VERTICALSCOPE HD SUB VOT (FORA.CA) Stock Fundamental Analysis
TSX:FORA - Toronto Stock Exchange - CA92537Y1043 - Common Stock - Currency: CAD
We assign a fundamental rating of 4 out of 10 to FORA. FORA was compared to 12 industry peers in the Interactive Media & Services industry. Both the profitability and the financial health of FORA get a neutral evaluation. Nothing too spectacular is happening here. FORA has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year FORA has reported negative net income.
FORA had a positive operating cash flow in the past year.
In the past 5 years FORA always reported negative net income.
In the past 5 years FORA always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of -1.05%, FORA is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
FORA has a better Return On Equity (-1.77%) than 66.67% of its industry peers.
FORA has a Return On Invested Capital of 2.98%. This is in the better half of the industry: FORA outperforms 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.05% | ||
| ROE | -1.77% | ||
| ROIC | 2.98% |
ROA(3y)-5.73%
ROA(5y)-4.91%
ROE(3y)-12.18%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Operating Margin of FORA (7.54%) is better than 75.00% of its industry peers.
FORA's Operating Margin has improved in the last couple of years.
FORA does not have Profit Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.54% | ||
| 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
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so FORA is destroying value.
Compared to 1 year ago, FORA has less shares outstanding
FORA has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, FORA has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.28, we must say that FORA is in the distress zone and has some risk of bankruptcy.
FORA has a better Altman-Z score (0.28) than 75.00% of its industry peers.
FORA has a debt to FCF ratio of 3.14. This is a good value and a sign of high solvency as FORA would need 3.14 years to pay back of all of its debts.
FORA has a Debt to FCF ratio of 3.14. This is in the better half of the industry: FORA outperforms 75.00% of its industry peers.
FORA has a Debt/Equity ratio of 0.51. This is a neutral value indicating FORA is somewhat dependend on debt financing.
FORA's Debt to Equity ratio of 0.51 is fine compared to the rest of the industry. FORA outperforms 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.51 | ||
| Debt/FCF | 3.14 | ||
| Altman-Z | 0.28 |
ROIC/WACC0.38
WACC7.92%
2.3 Liquidity
A Current Ratio of 1.65 indicates that FORA should not have too much problems paying its short term obligations.
With a decent Current ratio value of 1.65, FORA is doing good in the industry, outperforming 75.00% of the companies in the same industry.
FORA has a Quick Ratio of 1.65. This is a normal value and indicates that FORA is financially healthy and should not expect problems in meeting its short term obligations.
FORA has a Quick ratio of 1.65. This is in the better half of the industry: FORA outperforms 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.65 | ||
| Quick Ratio | 1.65 |
3. Growth
3.1 Past
FORA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 28.57%, which is quite impressive.
FORA shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.20%.
The Revenue has been growing slightly by 3.39% on average over the past years.
EPS 1Y (TTM)28.57%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-100%
Revenue 1Y (TTM)8.2%
Revenue growth 3Y1.64%
Revenue growth 5Y3.39%
Sales Q2Q%-7.87%
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 small growth in Revenue. The Revenue will grow by 0.04% on average per year.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-9.29%
Revenue Next 2Y-0.56%
Revenue Next 3Y0.04%
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
FORA reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
With a Price/Forward Earnings ratio of 33.24, FORA can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FORA is on the same level as its industry peers.
FORA is valuated expensively when we compare the Price/Forward Earnings ratio to 21.27, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 33.24 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FORA is valued cheaply inside the industry as 83.33% of the companies are valued more expensively.
91.67% of the companies in the same industry are more expensive than FORA, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.46 | ||
| EV/EBITDA | 4.47 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
FORA does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TSX:FORA (6/23/2025, 7:00:00 PM)
4.03
+0.08 (+2.03%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryInteractive Media & Services
Earnings (Last)
Earnings (Next)
Inst Owners3.49%
Inst Owner ChangeN/A
Ins Owners3.77%
Ins Owner ChangeN/A
Market Cap87.93M
Analysts75.71
Price Target6.87 (70.47%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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)0
Avg EPS beat(2)-85.82%
Min EPS beat(2)-145.96%
Max EPS beat(2)-25.69%
EPS beat(4)2
Avg EPS beat(4)81.27%
Min EPS beat(4)-145.96%
Max EPS beat(4)361.44%
EPS beat(8)6
Avg EPS beat(8)229.8%
EPS beat(12)8
Avg EPS beat(12)138.55%
EPS beat(16)8
Avg EPS beat(16)-14.46%
Revenue beat(2)0
Avg Revenue beat(2)-0.88%
Min Revenue beat(2)-0.98%
Max Revenue beat(2)-0.77%
Revenue beat(4)1
Avg Revenue beat(4)-1.23%
Min Revenue beat(4)-6.07%
Max Revenue beat(4)2.89%
Revenue beat(8)4
Avg Revenue beat(8)0.58%
Revenue beat(12)5
Avg Revenue beat(12)-1.56%
Revenue beat(16)6
Avg Revenue beat(16)-1.84%
PT rev (1m)-24.08%
PT rev (3m)-57.05%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-151.11%
EPS NY rev (1m)0%
EPS NY rev (3m)-95.16%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-21.86%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-17.03%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 33.24 | ||
| P/S | 0.94 | ||
| P/FCF | 4.46 | ||
| P/OCF | 2.91 | ||
| P/B | 0.78 | ||
| P/tB | N/A | ||
| EV/EBITDA | 4.47 |
EPS(TTM)-0.07
EYN/A
EPS(NY)0.12
Fwd EY3.01%
FCF(TTM)0.9
FCFY22.42%
OCF(TTM)1.38
OCFY34.32%
SpS4.27
BVpS5.14
TBVpS-0.76
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.05% | ||
| ROE | -1.77% | ||
| ROCE | 4.14% | ||
| ROIC | 2.98% | ||
| ROICexc | 3.13% | ||
| ROICexgc | 15.27% | ||
| OM | 7.54% | ||
| PM (TTM) | N/A | ||
| GM | N/A | ||
| FCFM | 21.17% |
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
ROICexcg growth 3YN/A
ROICexcg growth 5Y7.68%
ROICexc growth 3YN/A
ROICexc growth 5Y5.77%
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 Turnover0.49
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.51 | ||
| Debt/FCF | 3.14 | ||
| Debt/EBITDA | 1.81 | ||
| Cap/Depr | 42.97% | ||
| Cap/Sales | 11.23% | ||
| Interest Coverage | 1.39 | ||
| Cash Conversion | 96.2% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.65 | ||
| Quick Ratio | 1.65 | ||
| Altman-Z | 0.28 |
F-Score6
WACC7.92%
ROIC/WACC0.38
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)28.57%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-100%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)8.2%
Revenue growth 3Y1.64%
Revenue growth 5Y3.39%
Sales Q2Q%-7.87%
Revenue Next Year-9.29%
Revenue Next 2Y-0.56%
Revenue Next 3Y0.04%
Revenue Next 5YN/A
EBIT growth 1Y152.59%
EBIT growth 3YN/A
EBIT growth 5Y14.5%
EBIT Next Year147.87%
EBIT Next 3Y42.71%
EBIT Next 5Y28.05%
FCF growth 1Y20.09%
FCF growth 3YN/A
FCF growth 5Y15.71%
OCF growth 1Y12.43%
OCF growth 3Y8.45%
OCF growth 5Y8.37%