Formula Systems (1985) (FORTY) Enterprise Value (2009 - 2026)
Formula Systems (1985)'s Enterprise Value was $1.15 billion in Q2 2026, down 49.8% from $2.29 billion a year earlier but up 21.3% from the prior quarter.
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Analysis
Formula Systems (1985) (FORTY) Enterprise Value (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Formula Systems (1985)'s Enterprise Value was -$1.31 billion through Jun 30, 2026; for FY2025, it came in at $1.7 billion, up 12.8% from FY2024.
- Enterprise Value shows a five-year compound annual growth rate of 3.9% (FY2020 to FY2025).
- In earlier years, Enterprise Value was $1.51 billion in FY2024 (+42.2%), $1.06 billion in FY2023 (-8.8%), $1.17 billion in FY2022 (-42.6%) and $2.03 billion in FY2021 (+44.1%).
- Quarterly Enterprise Value has moved between $947.76 million (Q1 2026) and $2.95 billion (Q3 2025) over five years.
- Compared with a year earlier, Enterprise Value was higher in six of the last eight quarters, with growth averaging 18.0%.
- The best year-over-year quarter for Enterprise Value over five years was Q3 2025 (growth of 108.1%); the worst was Q2 2026 (a decline of 49.8%).
- Per Business Quant data, FORTY's Enterprise Value in the three quarters before Q2 2026 was $947.76 million (Q1 2026), $1.7 billion (Q4 2025) and $2.95 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Infosys | 52.25 Bn | 38.75 Bn | 1.60 Bn |
| 2 | Cognizant Technology Solutions | 32.15 Bn | 25.32 Bn | 1.83 Bn |
| 3 | Wipro | 21.74 Bn | 16.44 Bn | 738.00 Mn |
| 4 | Td Synnex | 19.84 Bn | 14.00 Bn | 1.43 Bn |
| 5 | Cdw | 19.79 Bn | 17.78 Bn | 1.32 Bn |
| 6 | Cgi | 17.64 Bn | 15.43 Bn | - |
| 7 | Arrow Electronics | 11.15 Bn | 10.10 Bn | 1.13 Bn |
| 8 | Avnet | 7.59 Bn | 6.77 Bn | 865.03 Mn |
| 9 | EPAM Systems | 6.93 Bn | 2.57 Bn | 429.57 Mn |
| 10 | Formula Systems (1985) | 1.83 Bn | -1.52 Bn | 158.43 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.15 Bn |
| Mar 31, 2026 | 947.76 Mn |
| Dec 31, 2025 | 1.68 Bn |
| Sep 30, 2025 | 2.95 Bn |
| Jun 30, 2025 | 2.29 Bn |
| Mar 31, 2025 | 1.54 Bn |
| Dec 31, 2024 | 1.55 Bn |
| Sep 30, 2024 | 1.42 Bn |
| Jun 30, 2024 | 1.31 Bn |
| Mar 31, 2024 | 1.43 Bn |
| Dec 31, 2023 | 1.16 Bn |
| Sep 30, 2023 | 1.33 Bn |
| Jun 30, 2023 | 1.32 Bn |
| Mar 31, 2023 | 1.11 Bn |
| Dec 31, 2022 | 1.17 Bn |
| Sep 30, 2022 | 1.85 Bn |
| Jun 30, 2022 | 2.16 Bn |
| Mar 31, 2022 | 2.22 Bn |
| Dec 31, 2021 | 1.41 Bn |
| Sep 30, 2021 | 6.67 Bn |
API Access
Formula Systems (1985) Enterprise Value 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=enterprise-value&ticker=FORTY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "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=enterprise-value&ticker=FORTY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();