Formula Systems (1985) Statistics
Total Valuation
FORTY has a market cap or net worth of $1.32 billion. The enterprise value is $2.13 billion.
Important Dates
The next estimated earnings date is Wednesday, November 20, 2024, before market open.
| Earnings Date | Nov 20, 2024 |
| Ex-Dividend Date | Sep 12, 2024 |
Share Statistics
FORTY has 15.30 million shares outstanding. The number of shares has increased by 0.45% in one year.
| Shares Outstanding | 15.30M |
| Shares Change (YoY) | +0.45% |
| Shares Change (QoQ) | +0.34% |
| Owned by Insiders (%) | n/a |
| Owned by Institutions (%) | n/a |
| Float | 9.52M |
Valuation Ratios
The trailing PE ratio is 19.61.
| PE Ratio | 19.61 |
| Forward PE | n/a |
| PS Ratio | n/a |
| Forward PS | n/a |
| PB Ratio | n/a |
| P/FCF Ratio | n/a |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | 31.59 |
| EV / Sales | 0.80 |
| EV / EBITDA | 7.21 |
| EV / EBIT | 8.64 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 1.40, with a Debt / Equity ratio of 0.45.
| Current Ratio | 1.40 |
| Quick Ratio | 1.27 |
| Debt / Equity | 0.45 |
| Debt / EBITDA | 1.71 |
| Debt / FCF | n/a |
| Interest Coverage | 9.33 |
Financial Efficiency
Return on equity (ROE) is 13.42% and return on invested capital (ROIC) is 7.93%.
| Return on Equity (ROE) | 13.42% |
| Return on Assets (ROA) | 5.67% |
| Return on Capital (ROIC) | 7.93% |
| Revenue Per Employee | $121,516 |
| Profits Per Employee | $3,073 |
| Employee Count | 21,900 |
| Asset Turnover | 0.98 |
| Inventory Turnover | 57.78 |
Taxes
In the past 12 months, FORTY has paid $50.31 million in taxes.
| Income Tax | 50.31M |
| Effective Tax Rate | 22.70% |
Stock Price Statistics
The stock price has increased by +37.40% in the last 52 weeks. The beta is 0.48, so FORTY's price volatility has been lower than the market average.
| Beta (5Y) | 0.48 |
| 52-Week Price Change | +37.40% |
| 50-Day Moving Average | 77.87 |
| 200-Day Moving Average | 76.34 |
| Relative Strength Index (RSI) | 69.00 |
| Average Volume (20 Days) | 473 |
Short Selling Information
| Short Interest | 1,310 |
| Short Previous Month | 1,757 |
| Short % of Shares Out | 0.01% |
| Short % of Float | n/a |
| Short Ratio (days to cover) | 2.73 |
Income Statement
In the last 12 months, FORTY had revenue of $2.66 billion and earned $67.31 million in profits. Earnings per share was $4.32.
| Revenue | 2.66B |
| Gross Profit | 651.50M |
| Operating Income | 246.21M |
| Pretax Income | 113.53M |
| Net Income | 67.31M |
| EBITDA | 294.74M |
| EBIT | 246.21M |
| Earnings Per Share (EPS) | $4.32 |
Full Income StatementBalance Sheet
The company has $472.88 million in cash and $593.56 million in debt, giving a net cash position of -$120.68 million or -$7.89 per share.
| Cash & Cash Equivalents | 472.88M |
| Total Debt | 593.56M |
| Net Cash | -120.68M |
| Net Cash Per Share | -$7.89 |
| Equity (Book Value) | 1.33B |
| Book Value Per Share | 42.08 |
| Working Capital | 371.94M |
Full Balance SheetCash Flow
| Operating Cash Flow | n/a |
| Capital Expenditures | n/a |
| Free Cash Flow | n/a |
| FCF Per Share | n/a |
Full Cash Flow StatementMargins
Gross margin is 24.48%, with operating and profit margins of 9.25% and 2.53%.
| Gross Margin | 24.48% |
| Operating Margin | 9.25% |
| Pretax Margin | 8.33% |
| Profit Margin | 2.53% |
| EBITDA Margin | 11.08% |
| EBIT Margin | 9.25% |
| FCF Margin | n/a |