FORTY — Stock Film
STOCK FILMSCENE 1/11FORTY · $129
Stock Expert AI presents
FORTY
Formula Systems (1985) Ltd
~5 min film100% real numbersplain English
WHAT DOES THIS COMPANY DO?
Formula Systems (1985) Ltd. What it actually does.

Provides proprietary and non-proprietary software solutions. Offers IT professional services to businesses globally. Now — the numbers.

on the stock market since 1997
19K employees
$2B market value
Revenue last year:
$2.6B
The net profit left over:
$28.4M
Out of every $100 in sales, $1 stays as net profit.
THE SLICE THAT TURNS INTO PROFIT: 1%

This is an established company with proven profits.

THE SALES TREND
Sales are moving sideways.

No real growth (2% a year).

$2.4B
2021
2022
2023
2024
$2.6B
2025
Cash on hand:
$1.3B
Total debt:
$592.3M
The cash outweighs the debt.

If every debt were paid off today, $688.2M would still be left in the vault — a solid cushion for hard times.

THE PRICE TAG
MARKET VALUE / ANNUAL PROFIT
69.7×

The market pays 69.7× for every dollar this company earns in a year — a price that already assumes things go well.

Against companies in its own sector, it looks cheaper than 97% of them.

No analyst target is on record for this company.

INSIDE THE REPORT CARD

We compared this company with its own sector across five subjects.

A score of 50 means class average.

BUSINESS QUALITY
68
strong

Clearly above the class average — a step short of the very top.

FINANCIAL STRENGTH
49
weak

Clearly below the class average.

VALUATION
97
very strong

The price looks reasonable next to what the company earns.

GROWTH
55
average

There is growth, but not at top-of-the-class tempo.

PRICE MOMENTUM
59
average

The price is looking for direction — no strong breakout, no collapse.

WORTH WATCHING

Financial Strength: The cash-and-debt balance is thin; the buffer for hard times is slim.

THE FIVE-YEAR JOURNEY
Below the peak, but no collapse.

The stock trades 32% below its peak. The market has trimmed its expectations for the company.

1
THE BRIGHT SIDE · 1/2
Strong cash, light debt

There is $1.3B in the vault; even if every debt were paid off, $688.2M would remain.

2
THE BRIGHT SIDE · 2/2
Pays a steady dividend

It pays out $14.42 per share each year — regular cash for whoever holds the stock.

1
THE RISKS · 1/2
Growth has stalled

Over the last 4 years, sales grew only 2% a year on average. At this size, speeding back up is not easy.

2
THE RISKS · 2/2
A rich price tag

The company’s market value is 70 times its annual profit. Even a small disappointment could hit the price hard.

FINALE · THE GRADE
grade pending

No score published: this stock trades under $10,000 on a typical day, so the price beside it is not one you could reliably act on.

One-line summary: few numbers, an untested story. Keep watching.

What would you like to do next?
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Not covered, because the filings we hold do not carry it: earnings execution, the revenue breakdown.

This was a film — not investment advice.
Data: FMP & company filings
Sep 11, 2026 · stockexpertai.com · Stock Film