Formula Systems (1985) Ltd. - ADS represents 1 ordinary shares (FORTY): Price and Financial Metrics
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FORTY Price/Volume Stats
| Current price | $68.88 | 52-week high | $110.42 |
| Prev. close | $69.20 | 52-week low | $60.29 |
| Day low | $68.88 | Volume | 300 |
| Day high | $68.88 | Avg. volume | 533 |
| 50-day MA | $68.44 | Dividend yield | 1.29% |
| 200-day MA | $83.37 | Market Cap | 1.05B |
FORTY Stock Price Chart Interactive Chart >
FORTY Stock Summary
- FORMULA SYSTEMS (1985) LTD's capital turnover -- a measure of revenue relative to shareholder's equity -- is better than 90.08% of US listed stocks.
- With a price/sales ratio of 0.42, FORMULA SYSTEMS (1985) LTD has a higher such ratio than only 14.75% of stocks in our set.
- FORTY's equity multiplier -- a measure of assets relative to shareholders'equity -- is greater than that of 79.74% of US stocks.
- Stocks that are quantitatively similar to FORTY, based on their financial statements, market capitalization, and price volatility, are IRIX, CFMS, OB, BC, and VNT.
- FORTY's SEC filings can be seen here. And to visit FORMULA SYSTEMS (1985) LTD's official web site, go to www.formulasystems.com.
FORTY Valuation Summary
- In comparison to the median Technology stock, FORTY's price/sales ratio is 84% lower, now standing at 0.4.
- FORTY's price/sales ratio has moved up 0.1 over the prior 243 months.
Below are key valuation metrics over time for FORTY.
| Stock | Date | P/S | P/B | P/E | EV/EBIT |
|---|---|---|---|---|---|
| FORTY | 2023-05-16 | 0.4 | 2.0 | 13.5 | 8.1 |
| FORTY | 2023-05-15 | 0.4 | 2.0 | 13.4 | 8.0 |
| FORTY | 2023-05-12 | 0.4 | 2.0 | 13.4 | 8.4 |
| FORTY | 2023-05-11 | 0.4 | 2.0 | 13.7 | 8.6 |
| FORTY | 2023-05-10 | 0.4 | 2.0 | 13.5 | 8.5 |
| FORTY | 2023-05-09 | 0.4 | 1.9 | 12.8 | 8.1 |
FORTY Growth Metrics
- Its 4 year revenue growth rate is now at 74.44%.
- Its year over year revenue growth rate is now at 13.69%.
- Its 2 year net cashflow from operations growth rate is now at 247.41%.
The table below shows FORTY's growth in key financial areas (numbers in millions of US dollars).
| Date | Revenue | Operating Cash Flow | Net Income to Common Stock |
|---|---|---|---|
| 2020-12-31 | 1,933.918 | 286.943 | 46.776 |
| 2019-12-31 | 1,701.115 | 196.081 | 38.82 |
| 2018-12-31 | 1,492.988 | 82.595 | 32.365 |
| 2017-12-31 | 1,355.139 | 80.981 | 10.352 |
| 2016-12-31 | 1,108.621 | 74.955 | 22.445 |
| 2016-12-31 | 1,108.621 | 74.955 | 22.445 |
Formula Systems (1985) Ltd. - ADS represents 1 ordinary shares (FORTY) Company Bio
Formula Systems (1985) Ltd. provides a range of information technology (IT) solutions and services, and develops and markets proprietary software solutions. The company was founded in 1985 and is based in Or Yehuda, Israel.
Latest FORTY News From Around the Web
Below are the latest news stories about FORMULA SYSTEMS (1985) LTD that investors may wish to consider to help them evaluate FORTY as an investment opportunity.
Formula Systems Reports Fourth Quarter and Full Year 2022 Financial Results with Record-Breaking Full Year 2022 Results Recorded Across All Key Financial Indices (Revenues, Gross Profit, Operating Income and Net Income)Net income for the year increased by 49.1% year over year to a record-breaking result of $81.4 millionOR YEHUDA, Israel, March 16, 2023 (GLOBE NEWSWIRE) -- Formula Systems (1985) Ltd. (Nasdaq and TASE: FORTY) (“Formula” or the “Company”), a global information technology group engaged, through its subsidiaries and affiliates, in providing software consulting services and computer-based business solutions and developing proprietary software products, today announced its results for the fourth quar |
Formula Systems Reports Third Quarter and Nine Months 2022 Financial ResultsOR YEHUDA, Israel, Nov. 17, 2022 (GLOBE NEWSWIRE) -- Formula Systems (1985) Ltd. (Nasdaq and TASE: FORTY) (“Formula” or the “Company”), a global information technology group engaged, through its subsidiaries and affiliates, in providing software consulting services and computer-based business solutions and developing proprietary software products, today announced its results for the third quarter and nine-month period ended September 30, 2022. Financial Highlights for the Third Quarter Ended Sep |
Formula Systems Reports Second Quarter and First Half 2022 Financial Results: Net Income for the Second Quarter Reached $32.9 MillionDouble-digit growth recorded across all key financial indices for the first half: revenues, gross profit, operating income, and net income attributable to Formula’s shareholders.OR YEHUDA, Israel, Aug. 17, 2022 (GLOBE NEWSWIRE) -- Formula Systems (1985) Ltd. (Nasdaq and TASE: FORTY), a global information technology group engaged, through its subsidiaries and affiliates, in providing software consulting services and computer-based business solutions and developing proprietary software products, t |
FORTY Price Returns
| 1-mo | N/A |
| 3-mo | 0.85% |
| 6-mo | -16.00% |
| 1-year | -26.34% |
| 3-year | -8.22% |
| 5-year | 92.93% |
| YTD | -2.84% |
| 2022 | -42.20% |
| 2021 | 46.56% |
| 2020 | N/A |
| 2019 | N/A |
| 2018 | 0.00% |
FORTY Dividends
| Ex-Dividend Date | Type | Payout Amount | Change | ||||||
|---|---|---|---|---|---|---|---|---|---|
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Continue Researching FORTY
Want to see what other sources are saying about Formula Systems (1985) Ltd's financials and stock price? Try the links below:Formula Systems (1985) Ltd (FORTY) Stock Price | Nasdaq
Formula Systems (1985) Ltd (FORTY) Stock Quote, History and News - Yahoo Finance
Formula Systems (1985) Ltd (FORTY) Stock Price and Basic Information | MarketWatch
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