Formula Systems (1985) Statistics
Total Valuation
FORTY has a market cap or net worth of $1.14 billion. The enterprise value is $1.29 billion.
| Market Cap | 1.14B |
| Enterprise Value | 1.29B |
Important Dates
The next estimated earnings date is Tuesday, May 21, 2024, before market open.
| Earnings Date | May 21, 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 (%) | 12.59% |
| Float | 9.53M |
Valuation Ratios
The trailing PE ratio is 18.33.
| PE Ratio | 18.33 |
| Forward PE | n/a |
| PS Ratio | 0.44 |
| Forward PS | n/a |
| PB Ratio | 1.83 |
| P/FCF Ratio | n/a |
| PEG Ratio | n/a |
Enterprise Valuation
| EV / Earnings | 20.08 |
| EV / Sales | 0.49 |
| EV / EBITDA | n/a |
| EV / EBIT | 9.28 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 1.39, with a Debt / Equity ratio of 1.07.
| Current Ratio | 1.39 |
| Quick Ratio | 1.26 |
| Debt / Equity | 1.07 |
| Debt / EBITDA | n/a |
| Debt / FCF | n/a |
| Interest Coverage | 4.89 |
Financial Efficiency
Return on equity (ROE) is 10.90% and return on invested capital (ROIC) is 10.74%.
| Return on Equity (ROE) | 10.90% |
| Return on Assets (ROA) | 2.30% |
| Return on Capital (ROIC) | 10.74% |
| Revenue Per Employee | $118,813 |
| Profits Per Employee | $2,902 |
| Employee Count | 22,059 |
| Asset Turnover | 0.96 |
| Inventory Turnover | 51.23 |
Taxes
In the past 12 months, FORTY has paid $46.08 million in taxes.
| Income Tax | 46.08M |
| Effective Tax Rate | 41.85% |
Stock Price Statistics
The stock price has increased by +22.95% in the last 52 weeks. The beta is 0.46, so FORTY's price volatility has been lower than the market average.
| Beta (1Y) | 0.46 |
| 52-Week Price Change | +22.95% |
| 50-Day Moving Average | 77.22 |
| 200-Day Moving Average | 69.81 |
| Relative Strength Index (RSI) | 38.60 |
| Average Volume (30 Days) | 356 |
Short Selling Information
| Short Interest | 1,537 |
| Short Previous Month | 1,828 |
| Short % of Shares Out | 0.05% |
| Short % of Float | n/a |
| Short Ratio (days to cover) | 6.20 |
Income Statement
In the last 12 months, FORTY had revenue of $2.62 billion and earned $64.01 million in profits. Earnings per share was $4.12.
| Revenue | 2.62B |
| Gross Profit | 643.71M |
| Operating Income | 239.37M |
| Pretax Income | 110.09M |
| Net Income | 64.01M |
| EBITDA | n/a |
| EBIT | 138.42M |
| Earnings Per Share (EPS) | $4.12 |
Balance Sheet
The company has $528.58 million in cash and $669.99 million in debt, giving a net cash position of -$141.41 million or -$9.22 per share.
| Cash & Cash Equivalents | 528.58M |
| Total Debt | 669.99M |
| Net Cash | -141.41M |
| Net Cash Per Share | -$9.22 |
| Equity / Book Value | 625.90M |
| Book Value Per Share | 40.82 |
| Working Capital | 388.44M |
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 24.56%, with operating and profit margins of 9.13% and 2.44%.
| Gross Margin | 24.56% |
| Operating Margin | 9.13% |
| Pretax Margin | 4.20% |
| Profit Margin | 2.44% |
| EBITDA Margin | n/a |
| EBIT Margin | 5.28% |
| FCF Margin | n/a |
Dividends & Yields
This stock pays an annual dividend of $0.64, which amounts to a dividend yield of 0.86%.
| Dividend Per Share | $0.64 |
| Dividend Yield | 0.86% |
| Dividend Growth (YoY) | -49.37% |
| Years of Dividend Growth | n/a |
| Payout Ratio | 15.49% |
| Buyback Yield | 0.03% |
| Shareholder Yield | 0.89% |
| Earnings Yield | 5.60% |
| 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 | 6 |