Forian Statistics

Share Statistics

Forian has 31.2M shares outstanding. The number of shares has increased by 0.29% in one year.

Shares Outstanding	31.2M
Shares Change (YoY)	0.29%
Shares Change (QoQ)	0.6%
Owned by Institutions (%)	13.35%
Shares Floating	13.03M
Failed to Deliver (FTD) Shares	219
FTD / Avg. Volume	2.37%

Short Selling Information

The latest short interest is 80.4K, so 0.26% of the outstanding shares have been sold short.

Short Interest	80.4K
Short % of Shares Out	0.26%
Short % of Float	0.57%
Short Ratio (days to cover)	5.42

Valuation Ratios

The PE ratio is -16.97 and the forward PE ratio is 21.44. Forian's PEG ratio is 0.13.

PE Ratio	-16.97
Forward PE	21.44
PS Ratio	3.18
Forward PS	1.9
PB Ratio	2.13
P/FCF Ratio	226.31
PEG Ratio	0.13

Financial Ratio History

Enterprise Valuation

Currently the Enterprise Value (EV) is not available for Forian.

EV / Sales	n/a
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	n/a

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	2.68
Debt / Equity	0.22
Debt / EBITDA	-2.31
Debt / FCF	23.76
Interest Coverage	-9.86

Financial Efficiency

Return on Equity is n/a and Return on Invested Capital is n/a.

Return on Equity	n/a
Return on Assets	n/a
Return on Invested Capital	n/a
Revenue Per Employee	$428.79K
Profits Per Employee	$-80.24K
Employee Count	47
Asset Turnover	0.43
Inventory Turnover	n/a

Taxes

Income Tax	66.58K
Effective Tax Rate	-1.8%

Stock Price Statistics

The stock price has increased by -22.18% in the last 52 weeks. The beta is 1, so Forian's price volatility has been higher than the market average.

Beta	1
52-Week Price Change	-22.18%
50-Day Moving Average	2.01
200-Day Moving Average	2.08
Relative Strength Index (RSI)	42.31
Average Volume (20 Days)	9,232

Income Statement

In the last 12 months, Forian had revenue of 20.15M and earned -3.77M in profits. Earnings per share was -0.12.

Revenue	20.15M
Gross Profit	12.82M
Operating Income	-6.99M
Net Income	-3.77M
EBITDA	-2.91M
EBIT	-3M
Earnings Per Share (EPS)	-0.12

Full Income Statement

Balance Sheet

The company has 4.59M in cash and 6.72M in debt, giving a net cash position of -2.13M.

Cash & Cash Equivalents	4.59M
Total Debt	6.72M
Net Cash	-2.13M
Retained Earnings	-49.92M
Total Assets	48.6M
Working Capital	27.83M

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 282.83K and capital expenditures 3, giving a free cash flow of 282.83K.

Operating Cash Flow	282.83K
Capital Expenditures	3
Free Cash Flow	282.83K
FCF Per Share	0.01

Full Cash Flow Statement

Margins

Gross margin is 63.61%, with operating and profit margins of -34.67% and -18.71%.

Gross Margin	63.61%
Operating Margin	-34.67%
Pretax Margin	-18.38%
Profit Margin	-18.71%
EBITDA Margin	-14.44%
EBIT Margin	-34.67%
FCF Margin	1.4%

Dividends & Yields

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

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Payout Ratio	n/a
Earnings Yield	n/a
FCF Yield	n/a

Dividend Details

Analyst Forecast

The average price target for FORA is $5, which is 159.1% higher than the current price. The consensus rating is "Buy".

Price Target	$5
Price Target Difference	159.1%
Analyst Consensus	Buy
Analyst Count	1

Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value	n/a
Lynch Upside	n/a
Graham Number	n/a
Graham Upside	n/a

Stock Splits

The last stock split was on Mar 3, 2021. It was a backward split with a ratio of 1:20.

Last Split Date	Mar 3, 2021
Split Type	backward
Split Ratio	1:20

Scores

Altman Z-Score	1.38
Piotroski F-Score	4

Forian Inc. (FORA)