Magic Software Enterprises Overview
Valuation check: MGIC's ROE is 11.07%, below the Technology sector average of 47.48%.
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+ Follow11.07%
Return on Equity measures how efficiently a company uses shareholders' equity to generate profits. A higher ROE indicates better profitability relative to equity.
As of the most recent data, MGIC shows a ROE of 11.07%. That is below the Technology sector average of 47.48%. Scroll down for historical charts and peer comparison views.
The Technology sector average ROE is about 47.48%. Magic Software Enterprises is at 11.07%, which is lower that average. That is roughly 76.7% below the sector mean. Use the comparison chart on this page to see how MGIC stacks up against individual peers as well.
Check the historical chart to see whether MGIC's ROE is trending up or down. Improvement over multiple periods is generally more meaningful than a single strong quarter. Compare Magic Software Enterprises with peers to see if the move is company-specific or sector-wide.
Besides this return on equity page, Stockcircle has Magic Software Enterprises's full stock overview, other financial metrics, insider and congress trade tabs, and tools to follow the stock. Together they help you connect ROE (currently 11.07%) with ownership activity and broader fundamentals.
The Technology average ROE is about 47.48%, while MGIC is at 11.07%. Typical ranges vary by sub-industry, so always sanity-check against the closest competitors, not just the whole sector bucket.
