Formula (TA:FORTY) — Market Cap & Net Worth
Market Cap & Net Worth: Formula (FORTY)
Formula (TA:FORTY) has a market capitalization of $1.36 Billion (ILA507.58 Billion) as of June 19, 2026. Listed on the TA stock exchange, this Israel-based company holds position #7790 globally and #64 in its home market, demonstrating a -12.71% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Formula's stock price ILA33100.00 by its total outstanding shares 15334667 (15.33 Million). Review debt load of Formula to assess the company's total debt and financial obligations.
Formula Market Cap History: 2015 to 2026
Formula's market capitalization history from 2015 to 2026. Data shows growth from $397.77 Million to $1.36 Billion (11.24% CAGR).
Formula Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Formula's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
0.79x
Formula's market cap is 0.79 times its annual revenue
Latest Price to Earnings (P/E) Ratio
3.41x
Formula's market cap is 3.41 times its annual earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2016 | $594.25 Million | $1.11 Billion | $22.45 Million | 0.54x | 26.48x |
| 2017 | $557.48 Million | $1.36 Billion | $11.18 Million | 0.41x | 49.85x |
| 2018 | $530.82 Million | $1.49 Billion | $32.20 Million | 0.36x | 16.48x |
| 2019 | $908.36 Million | $1.70 Billion | $92.64 Million | 0.53x | 9.81x |
| 2020 | $1.08 Billion | $1.93 Billion | $112.49 Million | 0.56x | 9.59x |
| 2021 | $1.50 Billion | $2.41 Billion | $54.58 Million | 0.62x | 27.46x |
| 2022 | $1.02 Billion | $2.57 Billion | $201.47 Million | 0.40x | 5.07x |
| 2023 | $972.98 Million | $2.62 Billion | $64.01 Million | 0.37x | 15.20x |
| 2024 | $1.26 Billion | $2.76 Billion | $79.67 Million | 0.46x | 15.79x |
| 2025 | $2.24 Billion | $2.84 Billion | $656.50 Million | 0.79x | 3.41x |
Competitor Companies of FORTY by Market Capitalization
Companies near Formula in the global market cap rankings as of June 19, 2026.
Key companies related to Formula by market ranking:
- International Business Machines (NYSE:IBM): Ranked #75 globally with a market cap of $246.58 Billion USD.
- Accenture plc (NYSE:ACN): Ranked #263 globally with a market cap of $96.01 Billion USD.
- Tata Consultancy Services Limited (NSE:TCS): Ranked #297 globally with a market cap of $86.98 Billion USD ( Rs8.04 Trillion INR).
- Infosys Ltd ADR (NYSE:INFY): Ranked #518 globally with a market cap of $52.35 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #75 | International Business Machines | NYSE:IBM | $246.58 Billion | $262.35 |
| #263 | Accenture plc | NYSE:ACN | $96.01 Billion | $156.01 |
| #297 | Tata Consultancy Services Limited | NSE:TCS | $86.98 Billion | Rs2223.00 |
| #518 | Infosys Ltd ADR | NYSE:INFY | $52.35 Billion | $12.94 |
Formula Historical Marketcap From 2015 to 2026
Between 2015 and today, Formula's market cap moved from $397.77 Million to $ 1.36 Billion, with a yearly change of 11.24%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | ILA1.36 Billion | -39.27% |
| 2025 | ILA2.24 Billion | +78.10% |
| 2024 | ILA1.26 Billion | +29.30% |
| 2023 | ILA972.98 Million | -4.78% |
| 2022 | ILA1.02 Billion | -31.83% |
| 2021 | ILA1.50 Billion | +38.97% |
| 2020 | ILA1.08 Billion | +18.75% |
| 2019 | ILA908.36 Million | +71.12% |
| 2018 | ILA530.82 Million | -4.78% |
| 2017 | ILA557.48 Million | -6.19% |
| 2016 | ILA594.25 Million | +49.40% |
| 2015 | ILA397.77 Million | -- |
End of Day Market Cap According to Different Sources
On Jun 18th, 2026 the market cap of Formula was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $1.36 Billion USD |
| MoneyControl | $1.36 Billion USD |
| MarketWatch | $1.36 Billion USD |
| marketcap.company | $1.36 Billion USD |
| Reuters | $1.36 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Formula
Formula Systems (1985) Ltd., through its subsidiaries, provides proprietary and non-proprietary software solutions and information technologies (IT) professional services in Israel, the United States, Europe, Africa, Japan, and internationally. The company also offers software product marketing and support, computer infrastructure and integration solutions, and learning and integration. In additi… Read more