Formula Systems (1985) Ltd. (TLV:FORTY)

Formula Systems (1985) Statistics

Total Valuation

TLV:FORTY has a market cap or net worth of ILS 6.07 billion. The enterprise value is 5.26 billion.

Market Cap	6.07B
Enterprise Value	5.26B

Important Dates

The next estimated earnings date is Friday, May 22, 2026.

Earnings Date	May 22, 2026
Ex-Dividend Date	Dec 30, 2025

Share Statistics

TLV:FORTY has 15.33 million shares outstanding. The number of shares has increased by 0.96% in one year.

Current Share Class	15.33M
Shares Outstanding	15.33M
Shares Change (YoY)	+0.96%
Shares Change (QoQ)	+0.20%
Owned by Insiders (%)	11.73%
Owned by Institutions (%)	44.43%
Float	9.54M

Valuation Ratios

The trailing PE ratio is 51.27.

PE Ratio	51.27
Forward PE	n/a
PS Ratio	0.72
PB Ratio	1.06
P/TBV Ratio	3.47
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	2.72
EV / Sales	0.63
EV / EBITDA	6.72
EV / EBIT	8.25
EV / FCF	n/a

Financial Position

The company has a current ratio of 1.63, with a Debt / Equity ratio of 0.33.

Current Ratio	1.63
Quick Ratio	1.54
Debt / Equity	0.33
Debt / EBITDA	2.45
Debt / FCF	n/a
Interest Coverage	3.93

Financial Efficiency

Return on equity (ROE) is 6.88% and return on invested capital (ROIC) is 9.91%.

Return on Equity (ROE)	6.88%
Return on Assets (ROA)	3.71%
Return on Invested Capital (ROIC)	9.91%
Return on Capital Employed (ROCE)	8.64%
Weighted Average Cost of Capital (WACC)	5.43%
Revenue Per Employee	368,630
Profits Per Employee	85,099
Employee Count	22,720
Asset Turnover	0.79
Inventory Turnover	69.14

Taxes

In the past 12 months, TLV:FORTY has paid 128.98 million in taxes.

Income Tax	128.98M
Effective Tax Rate	26.96%

Stock Price Statistics

The stock price has increased by +25.17% in the last 52 weeks. The beta is 0.17, so TLV:FORTY's price volatility has been lower than the market average.

Beta (5Y)	0.17
52-Week Price Change	+25.17%
50-Day Moving Average	41,365.40
200-Day Moving Average	45,427.20
Relative Strength Index (RSI)	44.43
Average Volume (20 Days)	36,321

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, TLV:FORTY had revenue of ILS 8.38 billion and earned 1.93 billion in profits. Earnings per share was 122.39.

Revenue	8.38B
Gross Profit	1.66B
Operating Income	626.05M
Pretax Income	478.34M
Net Income	1.93B
EBITDA	771.31M
EBIT	626.05M
Earnings Per Share (EPS)	122.39

Balance Sheet

The company has 4.08 billion in cash and 1.89 billion in debt, with a net cash position of 2.19 billion or 143.10 per share.

Cash & Cash Equivalents	4.08B
Total Debt	1.89B
Net Cash	2.19B
Net Cash Per Share	143.10
Equity (Book Value)	5.73B
Book Value Per Share	283.85
Working Capital	2.66B

Cash Flow

Operating Cash Flow	n/a
Capital Expenditures	n/a
Depreciation & Amortization	142.41M
Net Borrowing	n/a
Free Cash Flow	n/a
FCF Per Share	n/a

Margins

Gross margin is 19.76%, with operating and profit margins of 7.47% and 23.09%.

Gross Margin	19.76%
Operating Margin	7.47%
Pretax Margin	5.71%
Profit Margin	23.09%
EBITDA Margin	9.21%
EBIT Margin	7.47%
FCF Margin	n/a

Dividends & Yields

This stock pays an annual dividend of 6.76, which amounts to a dividend yield of 1.71%.

Dividend Per Share	6.76
Dividend Yield	1.71%
Dividend Growth (YoY)	n/a
Years of Dividend Growth	2
Payout Ratio	n/a
Buyback Yield	-0.96%
Shareholder Yield	0.83%
Earnings Yield	31.86%
FCF Yield	n/a

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

Altman Z-Score	n/a
Piotroski F-Score	4