Skip to main content

Go Premium in Our Biggest Sale Ever

UPGRADE NOW
TipRanks
Go Ultimate75% OFF

Formula (FORTY) Stock Price & Analysis

4 Followers

FORTY Stock Chart & Stats

ILA 38,490.00ILA 480.00(1.26%)
At close:
ILA 32.5KILA 35KILA 37.5KAug 17Aug 31Sep 14Sep 28Oct 12Oct 26Nov 9
Day’s Range
ILA 38,010.00 - ILA 38,770.00
52-Week Range
ILA 29,094.62 - ILA 52,044.27
Previous Close
ILA 38,010.00
Volume
N/A
Average Volume (3M)
21.54K
Market Cap
ILS 5.83B
Enterprise Value
ILS 5.67B
Total Cash (Recent Filing)
ILS 858.75M
Total Debt (Recent Filing)
ILS 670.60M
Price to Earnings (P/E)
2.9
Beta
0.91
Next Earnings
Mar 18, 2027 (Est.)
EPS Estimate
N/A
Last Dividend Ex-Date
Sep 22, 2026
Dividend Yield
11.49%

Bulls Say, Bears Say

Bulls Say

Lower Leverage

The substantial reduction in debt relative to equity strengthens the capital structure and reduces financial pressure. Lower leverage should improve resilience through operating volatility, preserve borrowing capacity, and provide management with greater flexibility to fund investment or withstand weaker conditions.

Positive Free Cash Flow

Consistently positive free cash flow provides evidence that the business generates internal funding rather than relying entirely on external capital. Broad historical alignment with net income supports earnings quality and can sustain debt reduction, investment, and shareholder distributions over coming quarters.

Established Profitability

The multi-year revenue expansion through 2024 and continued gross and operating profitability indicate an established operating base. Although recent performance weakened, maintaining a meaningful gross margin and positive operating margin can support reinvestment and recovery if demand stabilizes.

Bears Say

Recent Revenue Decline

The 2025 revenue contraction interrupts the prior expansion trend and raises concern about near-term demand or business momentum. Persistent top-line weakness could reduce operating leverage, limit reinvestment capacity, and make future profit growth increasingly dependent on cost actions rather than organic expansion.

Weak Cash Conversion

Weak operating cash conversion means reported profits are not translating into cash at a comparable rate. This can constrain the funds available for debt reduction, investment, or distributions and makes the quality and durability of the latest earnings increase less certain over the next several quarters.

Uncertain Earnings Repeatability

The sharp 2025 net-margin increase is unusually large relative to the preceding years and coincides with declining revenue and weaker cash conversion. That combination lowers confidence that the reported profit level is a durable earnings base, increasing the risk of normalization in future periods.

Formula News

FORTY FAQ

What was Formula’s price range in the past 12 months?
Formula lowest stock price was ILA 29094.62 and its highest was ILA 52044.27 in the past 12 months.
What is Formula’s market cap?
Formula’s market cap is ₪5.83B.
When is Formula’s upcoming earnings report date?
The company’s upcoming earnings report date is not yet available.
How were Formula’s earnings last quarter?
Formula released its earnings results on Aug 25, 2026. The company reported ILA 449.6 earnings per share for the quarter.
Is Formula overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does Formula pay dividends?
Formula pays a dividend of ILA 491.527 which represents an annual dividend yield of 11.49%. See more information on Formula dividends here
What is Formula’s EPS estimate?
Formula’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Formula have?
Formula has 15,334,667 shares outstanding.
What happened to Formula’s price movement after its last earnings report?
Formula reported an EPS of ILA 449.6 in its last earnings report. Following the earnings report the stock price went up 0.924%.
Which hedge fund is a major shareholder of Formula?
Currently, no hedge funds are holding shares in IL: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