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Ticker:
Formula Systems (1985) Ltd (FORTY) NAS
Overview

$79.03 5/15/2024

Formula Systems (1985) Ltd is a holding company that, through its subsidiaries, provides information technology services. The company organizes itself into three primary segments based on the subsidiary. The Matrix segment, which generates the majority of revenue, provides software development and existing software expansion services. The Sapiens segment provides software development services for the insurance industry. The Magic Software segment provides vendor management systems and workforce management services, which include accounting and finance, human resources, IT technology, and marketing and sales. Michpal; ZAP Group and Others. The majority of the company's revenue comes from Israel. (https://www.formulasystems.com)

Prev Day Close:   $79.03   52-week High/Low:   $55.97 - $86.06
P/E (TTM):   19.2   Volume:   905
EPS (TTM):   4.1   3-month Avg Vol:   323
Div & Yield:   $1.24 (1.6%)   Size:   $2,620.9 M (Mid)
Insiders:   n/a   Market Cap:   $1,224.8 M (Small-cap)
Institutional:   0.0%   Sector:   Technology
Beta:   1.1   Industry:   Information Technology Services

Reasons to Buy
  • Sales growth is very predictable.
  • Sales have grown historically at 17.4%.
  • Profit margins are trending up or are steady.
  • Return on Equity is strong.
  • Investors are paying about what they have historically.
  
Items to Check
  • Earnings growth is unpredictable.
  • Earnings have grown historically at only 4.0%.
  • Recent sales growth has been only 1.9%.
  • Recent earnings growth has been only -21.4%.
  • It is impossible to calculate a buy price for this company.
Evaluation Summary
  • Formula Systems (1985) Ltd may not meet your standards for quality at this time.