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Formula Systems (1985) TASE:FORTY Stock Report

Last Price

₪257.50

Market Cap

₪3.9b

7D

-1.3%

1Y

-9.3%

Updated

17 Jun, 2024

Data

Company Financials

Formula Systems (1985) Ltd.

TASE:FORTY Stock Report

Market Cap: ₪3.9b

FORTY Stock Overview

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.

FORTY fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends3/6

Rewards

Risk Analysis

No risks detected for FORTY from our risk checks.

Formula Systems (1985) Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Formula Systems (1985)
Historical stock prices
Current Share Price₪257.50
52 Week High₪318.00
52 Week Low₪214.90
Beta0.47
1 Month Change-15.93%
3 Month Change-11.39%
1 Year Change-9.33%
3 Year Change-7.37%
5 Year Change39.04%
Change since IPO2,255.90%

Recent News & Updates

Here's Why Formula Systems (1985) (TLV:FORTY) Can Manage Its Debt Responsibly

Apr 16
Here's Why Formula Systems (1985) (TLV:FORTY) Can Manage Its Debt Responsibly

Recent updates

Here's Why Formula Systems (1985) (TLV:FORTY) Can Manage Its Debt Responsibly

Apr 16
Here's Why Formula Systems (1985) (TLV:FORTY) Can Manage Its Debt Responsibly

We Like These Underlying Return On Capital Trends At Formula Systems (1985) (TLV:FORTY)

Mar 17
We Like These Underlying Return On Capital Trends At Formula Systems (1985) (TLV:FORTY)

Formula Systems (1985) Ltd.'s (TLV:FORTY) Shares May Have Run Too Fast Too Soon

Feb 05
Formula Systems (1985) Ltd.'s (TLV:FORTY) Shares May Have Run Too Fast Too Soon

The Return Trends At Formula Systems (1985) (TLV:FORTY) Look Promising

Dec 15
The Return Trends At Formula Systems (1985) (TLV:FORTY) Look Promising

We Think Formula Systems (1985) (TLV:FORTY) Can Stay On Top Of Its Debt

Oct 11
We Think Formula Systems (1985) (TLV:FORTY) Can Stay On Top Of Its Debt

Formula Systems (1985) (TLV:FORTY) Is Experiencing Growth In Returns On Capital

Aug 20
Formula Systems (1985) (TLV:FORTY) Is Experiencing Growth In Returns On Capital

Formula Systems (1985) (TLV:FORTY) Seems To Use Debt Quite Sensibly

Jun 13
Formula Systems (1985) (TLV:FORTY) Seems To Use Debt Quite Sensibly

Returns Are Gaining Momentum At Formula Systems (1985) (TLV:FORTY)

Apr 04
Returns Are Gaining Momentum At Formula Systems (1985) (TLV:FORTY)

We Think Formula Systems (1985) (TLV:FORTY) Can Stay On Top Of Its Debt

Mar 14
We Think Formula Systems (1985) (TLV:FORTY) Can Stay On Top Of Its Debt

With EPS Growth And More, Formula Systems (1985) (TLV:FORTY) Makes An Interesting Case

Feb 21
With EPS Growth And More, Formula Systems (1985) (TLV:FORTY) Makes An Interesting Case

Formula Systems (1985) (TLV:FORTY) Shareholders Will Want The ROCE Trajectory To Continue

Dec 09
Formula Systems (1985) (TLV:FORTY) Shareholders Will Want The ROCE Trajectory To Continue

We Think Formula Systems (1985) (TLV:FORTY) Can Manage Its Debt With Ease

Nov 08
We Think Formula Systems (1985) (TLV:FORTY) Can Manage Its Debt With Ease

Does Formula Systems (1985) (TLV:FORTY) Deserve A Spot On Your Watchlist?

Oct 14
Does Formula Systems (1985) (TLV:FORTY) Deserve A Spot On Your Watchlist?

Returns Are Gaining Momentum At Formula Systems (1985) (TLV:FORTY)

Apr 13
Returns Are Gaining Momentum At Formula Systems (1985) (TLV:FORTY)

Here's Why I Think Formula Systems (1985) (TLV:FORTY) Is An Interesting Stock

Feb 23
Here's Why I Think Formula Systems (1985) (TLV:FORTY) Is An Interesting Stock

We Think Formula Systems (1985) (TLV:FORTY) Can Manage Its Debt With Ease

Jan 30
We Think Formula Systems (1985) (TLV:FORTY) Can Manage Its Debt With Ease

We Like These Underlying Return On Capital Trends At Formula Systems (1985) (TLV:FORTY)

Jan 10
We Like These Underlying Return On Capital Trends At Formula Systems (1985) (TLV:FORTY)

Does Formula Systems (1985) (TLV:FORTY) Deserve A Spot On Your Watchlist?

Nov 02
Does Formula Systems (1985) (TLV:FORTY) Deserve A Spot On Your Watchlist?

These 4 Measures Indicate That Formula Systems (1985) (TLV:FORTY) Is Using Debt Reasonably Well

Oct 10
These 4 Measures Indicate That Formula Systems (1985) (TLV:FORTY) Is Using Debt Reasonably Well

Formula Systems (1985) (TLV:FORTY) Is Paying Out A Larger Dividend Than Last Year

Aug 22
Formula Systems (1985) (TLV:FORTY) Is Paying Out A Larger Dividend Than Last Year

Here's Why Formula Systems (1985) (TLV:FORTY) Can Manage Its Debt Responsibly

May 01
Here's Why Formula Systems (1985) (TLV:FORTY) Can Manage Its Debt Responsibly

Is Now The Time To Put Formula Systems (1985) (TLV:FORTY) On Your Watchlist?

Apr 16
Is Now The Time To Put Formula Systems (1985) (TLV:FORTY) On Your Watchlist?

The Return Trends At Formula Systems (1985) (TLV:FORTY) Look Promising

Apr 01
The Return Trends At Formula Systems (1985) (TLV:FORTY) Look Promising

Formula Systems (1985) Ltd.'s (TLV:FORTY) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?

Mar 17
Formula Systems (1985) Ltd.'s (TLV:FORTY) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?

Does Formula Systems (1985) Ltd. (TLV:FORTY) Have A Place In Your Dividend Portfolio?

Mar 02
Does Formula Systems (1985) Ltd. (TLV:FORTY) Have A Place In Your Dividend Portfolio?

What Kind Of Investors Own Most Of Formula Systems (1985) Ltd. (TLV:FORTY)?

Feb 14
What Kind Of Investors Own Most Of Formula Systems (1985) Ltd. (TLV:FORTY)?

Here's Why Formula Systems (1985) (TLV:FORTY) Can Manage Its Debt Responsibly

Jan 29
Here's Why Formula Systems (1985) (TLV:FORTY) Can Manage Its Debt Responsibly

Here's Why I Think Formula Systems (1985) (TLV:FORTY) Is An Interesting Stock

Dec 30
Here's Why I Think Formula Systems (1985) (TLV:FORTY) Is An Interesting Stock

We Like These Underlying Trends At Formula Systems (1985) (TLV:FORTY)

Dec 14
We Like These Underlying Trends At Formula Systems (1985) (TLV:FORTY)

Formula Systems (1985) Ltd. (TLV:FORTY) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?

Nov 30
Formula Systems (1985) Ltd. (TLV:FORTY) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?

Shareholder Returns

FORTYIL ITIL Market
7D-1.3%0.3%-0.6%
1Y-9.3%-20.6%-5.4%

Return vs Industry: FORTY exceeded the IL IT industry which returned -20.6% over the past year.

Return vs Market: FORTY underperformed the IL Market which returned -5.4% over the past year.

Price Volatility

Is FORTY's price volatile compared to industry and market?
FORTY volatility
FORTY Average Weekly Movement4.7%
IT Industry Average Movement4.3%
Market Average Movement4.5%
10% most volatile stocks in IL Market8.0%
10% least volatile stocks in IL Market3.3%

Stable Share Price: FORTY has not had significant price volatility in the past 3 months.

Volatility Over Time: FORTY's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
198522,000Guy Bernsteinwww.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

How do Formula Systems (1985)'s earnings and revenue compare to its market cap?
FORTY fundamental statistics
Market cap₪3.95b
Earnings (TTM)₪241.86m
Revenue (TTM)₪9.91b

16.3x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FORTY income statement (TTM)
RevenueUS$2.66b
Cost of RevenueUS$2.01b
Gross ProfitUS$646.49m
Other ExpensesUS$581.67m
EarningsUS$64.82m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)4.23
Gross Margin24.34%
Net Profit Margin2.44%
Debt/Equity Ratio38.5%

How did FORTY perform over the long term?

See historical performance and comparison

Dividends

1.8%

Current Dividend Yield

22%

Payout Ratio
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