View Financial HealthFormula Systems (1985) 配当と自社株買い配当金 基準チェック /26Formula Systems (1985)は配当を支払う会社で、現在の利回りは1.39%ですが、利益によって十分にカバーされています。次の支払い日は 4th June, 2026で、権利落ち日は25th May, 2026 。主要情報1.4%配当利回りn/aバイバック利回り総株主利回りn/a将来の配当利回りn/a配当成長9.5%次回配当支払日04 Jun 26配当落ち日25 May 26一株当たり配当金n/a配当性向49%最近の配当と自社株買いの更新お知らせ • May 17Formula Systems (1985) Ltd. Declares Special Cash Dividend for Year 2025, Payable on June 4, 2026Formula Systems (1985) Ltd. announced that its board of directors has approved the distribution of a special cash dividend, based on Formula’s results for 2025, including, in particular, the completion of the acquisition of Sapiens by Advent, of $13.045 per share, or approximately $200.0 million in total. The dividend will be paid on June 4, 2026 to all of the Company’s shareholders of record at the close of trading on the Nasdaq Global Select Market (or the Tel-Aviv Stock Exchange, as appropriate) on May 25, 2026. The dividend will be paid in U.S dollars both with respect to the Company's ordinary shares traded on the Tel Aviv Stock Exchange and its American Depositary Receipts traded on the Nasdaq Global Select Market.Upcoming Dividend • Dec 23Upcoming dividend of ₪1.64 per shareEligible shareholders must have bought the stock before 30 December 2025. Payment date: 13 January 2026. Trailing yield: 1.1%. Lower than top quartile of Israeli dividend payers (5.4%). Lower than average of industry peers (2.2%).お知らせ • Nov 22Formula Systems (1985) Ltd. Approves the Distribution of a Cash Dividend Third Quarter of 2025, Payable on January 13, 2025Formula Systems (1985) Ltd.’s board of directors approved the distribution of a cash dividend in an amount of NIS 1.64 per share (approximately $0.50 per share) and in an aggregate amount of approximately NIS 25.2 million (approximately $7.7 million) for the third quarter of 2025 . The dividend is payable on January 13, 2026, to all of the Company’s shareholders of record at the close of trading on the Nasdaq Global Select Market (or the Tel-Aviv Stock Exchange, as appropriate) on December 30, 2025. The dividend will be paid in New Israeli Shekels with respect to the Company's ordinary shares traded on the Tel Aviv Stock Exchange and American Depositary Receipts traded on the Nasdaq Globa l Select Market.Upcoming Dividend • Oct 08Upcoming dividend of ₪1.69 per shareEligible shareholders must have bought the stock before 15 October 2025. Payment date: 28 October 2025. Trailing yield: 1.4%. Lower than top quartile of Israeli dividend payers (5.5%). Lower than average of industry peers (2.6%).お知らせ • Aug 19Formula Systems (1985) Ltd. Approves Cash Dividend for Second Quarter of 2025, Payable on October 28, 2025Formula Systems (1985) Ltd. approved the distribution of a cash dividend in an amount of NIS 1.69 per share (approximately $0.50 per share) and in an aggregate amount of approximately NIS 25.9 million (approximately $7.7 million). The dividend is payable on October 28, 2025, to all of the Company's shareholders of record at the close of trading on the Nasdaq Global Select Market (or the Tel-Aviv Stock Exchange, as appropriate) on October 14, 2025. The dividend will be paid in New Israeli Shekels with respect to the Company's ordinary shares traded on the Tel Aviv Stock Exchange and American Depositary Receipts traded on the Nasdaq Global Select Market.お知らせ • May 22Formula Systems (1985) Ltd. Approves Cash Dividend for First Quarter of 2025, Payable on July 22, 2025Formula Systems (1985) Ltd. approved the distribution of a cash dividend in an amount of NIS 1.57 per share (approximately $0.44 per share) and in an aggregate amount of approximately NIS 24.1 million (approximately $6.8 million). The dividend is payable on July 22, 2025, to all of the Company’s shareholders of record at the close of trading on the Nasdaq Global Select Market (or the Tel-Aviv Stock Exchange, as appropriate) on July 7, 2025. The dividend will be paid in New Israeli Shekels with respect to the Company's ordinary shares traded on the Tel Aviv Stock Exchange and American Depositary Receipts traded on the Nasdaq Global Select Market.すべての更新を表示Recent updatesお知らせ • May 17Formula Systems (1985) Ltd. Declares Special Cash Dividend for Year 2025, Payable on June 4, 2026Formula Systems (1985) Ltd. announced that its board of directors has approved the distribution of a special cash dividend, based on Formula’s results for 2025, including, in particular, the completion of the acquisition of Sapiens by Advent, of $13.045 per share, or approximately $200.0 million in total. The dividend will be paid on June 4, 2026 to all of the Company’s shareholders of record at the close of trading on the Nasdaq Global Select Market (or the Tel-Aviv Stock Exchange, as appropriate) on May 25, 2026. The dividend will be paid in U.S dollars both with respect to the Company's ordinary shares traded on the Tel Aviv Stock Exchange and its American Depositary Receipts traded on the Nasdaq Global Select Market.ライブニュース • May 16Formula Systems Declares $200 Million Special Dividend After Sapiens Deal CompletionFormula Systems (1985) declared a special cash dividend of about US$200 million, equal to US$13.045 per share, tied to its 2025 financial results. The payout is contingent on the completion of Advent’s acquisition of Sapiens, reflecting Formula Systems’ role in that transaction. Shareholders of record on May 25, 2026 will receive the dividend on June 4, 2026, with payments made in US$ on both the Tel Aviv Stock Exchange and Nasdaq. The size and timing of the special dividend indicate that Formula Systems plans to return a substantial amount of cash to shareholders following the Sapiens deal, rather than retain all proceeds on its balance sheet. It may be useful to monitor how this one-off payout affects future dividend expectations, liquidity and any changes in the company’s portfolio after the Sapiens transaction closes.お知らせ • May 02Formula Systems (1985) Ltd. announced delayed 20-F filingOn 04/30/2026, Formula Systems (1985) Ltd. announced that they will be unable to file their next 20-F by the deadline required by the SEC.New Risk • Apr 22New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Israeli stocks, typically moving 8.5% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.5% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (1.5% net profit margin).Valuation Update With 7 Day Price Move • Apr 20Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₪414, the stock trades at a trailing P/E ratio of 55x. Average trailing P/E is 20x in the IT industry in Israel. Total returns to shareholders of 91% over the past three years.Reported Earnings • Mar 27Full year 2025 earnings released: EPS: US$2.53 (vs US$5.21 in FY 2024)Full year 2025 results: EPS: US$2.53 (down from US$5.21 in FY 2024). Revenue: US$2.63b (down 4.7% from FY 2024). Net income: US$38.7m (down 52% from FY 2024). Profit margin: 1.5% (down from 2.9% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.お知らせ • Feb 25Matrix IT Ltd. (TASE:MTRX) completed the acquisition of Magic Software Enterprises Ltd. (NasdaqGS:MGIC) from Formula Systems (1985) Ltd. (TASE:FORTY) and others.Matrix IT Ltd. (TASE:MTRX) entered into memorandum of understanding to acquire Magic Software Enterprises Ltd. (NasdaqGS:MGIC) from Formula Systems (1985) Ltd. (TASE:FORTY) and others for ILS 2.6 billion on March 10, 2025. The consideration consists of issue of ordinary shares of Matrix IT Ltd. in exchange for Magic Software Enterprises Ltd shares, an aggregate of 28,861,563 ordinary shares of Matrix, representing 0.5878202 Matrix ordinary shares for each one (1) Magic Software Enterprises Ltd ordinary share. Upon completion, Eligible Shareholders of Magic Software Enterprises Ltd are expected to hold, 31.125% of the issued and paid-up share capital of Matrix on a fully diluted basis, and the shareholders of Matrix are expected to hold 68.875% of the issued and paid-up share capital of Matrix on a fully diluted basis. Upon completion of the Merger, Matrix will acquire the entire share capital of Magic on a fully diluted basis by way of a reverse triangular merger, and Magic will become a private wholly-owned of Matrix. On November 3, 2025, Magic Software Enterprises Ltd. entered into a definitive Agreement and Plan of Merger with Matrix IT Ltd. The transaction is subject to approval by regulatory board / committee, consummation of due diligence investigation, definitive agreement, approval by shareholders of both Matrix and Magic Software and third party approval needed. The deal has been approved by the Magic Software board. Matrix board of directors appointed an independent committee to evaluate the transaction. As of December 10, 2025, the transaction has been approved by the shareholders of Magic Software Enterprises Ltd. As of February 5, 2026, the parties have satisfied the conditions precedent to the closing of the Merger, including the receipt of the Israel Tax Authority tax ruling, except the receipt of the merger certificate from the Israeli Registrar of Companies is still pending. Value Base M&A Ltd. acted as financial advisor for Magic Software Enterprises Ltd. Gornitzky & Co. acted as legal advisor for Magic Software Enterprises Ltd. Guy Ben Ami, Steven Glusband and Melinda Fellner of Carter Ledyard & Milburn, LLP acted as legal advisor for Magic Software Enterprises Ltd. William Blair & Company, L.L.C. acted as financial advisor for Matrix IT Ltd. Jefferies LLC acted as financial advisor, KPMG acted as an accountant and Herzog Fox & Neeman acted as legal advisor for the independent committee of Matrix IT Ltd. Carter Ledyard & Milburn acted as U.S. securities counsel. Prometheus Financial Advisory acted as fairness opinion provider to Matrix IT Ltd. Matrix IT Ltd. (TASE:MTRX) completed the acquisition of Magic Software Enterprises Ltd. (NasdaqGS:MGIC) from Formula Systems (1985) Ltd. (TASE:FORTY) and others on February 24, 2026. The transaction has received the merger certificate issued by the Israeli Registrar of Companies. Upon receipt of the Merger Certificate, all Conditions Precedent to completion of the Merger were satisfied. Following the completion of the Merger, the Magic Software Enterprises Ltd.'s ordinary shares will be delisted from trading on the TASE and from NASDAQ, and the Company will be a private company wholly owned by Matrix IT Ltd.New Risk • Feb 11New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Israeli stocks, typically moving 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • Feb 05Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ₪413, the stock trades at a trailing P/E ratio of 27.2x. Average trailing P/E is 23x in the IT industry in Israel. Total returns to shareholders of 62% over the past three years.分析記事 • Jan 30Is Formula Systems (1985) (TLV:FORTY) A Risky Investment?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...分析記事 • Jan 04Formula Systems (1985) Ltd.'s (TLV:FORTY) Business Is Trailing The Market But Its Shares Aren'tWith a price-to-earnings (or "P/E") ratio of 34.6x Formula Systems (1985) Ltd. ( TLV:FORTY ) may be sending very...Upcoming Dividend • Dec 23Upcoming dividend of ₪1.64 per shareEligible shareholders must have bought the stock before 30 December 2025. Payment date: 13 January 2026. Trailing yield: 1.1%. Lower than top quartile of Israeli dividend payers (5.4%). Lower than average of industry peers (2.2%).お知らせ • Nov 22Formula Systems (1985) Ltd. Approves the Distribution of a Cash Dividend Third Quarter of 2025, Payable on January 13, 2025Formula Systems (1985) Ltd.’s board of directors approved the distribution of a cash dividend in an amount of NIS 1.64 per share (approximately $0.50 per share) and in an aggregate amount of approximately NIS 25.2 million (approximately $7.7 million) for the third quarter of 2025 . The dividend is payable on January 13, 2026, to all of the Company’s shareholders of record at the close of trading on the Nasdaq Global Select Market (or the Tel-Aviv Stock Exchange, as appropriate) on December 30, 2025. The dividend will be paid in New Israeli Shekels with respect to the Company's ordinary shares traded on the Tel Aviv Stock Exchange and American Depositary Receipts traded on the Nasdaq Globa l Select Market.Reported Earnings • Nov 22Third quarter 2025 earnings released: EPS: US$0.76 (vs US$1.54 in 3Q 2024)Third quarter 2025 results: EPS: US$0.76 (down from US$1.54 in 3Q 2024). Revenue: US$696.6m (flat on 3Q 2024). Net income: US$11.6m (down 51% from 3Q 2024). Profit margin: 1.7% (down from 3.4% in 3Q 2024). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 22% per year, which means it is well ahead of earnings.分析記事 • Oct 30Here's Why Formula Systems (1985) (TLV:FORTY) Can Manage Its Debt ResponsiblyWarren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...Upcoming Dividend • Oct 08Upcoming dividend of ₪1.69 per shareEligible shareholders must have bought the stock before 15 October 2025. Payment date: 28 October 2025. Trailing yield: 1.4%. Lower than top quartile of Israeli dividend payers (5.5%). Lower than average of industry peers (2.6%).分析記事 • Oct 03Returns At Formula Systems (1985) (TLV:FORTY) Are On The Way UpThere are a few key trends to look for if we want to identify the next multi-bagger. Amongst other things, we'll want...分析記事 • Sep 12Some Confidence Is Lacking In Formula Systems (1985) Ltd.'s (TLV:FORTY) P/EFormula Systems (1985) Ltd.'s ( TLV:FORTY ) price-to-earnings (or "P/E") ratio of 27.5x might make it look like a...Reported Earnings • Aug 19Second quarter 2025 earnings released: EPS: US$0.98 (vs US$1.23 in 2Q 2024)Second quarter 2025 results: EPS: US$0.98 (down from US$1.23 in 2Q 2024). Revenue: US$743.4m (up 11% from 2Q 2024). Net income: US$15.1m (down 20% from 2Q 2024). Profit margin: 2.0% (down from 2.8% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.お知らせ • Aug 19Formula Systems (1985) Ltd. Approves Cash Dividend for Second Quarter of 2025, Payable on October 28, 2025Formula Systems (1985) Ltd. approved the distribution of a cash dividend in an amount of NIS 1.69 per share (approximately $0.50 per share) and in an aggregate amount of approximately NIS 25.9 million (approximately $7.7 million). The dividend is payable on October 28, 2025, to all of the Company's shareholders of record at the close of trading on the Nasdaq Global Select Market (or the Tel-Aviv Stock Exchange, as appropriate) on October 14, 2025. The dividend will be paid in New Israeli Shekels with respect to the Company's ordinary shares traded on the Tel Aviv Stock Exchange and American Depositary Receipts traded on the Nasdaq Global Select Market.New Risk • Aug 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Israeli stocks, typically moving 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.Board Change • Jul 30Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Itay Meroz was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • May 22Formula Systems (1985) Ltd. Approves Cash Dividend for First Quarter of 2025, Payable on July 22, 2025Formula Systems (1985) Ltd. approved the distribution of a cash dividend in an amount of NIS 1.57 per share (approximately $0.44 per share) and in an aggregate amount of approximately NIS 24.1 million (approximately $6.8 million). The dividend is payable on July 22, 2025, to all of the Company’s shareholders of record at the close of trading on the Nasdaq Global Select Market (or the Tel-Aviv Stock Exchange, as appropriate) on July 7, 2025. The dividend will be paid in New Israeli Shekels with respect to the Company's ordinary shares traded on the Tel Aviv Stock Exchange and American Depositary Receipts traded on the Nasdaq Global Select Market.お知らせ • May 01Formula Systems (1985) Ltd. announced delayed 20-F filingOn 04/30/2025, Formula Systems (1985) Ltd. announced that they will be unable to file their next 20-F by the deadline required by the SEC.Upcoming Dividend • Apr 27Upcoming dividend of ₪3.45 per shareEligible shareholders must have bought the stock before 04 May 2025. Payment date: 14 May 2025. Trailing yield: 2.0%. Lower than top quartile of Israeli dividend payers (6.4%). Lower than average of industry peers (3.1%).お知らせ • Apr 23Formula Systems (1985) Ltd., Annual General Meeting, May 27, 2025Formula Systems (1985) Ltd., Annual General Meeting, May 27, 2025. Location: terminal center, 1 yahadut canada st., or yehuda 6037501, Israel分析記事 • Apr 13Should You Be Adding Formula Systems (1985) (TLV:FORTY) To Your Watchlist Today?Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...New Risk • Apr 06New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.3% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.分析記事 • Mar 21Pinning Down Formula Systems (1985) Ltd.'s (TLV:FORTY) P/E Is Difficult Right NowFormula Systems (1985) Ltd.'s ( TLV:FORTY ) price-to-earnings (or "P/E") ratio of 17.9x might make it look like a sell...Reported Earnings • Mar 20Full year 2024 earnings released: EPS: US$5.21 (vs US$4.18 in FY 2023)Full year 2024 results: EPS: US$5.21 (up from US$4.18 in FY 2023). Revenue: US$2.76b (up 5.2% from FY 2023). Net income: US$79.7m (up 25% from FY 2023). Profit margin: 2.9% (up from 2.4% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 1% per year.お知らせ • Mar 20Formula Systems (1985) Ltd Declares Cash Dividend for the Second Half Ended December 31, 2024, Payable on May 14, 2025Formula Systems (1985) Ltd.'s board of directors approved the distribution of a cash dividend in an amount of NIS 3.45 per share (approximately $0.94 per share) and in an aggregate amount of approximately NIS 52.9 million (approximately $14.4 million) for the second half ended December 31, 2024. The dividend is payable on May 14, 2025, to all of the Company's shareholders of record at the close of trading on the Nasdaq Global Select Market (or the Tel-Aviv Stock Exchange, as appropriate) on April 30, 2025.お知らせ • Mar 13Matrix IT Ltd. (TASE:MTRX) entered into MOU to acquire Magic Software Enterprises Ltd. (NasdaqGS:MGIC).Matrix IT Ltd. (TASE:MTRX) entered into MOU to acquire Magic Software Enterprises Ltd. (NasdaqGS:MGIC) on March 10, 2025. The consideration consists of common equity of Matrix IT Ltd. to be issued for common equity of Magic Software Enterprises Ltd. As part of consideration, an undisclosed value is paid towards common equity of Magic Software Enterprises Ltd. Upon completion of the Merger, Matrix will acquire the entire share capital of Magic on a fully diluted basis by way of a reverse triangular merger, and Magic will become a private wholly-owned of Matrix. Magic's shareholders will receive merger consideration in Matrix shares, based on the relative valuations of both Companies presented by the Committees' financial advisors (which were adopted by the Committee, including in its capacity as Magic's Audit Committee, and by Magic’s Board of Directors) and the derived exchange ratio derived of 31.125%/68.875%. The transaction is subject to approval by regulatory board / committee, consummation of due diligence investigation, definitive agreement and third party approval needed. The deal has been approved by the Magic Software board. Value Base M&A Ltd. acted as financial advisor for Magic Software Enterprises Ltd. Gornitzky & Co. acted as legal advisor for Magic Software Enterprises Ltd. William Blair & Company, L.L.C acted as financial advisor for Matrix IT Ltd.分析記事 • Feb 26Does Formula Systems (1985) (TLV:FORTY) Have A Healthy Balance Sheet?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...分析記事 • Dec 25Formula Systems (1985)'s (TLV:FORTY) Returns On Capital Are Heading HigherIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...Reported Earnings • Nov 23Third quarter 2024 earnings released: EPS: US$1.54 (vs US$1.02 in 3Q 2023)Third quarter 2024 results: EPS: US$1.54 (up from US$1.02 in 3Q 2023). Revenue: US$699.9m (up 6.9% from 3Q 2023). Net income: US$23.6m (up 51% from 3Q 2023). Profit margin: 3.4% (up from 2.4% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.分析記事 • Nov 20Formula Systems (1985) Ltd.'s (TLV:FORTY) Shareholders Might Be Looking For ExitWith a price-to-earnings (or "P/E") ratio of 18.9x Formula Systems (1985) Ltd. ( TLV:FORTY ) may be sending bearish...分析記事 • Oct 23Formula Systems (1985) (TLV:FORTY) Has A Pretty Healthy Balance SheetThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Upcoming Dividend • Sep 05Upcoming dividend of ₪2.32 per shareEligible shareholders must have bought the stock before 12 September 2024. Payment date: 26 September 2024. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of Israeli dividend payers (6.9%). Lower than average of industry peers (3.2%).Reported Earnings • Aug 21Second quarter 2024 earnings released: EPS: US$1.23 (vs US$1.11 in 2Q 2023)Second quarter 2024 results: EPS: US$1.23 (up from US$1.11 in 2Q 2023). Revenue: US$667.7m (up 1.9% from 2Q 2023). Net income: US$18.8m (up 11% from 2Q 2023). Profit margin: 2.8% (up from 2.6% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.お知らせ • Aug 20Formula Systems (1985) Ltd. Approves Cash Dividend for the Six Months Ended June 30, 2024, Payable on September 26, 2024Formula Systems (1985) Ltd. approved the distribution of a cash dividend in an amount of ILS 2.32 per share (approximately $0.63 per share) and in an aggregate amount of approximately ILS 35.6 million (approximately $9.6 million). The dividend is payable on September 26, 2024, to all of the Company's shareholders of record at the close of trading on the Nasdaq Global Select Market (or the Tel-Aviv Stock Exchange, as appropriate) on September 12, 2024. The dividend will be paid in New Israeli Shekels with respect to the Company's ordinary shares traded on the Tel Aviv Stock Exchange and American Depositary Receipts traded on the Nasdaq Global Select Market.Board Change • Jul 29Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Itay Meroz was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.お知らせ • Apr 30Formula Systems (1985) Ltd. announced delayed 20-F filingOn 04/29/2024, Formula Systems (1985) Ltd. announced that they will be unable to file their next 20-F by the deadline required by the SEC.分析記事 • Apr 16Here's Why Formula Systems (1985) (TLV:FORTY) Can Manage Its Debt ResponsiblySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...お知らせ • Apr 05Formula Systems (1985) Ltd., Annual General Meeting, May 09, 2024Formula Systems (1985) Ltd., Annual General Meeting, May 09, 2024, at 14:00 Israel Standard Time. Location: Terminal Center, 1 Street, Or Yehuda Israel Agenda: To re-elect Mr. Marek Panek to the Company’s board of directors, or the Board, to hold office until company's next annual general meeting of shareholders and until his successor is duly elected and qualified; to re-elect Mr. Rafal Kozlowski to the Board, to hold office until company's next annual general meeting of shareholders and until his successor is duly elected and qualified; to re-elect Mr. Ohad Melnik to the Board, to hold office until company's next annual general meeting of shareholders and until his successor is duly elected and qualified; to re-elect Ms. Gabriela Żukowicz to the Board, to hold office until company's next annual general meeting of shareholders and until her successor is duly elected and qualified; and to consider other matters.Upcoming Dividend • Mar 28Upcoming dividend of ₪2.30 per shareEligible shareholders must have bought the stock before 04 April 2024. Payment date: 18 April 2024. Trailing yield: 1.5%. Lower than top quartile of Israeli dividend payers (6.8%). Lower than average of industry peers (2.7%).Reported Earnings • Mar 20Full year 2023 earnings released: EPS: US$4.18 (vs US$5.32 in FY 2022)Full year 2023 results: EPS: US$4.18 (down from US$5.32 in FY 2022). Revenue: US$2.62b (up 1.9% from FY 2022). Net income: US$64.0m (down 21% from FY 2022). Profit margin: 2.4% (down from 3.2% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.お知らせ • Mar 20Formula Systems (1985) Ltd. Approves Dividend for the Second Half of 2023, Payable on April 18, 2024Formula Systems (1985) Ltd. approved the distribution of a cash dividend in an amount of ILS 2.30 per share (approximately $0.63 per share) and in an aggregate amount of approximately ILS 35.3 million (approximately $10.0 million). The dividend is payable on April 18, 2024, to all of the Company’s shareholders of record at the close of trading on the Nasdaq Global Select Market (or the Tel-Aviv Stock Exchange, as appropriate) on April 4, 2024. The dividend will be paid in New Israeli Shekels with respect to the Company's ordinary shares traded on the Tel Aviv Stock Exchange and American Depositary Receipts traded on the Nasdaq Global Select Market.分析記事 • Mar 17We Like These Underlying Return On Capital Trends At Formula Systems (1985) (TLV:FORTY)If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'll want to see a proven...分析記事 • Feb 05Formula Systems (1985) Ltd.'s (TLV:FORTY) Shares May Have Run Too Fast Too SoonWhen close to half the companies in Israel have price-to-earnings ratios (or "P/E's") below 11x, you may consider...分析記事 • Dec 15The Return Trends At Formula Systems (1985) (TLV:FORTY) Look PromisingTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to...Reported Earnings • Nov 23Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: US$654.8m (up 4.3% from 3Q 2022). Net income: US$15.6m (down 7.6% from 3Q 2022). Profit margin: 2.4% (down from 2.7% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.分析記事 • Oct 11We Think Formula Systems (1985) (TLV:FORTY) Can Stay On Top Of Its DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...分析記事 • Aug 20Formula Systems (1985) (TLV:FORTY) Is Experiencing Growth In Returns On CapitalIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...Reported Earnings • Aug 18Second quarter 2023 earnings released: EPS: US$1.11 (vs US$2.15 in 2Q 2022)Second quarter 2023 results: EPS: US$1.11 (down from US$2.15 in 2Q 2022). Revenue: US$655.4m (up 1.7% from 2Q 2022). Net income: US$17.0m (down 48% from 2Q 2022). Profit margin: 2.6% (down from 5.1% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.Buying Opportunity • Jul 24Now 24% undervaluedOver the last 90 days, the stock is up 18%. The fair value is estimated to be ₪351, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 27%.Buying Opportunity • Jun 20Now 21% undervaluedOver the last 90 days, the stock is up 17%. The fair value is estimated to be ₪353, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 27%.分析記事 • Jun 13Formula Systems (1985) (TLV:FORTY) Seems To Use Debt Quite SensiblyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Upcoming Dividend • May 29Upcoming dividend of ₪2.30 per share at 1.8% yieldEligible shareholders must have bought the stock before 05 June 2023. Payment date: 22 June 2023. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Israeli dividend payers (7.2%). Lower than average of industry peers (3.2%).お知らせ • May 24Formula Systems (1985) Ltd. Approves Dividend for the Second Half of 2022, Payable on June 22, 2023Formula Systems (1985) Ltd. announced based on the company's results, the company's board of directors approved the distribution of a cash dividend for the second half of 2022 in an amount of ILS 2.30 per share (approximately $0.63 per share) and in an aggregate amount of approximately ILS 35.3 million (approximately $9.7 million). The dividend is payable on June 22, 2023, to all of the company's shareholders of record at the close of trading on the Nasdaq Global Select Market (or the Tel-Aviv Stock Exchange, as appropriate) on June 5, 2023.Reported Earnings • May 24First quarter 2023 earnings released: EPS: US$1.03 (vs US$1.06 in 1Q 2022)First quarter 2023 results: EPS: US$1.03 (down from US$1.06 in 1Q 2022). Revenue: US$670.4m (up 3.0% from 1Q 2022). Net income: US$15.7m (down 3.4% from 1Q 2022). Profit margin: 2.3% (down from 2.5% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Board Change • May 17Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent External Director Tomer Jacob was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.分析記事 • Apr 04Returns Are Gaining Momentum At Formula Systems (1985) (TLV:FORTY)If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...Reported Earnings • Mar 18Full year 2022 earnings released: EPS: US$5.32 (vs US$3.57 in FY 2021)Full year 2022 results: EPS: US$5.32 (up from US$3.57 in FY 2021). Revenue: US$2.57b (up 7.0% from FY 2021). Net income: US$81.4m (up 49% from FY 2021). Profit margin: 3.2% (up from 2.3% in FY 2021). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.分析記事 • Mar 14We Think Formula Systems (1985) (TLV:FORTY) Can Stay On Top Of Its DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...分析記事 • Feb 21With EPS Growth And More, Formula Systems (1985) (TLV:FORTY) Makes An Interesting CaseInvestors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...分析記事 • Dec 09Formula Systems (1985) (TLV:FORTY) Shareholders Will Want The ROCE Trajectory To ContinueIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'll want to see a proven...Upcoming Dividend • Nov 28Upcoming dividend of ₪2.16 per shareEligible shareholders must have bought the stock before 05 December 2022. Payment date: 20 December 2022. Trailing yield: 1.7%. Lower than top quartile of Israeli dividend payers (7.2%). Lower than average of industry peers (4.2%).Reported Earnings • Nov 18Third quarter 2022 earnings released: EPS: US$1.10 (vs US$0.87 in 3Q 2021)Third quarter 2022 results: EPS: US$1.10 (up from US$0.87 in 3Q 2021). Revenue: US$636.3m (up 8.5% from 3Q 2021). Net income: US$16.9m (up 27% from 3Q 2021). Profit margin: 2.7% (up from 2.3% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.分析記事 • Nov 08We Think Formula Systems (1985) (TLV:FORTY) Can Manage Its Debt With EaseDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...分析記事 • Oct 14Does Formula Systems (1985) (TLV:FORTY) Deserve A Spot On Your Watchlist?It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...Reported Earnings • Aug 18Second quarter 2022 earnings released: EPS: US$2.15 (vs US$0.87 in 2Q 2021)Second quarter 2022 results: EPS: US$2.15 (up from US$0.87 in 2Q 2021). Revenue: US$644.6m (up 9.6% from 2Q 2021). Net income: US$32.9m (up 147% from 2Q 2021). Profit margin: 5.1% (up from 2.3% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Independent Director Ohad Melnik was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.分析記事 • Apr 13Returns Are Gaining Momentum At Formula Systems (1985) (TLV:FORTY)What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...Upcoming Dividend • Apr 05Upcoming dividend of ₪2.56 per shareEligible shareholders must have bought the stock before 12 April 2022. Payment date: 26 April 2022. Payout ratio is a comfortable 44% but the company is not cash flow positive. Trailing yield: 1.5%. Lower than top quartile of Israeli dividend payers (5.5%). Lower than average of industry peers (2.4%).Reported Earnings • Mar 17Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: US$3.57 (up from US$3.06 in FY 2020). Revenue: US$2.41b (up 24% from FY 2020). Net income: US$54.6m (up 17% from FY 2020). Profit margin: 2.3% (down from 2.4% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Feb 23Here's Why I Think Formula Systems (1985) (TLV:FORTY) Is An Interesting StockFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...Board Change • Feb 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Independent Director Ohad Melnik was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.分析記事 • Jan 30We Think Formula Systems (1985) (TLV:FORTY) Can Manage Its Debt With EaseWarren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...分析記事 • Jan 10We Like These Underlying Return On Capital Trends At Formula Systems (1985) (TLV:FORTY)What are the early trends we should look for to identify a stock that could multiply in value over the long term...Reported Earnings • Nov 19Third quarter 2021 earnings released: EPS US$0.87 (vs US$0.83 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: US$586.3m (up 20% from 3Q 2020). Net income: US$13.3m (up 5.2% from 3Q 2020). Profit margin: 2.3% (down from 2.6% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Nov 02Does Formula Systems (1985) (TLV:FORTY) Deserve A Spot On Your Watchlist?For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...分析記事 • Oct 10These 4 Measures Indicate That Formula Systems (1985) (TLV:FORTY) Is Using Debt Reasonably WellSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Upcoming Dividend • Aug 25Upcoming dividend of ₪2.53 per shareEligible shareholders must have bought the stock before 01 September 2021. Payment date: 22 September 2021. Trailing yield: 1.6%. Lower than top quartile of Israeli dividend payers (5.3%). Lower than average of industry peers (2.2%).分析記事 • Aug 22Formula Systems (1985) (TLV:FORTY) Is Paying Out A Larger Dividend Than Last YearFormula Systems (1985) Ltd. ( TLV:FORTY ) has announced that it will be increasing its dividend on the 22nd of...Reported Earnings • Aug 22Second quarter 2021 earnings released: EPS US$0.87 (vs US$0.73 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: US$587.9m (up 35% from 2Q 2020). Net income: US$13.3m (up 19% from 2Q 2020). Profit margin: 2.3% (down from 2.6% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • May 01Here's Why Formula Systems (1985) (TLV:FORTY) Can Manage Its Debt ResponsiblyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...分析記事 • Apr 16Is Now The Time To Put Formula Systems (1985) (TLV:FORTY) On Your Watchlist?Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...分析記事 • Apr 01The Return Trends At Formula Systems (1985) (TLV:FORTY) Look PromisingThere are a few key trends to look for if we want to identify the next multi-bagger. Ideally, a business will show two...Reported Earnings • Mar 18Full year 2020 earnings released: EPS US$3.06 (vs US$2.56 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: US$1.93b (up 14% from FY 2019). Net income: US$46.8m (up 21% from FY 2019). Profit margin: 2.4% (up from 2.3% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Mar 17Formula Systems (1985) Ltd.'s (TLV:FORTY) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?Most readers would already be aware that Formula Systems (1985)'s (TLV:FORTY) stock increased significantly by 21% over...分析記事 • Mar 02Does Formula Systems (1985) Ltd. (TLV:FORTY) Have A Place In Your Dividend Portfolio?Could Formula Systems (1985) Ltd. ( TLV:FORTY ) be an attractive dividend share to own for the long haul? Investors are...分析記事 • Feb 14What Kind Of Investors Own Most Of Formula Systems (1985) Ltd. (TLV:FORTY)?A look at the shareholders of Formula Systems (1985) Ltd. ( TLV:FORTY ) can tell us which group is most powerful...分析記事 • Jan 29Here's Why Formula Systems (1985) (TLV:FORTY) Can Manage Its Debt ResponsiblyDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Valuation Update With 7 Day Price Move • Jan 20Investor sentiment improved over the past weekAfter last week's 15% share price gain to US$311, the stock is trading at a trailing P/E ratio of 32.6x, up from the previous P/E ratio of 28.3x. This compares to an average P/E of 29x in the IT industry in Israel. Total returns to shareholders over the past three years are 114%.Is New 90 Day High Low • Jan 18New 90-day high: ₪292The company is up 1.0% from its price of ₪290 on 20 October 2020. The Israeli market is up 24% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 8.0% over the same period.分析記事 • Dec 30Here's Why I Think Formula Systems (1985) (TLV:FORTY) Is An Interesting StockIt's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...分析記事 • Dec 14We Like These Underlying Trends At Formula Systems (1985) (TLV:FORTY)Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Is New 90 Day High Low • Dec 09New 90-day low: ₪255The company is down 12% from its price of ₪288 on 10 September 2020. The Israeli market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 3.0% over the same period.分析記事 • Nov 30Formula Systems (1985) Ltd. (TLV:FORTY) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?Formula Systems (1985) (TLV:FORTY) has had a rough three months with its share price down 12%. However, stock prices...配当金の支払いについて今日May 22 2026配当落ち日May 25 2026配当支払日Jun 04 202610 days 配当落ちから次の3 days 、次の配当を受け取るために購入する。決済の安定と成長配当データの取得安定した配当: FORTYの配当金支払いは、過去10年間 変動性 が高かった。増加する配当: FORTYの配当金は過去10年間にわたって増加しています。配当利回り対市場Formula Systems (1985) 配当利回り対市場FORTY 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (FORTY)1.4%市場下位25% (IL)1.8%市場トップ25% (IL)5.5%業界平均 (IT)3.0%アナリスト予想 (FORTY) (最長3年)n/a注目すべき配当: FORTYの配当金 ( 1.39% ) はIL市場の配当金支払者の下位 25% ( 1.83% ) と比べると目立ったものではありません。高配当: FORTYの配当金 ( 1.39% ) はIL市場の配当金支払者の上位 25% ( 5.46% ) と比較すると低いです。株主への利益配当収益カバレッジ: FORTYの 配当性向 ( 49.4% ) はかなり低いため、配当金の支払いは利益によって十分にカバーされます。株主配当金キャッシュフローカバレッジ: FORTYの 現金配当性向 を計算して、配当金の支払いがキャッシュフローでカバーされているかどうかを判断するにはデータが不十分です。高配当企業の発掘7D1Y7D1Y7D1YIL 市場の強力な配当支払い企業。View Management企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/22 05:41終値2026/05/20 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Formula Systems (1985) Ltd. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
お知らせ • May 17Formula Systems (1985) Ltd. Declares Special Cash Dividend for Year 2025, Payable on June 4, 2026Formula Systems (1985) Ltd. announced that its board of directors has approved the distribution of a special cash dividend, based on Formula’s results for 2025, including, in particular, the completion of the acquisition of Sapiens by Advent, of $13.045 per share, or approximately $200.0 million in total. The dividend will be paid on June 4, 2026 to all of the Company’s shareholders of record at the close of trading on the Nasdaq Global Select Market (or the Tel-Aviv Stock Exchange, as appropriate) on May 25, 2026. The dividend will be paid in U.S dollars both with respect to the Company's ordinary shares traded on the Tel Aviv Stock Exchange and its American Depositary Receipts traded on the Nasdaq Global Select Market.
Upcoming Dividend • Dec 23Upcoming dividend of ₪1.64 per shareEligible shareholders must have bought the stock before 30 December 2025. Payment date: 13 January 2026. Trailing yield: 1.1%. Lower than top quartile of Israeli dividend payers (5.4%). Lower than average of industry peers (2.2%).
お知らせ • Nov 22Formula Systems (1985) Ltd. Approves the Distribution of a Cash Dividend Third Quarter of 2025, Payable on January 13, 2025Formula Systems (1985) Ltd.’s board of directors approved the distribution of a cash dividend in an amount of NIS 1.64 per share (approximately $0.50 per share) and in an aggregate amount of approximately NIS 25.2 million (approximately $7.7 million) for the third quarter of 2025 . The dividend is payable on January 13, 2026, to all of the Company’s shareholders of record at the close of trading on the Nasdaq Global Select Market (or the Tel-Aviv Stock Exchange, as appropriate) on December 30, 2025. The dividend will be paid in New Israeli Shekels with respect to the Company's ordinary shares traded on the Tel Aviv Stock Exchange and American Depositary Receipts traded on the Nasdaq Globa l Select Market.
Upcoming Dividend • Oct 08Upcoming dividend of ₪1.69 per shareEligible shareholders must have bought the stock before 15 October 2025. Payment date: 28 October 2025. Trailing yield: 1.4%. Lower than top quartile of Israeli dividend payers (5.5%). Lower than average of industry peers (2.6%).
お知らせ • Aug 19Formula Systems (1985) Ltd. Approves Cash Dividend for Second Quarter of 2025, Payable on October 28, 2025Formula Systems (1985) Ltd. approved the distribution of a cash dividend in an amount of NIS 1.69 per share (approximately $0.50 per share) and in an aggregate amount of approximately NIS 25.9 million (approximately $7.7 million). The dividend is payable on October 28, 2025, to all of the Company's shareholders of record at the close of trading on the Nasdaq Global Select Market (or the Tel-Aviv Stock Exchange, as appropriate) on October 14, 2025. The dividend will be paid in New Israeli Shekels with respect to the Company's ordinary shares traded on the Tel Aviv Stock Exchange and American Depositary Receipts traded on the Nasdaq Global Select Market.
お知らせ • May 22Formula Systems (1985) Ltd. Approves Cash Dividend for First Quarter of 2025, Payable on July 22, 2025Formula Systems (1985) Ltd. approved the distribution of a cash dividend in an amount of NIS 1.57 per share (approximately $0.44 per share) and in an aggregate amount of approximately NIS 24.1 million (approximately $6.8 million). The dividend is payable on July 22, 2025, to all of the Company’s shareholders of record at the close of trading on the Nasdaq Global Select Market (or the Tel-Aviv Stock Exchange, as appropriate) on July 7, 2025. The dividend will be paid in New Israeli Shekels with respect to the Company's ordinary shares traded on the Tel Aviv Stock Exchange and American Depositary Receipts traded on the Nasdaq Global Select Market.
お知らせ • May 17Formula Systems (1985) Ltd. Declares Special Cash Dividend for Year 2025, Payable on June 4, 2026Formula Systems (1985) Ltd. announced that its board of directors has approved the distribution of a special cash dividend, based on Formula’s results for 2025, including, in particular, the completion of the acquisition of Sapiens by Advent, of $13.045 per share, or approximately $200.0 million in total. The dividend will be paid on June 4, 2026 to all of the Company’s shareholders of record at the close of trading on the Nasdaq Global Select Market (or the Tel-Aviv Stock Exchange, as appropriate) on May 25, 2026. The dividend will be paid in U.S dollars both with respect to the Company's ordinary shares traded on the Tel Aviv Stock Exchange and its American Depositary Receipts traded on the Nasdaq Global Select Market.
ライブニュース • May 16Formula Systems Declares $200 Million Special Dividend After Sapiens Deal CompletionFormula Systems (1985) declared a special cash dividend of about US$200 million, equal to US$13.045 per share, tied to its 2025 financial results. The payout is contingent on the completion of Advent’s acquisition of Sapiens, reflecting Formula Systems’ role in that transaction. Shareholders of record on May 25, 2026 will receive the dividend on June 4, 2026, with payments made in US$ on both the Tel Aviv Stock Exchange and Nasdaq. The size and timing of the special dividend indicate that Formula Systems plans to return a substantial amount of cash to shareholders following the Sapiens deal, rather than retain all proceeds on its balance sheet. It may be useful to monitor how this one-off payout affects future dividend expectations, liquidity and any changes in the company’s portfolio after the Sapiens transaction closes.
お知らせ • May 02Formula Systems (1985) Ltd. announced delayed 20-F filingOn 04/30/2026, Formula Systems (1985) Ltd. announced that they will be unable to file their next 20-F by the deadline required by the SEC.
New Risk • Apr 22New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Israeli stocks, typically moving 8.5% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.5% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (1.5% net profit margin).
Valuation Update With 7 Day Price Move • Apr 20Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₪414, the stock trades at a trailing P/E ratio of 55x. Average trailing P/E is 20x in the IT industry in Israel. Total returns to shareholders of 91% over the past three years.
Reported Earnings • Mar 27Full year 2025 earnings released: EPS: US$2.53 (vs US$5.21 in FY 2024)Full year 2025 results: EPS: US$2.53 (down from US$5.21 in FY 2024). Revenue: US$2.63b (down 4.7% from FY 2024). Net income: US$38.7m (down 52% from FY 2024). Profit margin: 1.5% (down from 2.9% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.
お知らせ • Feb 25Matrix IT Ltd. (TASE:MTRX) completed the acquisition of Magic Software Enterprises Ltd. (NasdaqGS:MGIC) from Formula Systems (1985) Ltd. (TASE:FORTY) and others.Matrix IT Ltd. (TASE:MTRX) entered into memorandum of understanding to acquire Magic Software Enterprises Ltd. (NasdaqGS:MGIC) from Formula Systems (1985) Ltd. (TASE:FORTY) and others for ILS 2.6 billion on March 10, 2025. The consideration consists of issue of ordinary shares of Matrix IT Ltd. in exchange for Magic Software Enterprises Ltd shares, an aggregate of 28,861,563 ordinary shares of Matrix, representing 0.5878202 Matrix ordinary shares for each one (1) Magic Software Enterprises Ltd ordinary share. Upon completion, Eligible Shareholders of Magic Software Enterprises Ltd are expected to hold, 31.125% of the issued and paid-up share capital of Matrix on a fully diluted basis, and the shareholders of Matrix are expected to hold 68.875% of the issued and paid-up share capital of Matrix on a fully diluted basis. Upon completion of the Merger, Matrix will acquire the entire share capital of Magic on a fully diluted basis by way of a reverse triangular merger, and Magic will become a private wholly-owned of Matrix. On November 3, 2025, Magic Software Enterprises Ltd. entered into a definitive Agreement and Plan of Merger with Matrix IT Ltd. The transaction is subject to approval by regulatory board / committee, consummation of due diligence investigation, definitive agreement, approval by shareholders of both Matrix and Magic Software and third party approval needed. The deal has been approved by the Magic Software board. Matrix board of directors appointed an independent committee to evaluate the transaction. As of December 10, 2025, the transaction has been approved by the shareholders of Magic Software Enterprises Ltd. As of February 5, 2026, the parties have satisfied the conditions precedent to the closing of the Merger, including the receipt of the Israel Tax Authority tax ruling, except the receipt of the merger certificate from the Israeli Registrar of Companies is still pending. Value Base M&A Ltd. acted as financial advisor for Magic Software Enterprises Ltd. Gornitzky & Co. acted as legal advisor for Magic Software Enterprises Ltd. Guy Ben Ami, Steven Glusband and Melinda Fellner of Carter Ledyard & Milburn, LLP acted as legal advisor for Magic Software Enterprises Ltd. William Blair & Company, L.L.C. acted as financial advisor for Matrix IT Ltd. Jefferies LLC acted as financial advisor, KPMG acted as an accountant and Herzog Fox & Neeman acted as legal advisor for the independent committee of Matrix IT Ltd. Carter Ledyard & Milburn acted as U.S. securities counsel. Prometheus Financial Advisory acted as fairness opinion provider to Matrix IT Ltd. Matrix IT Ltd. (TASE:MTRX) completed the acquisition of Magic Software Enterprises Ltd. (NasdaqGS:MGIC) from Formula Systems (1985) Ltd. (TASE:FORTY) and others on February 24, 2026. The transaction has received the merger certificate issued by the Israeli Registrar of Companies. Upon receipt of the Merger Certificate, all Conditions Precedent to completion of the Merger were satisfied. Following the completion of the Merger, the Magic Software Enterprises Ltd.'s ordinary shares will be delisted from trading on the TASE and from NASDAQ, and the Company will be a private company wholly owned by Matrix IT Ltd.
New Risk • Feb 11New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Israeli stocks, typically moving 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • Feb 05Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ₪413, the stock trades at a trailing P/E ratio of 27.2x. Average trailing P/E is 23x in the IT industry in Israel. Total returns to shareholders of 62% over the past three years.
分析記事 • Jan 30Is Formula Systems (1985) (TLV:FORTY) A Risky Investment?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
分析記事 • Jan 04Formula Systems (1985) Ltd.'s (TLV:FORTY) Business Is Trailing The Market But Its Shares Aren'tWith a price-to-earnings (or "P/E") ratio of 34.6x Formula Systems (1985) Ltd. ( TLV:FORTY ) may be sending very...
Upcoming Dividend • Dec 23Upcoming dividend of ₪1.64 per shareEligible shareholders must have bought the stock before 30 December 2025. Payment date: 13 January 2026. Trailing yield: 1.1%. Lower than top quartile of Israeli dividend payers (5.4%). Lower than average of industry peers (2.2%).
お知らせ • Nov 22Formula Systems (1985) Ltd. Approves the Distribution of a Cash Dividend Third Quarter of 2025, Payable on January 13, 2025Formula Systems (1985) Ltd.’s board of directors approved the distribution of a cash dividend in an amount of NIS 1.64 per share (approximately $0.50 per share) and in an aggregate amount of approximately NIS 25.2 million (approximately $7.7 million) for the third quarter of 2025 . The dividend is payable on January 13, 2026, to all of the Company’s shareholders of record at the close of trading on the Nasdaq Global Select Market (or the Tel-Aviv Stock Exchange, as appropriate) on December 30, 2025. The dividend will be paid in New Israeli Shekels with respect to the Company's ordinary shares traded on the Tel Aviv Stock Exchange and American Depositary Receipts traded on the Nasdaq Globa l Select Market.
Reported Earnings • Nov 22Third quarter 2025 earnings released: EPS: US$0.76 (vs US$1.54 in 3Q 2024)Third quarter 2025 results: EPS: US$0.76 (down from US$1.54 in 3Q 2024). Revenue: US$696.6m (flat on 3Q 2024). Net income: US$11.6m (down 51% from 3Q 2024). Profit margin: 1.7% (down from 3.4% in 3Q 2024). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 22% per year, which means it is well ahead of earnings.
分析記事 • Oct 30Here's Why Formula Systems (1985) (TLV:FORTY) Can Manage Its Debt ResponsiblyWarren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Upcoming Dividend • Oct 08Upcoming dividend of ₪1.69 per shareEligible shareholders must have bought the stock before 15 October 2025. Payment date: 28 October 2025. Trailing yield: 1.4%. Lower than top quartile of Israeli dividend payers (5.5%). Lower than average of industry peers (2.6%).
分析記事 • Oct 03Returns At Formula Systems (1985) (TLV:FORTY) Are On The Way UpThere are a few key trends to look for if we want to identify the next multi-bagger. Amongst other things, we'll want...
分析記事 • Sep 12Some Confidence Is Lacking In Formula Systems (1985) Ltd.'s (TLV:FORTY) P/EFormula Systems (1985) Ltd.'s ( TLV:FORTY ) price-to-earnings (or "P/E") ratio of 27.5x might make it look like a...
Reported Earnings • Aug 19Second quarter 2025 earnings released: EPS: US$0.98 (vs US$1.23 in 2Q 2024)Second quarter 2025 results: EPS: US$0.98 (down from US$1.23 in 2Q 2024). Revenue: US$743.4m (up 11% from 2Q 2024). Net income: US$15.1m (down 20% from 2Q 2024). Profit margin: 2.0% (down from 2.8% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
お知らせ • Aug 19Formula Systems (1985) Ltd. Approves Cash Dividend for Second Quarter of 2025, Payable on October 28, 2025Formula Systems (1985) Ltd. approved the distribution of a cash dividend in an amount of NIS 1.69 per share (approximately $0.50 per share) and in an aggregate amount of approximately NIS 25.9 million (approximately $7.7 million). The dividend is payable on October 28, 2025, to all of the Company's shareholders of record at the close of trading on the Nasdaq Global Select Market (or the Tel-Aviv Stock Exchange, as appropriate) on October 14, 2025. The dividend will be paid in New Israeli Shekels with respect to the Company's ordinary shares traded on the Tel Aviv Stock Exchange and American Depositary Receipts traded on the Nasdaq Global Select Market.
New Risk • Aug 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Israeli stocks, typically moving 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
Board Change • Jul 30Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Itay Meroz was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • May 22Formula Systems (1985) Ltd. Approves Cash Dividend for First Quarter of 2025, Payable on July 22, 2025Formula Systems (1985) Ltd. approved the distribution of a cash dividend in an amount of NIS 1.57 per share (approximately $0.44 per share) and in an aggregate amount of approximately NIS 24.1 million (approximately $6.8 million). The dividend is payable on July 22, 2025, to all of the Company’s shareholders of record at the close of trading on the Nasdaq Global Select Market (or the Tel-Aviv Stock Exchange, as appropriate) on July 7, 2025. The dividend will be paid in New Israeli Shekels with respect to the Company's ordinary shares traded on the Tel Aviv Stock Exchange and American Depositary Receipts traded on the Nasdaq Global Select Market.
お知らせ • May 01Formula Systems (1985) Ltd. announced delayed 20-F filingOn 04/30/2025, Formula Systems (1985) Ltd. announced that they will be unable to file their next 20-F by the deadline required by the SEC.
Upcoming Dividend • Apr 27Upcoming dividend of ₪3.45 per shareEligible shareholders must have bought the stock before 04 May 2025. Payment date: 14 May 2025. Trailing yield: 2.0%. Lower than top quartile of Israeli dividend payers (6.4%). Lower than average of industry peers (3.1%).
お知らせ • Apr 23Formula Systems (1985) Ltd., Annual General Meeting, May 27, 2025Formula Systems (1985) Ltd., Annual General Meeting, May 27, 2025. Location: terminal center, 1 yahadut canada st., or yehuda 6037501, Israel
分析記事 • Apr 13Should You Be Adding Formula Systems (1985) (TLV:FORTY) To Your Watchlist Today?Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
New Risk • Apr 06New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.3% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.
分析記事 • Mar 21Pinning Down Formula Systems (1985) Ltd.'s (TLV:FORTY) P/E Is Difficult Right NowFormula Systems (1985) Ltd.'s ( TLV:FORTY ) price-to-earnings (or "P/E") ratio of 17.9x might make it look like a sell...
Reported Earnings • Mar 20Full year 2024 earnings released: EPS: US$5.21 (vs US$4.18 in FY 2023)Full year 2024 results: EPS: US$5.21 (up from US$4.18 in FY 2023). Revenue: US$2.76b (up 5.2% from FY 2023). Net income: US$79.7m (up 25% from FY 2023). Profit margin: 2.9% (up from 2.4% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 1% per year.
お知らせ • Mar 20Formula Systems (1985) Ltd Declares Cash Dividend for the Second Half Ended December 31, 2024, Payable on May 14, 2025Formula Systems (1985) Ltd.'s board of directors approved the distribution of a cash dividend in an amount of NIS 3.45 per share (approximately $0.94 per share) and in an aggregate amount of approximately NIS 52.9 million (approximately $14.4 million) for the second half ended December 31, 2024. The dividend is payable on May 14, 2025, to all of the Company's shareholders of record at the close of trading on the Nasdaq Global Select Market (or the Tel-Aviv Stock Exchange, as appropriate) on April 30, 2025.
お知らせ • Mar 13Matrix IT Ltd. (TASE:MTRX) entered into MOU to acquire Magic Software Enterprises Ltd. (NasdaqGS:MGIC).Matrix IT Ltd. (TASE:MTRX) entered into MOU to acquire Magic Software Enterprises Ltd. (NasdaqGS:MGIC) on March 10, 2025. The consideration consists of common equity of Matrix IT Ltd. to be issued for common equity of Magic Software Enterprises Ltd. As part of consideration, an undisclosed value is paid towards common equity of Magic Software Enterprises Ltd. Upon completion of the Merger, Matrix will acquire the entire share capital of Magic on a fully diluted basis by way of a reverse triangular merger, and Magic will become a private wholly-owned of Matrix. Magic's shareholders will receive merger consideration in Matrix shares, based on the relative valuations of both Companies presented by the Committees' financial advisors (which were adopted by the Committee, including in its capacity as Magic's Audit Committee, and by Magic’s Board of Directors) and the derived exchange ratio derived of 31.125%/68.875%. The transaction is subject to approval by regulatory board / committee, consummation of due diligence investigation, definitive agreement and third party approval needed. The deal has been approved by the Magic Software board. Value Base M&A Ltd. acted as financial advisor for Magic Software Enterprises Ltd. Gornitzky & Co. acted as legal advisor for Magic Software Enterprises Ltd. William Blair & Company, L.L.C acted as financial advisor for Matrix IT Ltd.
分析記事 • Feb 26Does Formula Systems (1985) (TLV:FORTY) Have A Healthy Balance Sheet?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
分析記事 • Dec 25Formula Systems (1985)'s (TLV:FORTY) Returns On Capital Are Heading HigherIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...
Reported Earnings • Nov 23Third quarter 2024 earnings released: EPS: US$1.54 (vs US$1.02 in 3Q 2023)Third quarter 2024 results: EPS: US$1.54 (up from US$1.02 in 3Q 2023). Revenue: US$699.9m (up 6.9% from 3Q 2023). Net income: US$23.6m (up 51% from 3Q 2023). Profit margin: 3.4% (up from 2.4% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
分析記事 • Nov 20Formula Systems (1985) Ltd.'s (TLV:FORTY) Shareholders Might Be Looking For ExitWith a price-to-earnings (or "P/E") ratio of 18.9x Formula Systems (1985) Ltd. ( TLV:FORTY ) may be sending bearish...
分析記事 • Oct 23Formula Systems (1985) (TLV:FORTY) Has A Pretty Healthy Balance SheetThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Upcoming Dividend • Sep 05Upcoming dividend of ₪2.32 per shareEligible shareholders must have bought the stock before 12 September 2024. Payment date: 26 September 2024. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of Israeli dividend payers (6.9%). Lower than average of industry peers (3.2%).
Reported Earnings • Aug 21Second quarter 2024 earnings released: EPS: US$1.23 (vs US$1.11 in 2Q 2023)Second quarter 2024 results: EPS: US$1.23 (up from US$1.11 in 2Q 2023). Revenue: US$667.7m (up 1.9% from 2Q 2023). Net income: US$18.8m (up 11% from 2Q 2023). Profit margin: 2.8% (up from 2.6% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
お知らせ • Aug 20Formula Systems (1985) Ltd. Approves Cash Dividend for the Six Months Ended June 30, 2024, Payable on September 26, 2024Formula Systems (1985) Ltd. approved the distribution of a cash dividend in an amount of ILS 2.32 per share (approximately $0.63 per share) and in an aggregate amount of approximately ILS 35.6 million (approximately $9.6 million). The dividend is payable on September 26, 2024, to all of the Company's shareholders of record at the close of trading on the Nasdaq Global Select Market (or the Tel-Aviv Stock Exchange, as appropriate) on September 12, 2024. The dividend will be paid in New Israeli Shekels with respect to the Company's ordinary shares traded on the Tel Aviv Stock Exchange and American Depositary Receipts traded on the Nasdaq Global Select Market.
Board Change • Jul 29Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Itay Meroz was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
お知らせ • Apr 30Formula Systems (1985) Ltd. announced delayed 20-F filingOn 04/29/2024, Formula Systems (1985) Ltd. announced that they will be unable to file their next 20-F by the deadline required by the SEC.
分析記事 • Apr 16Here's Why Formula Systems (1985) (TLV:FORTY) Can Manage Its Debt ResponsiblySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
お知らせ • Apr 05Formula Systems (1985) Ltd., Annual General Meeting, May 09, 2024Formula Systems (1985) Ltd., Annual General Meeting, May 09, 2024, at 14:00 Israel Standard Time. Location: Terminal Center, 1 Street, Or Yehuda Israel Agenda: To re-elect Mr. Marek Panek to the Company’s board of directors, or the Board, to hold office until company's next annual general meeting of shareholders and until his successor is duly elected and qualified; to re-elect Mr. Rafal Kozlowski to the Board, to hold office until company's next annual general meeting of shareholders and until his successor is duly elected and qualified; to re-elect Mr. Ohad Melnik to the Board, to hold office until company's next annual general meeting of shareholders and until his successor is duly elected and qualified; to re-elect Ms. Gabriela Żukowicz to the Board, to hold office until company's next annual general meeting of shareholders and until her successor is duly elected and qualified; and to consider other matters.
Upcoming Dividend • Mar 28Upcoming dividend of ₪2.30 per shareEligible shareholders must have bought the stock before 04 April 2024. Payment date: 18 April 2024. Trailing yield: 1.5%. Lower than top quartile of Israeli dividend payers (6.8%). Lower than average of industry peers (2.7%).
Reported Earnings • Mar 20Full year 2023 earnings released: EPS: US$4.18 (vs US$5.32 in FY 2022)Full year 2023 results: EPS: US$4.18 (down from US$5.32 in FY 2022). Revenue: US$2.62b (up 1.9% from FY 2022). Net income: US$64.0m (down 21% from FY 2022). Profit margin: 2.4% (down from 3.2% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
お知らせ • Mar 20Formula Systems (1985) Ltd. Approves Dividend for the Second Half of 2023, Payable on April 18, 2024Formula Systems (1985) Ltd. approved the distribution of a cash dividend in an amount of ILS 2.30 per share (approximately $0.63 per share) and in an aggregate amount of approximately ILS 35.3 million (approximately $10.0 million). The dividend is payable on April 18, 2024, to all of the Company’s shareholders of record at the close of trading on the Nasdaq Global Select Market (or the Tel-Aviv Stock Exchange, as appropriate) on April 4, 2024. The dividend will be paid in New Israeli Shekels with respect to the Company's ordinary shares traded on the Tel Aviv Stock Exchange and American Depositary Receipts traded on the Nasdaq Global Select Market.
分析記事 • Mar 17We Like These Underlying Return On Capital Trends At Formula Systems (1985) (TLV:FORTY)If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'll want to see a proven...
分析記事 • Feb 05Formula Systems (1985) Ltd.'s (TLV:FORTY) Shares May Have Run Too Fast Too SoonWhen close to half the companies in Israel have price-to-earnings ratios (or "P/E's") below 11x, you may consider...
分析記事 • Dec 15The Return Trends At Formula Systems (1985) (TLV:FORTY) Look PromisingTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to...
Reported Earnings • Nov 23Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: US$654.8m (up 4.3% from 3Q 2022). Net income: US$15.6m (down 7.6% from 3Q 2022). Profit margin: 2.4% (down from 2.7% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
分析記事 • Oct 11We Think Formula Systems (1985) (TLV:FORTY) Can Stay On Top Of Its DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
分析記事 • Aug 20Formula Systems (1985) (TLV:FORTY) Is Experiencing Growth In Returns On CapitalIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...
Reported Earnings • Aug 18Second quarter 2023 earnings released: EPS: US$1.11 (vs US$2.15 in 2Q 2022)Second quarter 2023 results: EPS: US$1.11 (down from US$2.15 in 2Q 2022). Revenue: US$655.4m (up 1.7% from 2Q 2022). Net income: US$17.0m (down 48% from 2Q 2022). Profit margin: 2.6% (down from 5.1% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
Buying Opportunity • Jul 24Now 24% undervaluedOver the last 90 days, the stock is up 18%. The fair value is estimated to be ₪351, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 27%.
Buying Opportunity • Jun 20Now 21% undervaluedOver the last 90 days, the stock is up 17%. The fair value is estimated to be ₪353, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 27%.
分析記事 • Jun 13Formula Systems (1985) (TLV:FORTY) Seems To Use Debt Quite SensiblyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Upcoming Dividend • May 29Upcoming dividend of ₪2.30 per share at 1.8% yieldEligible shareholders must have bought the stock before 05 June 2023. Payment date: 22 June 2023. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Israeli dividend payers (7.2%). Lower than average of industry peers (3.2%).
お知らせ • May 24Formula Systems (1985) Ltd. Approves Dividend for the Second Half of 2022, Payable on June 22, 2023Formula Systems (1985) Ltd. announced based on the company's results, the company's board of directors approved the distribution of a cash dividend for the second half of 2022 in an amount of ILS 2.30 per share (approximately $0.63 per share) and in an aggregate amount of approximately ILS 35.3 million (approximately $9.7 million). The dividend is payable on June 22, 2023, to all of the company's shareholders of record at the close of trading on the Nasdaq Global Select Market (or the Tel-Aviv Stock Exchange, as appropriate) on June 5, 2023.
Reported Earnings • May 24First quarter 2023 earnings released: EPS: US$1.03 (vs US$1.06 in 1Q 2022)First quarter 2023 results: EPS: US$1.03 (down from US$1.06 in 1Q 2022). Revenue: US$670.4m (up 3.0% from 1Q 2022). Net income: US$15.7m (down 3.4% from 1Q 2022). Profit margin: 2.3% (down from 2.5% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Board Change • May 17Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent External Director Tomer Jacob was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
分析記事 • Apr 04Returns Are Gaining Momentum At Formula Systems (1985) (TLV:FORTY)If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Reported Earnings • Mar 18Full year 2022 earnings released: EPS: US$5.32 (vs US$3.57 in FY 2021)Full year 2022 results: EPS: US$5.32 (up from US$3.57 in FY 2021). Revenue: US$2.57b (up 7.0% from FY 2021). Net income: US$81.4m (up 49% from FY 2021). Profit margin: 3.2% (up from 2.3% in FY 2021). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
分析記事 • Mar 14We Think Formula Systems (1985) (TLV:FORTY) Can Stay On Top Of Its DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
分析記事 • Feb 21With EPS Growth And More, Formula Systems (1985) (TLV:FORTY) Makes An Interesting CaseInvestors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
分析記事 • Dec 09Formula Systems (1985) (TLV:FORTY) Shareholders Will Want The ROCE Trajectory To ContinueIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'll want to see a proven...
Upcoming Dividend • Nov 28Upcoming dividend of ₪2.16 per shareEligible shareholders must have bought the stock before 05 December 2022. Payment date: 20 December 2022. Trailing yield: 1.7%. Lower than top quartile of Israeli dividend payers (7.2%). Lower than average of industry peers (4.2%).
Reported Earnings • Nov 18Third quarter 2022 earnings released: EPS: US$1.10 (vs US$0.87 in 3Q 2021)Third quarter 2022 results: EPS: US$1.10 (up from US$0.87 in 3Q 2021). Revenue: US$636.3m (up 8.5% from 3Q 2021). Net income: US$16.9m (up 27% from 3Q 2021). Profit margin: 2.7% (up from 2.3% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
分析記事 • Nov 08We Think Formula Systems (1985) (TLV:FORTY) Can Manage Its Debt With EaseDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
分析記事 • Oct 14Does Formula Systems (1985) (TLV:FORTY) Deserve A Spot On Your Watchlist?It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Reported Earnings • Aug 18Second quarter 2022 earnings released: EPS: US$2.15 (vs US$0.87 in 2Q 2021)Second quarter 2022 results: EPS: US$2.15 (up from US$0.87 in 2Q 2021). Revenue: US$644.6m (up 9.6% from 2Q 2021). Net income: US$32.9m (up 147% from 2Q 2021). Profit margin: 5.1% (up from 2.3% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Independent Director Ohad Melnik was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
分析記事 • Apr 13Returns Are Gaining Momentum At Formula Systems (1985) (TLV:FORTY)What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
Upcoming Dividend • Apr 05Upcoming dividend of ₪2.56 per shareEligible shareholders must have bought the stock before 12 April 2022. Payment date: 26 April 2022. Payout ratio is a comfortable 44% but the company is not cash flow positive. Trailing yield: 1.5%. Lower than top quartile of Israeli dividend payers (5.5%). Lower than average of industry peers (2.4%).
Reported Earnings • Mar 17Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: US$3.57 (up from US$3.06 in FY 2020). Revenue: US$2.41b (up 24% from FY 2020). Net income: US$54.6m (up 17% from FY 2020). Profit margin: 2.3% (down from 2.4% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Feb 23Here's Why I Think Formula Systems (1985) (TLV:FORTY) Is An Interesting StockFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Board Change • Feb 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Independent Director Ohad Melnik was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
分析記事 • Jan 30We Think Formula Systems (1985) (TLV:FORTY) Can Manage Its Debt With EaseWarren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
分析記事 • Jan 10We Like These Underlying Return On Capital Trends At Formula Systems (1985) (TLV:FORTY)What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Reported Earnings • Nov 19Third quarter 2021 earnings released: EPS US$0.87 (vs US$0.83 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: US$586.3m (up 20% from 3Q 2020). Net income: US$13.3m (up 5.2% from 3Q 2020). Profit margin: 2.3% (down from 2.6% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Nov 02Does Formula Systems (1985) (TLV:FORTY) Deserve A Spot On Your Watchlist?For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
分析記事 • Oct 10These 4 Measures Indicate That Formula Systems (1985) (TLV:FORTY) Is Using Debt Reasonably WellSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Upcoming Dividend • Aug 25Upcoming dividend of ₪2.53 per shareEligible shareholders must have bought the stock before 01 September 2021. Payment date: 22 September 2021. Trailing yield: 1.6%. Lower than top quartile of Israeli dividend payers (5.3%). Lower than average of industry peers (2.2%).
分析記事 • Aug 22Formula Systems (1985) (TLV:FORTY) Is Paying Out A Larger Dividend Than Last YearFormula Systems (1985) Ltd. ( TLV:FORTY ) has announced that it will be increasing its dividend on the 22nd of...
Reported Earnings • Aug 22Second quarter 2021 earnings released: EPS US$0.87 (vs US$0.73 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: US$587.9m (up 35% from 2Q 2020). Net income: US$13.3m (up 19% from 2Q 2020). Profit margin: 2.3% (down from 2.6% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • May 01Here's Why Formula Systems (1985) (TLV:FORTY) Can Manage Its Debt ResponsiblyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
分析記事 • Apr 16Is Now The Time To Put Formula Systems (1985) (TLV:FORTY) On Your Watchlist?Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...
分析記事 • Apr 01The Return Trends At Formula Systems (1985) (TLV:FORTY) Look PromisingThere are a few key trends to look for if we want to identify the next multi-bagger. Ideally, a business will show two...
Reported Earnings • Mar 18Full year 2020 earnings released: EPS US$3.06 (vs US$2.56 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: US$1.93b (up 14% from FY 2019). Net income: US$46.8m (up 21% from FY 2019). Profit margin: 2.4% (up from 2.3% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Mar 17Formula Systems (1985) Ltd.'s (TLV:FORTY) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?Most readers would already be aware that Formula Systems (1985)'s (TLV:FORTY) stock increased significantly by 21% over...
分析記事 • Mar 02Does Formula Systems (1985) Ltd. (TLV:FORTY) Have A Place In Your Dividend Portfolio?Could Formula Systems (1985) Ltd. ( TLV:FORTY ) be an attractive dividend share to own for the long haul? Investors are...
分析記事 • Feb 14What Kind Of Investors Own Most Of Formula Systems (1985) Ltd. (TLV:FORTY)?A look at the shareholders of Formula Systems (1985) Ltd. ( TLV:FORTY ) can tell us which group is most powerful...
分析記事 • Jan 29Here's Why Formula Systems (1985) (TLV:FORTY) Can Manage Its Debt ResponsiblyDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Valuation Update With 7 Day Price Move • Jan 20Investor sentiment improved over the past weekAfter last week's 15% share price gain to US$311, the stock is trading at a trailing P/E ratio of 32.6x, up from the previous P/E ratio of 28.3x. This compares to an average P/E of 29x in the IT industry in Israel. Total returns to shareholders over the past three years are 114%.
Is New 90 Day High Low • Jan 18New 90-day high: ₪292The company is up 1.0% from its price of ₪290 on 20 October 2020. The Israeli market is up 24% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 8.0% over the same period.
分析記事 • Dec 30Here's Why I Think Formula Systems (1985) (TLV:FORTY) Is An Interesting StockIt's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
分析記事 • Dec 14We Like These Underlying Trends At Formula Systems (1985) (TLV:FORTY)Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Is New 90 Day High Low • Dec 09New 90-day low: ₪255The company is down 12% from its price of ₪288 on 10 September 2020. The Israeli market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 3.0% over the same period.
分析記事 • Nov 30Formula Systems (1985) Ltd. (TLV:FORTY) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?Formula Systems (1985) (TLV:FORTY) has had a rough three months with its share price down 12%. However, stock prices...