Market closedADR
Formula Systems/$FORTY
13:30
15:10
16:45
18:25
20:00
1D1W1MYTD1Y5YMAX
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
Trading on
Industry
IT Services
Headquarters
Or Yehuda, Israel
Employees
21,900
Website
Formula Systems Metrics
BasicAdvanced
$1.3B
17.03
$5.09
0.49
$0.89
1.58%
Price and volume
Market cap
$1.3B
Beta
0.49
52-week high
$99.77
52-week low
$82.52
Average daily volume
1.2K
Dividend rate
$0.89
Financial strength
Current ratio
1.304
Quick ratio
1.199
Long term debt to equity
26.533
Total debt to equity
46.368
Interest coverage (TTM)
12.22%
Management effectiveness
Return on assets (TTM)
5.80%
Return on equity (TTM)
14.37%
Valuation
Price to earnings (TTM)
17.033
Price to revenue (TTM)
0.481
Price to book
7.05
Price to tangible book (TTM)
-9.35
Dividend yield (TTM)
1.02%
Forward dividend yield
1.58%
Growth
Revenue change (TTM)
5.21%
Earnings per share change (TTM)
23.49%
3-year revenue growth (CAGR)
4.67%
3-year earnings per share growth (CAGR)
13.25%
3-year dividend per share growth (CAGR)
0.21%
Formula Systems News
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Capital at risk
Market closedADR
Upcoming events
Apr30
Formula Systems
Dividend·Ex-dividend
May27
Formula Systems
Dividend·Payment
$0.94072
Per share
FAQs
What’s the current market cap for Formula Systems stock?
Formula Systems (FORTY) has a market cap of $1.3B as of April 23, 2025.
What is the P/E ratio for Formula Systems stock?
The price to earnings (P/E) ratio for Formula Systems (FORTY) stock is 17.03 as of April 23, 2025.
Does Formula Systems stock pay dividends?
Yes, the Formula Systems (FORTY) stock pays dividends to shareholders. As of April 23, 2025, the dividend rate is $0.88618 and the yield is 1.58%. 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 May 27, 2025.
What is the beta indicator for Formula Systems?
Formula Systems (FORTY) has a beta rating of 0.49. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.