Formula Systems (1985) (FORTY) EV to EBIT (2009 - 2026)
Formula Systems (1985)'s (FORTY) quarterly EV to EBIT came in at 756488.42 in Q2 2026, down 80.86% on a YoY basis from 3952057.26 in Q2 2025, and up 5205663.97% quarter-over-quarter from 14.53 in Q1 2026.
Analysis
Formula Systems (1985) (FORTY) EV to EBIT (2009 - 2026) Analysis & Trends
Formula Systems (1985) (FORTY) has reported EV to EBIT for 18 consecutive years, with 756488.42 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EV to EBIT fell 80.86% year-over-year to 756488.42; the trailing twelve-month figure through Jun 2026 stood at 7.56 (down 53.37% YoY), and the FY2025 full-year result was 9.11, up 68.06% from the prior year.
- EV to EBIT improved to 756488.42 in Q2 2026 per FORTY's latest filing, from 14.53 in the prior quarter.
- Across five years, EV to EBIT topped out at 3952057.26 in Q2 2025 and bottomed at 14.53 in Q1 2026.
- Historically, EV to EBIT has averaged 261610.51 across 5 years, with a median of 25.89 in 2022.
- The sharpest annual moves came in 2025 and 2026: EV to EBIT jumped 19562064.83% in 2025, then plunged 80.86% in 2026.
- Over 5 years, EV to EBIT stood at 19.37 in 2022, then increased by 5.41% to 20.42 in 2023, then soared by 48.33% to 30.29 in 2024, then surged by 73.89% to 52.67 in 2025, then surged by 1436063.07% to 756488.42 in 2026.
- According to Business Quant data, EV to EBIT over the past three periods registered 756488.42, 14.53, and 52.67 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Infosys | 47.37 Bn | 47.42 Bn | 1.60 Bn |
| 2 | Cognizant Technology Solutions | 28.16 Bn | 27.11 Bn | 1.83 Bn |
| 3 | Cgi | 14.44 Bn | 13.86 Bn | - |
| 4 | EPAM Systems | 6.04 Bn | 5.25 Bn | 429.57 Mn |
| 5 | ExlService Holdings | 5.56 Bn | 5.27 Bn | 225.96 Mn |
| 6 | Science Applications International | 5.32 Bn | 5.20 Bn | 239.00 Mn |
| 7 | Kyndryl Holdings | 2.86 Bn | 850.31 Mn | 776.00 Mn |
| 8 | Formula Systems (1985) | 1.98 Bn | 1.56 Bn | 158.43 Mn |
| 9 | Innodata | 1.91 Bn | 1.66 Bn | 42.46 Mn |
| 10 | DXC Technology | 1.86 Bn | 135.62 Mn | 611.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 756,488.42 |
| Mar 31, 2026 | 14.53 |
| Dec 31, 2025 | 52.67 |
| Sep 30, 2025 | 54.05 |
| Jun 30, 2025 | 3.95 Mn |
| Mar 31, 2025 | 31.12 |
| Dec 31, 2024 | 30.29 |
| Sep 30, 2024 | 33.73 |
| Jun 30, 2024 | 20.20 |
| Mar 31, 2024 | 22.87 |
| Dec 31, 2023 | 20.42 |
| Sep 30, 2023 | 22.76 |
| Jun 30, 2023 | 21.93 |
| Mar 31, 2023 | 18.33 |
| Dec 31, 2022 | 19.37 |
| Sep 30, 2022 | 24.06 |
| Jun 30, 2022 | 29.41 |
| Mar 31, 2022 | 27.71 |
| Dec 31, 2021 | 34.38 |
| Sep 30, 2021 | 32.99 |