Magic Software Enterprises Overview
Valuation check: MGIC's ROE is 11.07%, below the Technology sector average of 47.89%.
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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.
Magic Software Enterprises (MGIC) currently reports a ROE of 11.07%. That is below the Technology sector average of 47.89%. Use the charts on this page to explore Magic Software Enterprises's ROE history and peer comparisons.
Magic Software Enterprises's ROE of 11.07% is lower than the Technology sector average of 47.89%. That is roughly 76.9% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.
There is no universal 'good' ROE, but Magic Software Enterprises's current 11.07% should be judged against Technology norms (sector average: 47.89%) and against MGIC's own history. Strong, stable readings often indicate durable competitive advantage; volatile or declining ones deserve a closer look at margins and capital efficiency.
Start with the current ROE of 11.07%, then check the historical chart for trend and the peer comparison chart for relative positioning. The Technology average is 47.89%. From there, open related valuation or income-statement pages for Magic Software Enterprises, and consider following MGIC for alerts when major investors trade the stock.
Magic Software Enterprises is classified in the Technology sector. On ROE, it currently shows 11.07% versus a sector average near 47.89%. Sector peers often share similar capital intensity and growth regimes, so relative rankings inside Technology are usually more informative than comparing MGIC with unrelated industries.
