Formula Systems (1985) (FORTY) Enterprise Value (2009 - 2026)

Formula Systems (1985) (FORTY) posted quarterly Enterprise Value of -$743.4 million for Q1 2026, down 538.73% year-on-year from $169.4 million in Q1 2025, and up 13.15% on a QoQ basis from -$856.0 million in Q4 2025.

Formula Systems (1985) (FORTY) Enterprise Value (2009 - 2026) Analysis & Trends

Formula Systems (1985) (FORTY) has reported Enterprise Value for 18 consecutive years, with -$743.4 million the latest figure, recorded in Q1 2026.

  • Quarterly Enterprise Value fell 538.73% year-over-year to -$743.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$743.4 million (down 538.73% YoY) and the FY2025 annual result came in at -$856.0 million, down 683.05% from the prior year.
  • Enterprise Value rose to -$743.4 million in Q1 2026 per FORTY's latest filing, from -$856.0 million in the prior quarter.
  • Over the last five years, Enterprise Value for FORTY reached as high as $797.9 million in Q3 2025 and fell as low as -$856.0 million in Q4 2025.
  • A 5-year average of $109.0 million and a median of $169.4 million in 2025 frame the typical range for Enterprise Value.
  • Annual changes were most pronounced in 2023 — Enterprise Value surged 681.49% — and 2025, when it plunged 683.05%.
  • Year by year, Enterprise Value stood at $56.7 million in 2022, then jumped by 171.91% to $154.3 million in 2023, then declined by 4.83% to $146.8 million in 2024, then tumbled by 683.05% to -$856.0 million in 2025, then gained by 13.15% to -$743.4 million in 2026.
  • According to Business Quant data, Enterprise Value over the past three periods registered -$743.4 million, -$856.0 million, and $797.9 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 International Business Machines 193.88 Bn 178.95 Bn 9.91 Bn -11.27 Bn
2 Accenture 84.94 Bn 75.26 Bn 6.13 Bn -9.68 Bn
3 GDS Holdings 50.55 Bn 48.40 Bn 164.04 Mn -2.14 Bn
4 Infosys 44.05 Bn 44.79 Bn 1.60 Bn -
5 Cgi 41.25 Bn 40.60 Bn - -649.32 Mn
6 Fidelity National Information Services 20.63 Bn 19.87 Bn 1.11 Bn -752.00 Mn
7 Cognizant Technology Solutions 20.39 Bn 18.87 Bn 1.78 Bn -1.52 Bn
8 Wipro 18.65 Bn 17.52 Bn 738.00 Mn -4.16 Bn
9 Broadridge Financial Solutions 16.79 Bn 16.48 Bn 626.90 Mn -304.80 Mn
10 Formula Systems (1985) 1.63 Bn 883.74 Mn 146.04 Bn -743.39 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -743.39 Mn
Dec 31, 2025 -855.95 Mn
Sep 30, 2025 797.92 Mn
Jun 30, 2025 333.45 Mn
Mar 31, 2025 169.44 Mn
Dec 31, 2024 146.81 Mn
Sep 30, 2024 190.55 Mn
Jun 30, 2024 210.00 Mn
Mar 31, 2024 158.51 Mn
Dec 31, 2023 154.25 Mn
Sep 30, 2023 174.14 Mn
Jun 30, 2023 174.09 Mn
Mar 31, 2023 555.83 Mn
Dec 31, 2022 56.73 Mn
Sep 30, 2022 89.13 Mn
Jun 30, 2022 170.33 Mn
Mar 31, 2022 71.12 Mn
Dec 31, 2021 -510.79 Mn
Sep 30, 2021 123.36 Mn
Jun 30, 2021 142.98 Mn