Formula Systems (1985) Financial Ratios
NASDAQ: FORTYTechnologyEDP ServicesUSD
At close: Oct 5, 4:00 PM ET · Delayed 15 min
Formula Systems (1985) ratio analysis
Formula Systems (1985) earned a net margin of 2.9% in FY 2024, up from 2.4% a year earlier. Gross margin was 24.8% compared with a median of 23.1% over the prior 9 years. Return on equity reached 11.7%, meaning Formula Systems (1985) generated 0.12 dollars of profit for every dollar of shareholders' equity.
Debt-to-equity stood at 0.46 versus 0.51 the year before, and the current ratio was 1.31. At the end of FY 2024, FORTY traded at 16.3 times earnings; across the 10 fiscal years shown, its year-end P/E ranged from 5.3 to 59.6, with a median of 22.0. Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.
Summary generated from market data by MetaCap's automated system. Methodology
Formula Systems (1985) financial ratios (annual)
| Ratio | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2015 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| P/E ratio (at fiscal year end) | 16.31 | 15.85 | 13.61 | 35.42 | 28.41 | 28.00 | 17.38 | 59.63 | 26.64 | 5.26 |
| Price / sales | 0.00 | 0.00 | 0.00 | — | — | — | — | — | — | 0.00 |
| Price / book | 0.00 | 0.00 | 0.00 | — | — | — | — | — | — | 0.00 |
| Gross margin | 24.8% | 24.6% | 24.2% | 23.5% | 23.1% | 22.7% | 22.3% | 21.9% | 23.3% | 19.8% |
| Operating margin | — | — | — | 8.7% | 8.8% | 8.1% | 7.3% | 5.4% | 8.0% | 6.2% |
| Net margin | 2.9% | 2.4% | 3.2% | 5.9% | 5.9% | 5.6% | 5.2% | 0.8% | 2.0% | 9.8% |
| Free cash flow margin | 11.2% | 10.6% | 8.4% | 8.0% | 14.0% | 10.2% | 4.8% | 5.3% | 5.9% | 6.5% |
| Return on equity (ROE) | 11.7% | 10.2% | 14.7% | 26.2% | 22.7% | 22.4% | 21.1% | 2.9% | 6.7% | 16.3% |
| Return on assets (ROA) | 2.6% | 2.3% | 2.9% | 5.2% | 4.5% | 4.5% | 4.6% | 0.7% | 1.7% | 6.9% |
| Debt / equity | 0.46 | 0.51 | — | — | — | — | — | — | — | 0.13 |
| Current ratio | 1.31 | 1.40 | 1.37 | 1.37 | 1.49 | 1.44 | 1.49 | 1.60 | 1.76 | 1.69 |
| Revenue growth | 5.2% | 1.9% | 7.0% | 24.3% | 13.7% | 13.9% | 10.2% | 22.2% | 47.7% | 17.9% |
| EPS growth | 23.5% | -20.9% | 48.9% | 16.3% | 23.4% | 14.0% | 214.7% | -54.4% | -70.2% | -10.6% |