MetaCap

Formula Systems (1985) (FORTY) vs Keel Infrastructure (KEEL)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 10, 2026.

Summary

Formula Systems (1985) (FORTY) has outperformed Keel Infrastructure (KEEL) over the past year, losing 21.2% versus a loss of 26.9%. Over five years, FORTY leads with a +10.1% price change compared with -43.3% for KEEL. Keel Infrastructure is the larger company by market cap ($1.88 billion vs $1.81 billion), about 1.0 times the size.

Formula Systems (1985) pays a dividend yielding 2.26%, while Keel Infrastructure does not currently pay one. Formula Systems (1985) converts more of its revenue into profit, with a net margin of 2.9% versus -124.1%.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

FORTY-21.23%KEEL-16.79%
+66%+0%-65%
Oct 9, 20251 yearOct 6, 2026
FORTY+19.54%KEEL-40.55%
+102%+0%-101%
Oct 4, 20215 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

FORTY versus KEEL key metrics
MetricFORTYKEEL
Share price$118.15$3.05
Market cap$1.81B$1.88B
1-day change0.00%-3.17%
YTD return-29.26%+29.79%
1-year return-21.23%-26.86%
5-year return+10.11%-43.31%
P/E ratio (TTM)25.03—
EPS (TTM)$4.72$-0.63
Dividend yield2.26%0.00%
Annual dividend$2.67$0.00
Revenue (latest FY)$2.76B$229.28M
Revenue growth (YoY)+5.21%+72.03%
Net income (latest FY)$79.67M$-284.54M
Gross margin24.83%-8.25%
Operating margin—-65.25%
Net margin2.89%-124.11%
52-week high$190.56$7.37
52-week low$102.01$1.68
Distance from 52-week high-38.00%-58.62%
Analyst consensus—strong_buy
Avg. price target upside—+114.75%
Average volume60032.92M
Shares outstanding15.33M617.57M
Employees19,337—
SectorTechnologyFinance
IndustryEDP ServicesFinance: Consumer Services

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • Formula Systems (1985) offers a meaningfully higher dividend yield (2.26% vs 0.00%).
  • Formula Systems (1985) is more profitable, keeping 2.9 cents of every revenue dollar as net income versus -124.1 cents for Keel Infrastructure.
  • Keel Infrastructure grew revenue faster in its latest fiscal year (+72.03% vs +5.21%).
  • The two companies sit in different sectors: Formula Systems (1985) in Technology and Keel Infrastructure in Finance.

About Formula Systems (1985)

FORTY stock →

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.

Technology · EDP Services · 19,337 employees

About Keel Infrastructure

KEEL stock →

Keel Infrastructure Corp. operates digital and energy infrastructure with focus on high-performance computing (HPC) and artificial intelligence (AI) workloads in North America, Canada, and the United States.

Finance · Finance: Consumer Services

FORTY vs KEEL FAQ

Which is bigger, Formula Systems (1985) or Keel Infrastructure?

Keel Infrastructure (KEEL) is larger, with a market capitalization of $1.88B compared with $1.81B for Formula Systems (1985) (FORTY).

Which stock has performed better over the past year, FORTY or KEEL?

FORTY returned -21.23% over the past 12 months, compared with -26.86% for KEEL (price return, excluding dividends). Past performance does not predict future results.

Which pays a higher dividend, Formula Systems (1985) or Keel Infrastructure?

Formula Systems (1985) pays a dividend yielding 2.26%, while Keel Infrastructure does not currently pay a regular dividend.

Are Formula Systems (1985) and Keel Infrastructure in the same industry?

No. Formula Systems (1985) is in the Technology sector, while Keel Infrastructure is in Finance.

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