FORTY
Price
$102.00
Change
+$0.40 (+0.39%)
Updated
Jun 13 closing price
Capitalization
1.62B
MGIC
Price
$15.23
Change
-$0.56 (-3.55%)
Updated
Jun 13 closing price
Capitalization
790.81M
59 days until earnings call
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FORTY vs MGIC

Header iconFORTY vs MGIC Comparison
Open Charts FORTY vs MGICBanner chart's image
Formula Systems (1985)
Price$102.00
Change+$0.40 (+0.39%)
Volume$519
Capitalization1.62B
Magic Software Enterprises
Price$15.23
Change-$0.56 (-3.55%)
Volume$50.54K
Capitalization790.81M
FORTY vs MGIC Comparison Chart
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MGIC
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Gain/Loss if bought
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FORTY vs. MGIC commentary
Jun 15, 2025

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is FORTY is a Hold and MGIC is a Hold.

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COMPARISON
Comparison
Jun 15, 2025
Stock price -- (FORTY: $102.00 vs. MGIC: $15.23)
Brand notoriety: FORTY and MGIC are both not notable
Both companies represent the Information Technology Services industry
Current volume relative to the 65-day Moving Average: FORTY: 87% vs. MGIC: 103%
Market capitalization -- FORTY: $1.62B vs. MGIC: $790.81M
FORTY [@Information Technology Services] is valued at $1.62B. MGIC’s [@Information Technology Services] market capitalization is $790.81M. The market cap for tickers in the [@Information Technology Services] industry ranges from $257.65B to $0. The average market capitalization across the [@Information Technology Services] industry is $10.51B.

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

FORTY’s FA Score shows that 1 FA rating(s) are green whileMGIC’s FA Score has 2 green FA rating(s).

  • FORTY’s FA Score: 1 green, 4 red.
  • MGIC’s FA Score: 2 green, 3 red.
According to our system of comparison, both FORTY and MGIC are a good buy in the long-term.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

MGIC’s TA Score shows that 3 TA indicator(s) are bullish.

  • MGIC’s TA Score: 3 bullish, 5 bearish.

Price Growth

FORTY (@Information Technology Services) experienced а -7.27% price change this week, while MGIC (@Information Technology Services) price change was -6.85% for the same time period.

The average weekly price growth across all stocks in the @Information Technology Services industry was -3.27%. For the same industry, the average monthly price growth was -1.79%, and the average quarterly price growth was -2.64%.

Reported Earning Dates

MGIC is expected to report earnings on Aug 13, 2025.

Industries' Descriptions

@Information Technology Services (-3.27% weekly)

The industry, whose total market cap runs into trillions, makes hardware/software that allows data to be stored, retrieved, transmitted, and manipulated on computers. With the ever-increasing relevance of data, the information technology (IT) industry has gained momentous growth over the years, and continues to thrive on innovation. Some of the behemoths in the industry are International Business Machines Corporation, Accenture, and VMware, Inc.

SUMMARIES
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FUNDAMENTALS
Fundamentals
FORTY($1.63B) has a higher market cap than MGIC($791M). MGIC (20.04) and FORTY (19.54) have similar P/E ratio . MGIC YTD gains are higher at: 29.836 vs. FORTY (15.823). FORTY has higher annual earnings (EBITDA): 284M vs. MGIC (83.8M). FORTY has more cash in the bank: 527M vs. MGIC (105M). MGIC has less debt than FORTY: MGIC (82.1M) vs FORTY (627M). FORTY has higher revenues than MGIC: FORTY (2.81B) vs MGIC (569M).
FORTYMGICFORTY / MGIC
Capitalization1.63B791M205%
EBITDA284M83.8M339%
Gain YTD15.82329.83653%
P/E Ratio19.5420.0498%
Revenue2.81B569M495%
Total Cash527M105M502%
Total Debt627M82.1M764%
FUNDAMENTALS RATINGS
FORTY vs MGIC: Fundamental Ratings
FORTY
MGIC
OUTLOOK RATING
1..100
5050
VALUATION
overvalued / fair valued / undervalued
1..100
13
Undervalued
6
Undervalued
PROFIT vs RISK RATING
1..100
5760
SMR RATING
1..100
6057
PRICE GROWTH RATING
1..100
4543
P/E GROWTH RATING
1..100
3418
SEASONALITY SCORE
1..100
9585

Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.

MGIC's Valuation (6) in the Packaged Software industry is in the same range as FORTY (13) in the Information Technology Services industry. This means that MGIC’s stock grew similarly to FORTY’s over the last 12 months.

FORTY's Profit vs Risk Rating (57) in the Information Technology Services industry is in the same range as MGIC (60) in the Packaged Software industry. This means that FORTY’s stock grew similarly to MGIC’s over the last 12 months.

MGIC's SMR Rating (57) in the Packaged Software industry is in the same range as FORTY (60) in the Information Technology Services industry. This means that MGIC’s stock grew similarly to FORTY’s over the last 12 months.

MGIC's Price Growth Rating (43) in the Packaged Software industry is in the same range as FORTY (45) in the Information Technology Services industry. This means that MGIC’s stock grew similarly to FORTY’s over the last 12 months.

MGIC's P/E Growth Rating (18) in the Packaged Software industry is in the same range as FORTY (34) in the Information Technology Services industry. This means that MGIC’s stock grew similarly to FORTY’s over the last 12 months.

TECHNICAL ANALYSIS
Technical Analysis
MGIC
RSI
ODDS (%)
Bearish Trend 3 days ago
76%
Stochastic
ODDS (%)
Bearish Trend 3 days ago
70%
Momentum
ODDS (%)
Bearish Trend 3 days ago
68%
MACD
ODDS (%)
Bearish Trend 3 days ago
61%
TrendWeek
ODDS (%)
Bearish Trend 3 days ago
67%
TrendMonth
ODDS (%)
Bullish Trend 3 days ago
70%
Advances
ODDS (%)
Bullish Trend 19 days ago
71%
Declines
ODDS (%)
Bearish Trend 3 days ago
67%
BollingerBands
ODDS (%)
Bullish Trend 3 days ago
76%
Aroon
ODDS (%)
Bullish Trend 3 days ago
60%
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MGIC
Daily Signalchanged days ago
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FORTY and

Correlation & Price change

A.I.dvisor tells us that FORTY and GMM have been poorly correlated (+23% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that FORTY and GMM's prices will move in lockstep.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To FORTY
1D Price
Change %
FORTY100%
+0.39%
GMM - FORTY
23%
Poorly correlated
-4.33%
TASK - FORTY
22%
Poorly correlated
-0.30%
NYAX - FORTY
22%
Poorly correlated
-1.09%
LDOS - FORTY
21%
Poorly correlated
+0.77%
MGIC - FORTY
21%
Poorly correlated
-3.55%
More

MGIC and

Correlation & Price change

A.I.dvisor tells us that MGIC and NYAX have been poorly correlated (+33% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that MGIC and NYAX's prices will move in lockstep.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To MGIC
1D Price
Change %
MGIC100%
-3.55%
NYAX - MGIC
33%
Poorly correlated
-1.09%
UIS - MGIC
29%
Poorly correlated
-8.85%
KD - MGIC
28%
Poorly correlated
-2.29%
CTSH - MGIC
28%
Poorly correlated
-1.88%
CDW - MGIC
28%
Poorly correlated
-2.48%
More