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Formula Systems FORTY

US equityMarket cap rank #2854Information Technology Services
$118.15 +$4.65 (+4.09%)
Pre-market · Oct 6, 7:40 am ET · After hours $118.15 0.00%
Open$118.15
Prev close$113.50
Day range$118.15 – $118.15
Volume1,391
Market cap$1.81B
P/E (TTM)3.0
Dividend yield0.88%

Valuation

Multiples measured against the stock's own five-year history

Price / earnings3.0x
CheapRich

Near the bottom of its 5-year range · 5th percentile, 5-year average 19.7x

#127 of 2974 stocks by PE (1 = cheapest)

Price / book1.5x
CheapRich

Near the bottom of its 5-year range · 8th percentile, 5-year average 2.3x

#2355 of 5315 stocks by PB (1 = cheapest)

P/E over five years

0x14x28x42xOct '21Apr '24Oct '26

Dashed line is the 5-year average; the shaded band is one standard deviation either side.

Morningstar fair value estimate

Fair value$142.24
Price vs. fair value-16.9%Trading below the estimate
Star rating★★★★★
Economic moatNone
UncertaintyHigh
MultipleCurrentForward5y averagePercentile vs. own historyIndustry rank
PB 1.50 – 2.26 8% (cheaper than usual) #2355 of 5315 (1 = cheapest)
PE 2.96 – 19.69 5% (cheaper than usual) #127 of 2974 (1 = cheapest)

Percentile is against this stock’s own 5-year valuation range: higher means it’s trading rich relative to its own history, lower means cheap relative to its own history — it is not a comparison against other companies. Forward multiples use consensus estimates for the next twelve months; a forward multiple below the current one usually signals analysts expect earnings to grow.

Morningstar view

Star rating★★★★★
Fair value estimate$142.24
Economic moatNone
UncertaintyHigh

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