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Company Analysis

Formula Systems (1985) Ltd. FORTY

A comprehensive view of key metrics, scores, and financial health for Formula Systems (1985) Ltd.

Overview of Formula Systems (1985) Ltd.

FORTY NMS
Technology Information Technology Services Framework: Software & SaaS Small Cap
Formula Systems (1985) Ltd. (FORTY), is a Small Cap company, in the Information Technology Services industry, last closed at $106.23, about 567.7% undervalued vs fair value, -16.4% 1Y return, ranked 277/780 in sector.
Metrics P/E 4.3× Rev Growth 18.4% ROE 59.7% Gross Margin 19.8% Div Yield 1.07%
USD 106.23
-3.21%
(Delayed)
• Vol 90d: 52.2%
52-Week Range
Market Cap
$1.68B
Enterprise Value
$1.18B
Overall Score
View breakdown
Overall
Growth
Good
Profitability
Good
Health
Fair
Efficiency
Fair
Valuation
Fair
Growth
Good
Profitability
Good
Health
Fair
Efficiency
Fair
Valuation
Fair
Completeness: 82%
Confidence: 87%
Updated: Jul 5
Top Beats

Quick Facts

Website https://www.formulasystems.com
HQ Or Yehuda
Employees 22,720
Fiscal year Dec 31

Next Events

Earnings Aug 20 Estimated

Fair Value Snapshot

Bear Base Bull
$646
$709
$782
Current: $106.23 +568% vs base

Engine Room Money Flow™

Small Cap

Software & SaaS - Where revenue goes and how value is created

Flow Steps
Total Revenue
$2.6B
18.4%%
Gross Profit
$519.2M
16.5%%
Operating Income (GAAP)
$196.4M
7.1%%
Operating Cash Flow
$382.0M
17.7%%
Money Flow Bridge
Flow Direction: Money moves from left to right
Components: Breakdown shows composition of each stage
Industry-Specific: Software & SaaS

Quality & Reliability Indicators

Gross Margin
19.8%
Poor

Gross Profit / Revenue — pricing power and product moat (SaaS benchmark: >70%)

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Where It Leaks

Cash Flow Health healthy
Strong cash conversion with minimal leakage across profit-to-cash-to-value chain.
0
Active Leaks
0/0
Improving
0
High Impact
0
Critical
Moat Analysis Software & SaaS Specialized

Competitive Advantage Assessment

Evaluating Formula Systems (1985) Ltd.'s durable competitive advantages across 6 defense dimensions

Overall Moat Strength
61
/100
Moderate
Scores based on quantitative metrics and qualitative factors

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Pricing Power

Moderate
64
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For informational purposes only. Not investment advice.

Trade-Off Ledger™

Where management spends the performance budget - Growth, Profitability, or Safety

Software SaaS vs Industry Peers 97% Coverage
Trade-Off Triangle Visualization A ternary plot showing FORTY's balance between Growth (33.0%), Profitability (31.3%), and Safety (35.7%). Growth 33% Safety 36% Profitability 31%

Click axes to expand details. Marker shows current allocation.

3-Year Trend Analysis Locked
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Growth

57th percentile vs peers
57
Key Signals
Rev Growth YoY 18.4% 70p TSR 89.7% 90p EPS Growth YoY 6.54 96p Revenue CAGR 3Y 0.7% 28p Def Rev Growth -6.7% 25p
Strengths
  • Superior capital returns - 2 return metrics above peer median
  • TSR in top 20% of peers (89.7%, 90th percentile)
  • EPS Growth YoY in top 20% of peers (6.54, 96th percentile)
Risks

No significant risks identified for this axis.

Profitability

54th percentile vs peers
54
Key Signals
Strengths
Risks
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Safety

61th percentile vs peers
62
Key Signals
Strengths
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Two Futures

Scenario-based fair value ranges for Formula Systems (1985) Ltd..

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Unable to Compute Fair Value

This company cannot be valued using standard models.

What this means: The Scenario Theatre requires financial data (revenue, cash flow, shares outstanding) to calculate fair value estimates. This data may be unavailable for:

  • Recently listed companies (IPOs, SPACs)
  • Shell companies or holding companies
  • Companies that haven't filed recent financials
  • Foreign companies with limited data coverage
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Bear
-
- - -
- upside
-
Base
$709.29
- - -
+567.7% vs current
Snapshot base estimate
Bull
-
- - -
- upside
-
Fair Value Range Current: $-
$- $- $-
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