Formula Financials
| FORTY Stock | ILS 34,050 250.00 0.73% |
Formula |
Understanding current and past Formula Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Formula's financial statements are interrelated, with each one affecting the others. For example, an increase in Formula's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Formula's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Formula. Check Formula's Beneish M Score to see the likelihood of Formula's management manipulating its earnings.
Formula Stock Summary
Formula competes with Sapiens International, Magic Software, Nova, Nice, and Matrix. Formula Systems Ltd., through its subsidiaries, provides software, proprietary and non-proprietary software, and software product marketing and support services. Formula Systems Ltd. was founded in 1985 and is headquartered in Or Yehuda, Israel. FORMULA SYST is traded on Tel Aviv Stock Exchange in Israel.| Foreign Associate | USA |
| Instrument | Israel Stock View All |
| Exchange | Tel Aviv Stock Exchange |
| ISIN | IL0002560162 |
| Business Address | Yahadut Canada 1 |
| Sector | IT Services |
| Industry | Information Technology |
| Benchmark | Dow Jones Industrial |
| Website | www.formulasystems.com |
| Phone | 972 3 538 9389 |
| Currency | ILS - Israeli Shekel |
You should never invest in Formula without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Formula Stock, because this is throwing your money away. Analyzing the key information contained in Formula's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Formula Key Financial Ratios
Formula's financial ratios allow both analysts and investors to convert raw data from Formula's financial statements into concise, actionable information that can be used to evaluate the performance of Formula over time and compare it to other companies across industries.| Return On Equity | 0.17 | |||
| Return On Asset | 0.0557 | |||
| Beta | 0.49 | |||
| Z Score | 6.6 | |||
| Last Dividend Paid | 1.41 |
Formula Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Formula's current stock value. Our valuation model uses many indicators to compare Formula value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Formula competition to find correlations between indicators driving Formula's intrinsic value. More Info.Formula is rated # 2 in return on equity category among its peers. It also is rated # 2 in return on asset category among its peers reporting about 0.32 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Formula is roughly 3.14 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Formula's earnings, one of the primary drivers of an investment's value.Formula Systematic Risk
Formula's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Formula volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Formula correlated with the market. If Beta is less than 0 Formula generally moves in the opposite direction as compared to the market. If Formula Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Formula is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Formula is generally in the same direction as the market. If Beta > 1 Formula moves generally in the same direction as, but more than the movement of the benchmark.
Formula February 26, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Formula help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Formula. We use our internally-developed statistical techniques to arrive at the intrinsic value of Formula based on widely used predictive technical indicators. In general, we focus on analyzing Formula Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Formula's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.28 | |||
| Information Ratio | 0.0485 | |||
| Maximum Drawdown | 11.23 | |||
| Value At Risk | (2.50) | |||
| Potential Upside | 3.03 |
Additional Tools for Formula Stock Analysis
When running Formula's price analysis, check to measure Formula's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Formula is operating at the current time. Most of Formula's value examination focuses on studying past and present price action to predict the probability of Formula's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Formula's price. Additionally, you may evaluate how the addition of Formula to your portfolios can decrease your overall portfolio volatility.