Magic Software (MGIC) - Market capitalization

Market cap: NZ$0.91 Billion

As of September 2024 Magic Software has a market cap of NZ$0.91 Billion. This makes Magic Software the world's 6333th most valuable company by market cap according to our data. The market capitalization, commonly called market cap, is the total market value of a publicly traded company's outstanding shares and is commonly used to measure how much a company is worth.

Market cap history of Magic Software from 1996 to 2024

End of year Market Cap

Year	Market cap	Change
2024	NZ$0.91 B	21.75%
2023	NZ$0.75 B	-39.71%
2022	NZ$1.24 B	-17.69%
2021	NZ$1.51 B	41.1%
2020	NZ$1.07 B	52.6%
2019	NZ$0.70 B	26.44%
2018	NZ$0.55 B	6.09%
2017	NZ$0.52 B	22.9%
2016	NZ$0.42 B	17.63%
2015	NZ$0.36 B	7.55%
2014	NZ$0.33 B	4.68%
2013	NZ$0.32 B	56.4%
2012	NZ$0.20 B	-14.71%
2011	NZ$0.24 B	-16.3%
2010	NZ$0.28 B	184.73%
2009	NZ$0.10 B	43.12%
2008	NZ$70.87 M	-8.13%
2007	NZ$77.15 M	-22.88%
2006	NZ$0.10 B	43.84%
2005	NZ$69.55 M	-50.11%
2004	NZ$0.13 B	-31.89%
2003	NZ$0.20 B	185.38%
2002	NZ$71.72 M	-49.93%
2001	NZ$0.14 B	-9.18%
2000	NZ$0.15 B	-84.7%
1999	NZ$1.03 B	2696.55%
1998	NZ$36.86 M	8.41%
1997	NZ$34 M	-44.28%
1996	NZ$61.02 M

End of Day market cap according to different sources

On Sep 18th, 2024 the market cap of Magic Software was reported to be:

NZ$0.90 Billion

by Yahoo Finance

NZ$0.90 Billion

by CompaniesMarketCap

NZ$0.89 Billion

by Nasdaq

Market capitalization for similar companies or competitors

Name	Market cap	Market cap differencediff.	Country
Formula Systems FORTY	NZ$1.83 B	100.78%	🇮🇱 Israel
Oracle ORCL	NZ$750.62 B	81,859.41%	🇺🇸 USA
Microsoft MSFT	NZ$5.270 T	575,397.01%	🇺🇸 USA
IBM IBM	NZ$318.46 B	34,672.73%	🇺🇸 USA
SAP SAP	NZ$431.91 B	47,060.62%	🇩🇪 Germany

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Market capitalization of Magic Software (MGIC)

Market cap: NZ$0.91 Billion