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

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 Share32.9235.3836.0834.41
Asset Turnover0.860.930.941.0

Formula Systems fundamentals Correlations

Click cells to compare fundamentals

Formula Systems Account Relationship Matchups

Formula Systems fundamentals Accounts

201820192020202120222023 (projected)
Asset Turnover0.920.850.860.930.941.0
Book Value per Share24.9427.7632.9235.3836.0834.41
Current Ratio1.771.611.491.441.371.4
Debt to Equity Ratio2.342.832.812.92.932.79
Dividend Yield0.0080.0190.0140.0060.0120.0182
Dividends per Basic Common Share0.680.980.521.451.421.25
Earnings per Basic Share2.22.563.053.575.314.57
Earnings per Diluted Share2.142.443.
Earnings per Basic Share USD2.22.563.053.575.314.57
Enterprise Value over EBITDA5.427.147.578.744.965.92
Free Cash Flow per Share4.2510.917.211.8513.3111.21
Profit Margin0.0080.0220.0230.0240.0320.0334
Price to Book Value1.432.372.63.511.972.06
Price to Earnings Ratio16.226.4828.0334.7313.3519.45
Price to Sales Ratio0.350.610.680.790.420.51
Return on Average Assets0.0070.020.0190.0210.030.0295
Return on Average Equity0.0890.0940.
Sales per Share101.29111.99126.51157.26168.17144.43
Tangible Assets Book Value per Share59.2578.9993.25102.93107.5594.18
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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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.