$Magic Software Enterprises (MGIC.US)$Revenue, operating pro...
$Magic Software Enterprises (MGIC.US)$Revenue, operating profit, and net profit have all maintained continuous growth over the past 5 years. The average growth rates were 17.1%, 18.8%, and 21%, respectively. In 2022, the growth rates were 18%, 14.1%, and 33.3%, respectively.
Interest expenses are rising year by year, but their share is very low, accounting for 6% of operating profit in 2022.
The balance ratio has increased from 23.9% to 40.3% over the past 5 years. Accounts receivable account for a relatively high share, reaching 29% of revenue in 2022, which is an unhealthy ratio.
Goodwill has increased slightly every year, reaching 210 million in 2022, accounting for 69% of net assets of 305 million. The long-term loan is 30.112 million, and the leverage ratio is not high.
The net operating amount has continued to be higher than net investment over the past 5 years, and there is a certain shareholders' surplus.
Currently, the price-earnings ratio is 16.7, and there is a certain discount compared to profit growth. Considering that the accounts receivable ratio is too high, you can choose carefully (⭐️)
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