Forian Inc. (FORA)
Forian Statistics
Share Statistics
Forian has 31.02M shares outstanding. The number of shares has increased by 0.13% in one year.
| Shares Outstanding | 31.02M |
| Shares Change (YoY) | 0.13% |
| Shares Change (QoQ) | -0.3% |
| Owned by Institutions (%) | 15.22% |
| Shares Floating | 13.55M |
| Failed to Deliver (FTD) Shares | 36 |
| FTD / Avg. Volume | 0.14% |
Short Selling Information
The latest short interest is 146.7K, so 0.47% of the outstanding shares have been sold short.
| Short Interest | 146.7K |
| Short % of Shares Out | 0.47% |
| Short % of Float | 1.07% |
| Short Ratio (days to cover) | 11.61 |
Valuation Ratios
The PE ratio is 8.45 and the forward PE ratio is 26.84. Forian's PEG ratio is -0.06.
| PE Ratio | 8.45 |
| Forward PE | 26.84 |
| PS Ratio | 4.58 |
| Forward PS | 2.8 |
| PB Ratio | 3.58 |
| P/FCF Ratio | 143.65 |
| PEG Ratio | -0.06 |
Enterprise Valuation
Forian Inc. has an Enterprise Value (EV) of 110.81M.
| EV / Earnings | 9.98 |
| EV / Sales | 5.41 |
| EV / EBITDA | 40.29 |
| EV / EBIT | -19.8 |
| EV / FCF | 169.61 |
Financial Position
The company has a current ratio of 8.38, with a Debt / Equity ratio of 0.95.
| Current Ratio | 8.38 |
| Quick Ratio | 8.38 |
| Debt / Equity | 0.95 |
| Total Debt / Capitalization | 48.73 |
| Cash Flow / Debt | 0.03 |
| Interest Coverage | -6.7 |
Financial Efficiency
Return on equity (ROE) is 0.42% and return on capital (ROIC) is -10.44%.
| Return on Equity (ROE) | 0.42% |
| Return on Assets (ROA) | 0.19% |
| Return on Capital (ROIC) | -10.44% |
| Revenue Per Employee | $568,925.83 |
| Profits Per Employee | $308,519.08 |
| Employee Count | 36 |
| Asset Turnover | 0.35 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 85.74K |
| Effective Tax Rate | 0.05 |
Stock Price Statistics
The stock price has increased by -39.46% in the last 52 weeks. The beta is 1.07, so Forian's price volatility has been higher than the market average.
| Beta | 1.07 |
| 52-Week Price Change | -39.46% |
| 50-Day Moving Average | 2.26 |
| 200-Day Moving Average | 2.27 |
| Relative Strength Index (RSI) | 42.64 |
| Average Volume (20 Days) | 26.47K |
Income Statement
In the last 12 months, Forian had revenue of 20.48M and earned 11.11M in profits. Earnings per share was 0.35.
| Revenue | 20.48M |
| Gross Profit | 15M |
| Operating Income | -5.6M |
| Net Income | 11.11M |
| EBITDA | 2.75M |
| EBIT | -5.6M |
| Earnings Per Share (EPS) | 0.35 |
Balance Sheet
The company has 6.04M in cash and 24.88M in debt, giving a net cash position of -18.84M.
| Cash & Cash Equivalents | 6.04M |
| Total Debt | 24.88M |
| Net Cash | -18.84M |
| Retained Earnings | -47.69M |
| Total Assets | 57.51M |
| Working Capital | 25.73M |
Cash Flow
In the last 12 months, operating cash flow was 728.82K and capital expenditures -75.49K, giving a free cash flow of 653.33K.
| Operating Cash Flow | 728.82K |
| Capital Expenditures | -75.49K |
| Free Cash Flow | 653.33K |
| FCF Per Share | 0.02 |
Margins
Gross margin is 73.26%, with operating and profit margins of -27.32% and 54.23%.
| Gross Margin | 73.26% |
| Operating Margin | -27.32% |
| Pretax Margin | 8.88% |
| Profit Margin | 54.23% |
| EBITDA Margin | 13.43% |
| EBIT Margin | -27.32% |
| FCF Margin | 3.19% |
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 | 17.41% |
| FCF Yield | 1.05% |
Analyst Forecast
The average price target for FORA is $5, which is 148.8% higher than the current price. The consensus rating is "Buy".
| Price Target | $5 |
| Price Target Difference | 148.8% |
| Analyst Consensus | Buy |
| Analyst Count | 1 |
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 | 0.63 |
| Piotroski F-Score | 3 |