Formula Systems (1985) Ltd. (ADR)
General ticker "FORTY" information:
- Sector: Information Technology
- Industry: Information Technology Services
- Capitalization: $2.1B (TTM average)
Formula Systems (1985) Ltd. (ADR) follows the US Stock Market performance with the rate: 0.8%.
Estimated limits based on current volatility of 1.2%: low 106.69$, high 109.38$
Factors to consider:
- Company pays dividends (semi-annually): last record date 2026-05-22, amount 13.04$ (Y24.31%)
- Total employees count: 3500 as of 2002
- Current price 18.7% below estimated low
- Earnings for 3 months up through Q1 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2025-12-31 to 2027-12-31
- 2025-12-31 to 2026-12-31 estimated range: [131.96$, 189.60$]
- 2026-12-31 to 2027-12-31 estimated range: [138.47$, 199.26$]
Financial Metrics affecting the FORTY estimates:
- Negative: with PPE of 55.8 at the end of fiscal year the price was high
- Positive: Operating cash flow per share per price, % of 14.39 > 12.93
- Positive: -5.34 < Operating profit margin, % of 7.12
- Positive: -3.72 < Return on assets ratio (scaled to [-100,100]) of 0.79
- Positive: Investing cash flow per share per price, % of 19.84 > -0.60
- Negative: 0 < Inventory ratio change, % of 0.35
- Positive: 19.19 < Shareholder equity ratio, % of 37.77 <= 42.57
- Positive: -9.70 < Industry operating profit margin (median), % of -3.26
Short-term FORTY quotes
Long-term FORTY plot with estimates
Financial data
| YTD | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|
| Operating Revenue | $2,620.90MM | $2,757.51MM | $2,647.96MM |
| Operating Expenses | $2,381.53MM | $2,486.99MM | $2,459.33MM |
| Operating Income | $239.37MM | $270.52MM | $188.64MM |
| Non-Operating Income | $-27.56MM | $-20.07MM | $-37.40MM |
| Interest Expense | $38.37MM | $22.14MM | $30.67MM |
| R&D Expense | $77.97MM | $83.73MM | $20.18MM |
| Income(Loss) | $211.81MM | $250.46MM | $151.23MM |
| Taxes | $46.08MM | $56.66MM | $40.78MM |
| Net Income(Loss)* | $64.01MM | $79.67MM | $28.39MM |
| Stockholders Equity | $625.76MM | $679.34MM | $1,353.26MM |
| Inventory | $42.01MM | $30.73MM | $30.25MM |
| Assets | $2,812.60MM | $3,014.63MM | $3,583.26MM |
| Operating Cash Flow | $294.97MM | $324.45MM | $391.13MM |
| Capital expenditure | $32.00MM | $28.96MM | $16.31MM |
| Investing Cash Flow | $-139.24MM | $-78.18MM | $539.25MM |
| Financing Cash Flow | $-243.18MM | $-184.96MM | $-202.07MM |
| Earnings Per Share** | $4.18 | $5.21 | $1.85 |
| Ordinary share to ADR | 1.00x | 1.00x | 1.00x |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.