Formula Systems 1985 Stock Today

FORTY Stock  USD 96.60  0.16  0.17%   

Performance

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Odds Of Distress

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Low
Formula Systems is trading at 96.60 as of the 26th of February 2025; that is 0.17% down since the beginning of the trading day. The stock's open price was 96.76. Formula Systems has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. The performance scores are derived for the period starting the 27th of January 2025 and ending today, the 26th of February 2025. Click here to learn more.
Business Domain
Software & Services
IPO Date
21st of October 1997
Category
Technology
Classification
Information Technology
Formula Systems 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. Formula Systems Ltd. The company has 15.33 M outstanding shares of which 2.86 K shares are currently shorted by private and institutional investors with about 3.91 days to cover all short positions. More on Formula Systems 1985

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Formula Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Chief Executive officerGuy Bernstein
Thematic IdeaIsrael Wall Street (View all Themes)
Business ConcentrationIT Consulting & Other Services, Information Technology Services, Information Technology, Tel Aviv 90, Tel Aviv 125, NASDAQ Composite, NASDAQ Composite Total, Israel Wall Street, Information Technology, IT Services, Information Technology Services, Technology (View all Sectors)
Debt Levels
Formula Systems can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Formula Systems' financial leverage. It provides some insight into what part of Formula Systems' total assets is financed by creditors.
Liquidity
Formula Systems 1985 has accumulated 669.99 M in total debt with debt to equity ratio (D/E) of 0.57, which is about average as compared to similar companies. Formula Systems 1985 has a current ratio of 1.29, suggesting that it is not liquid enough and may have problems paying out its financial obligations in time and when they become due. Note, when we think about Formula Systems' use of debt, we should always consider it together with its cash and equity.

Total Cash From Operating Activities

356.17 Million
Formula Systems 1985 (FORTY) is traded on NASDAQ Exchange in USA. It is located in Terminal Center, Or Yehuda, Israel, 6037501 and employs 21,900 people. Formula Systems is listed under IT Consulting & Other Services category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.27 B. Formula Systems 1985 classifies itself under IT Services sector and is part of Information Technology industry. The entity has 15.33 M outstanding shares of which 2.86 K shares are currently shorted by private and institutional investors with about 3.91 days to cover all short positions. Formula Systems 1985 has accumulated about 451.47 M in cash with 294.97 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 29.52.
Check Formula Systems Probability Of Bankruptcy
Ownership Allocation
Formula Systems holds a total of 15.33 Million outstanding shares. Roughly 87.33 percent of Formula Systems outstanding shares are held by general public with 12.67 % by other corporate entities. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Formula Ownership Details

Formula Stock Institutional Holders

InstituionRecorded OnShares
Principal Securities Inc2024-12-31
71.0
Sbi Securities Co Ltd2024-12-31
10.0
Advisor Group Holdings, Inc.2024-12-31
2.0
Wells Fargo & Co2024-12-31
0.0
Jane Street Group Llc2024-12-31
0.0
Fmr Inc2024-09-30
0.0
Ronald Blue Trust, Inc.2024-09-30
0.0
Clal Insurance Enterprises Holdings Ltd2024-12-31
824.7 K
Tfg Advisers Llc2024-12-31
7.3 K
Ghp Investment Advisors, Inc.2024-12-31
K
Altshuler Shaham Ltd2024-12-31
6.4 K
View Formula Systems Diagnostics

Formula Systems Historical Income Statement

At this time, Formula Systems' Total Operating Expenses is fairly stable compared to the past year. Income Before Tax is likely to rise to about 254.8 M in 2025, despite the fact that Total Other Income Expense Net is likely to grow to (24.2 M). View More Fundamentals

Formula Stock Against Markets

Formula Systems Corporate Management

Maya SolomonEllaChief OfficerProfile
Guy CPAChief OfficerProfile
Tammy KollChief OfficerProfile
Asaf CPAChief OfficerProfile
Asaf BerenstinChief OfficerProfile

Additional Tools for Formula Stock Analysis

When running Formula Systems' price analysis, check to measure Formula Systems' 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 Systems is operating at the current time. Most of Formula Systems' value examination focuses on studying past and present price action to predict the probability of Formula Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Formula Systems' price. Additionally, you may evaluate how the addition of Formula Systems to your portfolios can decrease your overall portfolio volatility.