formula systems - FORTY

FORTY

Close Chg Chg %
147.00 2.08 1.41%

Open Market

149.08

+2.08 (1.41%)

Volume: 17.74

Last Updated:

May 11, 2026, 9:30 AM EDT

Company Overview: formula systems - FORTY

FORTY Key Data

Open

$149.08

Day Range

149.08 - 149.08

52 Week Range

95.38 - 190.56

Market Cap

$2.26B

Shares Outstanding

15.33M

Public Float

14.35M

Beta

1.21

Rev. Per Employee

N/A

P/E Ratio

3.69

EPS

$39.86

Yield

120.78%

Dividend

$0.37

EX-DIVIDEND DATE

Dec 30, 2025

SHORT INTEREST

N/A

AVERAGE VOLUME

426.49

 

FORTY Performance

1 Week
 
11.26%
 
1 Month
 
21.51%
 
3 Months
 
24.23%
 
1 Year
 
61.59%
 
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 611.29M
Sector Technology Services Employees N/A
Fiscal Year-end 12 / 2026
View SEC Filings

FORTY Valuation

P/E Current 3.715
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 4.308
Price to Sales Ratio 1.026
Price to Book Ratio N/A
Price to Cash Flow Ratio N/A
Enterprise Value to EBITDA N/A
Enterprise Value to Sales 0.93
Total Debt to Enterprise Value 0.24

FORTY Efficiency

Revenue/Employee N/A
Income Per Employee N/A
Receivables Turnover 3.419
Total Asset Turnover 0.80

FORTY Liquidity

Current Ratio 1.628
Quick Ratio 1.605
Cash Ratio 0.962

FORTY Profitability

Gross Margin 19.762
Operating Margin 7.124
Pretax Margin 5.572
Net Margin 23.085
Return on Assets 1.112
Return on Equity 3.604
Return on Total Capital 1.882
Return on Invested Capital 2.719

FORTY Capital Structure

Total Debt to Total Equity 43.448
Total Debt to Total Capital 30.288
Total Debt to Total Assets 16.434
Long-Term Debt to Equity 21.607
Long-Term Debt to Total Capital 15.063
  • 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 2.12B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
- 114.86M 121.52M 116.04M
Depreciation
- 65.55M 70.39M 66.49M
Amortization of Intangibles
- 49.31M 51.13M 49.56M
COGS Growth
+5.46% +1.54% +5.61% +2.02%
Gross Income
620.03M 642.05M 687.93M 523.28M
Gross Income Growth
+9.89% +3.55% +7.15% -23.93%
Gross Profit Margin
+24.20% +24.56% +24.83% +19.76%
2022 2023 2024 2025 5-year trend
SG&A Expense
388.56M 403.30M 421.52M 334.64M
Research & Development
71.85M 77.77M 84.78M 20.18M
Other SG&A
316.71M 325.53M 336.74M 314.46M
SGA Growth
+9.12% +3.79% +4.52% -20.61%
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 9.30M
Non-Operating Interest Income
- - 5.80M 13.76M
-
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
24.84M 38.27M 37.89M 50.38M
Interest Expense Growth
-6.15% +54.04% -1.00% +32.99%
Gross Interest Expense
24.84M 38.27M 37.89M 50.38M
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
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
- (20.09M) (8.65M) (11.73M)
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
- - - 574.49M
-
Discontinued Operations
- - - 574.49M
-
Net Income After Extraordinaries
81.07M 63.85M 80.05M 611.29M
Preferred Dividends
- - - -
-
Net Income Available to Common
81.07M 63.85M 80.05M 611.29M
EPS (Basic)
5.3004 4.1729 5.2302 39.9307
EPS (Basic) Growth
+48.37% -21.27% +25.34% +663.46%
Basic Shares Outstanding
15.30M 15.30M 15.30M 15.31M
EPS (Diluted)
5.1911 4.1111 5.1142 38.7214
EPS (Diluted) Growth
+48.05% -20.80% +24.40% +657.14%
Diluted Shares Outstanding
15.50M 15.50M 15.64M 15.79M
EBITDA
- 346.33M 360.27M 382.45M
EBITDA Growth
- +4.81% +4.03% +6.16%
EBITDA Margin
- +13.52% +13.78% +13.80%

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