Formula Systems 1985 (FORTY)
(Delayed Data from NSDQ)
$69.07 USD
-2.33 (-3.26%)
Updated Jun 7, 2024 03:56 PM ET
NA Value
NA Growth NA Momentum NA VGMFundamental Charts
About Price to Cash Flow
The Price to Cash Flow ratio or P/CF is price divided by its cash flow per share. It's another great way to determine whether a company is undervalued or overvalued with the denominator being cash flow. One of the reasons why some investors prefer the P/CF ratio over the P/E ratio is because the net income of the cash flow portion rightly adds depreciation and amortization back in since these are not cash expenditures. In contrast, the net income that goes into the earnings portion of the P/E ratio does not add these in, thus artificially reducing the income and skewing the P/E ratio. Like the P/E ratio, a lower number is considered better. A value under 20 is generally considered good.
FORTY 69.07 -2.33(-3.26%)
Will FORTY be a Portfolio Killer in June?
Zacks Investment Research is releasing its prediction for FORTY based on the 1-3 month trading system that more than doubles the S&P 500.
Other News for FORTY
FORTY Stock Earnings: Formula Sys (1985) Reported Results for Q1 2024
Formula Systems: Q1 Earnings Snapshot
Formula Systems Reports First Quarter 2024 Financial Results
Formula Systems Reports Strong Q1 2024 Growth
Formula Systems reports Q1 results