs Industry
62
Median 3Y
1.1
Median 5Y
1.3
Industry
2.4
Forward
1.2
vs History
49
vs Industry
31
Median 3Y
16.4
Median 5Y
19.4
Industry
22.4
Forward
13.7
vs History
57
vs Industry
47
Median 3Y
8.9
Median 5Y
10.4
Industry
16.9
vs History
4
vs Industry
30
Median 3Y
12.3
Median 5Y
14.1
Industry
20.9
vs History
49
vs Industry
47
Median 3Y
2.3
Median 5Y
2.4
Industry
2.9
vs History
52
vs Industry
60
Median 3Y
1
Median 5Y
1.2
Industry
2.4
Forward
1.1
vs History
50
vs Industry
47
Median 3Y
3.7
Median 5Y
4.1
Industry
4.8
vs History
52
vs Industry
41
Median 3Y
7.3
Median 5Y
7.9
Industry
12.7
Forward
7.3
vs History
52
vs Industry
37
Median 3Y
9.7
Median 5Y
10.9
Industry
16.2
Forward
8
vs History
55
vs Industry
45
Median 3Y
8.2
Median 5Y
9.4
Industry
15.6
vs History
57
vs Industry
40
Median 3Y
8.9
Median 5Y
10.7
Industry
18.3
vs History
52
vs Industry
54
Median 3Y
1.5
Median 5Y
1.6
Industry
2.4

Multiples Across Competitors

MGIC Competitors Multiples
Magic Software Enterprises Ltd Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
IL
Magic Software Enterprises Ltd
NASDAQ:MGIC
646.6m USD 1.2 19.4 7.8 10.8
US
Ezenia! Inc
OTC:EZEN
567B USD 233 910.9 -180 630.8 -182 667.2 -177 298
DE
SAP SE
XETRA:SAP
290.2B EUR 8.5 92.8 30.3 35.1
US
Salesforce Inc
NYSE:CRM
265.9B USD 7 42.9 23.4 34
US
Palantir Technologies Inc
NYSE:PLTR
205.2B USD 71.6 444 584.8 644.3
US
Adobe Inc
NASDAQ:ADBE
174.4B USD 7.9 25.8 19.3 21.3
US
Intuit Inc
NASDAQ:INTU
172.1B USD 10 56.7 36.1 43.3
US
NCR Corp
LSE:0K45
131.5B USD 46.5 139.5 390.2 3 216.8
US
Applovin Corp
NASDAQ:APP
89B USD 18.9 56.4 39.5 49
US
Microstrategy Inc
NASDAQ:MSTR
79.8B USD 172.1 -68.4 -1 918.6 -1 377.3
US
Cadence Design Systems Inc
NASDAQ:CDNS
71.9B USD 15.5 68.1 45.1 51.5
P/S Multiple
Revenue Growth P/S to Growth
IL
Magic Software Enterprises Ltd
NASDAQ:MGIC
Average P/S: 21 297.3
1.2
4%
0.3
US
Ezenia! Inc
OTC:EZEN
233 910.9
N/A N/A
DE
SAP SE
XETRA:SAP
8.5
13%
0.7
US
Salesforce Inc
NYSE:CRM
7
10%
0.7
US
Palantir Technologies Inc
NYSE:PLTR
71.6
32%
2.2
US
Adobe Inc
NASDAQ:ADBE
7.9
10%
0.8
US
Intuit Inc
NASDAQ:INTU
10
13%
0.8
US
N
NCR Corp
LSE:0K45
46.5
-9%
N/A
US
Applovin Corp
NASDAQ:APP
18.9
21%
0.9
US
Microstrategy Inc
NASDAQ:MSTR
172.1
3%
57.4
US
Cadence Design Systems Inc
NASDAQ:CDNS
15.5
13%
1.2
P/E Multiple
Earnings Growth PEG
IL
Magic Software Enterprises Ltd
NASDAQ:MGIC
Average P/E: 105.1
19.4
12%
1.6
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -180 630.8 N/A N/A
DE
SAP SE
XETRA:SAP
92.8
49%
1.9
US
Salesforce Inc
NYSE:CRM
42.9
31%
1.4
US
Palantir Technologies Inc
NYSE:PLTR
444
71%
6.3
US
Adobe Inc
NASDAQ:ADBE
25.8
27%
1
US
Intuit Inc
NASDAQ:INTU
56.7
35%
1.6
US
N
NCR Corp
LSE:0K45
139.5
-49%
N/A
US
Applovin Corp
NASDAQ:APP
56.4
39%
1.4
US
Microstrategy Inc
NASDAQ:MSTR
Negative Multiple: -68.4 N/A N/A
US
Cadence Design Systems Inc
NASDAQ:CDNS
68.1
32%
2.1
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
IL
Magic Software Enterprises Ltd
NASDAQ:MGIC
Average EV/EBITDA: 130.7
7.8
6%
1.3
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -182 667.2 N/A N/A
DE
SAP SE
XETRA:SAP
30.3
19%
1.6
US
Salesforce Inc
NYSE:CRM
23.4
23%
1
US
Palantir Technologies Inc
NYSE:PLTR
584.8
105%
5.6
US
Adobe Inc
NASDAQ:ADBE
19.3
17%
1.1
US
Intuit Inc
NASDAQ:INTU
36.1
29%
1.2
US
N
NCR Corp
LSE:0K45
390.2
12%
32.5
US
Applovin Corp
NASDAQ:APP
39.5
38%
1
US
Microstrategy Inc
NASDAQ:MSTR
Negative Multiple: -1 918.6 N/A N/A
US
Cadence Design Systems Inc
NASDAQ:CDNS
45.1
25%
1.8
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
IL
Magic Software Enterprises Ltd
NASDAQ:MGIC
Average EV/EBIT: 456.2
10.8
10%
1.1
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -177 298 N/A N/A
DE
SAP SE
XETRA:SAP
35.1
21%
1.7
US
Salesforce Inc
NYSE:CRM
34
32%
1.1
US
Palantir Technologies Inc
NYSE:PLTR
644.3
108%
6
US
Adobe Inc
NASDAQ:ADBE
21.3
20%
1.1
US
Intuit Inc
NASDAQ:INTU
43.3
35%
1.2
US
N
NCR Corp
LSE:0K45
3 216.8
84%
38.3
US
Applovin Corp
NASDAQ:APP
49
40%
1.2
US
Microstrategy Inc
NASDAQ:MSTR
Negative Multiple: -1 377.3 N/A N/A
US
Cadence Design Systems Inc
NASDAQ:CDNS
51.5
27%
1.9