Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Formula Systems (1985)FRA:FSY 70 3-Year EPS without NRI Growth Rate is -1.10% as of Jun. 2026. GuruFocus rates FRA:FSY with a GF Score™ of 70/100 and a GF Value™ of €114.38 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,061 Software companies, Formula Systems (1985) ranks worse than 68.27% on this metric.
During the past 12 months, Formula Systems (1985)'s average EPS without NRI Growth Rate was 54.80% per year.
During the past 3 years, the average EPS without NRI Growth Rate was -1.10% per year.
During the past 5 years, the average EPS without NRI Growth Rate was -3.00% per year.
During the past 10 years, the average EPS without NRI Growth Rate was 10.60% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average EPS without NRI growth rate.
During the past 13 years, the highest 3-Year average EPS without NRI Growth Rate of Formula Systems (1985) was 66.90% per year. The lowest was -49.40% per year. And the median was 17.00% per year.
Formula Systems (1985) (FRA:FSY) 3-Year EPS without NRI Growth Rate Explanation
EPS without NRI is the amount of earnings without non-recurring items per outstanding share of the company's stock.
Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists Earnings per share without Non-Recurring Items, which better reflects the company's underlying performance.
Formula Systems (1985) 3-Year EPS without NRI Growth Rate Related Terms
FRA:FSY vs IBM, ACN, CTSH: 3-Year EPS without NRI Growth Rate Comparison
For the Information Technology Services subindustry, Formula Systems (1985)'s 3-Year EPS without NRI Growth Rate, along with its competitors' market caps and 3-Year EPS without NRI Growth Rate data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Formula Systems (1985) 3-Year EPS without NRI Growth Rate vs Software Industry
For the Software industry and Technology sector, Formula Systems (1985)'s 3-Year EPS without NRI Growth Rate distribution charts can be found below:
* The bar in red indicates where Formula Systems (1985)'s 3-Year EPS without NRI Growth Rate falls into.
Formula Systems (1985) 3-Year EPS without NRI Growth Rate Calculation
This is the 3-year average growth rate of EPS without NRI. The growth rate is calculated using exponential compounding based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average EPS without NRI growth rate.
What does a 3-Year EPS without NRI Growth Rate of -1.10% mean?
Formula Systems (1985) (FRA:FSY) has a 3-Year EPS without NRI Growth Rate of -1.10% as of Jun. 2026. 3-Year EPS without NRI Growth Rate is the 3-year average growth rate of EPS without NRI. View historical data for Formula Systems (1985) and its competitors. According to the industry distribution chart, Formula Systems (1985) ranks #1407 out of 2061 companies in the Software industry, placing it in the top 68.3%.
Is Formula Systems (1985)'s 3-Year EPS without NRI Growth Rate too high?
Formula Systems (1985)'s current 3-Year EPS without NRI Growth Rate is -1.10%. Based on the distribution chart, Formula Systems (1985) ranks #1407 out of 2061 companies in the Software industry, which is below the industry midpoint. Overall, Formula Systems (1985) has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Formula Systems (1985)'s 3-Year EPS without NRI Growth Rate compare to IBM and ACN?
According to the Software industry distribution chart, Formula Systems (1985) ranks #1407 out of 2061 companies for 3-Year EPS without NRI Growth Rate. This places Formula Systems (1985) in the lower half of its industry. The industry median 3-Year EPS without NRI Growth Rate is 12.40. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year EPS without NRI Growth Rate for a Software company?
The median 3-Year EPS without NRI Growth Rate among Software companies is 12.40, based on 2,061 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year EPS without NRI Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year EPS without NRI Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year EPS without NRI Growth Rate mean?
A high 3-Year EPS without NRI Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year EPS without NRI Growth Rate is the 3-year average growth rate of EPS without NRI. View historical data for Formula Systems (1985) and its competitors. For the Software industry, the median 3-Year EPS without NRI Growth Rate is 12.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Formula Systems (1985)'s current 3-Year EPS without NRI Growth Rate is -1.10%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Formula Systems (1985) stock overvalued right now?
Based on GuruFocus' analysis, Formula Systems (1985) (FRA:FSY) is currently considered Modestly Undervalued. The stock's GF Value™ is €114.38, compared to a current price of €103.00 — trading 9.9% below its estimated fair value. The current 3-Year EPS without NRI Growth Rate is -1.10%. Formula Systems (1985)'s overall GF Score™ is 70/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year EPS without NRI Growth Rate calculated?
3-Year EPS without NRI Growth Rate is calculated from a company's financial statements. For Formula Systems (1985) (FRA:FSY), the current 3-Year EPS without NRI Growth Rate is -1.10% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Formula Systems (1985) (FRA:FSY) Overvalued in 2026?
Based on GuruFocus' analysis, Formula Systems (1985) stock appears to be undervalued.
The current stock price of €103.00 is trading 9.9% below its estimated GF Value™ of €114.38.
GuruFocus considers Formula Systems (1985) to be Modestly Undervalued.
Key valuation signals for FRA:FSY:
3-Year EPS without NRI Growth Rate: -1.10%
GF Value™: €114.38 vs. price of €103.00 (9.9% below fair value)
No single metric tells the full story. See the FRA:FSY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Formula Systems (1985) Ltd is an information technology company that is principally engaged through its directly and indirectly held investees in providing software consulting services, selling and marketing computer-based business solutions and hardware products from a wide range of domestic and international manufacturers, as well as developing proprietary software solutions. It delivers solutions in Israel and in numerous countries to customers with complex IT services needs. It designs and implements IT solutions and software systems that improve the productivity of customers' existing IT assets, enable them to effectively manage their operations and reduce their business risks in the face of changing business environments.
70GF Score
Get the complete analysis for FRA:FSY
3-Year EPS without NRI Growth Rate is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:FSY has been successfully added to your 
