` Comparison: 2345 vs MGIC - Alpha Spread
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2345
vs
MGIC

Over the past 12 months, Kushim Inc has underperformed MGIC, delivering a return of +40% compared to the MGIC's +45 396% growth.

Valuation Growth Profitability Solvency Stocks Performance
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2345
MGIC
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2345 MGIC
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Valuation Comparison

Intrinsic Value
46.37 JPY
Overvaluation 80%
Intrinsic Value
Price
MGIC Intrinsic Value
17.42 USD
Overvaluation 100%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
Kushim Inc
TSE:2345
230 JPY
Magic Software Enterprises Ltd
NASDAQ:MGIC
5 596 USD
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Growth Comparison

Growth Over Time
2345, MGIC

2345
MGIC
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Revenue
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Company LTM Historical Growth Growth Streak % Positive Years Max Drawdown Volatility Forecasted Growth
3 Years 5 Years 10 Years 1 Year 3 Years
Kushim Inc
Revenue
Magic Software Enterprises Ltd
Revenue

All metrics are calculated based on data from the last 10 years.

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Profitability Comparison

Free Cash Flow
2345, MGIC

2345
MGIC
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Free Cash Flow
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Company LTM Average Historical Growth FCF Margin Conversion
3 Years 5 Years 3 Years 5 Years 10 Years
Kushim Inc
TSE:2345
Magic Software Enterprises Ltd
NASDAQ:MGIC
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What is Free Cash Flow?

Gross Margin

Kushim Inc
93%
MGIC
28.4%

Operating Margin

Kushim Inc
-1 841.3%
MGIC
10.9%

Net Margin

Kushim Inc
-5 144%
MGIC
6.6%

FCF Margin

Kushim Inc
-4 752%
MGIC
8.7%

ROE

Kushim Inc
-146.8%
MGIC
14.2%

ROA

Kushim Inc
-3.1%
MGIC
7.3%

ROIC

Kushim Inc
-1.1%
MGIC
11.3%

ROCE

Kushim Inc
-27.8%
MGIC
17.2%

Solvency Comparison

Kushim Inc
Equity Waterfall
Assets
Liabilities
Equity
What is Equity Waterfall?
Magic Software Enterprises Ltd
Equity Waterfall
Assets
Liabilities
Equity
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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
2345, MGIC

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1Y 3Y 5Y 10Y 15Y 20Y
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Performance Gap
2345, MGIC

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2345
MGIC
Difference
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1Y 3Y 5Y 10Y 15Y 20Y

Performance By Year
2345, MGIC

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MGIC
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