P
Phoenix Investments & Finances Ltd
+ HoldingFORTY
+0.28%
3M Return
$119.210
-2.730 (-2.29%)At close
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- High
- 127.150
- Open
- 123.990
- VWAP
- 121.86
- Volume
- 852.00
- Mkt Cap
- —
- Low
- 119.210
- Amount
- 103.82K
- EV/EBITDA, TTM
- 0.00
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.
Valuation Metrics
The current forward P/E ratio for Formula Systems 1985 Ltd (FORTY) is 9.23, compared to its 5-year average forward P/E of 9.23.
Whales holding FORTY
Events Timeline
News
9.505-28seekingalphaFormula Systems Reports Record Q1 Revenue Growth
- 8.005-14seekingalpha
Formula Systems Declares Special Dividend of $13.045 per Share
- 9.503-26seekingalpha
Formula Systems Reports Strong Q4 Earnings
9.503-26NewsfilterFormula Systems Reports Strong 2025 Financial Results with Record Revenues
2.002-04NASDAQ.COMAnalysis of FORTY Stock's 52-Week Highs and Lows
FORTY FAQ — answered by Alphio AI
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. It operates in the Technology sector (COMPUTER PROGRAMMING SERVICES industry).
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