MGIC - Magic Software Ltd. Price/Earnings to Growth Ratio

Corporate company logo of Magic Software Enterprises (MGIC)

Despite pressure from cloud behemoths, Magic Software Enterprises (MGIC) retains its clients due to the high complexity of migrating to alternative systems. The P/E growth potential metric reflects the asset's value dynamics, with the value fixed at 0.00. The issuer's revenues are based on the sale of IT services and high-margin B2B subscriptions for low-code development tools.

MGIC Magic Software Price/Earnings to Growth Ratio (07/04/2022 - 03/07/2026)
Mass-produced product of Magic Software Ltd.

Software development at Magic Software Enterprises (MGIC) is subject to wage inflation and currency risks, necessitating a precise alignment of share price with earnings dynamics. The undervaluation assessment based on growth rates on GURU.Markets via a PEG ratio of 0.00 determines the efficiency of discounting future flows: a value below one signals that the asset is undervalued relative to its expansion, highlighting potential growth "rockets."