Formula Systems 1985 Ltd

Formula Systems 1985 Ltd (FORTY) Financials

$124.000

-1.699 (-1.37%)At close

FORTY Profitability and Margins

Evaluating the bottom line, Formula Systems 1985 Ltd maintains a gross margin of 24.70%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at 10.15%, while the net margin is 7.38%. These profitability ratios, combined with a Return on Equity (ROE) of 12.12%, provide a clear picture of how effectively FORTY converts its operational activities into shareholder value.

FORTY Comparative Benchmarking

In the context of the broader market, FORTY competes directly with industry leaders such as ALIT and WK. With a market capitalization of N/A, it holds a significant position in the sector. When comparing efficiency, FORTY's gross margin of 24.70% stands against ALIT's 13.50% and WK's 80.41%. Such benchmarking helps identify whether Formula Systems 1985 Ltd is trading at a premium or discount relative to its financial performance.

Financials

FY2024Q3
YoY:
+6.89%
699.93M
Total Revenue
FY2024Q3
YoY:
+21.95%
71.03M
Operating Profit
FY2024Q3
YoY:
+30.56%
51.36M
Net Income after Tax
FY2024Q3
YoY:
+51.00%
1.51
EPS - Diluted
FY2024Q3
YoY:
+1.31%
24.70
Gross Profit Margin - %
FY2024Q3
YoY:
+21.58%
7.38
Net Margin - %
FY2023Q3
YoY:
-11.75%
4.28
ROIC

This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.

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