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Formula Systems (1985) Ltd. (FORTY)

74.15 +1.94 (+2.69%)
At close: April 17 at 4:00 PM EDT
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DELL
  • 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 --

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.com

22,000

Full Time Employees

December 31

Fiscal Year Ends

Recent News: FORTY

Performance Overview: FORTY

Trailing total returns as of 4/18/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

FORTY
14.44%
TA-125
3.07%

1-Year Return

FORTY
23.44%
TA-125
12.58%

3-Year Return

FORTY
16.36%
TA-125
13.95%

5-Year Return

FORTY
63.34%
TA-125
31.63%

Compare To: FORTY

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Statistics: FORTY

Valuation Measures

As of 4/20/2024
  • 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)

    --

Research Analysis: FORTY

Analyst Price Targets

 

Fair Value

Near Fair Value
% Return
74.15 Current
 

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