Formula Systems (1985) FORTY
NASDAQ FORTY
$129.00 +3.28 (+2.61%)
At close: Sep 3, 2026 · 4:00 PM EDT

Formula Systems (1985) (FORTY) EV to EBITDA (2009 - 2026)

Formula Systems (1985)'s (FORTY) quarterly EV to EBITDA 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 EBITDA (2009 - 2026) Analysis & Trends

Formula Systems (1985) (FORTY) has reported EV to EBITDA for 18 consecutive years, with 756488.42 the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, EV to EBITDA 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 EBITDA improved to 756488.42 in Q2 2026 per FORTY's latest filing, from 14.53 in the prior quarter.
  • Across five years, EV to EBITDA topped out at 3952057.26 in Q2 2025 and bottomed at 14.53 in Q1 2026.
  • Historically, EV to EBITDA 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 EBITDA jumped 19562064.83% in 2025, then plunged 80.86% in 2026.
  • Over 5 years, EV to EBITDA 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 EBITDA 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

Historic Data

Download Data
DateValue
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