Nama Insights

Formula Systems (1985) (FORTY)

Technology · Information Technology Services · NASDAQ

Formula Systems (1985) (FORTY) is a Technology company in the Information Technology Services industry. It has a market capitalization of $1.69B, a trailing price-to-earnings ratio of 306.2 and a free-cash-flow yield of 20.3%. Over the most recent reported fiscal year, revenue grew 18.4% and free cash flow per share grew 18.7%. Nama's AI scorecard rates it Buy, 6.9 out of 10. On 12-month momentum it ranks in the lagging band of its market.
AI scorecard
Buy · 6.9/10
Positive, at the low end of Buy. As of Nov 7, 2026.
Momentum
Lagging · -19.8% over 12 months ex. last
Second-worst fifth of its market on the past year's move.
Shariah screen
Not Shariah Compliant
At least one of the three ratios or the industry test failed.
Off its high
-42.1%
How far the last close sits under the highest price of the past five years.
Market cap$1.69B
Trailing P/E306.2
Price / book1.4
Price / sales0.6
FCF yield20.3%
Dividend yield1.9%
Gross margin19.8%
Operating margin8.5%
Net margin21.6%
Revenue growth (YoY)+18.4%
Revenue growth (3-yr annual)+0.7%
EPS growth (YoY)—
FCF/share growth (YoY)+18.7%
Beta0.2
ExchangeNASDAQ
SectorTechnology
IndustryInformation Technology Services

FORTY earnings

Beat the EPS estimate in 1 of 4 recent quarters.

QuarterReportedEPSEstimateSurpriseRevenue
Q4 2000 Feb 26, 2001 -$0.67 $0.33 -303.0% —
Q3 2000 Nov 20, 2000 $0.03 $0.64 -95.3% —
Q2 2000 Aug 17, 2000 $0.60 $0.52 +15.4% —
Q4 1999 Mar 2, 2000 $0.40 $0.52 -23.1% —

Information Technology Services peers

TickerCompanyMarket capP/E
IBM International Business Machines $231.55B 19.9
ACN Accenture $153.89B 18.7
INFY Infosys $50.63B 14.9
CTSH Cognizant Technology Solutions $28.93B 11.5
BR Broadridge Financial Solutions $21.54B 19.6
WIT Wipro $21.37B 15.4
CDW CDW $19.60B 14.2
GIB CGI $17.25B 13.2
Explore live FORTY data on Nama Insights →

FORTY FAQ

Is FORTY a buy?
Nama's AI scorecard currently rates Formula Systems (1985) Buy (6.9 out of 10), a call computed from its profitability, cash generation, growth, valuation and balance sheet. It is a research reading, not investment advice.
What is FORTY's P/E ratio?
Formula Systems (1985) trades at a trailing price-to-earnings ratio of 306.2.
Is FORTY Shariah compliant?
Nama's AAOIFI-style screen reads Formula Systems (1985) as Not Shariah Compliant. At least one of the three ratios or the industry test failed.
Does FORTY pay a dividend?
Yes — Formula Systems (1985)'s dividend yield is 1.9%.