Formula Systems (1985) Ltd.
FORTY
Price:
$78.71
Market Cap:
$1.21B
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 September 2024 (TTM) for Formula Systems (1985) Ltd. (FORTY) is 1.39B
According to Formula Systems (1985) Ltd.’s latest financial reports and current stock price. The company's current Enterprise Value is 1.39B. This represents a change of 2.82% 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 1.39B Enterprise Value has changed 13.69% 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.
Average
1.01B
Median
962.73M
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
| Year | Enterprise Value | Change |
|---|---|---|
| 2023 | 1.21B | -7.62% |
| 2022 | 1.31B | -38.17% |
| 2021 | 2.12B | 44.04% |
| 2020 | 1.47B | 15.96% |
| 2019 | 1.27B | 95.31% |
| 2018 | 650.76M | -8.70% |
| 2017 | 712.78M | 21.89% |
| 2016 | 584.79M | 44.92% |
| 2015 | 403.52M | 15.15% |
| 2014 | 350.44M | -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. (81.93M), greater than Nayax Ltd. (833.59M), greater than Information Services Group, Inc. (221.16M), greater than Alithya Group Inc. (234.72M), 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 (708.19M), less than null (9.18B),
| Company | Enterprise Value | Market cap |
|---|---|---|
| 81.93M | $109.84M | |
| 833.59M | $890.34M | |
| 221.16M | $154.50M | |
| 234.72M | $110.31M | |
| 0 | $168.99M | |
| 164.52M | $178.33M | |
| 254.51M | $697.54M | |
| 708.19M | $4.12B | |
| 9.18B | $0 |
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