FORTY Stock Overview
Formula Systems (1985) Ltd., through its subsidiaries, provides proprietary and non-proprietary software solutions, IT professional services, software product marketing and support, computer infrastructure and integration solutions, and learning and integration worldwide.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 2/6 |
Rewards
Risk Analysis
No risks detected for FORTY from our risk checks.
Formula Systems (1985) Ltd. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₪271.60 |
| 52 Week High | ₪318.00 |
| 52 Week Low | ₪214.90 |
| Beta | 0.46 |
| 1 Month Change | -7.93% |
| 3 Month Change | 11.82% |
| 1 Year Change | 8.08% |
| 3 Year Change | -7.18% |
| 5 Year Change | 61.86% |
| Change since IPO | 2,384.91% |
Recent News & Updates
Recent updates
Here's Why Formula Systems (1985) (TLV:FORTY) Can Manage Its Debt Responsibly
Apr 16
We Like These Underlying Return On Capital Trends At Formula Systems (1985) (TLV:FORTY)
Mar 17Formula Systems (1985) Ltd.'s (TLV:FORTY) Shares May Have Run Too Fast Too Soon
Feb 05The Return Trends At Formula Systems (1985) (TLV:FORTY) Look Promising
Dec 15We Think Formula Systems (1985) (TLV:FORTY) Can Stay On Top Of Its Debt
Oct 11Formula Systems (1985) (TLV:FORTY) Is Experiencing Growth In Returns On Capital
Aug 20Formula Systems (1985) (TLV:FORTY) Seems To Use Debt Quite Sensibly
Jun 13Returns Are Gaining Momentum At Formula Systems (1985) (TLV:FORTY)
Apr 04We Think Formula Systems (1985) (TLV:FORTY) Can Stay On Top Of Its Debt
Mar 14With EPS Growth And More, Formula Systems (1985) (TLV:FORTY) Makes An Interesting Case
Feb 21Formula Systems (1985) (TLV:FORTY) Shareholders Will Want The ROCE Trajectory To Continue
Dec 09We Think Formula Systems (1985) (TLV:FORTY) Can Manage Its Debt With Ease
Nov 08Does Formula Systems (1985) (TLV:FORTY) Deserve A Spot On Your Watchlist?
Oct 14Returns Are Gaining Momentum At Formula Systems (1985) (TLV:FORTY)
Apr 13Here's Why I Think Formula Systems (1985) (TLV:FORTY) Is An Interesting Stock
Feb 23We Think Formula Systems (1985) (TLV:FORTY) Can Manage Its Debt With Ease
Jan 30We Like These Underlying Return On Capital Trends At Formula Systems (1985) (TLV:FORTY)
Jan 10Does Formula Systems (1985) (TLV:FORTY) Deserve A Spot On Your Watchlist?
Nov 02These 4 Measures Indicate That Formula Systems (1985) (TLV:FORTY) Is Using Debt Reasonably Well
Oct 10Formula Systems (1985) (TLV:FORTY) Is Paying Out A Larger Dividend Than Last Year
Aug 22Here's Why Formula Systems (1985) (TLV:FORTY) Can Manage Its Debt Responsibly
May 01Is Now The Time To Put Formula Systems (1985) (TLV:FORTY) On Your Watchlist?
Apr 16The Return Trends At Formula Systems (1985) (TLV:FORTY) Look Promising
Apr 01Formula Systems (1985) Ltd.'s (TLV:FORTY) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Mar 17Does Formula Systems (1985) Ltd. (TLV:FORTY) Have A Place In Your Dividend Portfolio?
Mar 02What Kind Of Investors Own Most Of Formula Systems (1985) Ltd. (TLV:FORTY)?
Feb 14
Here's Why Formula Systems (1985) (TLV:FORTY) Can Manage Its Debt Responsibly
Jan 29Here's Why I Think Formula Systems (1985) (TLV:FORTY) Is An Interesting Stock
Dec 30We Like These Underlying Trends At Formula Systems (1985) (TLV:FORTY)
Dec 14Formula Systems (1985) Ltd. (TLV:FORTY) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?
Nov 30Shareholder Returns
| FORTY | IL IT | IL Market | |
|---|---|---|---|
| 7D | -1.4% | -1.5% | -0.9% |
| 1Y | 8.1% | -3.0% | 5.1% |
Return vs Industry: FORTY exceeded the IL IT industry which returned -3% over the past year.
Return vs Market: FORTY exceeded the IL Market which returned 5.1% over the past year.
Price Volatility
| FORTY volatility | |
|---|---|
| FORTY Average Weekly Movement | 4.1% |
| IT Industry Average Movement | 4.1% |
| Market Average Movement | 4.4% |
| 10% most volatile stocks in IL Market | 8.0% |
| 10% least volatile stocks in IL Market | 3.1% |
Stable Share Price: FORTY has not had significant price volatility in the past 3 months.
Volatility Over Time: FORTY's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1985 | 22,000 | Guy Bernstein | www.formulasystems.com |
Formula Systems (1985) Ltd., through its subsidiaries, provides proprietary and non-proprietary software solutions, IT professional services, software product marketing and support, computer infrastructure and integration solutions, and learning and integration worldwide. The company offers computer and telecommunication infrastructure solutions; and sells and markets computers and peripheral equipment, and cloud based solutions and services relating to databases and big data. It also provides customer relations management, computer systems management infrastructures, web world content management, database and data warehouse mining, application integration, database and systems, data management, and software development tools; and application and professional training courses, and advanced professional studies.
Formula Systems (1985) Ltd. Fundamentals Summary
| FORTY fundamental statistics | |
|---|---|
| Market cap | ₪4.16b |
| Earnings (TTM) | ₪239.35m |
| Revenue (TTM) | ₪9.80b |
17.4x
P/E Ratio0.4x
P/S RatioIs FORTY overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| FORTY income statement (TTM) | |
|---|---|
| Revenue | US$2.62b |
| Cost of Revenue | US$1.98b |
| Gross Profit | US$643.71m |
| Other Expenses | US$579.70m |
| Earnings | US$64.01m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 4.18 |
| Gross Margin | 24.56% |
| Net Profit Margin | 2.44% |
| Debt/Equity Ratio | 41.4% |
How did FORTY perform over the long term?
See historical performance and comparison