About formula systems - FORTY
Formula Systems (1985) Ltd. engages in the provision of software solutions and information technology professional services. It operates through the following segments: Matrix , Sapiens, Magic Software, Insync, Michpal, ZAP Group, and Other. The company was founded on April 2, 1985 and is headquartered in Or Yehuda, Israel.
FORTY At a Glance
Formula Systems (1985) Ltd.
Terminal Center
Or Yehuda, HaMerkaz 6037501
| Phone | 972-3-538-9389 | Revenue | 2.77B | |
| Industry | Information Technology Services | Net Income | 80.05M | |
| Sector | Technology Services | 2024 Sales Growth | 5.985% | |
| Fiscal Year-end | 12 / 2025 | Employees | N/A | |
| View SEC Filings |
FORTY Valuation
| P/E Current | 28.244 |
| P/E Ratio (with extraordinary items) | N/A |
| P/E Ratio (without extraordinary items) | 16.476 |
| Price to Sales Ratio | 0.486 |
| Price to Book Ratio | 1.945 |
| Price to Cash Flow Ratio | 4.13 |
| Enterprise Value to EBITDA | 5.588 |
| Enterprise Value to Sales | 0.771 |
| Total Debt to Enterprise Value | 0.301 |
FORTY Efficiency
| Revenue/Employee | N/A |
| Income Per Employee | N/A |
| Receivables Turnover | 3.305 |
| Total Asset Turnover | 0.951 |
FORTY Liquidity
| Current Ratio | 1.306 |
| Quick Ratio | 1.279 |
| Cash Ratio | 0.495 |
FORTY Profitability
| Gross Margin | 24.83 |
| Operating Margin | 9.616 |
| Pretax Margin | 9.007 |
| Net Margin | 2.889 |
| Return on Assets | 2.747 |
| Return on Equity | 12.267 |
| Return on Total Capital | 6.054 |
| Return on Invested Capital | 7.651 |
FORTY Capital Structure
| Total Debt to Total Equity | 94.639 |
| Total Debt to Total Capital | 48.623 |
| Total Debt to Total Assets | 21.325 |
| Long-Term Debt to Equity | 54.525 |
| Long-Term Debt to Total Capital | 28.013 |