Formula Systems (FORTY) - Market capitalization

Market cap: A$1.94 Billion

As of November 2024 Formula Systems has a market cap of A$1.94 Billion. This makes Formula Systems the world's 5117th most valuable company by market cap according to our data. The market capitalization, commonly called market cap, is the total market value of a publicly traded company's outstanding shares and is commonly used to measure how much a company is worth.

Market cap history of Formula Systems from 1998 to 2024

End of year Market Cap

Year	Marketcap	Change
2024	A$1.94 B	32.77%
2023	A$1.46 B	-8.08%
2022	A$1.59 B	-37.86%
2021	A$2.56 B	49.8%
2020	A$1.71 B	15.64%
2019	A$1.48 B	92.39%
2018	A$0.77 B	0.65%
2017	A$0.76 B	-5.63%
2016	A$0.81 B	48.32%
2015	A$0.54 B	37.19%
2014	A$0.39 B	-5.04%
2013	A$0.41 B	107.08%
2012	A$0.20 B	3.51%
2011	A$0.19 B	-20.95%
2010	A$0.24 B	44.76%
2009	A$0.17 B	36.08%
2008	A$0.12 B	-34.28%
2007	A$0.19 B	-6.78%
2006	A$0.20 B	10.48%
2005	A$0.18 B	-35.92%
2004	A$0.28 B	16.92%
2003	A$0.24 B	71.25%
2002	A$0.14 B	-51.08%
2001	A$0.29 B	-39.42%
2000	A$0.48 B	-17.4%
1999	A$0.59 B	56.71%
1998	A$0.37 B

End of Day market cap according to different sources

On Nov 20th, 2024 the market cap of Formula Systems was reported to be:

A$1.88 Billion

by Nasdaq

A$1.94 Billion

by CompaniesMarketCap

Market capitalization for similar companies or competitors

Name	Marketcap	Market cap differencediff.	Country
Sapiens SPNS	A$2.32 B	19.16%	🇮🇱 Israel
Pegasystems PEGA	A$11.44 B	487.55%	🇺🇸 USA
IBM IBM	A$304.62 B	15,543.11%	🇺🇸 USA
FICO FICO	A$86.33 B	4,333.19%	🇺🇸 USA
Microsoft MSFT	A$4.742 T	243,430.21%	🇺🇸 USA
Oracle ORCL	A$811.47 B	41,570.51%	🇺🇸 USA
SAP SAP	A$420.87 B	21,512.64%	🇩🇪 Germany
HP HPQ	A$54.25 B	2,685.85%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Market capitalization of Formula Systems (FORTY)

Market cap: A$1.94 Billion