VERTICALSCOPE HD SUB VOT (FORA.CA) Stock Fundamental Analysis

TSX:FORA • CA92537Y1043

2.7 CAD
-0.02 (-0.74%)
Last: Feb 12, 2026, 07:00 PM
Fundamental Rating

4

Overall FORA gets a fundamental rating of 4 out of 10. We evaluated FORA against 11 industry peers in the Interactive Media & Services industry. No worries on liquidiy or solvency for FORA as it has an excellent financial health rating, but there are worries on the profitability. FORA does not seem to be growing, but still is valued expensively.


Dividend Valuation Growth Profitability Health

3

1. Profitability

1.1 Basic Checks

  • FORA had negative earnings in the past year.
  • FORA had a positive operating cash flow in the past year.
  • FORA had negative earnings in each of the past 5 years.
  • FORA had a positive operating cash flow in each of the past 5 years.
FORA.CA Yearly Net Income VS EBIT VS OCF VS FCFFORA.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2018 2019 2020 2021 2022 2023 2024 0 10M -10M 20M -20M

1.2 Ratios

  • FORA's Return On Assets of -4.00% is amongst the best of the industry. FORA outperforms 90.91% of its industry peers.
  • With an excellent Return On Equity value of -6.40%, FORA belongs to the best of the industry, outperforming 90.91% of the companies in the same industry.
Industry RankSector Rank
ROA -4%
ROE -6.4%
ROIC N/A
ROA(3y)-5.73%
ROA(5y)-4.91%
ROE(3y)-12.18%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
FORA.CA Yearly ROA, ROE, ROICFORA.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2018 2019 2020 2021 2022 2023 2024 0 -10 -20 -30

1.3 Margins

  • In the last couple of years the Operating Margin of FORA has grown nicely.
  • FORA does not have Profit Margin and Operating Margin and Gross Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM N/A
OM growth 3YN/A
OM growth 5Y10.75%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
FORA.CA Yearly Profit, Operating, Gross MarginsFORA.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2018 2019 2020 2021 2022 2023 2024 0 10 -10 -20 -30

8

2. Health

2.1 Basic Checks

  • FORA does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • Compared to 1 year ago, FORA has less shares outstanding
  • FORA has more shares outstanding than it did 5 years ago.
  • The debt/assets ratio for FORA has been reduced compared to a year ago.
FORA.CA Yearly Shares OutstandingFORA.CA Yearly Shares OutstandingYearly Shares Outstanding 2019 2020 2021 2022 2023 2024 5M 10M 15M 20M
FORA.CA Yearly Total Debt VS Total AssetsFORA.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M

2.2 Solvency

  • FORA has an Altman-Z score of -0.05. This is a bad value and indicates that FORA is not financially healthy and even has some risk of bankruptcy.
  • Looking at the Altman-Z score, with a value of -0.05, FORA belongs to the top of the industry, outperforming 81.82% of the companies in the same industry.
  • The Debt to FCF ratio of FORA is 2.10, which is a good value as it means it would take FORA, 2.10 years of fcf income to pay off all of its debts.
  • FORA has a Debt to FCF ratio of 2.10. This is amongst the best in the industry. FORA outperforms 90.91% of its industry peers.
  • FORA has a Debt/Equity ratio of 0.47. This is a healthy value indicating a solid balance between debt and equity.
  • With an excellent Debt to Equity ratio value of 0.47, FORA belongs to the best of the industry, outperforming 81.82% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.47
Debt/FCF 2.1
Altman-Z -0.05
ROIC/WACCN/A
WACC6.98%
FORA.CA Yearly LT Debt VS Equity VS FCFFORA.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2018 2019 2020 2021 2022 2023 2024 0 20M -20M 40M 60M 80M 100M

2.3 Liquidity

  • FORA has a Current Ratio of 2.16. This indicates that FORA is financially healthy and has no problem in meeting its short term obligations.
  • FORA has a better Current ratio (2.16) than 81.82% of its industry peers.
  • A Quick Ratio of 2.16 indicates that FORA has no problem at all paying its short term obligations.
  • FORA has a better Quick ratio (2.16) than 81.82% of its industry peers.
Industry RankSector Rank
Current Ratio 2.16
Quick Ratio 2.16
FORA.CA Yearly Current Assets VS Current LiabilitesFORA.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2019 2020 2021 2022 2023 2024 10M 20M 30M

1

3. Growth

3.1 Past

  • The earnings per share for FORA have decreased strongly by -276.92% in the last year.
  • The Revenue has decreased by -6.57% in the past year.
  • The Revenue has been growing slightly by 3.39% on average over the past years.
EPS 1Y (TTM)-276.92%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-133.33%
Revenue 1Y (TTM)-6.57%
Revenue growth 3Y1.64%
Revenue growth 5Y3.39%
Sales Q2Q%-17.42%

3.2 Future

  • No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
  • Based on estimates for the next years, FORA will show a decrease in Revenue. The Revenue will decrease by -1.84% on average per year.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-12.84%
Revenue Next 2Y-5.28%
Revenue Next 3Y-1.84%
Revenue Next 5YN/A

3.3 Evolution

  • No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
FORA.CA Yearly Revenue VS EstimatesFORA.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 20M 40M 60M 80M
FORA.CA Yearly EPS VS EstimatesFORA.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2021 2022 2023 2024 2025 2026 2027 0 -0.5 -1

2

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings Ratio is negative for FORA. In the last year negative earnings were reported.
  • Also next year FORA is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
Industry RankSector Rank
PE N/A
Fwd PE N/A
FORA.CA Price Earnings VS Forward Price EarningsFORA.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 10 -10 20 -20

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, FORA is valued cheaply inside the industry as 90.91% of the companies are valued more expensively.
  • Based on the Price/Free Cash Flow ratio, FORA is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 2.2
EV/EBITDA 4.51
FORA.CA Per share dataFORA.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 1 2 3 4 5

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A

0

5. Dividend

5.1 Amount

  • No dividends for FORA!.
Industry RankSector Rank
Dividend Yield 0%

VERTICALSCOPE HD SUB VOT

TSX:FORA (2/12/2026, 7:00:00 PM)

2.7

-0.02 (-0.74%)

Chartmill FA Rating
GICS IndustryGroupMedia & Entertainment
GICS IndustryInteractive Media & Services
Earnings (Last)11-05
Earnings (Next)03-10
Inst Owners19.76%
Inst Owner ChangeN/A
Ins Owners3.82%
Ins Owner ChangeN/A
Market Cap58.08M
Revenue(TTM)62.65M
Net Income(TTM)-5.29M
Analysts74.29
Price Target5.66 (109.63%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)8.56%
Min EPS beat(2)-22.55%
Max EPS beat(2)39.67%
EPS beat(4)1
Avg EPS beat(4)-38.63%
Min EPS beat(4)-145.96%
Max EPS beat(4)39.67%
EPS beat(8)5
Avg EPS beat(8)215.29%
EPS beat(12)9
Avg EPS beat(12)166.73%
EPS beat(16)9
Avg EPS beat(16)56.44%
Revenue beat(2)1
Avg Revenue beat(2)-1.66%
Min Revenue beat(2)-6.46%
Max Revenue beat(2)3.14%
Revenue beat(4)1
Avg Revenue beat(4)-1.27%
Min Revenue beat(4)-6.46%
Max Revenue beat(4)3.14%
Revenue beat(8)4
Avg Revenue beat(8)0.11%
Revenue beat(12)5
Avg Revenue beat(12)-1.79%
Revenue beat(16)7
Avg Revenue beat(16)-1.36%
PT rev (1m)-2.2%
PT rev (3m)-2.49%
EPS NQ rev (1m)33.33%
EPS NQ rev (3m)-76.47%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.17%
Revenue NQ rev (1m)-1.19%
Revenue NQ rev (3m)-5.08%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.85%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 0.68
P/FCF 2.2
P/OCF 2.02
P/B 0.52
P/tB N/A
EV/EBITDA 4.51
EPS(TTM)-0.31
EYN/A
EPS(NY)-0.11
Fwd EYN/A
FCF(TTM)1.23
FCFY45.53%
OCF(TTM)1.33
OCFY49.4%
SpS3.96
BVpS5.22
TBVpS-0.48
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -4%
ROE -6.4%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM N/A
FCFM 31.07%
ROA(3y)-5.73%
ROA(5y)-4.91%
ROE(3y)-12.18%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5Y10.75%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.47
Health
Industry RankSector Rank
Debt/Equity 0.47
Debt/FCF 2.1
Debt/EBITDA 2.26
Cap/Depr 8.98%
Cap/Sales 2.64%
Interest Coverage N/A
Cash Conversion 121.62%
Profit Quality N/A
Current Ratio 2.16
Quick Ratio 2.16
Altman-Z -0.05
F-Score6
WACC6.98%
ROIC/WACCN/A
Cap/Depr(3y)15.93%
Cap/Depr(5y)37.19%
Cap/Sales(3y)6.3%
Cap/Sales(5y)12.65%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-276.92%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-133.33%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-6.57%
Revenue growth 3Y1.64%
Revenue growth 5Y3.39%
Sales Q2Q%-17.42%
Revenue Next Year-12.84%
Revenue Next 2Y-5.28%
Revenue Next 3Y-1.84%
Revenue Next 5YN/A
EBIT growth 1Y-114.57%
EBIT growth 3YN/A
EBIT growth 5Y14.5%
EBIT Next Year162.83%
EBIT Next 3Y44.35%
EBIT Next 5Y24.24%
FCF growth 1Y69.13%
FCF growth 3YN/A
FCF growth 5Y15.71%
OCF growth 1Y46.98%
OCF growth 3Y8.45%
OCF growth 5Y8.37%

VERTICALSCOPE HD SUB VOT / FORA.CA FAQ

What is the ChartMill fundamental rating of VERTICALSCOPE HD SUB VOT (FORA.CA) stock?

ChartMill assigns a fundamental rating of 4 / 10 to FORA.CA.


Can you provide the valuation status for VERTICALSCOPE HD SUB VOT?

ChartMill assigns a valuation rating of 2 / 10 to VERTICALSCOPE HD SUB VOT (FORA.CA). This can be considered as Overvalued.


How profitable is VERTICALSCOPE HD SUB VOT (FORA.CA) stock?

VERTICALSCOPE HD SUB VOT (FORA.CA) has a profitability rating of 3 / 10.


What is the financial health of VERTICALSCOPE HD SUB VOT (FORA.CA) stock?

The financial health rating of VERTICALSCOPE HD SUB VOT (FORA.CA) is 8 / 10.