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FORTY Company Profile and Key Details

NASDAQ : FORTY

Formula Systems (1985)

$102.01
-0.89-0.87%
At Close 4:00 PM
ProfileKey StatsAnalyst RatingsOwnershipRatiosFinancialsDividend & splitsSentimentForecast

Price Chart

Stock Price Today

Formula Systems (1985) Ltd. (FORTY) stock declined over -0.86%, trading at $102.01 on NASDAQ, down from the previous close of $102.90. The stock opened at $103.70, fluctuating between $102.01 and $103.70 in the recent session.

Stock Snapshot

102.9
Prev. Close
1.56B
Market Cap
102.01
Day Low
24.29
P/E Ratio
4.2
EPS (TTM)
N/A
Cash Flow per Share
103.7
Open
15.33M
Number of Shares
103.7
Day High
93.75%
Free Float in %
40.9
Book Value
554
Volume

Relevant Articles

SEC Fillings

Current Report (8-k)

Filing DateAccepted Date

Annual Report (10-k)

Filing DateAccepted Date

Stock Price History Chart

DateOpenHighLowCloseVolume
Jun 30, 2026103.70103.70102.01102.01567
Jun 29, 2026102.79103.00102.79102.90561
Jun 26, 2026102.65102.6595.6895.68223.72
Jun 25, 2026104.90104.9099.52101.331
Jun 24, 2026106.73110.99101.50102.1044.18
Jun 23, 2026106.50106.50106.50106.50557
Jun 22, 2026108.95108.95108.49108.49821
Jun 18, 2026112.70112.90112.70112.901.02K
Jun 17, 2026119.11119.11119.11119.11174
Jun 16, 2026117.65119.98117.65119.98616
Jun 15, 2026118.00118.00118.00118.00254.85
Jun 12, 2026118.22118.22117.50117.530
Jun 11, 2026117.82120.00113.34119.980
Jun 10, 2026118.13122.00117.50117.501.9K
Jun 09, 2026124.90124.90120.02121.50768
Jun 08, 2026129.50129.50129.50129.50283
Jun 05, 2026126.00126.00126.00126.00418
Jun 04, 2026133.50134.63129.00129.0517
Jun 03, 2026138.25138.25138.25138.25252
Jun 01, 2026133.00133.00133.00133.00603

Contact Details

Or Yehuda, 6037501

Israel

https://www.formulasystems.com972 353 89389

About Company

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.

Company Information

Employees21900
Beta0.16
Sales or Revenue$2.62B
5Y Sales Change%0.707%
Fiscal Year EndsDecember
SectorTechnology
IndustryInformation Technology Services

Stock Peers

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SharonAI Holdings, Inc. Class A Common Stock$81.00INOD
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Innodata Inc.$76.64PRFT
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Perficient, Inc.$75.96NYAX
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Nayax Ltd.$64.07JDZG
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JIADE Limited$50.00FISV
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Company Overview

Formula Systems (1985) Ltd. (NASDAQ:FORTY) closed at $102.01 USD, losing -$0.89 (-0.86%) from the previous close of $102.90. The stock is currently trading near its 52-week low $102.01 and $190.56. With a market capitalization of about $1.56 billion, Formula Systems (1985) Ltd. is classified as a small-cap and shows lower-than-market volatility (beta ~0.16). Key stats such as the average daily volume over the past year has been around 396.00 shares, in line with its 52-week average. Headquartered in Or Yehuda, None, Formula Systems (1985) Ltd. operates in the Technology sector and the Information Technology Services industry. Led by CEO Guy Bernstein, the company employs approximately 21,900 people and listed since October 20, 1997. Formula Systems (1985) Ltd. is a global provider of diverse IT solutions and services, operating through its various subsidiaries.

Technical Performance

Short-term trend indicators are bearishly aligned (SMA20 -22.86%, SMA50 -21.35%, SMA200 5.07%). The stock’s 14-day RSI is 33.08 (weak momentum), while the ATR of 6.6 points to higher daily volatility. The stock remains sitting in the mid-range of its 52-week band, trading -39.6% below its high and over 39.47% above its low. Average 10-day trading volume of 367.98 shares is below the 3-month average of 468.39, indicating normal recent market interest.

Valuation Metrics

Formula Systems (1985) Ltd. trades at a P/E ratio of 2.75, slightly below the S&P 500 average, with a price-to-sales ratio of 0.59 and a price-to-book ratio of 1.23 suggesting the stock is closer to book value. The P/FCF stands at 0.0, also below market averages.

Dividend & Fair Value

Formula Systems (1985) Ltd. last paid a dividend of 14.42 per share, this equals a trailing yield of roughly 1.86%. Dividend and splits history remains an important factor for investors monitoring long-term returns. A discounted cash flow model estimates fair value at around $365.34. This means the shares are trading below this model’s fair value.

Earnings & Analyst Outlook

Formula Systems (1985) Ltd. generated EPS of $4.57 over the past year. Five-year average earnings growth is 15.32%.

Shareholding & Insider Activity

Formula Systems (1985) Ltd. has 15.33 million shares outstanding. This equals 124.00 shares. The short ratio is 0.21 days. Institutional investors hold 12.57% of the float. Insiders own 0.0%.

Financial & Profitability Overview

Over the trailing twelve months, Formula Systems (1985) generated $2.62B in revenue, or $169.11 per share. Gross margin was 24.56%, operating margin 9.13%, and net profit margin 2.44%. Returns are modest, with ROA at 2.27% and ROE at 10.23%.
On valuation metrics, Formula Systems (1985) trades at a P/E of 2.75, P/S of 0.59 and P/B of 1.23. The current ratio is 1.68 and quick ratio is 1.66. Operationally, the company’s inventory turnover is 63.28 and cash conversion cycle is 67.25 days. Debt-to-equity is 0.49, supported by a cash flow-to-debt ratio of 0.00.

Quarterly Financial Highlights

For the quarter ended Dec 31, 2023, Formula Systems (1985) posted revenue of $2.62B, down slightly from $2.57B in the prior quarter. Gross profit was $643.71M (margin 24.56%). Operating income was $239.37M (margin 9.1%). Net income was$64.01M (EPS $4.18).
The company ended the quarter with $528.58M in cash and short-term investments, a total debt of $669.99M, and net debt of $217.63M. Total assets were $2.82B, with equity of $1.31B. Financials further reflected stability, with operating cash flow of $239.14M, free cash flow of $199.82M, and capital expenditures of - $39.32M.

Price Forecast & Outlook

Our AI price prediction model suggests that Formula Systems (1985) Ltd. stock has strong potential for upside but may face short-term weakness followed by gains in the medium and long term. 2-Week Outlook: Projected decline of -46.81%, with price expected at $54.73 by November 24, 2023, within a range of $50.81 to $58.41

Key Takeaways

Formula Systems (1985) Ltd. (NASDAQ:FORTY) shares are flat -2.91% year-to-date currently trading near 52-week highs band. Short-term momentum has been positive over the last quarter, despite recent volatility. Valuation shows Formula Systems (1985) Ltd. trading at a premium to the broader market with a P/E of 2.75.

Frequently Asked Questions

What is the current Formula Systems (1985) Ltd. (FORTY) stock price?
Formula Systems (1985) Ltd. (NASDAQ: FORTY) stock price is $102.01 in the last trading session. During the trading session, FORTY stock reached the peak price of $103.70 while $102.01 was the lowest point it dropped to. The percentage change in FORTY stock occurred in the recent session was -0.86% while the dollar amount for the price change in FORTY stock was - $0.89.
FORTY's industry and sector of operation?
The NASDAQ listed FORTY is part of Information Technology Services industry that operates in the broader Technology sector. Formula Systems (1985) Ltd. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.
Who are the executives of FORTY?
Ms. Maya Solomon-Ella
Chief Operational Officer
How FORTY did perform over past 52-week?
FORTY's closing price is 0% higher than its 52-week low of $102.01 where as its distance from 52-week high of $190.56 is -46.47%.
How many employees does FORTY have?
Number of FORTY employees currently stands at 21,900.
Link for FORTY official website?
Official Website of FORTY is: https://www.formulasystems.com
How do I contact FORTY?
FORTY could be contacted at phone 972 353 89389 and can also be accessed through its website. FORTY operates from Yahadut Canada 1 Street, Or Yehuda, 6037501, Israel.
How many shares of FORTY are traded daily?
FORTY stock volume for the day was 554 shares. The average number of FORTY shares traded daily for last 3 months was 396.
What is the market cap of FORTY currently?
The market value of FORTY currently stands at $1.56B with its latest stock price at $102.01 and 15.33M of its shares outstanding.
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