Formula Systems/$FORTY
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About Formula Systems
Formula Systems (1985) Ltd is a holding company that, through its subsidiaries, provides information technology services. The company organizes itself into operating segments: The Matrix segment, which generates the majority of revenue, provides software development and existing software expansion services. The Sapiens segment provides software development services for the insurance industry. The Magic Software segment provides vendor management systems and workforce management services, which include accounting and finance, human resources, Michpal, ZAP Group, and Others. The majority of the company's revenue comes from Israel.
Ticker
$FORTY
Sector
Primary listing
Industry
IT Services
Headquarters
Or Yehuda, Israel
Employees
22,720
ISIN
US3464141056
Website
Formula Systems Metrics
BasicAdvanced
$1.9B
23.97
$5.21
-
$1.13
0.50%
Price and volume
Market cap
$1.9B
52-week high
$113.30
52-week low
$82.52
Average daily volume
860
Dividend rate
$1.13
Financial strength
Current ratio
1.256
Quick ratio
1.151
Long term debt to equity
25.024
Total debt to equity
45.521
Interest coverage (TTM)
9.80%
Profitability
EBITDA (TTM)
318.111
Gross margin (TTM)
24.92%
Net profit margin (TTM)
2.91%
Operating margin (TTM)
9.71%
Effective tax rate (TTM)
22.63%
Revenue per employee (TTM)
$120,000
Management effectiveness
Return on assets (TTM)
5.83%
Return on equity (TTM)
14.95%
Valuation
Price to earnings (TTM)
23.972
Price to revenue (TTM)
0.68
Price to book
9.25
Price to tangible book (TTM)
-11.56
Dividend yield (TTM)
0.91%
Forward dividend yield
0.50%
Growth
Revenue change (TTM)
5.92%
Earnings per share change (TTM)
25.14%
3-year revenue growth (CAGR)
4.17%
10-year revenue growth (CAGR)
15.65%
3-year earnings per share growth (CAGR)
11.59%
10-year earnings per share growth (CAGR)
12.18%
Bulls say / Bears say
Formula Systems reported record revenues of $691.5 million in Q4 2024, an 8% increase year-over-year, indicating strong financial performance. (nasdaq.com)
The company's operating income for Q3 2024 increased by 21.9% year-over-year to $71.0 million, showcasing operational efficiency. (globenewswire.com)
Formula Systems' stock has delivered a 47% return since January 2024, validating its fair value model and investor confidence. (investing.com)
The proposed merger between Matrix and Magic Software could lead to integration challenges and potential operational disruptions. (globenewswire.com)
An increase in interest expenses due to rising variable interest rates led to a 42.2% rise in financial expenses, impacting net income. (markets.businessinsider.com)
Recent geopolitical events in Israel have resulted in the drafting of approximately 1,100 employees to active military service, potentially affecting productivity. (markets.businessinsider.com)
Data summarised monthly by Lightyear AI. Last updated on 6 Jun 2025.
Formula Systems News
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FAQs
What’s the current market cap for Formula Systems stock?
Formula Systems (FORTY) has a market cap of $1.9B as of June 27, 2025.
What is the P/E ratio for Formula Systems stock?
The price to earnings (P/E) ratio for Formula Systems (FORTY) stock is 23.97 as of June 27, 2025.
Does Formula Systems stock pay dividends?
Yes, the Formula Systems (FORTY) stock pays dividends to shareholders. As of June 27, 2025, the dividend rate is $1.1334 and the yield is 0.5%. Formula Systems has a payout ratio of 0% on a trailing twelve-month basis.
When is the next Formula Systems dividend payment date?
The next Formula Systems (FORTY) dividend payment is scheduled for August 01, 2025.
What is the beta indicator for Formula Systems?
Formula Systems (FORTY) does not currently have a Beta indicator.
