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Saturday 17 October 2026 Export FORTY’s income statement to Excel — free account

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
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Formula Systems (1985) Ltd. (FORTY) P/E ratio

Alert me on P/E ratio

As of 15 October 2026, Formula Systems (1985) Ltd. (FORTY) trades at a P/E ratio of 2.7×. Over the past ten years it has ranged from 2.5× (June 2026) to 60.7× (January 2018); the current reading is higher than 1% of that period. That is below the Information Technology Services industry median of 16.4× and below the Technology sector median of 28.2×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 4.2× (75.32%)
FY2024 17.1× 10.07%
FY2023 15.5× 17.17%
FY2022 13.2× (61.86%)
FY2021 34.7× 24.28%
FY2020 27.9× 4.82%
FY2019 26.7× 63.80%
FY2018 16.3× (71.83%)
FY2017 57.8× 125.73%
FY2016 25.6× 31.37%

Quarterly newest first

Period P/E ratio Change
Jun 2026 2.5× (8.71%)
Mar 2026 2.7× (35.71%)
Dec 2025 4.2× (85.94%)
Sep 2025 30.0× 19.65%
42 more quarters

Against its own ten years

Low 2.5× High 60.7×
Ten-year median 21.8×
Current reading's percentile 1

P/E ratio against peers

Company P/E ratio
CNXC Concentrix Corporation compare n/m
KEEL Keel Infrastructure Corp compare n/m
PONY Pony AI Inc. - Sponsored ADR compare n/m
FORTY Formula Systems (1985) Ltd. 2.7×
GLOB Globant S.A. compare 15.3×
DXC DXC Technology Company. compare 18.7×
EFOR Everforth Inc. compare 19.7×
INOD Innodata Inc compare 36.9×
MGRT Mega Fortune Company Limited compare —
Information Technology Services industry median 16.4×
Technology sector median 28.2×
Market median 18.1×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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