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 ROE as of November 2024 (TTM) for Formula Systems (1985) Ltd. (FORTY) is 11.76%

According to Formula Systems (1985) Ltd.’s latest financial reports and current stock price. The company's current ROE is 11.76%. This represents a change of 301.10% compared to the average of 2.93% of the last 4 quarters.

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

How has FORTY ROE performed in the past?

The mean historical ROE of Formula Systems (1985) Ltd. over the last ten years is 16.03%. The current 11.76% ROE has changed -26.59% with respect to the historical average. Over the past ten years (40 quarters), FORTY's ROE was at its highest in in the June 2022 quarter at 13.76%. The ROE was at its lowest in in the June 2017 quarter at 0.02%.

Quarterly (TTM)
Annual

Average

16.03%

Median

14.92%

Minimum

3.11%

Maximum

36.51%

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

Discovering the peaks and valleys of Formula Systems (1985) Ltd. ROE, 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 = 181.55%

Maximum Annual ROE = 36.51%

Minimum Annual Increase = -75.13%

Minimum Annual ROE = 3.11%

Quarterly (TTM)
Annual
YearROEChange
202310.23%-71.98%
202236.51%39.67%
202126.14%16.82%
202022.38%1.84%
201921.97%150.62%
20188.77%181.55%
20173.11%-53.33%
20166.67%36.88%
20154.87%-75.13%
201419.60%-17.73%

Formula Systems (1985) Ltd. (FORTY) Average ROE

How has FORTY ROE performed in the past?

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

3-year avg

24.29%

5-year avg

23.44%

10-year avg

16.03%

Formula Systems (1985) Ltd. (FORTY) ROE vs. Peers

How is FORTY’s ROE compared to its peers?

Formula Systems (1985) Ltd.’s ROE is less than CSP Inc. (5.79%), greater than Nayax Ltd. (-7.45%), greater than Information Services Group, Inc. (-3.15%), greater than Alithya Group Inc. (-10.76%), less than Computer Task Group, Incorporated (0%), greater than Startek, Inc. (-0.94%), greater than The Hackett Group, Inc. (-9.68%), less than Clarivate Plc (34.20%), greater than null (-22.42%),

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