Formula Price to Sales Ratio vs Free Cash Flow per Share Analysis

FORTY Stock  USD 79.30  0.75  0.94%   
Formula Systems financial indicator trend analysis is much more than just examining Formula Systems 1985 latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Formula Systems 1985 is a good investment. Please check the relationship between Formula Systems Price To Sales Ratio and its Free Cash Flow Per Share accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Formula Systems 1985. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

Price To Sales Ratio vs Free Cash Flow Per Share

Price to Sales Ratio vs Free Cash Flow per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Formula Systems 1985 Price to Sales Ratio account and Free Cash Flow per Share. At this time, the significance of the direction appears to have weak relationship.
The correlation between Formula Systems' Price to Sales Ratio and Free Cash Flow per Share is 0.33. Overlapping area represents the amount of variation of Price to Sales Ratio that can explain the historical movement of Free Cash Flow per Share in the same time period over historical financial statements of Formula Systems 1985, assuming nothing else is changed. The correlation between historical values of Formula Systems' Price to Sales Ratio and Free Cash Flow per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price to Sales Ratio of Formula Systems 1985 are associated (or correlated) with its Free Cash Flow per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow per Share has no effect on the direction of Price to Sales Ratio i.e., Formula Systems' Price to Sales Ratio and Free Cash Flow per Share go up and down completely randomly.

Correlation Coefficient

0.33
Relationship DirectionPositive 
Relationship StrengthVery Weak

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Formula Systems 1985 stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Formula Systems sales, a figure that is much harder to manipulate than other Formula Systems 1985 multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period.

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.
Most indicators from Formula Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Formula Systems 1985 current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Formula Systems 1985. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
At this time, Formula Systems' Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.18 in 2024, whereas Tax Provision is likely to drop slightly above 33.9 M in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue2.4B2.6B2.6B2.8B
Interest Expense24.0M19.9M28.3M29.8M

Formula Systems fundamental ratios Correlations

0.990.990.990.820.920.960.920.950.970.99-0.230.970.990.610.60.970.860.890.561.00.990.980.870.780.72
0.990.990.980.810.940.970.870.910.990.97-0.340.980.980.570.530.980.820.820.490.990.980.980.890.730.74
0.990.990.990.80.920.960.870.930.980.96-0.310.970.990.590.550.960.840.850.50.990.990.980.90.730.74
0.990.980.990.780.940.950.890.970.970.96-0.240.980.990.530.630.930.90.890.540.991.01.00.870.750.71
0.820.810.80.780.710.820.790.70.780.85-0.140.760.790.720.310.850.620.650.710.820.770.770.820.880.71
0.920.940.920.940.710.890.790.90.940.89-0.230.950.920.360.620.890.870.80.560.940.940.950.810.680.73
0.960.970.960.950.820.890.870.870.910.96-0.240.910.960.650.510.960.750.830.520.970.940.940.850.770.71
0.920.870.870.890.790.790.870.90.840.930.010.860.870.610.680.850.860.890.550.890.890.880.680.830.47
0.950.910.930.970.70.90.870.90.910.91-0.140.930.950.450.740.840.950.940.530.940.970.970.790.750.62
0.970.990.980.970.780.940.910.840.910.94-0.391.00.970.50.530.950.840.790.460.980.980.960.880.690.73
0.990.970.960.960.850.890.960.930.910.94-0.170.940.970.680.550.970.820.870.610.980.960.950.850.790.71
-0.23-0.34-0.31-0.24-0.14-0.23-0.240.01-0.14-0.39-0.17-0.36-0.29-0.050.0-0.30.01-0.010.42-0.27-0.29-0.25-0.51-0.06-0.31
0.970.980.970.980.760.950.910.860.931.00.94-0.360.970.480.610.940.870.830.450.980.990.970.870.710.7
0.990.980.990.990.790.920.960.870.950.970.97-0.290.970.590.570.950.850.870.520.990.990.980.890.740.75
0.610.570.590.530.720.360.650.610.450.50.68-0.050.480.590.110.680.290.520.570.60.530.510.560.610.55
0.60.530.550.630.310.620.510.680.740.530.550.00.610.570.110.410.780.820.230.560.640.640.410.630.16
0.970.980.960.930.850.890.960.850.840.950.97-0.30.940.950.680.410.740.770.570.970.940.920.870.710.78
0.860.820.840.90.620.870.750.860.950.840.820.010.870.850.290.780.740.890.550.850.890.890.670.70.5
0.890.820.850.890.650.80.830.890.940.790.87-0.010.830.870.520.820.770.890.540.860.890.870.720.790.53
0.560.490.50.540.710.560.520.550.530.460.610.420.450.520.570.230.570.550.540.560.50.530.430.60.62
1.00.990.990.990.820.940.970.890.940.980.98-0.270.980.990.60.560.970.850.860.560.990.980.880.750.75
0.990.980.991.00.770.940.940.890.970.980.96-0.290.990.990.530.640.940.890.890.50.990.990.880.750.71
0.980.980.981.00.770.950.940.880.970.960.95-0.250.970.980.510.640.920.890.870.530.980.990.850.740.7
0.870.890.90.870.820.810.850.680.790.880.85-0.510.870.890.560.410.870.670.720.430.880.880.850.740.8
0.780.730.730.750.880.680.770.830.750.690.79-0.060.710.740.610.630.710.70.790.60.750.750.740.740.55
0.720.740.740.710.710.730.710.470.620.730.71-0.310.70.750.550.160.780.50.530.620.750.710.70.80.55
Click cells to compare fundamentals

Formula Systems Account Relationship Matchups

Formula Systems fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.1B2.5B2.7B2.8B2.8B3.0B
Short Long Term Debt Total603.5M668.5M712.9M772.7M670.0M703.5M
Other Current Liab260.3M303.7M334.3M376.2M326.4M342.8M
Total Current Liabilities671.3M779.8M944.7M1.0B987.8M1.0B
Total Stockholder Equity421.6M502.7M541.0M551.9M625.9M325.4M
Property Plant And Equipment Net147.2M174.0M172.7M172.3M173.6M182.3M
Net Debt234.4M166.9M227.5M228.3M217.6M228.5M
Retained Earnings285.1M324.4M358.3M419.4M482.4M506.5M
Accounts Payable125.2M153.3M206.0M222.2M258.6M271.6M
Cash369.0M501.6M485.4M544.3M452.4M475.0M
Non Current Assets Total1.1B1.4B1.4B1.4B1.4B1.5B
Non Currrent Assets Other21.5M22.7M23.7M39.8M51.6M62.6M
Cash And Short Term Investments405.5M533.2M512.5M569.1M528.6M555.0M
Net Receivables553.1M603.8M768.7M768.8M721.0M757.1M
Common Stock Shares Outstanding15.3M15.3M15.4M15.5M15.5M14.4M
Short Term Investments36.5M31.5M27.1M24.7M76.2M80.0M
Liabilities And Stockholders Equity2.1B2.5B2.7B2.8B2.8B3.0B
Non Current Liabilities Total520.8M632.7M623.2M614.8M519.1M545.1M
Inventory7.2M24.0M20.1M35.2M42.0M44.1M
Other Current Assets37.4M47.2M50.6M45.9M84.7M88.9M
Other Stockholder Equity120.5M148.5M152.8M145.1M166.9M127.9M
Total Liab1.2B1.4B1.6B1.6B1.5B1.6B
Total Current Assets965.8M1.2B1.3B1.4B1.4B1.4B
Accumulated Other Comprehensive Income11.7M25.5M25.5M(17.0M)(19.6M)(18.6M)
Short Term Debt192.3M194.0M263.8M271.7M265.1M278.3M
Intangible Assets165.3M222.3M241.9M222.7M256.1M138.9M
Common Stock4.2M4.2M4.3M4.3M5.0M4.3M
Other Liab110.4M157.1M174.1M113.8M130.9M74.8M
Other Assets61.1M62.6M70.0M42.2M1.00.95
Long Term Debt337.5M383.4M364.3M421.5M484.7M509.0M
Good Will724.2M872.4M932.9M926.2M1.1B1.1B
Property Plant Equipment147.2M173.6M172.7M172.3M198.2M208.1M
Current Deferred Revenue93.5M128.9M140.7M132.7M137.6M144.5M
Property Plant And Equipment Gross147.2M173.6M172.7M172.3M198.2M208.1M
Net Tangible Assets(467.8M)(591.5M)(633.8M)(594.9M)(535.4M)(562.2M)
Long Term Investments48.2M28.5M28.9M20.6M18.6M17.6M
Short Long Term Debt156.7M161.9M222.1M226.2M260.1M136.5M
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.

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When determining whether Formula Systems 1985 offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Formula Systems' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Formula Systems 1985 Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Formula Systems 1985 Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Formula Systems 1985. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

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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.
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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
0.04
Dividend Share
1.277
Earnings Share
4.07
Revenue Per Share
171.285
Quarterly Revenue Growth
0.01
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.