cheqfx
Advertisement · 728×90
‹ All stocks
FORTY

Formula Systems (1985) Ltd.

FORTY · NASDAQ · Technology
$111.11
▼ $111.11 (-0.22%)
$111.11 $112.13 $113.15 $114.17 $111.11 Sep 27 Sep 30 Oct 03
Day range
$111.11 – $114.33
Year range
$95.68 – $190.56
Open
$111.35
Previous close
—
Market cap
$1.70B
Volume (24h)
—
Volume (52w)
—
Performance
7D
▲ 1.38%
1M
▼ -12.51%
3M
▲ 2.38%
6M
▼ -10.72%
1Y
▼ -17.64%
YTD
▼ -33.48%
3Y
▲ 51.07%
5Y
▲ 15.30%
All-time
▲ 204.41%
Key statistics
P/E ratio
23.54
EPS (TTM)
$4.72
Dividend yield
14.14%
Dividend (TTM)
$15.71
Payout ratio
332.91%
Shares outstanding
15.3M
About Formula Systems (1985) Ltd.

Formula Systems (1985) Ltd. is a global provider of diverse IT solutions and services, operating through its various subsidiaries. The company specializes in delivering both its own proprietary software and third-party solutions, alongside comprehensive IT professional services, software product marketing and support, and integrated computer infrastructure solutions. Its extensive range of offerings includes robust computer and telecommunication infrastructure solutions, specialized computer solutions for existing communication setups, cutting-edge cloud computing services, and advanced database and big data management. Formula Systems also supplies critical software tools for areas such as customer relationship management, computer systems infrastructure oversight, web content management, database and data warehouse mining, application integration, general database and system management, and software development. Additionally, it offers professional training courses and advanced educational programs. The company is also involved in the sale of computers and peripheral equipment to business clients. A significant part of its portfolio comprises specialized insurance technology platforms under the "Sapiens" brand. These include solutions for property and casualty insurance (e.g., Sapiens, Sapiens CoreSuite, Sapiens IDITSuite, Sapiens PolicyPro, Sapiens BillingPro, Sapiens ClaimsPro, e-Tica, and Tia Enterprise), life, pension, and annuities management (e.g., Sapiens CoreSuite, Sapiens UnderwritingPro, Sapiens ApplicationPro, Sapiens IllustrationPro, and Sapiens ConsolidationMaster), and reinsurance operations (e.g., Sapiens ReinsuranceMaster, Sapiens ReinsurancePro, and Sapiens Reinsurance GO). It also provides a dedicated Sapiens platform for workers' compensation solutions. Furthermore, Formula Systems delivers financial and compliance solutions, such as Sapiens FinancialPro, Sapiens Financial GO, and Sapiens StatementPro, alongside the Sapiens DECISION platform for advanced decision management, and a broader array of general technology-driven solutions. Its services are rounded out with platforms for application development and seamless business process integration, industry-specific software, strategic consulting, outsourcing, and a wide spectrum of other professional services. The company also develops on-premise payroll software. Formula Systems (1985) Ltd. was established in 1985 and is headquartered in Or Yehuda, Israel.

Visit website
Country: United States of America
More in Technology
NVDA
NVDA
NVIDIA
$235.94 -0.05%
AAPL
AAPL
Apple
$332.88 -0.10%
MSFT
MSFT
Microsoft
$514.42 -0.90%
TSM
TSM
Taiwan Semiconductor Manu…
$472.28 1.43%
AVGO
AVGO
Broadcom
$354.97 1.43%