formula systems - FORTY

FORTY

Close Chg Chg %
127.26 -1.56 -1.23%

Pre-Market

125.70

-1.56 (1.23%)

Volume: 282.67

Last Updated:

Sep 8, 2026, 4:00 PM EDT

Company Overview: formula systems - FORTY

FORTY Key Data

Open

$127.26

Day Range

125.70 - 127.26

52 Week Range

96.00 - 190.56

Market Cap

$1.96B

Shares Outstanding

15.33M

Public Float

14.35M

Beta

1.18

Rev. Per Employee

N/A

P/E Ratio

3.09

EPS

$41.47

Yield

57.65%

Dividend

$1.20

EX-DIVIDEND DATE

Sep 22, 2026

SHORT INTEREST

N/A

AVERAGE VOLUME

357.95

 

FORTY Performance

1 Week
 
2.61%
 
1 Month
 
18.62%
 
3 Months
 
9.79%
 
1 Year
 
-5.70%
 
5 Years
 
N/A
 

FORTY Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 1
Full Ratings ➔

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 2.65B
Industry Information Technology Services Net Income 28.39M
Sector Technology Services Employees N/A
Fiscal Year-end 12 / 2026
View SEC Filings

FORTY Valuation

P/E Current 3.09
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 92.771
Price to Sales Ratio 1.026
Price to Book Ratio 1.877
Price to Cash Flow Ratio 6.94
Enterprise Value to EBITDA 7.16
Enterprise Value to Sales 0.926
Total Debt to Enterprise Value 0.241

FORTY Efficiency

Revenue/Employee N/A
Income Per Employee N/A
Receivables Turnover 3.294
Total Asset Turnover 0.803

FORTY Liquidity

Current Ratio 1.628
Quick Ratio 1.605
Cash Ratio 0.963

FORTY Profitability

Gross Margin 17.047
Operating Margin 7.124
Pretax Margin 5.572
Net Margin 1.072
Return on Assets 1.116
Return on Equity 3.621
Return on Total Capital 1.893
Return on Invested Capital 2.728

FORTY Capital Structure

Total Debt to Total Equity 43.687
Total Debt to Total Capital 30.404
Total Debt to Total Assets 16.499
Long-Term Debt to Equity 21.782
Long-Term Debt to Total Capital 15.159
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Formula Systems - FORTY

Collapse All in section
All values USD millions. 2022 2023 2024 2025 5-year trend
Sales/Revenue
2.56B 2.61B 2.77B 2.65B
Sales Growth
+6.49% +2.02% +5.98% -4.43%
Cost of Goods Sold (COGS) incl D&A
1.94B 1.97B 2.08B 2.20B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
114.86M 121.52M 116.04M 153.72M
Depreciation
65.55M 70.39M 66.49M 74.04M
Amortization of Intangibles
49.31M 51.13M 49.56M 79.68M
COGS Growth
+5.46% +1.54% +5.61% +5.47%
Gross Income
620.03M 642.05M 687.93M 451.39M
Gross Income Growth
+9.89% +3.55% +7.15% -34.38%
Gross Profit Margin
+24.20% +24.56% +24.83% +17.05%
2022 2023 2024 2025 5-year trend
SG&A Expense
388.56M 403.30M 421.52M 262.75M
Research & Development
71.85M 77.77M 84.78M 20.18M
Other SG&A
316.71M 325.53M 336.74M 242.57M
SGA Growth
+9.12% +3.79% +4.52% -37.67%
Other Operating Expense
- - - -
-
Unusual Expense
- 2.27M 3.76M 357.69K
EBIT after Unusual Expense
229.21M 234.99M 266.05M 188.64M
Non Operating Income/Expense
51.34M 13.76M 21.39M (10.42M)
Non-Operating Interest Income
- - 5.80M 13.76M
-
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
24.84M 38.27M 37.89M 30.67M
Interest Expense Growth
-6.15% +54.04% -1.00% -19.05%
Gross Interest Expense
24.84M 38.27M 37.89M 30.67M
Interest Capitalized
- - - -
-
Pretax Income
255.71M 210.49M 249.56M 147.55M
Pretax Income Growth
+38.87% -17.68% +18.56% -40.88%
Pretax Margin
+9.98% +8.05% +9.01% +5.57%
Income Tax
55.02M 45.96M 56.93M 40.78M
Income Tax - Current - Domestic
75.11M 54.60M 68.67M 51.23M
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
(20.09M) (8.65M) (11.73M) (10.45M)
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
198.89M 165.30M 194.71M 110.45M
Minority Interest Expense
117.81M 101.46M 114.66M 73.65M
Net Income
81.07M 63.85M 80.05M 36.80M
Net Income Growth
+48.43% -21.25% +25.37% -54.02%
Net Margin Growth
+3.16% +2.44% +2.89% +1.39%
Extraordinaries & Discontinued Operations
- - - (8.42M)
-
Discontinued Operations
- - - (8.42M)
-
Net Income After Extraordinaries
81.07M 63.85M 80.05M 28.39M
Preferred Dividends
- - - -
-
Net Income Available to Common
81.07M 63.85M 80.05M 28.39M
EPS (Basic)
5.3004 4.1729 5.2302 1.8544
EPS (Basic) Growth
+48.37% -21.27% +25.34% -64.54%
Basic Shares Outstanding
15.30M 15.30M 15.30M 15.31M
EPS (Diluted)
5.1911 4.1111 5.1142 1.7982
EPS (Diluted) Growth
+48.05% -20.80% +24.40% -64.84%
Diluted Shares Outstanding
15.50M 15.50M 15.64M 15.79M
EBITDA
346.33M 360.27M 382.45M 342.36M
EBITDA Growth
+4.81% +4.03% +6.16% -10.48%
EBITDA Margin
+13.52% +13.78% +13.80% +12.93%

Formula Systems in the News