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

Formula Systems (1985) Statistics

Total Valuation

TLV:FORTY has a market cap or net worth of ILS 7.58 billion. The enterprise value is 10.91 billion.

Market Cap	7.58B
Enterprise Value	10.91B

Important Dates

The last earnings date was Thursday, November 20, 2025.

Earnings Date	Nov 20, 2025
Ex-Dividend Date	Dec 30, 2025

Share Statistics

TLV:FORTY has 15.33 million shares outstanding. The number of shares has increased by 1.03% in one year.

Current Share Class	15.33M
Shares Outstanding	15.33M
Shares Change (YoY)	+1.03%
Shares Change (QoQ)	+0.29%
Owned by Insiders (%)	12.10%
Owned by Institutions (%)	48.10%
Float	9.52M

Valuation Ratios

The trailing PE ratio is 31.56.

PE Ratio	31.56
Forward PE	n/a
PS Ratio	0.76
PB Ratio	1.45
P/TBV Ratio	n/a
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	45.94
EV / Sales	1.09
EV / EBITDA	8.65
EV / EBIT	11.43
EV / FCF	n/a

Financial Position

The company has a current ratio of 1.60, with a Debt / Equity ratio of 0.40.

Current Ratio	1.60
Quick Ratio	0.94
Debt / Equity	0.40
Debt / EBITDA	1.69
Debt / FCF	n/a
Interest Coverage	7.64

Financial Efficiency

Return on equity (ROE) is 13.61% and return on invested capital (ROIC) is 8.36%.

Return on Equity (ROE)	13.61%
Return on Assets (ROA)	5.76%
Return on Invested Capital (ROIC)	8.36%
Return on Capital Employed (ROCE)	13.97%
Revenue Per Employee	439,543
Profits Per Employee	10,457
Employee Count	22,720
Asset Turnover	0.98
Inventory Turnover	85.42

Taxes

In the past 12 months, TLV:FORTY has paid 206.61 million in taxes.

Income Tax	206.61M
Effective Tax Rate	23.79%

Stock Price Statistics

The stock price has increased by +52.86% in the last 52 weeks. The beta is 0.43, so TLV:FORTY's price volatility has been lower than the market average.

Beta (5Y)	0.43
52-Week Price Change	+52.86%
50-Day Moving Average	47,594.00
200-Day Moving Average	39,930.95
Relative Strength Index (RSI)	55.38
Average Volume (20 Days)	13,640

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 9.99 billion and earned 237.57 million in profits. Earnings per share was 14.99.

Revenue	9.99B
Gross Profit	2.45B
Operating Income	942.54M
Pretax Income	868.56M
Net Income	237.57M
EBITDA	1.09B
EBIT	942.54M
Earnings Per Share (EPS)	14.99

Balance Sheet

The company has 1.43 billion in cash and 2.11 billion in debt, giving a net cash position of -684.12 million or -44.62 per share.

Cash & Cash Equivalents	1.43B
Total Debt	2.11B
Net Cash	-684.12M
Net Cash Per Share	-44.62
Equity (Book Value)	5.22B
Book Value Per Share	168.20
Working Capital	2.55B

Cash Flow

Operating Cash Flow	n/a
Capital Expenditures	n/a
Free Cash Flow	n/a
FCF Per Share	n/a

Margins

Gross margin is 24.51%, with operating and profit margins of 9.44% and 2.38%.

Gross Margin	24.51%
Operating Margin	9.44%
Pretax Margin	8.70%
Profit Margin	2.38%
EBITDA Margin	10.89%
EBIT Margin	9.44%
FCF Margin	n/a

Dividends & Yields

This stock pays an annual dividend of 6.76, which amounts to a dividend yield of 1.37%.

Dividend Per Share	6.76
Dividend Yield	1.37%
Dividend Growth (YoY)	45.24%
Years of Dividend Growth	1
Payout Ratio	n/a
Buyback Yield	-1.03%
Shareholder Yield	0.34%
Earnings Yield	3.13%
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