Technology
Formula Systems (1985) Ltd.(FORTY)
Live Price
Offline$112.90
-5.21% today
1Y Change
-5.75%
Window
Jun 26, 2025 โ Jun 24, 2026
- Market Cap
- $2.29B
- Revenue Growth
- -4.0%
- EPS Growth
- +666.4%
- Dividend Yield
- 1.1%
Coverage: 249 bars ยท Jun 26, 2025 โ Jun 24, 2026
Research Briefing
A compact read on the setup, peer context, quarterly changes, and recent earnings reaction.
Research Snapshot
Formula Systems (1985) Ltd. (FORTY) is a Technology stock with a market cap of $2.29B and listed on NASDAQ. The stock last traded around $112.90 and down 5.8% across the available one-year price window (Jun 26, 2025 โ Jun 24, 2026). Baseline metrics include revenue growth of -4.0%, EPS growth of +666.4%, a dividend yield of 1.1%. What stands out right now is revenue -4.0%, EPS +666.4%, free cash flow 0.0% with operating margin 7.7% and ROIC 6.5%. The dividend is present but secondary, with a yield around 1.1%. Valuation is more restrained than many high-expectation growth names at P/E 3.7 and price/sales 0.8. Overall, the current profile looks closer to a turnaround or cyclical reset than a generic broad-market placeholder. Stock Foundry combines FORTY price history, valuation, growth, dividend context, earnings, analyst forecasts, news, related Technology peers on this page.
Sector Context
How this name stacks up against nearby peers on first-pass metrics.
Revenue Growth
Below sector median
-4.0% vs +11.9% peer median
Operating Margin
Below sector median
+7.7% vs +22.0% peer median
P/E
Below sector median
3.7 vs 18.5 peer median
What Changed This Quarter
Latest report context and the signals most likely to have changed the story.
Latest report is on the board
2026 was reported on May 20, 2026, but the surprise data is still limited.
The operating picture looks softer than before
Revenue is at -4.0% and EPS is at +666.4%, with operating margin around 7.7%.
Shareholder return is still part of the story
The stock is still offering a dividend yield around 1.1%, which matters if the thesis depends on income as much as growth.
Earnings Reaction Memory
How the stock has tended to move after recent reports.
Across the last 3 reported quarters, the stock averaged -5.1% over the next 5 trading days and finished higher after 0 of those reports.
View quarter-by-quarter reaction table
| Quarter | EPS ฮ | 1D | 5D | 20D |
|---|---|---|---|---|
2026 May 20, 2026 | โ | +0.0% | -8.3% | -21.9% |
2026 Mar 26, 2026 | โ | +0.0% | -0.1% | +12.8% |
2025 Nov 20, 2025 | โ | -7.0% | -7.0% | +10.6% |
Benchmark Edge
FORTY vs SPY, QQQ, and Sector ETFs
Normalized return, excess return, max drawdown, and calendar-year wins against the benchmarks investors actually use.
FORTY
โ
Normalized return
SPY
--
S&P 500
Excess Return
--
Relative to SPY
FORTY Max Drawdown
-44.11%
Trailing 1Y
SPY Max Drawdown
โ
Trailing 1Y
Calendar-Year Returns
Uses the longest available daily history for FORTY and SPY.
Company Overview
Formula Systems (1985) Ltd.
NASDAQ Global Select
Formula Systems (1985) 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. The company offers computer and telecommunication infrastructure solutions; computer solutions to computer and communications infrastructures; cloud computing solutions; and database and big data services. It also provides customer relations management, computer systems management infrastructures, web world content management, database and data warehouse mining, application integration, database and system, data management, and software development tools; and professional training courses and advanced professional studies. In addition, it markets and sells computers and peripheral equipment to business customers; offers property and casualty insurance platforms, such as Sapiens, Sapiens CoreSuite, Sapiens IDITSuite, Sapiens PolicyPro, Sapiens BillingPro, Sapiens ClaimsPro, e-Tica, and Tia Enterprise; life, pension, and annuities platforms, including Sapiens CoreSuite, Sapiens UnderwritingPro, Sapiens ApplicationPro, Sapiens IllustrationPro, and Sapiens ConsolidationMaster; reinsurance software solutions comprising Sapiens ReinsuranceMaster, Sapiens ReinsurancePro, and Sapiens Reinsurance GO; and Sapiens platform for workers' compensation solutions. Further, the company provides financial and compliance solutions that include Sapiens FinancialPro, Sapiens Financial GO, and Sapiens StatementPro; Sapiens DECISION, a decision management platform; and technology-based solutions. Additionally, it offers application development and business process integration platforms; vertical software solutions; strategic consulting and outsourcing services; and professional services in various areas, as well as develops on-premise payroll software. Formula Systems (1985) Ltd. was incorporated in 1985 and is headquartered in Or Yehuda, Israel.
- Leadership
- Guy Bernstein
- IPO Date
- Oct 20, 1997
- Employees
- 21.9k
- Street Address
- Yahadut Canada 1 Street
- Mailing
- Or Yehuda, 6037501
- Region
- Or Yehuda, IL
- Reporting Currency
- USD
- Investor Line
- 972 3 538 9389
- Last Updated
- Apr 29, 2026
Key Fundamentals
Valuation, growth, profitability, and balance sheet signals.
Valuation
- P/E
- 3.7
- EV/EBITDA
- 6.7
- Price/Sales
- 0.8
- Price/Book
- 1.7
Growth
- Revenue
- -4.0%
- EPS
- +666.4%
- Free Cash Flow
- 0.0%
Profitability
- Gross Margin
- 22.1%
- Operating Margin
- 7.7%
- Net Margin
- 21.2%
- ROE
- 69.7%
- ROIC
- 6.5%
Balance Sheet
- Debt/Equity
- 0.43
- Current Ratio
- 1.63
Earnings Reports
Latest News
Official Releases
Company announcements and filings-style updates.
Next Step
Keep the research moving
After the overview, the strongest next step is usually chart context or a tighter compare set.