Loading...
F

ForgeRock Inc
NYSE:FORG

Watchlist Manager
ForgeRock Inc
NYSE:FORG
Watchlist
Price: 21.78 USD +0.46% Market Closed
Updated: Nov 30, 2022

Intrinsic Value

The intrinsic value of one FORG stock under the Base Case scenario is 10.95 USD. Compared to the current market price of 21.78 USD, ForgeRock Inc is Overvalued by 50%.

The Intrinsic Value is calculated as the average of the two valuation methods:

FORG Intrinsic Value
Base Case
10.95 USD
Overvaluation 50%
Intrinsic Value
Price
F
Worst Case
Base Case
Best Case

Fundamental Analysis

FORG Profitability Score
Profitability Due Diligence

ForgeRock Inc's profitability score is 25/100. The higher the profitability score, the more profitable the company is.

Negative 3-Year Average ROIC
Negative 3-Year Average ROE
Negative Free Cash Flow
Negative Operating Income
25/100
Profitability
Score

ForgeRock Inc's profitability score is 25/100. The higher the profitability score, the more profitable the company is.

FORG Solvency Score
Solvency Due Diligence

ForgeRock Inc's solvency score is 70/100. The higher the solvency score, the more solvent the company is.

Low Interest Coverage
Long-Term Liabilities
Low D/E
High Altman Z-Score
70/100
Solvency
Score

ForgeRock Inc's solvency score is 70/100. The higher the solvency score, the more solvent the company is.

Financials
Efficiency
81%
Gross Margin
-29%
Operating Margin
-31%
Net Margin
-19%
FCF Margin
-19%
ROE
-59%
ROIC
Other

FORG Capital Structure
ForgeRock Inc

Market Capitalization 1.9B USD
Total Debt 39.6M USD
Minority Interest 0 USD
Preferred Equity 0 USD
Cash and Equivalents 139M USD
Short-Term Investments 204M USD
Enterprise Value 1.6B USD

Wall St
Price Targets

FORG Price Targets Summary
ForgeRock Inc

Wall Street analysts forecast FORG stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for FORG is 22.32 USD .

Lowest
Price Target
Not Available
Average
Price Target
22.32 USD
2% Upside
Highest
Price Target
Not Available
View Analyst Estimates
View Analyst Estimates

Competitive Landscape

FORG Competitors
ForgeRock Inc

FORG Suppliers & Customers
ForgeRock Inc

ForgeRock Inc has 7 key suppliers from 2 countries and 4 industries. The majority of these suppliers are located in the United States of America, with the largest number of suppliers in the Technology industry.

ForgeRock Inc has 8 key customers from 3 countries and 5 industries. The majority of these customers are located in United Kingdom, with the largest number of customers in the Electrical Equipment industry.

Ownership

FORG Shareholders
Major Shareholders

Insiders own a significant part of the company.

Top 25 shareholders own 35.8% of the company. Insiders own 8.46%. The biggest insider is Rosch Francis C (President & CEO), who owns 3.79% of ForgeRock Inc.

Insiders
8.46%
Institutions
30.99%
Other
60.56%
Insiders
8.46%
Rosch Francis C
President & CEO
Ownership
3.793%
Market Value
70.3M USD
Shares
3 227 298
Riverwood Capital Partners Iii (Parallel - A) L.p.
10 percent owner
Ownership
1.8654%
Market Value
34.6M USD
Shares
1 587 163
Dewalt David S
Director
Ownership
0.6529%
Market Value
12.1M USD
Shares
555 505
Fernandez Juan P
CFO, Executive VP - Global
Ownership
0.6071%
Market Value
11.3M USD
Shares
516 588
Ott Alexander
Director
Ownership
0.6062%
Market Value
11.2M USD
Shares
515 775
Barker Peter M
Chief Product Officer & EVP
Ownership
0.535%
Market Value
9.9M USD
Shares
455 175
Angstadt Peter K Jr.
Chief Revenue Officer
Ownership
0.143%
Market Value
2.6M USD
Shares
121 654
Fleischmann Samuel J
Chief Legal Officer
Ownership
0.1203%
Market Value
2.2M USD
Shares
102 371
Madera Paul S
Director, 10 percent owner
Ownership
0.0259%
Market Value
480k USD
Shares
22 042
Golden Bruce
Director, 10 percent owner
Ownership
0.0145%
Market Value
269k USD
Shares
12 364
Walker Maria C
Director
Ownership
0.014%
Market Value
259k USD
Shares
11 903
Sethi Rinki
Director
Ownership
0.0133%
Market Value
247k USD
Shares
11 323
Parks Jeffrey T
Director, 10 percent owner
Ownership
0.0133%
Market Value
247k USD
Shares
11 323
Flower Johanna
Director
Ownership
0.0132%
Market Value
245k USD
Shares
11 256
Weiss Warren M
Director
Ownership
0.0131%
Market Value
242k USD
Shares
11 126
Mathew Arun
Director
Ownership
0.013%
Market Value
241k USD
Shares
11 062
Meritech Capital Associates Iv, L.l.c.
10 percent owner
Ownership
0.013%
Market Value
240k USD
Shares
11 022
Institutions
30.99%
Back

FORG Insider Trading
Buy and sell transactions by insiders

ForgeRock Inc insiders have only sold shares in the past 12 months.

During the last 12 months ForgeRock Inc insiders have not bought any shares, and sold 6.3M USD worth of shares. The last transaction was made on Nov 30, 2022 by Fernandez Juan P (CFO, Executive VP - Global), who sold 158k USD worth of FORG shares.

Sold
0-3
months
158k USD
1
3-6
months
0 USD
0
6-9
months
33.5k USD
1
9-12
months
5.7M USD
2
Bought
0-3
months
0
0 USD
3-6
months
No Insider Transactions
0
0 USD
6-9
months
0
0 USD
9-12
months
0
0 USD
Cumulative Transactions Amount
Period Sold Bought Net
3 Months
158k USD
N/A
-157.8k
6 Months
158k USD
N/A
-157.8k
9 Months
191k USD
N/A
-191.3k
12 Months
5.9M USD
N/A
-5.9M
Purchases
0
Sales
7
Why is insider trading important?

Shareholder Return

FORG Price
ForgeRock Inc

1M 1M
-3%
6M 6M
+14%
1Y 1Y
-19%
3Y 3Y
-40%
5Y 5Y
-40%
Annual Price Range
21.78
52w Low
12.34
52w High
28.06
Price Metrics
Average Annual Return
N/A
Standard Deviation of Annual Returns
N/A
Max Drawdown -74%

Company Profile

ForgeRock Inc

Country

United States of America

Industry

Technology

Market Cap

1.9B USD

Dividend Yield

0%

Description

ForgeRock, Inc. provides open platform of identity management solutions. The company is headquartered in San Francisco, California and currently employs 786 full-time employees. The company went IPO on 2021-09-16. The firm offers artificial intelligence (AI)-powered ForgeRock Identity Platform, which monetizes customer relationships, addresses regulations for privacy and consent, and leverage the Internet of Things. The firm's ForgeRock Identity Platform provides a full suite of identity management, access management, identity governance, identity cloud solution development kits, identity gateway, Edge security and AI-powered autonomous identity solutions. The firm offers its services to industries, such as financial services, healthcare, government, retail, manufacturing, telco and media, auto and smart mobility and insurance.

Contact

CALIFORNIA
San Francisco
201 Mission Street, Suite 2900
+14155991100.0
https://www.forgerock.com/

IPO

2021-09-16

Employees

786

Officers

Pres, CEO & Director
Mr. Francis C. Rosch
CFO & Exec. VP of Global Operations
Mr. Juan P. Fernandez
Exec. VP & Chief Product Officer
Mr. Peter M. Barker
Chief Technology Officer
Ms. Eve Maler
Chief Information Officer
Mr. David Burden
Head of Investor Relations
Mark Kang
Show More
Chief Legal Officer
Mr. Samuel J. Fleischmann
Chief Marketing Officer
Mr. Atri Chatterjee
Chief People Officer
Ms. Tschudy Smith
Chief Revenue Officer
Mr. Peter K Angstadt Jr.
Show Less

See Also

Similar Stocks
What is the Intrinsic Value of one FORG stock?

The intrinsic value of one FORG stock under the Base Case scenario is 10.95 USD.

Is FORG stock undervalued or overvalued?

Compared to the current market price of 21.78 USD, ForgeRock Inc is Overvalued by 50%.