` Comparison: FORA vs 2413 - Alpha Spread
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FORA
vs
2413

Over the past 12 months, FORA has underperformed M3 Inc, delivering a return of -23% compared to the M3 Inc's 16% drop.

Valuation Growth Profitability Solvency Stocks Performance
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FORA
2413
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Stocks Compared:
FORA 2413
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Valuation Comparison

FORA Intrinsic Value
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M3 Inc Intrinsic Value
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Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
Forian Inc
NASDAQ:FORA
2.1 USD
M3 Inc
TSE:2413
1 590 JPY
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Valuation Scenario:
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Growth Comparison

Growth Over Time
FORA, 2413

FORA
2413
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Revenue
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Company LTM Historical Growth Growth Streak % Positive Years Max Drawdown Volatility Forecasted Growth
3 Years 5 Years 10 Years 1 Year 3 Years
Forian Inc
Revenue
M3 Inc
Revenue

All metrics are calculated based on data from the last 10 years.

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Profitability Comparison

Free Cash Flow
FORA, 2413

FORA
2413
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Free Cash Flow
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Company LTM Average Historical Growth FCF Margin Conversion
3 Years 5 Years 3 Years 5 Years 10 Years
Forian Inc
NASDAQ:FORA
M3 Inc
TSE:2413
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What is Free Cash Flow?

Gross Margin

FORA
55.4%
M3 Inc
50.4%
LTM 3Y Avg 5Y Avg 10Y Avg
Forian Inc
M3 Inc

Operating Margin

FORA
-10%
M3 Inc
21.1%
LTM 3Y Avg 5Y Avg 10Y Avg
Forian Inc
M3 Inc

Net Margin

FORA
-3%
M3 Inc
14.4%
LTM 3Y Avg 5Y Avg 10Y Avg
Forian Inc
M3 Inc

FCF Margin

FORA
5%
M3 Inc
15.4%
LTM 3Y Avg 5Y Avg 10Y Avg
Forian Inc
M3 Inc

ROE

FORA
-2.9%
M3 Inc
13%
LTM 3Y Avg 5Y Avg 10Y Avg
Forian Inc
M3 Inc

ROA

FORA
-1.7%
M3 Inc
8.3%
LTM 3Y Avg 5Y Avg 10Y Avg
Forian Inc
M3 Inc

ROIC

FORA
-37.8%
M3 Inc
13.4%
LTM 3Y Avg 5Y Avg 10Y Avg
Forian Inc
M3 Inc

ROCE

FORA
-9.6%
M3 Inc
14.3%
LTM 3Y Avg 5Y Avg 10Y Avg
Forian Inc
M3 Inc

Solvency Comparison

Forian Inc
Equity Waterfall
Assets
Liabilities
Equity
What is Equity Waterfall?
M3 Inc
Equity Waterfall
Assets
Liabilities
Equity
What is Equity Waterfall?
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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
FORA, 2413

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FORA
2413
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Performance Gap
FORA, 2413

Performance Gap Between FORA and 2413
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Performance By Year
FORA, 2413

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FORA
2413
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