Magic Software (MGIC) - Market capitalization

Market cap: NZ$1.03 Billion

As of December 2024 Magic Software has a market cap of NZ$1.03 Billion. This makes Magic Software the world's 6451th 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	NZ$1.03 B	37.15%
2023	NZ$0.75 B	-39.71%
2022	NZ$1.24 B	-17.9%
2021	NZ$1.51 B	41.93%
2020	NZ$1.07 B	51.86%
2019	NZ$0.70 B	26.58%
2018	NZ$0.55 B	6.14%
2017	NZ$0.52 B	22.9%
2016	NZ$0.42 B	17.77%
2015	NZ$0.36 B	7.29%
2014	NZ$0.33 B	4.87%
2013	NZ$0.32 B	56.84%
2012	NZ$0.20 B	-15%
2011	NZ$0.24 B	-15.97%
2010	NZ$0.28 B	185.68%
2009	NZ$0.10 B	42.91%
2008	NZ$70.45 M	-9.47%
2007	NZ$77.82 M	-22.2%
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 Dec 2nd, 2024 the market cap of Magic Software was reported to be:

NZ$1.00 Billion

by Nasdaq

NZ$1.00 Billion

by CompaniesMarketCap

Market capitalization for similar companies or competitors

Name	Marketcap	Market cap differencediff.	Country
Formula Systems FORTY	NZ$2.33 B	125.95%	🇮🇱 Israel
Oracle ORCL	NZ$856.12 B	82,880.81%	🇺🇸 USA
Microsoft MSFT	NZ$5.437 T	526,956.95%	🇺🇸 USA
IBM IBM	NZ$357.57 B	34,558.81%	🇺🇸 USA
SAP SAP	NZ$484.99 B	46,908.24%	🇩🇪 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$1.03 Billion