Formula EBITDA

FORTY Stock  USD 76.61  1.45  1.93%   
Formula Systems 1985 fundamentals help investors to digest information that contributes to Formula Systems' financial success or failures. It also enables traders to predict the movement of Formula Stock. The fundamental analysis module provides a way to measure Formula Systems' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Formula Systems stock.
Enterprise Value over EBITDA is likely to rise to 5.92 in 2023, whereas EBITDA Margin is likely to drop 0.1 in 2023.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Formula EBITDA Analysis

Formula Systems' EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.

Formula Systems Earnings Before Interest Taxes and Depreciation Amortization EBITDA

230.46 Million

EBITDA 
 = 
Revenue 
-  
Basic Expenses 
More About EBITDA | All Equity Analysis

Current Formula Systems EBITDA

    
  232.38 M  
Most of Formula Systems' fundamental indicators, such as EBITDA, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Formula Systems 1985 is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Formula EBITDA Driver Correlations

Understanding the fundamental principles of building solid financial models for Formula Systems is extremely important. It helps to project a fair market value of Formula Stock properly, considering its historical fundamentals such as EBITDA. Since Formula Systems' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Formula Systems' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Formula Systems' interrelated accounts and indicators.

Formula EBITDA Historical Pattern

Today, most investors in Formula Systems Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Formula Systems' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's ebitda growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Formula Systems ebitda as a starting point in their analysis.
   Formula Systems EBITDA   
       Timeline  
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Competition

Formula EBITDA Margin

EBITDA Margin

0.0995

Formula Systems EBITDA Margin is fairly stable at the moment as compared to the past year. Formula Systems reported EBITDA Margin of 0.11 in 2022
According to the company disclosure, Formula Systems 1985 reported earnings before interest,tax, depreciation and amortization of 232.38 M. This is 74.89% lower than that of the IT Services sector and 84.09% lower than that of the Information Technology industry. The ebitda for all United States stocks is 94.04% higher than that of the company.

Formula EBITDA Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Formula Systems' direct or indirect competition against its EBITDA to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Formula Systems could also be used in its relative valuation, which is a method of valuing Formula Systems by comparing valuation metrics of similar companies.
Formula Systems is currently under evaluation in ebitda category among related companies.

Formula Systems Current Valuation Drivers

We derive many important indicators used in calculating different scores of Formula Systems from analyzing Formula Systems' financial statements. These drivers represent accounts that assess Formula Systems' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Formula Systems' important valuation drivers and their relationship over time.
201820192020202120222023 (projected)
Average Assets1.62 B2 B2.26 B2.6 B2.73 B2.37 B
Earnings Before Interest Taxes and Depreciation Amortization EBITDA121.25 M175.4 M203 M249.38 M279.15 M230.46 M
Earnings Before Interest Taxes and Depreciation Amortization USD121.25 M175.4 M203 M249.38 M279.15 M230.46 M
Earnings before Tax56.67 M66.02 M78.05 M97.2 M136.63 M111.25 M
Average Equity365.59 M412.98 M449.79 M519.51 M544.64 M509.82 M
Enterprise Value657.52 M1.25 B1.54 B2.18 B1.39 B1.24 B
Free Cash Flow62.58 M165.55 M262.88 M181.19 M203.6 M169.81 M
Invested Capital460.73 M763.22 M812.38 M853.7 M871.88 M769.46 M
Invested Capital Average430.55 M747.13 M808.31 M846.26 M852.94 M763.85 M
Market Capitalization525.29 M999.79 M1.31 B1.9 B1.08 B1.01 B
Tangible Asset Value873.33 M1.2 B1.43 B1.57 B1.65 B1.42 B
Working Capital255.57 M294.11 M380.97 M354.52 M370.51 M352.26 M

Formula Fundamentals

About Formula Systems Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Formula Systems 1985's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Formula Systems using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Formula Systems 1985 based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for 2023
EBITDA Margin 0.11  0.1 
Enterprise Value over EBITDA 4.96  5.92 
Earnings Before Interest Taxes and Depreciation Amortization EBITDA279.2 M230.5 M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Formula Systems in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Formula Systems' short interest history, or implied volatility extrapolated from Formula Systems options trading.

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Formula Systems 1985 using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Check out Formula Systems Piotroski F Score and Formula Systems Altman Z Score analysis. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

Complementary Tools for Formula Stock analysis

When running Formula Systems' price analysis, check to measure Formula Systems' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Formula Systems is operating at the current time. Most of Formula Systems' value examination focuses on studying past and present price action to predict the probability of Formula Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Formula Systems' price. Additionally, you may evaluate how the addition of Formula Systems to your portfolios can decrease your overall portfolio volatility.
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Money Managers
Screen money managers from public funds and ETFs managed around the world
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Is Formula Systems' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Formula Systems. If investors know Formula will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Formula Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.48)
Earnings Share
4.14
Revenue Per Share
170.63
Quarterly Revenue Growth
0.017
Return On Assets
0.0559
The market value of Formula Systems 1985 is measured differently than its book value, which is the value of Formula that is recorded on the company's balance sheet. Investors also form their own opinion of Formula Systems' value that differs from its market value or its book value, called intrinsic value, which is Formula Systems' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Formula Systems' market value can be influenced by many factors that don't directly affect Formula Systems' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Formula Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Formula Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Formula Systems' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.