Formula Systems (FORTY)
Formula Systems Return on Invested Capital: 15.33%
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FORTY Return on Invested Capital Rankings
| Overall | 84th percentile | 660 of 4158 |
| Sector | 81st percentile | 140 of 765 in Technology |
| Industry | 79th percentile | 11 of 54 in Business Software & Services |
FORTY Return on Invested Capital Range, Past 5 Years
| Minimum | 3.97% | Jun 2009 |
| Maximum | 15.33% | Dec 2011 |
| Average | 6.46% |
About Return on Invested Capital (ROIC)
ROIC is an acronym for "Return on Invested Capital", and it is a concept that doesn't have a fixed definition. In YCharts, it is the net income that a company earned as a percentage of all of the capital given to a company by shareholders and debt holders. It is a ratio that tries to answer the question: "If I gave $1 to this company, how much money could the company earn by investing that $1?" A ROIC of 5% means that the company can return $0.05 per dollar invested.
ROIC is often considered a more reasonable estimate of managerial performance than Return on Equity (ROE) because it takes into account investments by debt holders, which should be invested to increase net income.
It is also more reasonable than Return on Assets (ROA) because it only assumes that capital which was "invested" into the company can be used to earn income.
Learn More
You may also be interested in these FORTY related companies
FORTY News
May 08, 4:30AM PR Newswire
Apr 23, 7:50AM PR Newswire
Apr 16, 9:57AM PR Newswire
Mar 13, 4:46AM PR Newswire
Mar 07, 10:50AM Benzinga
Mar 01, 4:54AM PR Newswire
Feb 27, 11:53AM PR Newswire
Jan 31, 6:16AM PR Newswire
Nov 27, 11:36AM PR Newswire
Aug 31, 9:29AM FlyOnTheWall
Aug 18, 6:42AM Street Insider
Aug 10, 3:15AM PR Newswire
May 12, 7:24AM FlyOnTheWall
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| FORTY | 16.00 | -0.22 | -1.36% | 226.24M |
| FNSR | 14.91 | +0.32 | +2.19% | 1.325B |
| FNLC | 14.06 | -0.08 | -0.57% | 138.21M |
| FNK | 19.70 | +0.16 | +0.82% | |
| FNIO | 26.98 | +0.04 | +0.14% | |
| FNI | 18.97 | +0.41 | +2.21% | |
| FNGN | 21.16 | +0.25 | +1.20% | 962.07M |
| FNF | 19.21 | +0.27 | +1.43% | 4.197B |
| FNBND | 18.72 | -0.22 | -1.16% | |
| FNBN | 18.45 | -0.27 | -1.44% | 394.99M |
