XNASFORTY
Market cap1.40bUSD
Dec 19, Last price
93.35USD
1D
-1.99%
1Q
32.37%
Jan 2017
135.14%
Name
Formula Systems 1985 Ltd
Chart & Performance
Profile
Formula Systems (1985) Ltd., through its subsidiaries, provides proprietary and non-proprietary software solutions, IT professional services, software product marketing and support, and computer infrastructure and integration solutions worldwide. The company offers computer and telecommunication infrastructure solutions; computer solutions to computer and communications infrastructures; cloud computing solutions; and database and big data services. It also provides customer relations management, computer systems management infrastructures, web world content management, database and data warehouse mining, application integration, database and system, data management, and software development tools; and professional training courses and advanced professional studies. In addition, it markets and sells computers and peripheral equipment to business customers; offers property and casualty insurance platforms, such as Sapiens, Sapiens CoreSuite, Sapiens IDITSuite, Sapiens PolicyPro, Sapiens BillingPro, Sapiens ClaimsPro, e-Tica, and Tia Enterprise; life, pension, and annuities platforms, including Sapiens CoreSuite, Sapiens UnderwritingPro, Sapiens ApplicationPro, Sapiens IllustrationPro, and Sapiens ConsolidationMaster; reinsurance software solutions comprising Sapiens ReinsuranceMaster, Sapiens ReinsurancePro, and Sapiens Reinsurance GO; and Sapiens platform for workers' compensation solutions. Further, the company provides financial and compliance solutions that include Sapiens FinancialPro, Sapiens Financial GO, and Sapiens StatementPro; Sapiens DECISION, a decision management platform; and technology-based solutions. Additionally, it offers application development and business process integration platforms; vertical software solutions; strategic consulting and outsourcing services; and professional services in various areas, as well as develops on-premise payroll software. Formula Systems (1985) Ltd. was incorporated in 1985 and is headquartered in Or Yehuda, Israel.
IPO date
Jan 01, 1991
Employees
22,059
Domiciled in
IL
Incorporated in
IL
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 2,620,903 1.89% | 2,572,357 6.94% | 2,405,510 24.39% | |||||||
Cost of revenue | 2,381,535 | 2,267,252 | 2,134,288 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 239,368 | 305,105 | 271,222 | |||||||
NOPBT Margin | 9.13% | 11.86% | 11.28% | |||||||
Operating Taxes | 46,075 | 55,235 | 42,614 | |||||||
Tax Rate | 19.25% | 18.10% | 15.71% | |||||||
NOPAT | 193,293 | 249,870 | 228,608 | |||||||
Net income | 64,014 -68.23% | 201,475 42.49% | 141,396 25.70% | |||||||
Dividends | (9,927) | (21,778) | (22,081) | |||||||
Dividend yield | 0.27% | 0.55% | 37.74% | |||||||
Proceeds from repurchase of equity | 4,831 | |||||||||
BB yield | -0.13% | |||||||||
Debt | ||||||||||
Debt current | 262,922 | 271,665 | 263,792 | |||||||
Long-term debt | 535,770 | 625,970 | 575,611 | |||||||
Deferred revenue | 4,873 | 8,859 | 17,757 | |||||||
Other long-term liabilities | 47,607 | 45,964 | 78,188 | |||||||
Net debt | 225,295 | 307,938 | 298,046 | |||||||
Cash flow | ||||||||||
Cash from operating activities | 294,968 | 239,138 | 208,480 | |||||||
CAPEX | (16,683) | (39,315) | (31,056) | |||||||
Cash from investing activities | (139,237) | (74,295) | (110,192) | |||||||
Cash from financing activities | (243,177) | (70,981) | (114,130) | |||||||
FCF | 185,738 | 290,090 | 160,448 | |||||||
Balance | ||||||||||
Cash | 528,170 | 569,056 | 512,457 | |||||||
Long term investments | 45,227 | 20,641 | 28,900 | |||||||
Excess cash | 442,352 | 461,079 | 421,082 | |||||||
Stockholders' equity | 1,150,962 | 1,031,932 | 1,026,998 | |||||||
Invested Capital | 1,588,302 | 1,543,447 | 1,567,560 | |||||||
ROIC | 12.34% | 16.06% | 15.40% | |||||||
ROCE | 11.45% | 14.79% | 13.12% | |||||||
EV | ||||||||||
Common stock shares outstanding | 15,498 | 15,503 | 15,404 | |||||||
Price | 240.50 -5.65% | 254.90 6,611.43% | 3.80 36.86% | |||||||
Market cap | 3,727,269 -5.68% | 3,951,715 6,654.56% | 58,504 37.87% | |||||||
EV | 4,634,987 | 4,884,820 | 995,377 | |||||||
EBITDA | 361,200 | 420,413 | 393,406 | |||||||
EV/EBITDA | 12.83 | 11.62 | 2.53 | |||||||
Interest | 38,368 | 19,930 | 24,005 | |||||||
Interest/NOPBT | 16.03% | 6.53% | 8.85% |