Guy Bernstein - Formula Chief Executive Officer

FORTY Stock  ILS 34,200  530.00  1.53%   

CEO

Mr. Guy Bernstein serves as Chief Executive Officer at Formula Systems Ltd since January 2008. His work experience includes the following roles Director at the Company, Director at Emblaze Ltd, Chief Executive Officer at Emblaze, Chief Financial Officer at Emblaze, Chairman of the Board of Directors at Matrix, Chairman of the Board of Directors at Sapiens, Chief Executive Officer and Director at Magic Software, Chief Financial and Operations Officer at Magic Software and Senior Manager at Kost Forer Gabbay Kasierer since 2008.
Age 55
Tenure 17 years
Phone972 3 538 9389
Webhttps://www.formulasystems.com
Bernstein holds Bachelor of Arts degree in Accounting and Economics from Tel Aviv University. He is a Certified Public Accountant.

Formula Management Efficiency

The company has return on total asset (ROA) of 0.0557 % which means that it generated a profit of $0.0557 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1748 %, meaning that it generated $0.1748 on every $100 dollars invested by stockholders. Formula's management efficiency ratios could be used to measure how well Formula manages its routine affairs as well as how well it operates its assets and liabilities.
Formula has accumulated 364.28 M in total debt with debt to equity ratio (D/E) of 70.5, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Formula has a current ratio of 1.41, which is within standard range for the sector. Debt can assist Formula until it has trouble settling it off, either with new capital or with free cash flow. So, Formula's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Formula sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Formula to invest in growth at high rates of return. When we think about Formula's use of debt, we should always consider it together with cash and equity.

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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. Formula (FORTY) is traded on Tel Aviv Stock Exchange in Israel and employs 20,333 people.

Management Performance

Formula Management Team

Elected by the shareholders, the Formula's board of directors comprises two types of representatives: Formula inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Formula. The board's role is to monitor Formula's management team and ensure that shareholders' interests are well served. Formula's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Formula's outside directors are responsible for providing unbiased perspectives on the board's policies.
Maya SolomonElla, Chief Officer
Guy Bernstein, Chief Executive Officer
Asaf Berenstin, Chief Financial Officer

Formula Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Formula a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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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.