Formula Systems (1985) Ltd. (FORTY.TA)

Formula Systems (1985) Ltd. (FORTY.TA) — VMCI valuation read

Composite valuation read on FORTY.TA: VMCI 64/100 against a Technology sector median of 50. The 14-point above-median print is the headline number for Formula Systems (1985) Ltd., and at the mid-cap tier it reflects how the five pillars combine into a single decision-grade score.

Trailing 30-day insider activity for FORTY.TA: nothing material on SEC EDGAR. With the Form 4 channel quiet, the price-vs-DCF gap and the trailing margin trend carry more weight in the active read.

**Investor frame.** Value, quality, risk in three lines on FORTY.TA: FORTY.TA trades at 19.0x earnings, 6% above the Technology median of 18.0x; ROIC of 13.0% sits 3.0pp above the Technology median (10.0%); net debt to EBITDA of -2.1x leaves covenant headroom. EV/EBITDA at 14.0x versus 12.0x for Technology closes the value frame.

FORTY.TA rose 3.0% over the trailing 7 days, with a -5.8% read on a 30-day basis.