Formula Systems (1985) Statistics
Total Valuation
FORTY has a market cap or net worth of $1.10 billion. The enterprise value is $1.22 billion.
| Market Cap | 1.10B |
| Enterprise Value | 1.22B |
Important Dates
The next estimated earnings date is Thursday, August 15, 2024, before market open.
| Earnings Date | Aug 15, 2024 |
| Ex-Dividend Date | Apr 3, 2024 |
Share Statistics
FORTY has 15.33 million shares outstanding.
| Shares Outstanding | 15.33M |
| Owned by Insiders (%) | n/a |
| Owned by Institutions (%) | 12.64% |
| Float | 9.50M |
Valuation Ratios
The trailing PE ratio is 17.09.
| PE Ratio | 17.09 |
| Forward PE | n/a |
| PS Ratio | 0.42 |
| Forward PS | n/a |
| PB Ratio | 1.75 |
| P/FCF Ratio | n/a |
| PEG Ratio | n/a |
Enterprise Valuation
| EV / Earnings | 18.59 |
| EV / Sales | 0.46 |
| EV / EBITDA | n/a |
| EV / EBIT | 7.90 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 1.33, with a Debt / Equity ratio of 1.00.
| Current Ratio | 1.33 |
| Quick Ratio | 1.21 |
| Debt / Equity | 1.00 |
| Debt / EBITDA | n/a |
| Debt / FCF | n/a |
| Interest Coverage | 3.79 |
Financial Efficiency
Return on equity (ROE) is 10.80% and return on invested capital (ROIC) is 11.02%.
| Return on Equity (ROE) | 10.80% |
| Return on Assets (ROA) | 2.40% |
| Return on Capital (ROIC) | 11.02% |
| Revenue Per Employee | $120,955 |
| Profits Per Employee | $2,990 |
| Employee Count | 21,900 |
| Asset Turnover | 0.96 |
| Inventory Turnover | 54.73 |
Taxes
In the past 12 months, FORTY has paid $48.04 million in taxes.
| Income Tax | 48.04M |
| Effective Tax Rate | 42.32% |
Stock Price Statistics
The stock price has decreased by -3.42% in the last 52 weeks. The beta is 0.47, so FORTY's price volatility has been lower than the market average.
| Beta (5Y) | 0.47 |
| 52-Week Price Change | -3.42% |
| 50-Day Moving Average | 75.98 |
| 200-Day Moving Average | 70.20 |
| Relative Strength Index (RSI) | 38.04 |
| Average Volume (20 Days) | 117 |
Short Selling Information
| Short Interest | 729 |
| Short Previous Month | 989 |
| Short % of Shares Out | 0.05% |
| Short % of Float | n/a |
| Short Ratio (days to cover) | 1.57 |
Income Statement
In the last 12 months, FORTY had revenue of $2.65 billion and earned $65.49 million in profits. Earnings per share was $4.23.
| Revenue | 2.65B |
| Gross Profit | 646.00M |
| Operating Income | 241.16M |
| Pretax Income | 113.53M |
| Net Income | 65.49M |
| EBITDA | n/a |
| EBIT | 154.18M |
| Earnings Per Share (EPS) | $4.23 |
Balance Sheet
The company has $516.14 million in cash and $630.46 million in debt, giving a net cash position of -$114.32 million or -$7.46 per share.
| Cash & Cash Equivalents | 516.14M |
| Total Debt | 630.46M |
| Net Cash | -114.32M |
| Net Cash Per Share | -$7.46 |
| Equity (Book Value) | 631.46M |
| Book Value Per Share | 41.18 |
| Working Capital | 342.14M |
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 24.39%, with operating and profit margins of 9.10% and 2.47%.
| Gross Margin | 24.39% |
| Operating Margin | 9.10% |
| Pretax Margin | 4.29% |
| Profit Margin | 2.47% |
| EBITDA Margin | n/a |
| EBIT Margin | 5.82% |
| FCF Margin | n/a |
Dividends & Yields
This stock pays an annual dividend of $0.64, which amounts to a dividend yield of 0.89%.
| Dividend Per Share | $0.64 |
| Dividend Yield | 0.89% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | 15.08% |
| Buyback Yield | -0.69% |
| Shareholder Yield | 0.20% |
| Earnings Yield | 5.94% |
| FCF Yield | n/a |
Analyst Forecast
| Price Target | n/a |
| Price Target Difference | n/a |
| Analyst Consensus | n/a |
| Analyst Count | n/a |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
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 | 5 |