포뮬러시스템즈(FORTY) 주가 전망 및 기업 분석 - PER·배당·실적·목표주가·RSI·MACD

FORTY

Formula Systems (1985) Ltd ADR

7월 24일 4:00 PM ET (한국 7/25 05:00)

$112.49

-1.51 ▼ -1.32%

🌙 7월 27일 4:10 PM ET (한국 7/28 05:10)

$107.00

-12.68 ▼ -10.59%

포뮬러시스템즈(FORTY) is a Technology sector company, analyzed across 14 metrics on this page including P/E, EPS, dividends, RSI, and MACD.

시가총액

$1.7B

스몰캡

P/E

2.8

저평가 구간

배당수익률

0.84%

52주 위치

19%

저점 +15% · 고점 -35%

애널리스트

Fundamental health

vs. Information Technology Services 소형주

수익성

Top 35%

성장

Top 86%

밸류에이션

Top 67%

재무 안정

Top 51%

Index ⓘ	-	P/E ⓘ	2.84	EPS (ttm) ⓘ	39.55	Insider Own ⓘ	6.4%	Shs Outstand ⓘ	14.8M	Perf Week ⓘ	2.5%
Market Cap ⓘ	1.72B	Forward P/E ⓘ	-	EPS next Y ⓘ	-	Insider Trans ⓘ	-	Shs Float ⓘ	14.3M	Perf Month ⓘ	5.62%
Enterprise Value ⓘ	1.66B	PEG ⓘ	-	EPS next Q ⓘ	-	Inst Own ⓘ	5.55%	Short Float ⓘ	-	Perf Quarter ⓘ	-12.3%
Income ⓘ	0.63B	P/S ⓘ	0.59	EPS this Y ⓘ	-	Inst Trans ⓘ	-	Short Ratio ⓘ	0.18	Perf Half Y ⓘ	-24.26%
Sales ⓘ	2.91B	P/B ⓘ	1.2	EPS next 5Y ⓘ	-	ROA ⓘ	1.78%	Short Interest ⓘ	0.00M	Perf YTD ⓘ	-25.96%
Book/sh ⓘ	93.8	P/C ⓘ	1.46	EPS past 3/5Y ⓘ	-29.54% -9.66%	ROE ⓘ	5.75%	52W High ⓘ	-35.11% ($173.35)	Perf Year ⓘ	-2.63%
Cash/sh ⓘ	77.16	P/FCF ⓘ	-	Sales past 3/5Y ⓘ	1.1% 6.34%	ROIC ⓘ	36.78%	52W Low ⓘ	14.87% ($97.93)	Perf 3Y ⓘ	72.2%
Dividend Est. ⓘ	$0.94 (0.84%)	EV/EBITDA ⓘ	-	EPS Y/Y TTM ⓘ	665.04%	Gross Margin ⓘ	21.06%	Volatility(W/M) ⓘ	2.18% 1.21%	Perf 5Y ⓘ	45.32%
Dividend TTM ⓘ	0.94	EV/Sales ⓘ	0.57	Sales Y/Y TTM ⓘ	3.32%	Oper. Margin ⓘ	7.63%	ATR (14) ⓘ	4.49	Perf 10Y ⓘ	238.87%
Dividend Ex-Date ⓘ	2026/5/22	Quick Ratio ⓘ	1.66	EPS Q/Q ⓘ	83.39%	Profit Margin ⓘ	21.54%	RSI (14) ⓘ	48.03	Recom ⓘ	-
Dividend Gr. 3/5Y ⓘ	5.94% 5.21%	Current Ratio ⓘ	1.68	Sales Q/Q ⓘ	-1.93%	SMA20 ⓘ	0.56% ($111.86)	Beta ⓘ	1.2	Target Price ⓘ	-
Payout ⓘ	57.74%	Debt/Eq ⓘ	0.49	Earnings ⓘ	2026/3/26	SMA50 ⓘ	-4.92% ($118.31)	Rel Volume ⓘ	0.06	Prev Close ⓘ	$114
Employees ⓘ	-	LT Debt/Eq ⓘ	0.23	EPS/Sales Surpr. ⓘ	-	SMA200 ⓘ	0.84% ($111.55)	Avg Volume(3M) ⓘ	0.00M	Price ⓘ	$112.49
IPO ⓘ	1997/10/20	Option/Short ⓘ	No/Yes			Trades ⓘ	25	Volume ⓘ	46	Change ⓘ	-1.32%

Quarterly earnings trend Quarterly earnings data is not yet available — foreign-listed companies (ADRs) only file annual reports with the U.S., and recently listed companies may not have filed their first quarterly report.

📊 Formula Systems (1985) Ltd ADR (FORTY) Investment Analysis

What kind of company is Formula Systems (1985) Ltd ADR?

포뮬러시스템즈(FORTY) 가치주

Technology · Information Technology Services

Technology Stocks

An Israel-based information technology holding company that encompasses both IT services and software businesses. It controls several subsidiaries engaged in insurance and financial software, enterprise integration solutions, and IT services, maintaining a diversified IT business portfolio. The company has established itself as a diversified IT holding company that combines software and IT services.

Learn more about Formula Systems (1985) Ltd ADR →

Market Cap

$1.7B

Approx. KRW 2.4 trillion

⚖️ 1% of Samsung Electronics

Market Cap Rank2232

IPO1997/10/20

Current Price$112.49 ≈ 154,111원

NASD · Israel

Key Events

⏰ Upcoming events

🔔 Earnings release

The next release date has not been announced yet.

🎯 Ex-dividend date

No scheduled dividends

📜 Recent events

🎯 Ex-div 2026년 5월 22일 (금) 주당 $9.76375

🔔 Earnings release 2026년 3월 26일 (목) · 장 시작 전

🎯 Ex-div 2025년 12월 30일 (화)

Is it profitable?

Solid company — profitability & finances both healthy

Strong earnings and excellent financial health

Profitability — How efficiently it makes money

Operating Margin

Profit kept from selling products and services (higher is better)

7.6%

✓ 양호

My positionMid-range

Low range Average High range

Information Technology Services 소형주 Median 7.4% · Top 48%

💡 일반적으로 10% 이상이면 양호, 20% 이상이면 우수

Net Margin

Share of revenue left after taxes and interest are paid

21.5%

✓ 우수

My positionTop 5%

Low range Average High range

Information Technology Services 소형주 Median 2.1% · Top tier

💡 일반적으로 8% 이상이면 양호, 15% 이상이면 우수

Gross Margin

Profit after subtracting raw-material costs only (signals product competitiveness)

21.1%

✓ 부진

My positionBottom 25%

Low range Average High range

Information Technology Services 소형주 Median 30.3% · Bottom 15%

💡 제조업 30%, IT/소프트웨어 50% 이상이면 우수 (업종별 편차 큼)

ROE

Annual return earned on shareholders' equity (15%+ is strong)

5.8%

✓ 양호

My positionMid-range

Low range Average High range

Technology 소형주 Median 1.2% · Top 39%

💡 일반적으로 15% 이상이면 우수 (단, 부채 레버리지 효과 주의)

ROA

Annual earnings relative to total company assets

1.8%

✓ 양호

My positionMid-range

Low range Average High range

Technology 소형주 Median 0.2% · Top 40%

💡 일반적으로 5% 이상이면 양호, 10% 이상이면 우수

ROIC

Return generated per dollar invested in the business

36.8%

✓ 우수

My positionTop 5%

Low range Average High range

Technology 소형주 Median 0.4% · Top tier

💡 자본비용(보통 8~10%)보다 높으면 가치 창출, 15% 이상이면 우수

Financial health — Debt & liquidity burden

Debt-to-Equity (D/E)

Debt relative to equity (lower is healthier)

0.49

✓ Healthy debt

My positionMid-range

Low range Average High range

Information Technology Services Median 0.57

💡 일반적으로 1.0 이하면 건전, 1.5까지는 무난 (금융·유틸·REIT는 구조적으로 높음)

Current Ratio

Liquid assets available to cover liabilities due within a year

1.68

✓ 양호

My positionMid-range

Low range Average High range

Information Technology Services Median 1.67

💡 1.5~3.0 적정, 1.0 미만이면 단기 유동성 주의

Quick Ratio

Liquid assets excluding inventory, available for immediate use

1.66

✓ 양호

My positionMid-range

Low range Average High range

Information Technology Services Median 1.66

💡 1.0 이상이면 안전, 0.5 미만이면 주의

* Ratings reflect relative position vs. peer-group distribution (same sector & size) plus absolute guards (loss & risk thresholds).

What's the outlook?

Outlook data is insufficient

Analyst estimates and price targets have not been collected.

Did earnings meet expectations?

Insufficient historical earnings data

No analyzable past earnings releases have been collected yet.

Is it growing?

Average Growth

Mid-range within the industry

Declining Growth EPS or revenue is declining — check for structural issues or economic sensitivity

📊 How much has it grown? (actual results)

Past 3-Year EPS

Actual average annual EPS growth over the past 3 years

-29.5%

매우 부진

My positionBottom 5%

Low range Average High range

가치주 소형주 Median 7.7% · Bottom tier

Past 5-Year EPS

Actual average annual EPS growth over the past 5 years

-9.7%

매우 부진

My positionBottom 5%

Low range Average High range

가치주 소형주 Median 10.6% · Bottom tier

Past 5-Year Revenue

How much revenue grew over the past 5 years

+6.3%

평균

My positionMid-range

Low range Average High range

가치주 소형주 Median 12.0% · Bottom 32%

⚡ Short-term momentum

QoQ Revenue

Revenue change from the previous quarter (short-term momentum)

-1.9%

평균

My positionMid-range

Low range Average High range

가치주 소형주 Median 4.2% · Bottom 26%

* Forecast values are analyst consensus estimates. Ratings are determined by relative position vs. peer group of the same growth style and size.

New to investing terms? Look it up in the financial dictionary →

Has the stock risen over the long term?

Underperformed the market by 23%p over 5 years

FORTY +45.3% · S&P 500 +68.3%

Excess return vs. market (price-based, ex-dividends)

5-year basis

vs S&P 500

-23.0%p

behind the market

vs Technology (XLK)

-82.6%p

Significantly behind the sector average

1-year basis

vs S&P 500

-18.6%p

behind the market

vs Technology (XLK)

-35.7%p

Significantly behind the sector average

Rank among peers

5-year return Top 11% Based on 14 peers

1-year return Top 24% Based on 17 peers

Current position within 52-week range

Low (-14.9%p) High (-35.1%p)

Current price is 14.9% above the 52-week low and 35.1% below the 52-week high

Recent risk (last 120 trading days)

Max drawdown

-35.7%

Annualized volatility

53.4%

Technical Indicators

Bollinger Bands · MACD · RSI · Stochastics · Ichimoku 5-line · recent 136-day series

Price · Bollinger Bands · Ichimoku Cloud

close
BB Upper
BB Mid
BB Lower
Tenkan
Kijun
Cloud (SpanA/B)

Bollinger Bands are upper and lower channels showing the closing price range (20 days · 2σ). Touching the upper band = overheated; touching the lower band = oversold. Ichimoku Cloud shows trend direction and strength through colored areas. Prices above the cloud indicate an uptrend; prices below indicate a downtrend. About Bollinger Bands →

🟢

Current diagnosis · 2026-07-27

Uptrend zone

Current price $112.49 above the midline ($109.06). Normal upward flow. Inside the Ichimoku cloud (neutral).

MACD (12 · 26 · 9) Expand ▼

An indicator that uses the difference between the short-term EMA (12) and long-term EMA (26) to identify trend reversals. When MACD rises above the Signal line, it is a buy signal (golden cross); when it falls below, it is a sell signal (death cross). About MACD →

🟡

Current diagnosis · 2026-07-27

Neutral zone — weak trend

MACD -1.543 · Signal -2.728 · Hist 1.185. Weak directional bias.

RSI(14) · Stochastics %K(14) Expand ▼

RSI measures short-term buying and selling pressure on a scale of 0–100. 30 or below = oversold (a rebound may be possible); 70 or above = overbought (a pullback may be possible). Stoch %K similarly measures short-term momentum strength. RSI · Learn more about Stochastics →

🟢

Current diagnosis · 2026-07-27

Bullish zone

RSI 51.1 (above the neutral level of 50). Buying pressure leads, supporting a steady rise. Stoch %K is also 51.0.

※ "Current diagnosis" is an automated interpretation based on standard thresholds and is for reference only. Make your own comprehensive judgment before trading.

Is it attractive at this price?

Cheaper than peers in its industry

Cheap on Vs. Earnings·Vs. Sales, In line with peers on Vs. Assets

💡 How to read this — Compare against peers in the same industry to see what the price is cheap or expensive relative to. Example: cheap vs. earnings = stock price is low relative to what the company earns; expensive vs. assets = stock price is high relative to assets on the balance sheet.

💵 Vs. Earnings Cheap

🏢 Vs. Assets Mid-range

🧾 Vs. Sales Cheap

💵 Vs. Earnings

PER Price-to-Earnings Ratio

How expensive the price is vs. earnings — lower is cheaper

2.84x

✓ Very cheap

My positionTop 5%

Low range Average High range

Information Technology Services median 13.88x · Top 1% — relatively cheap within the industry

💡 PER 15 이하 저평가, 25 이상이면 성장성 검증 필요 (적자 기업은 의미 없음)

🏢 Vs. Assets

PBR Price-to-Book Ratio

Price vs. the company's asset value — below 1 trades cheaper than assets

1.20x

✓ Fair

My positionMid-range

Low range Average High range

Information Technology Services 소형주 median 1.18x · Around the industry average

💡 PBR 1 미만이면 청산가치 이하 (금융·제조업에서 특히 의미, IT는 낮은 비중)

🧾 Vs. Sales

PSR Price-to-Sales Ratio

Market cap vs. revenue — lower is cheaper relative to sales

0.59x

✓ Cheap

My positionMid-range

Low range Average High range

Information Technology Services 소형주 median 0.60x · Around the industry average

💡 PSR 2 이하 저평가, 10 초과면 고평가 (고성장 기업일 때만 정당화)

* Valuation is the stock's relative position within the industry peer group (same sector and market-cap range). Even when valuation looks attractive, check the 'Profitability' and 'Growth' sections too.

As of: Recent snapshot · Peer group: Information Technology Services

Who owns it?

Ownership flow is positive

Short interest light 0.0%

📈 Recent trading flow (6 months)

🧑‍💼 Insiders (executives & directors)

0.0%

Insiders little change

🏦 Institutions (funds & investors)

No trading data for Institutions

💡 Net change over the past 6 months. Shows how much insiders and institutions increased or reduced their holdings, in %.

👥 Holdings composition

🏦 Institutions 5.5%

Retail-led

Technology 소형주 Median 55.5%

🧑‍💼 Insiders 6.4%

Meaningful insider stake

Technology 소형주 Median 17.2%

👤 Retail investors (estimated) 88.0%

Everyone excluding institutions and insiders

Institutions Insiders Retail (est.)

📉 Short-selling metrics

Short ratio

0.0%

Low — limited short-side pressure

Technology 소형주 Median 8.7%

Past 90 days Little change

Short interest days to cover

0.2 days

Days needed to close short positions using average trading volume

🧮 Share count

Total shares outstanding 14.8M주

Float (tradable shares) 14.3M주

* Insider/institutional flows are based on net changes over the past 6 months. Trend is cumulative over the past 90 days.

ETFs holding FORTY

ETFs with the highest weightings · 10 total shown

EIS

iShares MSCI Israel ETF

iShares International Developed Small Cap Value Factor ETF

0.17%

$317M

GWX

State Street SPDR S&P International Small Cap ETF

0.10%

$857M

SCHC

Schwab International Small-Cap Equity ETF

0.05%

$5.4B

* Based on official quarterly filings. Latest disclosure; actual current weights may differ.

How much does it pay in dividends?

배당 지급 — 연 0.84%

배당보다 주가 성장에 가까운 비중

Dividend Yield

0.84%

Industry average 1.11%

Dividend Per Share

$0.94

Annualized

Payout Ratio

58%

Share of net income paid as dividends

5-Year Growth

5.2%

Annualized dividend growth

📅 지급월 12월

📊 총 이력 2001~2025 (31건)

연도별 배당 총액 추이

주당 배당금을 연 단위로 합산한 금액입니다. 막대가 우상향이면 매년 배당이 늘어나고 있다는 뜻입니다.

$1.16 +32.6%

2016

$0.34 -70.7%

2017

$0.68 +100.0%

2018

$0.98 +44.0%

2019

$0.52 -46.8%

2020

$1.45 +177.4%

2021

$1.42 -1.7%

2022

$0.62 -56.3%

2023

$1.26 +103.2%

2024

$1.89 +49.6%

2025

$X.XX 그 해 총 배당금 +X% 전년 대비 증가 -X% 감소

최근 배당 이력 총 31건

아래로 스크롤하면 과거 배당 이력을 볼 수 있습니다.

배당락일

주당 금액

지급일

당시 수익률

2025-12-30

$0.502

—

1.13%

2025-07-07

$0.445

—

1.49%

2025-04-30

$0.941

—

1.78%

2024-09-12

$0.624

—

1.64%

2024-04-03

$0.638

—

1.55%

2023-06-02

$0.621

—

1.85%

2022-12-02

$0.630

—

1.80%

2022-04-11

$0.791

—

1.61%

2021-08-31

$0.781

—

2.02%

2021-02-17

$0.664

—

1.32%

2020-09-02

$0.521

—

1.61%

2019-12-23

$0.459

—

1.93%

2019-09-11

$0.520

—

1.39%

2018-12-28

$0.340

—

1.91%

2018-06-07

$0.340

—

1.75%

2017-10-16

$0.340

—

1.97%

2016-12-28

$0.480

—

2.86%

2016-07-11

$0.340

—

3.11%

2016-01-15

$0.340

—

2.79%

2015-07-16

$0.340

—

2.98%

2015-01-14

$0.535

—

5.94%

2014-07-10

$0.480

—

2.83%

2014-01-15

$0.310

—

2.48%

2013-06-28

$0.370

—

1.70%

2011-05-26

$0.710

—

3.96%

2010-04-01

$1.47

—

10.50%

2009-01-08

$2.27

—

51.78%

2008-04-07

$0.749

—

5.66%

2006-12-18

$1.43

—

11.26%

2005-05-16

$4.02

—

26.75%

2001-08-27

$0.555

—

3.13%

* "배당락일"은 배당받으려면 이 날 이전에 주식을 보유해야 하는 기준일입니다. 지급일·당시 수익률은 일부 종목에서 데이터가 없을 수 있습니다.

💰 내가 100만원 투자한다면

연간 배당금 (세후) 7,103원

5년 누적 (세후) 3.9만원

* 환율 1,370원, 세금 15% 반영. 5년 누적은 배당 성장률 연 5.21% 가정.

Compare Industry Peers

💡 vs. sector average ▲ Favorable / ▼ Unfavorable (Lower PER and PBR are better; higher ROE and dividend yield are better)

Sorted by market cap, largest first

Stock	Market Cap	PER	PBR	ROE	Dividend Yield	Change
FORTY This Stock	$1.7B	2.8 ▲	1.2 ▲	5.75% ▲	0.84% ▼	-1.3%
AAPL	$4.95T	40.8 ▼	46.4 ▼	141.47% ▲	0.32% ▼	+1.2%
NVDA	$4.76T	30.1 ▲	24.4 ▼	114.29% ▲	0.33% ▼	-5.0%
MSFT	$2.89T	23.2 ▲	7.0 ▼	34.01% ▲	0.95% ▼	+1.9%
TSM	$2.07T	28.8 ▲	11.2 ▼	40.06% ▲	1.03% ▼	-1.1%
AVGO	$1.82T	63.8 ▼	20.8 ▼	37.28% ▲	0.68% ▼	+0.4%
Sector Avg	-	31.1	3.0	1.77%	1.11%	-

FAQ

What kind of company is 포뮬러시스템즈(FORTY)?

포뮬러시스템즈(FORTY) belongs to the Technology sector and operates in the Information Technology Services industry.

What is the market cap of FORTY?

The market cap of FORTY is approximately $1.7B, ranking 2,232 within its sector.

Does FORTY pay dividends?

FORTY has a dividend yield of approximately 0.84%, with an annual dividend of $0.94.

What is the P/E ratio of FORTY?

FORTY has a P/E ratio of approximately 2.8x, which can be used to assess its valuation relative to the Technology sector average.

What is the 52-week high and low for FORTY?

FORTY has recorded a 52-week high of $173.35 and a low of $97.93.

면책조항: 본 콘텐츠는 참고 자료이며 투자 권유가 아닙니다. 모든 투자의 책임은 투자자 본인에게 있습니다.