FORTY official logo FORTY
FORTY 2-star rating from Upturn Advisory
Formula Systems 1985 Ltd ADR (FORTY) company logo

Formula Systems 1985 Ltd ADR (FORTY)

Formula Systems 1985 Ltd ADR (FORTY) 2-star rating from Upturn Advisory
$170
Last Close (24-hour delay)
Profit since last BUY55.72%
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Upturn Advisory Summary

01/09/2026: FORTY (2-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

Upturn 2 star rating for performance

Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Analysis of Past Performance

Type Stock
Historic Profit 33.64%
Avg. Invested days 44
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 4.0
Stock Returns Performance Upturn Returns Performance icon 3.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 01/09/2026

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 1.73B USD
Price to earnings Ratio 21.65
1Y Target Price -
Price to earnings Ratio 21.65
1Y Target Price -
Volume (30-day avg) -
Beta 0.31
52 Weeks Range 67.98 - 125.00
Updated Date 06/29/2025
52 Weeks Range 67.98 - 125.00
Updated Date 06/29/2025
Dividends yield (FY) 0.79%
Basic EPS (TTM) 5.22
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Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 2.91%
Operating Margin (TTM) 9.35%

Management Effectiveness

Return on Assets (TTM) 5.83%
Return on Equity (TTM) 14.95%

Valuation

Trailing PE 21.65
Forward PE -
Enterprise Value 1957331310
Price to Sales(TTM) 0.62
Enterprise Value 1957331310
Price to Sales(TTM) 0.62
Enterprise Value to Revenue 0.7
Enterprise Value to EBITDA 6.89
Shares Outstanding 15332700
Shares Floating 9506867
Shares Outstanding 15332700
Shares Floating 9506867
Percent Insiders -
Percent Institutions 12.53
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Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

Formula Systems 1985 Ltd ADR

Formula Systems 1985 Ltd ADR(FORTY) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

Formula Systems 1985 Ltd. is an Israeli software company that was founded in 1985. It has undergone several transformations and acquisitions throughout its history. Initially focused on the Israeli market, it expanded internationally, particularly in the United States. A significant milestone was its acquisition by Formula Vision Technology in 2000, which subsequently changed its name. The ADR (American Depositary Receipt) signifies that shares of Formula Systems 1985 Ltd. are traded on U.S. exchanges, representing ownership in the underlying foreign company.

Company business area logo Core Business Areas

  • Software Development and IT Services: Formula Systems 1985 Ltd. has historically been involved in the development of software solutions and providing IT services. This has included a range of products and services tailored to businesses, often focusing on enterprise resource planning (ERP), customer relationship management (CRM), and other business automation tools. The specific focus has evolved over time due to acquisitions and strategic shifts.
  • Digital Transformation Solutions: In more recent years, the company, through its various subsidiaries and acquisitions, has positioned itself to offer comprehensive digital transformation solutions. This encompasses a broader spectrum of services aimed at helping businesses modernize their operations, leverage cloud technologies, and enhance their digital presence.

leadership logo Leadership and Structure

Information regarding the current specific leadership team and detailed organizational structure of Formula Systems 1985 Ltd. ADR can be dynamic and is best obtained from the company's latest investor relations filings or official website. Typically, a company of this nature would be led by a CEO, CFO, and a board of directors.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • Product Name 1: Specific product names are not readily available for Formula Systems 1985 Ltd. ADR as a standalone entity, as its business is often conducted through its subsidiaries and acquired companies. Market share data for specific products is also not publicly disclosed in a granular manner for this ADR.

Market Dynamics

industry overview logo Industry Overview

Formula Systems 1985 Ltd. operates within the broader software and IT services industry, which is characterized by rapid technological advancements, increasing demand for cloud-based solutions, cybersecurity concerns, and a competitive landscape driven by innovation and mergers and acquisitions. The digital transformation segment is particularly robust, with businesses across all sectors investing in modernization.

Positioning

Formula Systems 1985 Ltd. ADR, through its portfolio of acquired companies and its focus on digital transformation, aims to position itself as a provider of integrated solutions for businesses seeking to modernize their IT infrastructure and processes. Its competitive advantages would likely stem from its ability to integrate diverse technologies and services acquired through its M&A strategy and its established presence in various markets.

Total Addressable Market (TAM)

The Total Addressable Market for digital transformation solutions is vast and growing, encompassing IT services, cloud computing, cybersecurity, AI, and data analytics. While a precise TAM figure for Formula Systems 1985 Ltd. is not available, it operates in a multi-trillion dollar global market. The company's positioning within this TAM depends on the specific niches and customer segments its various entities serve. It aims to capture a portion of this market through its specialized offerings.

Upturn SWOT Analysis

Strengths

  • Diverse portfolio of acquired technology companies
  • Experience in software development and IT services
  • Potential for cross-selling opportunities across subsidiaries
  • Focus on growing digital transformation market

Weaknesses

  • Potential challenges in integrating disparate acquired entities
  • Lack of widely recognized flagship products under the ADR umbrella
  • Dependence on continued successful M&A activity
  • Potential for market fragmentation due to subsidiary operations

Opportunities

  • Continued growth in demand for digital transformation services
  • Expansion into new geographic markets
  • Strategic acquisitions of complementary technologies
  • Leveraging AI and other emerging technologies across its offerings

Threats

  • Intense competition from established tech giants and agile startups
  • Rapid technological obsolescence
  • Economic downturns affecting IT spending
  • Cybersecurity threats and data breaches

Competitors and Market Share

Key competitor logo Key Competitors

  • Accenture (ACN)
  • Cognizant Technology Solutions (CTSH)
  • Infosys Limited (INFY)
  • Wipro Limited (WIT)
  • Capgemini SE (CAPP)

Competitive Landscape

Formula Systems 1985 Ltd ADR faces significant competition from large, established IT service providers and specialized software companies. Its ability to compete relies on the agility of its acquired entities, its strategic focus on niche or emerging digital transformation areas, and its capacity to deliver integrated solutions. Its advantages may lie in its flexibility and potentially more targeted service offerings compared to larger, more diversified competitors. However, it may lack the brand recognition and vast resources of industry leaders.

Major Acquisitions

Specific acquired companies and their details are not publicly aggregated for Formula Systems 1985 Ltd. ADR as a distinct entity for this analysis. Such information would typically be found in historical company reports or press releases related to its various corporate restructuring and M&A activities.

  • Year:
  • Acquisition Price (USD millions):
  • Strategic Rationale: The strategic rationale for acquisitions would typically be to expand service offerings, enter new markets, acquire new technologies, or consolidate market share.

Growth Trajectory and Initiatives

Historical Growth: Formula Systems 1985 Ltd ADR's historical growth has likely been driven by a combination of organic growth within its subsidiary businesses and strategic acquisitions. The company's evolution from its founding in 1985 to its current structure as an ADR reflects a journey of adaptation and expansion.

Future Projections: Future growth projections for Formula Systems 1985 Ltd ADR would typically be based on analyst reports and the company's own forward-looking statements. These projections would consider market trends, M&A pipelines, and the performance of its diverse business units. Specific numerical projections are not available without current analyst reports.

Recent Initiatives: Recent initiatives would likely revolve around the integration of newly acquired companies, expansion of service offerings in high-growth areas like cloud migration and cybersecurity, and potentially partnerships to enhance its technological capabilities.

Summary

Formula Systems 1985 Ltd ADR operates in the dynamic IT services and software sector, with a focus on digital transformation. Its strategy of growth through acquisitions has built a diverse portfolio. The company is well-positioned to capitalize on the increasing demand for modernization, but faces intense competition and integration challenges. Its success hinges on effectively leveraging its acquired entities and adapting to rapid technological shifts.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • General industry knowledge of the IT services and software sector.
  • Hypothetical market share data for illustrative purposes.
  • General understanding of company structures and ADRs.

Disclaimers:

The information provided is a general overview and may not reflect the most current or precise details for Formula Systems 1985 Ltd ADR. Specific financial data, market share figures, and leadership details require access to the company's official financial reports (SEC filings) and up-to-date market data providers. The market share comparison is illustrative and not based on precise, real-time data for Formula Systems 1985 Ltd ADR.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

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About Formula Systems 1985 Ltd ADR

Exchange NASDAQ
Headquaters -
IPO Launch date 1997-10-21
CEO -
Sector Technology
Industry Information Technology Services
Full time employees 22720
Full time employees 22720

Formula Systems (1985) Ltd., through its subsidiaries, provides proprietary and non-proprietary software solutions, Information Technologies (IT) professional services, software product marketing and support, computer infrastructure and integration solutions, and learning and integration. It offers IT software solutions and services, and consulting and management services; computer and communication infrastructure solutions; software solutions, web world content management, database and data warehouse mining, application integration, database and systems, data management, and software development tools; and developers and professional training, and soft skills and management training services. The company also provides property and casualty insurance platforms, such as Sapiens CoreSuite and Sapiens IDITSuite; life, pension, and annuities platforms, including Sapiens, Sapiens CoreSuite, Sapiens UnderwritingPro, Sapiens ApplicationPro, Sapiens IllustrationPro, and Sapiens ConsolidationMaster; Sapiens Cloud-based DigitalSuite; data and analytics platform; and reinsurance software solutions comprising Sapiens ReinsuranceMaster, Sapiens ReinsurancePro, and Sapiens Reinsurance GO. In addition, it offers Sapiens workers' compensation solutions; Sapiens medical professional liability solutions; financial and compliance solutions, such as Sapiens FinancialPro, Sapiens Financial GO, Sapiens StatementPro, Sapiens CheckPro, and Sapiens Reporting Tools; Sapiens Decision, an enterprise-scale platform; technology-based solutions; application development and business process integration platforms; vertical software solutions; cloud-based services; strategic consulting and outsourcing services; and professional services, as well as sells and markets computers and peripheral equipment, and cloud computing solutions. The company was incorporated in 1985 and is headquartered in Or Yehuda, Israel.