Fonar Stock EBITDA

FONR Stock  USD 16.31  0.05  0.31%   
Fonar fundamentals help investors to digest information that contributes to Fonar's financial success or failures. It also enables traders to predict the movement of Fonar Stock. The fundamental analysis module provides a way to measure Fonar's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Fonar stock.
Last ReportedProjected for Next Year
EBITDA26.9 M28.2 M
As of 05/04/2024, EBITDA is likely to grow to about 28.2 M.
  
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Fonar Company EBITDA Analysis

Fonar's EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.

EBITDA

 = 

Revenue

-

Basic Expenses

More About EBITDA | All Equity Analysis

Current Fonar EBITDA

    
  23.39 M  
Most of Fonar's fundamental indicators, such as EBITDA, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Fonar is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Fonar EBITDA Driver Correlations

Understanding the fundamental principles of building solid financial models for Fonar is extremely important. It helps to project a fair market value of Fonar Stock properly, considering its historical fundamentals such as EBITDA. Since Fonar's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Fonar's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Fonar's interrelated accounts and indicators.
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Click cells to compare fundamentals
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Competition

Fonar Ebitda

Ebitda

28.25 Million

At this time, Fonar's EBITDA is relatively stable compared to the past year.
According to the company disclosure, Fonar reported earnings before interest,tax, depreciation and amortization of 23.39 M. This is 97.33% lower than that of the Health Care Equipment & Supplies sector and 96.36% lower than that of the Health Care industry. The ebitda for all United States stocks is 99.4% higher than that of the company.

Fonar EBITDA Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Fonar's direct or indirect competition against its EBITDA to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Fonar could also be used in its relative valuation, which is a method of valuing Fonar by comparing valuation metrics of similar companies.
Fonar is currently under evaluation in ebitda category among related companies.

Fonar Current Valuation Drivers

We derive many important indicators used in calculating different scores of Fonar from analyzing Fonar's financial statements. These drivers represent accounts that assess Fonar's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Fonar's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap140.0M116.9M101.2M113.6M102.3M61.7M
Enterprise Value138.9M107.1M90.7M99.4M89.4M59.9M

Fonar Institutional Holders

Institutional Holdings refers to the ownership stake in Fonar that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Fonar's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Fonar's value.
Shares
Geode Capital Management, Llc2023-12-31
64.4 K
Hillsdale Investment Management Inc.2023-12-31
61.4 K
Northern Trust Corp2023-12-31
36.8 K
American Century Companies Inc2023-12-31
30 K
Bank Of New York Mellon Corp2023-12-31
26.1 K
O'shaughnessy Asset Management Llc2023-12-31
23.7 K
State Street Corporation2023-12-31
21.6 K
Millennium Management Llc2023-12-31
21.4 K
Globeflex Capital, L.p.2023-12-31
18.6 K
Kayne Anderson Rudnick Investment Management Llc2023-12-31
632.6 K
Dimensional Fund Advisors, Inc.2023-12-31
394.8 K

Fonar Fundamentals

About Fonar Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Fonar's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Fonar using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Fonar based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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When determining whether Fonar is a strong investment it is important to analyze Fonar's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Fonar's future performance. For an informed investment choice regarding Fonar Stock, refer to the following important reports:
Check out Fonar Piotroski F Score and Fonar Altman Z Score analysis.
To learn how to invest in Fonar Stock, please use our How to Invest in Fonar guide.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

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When running Fonar's price analysis, check to measure Fonar's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fonar is operating at the current time. Most of Fonar's value examination focuses on studying past and present price action to predict the probability of Fonar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fonar's price. Additionally, you may evaluate how the addition of Fonar to your portfolios can decrease your overall portfolio volatility.
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Is Fonar's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fonar. If investors know Fonar will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fonar listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.736
Earnings Share
1.84
Revenue Per Share
15.694
Quarterly Revenue Growth
0.047
Return On Assets
0.0566
The market value of Fonar is measured differently than its book value, which is the value of Fonar that is recorded on the company's balance sheet. Investors also form their own opinion of Fonar's value that differs from its market value or its book value, called intrinsic value, which is Fonar's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fonar's market value can be influenced by many factors that don't directly affect Fonar's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fonar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fonar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fonar's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.