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Formula Systems (1985) Ltd. (FORTY)

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82.73 -2.11 (-2.49%)
At close: November 19 at 4:00 PM EST
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DELL
  • Previous Close 84.84
  • Open 82.73
  • Bid --
  • Ask --
  • Day's Range 82.73 - 82.73
  • 52 Week Range 58.29 - 87.70
  • Volume 98
  • Avg. Volume 425
  • Market Cap (intraday) 1.296B
  • Beta (5Y Monthly) 0.45
  • PE Ratio (TTM) 17.13
  • EPS (TTM) 4.83
  • Earnings Date Nov 21, 2024
  • Forward Dividend & Yield 1.26 (1.52%)
  • Ex-Dividend Date Sep 12, 2024
  • 1y Target Est --

Formula Systems (1985) Ltd., through its subsidiaries, provides proprietary and non-proprietary software solutions, Information Technologies (IT) professional services, software product marketing and support, computer infrastructure and integration solutions, and learning and integration. It offers IT software solutions and services, and consulting and management services; computer and communication infrastructure solutions; software solutions, web world content management, database and data warehouse mining, application integration, database and systems, data management, and software development tools; and developers and professional training, and soft skills and management training services. The company also provides property and casualty insurance platforms, such as Sapiens CoreSuite and Sapiens IDITSuite; life, pension, and annuities platforms, including Sapiens, Sapiens CoreSuite, Sapiens UnderwritingPro, Sapiens ApplicationPro, Sapiens IllustrationPro, and Sapiens ConsolidationMaster; Sapiens Cloud-based DigitalSuite; data and analytics platform; and reinsurance software solutions comprising Sapiens ReinsuranceMaster, Sapiens ReinsurancePro, and Sapiens Reinsurance GO. In addition, it offers Sapiens workers' compensation solutions; Sapiens medical professional liability solutions; financial and compliance solutions, such as Sapiens FinancialPro, Sapiens Financial GO, Sapiens StatementPro, Sapiens CheckPro, and Sapiens Reporting Tools; Sapiens Decision, an enterprise-scale platform; technology-based solutions; application development and business process integration platforms; vertical software solutions; cloud-based services; strategic consulting and outsourcing services; and professional services, as well as sells and markets computers and peripheral equipment, and cloud computing solutions. The company was incorporated in 1985 and is headquartered in Or Yehuda, Israel.

www.formulasystems.com

21,900

Full Time Employees

December 31

Fiscal Year Ends

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Performance Overview: FORTY

Trailing total returns as of 11/21/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

FORTY
28.75%
TA-125
21.64%

1-Year Return

FORTY
40.73%
TA-125
30.04%

3-Year Return

FORTY
29.91%
TA-125
15.15%

5-Year Return

FORTY
26.32%
TA-125
43.28%

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Valuation Measures

Annual
As of 11/21/2024
  • Market Cap

    1.30B

  • Enterprise Value

    1.46B

  • Trailing P/E

    17.13

  • Forward P/E

    --

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    0.48

  • Price/Book (mrq)

    1.92

  • Enterprise Value/Revenue

    0.54

  • Enterprise Value/EBITDA

    5.62

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    2.53%

  • Return on Assets (ttm)

    5.67%

  • Return on Equity (ttm)

    13.42%

  • Revenue (ttm)

    2.66B

  • Net Income Avi to Common (ttm)

    67.31M

  • Diluted EPS (ttm)

    4.83

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    472.88M

  • Total Debt/Equity (mrq)

    44.73%

  • Levered Free Cash Flow (ttm)

    --

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