Formula Systems (1985) Ltd.

Formula Systems (1985) Ltd.verified

FORTY

Price:

$82.73

Market Cap:

$1.27B

Formula Systems (1985) Ltd., through its subsidiaries, provides proprietary and non-proprietary software solutions, IT professional services, software product marketing and support, and computer infrastructure and integration solutions worldwide. The company offers computer and telecommunication infrastructure solutions; computer solutions to computer and communications infrastructures; cloud computing solutions; and database and big data services. It also provides customer relations management, computer systems management infrastructures, web world content management, database and data warehouse mining, application integration, database and system, data management, and software development ...[Read more]

Industry

Information Technology Services

IPO Date

1997-10-20

Stock Exchange

NASDAQ

Ticker

FORTY

The Enterprise Value as of November 2024 (TTM) for Formula Systems (1985) Ltd. (FORTY) is 1.48B

According to Formula Systems (1985) Ltd.’s latest financial reports and current stock price. The company's current Enterprise Value is 1.48B. This represents a change of 9.31% compared to the average of 1.35B of the last 4 quarters.

Formula Systems (1985) Ltd. (FORTY) Historical Enterprise Value (quarterly & annually)

How has FORTY Enterprise Value performed in the past?

The mean historical Enterprise Value of Formula Systems (1985) Ltd. over the last ten years is 1.01B. The current 1.48B Enterprise Value has changed 14.51% with respect to the historical average. Over the past ten years (40 quarters), FORTY's Enterprise Value was at its highest in in the December 2021 quarter at 2.12B. The Enterprise Value was at its lowest in in the December 2014 quarter at 351.61M.

Quarterly (TTM)
Annual

Average

1.01B

Median

965.07M

Minimum

350.44M

Maximum

2.12B

Formula Systems (1985) Ltd. (FORTY) Enterprise Value by Quarter and Year

Discovering the peaks and valleys of Formula Systems (1985) Ltd. Enterprise Value, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 95.31%

Maximum Annual Enterprise Value = 2.12B

Minimum Annual Increase = -38.17%

Minimum Annual Enterprise Value = 350.44M

Quarterly (TTM)
Annual
YearEnterprise ValueChange
20231.22B-7.26%
20221.31B-38.17%
20212.12B44.04%
20201.47B15.96%
20191.27B95.31%
2018650.76M-8.70%
2017712.78M21.89%
2016584.79M44.92%
2015403.52M15.15%
2014350.44M-3.21%

Formula Systems (1985) Ltd. (FORTY) Average Enterprise Value

How has FORTY Enterprise Value performed in the past?

The current Enterprise Value of Formula Systems (1985) Ltd. (FORTY) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

1.55B

5-year avg

1.48B

10-year avg

1.01B

Formula Systems (1985) Ltd. (FORTY) Enterprise Value vs. Peers

How is FORTY’s Enterprise Value compared to its peers?

Formula Systems (1985) Ltd.’s Enterprise Value is greater than CSP Inc. (139.83M), greater than Nayax Ltd. (1.01B), greater than Information Services Group, Inc. (233.66M), greater than Alithya Group Inc. (278.62M), less than Computer Task Group, Incorporated (0), greater than Startek, Inc. (164.52M), greater than The Hackett Group, Inc. (254.51M), greater than Clarivate Plc (867.28M), less than null (8.05B),

CompanyEnterprise ValueMarket cap
139.83M$167.74M
1.01B$1.01B
233.66M$173.23M
278.62M$110.31M
0$168.99M
164.52M$178.33M
254.51M$854.29M
867.28M$4.12B
8.05B$0

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Frequently asked questions❓

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