Formula Historical Financial Ratios

FORTY Stock

USD 69.79 0.38 0.55%

Formula Systems is recently reporting on over 70 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Current Ratio of 1.4 or Debt to Equity Ratio of 2.79 will help investors to properly organize and evaluate Formula Systems 1985 financial condition quickly. Financial Statement Analysis is much more than just reviewing and examining Formula Systems 1985 latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Formula Systems 1985 is a good buy for the upcoming year.

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About Formula Financial Ratios Analysis

Formula Systems 1985Financial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Formula Systems investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Formula financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Formula Systems history.

Formula Systems Financial Ratios Chart

Formula Systems 1985 financial ratios usually calculated using numerical values taken directly from Formula Systems financial statements such as income statements or balance sheets. They help investors to obtain meaningful information about Formula Systems. Most financial ratios help to conduct quantitative analysis to assess vital information about the company's valuation as well as profitability and liquidity indicators such as leverage, growth, profit margins, and different types of rates of return.

Formula Systems Asset Turnover is fairly stable at the moment as compared to the past year. Formula Systems reported Asset Turnover of 0.94 in 2022. Current Ratio is likely to rise to 1.40 in 2023, whereas Book Value per Share is likely to drop 34.41 in 2023.

Asset Turnover Return on Average Assets Return on Average Equity Return on Sales

Asset Turnover

Asset turnover is a measure of a firms operating efficiency; calculated by dividing Revenues by Average Assets. Often a component of DuPont ROE analysis.

Return on Average Assets

Return on assets measures how profitable a company is Net Income Common Stock relative to its total assets [AssetsAvg].

Return on Average Equity

Return on equity measures a corporation's profitability by calculating the amount of Net Income Common Stock returned as a percentage of [EquityAvg].

Return on Sales

Return on Sales is a ratio to evaluate a company's operational efficiency; calculated by dividing Earning Before Interest and Taxes EBIT by Revenues. ROS is often a component of DuPont ROE analysis.

Most ratios from Formula Systems' fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios 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 fundamentals ratios, 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. Formula Systems Asset Turnover is fairly stable at the moment as compared to the past year. Formula Systems reported Asset Turnover of 0.94 in 2022. Current Ratio is likely to rise to 1.40 in 2023, whereas Book Value per Share is likely to drop 34.41 in 2023.

	2020	2021	2022	2023 (projected)
Book Value per Share	32.92	35.38	36.08	34.41
Asset Turnover	0.86	0.93	0.94	1.0

Book Value per Share Asset Turnover

Formula Systems fundamentals Correlations

	Asset Turnover	Book Value per Share	Current Ratio	Debt to Equity Ratio	Dividend Yield	Dividends per Basic Common Share	EBITDA Margin	Earnings per Basic Share	Earnings per Diluted Share	Enterprise Value over EBIT	EBITDA	Free Cash Flow per Share	Gross Margin	Profit Margin	Payout Ratio	Price to Book Value	Price to Earnings Ratio	Price to Sales Ratio	Return on Average Assets	Return on Average Equity	Return on Invested Capital	Return on Sales	Sales per Share
Asset Turnover		0.42	-0.68	0.56	-0.34	0.38	-0.49	-0.09	-0.08	0.29	0.23	0.43	0.85	-0.59	0.2	0.34	0.27	0.02	-0.47	-0.22	0.1	-0.6	0.6
Book Value per Share	0.42		-0.64	0.84	-0.72	0.54	0.18	0.47	0.48	0.65	0.68	0.83	0.17	-0.16	0.2	0.84	0.37	0.73	-0.16	0.05	-0.04	-0.05	0.95
Current Ratio	-0.68	-0.64		-0.8	0.45	-0.49	0.07	-0.26	-0.27	-0.44	-0.35	-0.69	-0.42	0.29	0.05	-0.62	-0.24	-0.39	0.22	-0.06	-0.13	0.29	-0.77
Debt to Equity Ratio	0.56	0.84	-0.8		-0.79	0.46	-0.25	0.05	0.07	0.78	0.73	0.87	0.31	-0.56	0.27	0.84	0.51	0.6	-0.56	-0.33	-0.36	-0.48	0.94
Dividend Yield	-0.34	-0.72	0.45	-0.79		0.03	0.28	0.16	0.15	-0.9	-0.9	-0.69	-0.1	0.56	-0.41	-0.78	-0.81	-0.64	0.59	0.47	0.49	0.45	-0.75
Dividends per Basic Common Share	0.38	0.54	-0.49	0.46	0.03		0.17	0.46	0.46	0.17	0.17	0.38	0.3	-0.01	0.22	0.48	-0.14	0.38	0.02	0.19	0.2	0.03	0.57
EBITDA Margin	-0.49	0.18	0.07	-0.25	0.28	0.17		0.88	0.88	-0.33	-0.24	-0.05	-0.5	0.92	-0.39	-0.02	-0.45	0.28	0.91	0.9	0.62	0.95	-0.09
Earnings per Basic Share	-0.09	0.47	-0.26	0.05	0.16	0.46	0.88		1.0	-0.26	-0.18	0.2	-0.19	0.75	-0.38	0.14	-0.45	0.28	0.77	0.88	0.67	0.78	0.26
Earnings per Diluted Share	-0.08	0.48	-0.27	0.07	0.15	0.46	0.88	1.0		-0.25	-0.17	0.22	-0.18	0.74	-0.39	0.15	-0.44	0.29	0.76	0.87	0.67	0.77	0.28
Enterprise Value over EBIT	0.29	0.65	-0.44	0.78	-0.9	0.17	-0.33	-0.26	-0.25		0.98	0.65	0.11	-0.61	0.57	0.9	0.83	0.78	-0.64	-0.54	-0.56	-0.51	0.7
Enterprise Value over EBITDA	0.23	0.68	-0.35	0.73	-0.9	0.17	-0.24	-0.18	-0.17	0.98		0.59	0.01	-0.52	0.65	0.88	0.83	0.81	-0.57	-0.49	-0.5	-0.39	0.69
Free Cash Flow per Share	0.43	0.83	-0.69	0.87	-0.69	0.38	-0.05	0.2	0.22	0.65	0.59		0.4	-0.39	0.01	0.79	0.31	0.64	-0.36	-0.12	-0.23	-0.32	0.85
Gross Margin	0.85	0.17	-0.42	0.31	-0.1	0.3	-0.5	-0.19	-0.18	0.11	0.01	0.4		-0.56	0.07	0.15	0.03	-0.1	-0.41	-0.19	0.09	-0.6	0.33
Profit Margin	-0.59	-0.16	0.29	-0.56	0.56	-0.01	0.92	0.75	0.74	-0.61	-0.52	-0.39	-0.56		-0.49	-0.36	-0.6	-0.05	0.98	0.88	0.66	0.98	-0.41
Payout Ratio	0.2	0.2	0.05	0.27	-0.41	0.22	-0.39	-0.38	-0.39	0.57	0.65	0.01	0.07	-0.49		0.4	0.63	0.36	-0.52	-0.53	-0.29	-0.37	0.26
Price to Book Value	0.34	0.84	-0.62	0.84	-0.78	0.48	-0.02	0.14	0.15	0.9	0.88	0.79	0.15	-0.36	0.4		0.59	0.91	-0.37	-0.19	-0.26	-0.26	0.84
Price to Earnings Ratio	0.27	0.37	-0.24	0.51	-0.81	-0.14	-0.45	-0.45	-0.44	0.83	0.83	0.31	0.03	-0.6	0.63	0.59		0.48	-0.64	-0.62	-0.49	-0.51	0.44
Price to Sales Ratio	0.02	0.73	-0.39	0.6	-0.64	0.38	0.28	0.28	0.29	0.78	0.81	0.64	-0.1	-0.05	0.36	0.91	0.48		-0.08	0.03	-0.13	0.07	0.61
Return on Average Assets	-0.47	-0.16	0.22	-0.56	0.59	0.02	0.91	0.77	0.76	-0.64	-0.57	-0.36	-0.41	0.98	-0.52	-0.37	-0.64	-0.08		0.95	0.78	0.95	-0.39
Return on Average Equity	-0.22	0.05	-0.06	-0.33	0.47	0.19	0.9	0.88	0.87	-0.54	-0.49	-0.12	-0.19	0.88	-0.53	-0.19	-0.62	0.03	0.95		0.87	0.86	-0.15
Return on Invested Capital	0.1	-0.04	-0.13	-0.36	0.49	0.2	0.62	0.67	0.67	-0.56	-0.5	-0.23	0.09	0.66	-0.29	-0.26	-0.49	-0.13	0.78	0.87		0.63	-0.16
Return on Sales	-0.6	-0.05	0.29	-0.48	0.45	0.03	0.95	0.78	0.77	-0.51	-0.39	-0.32	-0.6	0.98	-0.37	-0.26	-0.51	0.07	0.95	0.86	0.63		-0.32
Sales per Share	0.6	0.95	-0.77	0.94	-0.75	0.57	-0.09	0.26	0.28	0.7	0.69	0.85	0.33	-0.41	0.26	0.84	0.44	0.61	-0.39	-0.15	-0.16	-0.32

Click cells to compare fundamentals

Formula Systems Account Relationship Matchups

Formula Systems fundamentals Accounts

	2018	2019	2020	2021	2022	2023 (projected)
Asset Turnover	0.92	0.85	0.86	0.93	0.94	1.0
Book Value per Share	24.94	27.76	32.92	35.38	36.08	34.41
Current Ratio	1.77	1.61	1.49	1.44	1.37	1.4
Debt to Equity Ratio	2.34	2.83	2.81	2.9	2.93	2.79
Dividend Yield	0.008	0.019	0.014	0.006	0.012	0.0182
Dividends per Basic Common Share	0.68	0.98	0.52	1.45	1.42	1.25
Earnings per Basic Share	2.2	2.56	3.05	3.57	5.31	4.57
Earnings per Diluted Share	2.14	2.44	3.01	3.5	5.21	4.47
Earnings per Basic Share USD	2.2	2.56	3.05	3.57	5.31	4.57
Enterprise Value over EBITDA	5.42	7.14	7.57	8.74	4.96	5.92
Free Cash Flow per Share	4.25	10.9	17.2	11.85	13.31	11.21
Profit Margin	0.008	0.022	0.023	0.024	0.032	0.0334
Price to Book Value	1.43	2.37	2.6	3.51	1.97	2.06
Price to Earnings Ratio	16.2	26.48	28.03	34.73	13.35	19.45
Price to Sales Ratio	0.35	0.61	0.68	0.79	0.42	0.51
Return on Average Assets	0.007	0.02	0.019	0.021	0.03	0.0295
Return on Average Equity	0.089	0.094	0.1	0.11	0.15	0.13
Sales per Share	101.29	111.99	126.51	157.26	168.17	144.43
Tangible Assets Book Value per Share	59.25	78.99	93.25	102.93	107.55	94.18

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 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.

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. Check out Investing Opportunities to better understand how to build diversified portfolios.

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Formula Historical Financial Ratios

About Formula Financial Ratios Analysis

Formula Systems Financial Ratios Chart

Asset Turnover

Return on Average Assets

Return on Average Equity

Return on Sales

Formula Systems fundamentals Correlations

Formula Systems Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Formula Systems fundamentals Accounts

Becoming a Better Investor with Macroaxis

Build Optimal Portfolios

Align your risk with return expectations

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Earnings per Diluted Share	+ 1.0	Earnings per Basic Share
Enterprise Value over EBITDA	+ 0.98	Enterprise Value over EBIT
Return on Average Assets	+ 0.98	Profit Margin
Return on Sales	+ 0.98	Profit Margin
Sales per Share	+ 0.95	Book Value per Share
Return on Sales	+ 0.95	EBITDA Margin

Enterprise Value over EBITDA	- 0.9	Dividend Yield
Enterprise Value over EBIT	- 0.9	Dividend Yield
Price to Earnings Ratio	- 0.81	Dividend Yield
Debt to Equity Ratio	- 0.8	Current Ratio
Dividend Yield	- 0.79	Debt to Equity Ratio
Price to Book Value	- 0.78	Dividend Yield