FORTY Formula Systems (1985) Ltd.

  1. Stocks
  2. Technology
  3. NASDAQ: FORTY

Price (delayed)

$129

Market cap

$1.98B

P/E Ratio

3.13

Dividend/share

$14.5

EPS

$41.23

Enterprise value

$1.78B

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Relative Growth: Rel. Growth:
Relative Strength: Rel. Strength:
Relative Valuation: Rel. Valuation:
Relative Profitability: Rel. Profitability: 85

Formula Systems (1985) Ltd. (Formula) is a global information technology (IT) solutions and services company based in Israel. The Company is principally engaged in providing software consulting services, developing software ...

Highlights
FORTY's P/E is 82% below its 5-year quarterly average of 17.6 and 68% below its last 4 quarters average of 9.9
The revenue is up by 25% year-on-year and by 7% since the previous quarter
Formula Systems (1985)'s equity has surged by 67% YoY but it has decreased by 13% QoQ
FORTY's quick ratio is up by 26% year-on-year but it is down by 13% since the previous quarter
Sector: Technology
Industry: Information Technology Services
Website: http://www.formulasystems.com
Peers: ACN CTSH IT DXC

Key stats

What are the main financial stats of FORTY

FORTY stock price

How has the Formula Systems (1985) stock price performed over time
Intraday
2.61%
1 week
2.61%
1 month
23.44%
1 year
-0.74%
YTD
-22.76%
QTD
26.46%

Financial performance

How have Formula Systems (1985)'s revenue and profit performed over time
Revenue
$2.93B
Gross profit
$580.29M
Operating income
$223.94M
Net income
$631.02M
Gross margin
19.8%
Net margin
21.6%
The revenue is up by 25% year-on-year and by 7% since the previous quarter
The gross profit has increased by 22% year-on-year and by 6% since the previous quarter
Formula Systems (1985)'s operating income has increased by 17% YoY and by 10% QoQ
Formula Systems (1985)'s operating margin has decreased by 6% YoY but it has increased by 4.1% QoQ

Price vs fundamentals

How does FORTY's price correlate with its fundamentals

Growth

What is Formula Systems (1985)'s growth rate over time

Valuation

What is Formula Systems (1985) stock price valuation
FORTY P/E details
P/E
3.13
P/B
1.64
P/S
0.68
EV/EBIT
2.43
EV/EBITDA
N/A
EV/Sales
0.61
FORTY's P/E is 82% below its 5-year quarterly average of 17.6 and 68% below its last 4 quarters average of 9.9
Formula Systems (1985)'s equity has surged by 67% YoY but it has decreased by 13% QoQ
FORTY's P/B is 25% lower than its 5-year quarterly average of 2.2 and 9% lower than its last 4 quarters average of 1.8
The revenue is up by 25% year-on-year and by 7% since the previous quarter
FORTY's price to sales (P/S) is 15% lower than its last 4 quarters average of 0.8 but 13% higher than its 5-year quarterly average of 0.6

Efficiency

How efficient is Formula Systems (1985) business performance
FORTY's ROE is down by 9% since the previous quarter
The ROS has contracted by 5% from the previous quarter
Formula Systems (1985)'s ROIC has decreased by 3.8% from the previous quarter

Dividends

What is FORTY's dividend history
Dividend details
DPS
$14.5
Dividend yield
11.24%
Payout ratio
35.2%
Recent dividends

Special dividends are included in TTM DPS and yield

Financial health

How did Formula Systems (1985) financials performed over time
Formula Systems (1985)'s total assets is 90% higher than its total liabilities
FORTY's quick ratio is up by 26% year-on-year but it is down by 13% since the previous quarter
Formula Systems (1985)'s current ratio has increased by 22% YoY but it has decreased by 12% from the previous quarter
FORTY's debt is 44% smaller than its equity
Formula Systems (1985)'s equity has surged by 67% YoY but it has decreased by 13% QoQ
Formula Systems (1985)'s debt to equity has decreased by 41% YoY but it has increased by 14% QoQ

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.