Formula Systems (1985) Ltd ADR FORTY

Morningstar Rating
$119.11 −0.87 (0.73%)
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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 138% premium.
Price
$119.11
Fair Value
$565.38
Uncertainty
Whf
1-Star Price
$853.22
5-Star Price
$997.76
Economic Moat
Vxy
Capital Allocation

Trading Information

Previous Close Price
$119.98
Day Range
$119.11119.11
52-Week Range
$0.00190.56
Bid/Ask
$113.00 / $145.50
Shares Outstanding
15.33M
Market Cap
$1.83B
Volume/Avg
174 / 488

Key Statistics

Price/Earnings (Normalized)
27.98
Price/Sales
0.64
Dividend Yield (Trailing)
1.28%
Dividend Yield (Forward)
1.28%
Total Yield
1.28%

Company Profile

Formula Systems (1985) Ltd is an information technology company that is principally engaged through its directly and indirectly held investees in providing software consulting services, selling and marketing computer-based business solutions and hardware products from a wide range of domestic and international manufacturers, as well as developing proprietary software solutions. It delivers solutions in Israel and in numerous countries to customers with complex IT services needs. It designs and implements IT solutions and software systems that improve the productivity of customers' existing IT assets, enable them to effectively manage their operations and reduce their business risks in the face of changing business environments.
Sector
Technology
Industry
Information Technology Services
Stock Style Box
Small Growth
Total Number of Employees
19,337

Valuation

Metric
FORTY
Price/Earnings (Normalized)
27.98
Price/Book Value
1.30
Price/Sales
0.64
Price/Cash Flow
6.70
Price/Earnings
FORTY

Financial Strength

Metric
FORTY
Quick Ratio
1.66
Current Ratio
1.68
Interest Coverage
5.26
Quick Ratio
FORTY

Profitability

Metric
FORTY
Return on Assets (Normalized)
4.58%
Return on Equity (Normalized)
15.64%
Return on Invested Capital (Normalized)
8.42%
Return on Assets
FORTY

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