FORTY vs WIT vs YB Stock Comparison

Formula Systems (1985), Wipro and Yuanbao Prices as of Oct 27, 2026 Peers: Industry group
WIT Wipro Ltd
$2.03 +23.0% 1M -24.0% 1Y
Market cap
$21.53B
P/E
15.3x
Revenue (TTM)
$10.37B
Div. yield
–
IT Services Technology
3 wins
YB Yuanbao Inc.
$11.09 -9.2% 1M -53.8% 1Y
Market cap
$400.42M
P/E
1.0x
Revenue (TTM)
$721.91M
Div. yield
–
Insurtech Technology
5 wins

Head to Head

10 decided of 12

Yuanbao leads on 5 of the 12 questions below (Yuanbao 5, Wipro 3, Formula Systems (1985) 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionFORTYWITYBLeader
Larger companyMarket capitalisation $1.96B $21.53B $400.42M WIT
Cheaper on earningsLower P/E, profitable companies only 3.1x 15.3x 1.0x YB
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 14.5x 2.6x YB
Faster revenue growthRevenue growth, trailing twelve months +24.8% -0.4% +37.2% YB
More profitableNet margin, trailing twelve months 21.6% 13.6% 57.3% YB
Better return on capitalReturn on invested capital 10.1% 16.6% — WIT
Less leveragedLower net debt / EBITDA — 0.4x — –
Higher dividend yieldTrailing dividend yield 11.85% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -13.5% -24.0% -53.8% FORTY
Better 5-year returnAnnualised price return, 5 years +3.6%/yr -15.0%/yr — FORTY
Less volatileAnnualised volatility, 1 year 55.2% 46.7% 51.2% WIT
Higher overall scoreMean of the five percentile scores vs peers 86/100 49/100 89/100 YB

Percentile Scorecard

FORTYWITYB

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisFORTYWITYB
Valuation 98 #2 of 50 37 #32 of 50 86 #15 of 99
Growth 91 #5 of 45 14 #39 of 45 93 #8 of 94
Profitability 83 #8 of 41 93 #4 of 41 99 #2 of 90
Financial Health 61 #25 of 62 56 #28 of 62 87 #15 of 105
Shareholder Returns 100 #1 of 30 48 #16 of 30 82 #12 of 61
Overall 86 49 89
  • FORTY ranked among 66 companies in Technology Services
  • WIT ranked among 66 companies in Technology Services
  • YB ranked among 109 companies in Fintech

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodFORTYWITYBSPY
1 month +11.3%+23.0%-9.2% -0.2%
3 months +12.3%+5.7%-16.7% +3.9%
6 months -3.4%0.0%-30.8% +8.2%
Year to date -23.4%-28.5%-45.3% +12.9%
1 year -13.5%-24.0%-53.8% +12.3%
3 years +128.7%-10.0%— +87.4%
3 years, per year +31.8%-3.4%— +23.3%
5 years +19.5%-55.5%— +67.9%
5 years, per year +3.6%-15.0%— +10.9%
10 years +231.6%+14.6%— +261.1%
10 years, per year +12.7%+1.4%— +13.7%

Risk

MeasureFORTYWITYBSPY
Volatility, 1Y 55.2%46.7%51.2% 12.7%
Downside volatility, 1Y 85.0%47.1%51.1% 12.7%
Beta vs S&P 500, 1Y 0.640.440.37 1.00
Return / volatility, 1Y -0.24-0.51-1.05 0.97
Max drawdown, 5Y -55.5%-66.8%-64.1% -25.4%
From 52-week high -32.8%-33.7%-53.8% -1.2%
52-week high $190.56$3.06$24.00 $779.14
52-week low $102.01$1.62$11.08 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleFORTYWITYB
P/E now vs peer median 3.1xmedian 17.4x 15.1xmedian 17.4x 1.0xmedian 20.0x
P/S now vs peer median 0.7xmedian 0.7x 2.1xmedian 0.7x 0.7xmedian 2.3x
EV/EBITDA now vs peer median —median 10.7x 10.9xmedian 10.7x —median 17.5x
P/FCF now vs peer median —median 11.5x 13.5xmedian 11.5x —median 15.9x
P/B now vs peer median 1.2xmedian 1.4x 2.6xmedian 1.4x 0.9xmedian 2.0x
PEG now vs peer median 0.03median 1.51 11.32median 1.51 —median 1.03

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsFORTYWITYB
Revenue $2.93B $10.37B $721.91M
Gross profit $580.29M $3.00B –
Operating income $249.80M $1.68B –
Net income $697.91M $1.43B $277.06M
Free cash flow – $1.57B –
R&D $21.15M – $59.06M
EPS (diluted) $39.97 $0.13 $8.68
Cash & equivalents $863.79M $992.00M $168.92M
Total debt $642.43M $7.07B –
Shares (diluted) 15.79M 10.50B 47.65M
Enterprise value -$936.34M $16.67B -$1.97B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricFORTYWITYB
P/E 3.1x 15.1x 1.0x
P/FCF – 13.5x –
P/Operating cash flow – 12.3x –
P/S 0.7x 2.1x 0.7x
P/B 1.2x 2.6x 0.9x
P/Tangible book 1.2x 2.7x 0.9x
EV/EBITDA – 10.9x –
EV/EBIT 5.1x 13.1x -0.9x
EV/Revenue 0.4x 2.1x -0.3x
EV/FCF – 14.1x –
EV/Operating cash flow – 12.8x –
PEG (3Y EPS CAGR) 0.03 11.32 –

Growth

14 metrics
MetricFORTYWITYB
Revenue growth (1Y) 24.8% -0.4% 37.2%
Revenue CAGR (3Y) 3.9% -2.4% –
Gross profit growth (1Y) 22.3% -4.6% –
Gross profit CAGR (3Y) -3.2% -3.1% –
Operating income growth (1Y) 26.5% -4.6% –
Operating income CAGR (3Y) 1.6% -36.3% –
Net income growth (1Y) 255.1% -9.5% 63.3%
Net income CAGR (3Y) 61.1% 0.1% –
EPS growth (1Y) 700.9% -10.4% 438.0%
EPS CAGR (3Y) 112.1% 1.3% –
Operating cash flow growth (1Y) – -8.4% –
Operating cash flow CAGR (3Y) – -3.2% –
Free cash flow growth (1Y) – -9.1% –
Free cash flow CAGR (3Y) – -8.2% –

Profitability

14 metrics
MetricFORTYWITYB
Gross margin 19.8% 28.9% –
EBITDA margin – 19.6% –
Operating margin 8.5% 16.2% –
Pretax margin 7.1% 17.9% 34.1%
Net margin 21.6% 13.6% 57.3%
FCF margin – 15.2% –
Operating cash flow margin – 16.7% –
Return on equity 40.1% 17.1% 50.4%
Return on assets 19.5% 10.1% 33.2%
Return on invested capital 10.1% 16.6% –
Return on capital employed 11.2% 17.6% 45.5%
Asset turnover 0.8x 0.7x 0.9x
Cash conversion (OCF / net income) – 1.2x –
Stock comp / revenue – 0.5% –

Financial Health

11 metrics
MetricFORTYWITYB
Debt / assets 4.8% 13.6% –
Debt / equity 0.1x 0.2x –
Net debt / EBITDA – 0.4x –
Debt / FCF – 1.2x –
Liabilities / assets 52.8% 41.4% 36.8%
Equity / assets 47.2% 58.6% 63.2%
Interest coverage – 8.4x –
Current ratio 1.5x 1.7x 2.9x
Quick ratio 1.4x 0.6x 2.8x
Cash ratio 0.6x 0.3x 2.5x
Altman Z-score – 4.22 3.53

Shareholder Returns

7 metrics
MetricFORTYWITYB
Dividend yield 11.9% 4.4% 11.4%
Net buyback yield – 0.0% –
Shareholder yield 11.9% 4.4% 11.4%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusFORTYWITYB
Forward P/E – 14.5xFY2026 2.6xFY2026
EPS, next fiscal year – $0.14FY2026 $4.25FY2026
EPS growth, next FY – 0.0%FY2026 +553.8%FY2026
EPS growth, the year after – -7.1% +21.2%
Revenue, next fiscal year – $10.90BFY2026 $881.23MFY2026
Revenue growth, next FY – +9.3%FY2026 +41.0%FY2026
Revenue growth, the year after – +1.3% +22.9%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersFORTYWITYB
Held by institutions – 3.1% 10.3%
Institutions holding – 297 23
Change in shares held, QoQ – -3.4% +20.8%
Institutions buying – 175 14
Institutions selling – 93 5
Buyers to sellers – 1.88 2.80

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

FORTYWITYB
FORTY 1.00 0.05 0.04
WIT 0.05 1.00 0.04
YB 0.04 0.04 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, FORTY, WIT and YB?

Wipro (WIT) is the largest by market capitalisation: Formula Systems (1985) (FORTY) $1.96B, Wipro (WIT) $21.53B, Yuanbao (YB) $400.42M.

Which stock is cheaper, FORTY, WIT and YB?

Yuanbao (YB) trades on the lowest price-to-earnings ratio (Formula Systems (1985) (FORTY) 3.1x, Wipro (WIT) 15.3x, Yuanbao (YB) 1.0x). On next year's consensus earnings, Yuanbao (YB) is cheapest (Wipro (WIT) 14.5x, Yuanbao (YB) 2.6x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Yuanbao (YB) grew revenue fastest over the trailing twelve months: Formula Systems (1985) (FORTY) +24.8%, Wipro (WIT) -0.4%, Yuanbao (YB) +37.2%.

Which company is more profitable?

Yuanbao (YB) has the highest net margin (Formula Systems (1985) (FORTY) 21.6%, Wipro (WIT) 13.6%, Yuanbao (YB) 57.3%). On return on invested capital, Wipro (WIT) leads (Formula Systems (1985) (FORTY) 10.1%, Wipro (WIT) 16.6%).

Which stock has performed better?

Over the past year Formula Systems (1985) (FORTY) returned the most: Formula Systems (1985) (FORTY) -13.5%, Wipro (WIT) -24.0%, Yuanbao (YB) -53.8%. Over five years, Formula Systems (1985) (FORTY) compounded fastest (Formula Systems (1985) (FORTY) +3.6%/yr, Wipro (WIT) -15.0%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Formula Systems (1985) (FORTY) 11.85%, Wipro (WIT) 0.00%, Yuanbao (YB) 0.00%. Wipro (WIT) and Yuanbao (YB) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Wipro (WIT) has been the steadiest (Formula Systems (1985) (FORTY) 55.2%, Wipro (WIT) 46.7%, Yuanbao (YB) 51.2%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, FORTY, WIT and YB?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Yuanbao (YB) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.