Formula Systems (1985) Statistics
Total Valuation
FORTY has a market cap or net worth of $1.30 billion. The enterprise value is $2.17 billion.
Important Dates
The next confirmed earnings date is Thursday, November 21, 2024, before market open.
| Earnings Date | Nov 21, 2024 |
| Ex-Dividend Date | Sep 12, 2024 |
Share Statistics
FORTY has 15.31 million shares outstanding. The number of shares has increased by 0.60% in one year.
| Current Share Class | n/a |
| Shares Outstanding | 15.31M |
| Shares Change (YoY) | +0.60% |
| Shares Change (QoQ) | +0.17% |
| Owned by Insiders (%) | n/a |
| Owned by Institutions (%) | n/a |
| Float | 9.52M |
Valuation Ratios
The trailing PE ratio is 17.31.
| PE Ratio | 17.31 |
| Forward PE | n/a |
| PS Ratio | n/a |
| Forward PS | n/a |
| PB Ratio | n/a |
| P/TBV Ratio | n/a |
| P/FCF Ratio | n/a |
| P/OCF Ratio | n/a |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | 28.83 |
| EV / Sales | 0.80 |
| EV / EBITDA | 7.05 |
| EV / EBIT | 8.38 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 1.41, with a Debt / Equity ratio of 0.50.
| Current Ratio | 1.41 |
| Quick Ratio | 1.29 |
| Debt / Equity | 0.50 |
| Debt / EBITDA | 2.20 |
| Debt / FCF | n/a |
| Interest Coverage | 10.04 |
Financial Efficiency
Return on equity (ROE) is 14.17% and return on invested capital (ROIC) is 8.18%.
| Return on Equity (ROE) | 14.17% |
| Return on Assets (ROA) | 5.88% |
| Return on Capital (ROIC) | 8.18% |
| Revenue Per Employee | $123,575 |
| Profits Per Employee | $3,440 |
| Employee Count | 21,900 |
| Asset Turnover | 0.98 |
| Inventory Turnover | 63.61 |
Taxes
In the past 12 months, FORTY has paid $51.69 million in taxes.
| Income Tax | 51.69M |
| Effective Tax Rate | 21.99% |
Stock Price Statistics
The stock price has increased by +39.35% in the last 52 weeks. The beta is 0.45, so FORTY's price volatility has been lower than the market average.
| Beta (5Y) | 0.45 |
| 52-Week Price Change | +39.35% |
| 50-Day Moving Average | 79.57 |
| 200-Day Moving Average | 77.40 |
| Relative Strength Index (RSI) | 52.80 |
| Average Volume (20 Days) | 606 |
Short Selling Information
| Short Interest | 1,738 |
| Short Previous Month | 1,310 |
| Short % of Shares Out | 0.02% |
| Short % of Float | n/a |
| Short Ratio (days to cover) | 3.91 |
Income Statement
In the last 12 months, FORTY had revenue of $2.71 billion and earned $75.33 million in profits. Earnings per share was $4.83.
| Revenue | 2.71B |
| Gross Profit | 664.78M |
| Operating Income | 259.00M |
| Pretax Income | 113.53M |
| Net Income | 75.33M |
| EBITDA | 307.88M |
| EBIT | 259.00M |
| Earnings Per Share (EPS) | $4.83 |
Full Income StatementBalance Sheet
The company has $510.85 million in cash and $676.72 million in debt, giving a net cash position of -$165.87 million or -$10.84 per share.
| Cash & Cash Equivalents | 510.85M |
| Total Debt | 676.72M |
| Net Cash | -165.87M |
| Net Cash Per Share | -$10.84 |
| Equity (Book Value) | 1.36B |
| Book Value Per Share | 43.13 |
| Working Capital | 400.06M |
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 24.56%, with operating and profit margins of 9.57% and 2.78%.
| Gross Margin | 24.56% |
| Operating Margin | 9.57% |
| Pretax Margin | 8.68% |
| Profit Margin | 2.78% |
| EBITDA Margin | 11.38% |
| EBIT Margin | 9.57% |
| FCF Margin | n/a |