Formula Systems (1985) (FRA:FSY) ROE % Adjusted to Book Value: 8.88% (As of Mar. 2026)


FRA:FSY Formula Systems (1985) Ltd FRA:FSY
66 GF Score
Price €87.50
GF Value €120.75
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Formula Systems (1985) ROE % Adjusted to Book Value?

Formula Systems (1985) FRA:FSY +0.57% 66 ROE % Adjusted to Book Value is 8.88% as of Mar. 2026. GuruFocus rates FRA:FSY with a GF Score™ of 66/100 and a GF Value™ of €120.75 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Formula Systems (1985)'s ROE % for the quarter that ended in Mar. 2026 was 10.48%. Formula Systems (1985)'s PB Ratio for the quarter that ended in Mar. 2026 was 1.18. Formula Systems (1985)'s ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 8.88%.


Formula Systems (1985) ROE % Adjusted to Book Value Related Terms


Formula Systems (1985) ROE % Adjusted to Book Value Historical Data

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The historical data trend for Formula Systems (1985)'s ROE % Adjusted to Book Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Formula Systems (1985) ROE % Adjusted to Book Value Chart

Formula Systems (1985) Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.29 8.05 7.10 6.45 31.89

Formula Systems (1985) Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Adjusted to Book Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.82 3.63 3.59 115.81 8.88

FRA:FSY vs IBM, ACN, FISV: ROE % Adjusted to Book Value Comparison

For the Information Technology Services subindustry, Formula Systems (1985)'s ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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) ROE % Adjusted to Book Value vs Software Industry

For the Software industry and Technology sector, Formula Systems (1985)'s ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Formula Systems (1985)'s ROE % Adjusted to Book Value falls into.


FRA:FSY
66GF Score
Formula Systems (1985) Ltd FRA:FSY
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Formula Systems (1985) ROE % Adjusted to Book Value Calculation

Formula Systems (1985)'s ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=57.41% / 1.80
=31.89%

Formula Systems (1985)'s ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=10.48% / 1.18
=8.88%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a ROE % Adjusted to Book Value of 8.88% mean?
Formula Systems (1985) (FRA:FSY) has a ROE % Adjusted to Book Value of 8.88% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Formula Systems (1985) and its competitors.
Is Formula Systems (1985)'s ROE % Adjusted to Book Value too high?
Formula Systems (1985)'s current ROE % Adjusted to Book Value is 8.88%. Overall, Formula Systems (1985) has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Formula Systems (1985)'s ROE % Adjusted to Book Value compare to IBM and ACN?
Formula Systems (1985)'s ROE % Adjusted to Book Value of 8.88% can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for a Software company?
A good ROE % Adjusted to Book Value depends on the Software industry context. However, ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Formula Systems (1985) and its competitors. Formula Systems (1985)'s current ROE % Adjusted to Book Value is 8.88%. 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 €120.75, compared to a current price of €87.50 — trading 27.5% below its estimated fair value. The current ROE % Adjusted to Book Value is 8.88%. Formula Systems (1985)'s overall GF Score™ is 66/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Formula Systems (1985) (FRA:FSY), the current ROE % Adjusted to Book Value is 8.88% as of Mar. 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 €87.50 is trading 27.5% below its estimated GF Value™ of €120.75. GuruFocus considers Formula Systems (1985) to be Modestly Undervalued.

Key valuation signals for FRA:FSY:

  • ROE % Adjusted to Book Value: 8.88%
  • GF Value™: €120.75 vs. price of €87.50 (27.5% below fair value)
  • GF Score™: 66/100 with 4 warning signs

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) Business Description

Other Exchanges FORTY:USAFORTY:Israel
Address Terminal Center, 1 Yahadut Canada Street, Or Yehuda, Tel Aviv, ISR, 6037501
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.
66GF Score

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ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€87.50
Price
€120.75
GF Value