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NASDAQ: FORA
Forian Inc Stock

$2.52-0.14 (-5.26%)
Updated Apr 18, 2024
FORA Price
$2.52
Fair Value Price
N/A
Market Cap
$78.45M
52 Week Low
$1.85
52 Week High
$4.15
P/E
7.41x
P/B
3x
P/S
4.57x
PEG
N/A
Dividend Yield
N/A
Revenue
$20.48M
Earnings
$11.11M
Gross Margin
73.3%
Operating Margin
58.72%
Profit Margin
54.2%
Debt to Equity
1.25
Operating Cash Flow
$729k
Beta
0.66
Next Earnings
May 10, 2024
Ex-Dividend
N/A
Next Dividend
N/A

FORA Overview

Forian Inc. provides software solutions, proprietary data-driven insights, and predictive analytics to the healthcare, cannabis, and government sectors. The company's products include BioTrack, Cannalytics, BioTrack State Traceability & Enforcement Monitoring System, and STEMS. The company also offers security monitoring and web marketing services. The company is headquartered in Newtown, PA.

Zen Score

Industry Average (27)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how FORA scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

FORA is good value based on its earnings relative to its share price (7.41x), compared to the US market average (41.33x)
P/E vs Market Valuation
FORA is good value based on its earnings relative to its share price (7.41x), compared to the US Health Information Services industry average (74.25x)
P/E vs Industry Valuation
FORA is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation
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FORA News

Valuation

FORA fair value

Fair Value of FORA stock based on Discounted Cash Flow (DCF)
Price
$2.52
Fair Value
$2.81
Undervalued by
10.19%

FORA price to earnings (PE)

For valuing profitable companies with steady earnings
Company
7.41x
Industry
74.25x
Market
41.33x
FORA is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
FORA is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

FORA price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
3x
Industry
3.36x
FORA is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

FORA's financial health

Profit margin

Revenue
$5.4M
Net Income
$1.4M
Profit Margin
25.9%
FORA's Earnings (EBIT) of $12.03M... subscribe to Premium to read more.
Interest Coverage Financials
FORA's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$58.9M
Liabilities
$32.7M
Debt to equity
1.25
FORA's short-term assets ($57.28M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
FORA's short-term assets ($57.28M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
FORA's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
FORA's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$599.5k
Investing
$4.8M
Financing
-$3.5M
FORA's operating cash flow ($728.82k)... subscribe to Premium to read more.
Debt Coverage Financials

FORA vs Health Information Service Stocks

TickerMarket Cap1d %P/EP/B
FORA$78.45M-5.26%7.41x3.00x
SHLT$83.60M-1.54%-11.86x1.14x
BEAT$55.03M-3.24%-2.90x3.45x
EUDA$41.87M0.00%N/A-7.03x
LIFW$116.17M-11.98%-0.13x0.43x

Forian Stock FAQ

What is Forian's quote symbol?

(NASDAQ: FORA) Forian trades on the NASDAQ under the ticker symbol FORA. Forian stock quotes can also be displayed as NASDAQ: FORA.

If you're new to stock investing, here's how to buy Forian stock.

What is the 52 week high and low for Forian (NASDAQ: FORA)?

(NASDAQ: FORA) Forian's 52-week high was $4.15, and its 52-week low was $1.85. It is currently -39.28% from its 52-week high and 36.51% from its 52-week low.

How much is Forian stock worth today?

(NASDAQ: FORA) Forian currently has 31,131,835 outstanding shares. With Forian stock trading at $2.52 per share, the total value of Forian stock (market capitalization) is $78.45M.

Forian stock was originally listed at a price of $22.90 in Mar 3, 2021. If you had invested in Forian stock at $22.90, your return over the last 3 years would have been -89%, for an annualized return of -52.08% (not including any dividends or dividend reinvestments).

How much is Forian's stock price per share?

(NASDAQ: FORA) Forian stock price per share is $2.52 today (as of Apr 18, 2024).

What is Forian's Market Cap?

(NASDAQ: FORA) Forian's market cap is $78.45M, as of Apr 19, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Forian's market cap is calculated by multiplying FORA's current stock price of $2.52 by FORA's total outstanding shares of 31,131,835.
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