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Forian Inc
NASDAQ:FORA

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Forian Inc
NASDAQ:FORA
Watchlist
Price: 2.7 USD 0.37% Market Closed
Updated: May 5, 2024
Section:
 

Relative Value

The Relative Value of one FORA stock under the Base Case scenario is 2.59 USD. Compared to the current market price of 2.7 USD, Forian Inc is Overvalued by 4%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

FORA Relative Value
Base Case
2.59 USD
Overvaluation 4%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

4.1
P/S
P/S
Price to Sales
4.1
vs History
65
vs Industry
32
Median 3Y
4.4
Median 5Y
4.4
Industry
2.4
Forward
3.5
More Details
7.5
P/E
P/E
Price to Earnings
7.5
vs History
27
vs Industry
44
Median 3Y
-4.1
Median 5Y
-4
Industry
23.4
Forward
175.3
More Details
114.5
P/OCF
P/OCF
Price to OCF
114.5
vs History
12
vs Industry
2
Median 3Y
-11.9
Median 5Y
-11.9
Industry
15.5
More Details
127.8
P/FCFE
P/FCFE
Price to FCFE
127.8
vs History
12
vs Industry
4
Median 3Y
-7.7
Median 5Y
-7.2
Industry
23.2
More Details
3.2
P/B
P/B
Price to Book Value
3.2
vs History
90
vs Industry
28
Median 3Y
7.2
Median 5Y
7.1
Industry
2.3
More Details
2.9
EV/S
EV/S
Enterprise Value to Sales
2.9
vs History
72
vs Industry
39
Median 3Y
4.3
Median 5Y
4.3
Industry
2.5
Forward
2.5
More Details
4
EV/GP
EV/GP
Enterprise Value to Gross Profit
4
vs History
72
vs Industry
52
Median 3Y
5.9
Median 5Y
5.8
Industry
5.3
More Details
Negative
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
N/A
vs History
vs Industry
Median 3Y
-5.6
Median 5Y
-5.4
Industry
12.6
Forward
29.8
More Details
Negative
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
N/A
vs History
vs Industry
Median 3Y
-4.9
Median 5Y
-4.8
Industry
17.2
Forward
-12.6
More Details
82.3
EV/OCF
EV/OCF
Enterprise Value to OCF
82.3
vs History
12
vs Industry
3
Median 3Y
-11
Median 5Y
-10.9
Industry
15.3
More Details
91.9
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
91.9
vs History
12
vs Industry
4
Median 3Y
-11.3
Median 5Y
-11.2
Industry
19.8
More Details
5.8
EV/IC
EV/IC
Enterprise Value to IC
5.8
vs History
57
vs Industry
15
Median 3Y
6.3
Median 5Y
6.1
Industry
2
More Details

Multiples Across Competitors

FORA Competitors Multiples
Forian Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Forian Inc
NASDAQ:FORA
83.5m USD 4.1 7.5 -11.4 -11.2
US
Veeva Systems Inc
NYSE:VEEV
32.8B USD 13.9 62.4 62.3 67
US
Cerner Corp
NASDAQ:CERN
27.9B USD 4.8 47.3 19.6 38.6
US
Change Healthcare Inc
NASDAQ:CHNG
9B USD 2.6 -116.8 16.5 111.6
AU
Pro Medicus Ltd
ASX:PME
11.9B AUD 81.1 170.1 117 117
US
Inspire Medical Systems Inc
NYSE:INSP
7.4B USD 11.8 -349 -184.9 -171.9
JP
M3 Inc
TSE:2413
1.1T JPY 4.8 24.1 12.5 14.1
US
Doximity Inc
NYSE:DOCS
4.5B USD 9.6 32.6 21.8 23.2
SE
Sectra AB
STO:SECT B
42.6B SEK 26 100.4 -66.1 -66.1
US
Evolent Health Inc
NYSE:EVH
3.1B USD 1.6 -21.7 25.6 272.8
US
Certara Inc
NASDAQ:CERT
2.8B USD 7.9 -50.8 46 461.6
P/E Multiple
Earnings Growth
US
Forian Inc
NASDAQ:FORA
Average P/E: 63.5
7.5
N/A
US
Veeva Systems Inc
NYSE:VEEV
62.4
139%
US
Cerner Corp
NASDAQ:CERN
47.3
N/A
US
Change Healthcare Inc
NASDAQ:CHNG
Negative Multiple: -116.8 N/A
AU
Pro Medicus Ltd
ASX:PME
170.1
119%
US
Inspire Medical Systems Inc
NYSE:INSP
Negative Multiple: -349 N/A
JP
M3 Inc
TSE:2413
24.1
26%
US
Doximity Inc
NYSE:DOCS
32.6
79%
SE
Sectra AB
STO:SECT B
100.4
56%
US
Evolent Health Inc
NYSE:EVH
Negative Multiple: -21.7 N/A
US
Certara Inc
NASDAQ:CERT
Negative Multiple: -50.8 N/A
EV/EBITDA Multiple
EBITDA Growth
US
Forian Inc
NASDAQ:FORA
Average EV/EBITDA: 40.2
Negative Multiple: -11.4 		N/A
US
Veeva Systems Inc
NYSE:VEEV
62.3
211%
US
Cerner Corp
NASDAQ:CERN
19.6
N/A
US
Change Healthcare Inc
NASDAQ:CHNG
16.5
N/A
AU
Pro Medicus Ltd
ASX:PME
117
124%
US
Inspire Medical Systems Inc
NYSE:INSP
Negative Multiple: -184.9 N/A
JP
M3 Inc
TSE:2413
12.5
24%
US
Doximity Inc
NYSE:DOCS
21.8
103%
SE
Sectra AB
STO:SECT B
Negative Multiple: -66.1 N/A
US
Evolent Health Inc
NYSE:EVH
25.6
194%
US
Certara Inc
NASDAQ:CERT
46
143%
EV/EBIT Multiple
EBIT Growth
US
Forian Inc
NASDAQ:FORA
Average EV/EBIT: 138.2
Negative Multiple: -11.2 		N/A
US
Veeva Systems Inc
NYSE:VEEV
67
238%
US
Cerner Corp
NASDAQ:CERN
38.6
N/A
US
Change Healthcare Inc
NASDAQ:CHNG
111.6
N/A
AU
Pro Medicus Ltd
ASX:PME
117
110%
US
Inspire Medical Systems Inc
NYSE:INSP
Negative Multiple: -171.9 N/A
JP
M3 Inc
TSE:2413
14.1
N/A
US
Doximity Inc
NYSE:DOCS
23.2
116%
SE
Sectra AB
STO:SECT B
Negative Multiple: -66.1 N/A
US
Evolent Health Inc
NYSE:EVH
272.8
2 086%
US
Certara Inc
NASDAQ:CERT
461.6
2 181%

See Also

Summary
FORA intrinsic value, competitors valuation, and company profile.
DCF Valuation
FORA stock valuation using Discount Cash Flow valuation method.
Relative Valuation
FORA stock valuation using valuation multiples.
Wall Street Estimates
FORA price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
FORA stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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