7.17 USD
+0.21 (+3.02%)
7.17 USD
0 (0%)
Taking everything into account, FORR scores 3 out of 10 in our fundamental rating. FORR was compared to 87 industry peers in the Professional Services industry. FORR scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. FORR has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year FORR was profitable.
In the past year FORR had a positive cash flow from operations.
Of the past 5 years FORR 4 years were profitable.
FORR had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
FORR has a Return On Assets of -20.54%. This is amonst the worse of the industry: FORR underperforms 82.76% of its industry peers.
The Return On Equity of FORR (-53.94%) is worse than 81.61% of its industry peers.
FORR has a Return On Invested Capital (4.49%) which is in line with its industry peers.
The Average Return On Invested Capital over the past 3 years for FORR is significantly below the industry average of 12.15%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -20.54% | ||
| ROE | -53.94% | ||
| ROIC | 4.49% |
ROA(3y)0.99%
ROA(5y)1.64%
ROE(3y)2.87%
ROE(5y)5.23%
ROIC(3y)6.15%
ROIC(5y)6.29%
1.3 Margins
FORR has a Operating Margin of 3.26%. This is comparable to the rest of the industry: FORR outperforms 45.98% of its industry peers.
FORR's Operating Margin has improved in the last couple of years.
With a decent Gross Margin value of 57.54%, FORR is doing good in the industry, outperforming 73.56% of the companies in the same industry.
FORR's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.26% | ||
| PM (TTM) | N/A | ||
| GM | 57.54% |
OM growth 3Y-25.12%
OM growth 5Y14.36%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.78%
GM growth 5Y0.14%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), FORR is destroying value.
Compared to 1 year ago, FORR has less shares outstanding
Compared to 5 years ago, FORR has more shares outstanding
The debt/assets ratio for FORR is higher compared to a year ago.
2.2 Solvency
FORR has an Altman-Z score of 1.72. This is a bad value and indicates that FORR is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 1.72, FORR is not doing good in the industry: 65.52% of the companies in the same industry are doing better.
The Debt to FCF ratio of FORR is 1.76, which is an excellent value as it means it would take FORR, only 1.76 years of fcf income to pay off all of its debts.
FORR has a better Debt to FCF ratio (1.76) than 70.11% of its industry peers.
A Debt/Equity ratio of 0.22 indicates that FORR is not too dependend on debt financing.
FORR has a Debt to Equity ratio (0.22) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.22 | ||
| Debt/FCF | 1.76 | ||
| Altman-Z | 1.72 |
ROIC/WACC0.55
WACC8.09%
2.3 Liquidity
FORR has a Current Ratio of 1.06. This is a normal value and indicates that FORR is financially healthy and should not expect problems in meeting its short term obligations.
FORR has a Current ratio of 1.06. This is in the lower half of the industry: FORR underperforms 73.56% of its industry peers.
FORR has a Quick Ratio of 1.06. This is a normal value and indicates that FORR is financially healthy and should not expect problems in meeting its short term obligations.
FORR has a worse Quick ratio (1.06) than 73.56% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.06 | ||
| Quick Ratio | 1.06 |
3. Growth
3.1 Past
The earnings per share for FORR have decreased by -0.74% in the last year.
Measured over the past years, FORR shows a decrease in Earnings Per Share. The EPS has been decreasing by -2.16% on average per year.
Looking at the last year, FORR shows a decrease in Revenue. The Revenue has decreased by -8.73% in the last year.
FORR shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -1.30% yearly.
EPS 1Y (TTM)-0.74%
EPS 3Y-11.35%
EPS 5Y-2.16%
EPS Q2Q%27.59%
Revenue 1Y (TTM)-8.73%
Revenue growth 3Y-4.36%
Revenue growth 5Y-1.3%
Sales Q2Q%-8.03%
3.2 Future
FORR is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.89% yearly.
Based on estimates for the next years, FORR will show a decrease in Revenue. The Revenue will decrease by -1.77% on average per year.
EPS Next Y-12.34%
EPS Next 2Y0.42%
EPS Next 3Y6.89%
EPS Next 5YN/A
Revenue Next Year-6.49%
Revenue Next 2Y-2.8%
Revenue Next 3Y-1.77%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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.
4. Valuation
4.1 Price/Earnings Ratio
FORR is valuated cheaply with a Price/Earnings ratio of 5.31.
91.95% of the companies in the same industry are more expensive than FORR, based on the Price/Earnings ratio.
FORR's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.98.
The Price/Forward Earnings ratio is 4.84, which indicates a rather cheap valuation of FORR.
94.25% of the companies in the same industry are more expensive than FORR, based on the Price/Forward Earnings ratio.
FORR is valuated cheaply when we compare the Price/Forward Earnings ratio to 35.79, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.31 | ||
| Fwd PE | 4.84 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, FORR is valued cheaply inside the industry as 93.10% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.85 | ||
| EV/EBITDA | -0.98 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y0.42%
EPS Next 3Y6.89%
5. Dividend
5.1 Amount
FORR does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
7.17
+0.21 (+3.02%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryProfessional Services
Earnings (Last)
Earnings (Next)
Inst Owners52.73%
Inst Owner Change-2%
Ins Owners40.02%
Ins Owner Change0.62%
Market Cap136.23M
Revenue(TTM)403.87M
Net Income(TTM)-85.05M
Analysts45.71
Price Target12.24 (70.71%)
Short Float %2.19%
Short Ratio2.27
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)9.14%
Min EPS beat(2)0%
Max EPS beat(2)18.29%
EPS beat(4)3
Avg EPS beat(4)15.44%
Min EPS beat(4)0%
Max EPS beat(4)40.66%
EPS beat(8)4
Avg EPS beat(8)0.66%
EPS beat(12)7
Avg EPS beat(12)4.06%
EPS beat(16)11
Avg EPS beat(16)10.66%
Revenue beat(2)0
Avg Revenue beat(2)-3.6%
Min Revenue beat(2)-6.77%
Max Revenue beat(2)-0.44%
Revenue beat(4)0
Avg Revenue beat(4)-2.59%
Min Revenue beat(4)-6.77%
Max Revenue beat(4)-0.3%
Revenue beat(8)0
Avg Revenue beat(8)-2.45%
Revenue beat(12)1
Avg Revenue beat(12)-2.51%
Revenue beat(16)2
Avg Revenue beat(16)-2.11%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)-37.14%
EPS NQ rev (3m)-37.14%
EPS NY rev (1m)-1.04%
EPS NY rev (3m)-0.53%
Revenue NQ rev (1m)-0.43%
Revenue NQ rev (3m)-0.43%
Revenue NY rev (1m)-0.4%
Revenue NY rev (3m)-0.94%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.31 | ||
| Fwd PE | 4.84 | ||
| P/S | 0.34 | ||
| P/FCF | 6.85 | ||
| P/OCF | 6.06 | ||
| P/B | 0.86 | ||
| P/tB | N/A | ||
| EV/EBITDA | -0.98 |
EPS(TTM)1.35
EY18.83%
EPS(NY)1.48
Fwd EY20.67%
FCF(TTM)1.05
FCFY14.6%
OCF(TTM)1.18
OCFY16.49%
SpS21.26
BVpS8.3
TBVpS-0.54
PEG (NY)N/A
PEG (5Y)N/A
Graham Number15.88
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -20.54% | ||
| ROE | -53.94% | ||
| ROCE | 5.68% | ||
| ROIC | 4.49% | ||
| ROICexc | 10.4% | ||
| ROICexgc | N/A | ||
| OM | 3.26% | ||
| PM (TTM) | N/A | ||
| GM | 57.54% | ||
| FCFM | 4.92% |
ROA(3y)0.99%
ROA(5y)1.64%
ROE(3y)2.87%
ROE(5y)5.23%
ROIC(3y)6.15%
ROIC(5y)6.29%
ROICexc(3y)9.7%
ROICexc(5y)9.67%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)7.78%
ROCE(5y)7.96%
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3Y-23.98%
ROICexc growth 5Y23.19%
OM growth 3Y-25.12%
OM growth 5Y14.36%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.78%
GM growth 5Y0.14%
F-Score6
Asset Turnover0.98
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.22 | ||
| Debt/FCF | 1.76 | ||
| Debt/EBITDA | 1.24 | ||
| Cap/Depr | 17.18% | ||
| Cap/Sales | 0.64% | ||
| Interest Coverage | 5.29 | ||
| Cash Conversion | 79.64% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.06 | ||
| Quick Ratio | 1.06 | ||
| Altman-Z | 1.72 |
F-Score6
WACC8.09%
ROIC/WACC0.55
Cap/Depr(3y)24.01%
Cap/Depr(5y)29.15%
Cap/Sales(3y)1%
Cap/Sales(5y)1.43%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-0.74%
EPS 3Y-11.35%
EPS 5Y-2.16%
EPS Q2Q%27.59%
EPS Next Y-12.34%
EPS Next 2Y0.42%
EPS Next 3Y6.89%
EPS Next 5YN/A
Revenue 1Y (TTM)-8.73%
Revenue growth 3Y-4.36%
Revenue growth 5Y-1.3%
Sales Q2Q%-8.03%
Revenue Next Year-6.49%
Revenue Next 2Y-2.8%
Revenue Next 3Y-1.77%
Revenue Next 5YN/A
EBIT growth 1Y26.72%
EBIT growth 3Y-28.38%
EBIT growth 5Y12.87%
EBIT Next Year5.2%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y231.38%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y97.04%
OCF growth 3YN/A
OCF growth 5YN/A
FORRESTER RESEARCH INC / FORR FAQ
What is the fundamental rating for FORR stock?
ChartMill assigns a fundamental rating of 3 / 10 to FORR.
What is the valuation status for FORR stock?
ChartMill assigns a valuation rating of 6 / 10 to FORRESTER RESEARCH INC (FORR). This can be considered as Fairly Valued.
What is the profitability of FORR stock?
FORRESTER RESEARCH INC (FORR) has a profitability rating of 3 / 10.
What is the valuation of FORRESTER RESEARCH INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for FORRESTER RESEARCH INC (FORR) is 5.31 and the Price/Book (PB) ratio is 0.86.
How sustainable is the dividend of FORRESTER RESEARCH INC (FORR) stock?
The dividend rating of FORRESTER RESEARCH INC (FORR) is 0 / 10 and the dividend payout ratio is 0%.