Magic Software (MGIC) - Market capitalization

Market cap: HK$4.19 Billion

As of November 2024 Magic Software has a market cap of HK$4.19 Billion. This makes Magic Software the world's 6552th 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	HK$4.19 B	12.94%
2023	HK$3.71 B	-39.97%
2022	HK$6.18 B	-23.54%
2021	HK$8.09 B	35.15%
2020	HK$5.98 B	61.95%
2019	HK$3.69 B	26.4%
2018	HK$2.92 B	0.48%
2017	HK$2.91 B	26.96%
2016	HK$2.29 B	19.25%
2015	HK$1.92 B	-6.35%
2014	HK$2.05 B	0.02%
2013	HK$2.05 B	56.74%
2012	HK$1.31 B	-10.59%
2011	HK$1.46 B	-15.16%
2010	HK$1.72 B	204.56%
2009	HK$0.56 B	79.47%
2008	HK$0.31 B	-32.02%
2007	HK$0.46 B	-15.2%
2006	HK$0.54 B	48.72%
2005	HK$0.36 B	-52.32%
2004	HK$0.77 B	-25.05%
2003	HK$1.03 B	252.31%
2002	HK$0.29 B	-36.89%
2001	HK$0.46 B	-14.91%
2000	HK$0.54 B	-86.98%
1999	HK$4.18 B	2680.79%
1998	HK$0.15 B	-1.58%
1997	HK$0.15 B	-54.15%
1996	HK$0.33 B

End of Day market cap according to different sources

On Nov 20th, 2024 the market cap of Magic Software was reported to be:

HK$4.17 Billion

by Nasdaq

HK$4.17 Billion

by CompaniesMarketCap

Market capitalization for similar companies or competitors

Name	Marketcap	Market cap differencediff.	Country
Formula Systems FORTY	HK$9.87 B	135.26%	🇮🇱 Israel
Oracle ORCL	HK$4.113 T	97,935.11%	🇺🇸 USA
Microsoft MSFT	HK$24.040 T	572,835.44%	🇺🇸 USA
IBM IBM	HK$1.544 T	36,702.38%	🇺🇸 USA
SAP SAP	HK$2.133 T	50,746.46%	🇩🇪 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: HK$4.19 Billion