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Technology - Information Technology Services - NASDAQ - IL
$ 80.05
-0.608 %
$ 1.23 B
Market Cap
18.53
P/E
1. INTRINSIC VALUE

Formula Systems (1985) Ltd., through its subsidiaries, provides proprietary and non-proprietary software solutions, IT professional services, software product marketing and support, and computer infrastructure and integration solutions worldwide. The company offers computer and telecommunication infrastructure solutions; computer solutions to computer and communications infrastructures; cloud computing solutions; and database and big data services. It also provides customer relations management, computer systems management infrastructures, web world content management, database and data warehouse mining, application integration, database and system, data management, and software development tools; and professional training courses and advanced professional studies. In addition, it markets and sells computers and peripheral equipment to business customers; offers property and casualty insurance platforms, such as Sapiens, Sapiens CoreSuite, Sapiens IDITSuite, Sapiens PolicyPro, Sapiens BillingPro, Sapiens ClaimsPro, e-Tica, and Tia Enterprise; life, pension, and annuities platforms, including Sapiens CoreSuite, Sapiens UnderwritingPro, Sapiens ApplicationPro, Sapiens IllustrationPro, and Sapiens ConsolidationMaster; reinsurance software solutions comprising Sapiens ReinsuranceMaster, Sapiens ReinsurancePro, and Sapiens Reinsurance GO; and Sapiens platform for workers' compensation solutions.[ Read More ]

The intrinsic value of one FORTY stock under the base case scenario is HIDDEN Compared to the current market price of 80 USD, Formula Systems (1985) Ltd. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart FORTY

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FINANCIALS
2.62 B REVENUE
1.89%
239 M OPERATING INCOME
-13.47%
166 M NET INCOME
-17.00%
295 M OPERATING CASH FLOW
23.35%
-139 M INVESTING CASH FLOW
-87.41%
-243 M FINANCING CASH FLOW
-242.59%
668 M REVENUE
-4.40%
65 M OPERATING INCOME
3.92%
18.8 M NET INCOME
9.79%
0 OPERATING CASH FLOW
0.00%
0 INVESTING CASH FLOW
0.00%
0 FINANCING CASH FLOW
0.00%
Balance Sheet Decomposition Formula Systems (1985) Ltd.
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Current Assets 1.38 B
Cash & Short-Term Investments 528 M
Receivables 721 M
Other Current Assets 127 M
Non-Current Assets 1.44 B
Long-Term Investments 56.1 M
PP&E 174 M
Other Non-Current Assets 1.21 B
Current Liabilities 986 M
Accounts Payable 259 M
Short-Term Debt 263 M
Other Current Liabilities 464 M
Non-Current Liabilities 519 M
Long-Term Debt 407 M
Other Non-Current Liabilities 112 M
EFFICIENCY
Earnings Waterfall Formula Systems (1985) Ltd.
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Revenue 2.62 B
Cost Of Revenue 1.98 B
Gross Profit 644 M
Operating Expenses 404 M
Operating Income 239 M
Other Expenses 73.6 M
Net Income 166 M
RATIOS
24.56% GROSS MARGIN
24.56%
9.13% OPERATING MARGIN
9.13%
2.44% NET MARGIN
2.44%
10.23% ROE
10.23%
2.28% ROA
2.28%
16.03% ROIC
16.03%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Formula Systems (1985) Ltd.
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Net Income 166 M
Depreciation & Amortization 122 M
Capital Expenditures -32 M
Stock-Based Compensation 18.6 M
Change in Working Capital 640 K
Others -24.8 M
Free Cash Flow 263 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Formula Systems (1985) Ltd.
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FORTY has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0.624 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Formula Systems (1985) Ltd.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
7. News
Grupo Aeroportuario del Pacifico Announces Issuance of Bond Certificates in Mexico for Ps. 5,648.1 Million GUADALAJARA, Mexico, Sept. 05, 2024 (GLOBE NEWSWIRE) --  Grupo Aeroportuario del Pacífico, S.A.B. de C.V., (NYSE:PAC; BMV: GAP) (“the Company” or “GAP”) informs that today successfully completed the issuance of 56,481,343 (FIFTY-SIX MILLION FOUR HUNDRED EIGHTY ONE THOUSAND THREE HUNDRED FORTY-THREE) long-term bond certificates in Mexico (Certificados Bursátiles) at a nominal value of Ps. 100 each (ONE HUNDRED PESOS 00/100), for a total value of Ps. 5,648,134,300 (FIVE BILLION SIX HUNDRED FORTY-EIGHT MILLION ONE HUNDRED THIRTY-FOUR THOUSAND THREE HUNDRED PESOS 00/100 M.N.) with a five-year maturity. The order book reached an over-subscription of 1.2x over the original issuance amount. globenewswire.com - 2 months ago
Formula Systems Reports Second Quarter and First Half 2024 Financial Results Operating Income for the Second Quarter Increased by 8.4% Year Over Year to a Second Quarter Record Breaking $65 million. Net Income Attributable to Formula Systems Shareholders for the Second Quarter Increased by 10.7% Year Over Year to a Second Quarter Record-Braking $18.8 million. Operating Income for the Second Quarter Increased by 8.4% Year Over Year to a Second Quarter Record Breaking $65 million. Net Income Attributable to Formula Systems Shareholders for the Second Quarter Increased by 10.7% Year Over Year to a Second Quarter Record-Braking $18.8 million. globenewswire.com - 2 months ago
Publication of Draft Agreement with Trustee for Potential New Israeli Debenture Series OR YEHUDA, Israel, Aug. 05, 2024 (GLOBE NEWSWIRE) -- Formula Systems (1985) Ltd. (“Formula”) published with the Tel Aviv Stock Exchange (the “TASE”) and the Israel Securities Authority (the “ISA”) a draft agreement with a trustee for a new series of secured, non-convertible debentures—Series D Debentures— that may potentially be issued by Formula in Israel. The Series D Debentures would be secured by a first lien on certain shares of certain publicly-traded subsidiaries held by Formula—specifically, Matrix IT Ltd., Sapiens International Corporation N.V., and Magic Software Enterprises Ltd.— with the number of pledged shares to be determined based on a loan-to-value ratio that will not exceed 60% of the value of the pledged shares. globenewswire.com - 3 months ago
Formula Systems Reports First Quarter 2024 Financial Results Revenues for the First Quarter Increased by 4.2% Year Over Year to $698.4 Million. Net Income for the First Quarter Increased by 9.4% Year Over year to $17.2 Million. Revenues for the First Quarter Increased by 4.2% Year Over Year to $698.4 Million. Net Income for the First Quarter Increased by 9.4% Year Over year to $17.2 Million. globenewswire.com - 5 months ago
Formula Systems Announces Filing of 2023 Annual Report Or Yehuda, Israel, May 15, 2024 (GLOBE NEWSWIRE) -- Formula Systems (1985) Ltd. (NASDAQ and TASE: FORTY) (“Formula” or the “Company”), a global information technology group engaged, through its subsidiaries and affiliates, in providing software consulting services and computer-based business solutions and developing proprietary software products, announced today that it has filed its annual report containing audited consolidated financial statements for the year ended December 31, 2023 with the U.S. Securities and Exchange Commission. The annual report is available on the Company's website (www.formulasystems.com). Shareholders may receive a hard copy of the annual report free of charge upon request. globenewswire.com - 6 months ago
Formula Systems Reports Fourth Quarter and Full Year 2023 Financial Results Revenues for the full year increased by 1.9% (or 8.4% on a constant currency basis) Year over year to a record-breaking result of $2.6 billion with Net Income for the year reaching $64 million Revenues for the full year increased by 1.9% (or 8.4% on a constant currency basis) Year over year to a record-breaking result of $2.6 billion with Net Income for the year reaching $64 million globenewswire.com - 7 months ago
Formula Systems Reports Third Quarter and Nine Months 2023 Financial Results: Revenues for the Third Quarter Increased by 4.3% (or 10.8% on a constant currency basis) Year Over Year to a third-quarter record-breaking $654.8 Million with Net Income for the Third Quarter reaching $15.6 million. globenewswire.com - 11 months ago
Formula Systems Reports Second Quarter and First Half 2023 Financial Results Revenues for the Second Quarter Increased by 3% (or 9.1% on a constant currency basis) Year Over Year to a second-quarter record-breaking $655.4 Million with Net Income for the Second Quarter reaching $17.0 million Revenues for the Second Quarter Increased by 3% (or 9.1% on a constant currency basis) Year Over Year to a second-quarter record-breaking $655.4 Million with Net Income for the Second Quarter reaching $17.0 million globenewswire.com - 1 year ago
Formula Systems Clocks 35% Revenue Growth In Q2 Formula Systems (1985) Ltd (NASDAQ: FORTY) reported second-quarter FY21 revenue growth of 34.5% year-on-year to $587.9 million. Segments: As of June 30, 2021, Formula held 48.9%, 43.9%, 45.5%, 100%, 50%, 90.1%, 80%, and 100% of the outstanding ordinary shares of Matrix IT Ltd. benzinga.com - 3 years ago
Formula Systems Reports Second Quarter 2021 Financial Results: Record-Breaking Results with Double Digit Growth Across All Key Financial Indices OR YEHUDA, Israel, Aug. 19, 2021 (GLOBE NEWSWIRE) -- Formula Systems (1985) Ltd. (NASDAQ: FORTY), a global information technology holding company engaged, through its subsidiaries and affiliates, in providing software consulting services and computer-based business solutions and developing proprietary software products, today announced its results for the second quarter and six months-period ended June 30, 2021. globenewswire.com - 3 years ago
Formula Systems Reports First Quarter 2021 Financial Results: Record-Breaking Results With Double Digit Growth Across All Key Financial Indices OR YEHUDA, Israel, May 20, 2021 (GLOBE NEWSWIRE) -- Formula Systems (1985) Ltd. (NASDAQ: FORTY), a global information technology holding company engaged, through its subsidiaries and affiliates, in providing software consulting services and computer-based business solutions and developing proprietary software products, today announced its results for the first quarter ended March 31, 2021. globenewswire.com - 3 years ago
Formula Systems Reports Fourth Quarter and full year 2020 Financial Results with Annual Net Income of $46.8 million, a 20% growth year over year The results for the fourth quarter and for the full year 2020 reflect double digit growth in revenues, gross profit, operating income and net income. The results for the fourth quarter and for the full year 2020 reflect double digit growth in revenues, gross profit, operating income and net income. globenewswire.com - 3 years ago
8. Profile Summary

Formula Systems (1985) Ltd. FORTY

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COUNTRY IL
INDUSTRY Information Technology Services
MARKET CAP $ 1.23 B
Dividend Yield 0.00%
Description Formula Systems (1985) Ltd., through its subsidiaries, provides proprietary and non-proprietary software solutions, IT professional services, software product marketing and support, and computer infrastructure and integration solutions worldwide. The company offers computer and telecommunication infrastructure solutions; computer solutions to computer and communications infrastructures; cloud computing solutions; and database and big data services. It also provides customer relations management, computer systems management infrastructures, web world content management, database and data warehouse mining, application integration, database and system, data management, and software development tools; and professional training courses and advanced professional studies. In addition, it markets and sells computers and peripheral equipment to business customers; offers property and casualty insurance platforms, such as Sapiens, Sapiens CoreSuite, Sapiens IDITSuite, Sapiens PolicyPro, Sapiens BillingPro, Sapiens ClaimsPro, e-Tica, and Tia Enterprise; life, pension, and annuities platforms, including Sapiens CoreSuite, Sapiens UnderwritingPro, Sapiens ApplicationPro, Sapiens IllustrationPro, and Sapiens ConsolidationMaster; reinsurance software solutions comprising Sapiens ReinsuranceMaster, Sapiens ReinsurancePro, and Sapiens Reinsurance GO; and Sapiens platform for workers' compensation solutions. Further, the company provides financial and compliance solutions that include Sapiens FinancialPro, Sapiens Financial GO, and Sapiens StatementPro; Sapiens DECISION, a decision management platform; and technology-based solutions. Additionally, it offers application development and business process integration platforms; vertical software solutions; strategic consulting and outsourcing services; and professional services in various areas, as well as develops on-premise payroll software. Formula Systems (1985) Ltd. was incorporated in 1985 and is headquartered in Or Yehuda, Israel.
Contact Yahadut Canada 1 Street, Or Yehuda, 6037501 https://www.formulasystems.com
IPO Date Oct. 20, 1997
Employees 21900
Officers Ms. Tammy Ohana Koll Chief Technology Officer Ms. Maya Solomon-Ella Chief Operational Officer