FORMULA SYSTEMS (1985) LTD. (FORTY) Return on equity 2010–2015
FORMULA SYSTEMS (1985) LTD. (FORTY) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
16.3%FY2015 · since FY2010: 9.3% → 16.3%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2015 | 16.3% | -4.4 pp |
| FY2014 | 20.7% | -4.5 pp |
| FY2013 | 25.3% | +15.7 pp |
| FY2012 | 9.5% | -10.1 pp |
| FY2011 | 19.6% | +10.3 pp |
| FY2010 | 9.3% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice