Formula Systems (1985) stock
FORTYNASDAQFormula Systems (1985) Ltd., TechnologyISIN US3464141056
64Score 64 out of 100, Neutral
Price and trend
66 / 100
Price history
−24% in one yearThe chart shows daily closes over 20 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Below the 200-day line: the price is 1.3% below it.
Since March 2026 the 50-day line has been below the 200-day line; the trend has turned down.
Normal: the price is neither overheated nor sold off (RSI 54).
The price is 37% below its 52-week high. Largest decline in 20 years: 77% (October 2007 to March 2009).
Chart figures for advanced users
- SMA 50$119.28
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$122.56
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)54
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDabove the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$102.01
- The lowest closing price of the last twelve months.
- Resistance$190.56
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- Formula Systems (1985) Ltd. belongs to the Information Technology Services industry (Israel) and, with a market value of $1.86B, is number 55 of 103 companies in its industry on MEQIRI.
- This is an American depositary receipt (ADR).
- In fiscal 2025 it reported revenue of $2.65B (up 18.8% year on year) and earnings of $28.39M (down 64.5%).
Show more
- MEQIRI Score 64 out of 100 (Neutral): rank 351 of 854 in Technology, median 61.
- The P/E is 28.6 (Information Technology Services median 18.8, own median of recent years 21.1).
- Our model puts fair value at $236.16, with the price 49% below it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- Below fair valuePrice 49% below the fair value of $236.16.Valuation 84
- Consistently profitableProfit in all 10 fiscal years from 2016 to 2025.Fundamentals 88
- Reliable dividendNo dividend cut for 11 years.Capital allocation 52
Weaknesses
- Richly valuedP/E 28.6, Information Technology Services median 18.8, own median 21.1.
- Volatile share priceVolatility 53% a year over the last 12 months.Stability 64
Its standout strengths are fundamentals and valuation, while momentum holds the score back.
Daily figure as of 13 Nov 2026
How the score is calculatedScore overview
Score since yesterday from 65 to 64.
Fundamentals are strong, with stable profits.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk medium
How well MEQIRI warnsIn the middle among smaller stocks.
From 2016 to 2025, 20 in 100 such stocks fell 30% or more within a year, against a group average of 23 in 100.
What drives the risk
- high price swings
What lowers it
- solid fundamentals
Valuation
Valuation signal
Significantly undervaluedIn our model the price counts as cheap below $168.69 and expensive above $393.60 (uncertainty high, based on the price swings of the past year).
The two parts of the fair value come to $392.80 (cash-flow model) and $79.52 (industry comparison), and the gap between them shows how uncertain the estimate is.
Calculated with a cost of equity of 11.7%. At 12.7% the fair value would be $213.45, at 10.7% it would be $265.48.
Valuation metrics
Half from the cash-flow model, half from earnings times the industry P/E (18.8).
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 30 Jun 2026, revenue rose 11.4% on the twelve months before. Revenue has grown solidly since 2006, at about 9% per year.
Margins
- Gross margin
- Operating margin
- Net margin
In fiscal 2025: gross 17%, operating 7%, net not measured.
Debt & balance sheet
latest quarterModerate debt, and interest is adequately covered.
Earnings
- Next earnings
- 19 Nov 2026in 6 days
- Last reported
- 25 Aug 2026
Insiders
Open-market purchases and sales by executives, board members and major holders
No open-market purchases or sales in the last 6 months.
Source: Form 4 filings with the US Securities and Exchange Commission. Grants, option exercises, gifts and tax withholdings are hidden. Not a recommendation to buy.
What happened at Formula Systems (1985)
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
854 rated companies in Technology
- This company
- 64
- Sector median
- 61
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Information Technology Services
The next larger and next smaller companies by market value
- TietoEVRYTIETO.HE $2.25B59
- GlobantGLOB $1.98B64
- AteaATEA.OL $1.97B65
- ConcentrixCNXC $1.95B52
- SeSaSES.MI $1.61B71
- Mega FortuneMGRT $1.6B46
- EverforthEFOR $1.47B50
- Clarivate PlcCLVT $1.47B44
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 5 Sep 2025)
- Valuation signal Undervalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.