Forian Inc Stock EBITDA
| FORA Stock | USD 2.77 0.12 4.53% |
Forian Inc fundamentals help investors to digest information that contributes to Forian's financial success or failures. It also enables traders to predict the movement of Forian Stock. The fundamental analysis module provides a way to measure Forian's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Forian stock.
| Last Reported | Projected for Next Year | ||
| EBITDA | -4.9 M | -5.1 M |
Forian | EBITDA |
Forian Inc Company EBITDA Analysis
Forian's EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Current Forian EBITDA | (4.9 M) |
Most of Forian's fundamental indicators, such as EBITDA, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Forian Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Forian EBITDA Driver Correlations
Understanding the fundamental principles of building solid financial models for Forian is extremely important. It helps to project a fair market value of Forian Stock properly, considering its historical fundamentals such as EBITDA. Since Forian's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Forian's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Forian's interrelated accounts and indicators.
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In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
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Forian Ebitda
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According to the company disclosure, Forian Inc reported earnings before interest,tax, depreciation and amortization of (4.9 Million). This is 100.56% lower than that of the Health Care Equipment & Supplies sector and significantly lower than that of the Health Care industry. The ebitda for all United States stocks is 100.13% higher than that of the company.
Forian EBITDA Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Forian's direct or indirect competition against its EBITDA to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Forian could also be used in its relative valuation, which is a method of valuing Forian by comparing valuation metrics of similar companies.Forian is currently under evaluation in ebitda category among related companies.
Forian Institutional Holders
Institutional Holdings refers to the ownership stake in Forian that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Forian's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Forian's value.| Shares | Independent Advisor Alliance | 2023-12-31 | 25.5 K | Jpmorgan Chase & Co | 2023-12-31 | 24.7 K | Renaissance Technologies Corp | 2023-12-31 | 22.4 K | Pathstone Family Office, Llc | 2023-09-30 | 17.6 K | Millennium Management Llc | 2023-12-31 | 13.9 K | Coppell Advisory Solutions Llc | 2023-12-31 | 4.7 K | Tower Research Capital Llc | 2023-12-31 | 4.2 K | North Star Investment Management Corp | 2023-12-31 | 1.8 K | Bank Of America Corp | 2023-12-31 | 1.4 K | Oracle Investment Management Inc | 2023-12-31 | 1.4 M | Staley Capital Advisers Inc | 2023-12-31 | 1.1 M |
Forian Fundamentals
| Return On Equity | 0.0898 | ||||
| Return On Asset | -0.0594 | ||||
| Profit Margin | 0.54 % | ||||
| Operating Margin | (0.17) % | ||||
| Current Valuation | 59.04 M | ||||
| Shares Outstanding | 31.13 M | ||||
| Shares Owned By Insiders | 49.30 % | ||||
| Shares Owned By Institutions | 13.46 % | ||||
| Number Of Shares Shorted | 165.69 K | ||||
| Price To Book | 3.15 X | ||||
| Price To Sales | 4.03 X | ||||
| Revenue | 20.48 M | ||||
| Gross Profit | 21.13 M | ||||
| EBITDA | (4.9 M) | ||||
| Net Income | 1.73 M | ||||
| Cash And Equivalents | 20.63 M | ||||
| Cash Per Share | 0.64 X | ||||
| Total Debt | 23 M | ||||
| Debt To Equity | 1.79 % | ||||
| Current Ratio | 3.30 X | ||||
| Book Value Per Share | 0.85 X | ||||
| Cash Flow From Operations | 728.82 K | ||||
| Short Ratio | 3.19 X | ||||
| Earnings Per Share | 0.05 X | ||||
| Price To Earnings To Growth | 0.68 X | ||||
| Target Price | 4.75 | ||||
| Number Of Employees | 36 | ||||
| Beta | 1.03 | ||||
| Market Capitalization | 82.5 M | ||||
| Total Asset | 59.38 M | ||||
| Retained Earnings | (47.69 M) | ||||
| Working Capital | 50.44 M | ||||
| Net Asset | 59.38 M |
About Forian Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Forian Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Forian using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Forian Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Forian in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Forian's short interest history, or implied volatility extrapolated from Forian options trading.
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Try AI Portfolio ArchitectCheck out Forian Piotroski F Score and Forian Altman Z Score analysis. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Complementary Tools for Forian Stock analysis
When running Forian's price analysis, check to measure Forian's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Forian is operating at the current time. Most of Forian's value examination focuses on studying past and present price action to predict the probability of Forian's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forian's price. Additionally, you may evaluate how the addition of Forian to your portfolios can decrease your overall portfolio volatility.
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Is Forian's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Forian. If investors know Forian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Forian listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.05 | Revenue Per Share 0.639 | Quarterly Revenue Growth 0.08 | Return On Assets (0.06) | Return On Equity 0.0898 |
The market value of Forian Inc is measured differently than its book value, which is the value of Forian that is recorded on the company's balance sheet. Investors also form their own opinion of Forian's value that differs from its market value or its book value, called intrinsic value, which is Forian's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Forian's market value can be influenced by many factors that don't directly affect Forian's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Forian's value and its price as these two are different measures arrived at by different means. Investors typically determine if Forian is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Forian's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.