|Bid||2,854.00 x 35300|
|Ask||2,879.00 x 11300|
|Day's Range||2,840.00 - 2,914.00|
|52 Week Range||25.31 - 2,914.00|
|PE Ratio (TTM)||10,274.02|
|Earnings Date||Aug 9, 2017|
|Dividend & Yield||0.17 (2.41%)|
|1y Target Est||N/A|
Categories: Yahoo FinanceMagic Software Enterprises Ltd. relative valuation is now NEUTRAL. It was previously rated OVERVALUED, and has a fundamental analysis score of 66. Our analysis is based on comparing Magic Software Enterprises Ltd. with the following peers – Formula Systems (1985) Ltd., Matrix IT Ltd. and TOGETHER STARTUP NETWORK LTD (FORTY-IL, MTRX-IL and TGTR-IL). Relative Valuation ... Read more (Read more...)
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According to the "Market Research for Next Generation Extra-Rapid Development Tools in 2017 (updated version)" report, published by MIC Research Institute Ltd., the Magic xpa Application Platform achieved a 39% share of the Japanese market in the sale of licenses in the category of execution engine type development tools. Magic xpa's code-free application platform was highlighted as exceling in its service introduction, product functionality, development productivity, and cost performance. "These results are further evidence to Magic's strong and ever-growing customer base in Japan as well as around the world, where Magic has a presence in more than 50 countries," stated Toshio Sato, President at Magic Software Japan.