Formula Systems (1985) Ltd. (ADR)
General ticker "FORTY" information:
- Sector: Information Technology
- Industry: Information Technology Services
- Capitalization: $2.1B (TTM average)
Formula Systems (1985) Ltd. (ADR) does not follow the US Stock Market performance with the rate: -20.5%.
Estimated limits based on current volatility of 1.5%: low 111.82$, high 115.32$
Factors to consider:
- Company pays dividends (semi-annually): last record date 2026-09-22, amount 1.63$ (Y2.84%)
- Total employees count: 4072 (-71.9%) as of 2025
- Current price 13.1% below estimated low
- Earnings for 6 months up through Q2 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: [132.09$, 191.08$]
- 2026-12-31 to 2027-12-31 estimated range: [139.43$, 201.76$]
Financial Metrics affecting the FORTY estimates:
- Negative: with PPE of 55.6 at the end of fiscal year the price was high
- Positive: 4.60 < Operating profit margin, % of 7.12
- Positive: 11.37 < Operating cash flow per share per price, % of 14.44
- Positive: Inventory ratio change, % of 1.45 <= 4.02
- Positive: 0.90 < Industry operating cash flow per share per price (median), % of 0.99
- Positive: Interest expense per share per price, % of 1.13 <= 1.42
Short-term FORTY quotes
Long-term FORTY plot with estimates
Financial data
| YTD | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|
| Operating Revenue | $2,614.15MM | $2,228.96MM | $2,647.96MM |
| Operating Expenses | $2,375.40MM | $2,050.16MM | $2,459.33MM |
| Operating Income | $238.75MM | $178.81MM | $188.64MM |
| Non-Operating Income | $-27.49MM | $-17.10MM | $-37.40MM |
| Interest Expense | $38.27MM | $26.39MM | $30.67MM |
| R&D Expense | $77.77MM | $18.16MM | $20.18MM |
| Income(Loss) | $211.26MM | $161.71MM | $151.23MM |
| Taxes | $45.96MM | $38.96MM | $40.78MM |
| Net Income(Loss)* | $63.85MM | $80.05MM | $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** | $4.17 | $5.23 | $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.