Forian Inc. (FORA)
NASDAQ: FORA · Real-Time Price · USD
1.990
+0.080 (4.19%)
At close: May 12, 2025, 4:00 PM
1.990
0.00 (0.00%)
After-hours: May 12, 2025, 4:05 PM EDT

Forian Statistics

Total Valuation

Forian has a market cap or net worth of $62.08 million. The enterprise value is $33.73 million.

Market Cap 62.08M
Enterprise Value 33.73M

Important Dates

The next estimated earnings date is Friday, May 23, 2025, after market close.

Earnings Date May 23, 2025
Ex-Dividend Date n/a

Share Statistics

Forian has 31.19 million shares outstanding. The number of shares has decreased by -3.60% in one year.

Current Share Class 31.19M
Shares Outstanding 31.19M
Shares Change (YoY) -3.60%
Shares Change (QoQ) -0.03%
Owned by Insiders (%) 58.67%
Owned by Institutions (%) 13.33%
Float 7.68M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 3.07
Forward PS 2.72
PB Ratio 2.05
P/TBV Ratio 2.15
P/FCF Ratio 219.48
P/OCF Ratio 219.48
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 1.67
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF 119.24

Financial Position

The company has a current ratio of 2.68, with a Debt / Equity ratio of 0.22.

Current Ratio 2.68
Quick Ratio 2.55
Debt / Equity 0.22
Debt / EBITDA n/a
Debt / FCF 23.81
Interest Coverage -8.91

Financial Efficiency

Return on equity (ROE) is -13.05% and return on invested capital (ROIC) is -8.83%.

Return on Equity (ROE) -13.05%
Return on Assets (ROA) -7.34%
Return on Invested Capital (ROIC) -8.83%
Return on Capital Employed (ROCE) -20.67%
Revenue Per Employee $419,860
Profits Per Employee -$78,564
Employee Count 48
Asset Turnover 0.37
Inventory Turnover n/a

Taxes

In the past 12 months, Forian has paid $66,583 in taxes.

Income Tax 66,583
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -24.05% in the last 52 weeks. The beta is 1.04, so Forian's price volatility has been similar to the market average.

Beta (5Y) 1.04
52-Week Price Change -24.05%
50-Day Moving Average 2.01
200-Day Moving Average 2.17
Relative Strength Index (RSI) 49.61
Average Volume (20 Days) 15,071

Short Selling Information

The latest short interest is 86,390, so 0.28% of the outstanding shares have been sold short.

Short Interest 86,390
Short Previous Month 96,002
Short % of Shares Out 0.28%
Short % of Float 1.13%
Short Ratio (days to cover) 3.39

Income Statement

In the last 12 months, Forian had revenue of $20.15 million and -$3.77 million in losses. Loss per share was -$0.12.

Revenue 20.15M
Gross Profit 12.82M
Operating Income -6.32M
Pretax Income 3.55M
Net Income -3.77M
EBITDA -6.25M
EBIT -6.32M
Loss Per Share -$0.12
Full Income Statement

Balance Sheet

The company has $35.08 million in cash and $6.73 million in debt, giving a net cash position of $28.35 million or $0.91 per share.

Cash & Cash Equivalents 35.08M
Total Debt 6.73M
Net Cash 28.35M
Net Cash Per Share $0.91
Equity (Book Value) 30.05M
Book Value Per Share 0.97
Working Capital 27.86M
Full Balance Sheet

Cash Flow

Operating Cash Flow 282,827
Capital Expenditures n/a
Free Cash Flow 282,827
FCF Per Share $0.01
Full Cash Flow Statement

Margins

Gross margin is 63.61%, with operating and profit margins of -31.34% and -18.71%.

Gross Margin 63.61%
Operating Margin -31.34%
Pretax Margin -18.38%
Profit Margin -18.71%
EBITDA Margin -31.03%
EBIT Margin -31.34%
FCF Margin 1.40%

Dividends & Yields

Forian does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield 3.60%
Shareholder Yield 3.60%
Earnings Yield -6.08%
FCF Yield 0.46%

Analyst Forecast

The average price target for Forian is $5.00, which is 151.26% higher than the current price. The consensus rating is "Strong Buy".

Price Target $5.00
Price Target Difference 151.26%
Analyst Consensus Strong Buy
Analyst Count 1
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Forian has an Altman Z-Score of 1.94 and a Piotroski F-Score of 2. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 1.94
Piotroski F-Score 2