Fonar Net Income vs. Current Valuation

FONR Stock  USD 15.30  0.20  1.32%   
Considering Fonar's profitability and operating efficiency indicators, Fonar is performing exceptionally good at this time. It has a great probability to showcase excellent profitability results in January. Profitability indicators assess Fonar's ability to earn profits and add value for shareholders.
 
Net Income  
First Reported
1991-09-30
Previous Quarter
830.4 K
Current Value
3.1 M
Quarterly Volatility
7.8 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
As of 12/26/2024, Sales General And Administrative To Revenue is likely to grow to 0.44, while Price To Sales Ratio is likely to drop 0.95. At this time, Fonar's Non Operating Income Net Other is relatively stable compared to the past year. As of 12/26/2024, Change To Netincome is likely to grow to about 13.8 M, while Net Interest Income is likely to drop (80.8 K).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.340.4387
Significantly Down
Pretty Stable
Return On Equity0.06690.0637
Sufficiently Up
Slightly volatile
For Fonar profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Fonar to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Fonar utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Fonar's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Fonar over time as well as its relative position and ranking within its peers.
  
Check out Investing Opportunities.
To learn how to invest in Fonar Stock, please use our How to Invest in Fonar guide.
Is Health Care Equipment & Supplies space 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
(0.31)
Earnings Share
1.4
Revenue Per Share
15.936
Quarterly Revenue Growth
0.006
Return On Assets
0.0498
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.

Fonar Current Valuation vs. Net Income Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Fonar's current stock value. Our valuation model uses many indicators to compare Fonar value to that of its competitors to determine the firm's financial worth.
JavaScript chart by amCharts 3.21.15CIVEEVLHDOCSMDDHFONR 020B40B60B80B100B120B 01B2B3B4B5B
Fonar is rated # 5 in net income category among its peers. It is rated below average in current valuation category among its peers reporting about  7.90  of Current Valuation per Net Income. At this time, Fonar's Net Income is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Fonar by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Fonar Current Valuation vs. Net Income

Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Fonar

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
10.57 M
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.

Fonar

Enterprise Value

 = 

Market Cap + Debt

-

Cash

 = 
83.48 M
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.

Fonar Current Valuation vs Competition

Fonar is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Health Care industry is currently estimated at about 177.44 Billion. Fonar adds roughly 83.48 Million in current valuation claiming only tiny portion of equities under Health Care industry.
JavaScript chart by amCharts 3.21.15OthersDOCSLHVEEVCIFONR

Fonar Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Fonar, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Fonar will eventually generate negative long term returns. The profitability progress is the general direction of Fonar's change in net profit over the period of time. It can combine multiple indicators of Fonar, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Operating Income16.5 M17.4 M
Income Before Tax19.3 M20.2 M
Total Other Income Expense Net2.7 MM
Net Income10.6 M11.1 M
Income Tax Expense5.2 M5.4 M
Net Income Applicable To Common Shares10.3 M18.7 M
Net Income From Continuing Ops14.1 M16.6 M
Non Operating Income Net Other1.3 M1.3 M
Interest Income577.5 K316.2 K
Net Interest Income-77 K-80.8 K
Change To Netincome13.2 M13.8 M
Net Income Per Share 1.66  1.75 
Income Quality 1.33  0.98 
Net Income Per E B T 0.55  0.99 

Fonar Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Fonar. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Fonar position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Fonar's important profitability drivers and their relationship over time.

Use Fonar in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Fonar position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Fonar will appreciate offsetting losses from the drop in the long position's value.

Fonar Pair Trading

Fonar Pair Trading Analysis

The ability to find closely correlated positions to Fonar could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fonar when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Fonar - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Fonar to buy it.
The correlation of Fonar is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Fonar moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fonar moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Fonar can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Fonar position

In addition to having Fonar in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Conservative Funds Thematic Idea Now

Conservative Funds
Conservative Funds Theme
Funds or Etfs that invest using buy-and-hold investment strategy in companies with consistent growth over many years of operation. The Conservative Funds theme has 40 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Conservative Funds Theme or any other thematic opportunities.
View All  Next Launch

Additional Tools for Fonar Stock Analysis

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.