Formula (Israel) Performance
| FORTY Stock | ILS 34,950 440.00 1.27% |
On a scale of 0 to 100, Formula holds a performance score of 17. The firm shows a Beta (market volatility) of 0.26, which means not very significant fluctuations relative to the market. As returns on the market increase, Formula's returns are expected to increase less than the market. However, during the bear market, the loss of holding Formula is expected to be smaller as well. Please check Formula's expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to make a quick decision on whether Formula's price patterns will revert.
Risk-Adjusted Performance
17 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Formula are ranked lower than 17 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively weak basic indicators, Formula unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 501.6 M | |
| Total Cashflows From Investing Activities | -110.2 M |
Formula |
Formula Relative Risk vs. Return Landscape
If you would invest 2,867,000 in Formula on September 12, 2024 and sell it today you would earn a total of 628,000 from holding Formula or generate 21.9% return on investment over 90 days. Formula is generating 0.4616% of daily returns and assumes 2.0222% volatility on return distribution over the 90 days horizon. Simply put, 18% of stocks are less volatile than Formula, and 91% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Formula Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Formula's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Formula, and traders can use it to determine the average amount a Formula's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2283
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| Small Returns | FORTY | |||
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Estimated Market Risk
| 2.02 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.46 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 17 83% of assets perform better |
Based on monthly moving average Formula is performing at about 17% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Formula by adding it to a well-diversified portfolio.
Formula Fundamentals Growth
Formula Stock prices reflect investors' perceptions of the future prospects and financial health of Formula, and Formula fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Formula Stock performance.
| Return On Equity | 0.17 | |||
| Return On Asset | 0.0557 | |||
| Profit Margin | 0.03 % | |||
| Operating Margin | 0.09 % | |||
| Current Valuation | 4.92 B | |||
| Shares Outstanding | 15.32 M | |||
| Price To Book | 2.14 X | |||
| Price To Sales | 1.54 X | |||
| Revenue | 2.41 B | |||
| EBITDA | 208.01 M | |||
| Cash And Equivalents | 389.86 M | |||
| Cash Per Share | 25.51 X | |||
| Total Debt | 364.28 M | |||
| Debt To Equity | 70.50 % | |||
| Book Value Per Share | 35.86 X | |||
| Cash Flow From Operations | 208.48 M | |||
| Earnings Per Share | 18.20 X | |||
| Total Asset | 2.75 B | |||
| Current Asset | 559 M | |||
| Current Liabilities | 310 M | |||
About Formula Performance
Assessing Formula's fundamental ratios provides investors with valuable insights into Formula's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Formula is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
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.Things to note about Formula performance evaluation
Checking the ongoing alerts about Formula for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Formula help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Formula has accumulated S364.28 Million in debt which can lead to volatile earnings | |
| About 38.0% of the company shares are held by company insiders |
- Analyzing Formula's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Formula's stock is overvalued or undervalued compared to its peers.
- Examining Formula's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Formula's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Formula's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Formula's stock. These opinions can provide insight into Formula's potential for growth and whether the stock is currently undervalued or overvalued.
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.