Forian Inc.

Forian Inc.verified

FORA

Price:

$2.35

Market Cap:

$73.11M

Forian Inc. provides software solutions, proprietary data driven insights, and predictive analytics to optimize the operational, clinical, and financial performance of its healthcare, cannabis, and government customers. It operates through three segments: Information & Software, Services, and Other. The company's products include BioTrack, a vertically integrated point of sale, manufacturing, delivery, and cultivator software solution for dispensaries, cultivators, manufacturers, and distributors; and Cannalytics, a Software as a Service based analytics solution that provides clients with a presentation of business performance. Its products also comprise BioTrack seed-to-sale compliance trac...[Read more]

Industry

Medical - Healthcare Information Services

IPO Date

2021-03-03

Stock Exchange

NASDAQ

Ticker

FORA

The ROE as of September 2024 (TTM) for Forian Inc. (FORA) is 7.48%

According to Forian Inc.’s latest financial reports and current stock price. The company's current ROE is 7.48%. This represents a change of 324.02% compared to the average of 1.77% of the last 4 quarters.

Forian Inc. (FORA) Historical ROE (quarterly & annually)

How has FORA ROE performed in the past?

The mean historical ROE of Forian Inc. over the last ten years is 19.65%. The current 7.48% ROE has changed -61.92% with respect to the historical average. Over the past ten years (40 quarters), FORA's ROE was at its highest in in the December 2019 quarter at 415.11%. The ROE was at its lowest in in the September 2020 quarter at -190.29%.

Quarterly (TTM)
Annual

Average

19.65%

Median

-44.17%

Minimum

-209.07%

Maximum

458.61%

Forian Inc. (FORA) ROE by Quarter and Year

Discovering the peaks and valleys of Forian Inc. 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 = 138.81%

Maximum Annual ROE = 458.61%

Minimum Annual Increase = -109.63%

Minimum Annual ROE = -209.07%

Quarterly (TTM)
Annual
YearROEChange
2023-1.62%-99.22%
2022-209.07%98.21%
2021-105.48%138.81%
2020-44.17%-109.63%

Forian Inc. (FORA) Average ROE

How has FORA ROE performed in the past?

The current ROE of Forian Inc. (FORA) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

-105.39%

5-year avg

19.65%

10-year avg

19.65%

Forian Inc. (FORA) ROE vs. Peers

How is FORA’s ROE compared to its peers?

Forian Inc.’s ROE is less than HealthStream, Inc. (5.19%), less than National Research Corporation (63.64%), greater than Computer Programs and Systems, Inc. (-0.35%), less than Tabula Rasa HealthCare, Inc. (102.98%), less than HealthEquity, Inc. (5.11%), greater than Health Catalyst, Inc. (-23.63%), less than NextGen Healthcare, Inc. (0%), greater than Agiliti, Inc. (-1.50%), greater than Veradigm Inc. (-3.07%), greater than Definitive Healthcare Corp. (0%), greater than null (-50.15%),

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