Formula Systems (1985) Ltd. company logo
Formula Systems (1985) Ltd. logo

Formula Systems (1985) Ltd. (FORTY) Altman Z-Score

Altman Z-Score

2.550.000.00%

Summary

Current Value
As of today, FORTY altman z-score is 2.55, unchanged in the most recent trading session on
Current Value Category
Based on its current altman z-score, FORTY falls into the safe category
Sector Comparison
FORTY altman z-score is higher than 48.99% of companies in Technology sector

Chart

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Performance

FORTY Performance
MetricDateValue1D1M3MYTD1Y3Y5Y
Altman Z-Score2.550.0%-1.2%+6.3%+0.4%+22.0%+26.9%+34.2%
Price$170.01+0.0%-2.7%+18.5%+1.8%+93.7%+117.7%+101.9%
Annual Working Capital$348.57M-10.7%-10.7%-1.7%+18.5%
Annual Retained Earnings$536.01M+12.8%+12.8%+49.6%+88.0%
Annual EBIT$265.15M+10.8%+10.8%+27.5%+91.5%
Annual Current Ratio1.31-6.4%-6.4%-4.4%-9.0%
Annual Quick Ratio1.28-5.2%-5.2%-5.2%-10.5%
Annual Debt To Equity0.95-11.2%-11.2%-28.0%-33.6%
Piotroski F-Score-

History

DateValueChange
2.55+0.4%
2.54+21.0%
2.10+4.0%
2.02+2.5%
1.97-10.0%
2.19+14.7%
1.91-0.5%
1.92+2.1%
1.88-0.5%
1.89-9.1%
2.08+2.0%
2.04+30.8%
1.56-29.4%
2.21+25.6%
1.76-12.4%
DateValueChange
2.01-3.4%
2.08+11.2%
1.87+5.6%
1.77-7.3%
1.91+41.5%
1.35+12.5%
1.20-17.8%
1.46-2.0%
1.49+38.0%
1.08-29.4%
1.53-42.3%
2.65-21.4%
3.37+8.0%
3.12-

FAQ

  • What is the current altman z-score of FORTY?

    As of today, FORTY altman z-score is 2.55

  • What altman z-score category does FORTY fall into?

    Based on its current altman z-score, FORTY falls into the safe category

  • How does FORTY altman z-score rank versus sector peers?

    FORTY altman z-score is higher than 48.99% of companies in Technology sector

Altman Z-Score Formula

Z-Score = 1.2*A + 1.4*B + 3.3*C + 0.6*D + 1.0*E
  • A = /
  • B = /
  • C = /
  • D = /
  • E = /

Data Sources & References

  1. FORTY Official Website www.formulasystems.com
  2. Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/1045986/000104598625000012/0001045986-25-000012-index.htm
  3. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1045986/000121390025043461/0001213900-25-043461-index.htm
  4. FORTY Profile on Yahoo Finance finance.yahoo.com/quote/FORTY
  5. FORTY Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/forty