MAGIC SOFTWARE ENTERPRISES LTD. (RMTHF) Return on equity 2021–2024
MAGIC SOFTWARE ENTERPRISES LTD. (RMTHF) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
13.3%FY2024 · since FY2021: 11.2% → 13.3%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2024 | 13.3% | -0.6 pp |
| FY2023 | 13.9% | -1.5 pp |
| FY2022 | 15.4% | +4.2 pp |
| FY2021 | 11.2% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice
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