FORTY.TA
Price:
$54160
Market Cap:
$2.57B
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 ...[Read more]
Industry
Information Technology Services
IPO Date
2002-08-12
Stock Exchange
TLV
Ticker
FORTY.TA
According to Formula Systems (1985) Ltd.’s latest financial reports and current stock price. The company's current ROE is 11.38%. This represents a change of 297.56% compared to the average of 2.86% of the last 4 quarters.
The mean historical ROE of Formula Systems (1985) Ltd. over the last ten years is 15.24%. The current 11.38% ROE has changed -25.32% with respect to the historical average. Over the past ten years (40 quarters), FORTY.TA's ROE was at its highest in in the June 2022 quarter at 13.76%. The ROE was at its lowest in in the June 2017 quarter at 0.02%.
Average
15.24%
Median
10.98%
Minimum
3.11%
Maximum
36.51%
Discovering the peaks and valleys of Formula Systems (1985) Ltd. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 181.55%
Maximum Annual ROE = 36.51%
Minimum Annual Increase = -75.13%
Minimum Annual ROE = 3.11%
| Year | ROE | Change |
|---|---|---|
| 2024 | 11.73% | 14.64% |
| 2023 | 10.23% | -71.98% |
| 2022 | 36.51% | 39.67% |
| 2021 | 26.14% | 16.82% |
| 2020 | 22.38% | 1.84% |
| 2019 | 21.97% | 150.62% |
| 2018 | 8.77% | 181.55% |
| 2017 | 3.11% | -53.33% |
| 2016 | 6.67% | 36.88% |
| 2015 | 4.87% | -75.13% |
The current ROE of Formula Systems (1985) Ltd. (FORTY.TA) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
19.49%
5-year avg
21.40%
10-year avg
15.24%
Formula Systems (1985) Ltd.’s ROE is less than Sapiens International Corporation N.V. (14.32%), less than Hilan Ltd. (22.39%), less than Matrix IT Ltd. (25.92%), less than One Software Technologies Ltd (33.65%), less than Magic Software Enterprises Ltd. (14.54%), less than Malam - Team Ltd (13.77%), less than Nayax Ltd. (12.74%), less than Computer Direct Group Ltd. (33.65%), less than E & M Computing Ltd. (15.99%), less than Priortech Ltd (12.29%),
| Company | ROE | Market cap |
|---|---|---|
| 14.32% | $7.85B | |
| 22.39% | $6.23B | |
| 25.92% | $9.21B | |
| 33.65% | $6.27B | |
| 14.54% | $4.00B | |
| 13.77% | $2.80B | |
| 12.74% | $5.58B | |
| 33.65% | $1.61B | |
| 15.99% | $392.85M | |
| 12.29% | $2.59B |
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