Skip to Content

Formula Systems (1985) Ltd ADR FORTY

Morningstar Rating
$71.50 −5.26 (6.85%)
View Full Chart
Unlock our analysis with Morningstar Investor

About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

FORTY is trading at a 781% premium.
Price
$79.02
Fair Value
$85.83
Uncertainty
High
1-Star Price
$461.77
5-Star Price
$31.33
Economic Moat
Wbztgym
Capital Allocation
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if FORTY is a good fit for your portfolio.

News

Trading Information

Previous Close Price
$76.76
Day Range
$71.5071.50
52-Week Range
$54.0186.39
Bid/Ask
$0.00 / $0.00
Market Cap
$1.10 Bil
Volume/Avg
58 / 333

Key Statistics

Price/Earnings (Normalized)
14.97
Price/Sales
0.46
Dividend Yield (Trailing)
1.58%
Dividend Yield (Forward)
1.58%
Total Yield
1.58%

Company Profile

Formula Systems (1985) Ltd is a holding company that, through its subsidiaries, provides information technology services. The company organizes itself into operating segments: The Matrix segment, which generates the majority of revenue, provides software development and existing software expansion services. The Sapiens segment provides software development services for the insurance industry. The Magic Software segment provides vendor management systems and workforce management services, which include accounting and finance, human resources; Michpal; ZAP Group and Others. The majority of the company's revenue comes from Israel.
Sector
Technology
Industry
Information Technology Services
Stock Style Box
Small Core
Total Number of Employees
21,900

Comparables

Valuation

Metric
FORTY
MGIC
ONE
Price/Earnings (Normalized)
14.9710.4518.58
Price/Book Value
1.911.835.18
Price/Sales
0.460.990.93
Price/Cash Flow
4.149.7111.88
Price/Earnings
FORTY
MGIC
ONE

Financial Strength

Metric
FORTY
MGIC
ONE
Quick Ratio
1.301.691.04
Current Ratio
1.331.691.10
Interest Coverage
8.115.3813.95
Quick Ratio
FORTY
MGIC
ONE

Profitability

Metric
FORTY
MGIC
ONE
Return on Assets (Normalized)
6.09%8.96%9.64%
Return on Equity (Normalized)
28.13%17.93%31.28%
Return on Invested Capital (Normalized)
9.19%13.14%19.73%
Return on Assets
FORTY
MGIC
ONE
See how this stock stacks up to its competitors with Morningstar Investor

Information Technology Services Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
Accenture PLC Class A
ACN
CxddwvlhgRfnqd$194.6 Bil
International Business Machines Corp
IBM
DdcyNcynw$167.9 Bil
Fiserv Inc
FI
GsmqsfqlFplybl$89.6 Bil
Infosys Ltd ADR
INFY
KczdgpgMhnhhk$84.9 Bil
Fidelity National Information Services Inc
FIS
HxfpvzgsXfwmjf$42.5 Bil
Cognizant Technology Solutions Corp Class A
CTSH
JdfpzkglHcvvb$35.6 Bil
Wipro Ltd ADR
WIT
CfxmznczjNjjhx$35.0 Bil
Broadridge Financial Solutions Inc
BR
LllgcbtfJtncs$24.3 Bil
CGI Inc Class A
GIB
PlxjgvxmhKgczs$24.2 Bil
Jack Henry & Associates Inc
JKHY
NrdtbtsybRyfd$12.1 Bil

Sponsor Center