Formula Systems (1985) Ltd. (FORTY)

$68.88

-0.07 (-0.10%)
Rating:
Recommendation:
Buy
Symbol FORTY
Price $68.88
Beta 0.463
Volume Avg. 0.00M
Market Cap 1.056B
Shares () -
52 Week Range 60.29-110.42
1y Target Est -
DCF Unlevered FORTY DCF ->
DCF Levered FORTY LDCF ->
ROE 14.38% Buy
ROA 2.84% Neutral
Operating Margin -
Debt / Equity 281.80% Strong Buy
P/E 13.30 Strong Buy
P/B 1.92 Strong Buy
Annual
Quarter

Earnings

Consensus EPS

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Latest FORTY news


Mr. Guy Bernstein
Technology
Information Technology Services
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.