Formula Systems 1985 Stock Z Score
FORTY Stock  USD 74.00 4.71 5.98% 
Formula  Z Score 
Formula Systems 1985 Company Z Score Analysis
Formula Systems' ZScore is a simple linear, multifactor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
 
 
 
 

Formula Z Score 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 Z Score. 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.
Click cells to compare fundamentals
To calculate a ZScore, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. ZScores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with ZScores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a socalled 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize zscores proved it to be successful as a predictor of corporate bankruptcy.
Competition 
According to the company's disclosures, Formula Systems 1985 has a Z Score of 0.0. This is 100.0% lower than that of the IT Services sector and 100.0% lower than that of the Information Technology industry. The z score for all United States stocks is 100.0% higher than that of the company.
Formula Z Score 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 Z Score 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 z score category among its peers.
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.
2019  2020  2021  2022  2023  2024 (projected)  
Market Cap  613.7M  538.2M  1.0B  995.0M  895.5M  940.3M 
Formula Systems ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower socialengagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Formula Systems' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Formula Systems' managers, analysts, and investors.Environmental  Governance  Social 
Formula Systems Institutional Holders
Institutional Holdings refers to the ownership stake in Formula Systems that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Formula Systems' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in highprofile magazines, and presentations at investor conferences help move the stock higher, increasing Formula Systems' value.Shares  
Ronald Blue Trust, Inc.  20240630  2.0  
Wells Fargo & Co  20240630  0.0  
Private Trust Co Na  20240630  0.0  
Clal Insurance Enterprises Holdings Ltd  20240630  824.7 K  
Tfg Advisers Llc  20240630  7.6 K  
Ghp Investment Advisors, Inc.  20240630  7 K  
Altshuler Shaham Ltd  20240630  6.7 K  
Dimensional Fund Advisors, Inc.  20240630  4.1 K  
Morgan Stanley  Brokerage Accounts  20240331  2.9 K  
Bank Of America Corp  20240630  1000  
Blackrock Inc  20240630  680 
Formula Fundamentals
Return On Equity  0.13  
Return On Asset  0.0567  
Profit Margin  0.03 %  
Operating Margin  0.1 %  
Current Valuation  1.25 B  
Shares Outstanding  15.33 M  
Shares Owned By Institutions  12.66 %  
Number Of Shares Shorted  188  
Price To Earning  27.39 X  
Price To Book  1.87 X  
Price To Sales  0.45 X  
Revenue  2.62 B  
Gross Profit  622.47 M  
EBITDA  366.3 M  
Net Income  165.73 M  
Cash And Equivalents  451.47 M  
Cash Per Share  29.52 X  
Total Debt  669.99 M  
Debt To Equity  0.57 %  
Current Ratio  1.32 X  
Book Value Per Share  42.08 X  
Cash Flow From Operations  294.97 M  
Short Ratio  0.19 X  
Earnings Per Share  4.32 X  
Number Of Employees  21.9 K  
Beta  0.47  
Market Capitalization  1.21 B  
Total Asset  2.82 B  
Retained Earnings  475.22 M  
Working Capital  390.19 M  
Current Asset  357.48 M  
Current Liabilities  211.81 M  
Annual Yield  0.02 %  
Five Year Return  1.41 %  
Net Asset  2.82 B  
Last Dividend Paid  1.27 
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.
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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.