Company Information

  

Address: 5 HAPLADA STREET  
City: OR YEHUDA ISRAEL 
State:  
Zip Code: 60218 
Telephone: 97235389322 

Description of Business

Primary SIC Code: 7372
(As filed with the SEC)  

Our legal and commercial name is Magic Software Enterprises Ltd., and we were organized and registered in Israel on February 10, 1983 and began operations in 1986. We are a public limited liability company and operate under the provisions of the state of Israel. Our ordinary shares have been listed on the NASDAQ Stock Market (symbol: MGIC) since our initial public offering in the United States on August 16, 1991. On January 3, 2011, our shares were transferred to the NASDAQ Global Select Market. Since November 16, 2000, our ordinary shares have also traded on the Tel Aviv Stock Exchange, or the TASE, and since December 15, 2011, our shares have been included in the TASE's TA-125 Index. Capital Expenditures and Divestitures since January 1, 2012 In December 2011, we acquired the AppBuilder activity of BluePhoenix Solutions Ltd., a leading provider of value-driven legacy IT modernization solutions for $12.7 million.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
12/20160.27NA24.70
12/20150.36NA15.36
12/20130.43NA16.67
12/20120.44NA10.68
12/20110.41NA12.61
09/20110.35NA11.74
06/20110.33NA15.09
03/20110.30NA25.17

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity0.06Total Liab/Total Assets0.30
Net Inc/Total Assets0.04Total Liab/Inv Cap0.35
Net Inc/Inv Cap0.04Total Liab/Comm Equity0.51
Pretax Inc/Net Sales0.10Interest Coverage Ratio49.04
Net Inc/Net Sales0.06Curr Debt/Equity0.03
Cash Flow/Net Sales0.14LTD/Equity0.15
SG&A/NetSales0.21Total Debt/Equity0.18
Asset Utilization   Liquidity  
Net Receivables Turnover3.12Quick Ratio3.54
Inventory TurnoverNACurrent Ratio3.54
Inventory Day SalesNANet Rec/Curr Assets0.45
Net Sales/Work Cap1.77Inv/Curr AssetsNA
Net Sales/PP&E65.79  

Income Statement (Millions)

  12/31/2016 12/31/2015 12/31/2014 12/31/2013
Total Revenues(Net Sales) 201.65 176.03 164.30 144.96
Cost of Goods Sold 133.38 113.22 99.73 85.89
Selling & Admin Exps 41.34 36.49 39.10 36.23
Operating Income 21.09 21.43 20.73 19.13
Interest Exp 0.43 0.69 1.79 0.68
Pretax Income 20.66 20.76 18.87 18.43
Other Income 0.00 0.01 -0.07 -0.01
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 11.91 16.20 15.52 15.88

Balance Sheet (Millions)

Assets 12/31/2016 12/31/2015 12/31/2014 12/31/2013
Cash & Short Term Investments 87.82 74.01 84.43 35.99
Receivables - Total 70.53 58.62 43.78 37.19
Inventories - Total NA NA NA NA
Total Current Assets 158.36 135.30 128.21 73.17
Net Property, Plant & Equipment 3.07 2.30 2.01 1.77
Total Assets 316.40 239.85 224.18 167.00
Liabilities        
Accounts Payable 28.68 23.04 18.87 23.65
Debt in Current Liabilities 5.65 0.01 2.85 1.06
Total Current Liabilities 44.69 28.36 25.16 28.00
Long-Term Debt 29.76 3.26 0.49 2.27
Total Liabilities 94.18 43.09 36.19 36.14
Stockholder's Equity        
Minority Interest 0.42 2.10 2.66 0.99
Preferred Stock NA NA NA NA
Common Stock 1.04 1.04 1.03 0.83
Retained Earnings 19.83 15.68 7.27 0.43
Treasury Stock NA NA NA NA
Total Stockholders' Equity 196.22 191.01 185.07 128.14
Total Liabilities and Stockholders' Equity 290.40 234.10 221.25 164.28

Cash Flow Summary (Millions)

Categories 12/31/2016 12/31/2015 12/31/2014 12/31/2013
Net Cash Provided by Operating Activities 27.96 19.62 18.19 22.28
Net Cash Provided by Investing Activities -35.98 -16.63 -26.06 -21.71
Net Cash Provided by Financing Activities 22.19 -11.94 46.32 -3.33

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2012126.3816.180.44
12/2013144.9615.880.43
12/2014164.3015.52--
12/2015176.0316.200.36
12/2016201.6511.910.27
Growth Rates12.39-7.38--

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/17374,0149.02




Report Date : 10/16/2017

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