Formula Systems (1985) Ltd.

FORTY Technology Information Technology Services

Formula Systems (1985) Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $2.6 billion, up 18.4% from fiscal 2024. In the quarter to June 2026, revenue grew 29.8%, EPS grew 55.1%, free cash flow grew 1,330.8% and total debt rose 1.98%, each against the same quarter a year earlier. Operating cash flow growth for three consecutive years.

112.11 2.48 −2.16%
Market cap
$1.8B
P/E
2.7×
Fwd P/E
13.9×
Dividend yield
0.46%
F-score
6/9
Altman Z
2.48
Beneish M
−2.92
Dividend safety
77/100

Formula Systems (1985) Ltd. (FORTY) EV/Sales

Alert me on EV/Sales

As of 15 October 2026, Formula Systems (1985) Ltd. (FORTY) trades at a EV/Sales of 0.5×. Over the past ten years it has ranged from 0.1× (January 2016) to 1.3× (December 2025); the current reading is higher than 43% of that period. That is below the Information Technology Services industry median of 1.2× and below the Technology sector median of 2.7×.

EV/Sales, daily

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Annual newest first

Period EV/Sales Change
FY2025 0.7× 13.48%
FY2024 0.6× 49.78%
FY2023 0.4× (14.59%)
FY2022 0.5× (45.01%)
FY2021 0.8× 20.09%
FY2020 0.7× 3.08%
FY2019 0.7× 61.55%
FY2018 0.4× (20.87%)
FY2017 0.5× 62.05%
FY2016 0.3× 103.31%

Quarterly newest first

Period EV/Sales Change
Jun 2026 0.4× 9.36%
Mar 2026 0.4× (42.18%)
Dec 2025 0.7× (34.39%)
Sep 2025 1.0× 0.80%
42 more quarters

Against its own ten years

Low 0.1× High 1.3×
Ten-year median 0.5×
Current reading's percentile 44

EV/Sales against peers

Company EV/Sales
MGRT Mega Fortune Company Limited compare n/m
DXC DXC Technology Company. compare 0.3×
FORTY Formula Systems (1985) Ltd. 0.5×
CNXC Concentrix Corporation compare 0.6×
EFOR Everforth Inc. compare 0.7×
GLOB Globant S.A. compare 0.8×
INOD Innodata Inc compare 5.0×
PONY Pony AI Inc. - Sponsored ADR compare 8.1×
KEEL Keel Infrastructure Corp compare 9.1×
Information Technology Services industry median 1.2×
Technology sector median 2.7×
Market median 2.1×

What EV/Sales is

EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ Revenue (TTM)

The full definition of EV/Sales →

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