Magic Price To Sales Ratio vs Free Cash Flow Yield Analysis

MGIC Stock

USD 11.68 0.15 1.27%

Magic Software financial indicator trend analysis is infinitely more than just investigating Magic Software Enter recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Magic Software Enter is a good investment. Please check the relationship between Magic Software Price To Sales Ratio and its Free Cash Flow Yield accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magic Software Enterprises. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Price To Sales Ratio vs Free Cash Flow Yield

Price To Sales Ratio vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Magic Software Enter Price To Sales Ratio account and Free Cash Flow Yield. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Magic Software's Price To Sales Ratio and Free Cash Flow Yield is -0.56. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Magic Software Enterprises, assuming nothing else is changed. The correlation between historical values of Magic Software's Price To Sales Ratio and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of Magic Software Enterprises are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Price To Sales Ratio i.e., Magic Software's Price To Sales Ratio and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

-0.56

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Magic Software Enter stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Magic Software sales, a figure that is much harder to manipulate than other Magic Software Enterprises multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Most indicators from Magic Software's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Magic Software Enter current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magic Software Enterprises. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

The current year's Enterprise Value is expected to grow to about 505.3 M, whereas Selling General Administrative is forecasted to decline to about 21.5 M.

	2021	2022	2023	2024 (projected)
Gross Profit	133.0M	155.4M	153.0M	160.6M
Total Revenue	480.3M	566.8M	535.1M	561.8M

Gross Profit Total Revenue

Magic Software fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Long Term Debt Total	Short Term Debt	Intangible Assets	Common Stock	Other Liab	Current Deferred Revenue
Total Assets		0.87	0.93	0.96	0.87	0.3	0.89	0.93	0.94	0.99	0.07	0.88	0.99	0.69	0.95	-0.15	0.78	0.61	0.96	0.99	0.9	0.89	0.79	0.83	0.83	0.53
Other Current Liab	0.87		0.93	0.75	0.91	0.55	0.86	0.93	0.69	0.89	-0.11	0.58	0.91	0.5	0.85	-0.28	0.84	0.33	0.91	0.83	0.86	0.87	0.6	0.62	0.66	0.61
Total Current Liabilities	0.93	0.93		0.81	0.94	0.58	0.95	0.98	0.82	0.95	-0.14	0.69	0.94	0.48	0.94	-0.11	0.86	0.34	0.99	0.9	0.97	0.98	0.59	0.66	0.7	0.71
Total Stockholder Equity	0.96	0.75	0.81		0.74	0.03	0.77	0.81	0.97	0.93	0.18	0.95	0.93	0.82	0.84	-0.22	0.66	0.78	0.84	0.97	0.76	0.76	0.85	0.92	0.79	0.31
Property Plant And Equipment Net	0.87	0.91	0.94	0.74		0.6	0.88	0.91	0.71	0.91	-0.14	0.56	0.89	0.4	0.89	-0.1	0.96	0.26	0.94	0.81	0.9	0.94	0.52	0.57	0.77	0.77
Net Debt	0.3	0.55	0.58	0.03	0.6		0.58	0.57	0.07	0.37	-0.41	-0.11	0.35	-0.33	0.5	0.14	0.56	-0.49	0.56	0.21	0.64	0.63	-0.1	-0.15	0.2	0.82
Retained Earnings	0.89	0.86	0.95	0.77	0.88	0.58		0.95	0.81	0.89	-0.16	0.7	0.9	0.37	0.91	-0.21	0.78	0.27	0.95	0.87	0.97	0.96	0.51	0.6	0.63	0.75
Accounts Payable	0.93	0.93	0.98	0.81	0.91	0.57	0.95		0.82	0.93	-0.06	0.71	0.95	0.47	0.93	-0.14	0.83	0.33	0.98	0.91	0.96	0.96	0.58	0.65	0.7	0.69
Cash	0.94	0.69	0.82	0.97	0.71	0.07	0.81	0.82		0.91	0.1	0.97	0.9	0.73	0.86	-0.12	0.6	0.71	0.85	0.96	0.81	0.78	0.79	0.88	0.74	0.36
Non Current Assets Total	0.99	0.89	0.95	0.93	0.91	0.37	0.89	0.93	0.91		0.0	0.82	0.98	0.66	0.97	-0.13	0.82	0.56	0.97	0.96	0.92	0.91	0.78	0.8	0.84	0.56
Non Currrent Assets Other	0.07	-0.11	-0.14	0.18	-0.14	-0.41	-0.16	-0.06	0.1	0.0		0.25	0.09	0.24	-0.02	-0.02	-0.07	0.38	-0.09	0.15	-0.16	-0.14	0.19	0.19	0.24	-0.23
Cash And Short Term Investments	0.88	0.58	0.69	0.95	0.56	-0.11	0.7	0.71	0.97	0.82	0.25		0.83	0.76	0.76	-0.15	0.45	0.78	0.73	0.92	0.69	0.65	0.79	0.89	0.69	0.22
Net Receivables	0.99	0.91	0.94	0.93	0.89	0.35	0.9	0.95	0.9	0.98	0.09	0.83		0.65	0.95	-0.21	0.81	0.56	0.96	0.98	0.9	0.89	0.76	0.79	0.83	0.58
Common Stock Shares Outstanding	0.69	0.5	0.48	0.82	0.4	-0.33	0.37	0.47	0.73	0.66	0.24	0.76	0.65		0.5	-0.26	0.34	0.96	0.49	0.71	0.37	0.36	0.9	0.95	0.55	-0.18
Non Current Liabilities Total	0.95	0.85	0.94	0.84	0.89	0.5	0.91	0.93	0.86	0.97	-0.02	0.76	0.95	0.5		0.01	0.78	0.41	0.98	0.92	0.96	0.91	0.71	0.68	0.86	0.69
Inventory	-0.15	-0.28	-0.11	-0.22	-0.1	0.14	-0.21	-0.14	-0.12	-0.13	-0.02	-0.15	-0.21	-0.26	0.01		-0.12	-0.28	-0.06	-0.18	-0.01	-0.05	-0.19	-0.22	0.07	0.13
Other Current Assets	0.78	0.84	0.86	0.66	0.96	0.56	0.78	0.83	0.6	0.82	-0.07	0.45	0.81	0.34	0.78	-0.12		0.2	0.84	0.72	0.79	0.87	0.4	0.49	0.71	0.74
Other Stockholder Equity	0.61	0.33	0.34	0.78	0.26	-0.49	0.27	0.33	0.71	0.56	0.38	0.78	0.56	0.96	0.41	-0.28	0.2		0.37	0.66	0.26	0.24	0.87	0.9	0.52	-0.27
Total Liab	0.96	0.91	0.99	0.84	0.94	0.56	0.95	0.98	0.85	0.97	-0.09	0.73	0.96	0.49	0.98	-0.06	0.84	0.37		0.92	0.98	0.97	0.65	0.68	0.78	0.71
Total Current Assets	0.99	0.83	0.9	0.97	0.81	0.21	0.87	0.91	0.96	0.96	0.15	0.92	0.98	0.71	0.92	-0.18	0.72	0.66	0.92		0.87	0.85	0.79	0.86	0.81	0.48
Short Long Term Debt Total	0.9	0.86	0.97	0.76	0.9	0.64	0.97	0.96	0.81	0.92	-0.16	0.69	0.9	0.37	0.96	-0.01	0.79	0.26	0.98	0.87		0.97	0.55	0.59	0.69	0.76
Short Term Debt	0.89	0.87	0.98	0.76	0.94	0.63	0.96	0.96	0.78	0.91	-0.14	0.65	0.89	0.36	0.91	-0.05	0.87	0.24	0.97	0.85	0.97		0.48	0.58	0.68	0.79
Intangible Assets	0.79	0.6	0.59	0.85	0.52	-0.1	0.51	0.58	0.79	0.78	0.19	0.79	0.76	0.9	0.71	-0.19	0.4	0.87	0.65	0.79	0.55	0.48		0.89	0.74	0.03
Common Stock	0.83	0.62	0.66	0.92	0.57	-0.15	0.6	0.65	0.88	0.8	0.19	0.89	0.79	0.95	0.68	-0.22	0.49	0.9	0.68	0.86	0.59	0.58	0.89		0.65	0.07
Other Liab	0.83	0.66	0.7	0.79	0.77	0.2	0.63	0.7	0.74	0.84	0.24	0.69	0.83	0.55	0.86	0.07	0.71	0.52	0.78	0.81	0.69	0.68	0.74	0.65		0.52
Current Deferred Revenue	0.53	0.61	0.71	0.31	0.77	0.82	0.75	0.69	0.36	0.56	-0.23	0.22	0.58	-0.18	0.69	0.13	0.74	-0.27	0.71	0.48	0.76	0.79	0.03	0.07	0.52

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Magic Software Account Relationship Matchups

Magic Software fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	407.5M	443.3M	492.0M	511.0M	522.4M	548.5M
Other Current Liab	36.3M	43.4M	74.9M	103.1M	66.4M	69.7M
Total Current Liabilities	66.9M	84.8M	106.3M	132.6M	141.7M	148.8M
Total Stockholder Equity	247.8M	260.4M	265.2M	263.7M	266.0M	279.3M
Property Plant And Equipment Net	18.6M	30.5M	30.2M	36.5M	33.7M	35.4M
Net Debt	(44.3M)	(38.7M)	(26.0M)	(3.3M)	2.8M	2.9M
Retained Earnings	28.4M	39.7M	43.2M	86.3M	92.5M	97.1M
Accounts Payable	11.0M	14.3M	24.7M	27.6M	28.4M	29.8M
Cash	81.9M	88.1M	88.1M	83.1M	105.9M	111.2M
Non Current Assets Total	202.4M	232.1M	245.3M	260.0M	265.8M	279.1M
Non Currrent Assets Other	4.0M	4.7M	3.6M	2.3M	(1.0)	(0.95)
Cash And Short Term Investments	95.5M	89.7M	94.8M	87.0M	106.7M	112.0M
Net Receivables	109.5M	114.7M	145.7M	155.2M	139.6M	146.5M
Common Stock Shares Outstanding	49.0M	49.0M	49.1M	49.1M	49.1M	35.1M
Liabilities And Stockholders Equity	407.5M	443.3M	492.0M	511.0M	522.4M	548.5M
Non Current Liabilities Total	54.0M	64.5M	79.7M	73.1M	89.8M	94.3M
Inventory	(3.7M)	(1.1M)	(1.2M)	1.0	(6.9M)	1.05
Other Current Assets	7.6M	10.5M	11.0M	11.0M	10.4M	10.9M
Other Stockholder Equity	218.6M	211.7M	184.0M	182.0M	182.6M	125.9M
Total Liab	120.9M	149.3M	185.9M	205.7M	231.5M	243.0M
Total Current Assets	205.1M	211.2M	246.8M	251.0M	256.6M	269.5M
Short Long Term Debt Total	37.6M	49.4M	62.1M	79.8M	108.7M	114.2M
Short Term Debt	10.9M	18.4M	20.4M	25.3M	33.3M	35.0M
Intangible Assets	51.1M	53.4M	51.4M	52.1M	50.7M	36.0M
Common Stock	1.2M	1.2M	1.2M	1.2M	1.3M	995.2K
Accumulated Other Comprehensive Income	(324K)	7.8M	9.3M	(6.6M)	(10.3M)	(9.8M)
Other Liab	24.5M	34.1M	36.6M	18.5M	21.3M	22.3M
Current Deferred Revenue	8.7M	8.8M	10.8M	10.9M	13.5M	14.2M
Other Assets	12.1M	16.6M	16.9M	13.3M	15.3M	16.1M
Long Term Debt	15.5M	13.4M	22.2M	30.4M	52.3M	54.9M
Good Will	117.7M	135.7M	146.8M	158.7M	166.1M	174.4M
Property Plant Equipment	18.3M	30.3M	30.2M	36.5M	42.0M	44.1M
Common Stock Total Equity	1.0M	1.2M	1.2M	1.2M	1.3M	1.0M
Property Plant And Equipment Gross	18.6M	30.5M	30.2M	36.5M	49.2M	51.6M
Short Term Investments	13.6M	1.5M	6.7M	3.9M	751K	713.5K
Net Tangible Assets	78.7M	71.2M	67.1M	53.5M	48.1M	57.4M
Short Long Term Debt	7.1M	11.5M	15.0M	20.7M	28.9M	30.4M

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When determining whether Magic Software Enter offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Magic Software's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Magic Software Enterprises Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Magic Software Enterprises Stock:

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Is Magic Stock a good investment?

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What is Magic Software's Net Worth?

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magic Software Enterprises. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Magic Software. If investors know Magic will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Magic Software listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.10)

Earnings Share

0.7

Revenue Per Share

10.659

Quarterly Revenue Growth

(0.08)

Return On Assets

0.0673

The market value of Magic Software Enter is measured differently than its book value, which is the value of Magic that is recorded on the company's balance sheet. Investors also form their own opinion of Magic Software's value that differs from its market value or its book value, called intrinsic value, which is Magic Software's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Magic Software's market value can be influenced by many factors that don't directly affect Magic Software's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Magic Software's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magic Software is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magic Software's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Magic Price To Sales Ratio vs Free Cash Flow Yield Analysis

Price To Sales Ratio vs Free Cash Flow Yield

Price To Sales Ratio vs Free Cash Flow Yield Correlation Analysis

Correlation Coefficient

Price To Sales Ratio

Free Cash Flow Yield

Magic Software fundamental ratios Correlations

Magic Software Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Magic Software fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 0.99	Total Assets
Net Receivables	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Current Liabilities
Accounts Payable	+ 0.98	Total Current Liabilities
Short Term Debt	+ 0.98	Total Current Liabilities

Other Stockholder Equity	- 0.49	Net Debt
Non Currrent Assets Other	- 0.41	Net Debt
Common Stock Shares Outstanding	- 0.33	Net Debt
Other Stockholder Equity	- 0.28	Inventory
Inventory	- 0.28	Other Current Liab
Current Deferred Revenue	- 0.27	Other Stockholder Equity