Stocktoria
FORMULA SYSTEMS (1985) LTD FORTY
FORMULA SYSTEMS (1985) LTD (FORTY) earns a Piotroski F-score of 6/9 (mixed financial health), with an Altman Z″ in the safe zone. It does not currently pay a dividend. FY2015 revenue was $750.6M at a 9.8% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Beneish M-score: -2.66 — low (below −2.22 — no manipulation red flag) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.
How it ranks in Services · percentile among 982 companies
Percentile vs other Services companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 6/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · safe zone
| Component | Value |
|---|---|
| Working capital / assets | 0.137 |
| Retained earnings / assets | 0.299 |
| EBIT / assets | 0.044 |
| Equity / liabilities | 1.076 |
Sector peers · similar-size Services companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| FORTY | FORMULA SYSTEMS (1985) LTD | 6/9 | 3.29 | 61.6 | +17.9% |
| DOCS | Doximity, Inc. | 5/9 | 11.52 | 19.5 | +13.1% |
| PERI | Perion Network Ltd. | 3/9 | 5.93 | — | -11.7% |
| MLGO | MicroAlgo Inc. | 5/9 | — | — | -22.1% |
| RDNW | RideNow Group, Inc. | 6/9 | -3.1 | — | -10.5% |
| TBRG | TruBridge, Inc. | 6/9 | 1.84 | 90.3 | +1.4% |
| LZMH | LZ Technology Holdings Ltd | 2/9 | -4.93 | — | +43.2% |
About FORMULA SYSTEMS (1985) LTD
Formula Systems (1985) Ltd., through its subsidiaries, operates as an information technology company in Israel and internationally. The company offers software consulting services; IT solutions and software systems; proprietary software solutions; and IT professional services, including implementation and integration projects of computing and software, outsourcing, software project management and development, IT managed services, operation of a network of training and instruction centers, sale of software and hardware products, and software testing and QA. It also provides cloud and computing infrastructure; packaged software solutions, such as Clicks for medical record information management systems, Hermes Cargo for managing air cargo ground handling, HR Pulse for the creation of HCM solutions, MBS solution for managing TV broadcast channels, Nativ for managing rehabilitation centers, and Mobisale for consumer goods sale and distribution; and product-related services comprising maintenance, customer support, and training. In addition, the company offers software solutions and services for payroll processing, pension administration, workforce management, and human resources, as well as financial processes, accounting workflows, and business operations; employees to vendor management systems workforce management program accounts; and digital advertising and e-commerce platforms, as well as digital services, which include search engine marketing and optimization, website design, management of social media, online business cards, and big data. Further, it is involved in aerial and satellite mapping, geographic data collection and processing, and geographic applications; installation of computer communication infrastructures, announcement and alarm systems, and electronic security systems; and planning and deployment of fiber optics, structured cabling, and coaxial and telephony systems. The company was incorporated in 1985 and is headquartered in Or Yehuda, Israel.
FAQ
Is FORTY financially healthy?
FORMULA SYSTEMS (1985) LTD's Piotroski F-score is 6/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the safe zone.
Does FORTY pay a dividend?
No, FORMULA SYSTEMS (1985) LTD does not currently pay a dividend.
How profitable is FORTY?
In FY2015, FORMULA SYSTEMS (1985) LTD had a net margin of 9.8% and a return on equity of 13.6%.
Is FORTY overvalued or undervalued?
FORMULA SYSTEMS (1985) LTD trades at about 21.0× trailing earnings — above its 10-year norm (10-year range 3.7×–10.1×, median 5.0×). Stocktoria reports the data, not buy/sell advice.
Is FORTY a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on FORMULA SYSTEMS (1985) LTD: a Piotroski F-score of 6/9, an Altman Z″ in the safe zone, a P/E of about 61.6×. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2015-12-31. Facts plus Stocktoria's own computed scores — not investment advice.