FORTY vs INNV

Comparison between Formula Systems (1985) Ltd (FORTY, Company) and InnovAge Holding Corp (INNV, Company).

FORTY is from the Technology sector, while INNV is from the Healthcare sector.

5-Year PerformanceFORTY has outperformed INNV, delivering a return of +8.1% compared to -10.5%

FORTY vs INNV - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FORTY(COMPANY)	INNV(COMPANY)
Market Cap	$1.58B	$1.59B
Max Drawdown	95.97%	89.92%
Sharpe Ratio	0.16	1.64
5Y Beta	0.34	1.09
Industry	Information Technology Services	Medical Care Facilities
P/E Ratio	19.87	-136.90
Forward P/E	9.23	13.66
PEG Ratio	0.81	0.00
Dividend Yield	2.32%	N/A
5Y Dividends CAGR	70.76%	N/A
5Y EPS CAGR	-10.90%	N/A
Debt to Equity	12.91%	25.31%
Free Cash Flow Yield	20.49%	2.66%
P/S Ratio	0.60	1.72
P/B Ratio	1.19	6.93

Market Cap

FORTY

$1.58B

Winner

INNV

$1.59B

Max Drawdown

FORTY

95.97%

Winner

INNV

89.92%

Sharpe Ratio

FORTY

0.16

Winner

INNV

1.64

5Y Beta

Winner

FORTY

0.34

INNV

1.09

Industry

FORTY

Information Technology Services

INNV

Medical Care Facilities

P/E Ratio

FORTY

19.87

Winner

INNV

-136.90

Forward P/E

Winner

FORTY

9.23

INNV

13.66

PEG Ratio

FORTY

0.81

Winner

INNV

0.00

Dividend Yield

FORTY

2.32%

INNV

N/A

5Y Dividends CAGR

FORTY

70.76%

INNV

N/A

5Y EPS CAGR

FORTY

-10.90%

INNV

N/A

Debt to Equity

Winner

FORTY

12.91%

INNV

25.31%

Free Cash Flow Yield

Winner

FORTY

20.49%

INNV

2.66%

P/S Ratio

Winner

FORTY

0.60

INNV

1.72

P/B Ratio

Winner

FORTY

1.19

INNV

6.93

FORTY vs INNV - Historical Returns

Returns include dividend reinvestment.

Period	FORTY	INNV
1 month	-11.11%	+65.89%
3 months	-1.56%	+51.94%
6 months	-26.65%	+124.26%
1 year	-8.65%	+190.41%
5 years(CAGR)	+8.11%	-10.49%
10 years(CAGR)	+16.18%	N/A
Max(CAGR)	+9.60%	-12.16%

FORTY

-11.11%

Winner

INNV

+65.89%

FORTY

-1.56%

Winner

INNV

+51.94%

FORTY

-26.65%

Winner

INNV

+124.26%

FORTY

-8.65%

Winner

INNV

+190.41%

5Y(CAGR)

Winner

FORTY

+8.11%

INNV

-10.49%

10Y(CAGR)

FORTY

+16.18%

INNV

N/A

Max(CAGR)

Winner

FORTY

+9.60%

INNV

-12.16%

FORTY vs INNV - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	FORTY	INNV
2026	-26.65%	+133.33%
2025	+105.36%	+31.73%
2024	+39.05%	-36.92%
2023	-6.65%	-17.01%
2022	-40.77%	+43.31%
2021	+49.74%	-79.34%
2020	+25.85%	N/A
2019	+93.92%	N/A
2018	-15.35%	N/A
2017	+1.49%	N/A
2016	+54.79%	N/A
2015	+23.35%	N/A
2014	-12.96%	N/A
2013	+50.90%	N/A
2012	-0.90%	N/A
2011	-22.73%	N/A
2010	+68.67%	N/A
2009	+91.88%	N/A
2008	-46.94%	N/A
2007	-2.88%	N/A
2006	+19.68%	N/A
2005	-31.23%	N/A
2004	-0.06%	N/A
2003	+100.59%	N/A
2002	-51.77%	N/A
2001	-40.58%	N/A
2000	-32.43%	N/A
1999	+58.26%	N/A

FORTY vs INNV Drawdown Comparison

The maximum drawdown for FORTY was -92.58%, occurring on Mar 9, 2009. Recovery took 4147 trading sessions.

The maximum drawdown for INNV was -89.92%, occurring on Apr 8, 2025. This drawdown has not yet recovered.

The current FORTY drawdown is -35.52%. The current INNV drawdown is -53.49%.

Rank	FORTY	INNV
#1	-92.58% Mar 1, 2000 - Aug 24, 2016	-89.92% Mar 11, 2021 - Apr 8, 2025
#2	-54.37% Nov 15, 2021 - Jun 30, 2025	-4.34% Mar 4, 2021 - Mar 9, 2021
#3	-49.16% Jan 13, 2020 - May 20, 2020	N/A
#4	-41.95% Dec 24, 2025 - Mar 31, 2026	N/A
#5	-27.54% Jan 22, 2018 - Apr 4, 2019	N/A
#6	-23.56% Aug 18, 2020 - Aug 30, 2021	N/A
#7	-20.24% Jul 7, 2025 - Sep 5, 2025	N/A
#8	-19.64% May 16, 2017 - Jan 8, 2018	N/A
#9	-18.13% Jan 20, 2000 - Feb 7, 2000	N/A
#10	-17.61% Dec 14, 1999 - Jan 14, 2000	N/A
#11	-13.99% Jun 18, 2020 - Aug 4, 2020	N/A
#12	-13.85% Dec 12, 2019 - Jan 13, 2020	N/A
#13	-13.33% Jan 6, 2017 - Feb 23, 2017	N/A
#14	-12.66% Apr 10, 2019 - Jul 10, 2019	N/A
#15	-11.98% Sep 12, 2025 - Oct 9, 2025	N/A