MAGIC SOFTWARE Price To Book vs. Net Income
MAGIC SOFTWARE ENTR Net Income vs. Price To Book Fundamental Analysis
Sector multiples frame MAGIC SOFTWARE's current valuation context. MAGIC SOFTWARE ENTR earns the top ranking in price to book relative to competitors. It also earns the top ranking in net income relative to competitors yielding 12,316,914 of Net Income per Price To Book. At present, Net Income is scaling higher relative to prior years. A year ago, MAGIC SOFTWARE reported Net Income at 42.42 Million. Sector comparison helps assess MAGIC SOFTWARE's current pricing level.MAGIC Net Income vs. Price To Book
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
MAGIC SOFTWARE |
| = | 2.99 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
MAGIC SOFTWARE |
| = | 36.88 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
MAGIC Net Income Comparison
MAGIC SOFTWARE is currently under evaluation in net income relative to competitors.
MAGIC SOFTWARE Profitability Projections
Profit generation is the foundation of long-term returns, making MAGIC SOFTWARE's profitability trends essential for any investment evaluation. Margin trends for MAGIC SOFTWARE reveal whether the company is gaining or losing pricing and cost advantages.
| Last Reported | End Of Year Estimate | ||
| Net Interest Income | -3.2 M | -3.1 M | |
| Interest Income | 3.6 M | 3.8 M | |
| Operating Income | 69.5 M | 47.3 M | |
| Net Income From Continuing Ops | 49.8 M | 34.5 M | |
| Income Before Tax | 62.8 M | 43.6 M | |
| Total Other Income Expense Net | -2 M | -2.1 M | |
| Net Income | 42.4 M | 28.9 M |
MAGIC Profitability Driver Comparison
Understanding the profitability drivers of MAGIC SOFTWARE supports assessment of the sustainability of its earnings over time. Unexpected events - including tax changes, commodity price movements, and macroeconomic disruptions - can significantly impact MAGIC SOFTWARE's long-term profit trajectory.
Earnings per Share Projection vs Actual
Use MAGIC SOFTWARE in pair-trading
Pair trading with MAGIC SOFTWARE can help investors hedge some company-specific exposure by balancing a long view with an offsetting position. The advantage is that adverse movement in one leg may be partly offset by the other when correlation and thesis alignment hold.
MAGIC SOFTWARE Pair Trading
MAGIC SOFTWARE ENTR Pair Trading Analysis
Portfolio managers use rolling correlation data for MAGIC SOFTWARE ENTR to assess whether candidate substitutes for MAGIC SOFTWARE are stable or episodically correlated. Stable, long-run correlations provide more reliable wash-sale substitutes.
High-frequency correlation analysis for MAGIC SOFTWARE uses intraday price data to capture short-term co-movements that may differ from daily or monthly correlation estimates. This is particularly relevant for short-term MAGIC SOFTWARE ENTR trading strategies.
Hedging context for MAGIC SOFTWARE can be developed through Correlation analysis and pair trading analysis. The view can be extended across sectors or other related groups.Use Investing Themes to Complement your MAGIC SOFTWARE position
At 894.04 Million in the Other space, MAGIC SOFTWARE ENTR smaller-cap profile gives investors a structured starting point for building sector-aligned themes. MAGIC SOFTWARE ENTR smaller-cap scale (894.04 Million) within Other helps compare substitutes, complements, and diversifiers that strengthen the overall Other allocation.
Did You Try This Idea?
Run Office Supplies Thematic Idea Now
Office Supplies
Companies producing and selling office supplies, and accessories. The Office Supplies theme has 47 constituents at this time.
The Office Supplies Theme can be deployed as a buy-and-hold allocation or traded actively around individual position volatility.
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