Formula Systems (1985) Ltd.
FORTY
Price:
$86.56
Market Cap:
$1.33B
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
PE Ratio
[20.04]
ROE
[10.84%]
Current Ratio
[1.40]
Dividend Yield
[1.46%]
Enterprise Value
[1.51B]
Dividend History
The ROE as of November 2024 (TTM) for Formula Systems (1985) Ltd. (FORTY) is 10.84%
According to Formula Systems (1985) Ltd.’s latest financial reports and current stock price. The company's current ROE is 10.84%. This represents a change of 300.32% compared to the average of 2.71% 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 10.84% ROE has changed -32.38% 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%.
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%
| Year | ROE | Change |
|---|---|---|
| 2023 | 10.23% | -71.99% |
| 2022 | 36.51% | 39.67% |
| 2021 | 26.14% | 16.82% |
| 2020 | 22.38% | 1.84% |
| 2019 | 21.97% | 150.62% |
| 2018 | 8.77% | 181.55% |
| 2017 | 3.11% | -53.33% |
| 2016 | 6.67% | 36.88% |
| 2015 | 4.87% | -75.13% |
| 2014 | 19.60% | -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. (-11.31%), greater than Information Services Group, Inc. (-1.02%), greater than Alithya Group Inc. (-21.77%), less than Computer Task Group, Incorporated (0%), less than Startek, Inc. (0.51%), greater than The Hackett Group, Inc. (-10.89%), less than Clarivate Plc (37.91%), greater than null (-20.04%),
| Company | ROE | Market cap |
|---|---|---|
| 5.79% | $124.78M | |
| -11.31% | $1.03B | |
| -1.02% | $151.57M | |
| -21.77% | $110.31M | |
| 0% | $168.99M | |
| 0.51% | $178.33M | |
| -10.89% | $677.36M | |
| 37.91% | $4.12B | |
| -20.04% | $0 |
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