Formula Systems (1985) (FORTY) Dividend Coverage Ratio (2017 - 2018)
Formula Systems (1985)'s (FORTY) Dividend Coverage Ratio stood at 23.35 in FY2025, up 804.6% from 2.58 in FY2024.
Analysis
Formula Systems (1985) (FORTY) Dividend Coverage Ratio (2017 - 2018) Analysis & Trends
Starting with FY2015, Formula Systems (1985)'s Dividend Coverage Ratio history includes 11 years.
- The FY2025 figure is the highest annual Dividend Coverage Ratio in data going back to FY2015.
- Per Business Quant data, FORTY's Dividend Coverage Ratio was 2.58 in FY2024 (-28.3%), 3.60 in FY2023 (-3.7%), 3.74 in FY2022 (+840.5%) and 0.40 in FY2021 (+10.4%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 52.40 Bn | 38.90 Bn | 1.60 Bn | - |
| 2 | Cognizant Technology Solutions | 32.46 Bn | 25.62 Bn | 1.83 Bn | 4.05 |
| 3 | Wipro | 22.47 Bn | 17.61 Bn | 745.00 Mn | - |
| 4 | Cdw | 20.15 Bn | 18.14 Bn | 1.32 Bn | 3.44 |
| 5 | Td Synnex | 19.94 Bn | 14.10 Bn | 1.43 Bn | - |
| 6 | Cgi | 17.74 Bn | 15.53 Bn | - | - |
| 7 | Arrow Electronics | 11.21 Bn | 10.16 Bn | 1.13 Bn | - |
| 8 | Avnet | 7.65 Bn | 6.83 Bn | 865.03 Mn | 4.40 |
| 9 | EPAM Systems | 7.01 Bn | 2.65 Bn | 429.57 Mn | - |
| 10 | Formula Systems (1985) | 1.83 Bn | -1.52 Bn | 158.43 Mn | - |
API Access
Formula Systems (1985) Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=FORTY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "FORTY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=FORTY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();