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FORTY Stock Chart & Stats
$117.51
$7.77(7.31%)
At close: 4:00 PM EDT
$117.51
$7.77(7.31%)
Day’s Range― - ―
52-Week Range$95.00 - $190.56
Previous Close$114
Volume446.00
Average Volume (3M)863.00
Market Cap
$1.92B
Enterprise Value$1.87B
Total Cash (Recent Filing)$864.54M
Total Debt (Recent Filing)$670.59M
Price to Earnings (P/E)3.0
Beta0.76
Next Earnings
Mar 18, 2027EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield12.99%
Share Statistics
EPS (TTM)41.07
Shares Outstanding15,334,667
10 Day Avg. Volume285
30 Day Avg. Volume863
Financial Highlights & Ratios
PEG Ratio-1.40
Price to Book (P/B)1.89
Price to Sales (P/S)0.97
P/FCF Ratio6.82
Enterprise Value/Market Cap0.98
Enterprise Value/Revenue0.64
Enterprise Value/Gross Profit3.22
Enterprise Value/Ebitda6.79
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Strong 2026 GrowthThe sharp revenue growth reported for both the second quarter and first half indicates stronger demand across the subsidiary portfolio. If sustained, this broader operating expansion can improve scale, support investment in software and services, and strengthen Formula Systems’ position over the next several quarters.
Robust Cash GenerationOperating and free cash flow increased in 2025, while free cash flow remained close to reported earnings across the reviewed years. This supports the quality of cash conversion, gives subsidiaries and the holding company funding flexibility, and can help sustain investment, debt service, and shareholder distributions.
Improved Balance SheetThe material reduction in debt relative to equity and substantial increase in equity indicate a stronger capital position than in prior years. Greater balance-sheet resilience should improve Formula Systems’ ability to withstand operating volatility, support subsidiary growth, and retain strategic flexibility.
Bears Say
2025 Revenue And Margin DeclineThe 2025 reversal from earlier revenue growth, combined with lower gross and operating margins, signals weaker underlying operating momentum. Persistent pressure would reduce the earnings contribution from the subsidiary portfolio and could limit the cash available for reinvestment, deleveraging, or distributions.
Earnings Quality Is UnevenA meaningful portion of reported H1 operating income came from a capital gain linked to dilution of the TSG stake rather than recurring software or IT-service activity. This makes headline profit growth less representative of normalized operations and reduces confidence in the durability of earnings expansion.
Debt Remains Material To Cash FlowAlthough leverage improved, operating cash flow still covers less than one-third of total debt. That leaves Formula Systems dependent on sustained cash generation, refinancing, or asset and subsidiary-related actions to reduce obligations, limiting financial flexibility if operating performance weakens.
Formula Systems News
FORTY FAQ
What was Formula Systems Ltd’s price range in the past 12 months?
Formula Systems Ltd lowest stock price was $95.00 and its highest was $190.56 in the past 12 months.
What is Formula Systems Ltd’s market cap?
Formula Systems Ltd’s market cap is $1.92B.
When is Formula Systems Ltd’s upcoming earnings report date?
Formula Systems Ltd’s upcoming earnings report date is Mar 18, 2027 which is in 143 days.
How were Formula Systems Ltd’s earnings last quarter?
Formula Systems Ltd released its earnings results on Aug 25, 2026. The company reported $1.545 earnings per share for the quarter.
Is Formula Systems Ltd overvalued?
According to Wall Street analysts Formula Systems Ltd’s price is currently Overvalued.
Does Formula Systems Ltd pay dividends?
Formula Systems Ltd pays a Semiannually dividend of $1.63 which represents an annual dividend yield of 12.99%. See more information on Formula Systems Ltd dividends here
What is Formula Systems Ltd’s EPS estimate?
Formula Systems Ltd’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Formula Systems Ltd have?
Formula Systems Ltd has 15,334,667 shares outstanding.
What happened to Formula Systems Ltd’s price movement after its last earnings report?
Formula Systems Ltd reported an EPS of $1.545 in its last earnings report. Following the earnings report the stock price went up 1.961%.
Which hedge fund is a major shareholder of Formula Systems Ltd?
Currently, no hedge funds are holding shares in FORTY
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Formula Systems Stock Smart Score
Neutral
1
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3
4
5
6
7
8
9
10
Technicals
SMA
Negative
20 days / 200 days
Momentum
-13.60%
12-Months-Change
Fundamentals
Return on Equity
54.28%
Trailing 12-Months
Asset Growth
9.67%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Formula Systems Ltd
Formula Systems (1985) Ltd. is a global provider of diverse IT solutions and services, operating through its various subsidiaries. The company specializes in delivering both its own proprietary software and third-party solutions, alongside comprehensive IT professional services, software product marketing and support, and integrated computer infrastructure solutions. Its extensive range of offerings includes robust computer and telecommunication infrastructure solutions, specialized computer solutions for existing communication setups, cutting-edge cloud computing services, and advanced database and big data management. Formula Systems also supplies critical software tools for areas such as customer relationship management, computer systems infrastructure oversight, web content management, database and data warehouse mining, application integration, general database and system management, and software development. Additionally, it offers professional training courses and advanced educational programs. The company is also involved in the sale of computers and peripheral equipment to business clients. A significant part of its portfolio comprises specialized insurance technology platforms under the "Sapiens" brand. These include solutions for property and casualty insurance (e.g., Sapiens, Sapiens CoreSuite, Sapiens IDITSuite, Sapiens PolicyPro, Sapiens BillingPro, Sapiens ClaimsPro, e-Tica, and Tia Enterprise), life, pension, and annuities management (e.g., Sapiens CoreSuite, Sapiens UnderwritingPro, Sapiens ApplicationPro, Sapiens IllustrationPro, and Sapiens ConsolidationMaster), and reinsurance operations (e.g., Sapiens ReinsuranceMaster, Sapiens ReinsurancePro, and Sapiens Reinsurance GO). It also provides a dedicated Sapiens platform for workers' compensation solutions. Furthermore, Formula Systems delivers financial and compliance solutions, such as Sapiens FinancialPro, Sapiens Financial GO, and Sapiens StatementPro, alongside the Sapiens DECISION platform for advanced decision management, and a broader array of general technology-driven solutions. Its services are rounded out with platforms for application development and seamless business process integration, industry-specific software, strategic consulting, outsourcing, and a wide spectrum of other professional services. The company also develops on-premise payroll software. Formula Systems (1985) Ltd. was established in 1985 and is headquartered in Or Yehuda, Israel.
Technical Analysis
Ownership Overview
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Insiders
<0.01% Mutual Funds
5.09% Other Institutional Investors
94.91% Public Companies and
Individual Investors