Forian Price To Book vs. Net Income
| FORA Stock | USD 2.09 0.04 1.95% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.86 | 0.7326 |
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For Forian profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Forian to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Forian Inc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Forian's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Forian Inc over time as well as its relative position and ranking within its peers.
Forian |
Forian's Revenue Breakdown by Earning Segment
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Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Forian. If investors know Forian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Forian listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.15) | Revenue Per Share 0.649 | Quarterly Revenue Growth (0.02) | Return On Assets (0.06) | Return On Equity 0.0563 |
The market value of Forian Inc is measured differently than its book value, which is the value of Forian that is recorded on the company's balance sheet. Investors also form their own opinion of Forian's value that differs from its market value or its book value, called intrinsic value, which is Forian's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Forian's market value can be influenced by many factors that don't directly affect Forian's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Forian's value and its price as these two are different measures arrived at by different means. Investors typically determine if Forian is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Forian's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Forian Inc Net Income vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Forian's current stock value. Our valuation model uses many indicators to compare Forian value to that of its competitors to determine the firm's financial worth. Forian Inc is rated # 3 in price to book category among its peers. It is one of the top stocks in net income category among its peers making up about 695,877 of Net Income per Price To Book. At present, Forian's Net Income is projected to decrease significantly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Forian's earnings, one of the primary drivers of an investment's value.Forian Net Income vs. Price To Book
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Forian |
| = | 2.49 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Forian |
| = | 1.73 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Forian Net Income Comparison
Forian is currently under evaluation in net income category among its peers.
Forian Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Forian, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Forian will eventually generate negative long term returns. The profitability progress is the general direction of Forian's change in net profit over the period of time. It can combine multiple indicators of Forian, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Operating Income | -5.6 M | -5.9 M | |
| Income Before Tax | 1.8 M | 1.9 M | |
| Total Other Income Expense Net | 7.4 M | 7.8 M | |
| Net Loss | -23.4 M | -24.5 M | |
| Net Income | 1.7 M | 1.8 M | |
| Income Tax Expense | 85.7 K | 90 K | |
| Net Interest Income | 951.4 K | 999 K | |
| Interest Income | 1.8 M | 1.9 M | |
| Net Loss | -6.6 M | -6.9 M | |
| Non Operating Income Net Other | 3.2 K | 2.9 K | |
| Change To Netincome | 15.7 M | 16.5 M | |
| Net Income Per Share | 0.35 | 0.36 | |
| Income Quality | 0.42 | 0.67 | |
| Net Income Per E B T | 6.11 | 6.41 |
Forian Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Forian. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Forian position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Forian's important profitability drivers and their relationship over time.
Use Forian in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Forian position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Forian will appreciate offsetting losses from the drop in the long position's value.Forian Pair Trading
Forian Inc Pair Trading Analysis
The ability to find closely correlated positions to Forian could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Forian when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Forian - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Forian Inc to buy it.
The correlation of Forian is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Forian moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Forian Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Forian can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Forian position
In addition to having Forian in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Moderate Funds
Funds or Etfs that combine stocks, bonds and money market instruments to get modest capital appreciation over time. The Moderate Funds theme has 43 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Moderate Funds Theme or any other thematic opportunities.
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Check out Investing Opportunities. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
To fully project Forian's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Forian Inc at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Forian's income statement, its balance sheet, and the statement of cash flows.