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, 2013 In May 2013, our subsidiary, CommIT Technology Solutions Ltd., acquired two Israeli companies, Dario Solutions IT Ltd. and Valinor Ltd.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
12/20170.35NA23.94
12/20160.27NA24.70
12/20150.36NA15.36
12/20130.43NA16.67
12/20120.44NA10.68
12/20110.41NA12.61
09/20110.35NA11.74

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity0.08Total Liab/Total Assets0.31
Net Inc/Total Assets0.05Total Liab/Inv Cap0.39
Net Inc/Inv Cap0.06Total Liab/Comm Equity0.58
Pretax Inc/Net Sales0.09Interest Coverage Ratio15.17
Net Inc/Net Sales0.06Curr Debt/Equity0.05
Cash Flow/Net Sales0.10LTD/Equity0.13
SG&A/NetSales0.19Total Debt/Equity0.18
Asset Utilization   Liquidity  
Net Receivables Turnover3.20Quick Ratio3.07
Inventory TurnoverNACurrent Ratio3.07
Inventory Day SalesNANet Rec/Curr Assets0.50
Net Sales/Work Cap2.11Inv/Curr AssetsNA
Net Sales/PP&E74.43  

Income Statement (Millions)

  12/31/2017 12/31/2016 12/31/2015 12/31/2014
Total Revenues(Net Sales) 258.14 201.65 176.03 164.30
Cost of Goods Sold 175.16 133.38 113.22 99.73
Selling & Admin Exps 50.08 41.34 36.49 39.10
Operating Income 25.96 21.09 21.43 20.73
Interest Exp 1.71 0.43 0.69 1.79
Pretax Income 24.25 20.66 20.76 18.87
Other Income 0.00 0.00 0.01 -0.07
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 15.44 11.91 16.20 15.52

Balance Sheet (Millions)

Assets 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Cash & Short Term Investments 90.21 87.82 74.01 84.43
Receivables - Total 90.69 70.53 58.62 43.78
Inventories - Total NA NA NA NA
Total Current Assets 181.64 158.36 135.30 128.21
Net Property, Plant & Equipment 3.47 3.07 2.30 2.01
Total Assets 342.54 316.40 239.85 224.18
Liabilities        
Accounts Payable 39.97 28.68 23.04 18.87
Debt in Current Liabilities 9.77 5.65 0.01 2.85
Total Current Liabilities 59.24 44.69 28.36 25.16
Long-Term Debt 27.81 29.76 3.26 0.49
Total Liabilities 106.42 94.18 43.09 36.19
Stockholder's Equity        
Minority Interest 3.28 0.42 2.10 2.66
Preferred Stock NA NA NA NA
Common Stock 1.04 1.04 1.04 1.03
Retained Earnings 25.71 19.83 15.68 7.27
Treasury Stock NA NA NA NA
Total Stockholders' Equity 210.28 196.22 191.01 185.07
Total Liabilities and Stockholders' Equity 316.70 290.40 234.10 221.25

Cash Flow Summary (Millions)

Categories 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Net Cash Provided by Operating Activities 25.51 27.96 19.62 18.19
Net Cash Provided by Investing Activities -12.42 -35.98 -16.63 -26.06
Net Cash Provided by Financing Activities -14.31 22.19 -11.94 46.32

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2013144.9615.880.43
12/2014164.3015.52--
12/2015176.0316.200.36
12/2016201.6511.910.27
12/2017258.1415.440.35
Growth Rates15.52-0.70--

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/18434,90510.06




Report Date : 7/16/2018

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