Formula Systems (1985) Ltd.

NasdaqGS:FORT.Y Stock Report

Market Cap: US$1.4b

Formula Systems (1985) Past Earnings Performance

Past criteria checks 5/6

Formula Systems (1985) has been growing earnings at an average annual rate of 13.1%, while the IT industry saw earnings growing at 5.9% annually. Revenues have been growing at an average rate of 10% per year. Formula Systems (1985)'s return on equity is 13.5%, and it has net margins of 2.8%.

Key information

13.1%

Earnings growth rate

13.0%

EPS growth rate

IT Industry Growth22.4%
Revenue growth rate10.0%
Return on equity13.5%
Net Margin2.8%
Last Earnings Update30 Sep 2024

Recent past performance updates

No updates

Recent updates

Revenue & Expenses Breakdown

How Formula Systems (1985) makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NasdaqGS:FORT.Y Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 242,7067533281
30 Jun 242,6616732580
31 Mar 242,6566532679
31 Dec 232,6216432678
30 Sep 232,6386432977
30 Jun 232,6116532675
31 Mar 232,5788232174
31 Dec 222,5728131872
30 Sep 222,5968230670
30 Jun 222,5467830369
31 Mar 222,4895830167
31 Dec 212,4045529066
30 Sep 212,2905127663
30 Jun 212,1915025960
31 Mar 212,0404823556
31 Dec 201,9344722453
30 Sep 201,8394521451
30 Jun 201,8014220849
31 Mar 201,7764020749
31 Dec 191,7013920147
30 Sep 191,6474019344
30 Jun 191,5603718442
31 Mar 191,5113518141
31 Dec 181,4933218241
30 Sep 181,4662617742
30 Jun 181,4522417942
31 Mar 181,4181717943
31 Dec 171,3551018340
30 Sep 171,2911217236
30 Jun 171,2271216632
31 Mar 171,1571915626
31 Dec 161,1092214822
30 Sep 168377610212
30 Jun 167937510010
31 Mar 1677671988
31 Dec 159732014115
30 Sep 1575524917
30 Jun 1570724785
31 Mar 1565724673
31 Dec 1463681711
30 Sep 14684133863
30 Jun 147281321017
31 Mar 1478113411611

Quality Earnings: FORT.Y has high quality earnings.

Growing Profit Margin: FORT.Y's current net profit margins (2.8%) are higher than last year (2.4%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: FORT.Y's earnings have grown by 13.1% per year over the past 5 years.

Accelerating Growth: FORT.Y's earnings growth over the past year (18.4%) exceeds its 5-year average (13.1% per year).

Earnings vs Industry: FORT.Y earnings growth over the past year (18.4%) exceeded the IT industry -2.6%.

Return on Equity

High ROE: FORT.Y's Return on Equity (13.5%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/22 13:49
End of Day Share Price 2025/01/22 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Formula Systems (1985) Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution