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Formula Systems 1985 Ltd
TASE:FORTY

Watchlist Manager
Formula Systems 1985 Ltd
TASE:FORTY
Watchlist
Price: 30 900 ILS
Updated: May 14, 2024
Financials Section:
Income Statement Balance Sheet Cash Flow Statement
|
Revenue Breakdown

Balance Sheet

2.7B
+3%
Assets
Growth Rates:
1 Year
+3%
3 Years
+34%
5 Years
+77%
7 Years
+129%
10 Years
+225%
2.1B
+4%
Liabilities
Growth Rates:
1 Year
+2%
3 Years
+35%
5 Years
+83%
7 Years
+174%
10 Years
+260%
548.5m
+1%
Equity
Growth Rates:
1 Year
+6%
3 Years
+32%
5 Years
+56%
7 Years
+40%
10 Years
+134%

Balance Sheet Decomposition
Formula Systems 1985 Ltd

2.7B
Assets
2.1B
Liabilities
2.7B
Assets
2.1B
Liabilities
Current Assets 1.3B
Cash & Short-Term Investments 508.4m
Receivables 739.6m
Other Current Assets 36.1m
Non-Current Assets 1.4B
Long-Term Investments 26.3m
PP&E 163.3m
Intangibles 1.1B
Other Non-Current Assets 82.1m
Current Liabilities 916.7m
Accounts Payable 187.3m
Accrued Liabilities 191.3m
Other Current Liabilities 538.1m
Non-Current Liabilities 1.2B
Long-Term Debt 495.5m
Other Non-Current Liabilities 729.9m

Balance Sheet
Formula Systems 1985 Ltd

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Balance Sheet
Currency: USD
Dec-2012 Dec-2013 Dec-2014 Dec-2015 Dec-2016 Dec-2017 Dec-2018 Dec-2019 Dec-2020 Dec-2021
Assets
Cash & Cash Equivalents
111
82
107
249
238
246
268
369
502
485
Cash Equivalents
111
82
107
249
238
246
268
369
502
485
Short-Term Investments
15
19
22
34
38
15
27
36
32
27
Total Receivables
221
217
210
301
354
431
482
552
604
768
Accounts Receivables
202
201
195
258
308
386
441
486
520
696
Other Receivables
19
15
15
43
46
45
40
66
84
72
Inventory
2
2
2
5
4
3
4
9
24
21
Other Current Assets
20
19
0
0
0
0
0
0
0
0
Total Current Assets
369
339
358
589
634
695
781
966
1 161
1 302
PP&E Net
22
19
20
22
26
30
29
147
174
173
PP&E Gross
22
19
20
0
0
0
0
0
0
0
Accumulated Depreciation
29
21
0
0
0
0
0
0
0
0
Intangible Assets
75
40
77
105
128
164
150
165
222
242
Goodwill
327
227
373
441
495
617
641
724
872
933
Long-Term Investments
3
162
203
31
41
25
26
26
28
29
Other Long-Term Assets
86
90
94
28
30
32
37
61
63
70
Other Assets
327
227
373
441
495
617
641
724
872
933
Total Assets
881
N/A
878
0%
1 125
+28%
1 215
+8%
1 355
+11%
1 564
+15%
1 665
+6%
2 089
+26%
2 520
+21%
2 749
+9%
Liabilities
Accounts Payable
52
53
53
68
80
95
119
125
153
206
Accrued Liabilities
62
54
72
77
91
112
115
142
190
208
Short-Term Debt
9
12
16
0
0
0
5
60
44
86
Current Portion of Long-Term Debt
31
24
27
59
88
76
122
132
150
179
Other Current Liabilities
70
68
59
87
100
150
165
212
242
268
Total Current Liabilities
223
211
227
291
359
433
526
671
780
948
Long-Term Debt
66
64
109
161
171
269
254
411
475
447
Deferred Income Tax
8
8
33
23
31
37
35
54
68
78
Minority Interest
246
183
277
389
428
435
453
490
634
671
Other Liabilities
93
89
90
21
29
30
29
41
61
64
Total Liabilities
636
N/A
555
-13%
735
+32%
885
+20%
1 018
+15%
1 204
+18%
1 297
+8%
1 668
+29%
2 017
+21%
2 208
+9%
Equity
Common Stock
4
4
4
4
4
4
4
4
4
4
Retained Earnings
116
187
250
230
234
240
263
285
324
358
Additional Paid In Capital
133
132
137
99
101
98
98
121
149
153
Unrealized Security Profit/Loss
0
0
0
0
0
0
0
0
0
0
Treasury Stock
0
0
0
0
0
0
0
0
0
0
Other Equity
7
1
2
3
3
18
3
11
25
25
Total Equity
245
N/A
322
+31%
390
+21%
330
-15%
336
+2%
359
+7%
368
+2%
422
+15%
503
+19%
541
+8%
Total Liabilities & Equity
881
N/A
878
0%
1 125
+28%
1 215
+8%
1 355
+11%
1 564
+15%
1 665
+6%
2 089
+26%
2 520
+21%
2 749
+9%
Shares Outstanding
Common Shares Outstanding
14
15
15
15
15
15
15
15
15
15

See Also

Summary
FORTY intrinsic value, competitors valuation, and company profile.
DCF Valuation
FORTY stock valuation using Discount Cash Flow valuation method.
Relative Valuation
FORTY stock valuation using valuation multiples.
Wall Street Estimates
FORTY price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
FORTY stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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