FONAR Corporation

FONAR Corporationverified

FONR

Price:

$16.49

Market Cap:

$104.35M

FONAR Corporation, together with its subsidiaries, engages in the research, development, production, and marketing of magnetic resonance imaging (MRI) scanners for the detection and diagnosis of human diseases in the United States. The company operates through two segments, Medical Equipment segment, and Physician Management and Diagnostic services segment. It provides Upright MRI scanner that allows patients to be scanned in weight-bearing conditions, such as standing, sitting, bending, or lying down. The company offers non-medical management, including administrative services, billing and collection services, credentialing services, contract negotiations, compliance consulting, purchasing ...[Read more]

Industry

Medical - Devices

IPO Date

1981-10-29

Stock Exchange

NASDAQ

Ticker

FONR

The ROE as of September 2024 (TTM) for FONAR Corporation (FONR) is 9.60%

According to FONAR Corporation’s latest financial reports and current stock price. The company's current ROE is 9.60%. This represents a change of 299.88% compared to the average of 2.40% of the last 4 quarters.

FONAR Corporation (FONR) Historical ROE (quarterly & annually)

How has FONR ROE performed in the past?

The mean historical ROE of FONAR Corporation over the last ten years is 20.58%. The current 9.60% ROE has changed -53.37% with respect to the historical average. Over the past ten years (40 quarters), FONR's ROE was at its highest in in the June 2014 quarter at 15.33%. The ROE was at its lowest in in the June 2020 quarter at 0.44%.

Quarterly (TTM)
Annual

Average

20.58%

Median

19.60%

Minimum

5.94%

Maximum

41.07%

FONAR Corporation (FONR) ROE by Quarter and Year

Discovering the peaks and valleys of FONAR Corporation ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 16.08%

Maximum Annual ROE = 41.07%

Minimum Annual Increase = -48.22%

Minimum Annual ROE = 5.94%

Quarterly (TTM)
Annual
YearROEChange
20235.94%-48.22%
202211.47%16.08%
20219.88%6.50%
20209.28%-47.57%
201917.69%-17.78%
201821.52%-15.08%
201725.34%-15.60%
201630.02%-10.73%
201533.63%-18.13%
201441.07%-33.20%

FONAR Corporation (FONR) Average ROE

How has FONR ROE performed in the past?

The current ROE of FONAR Corporation (FONR) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

9.09%

5-year avg

10.85%

10-year avg

20.58%

FONAR Corporation (FONR) ROE vs. Peers

How is FONR’s ROE compared to its peers?

FONAR Corporation’s ROE is greater than Burning Rock Biotech Limited (-74.92%), greater than Sera Prognostics, Inc. (-46.71%), greater than Olink Holding AB (publ) (-7.07%), less than LumiraDx Limited (122.57%), greater than Genetron Holdings Limited (-36.51%), greater than Exagen Inc. (-78.90%), greater than Castle Biosciences, Inc. (-0.77%), less than Sotera Health Company (9.59%), greater than Biodesix, Inc. (-525.32%), greater than Neuronetics, Inc. (-109.00%), less than Enzo Biochem, Inc. (61.16%),

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