Formula Systems (1985) Ltd. (ADR)
General ticker "FORTY" information:
- Sector: Information Technology
- Industry: IT Services
- Capitalization: $1.7B (TTM average)
Formula Systems (1985) Ltd. (ADR) follows the US Stock Market performance with the rate: 48.5%.
Estimated limits based on current volatility of 2.8%: low 161.77$, high 171.09$
Factors to consider:
- Company pays dividends (semi-annually): last record date 2025-10-14, amount 0.52$ (Y0.62%)
- Total employees count: 3500 as of 2002
- Current price 54.3% above estimated high
- Earnings for 6 months up through Q2 are below 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 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [75.96$, 109.37$]
- 2025-12-31 to 2026-12-31 estimated range: [80.15$, 115.71$]
Financial Metrics affecting the FORTY estimates:
- Negative: with PPE of 18.2 at the end of fiscal year the price was very high
- Positive: 7.86 < Operating profit margin, % of 9.81
- Positive: Operating cash flow per share per price, % of 22.89 > 13.24
- Positive: 1.87 < Return on assets ratio (scaled to [-100,100]) of 6.04
- Negative: Industry operating cash flow per share per price (median), % of 3.39 <= 5.52
- Positive: 18.93 < Shareholder equity ratio, % of 22.53 <= 41.86
- Negative: Industry operating profit margin (median), % of 0.31 <= 2.97
- Positive: Inventory ratio change, % of -1.42 <= -0.75
- Negative: Industry inventory ratio change (median), % of 0.43 > 0.28
Short-term FORTY quotes
Long-term FORTY plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating Revenue | $2,572.36MM | $2,620.90MM | $2,757.51MM |
| Operating Expenses | $2,295.72MM | $2,381.53MM | $2,486.99MM |
| Operating Income | $276.64MM | $239.37MM | $270.52MM |
| Non-Operating Income | $-21.74MM | $-27.56MM | $-20.07MM |
| Interest Expense | $24.94MM | $38.37MM | $22.14MM |
| R&D Expense | $72.13MM | $77.97MM | $83.73MM |
| Income(Loss) | $254.90MM | $211.81MM | $250.46MM |
| Taxes | $55.23MM | $46.08MM | $56.66MM |
| Profit(Loss)* | $81.39MM | $64.01MM | $79.67MM |
| Stockholders Equity | $551.87MM | $625.76MM | $679.34MM |
| Inventory | $35.18MM | $42.01MM | $30.73MM |
| Assets | $2,794.71MM | $2,812.60MM | $3,014.63MM |
| Operating Cash Flow | $239.14MM | $294.97MM | $324.45MM |
| Capital expenditure | $39.31MM | $32.00MM | $28.96MM |
| Investing Cash Flow | $-74.30MM | $-139.24MM | $-78.18MM |
| Financing Cash Flow | $-70.98MM | $-243.18MM | $-184.96MM |
| Earnings Per Share** | $5.32 | $4.18 | $5.21 |
| 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.