(FORTY) Formula Systems 1985 - Ratings and Ratios

Formula Systems (1985) Ltd., traded as FORTY on the NASDAQ, is a global provider of software solutions and IT services. Headquartered in Or Yehuda, Israel, the company has built a robust ecosystem of proprietary and non-proprietary technologies. Its offerings span IT consulting, software development, and cloud-based solutions, catering to a wide range of industries.

The company’s portfolio includes a mix of software products and professional services. On the software side, it specializes in insurance platforms, such as Sapiens CoreSuite and IDITSuite for property and casualty insurance, as well as life, pension, and annuity solutions. It also provides reinsurance software, workers compensation solutions, and financial compliance tools like Sapiens FinancialPro and Reporting Tools. These platforms are designed to streamline operations, enhance decision-making, and ensure regulatory compliance.

Formula Systems also offers a range of IT infrastructure and integration services, including application development, data analytics, and cloud computing solutions. Its Sapiens Decision platform stands out as an enterprise-scale tool for advanced decision-making. The company complements its software offerings with strategic consulting, outsourcing services, and professional training programs, covering both technical and soft skills.

From a financial perspective, FORTY has a market capitalization of $1.268 billion, with a price-to-earnings ratio of 19.15. Its price-to-book ratio is 2.23, and the price-to-sales ratio is 0.57. These metrics provide insight into the company’s valuation and potential for investors. With a strong focus on innovation and a diversified product suite, Formula Systems positions itself as a key player in the IT consulting and software solutions space.