Formula Systems (1985) Ltd. (FORTY)
- Previous Close
72.21 - Open
74.15 - Bid --
- Ask --
- Day's Range
74.15 - 74.15 - 52 Week Range
55.97 - 83.19 - Volume
7 - Avg. Volume
352 - Market Cap (intraday)
1.137B - Beta (5Y Monthly) 0.46
- PE Ratio (TTM)
18.22 - EPS (TTM)
4.07 - Earnings Date --
- Forward Dividend & Yield 1.26 (1.70%)
- Ex-Dividend Date Apr 3, 2024
- 1y Target Est
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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. In addition, the company offers property and casualty insurance platforms, such as Sapiens, Sapiens CoreSuite, Sapiens IDITSuite, and IDIT Go; 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. Further, it provides 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; and technology-based solutions. Additionally, it offers application development and business process integration platforms; vertical software solutions; strategic consulting and outsourcing services; and professional services in various areas, as well as develops on-premise payroll software. The company was incorporated in 1985 and is headquartered in Or Yehuda, Israel.
www.formulasystems.com22,000
Full Time Employees
December 31
Fiscal Year Ends
Sector
Information Technology Services
Industry
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Performance Overview: FORTY
Trailing total returns as of 4/18/2024, which may include dividends or other distributions. Benchmark is .
YTD Return
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Statistics: FORTY
Valuation Measures
Market Cap
1.14B
Enterprise Value
1.37B
Trailing P/E
18.22
Forward P/E
--
PEG Ratio (5yr expected)
--
Price/Sales (ttm)
0.44
Price/Book (mrq)
1.95
Enterprise Value/Revenue
0.52
Enterprise Value/EBITDA
5.74
Financial Highlights
Profitability and Income Statement
Profit Margin
2.44%
Return on Assets (ttm)
5.33%
Return on Equity (ttm)
13.34%
Revenue (ttm)
2.62B
Net Income Avi to Common (ttm)
64.01M
Diluted EPS (ttm)
4.07
Balance Sheet and Cash Flow
Total Cash (mrq)
528.58M
Total Debt/Equity (mrq)
51.21%
Levered Free Cash Flow (ttm)
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Research Analysis: FORTY
Analyst Price Targets
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