Magic Software (MGIC) - Market capitalization

Market cap: A$0.93 Billion

As of December 2024 Magic Software has a market cap of A$0.93 Billion. This makes Magic Software the world's 6453th 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	Marketcap	Change
2024	A$0.93 B	33.28%
2023	A$0.69 B	-40.02%
2022	A$1.16 B	-18.7%
2021	A$1.43 B	42.51%
2020	A$1.00 B	48.15%
2019	A$0.67 B	27.88%
2018	A$0.53 B	11.1%
2017	A$0.47 B	16.34%
2016	A$0.41 B	20.46%
2015	A$0.34 B	5.29%
2014	A$0.32 B	8.98%
2013	A$0.29 B	82.53%
2012	A$0.16 B	-11.6%
2011	A$0.18 B	-15.78%
2010	A$0.21 B	168.35%
2009	A$81.41 M	40.48%
2008	A$57.95 M	-15.01%
2007	A$68.18 M	-23.73%
2006	A$89.4 M	37.61%
2005	A$64.96 M	-49.45%
2004	A$0.12 B	-28.19%
2003	A$0.17 B	168.67%
2002	A$66.62 M	-42.84%
2001	A$0.11 B	-6.76%
2000	A$0.12 B	-84.75%
1999	A$0.81 B	2484.05%
1998	A$31.72 M	4.75%
1997	A$30.28 M	-44.2%
1996	A$54.27 M

End of Day market cap according to different sources

On Dec 2nd, 2024 the market cap of Magic Software was reported to be:

A$0.91 Billion

by Nasdaq

A$0.91 Billion

by CompaniesMarketCap

Market capitalization for similar companies or competitors

Name	Marketcap	Market cap differencediff.	Country
Formula Systems FORTY	A$2.11 B	127.65%	🇮🇱 Israel
Oracle ORCL	A$776.49 B	83,338.23%	🇺🇸 USA
Microsoft MSFT	A$4.942 T	531,017.14%	🇺🇸 USA
IBM IBM	A$325.03 B	34,827.07%	🇺🇸 USA
SAP SAP	A$440.54 B	47,238.59%	🇩🇪 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: A$0.93 Billion