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Business Description
Fortrea Holdings Inc
NAICS : 541715
SIC : 2834
Description
Fortrea Holdings is a late-stage contract research organization, or CRO, that provides comprehensive Phase I through IV clinical trial management, clinical pharmacology, and patient access solutions. The company works with emerging and large biopharma, medical device, and diagnostic companies to run their clinical trials as a functional-service provider, full-service provider, and offers hybrid trials. In 2023, Fortrea was formed as an independent, publicly traded company after Labcorp spun off its clinical development business, which it acquired via its purchase of Covance in 2015 for $6.1 billion. Fortrea has 19,000 staff members across 90 countries.
Financial Strength
4/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Cash-To-Debt | 0.1 | |||||
| Equity-to-Asset | 0.38 | |||||
| Debt-to-Equity | 0.88 | |||||
| Debt-to-EBITDA | -18.64 | |||||
| Piotroski F-Score | 3/9 | |||||
| Altman Z-Score | 0.67 | |||||
| Beneish M-Score | -3.53 | |||||
| WACC vs ROIC | ||||||
Growth Rank
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| 3-Year Revenue Growth Rate | -4.5 | |||||
| 3-Year EPS without NRI Growth Rate | -33.3 | |||||
| 3-Year FCF Growth Rate | 17.8 | |||||
| 3-Year Book Growth Rate | -25.6 | |||||
| Future 3-5Y EPS without NRI Growth Rate Estimate | 68.94 |
Momentum Rank
| Name | Current | Vs Industry | Vs History |
|---|
Liquidity Ratio
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Current Ratio | 1 | |||||
| Quick Ratio | 1 | |||||
| Cash Ratio | 0.12 | |||||
| Days Sales Outstanding | 32.79 | |||||
| Days Payable | 23.1 |
Dividend & Buy Back
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| 3-Year Average Share Buyback Ratio | -0.5 | |||||
| Shareholder Yield % | 44.71 |
Profitability Rank
3/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Gross Margin % | 19.81 | |||||
| Operating Margin % | -4.15 | |||||
| Net Margin % | -12.18 | |||||
| FCF Margin % | 8.7 | |||||
| ROE % | -21.49 | |||||
| ROA % | -8.47 | |||||
| ROIC % | -3.28 | |||||
| 3-Year ROIIC % | 25.21 | |||||
| ROC (Joel Greenblatt) % | -89.73 | |||||
| ROCE % | -4.94 | |||||
| Years of Profitability over Past 10-Year | 2 |
GF Value Rank
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Forward PE Ratio | 43.63 | |||||
| PE Ratio without NRI | 26.39 | |||||
| PS Ratio | 0.29 | |||||
| PB Ratio | 0.57 | |||||
| Price-to-Free-Cash-Flow | 3.28 | |||||
| Price-to-Operating-Cash-Flow | 2.96 | |||||
| EV-to-EBIT | -12.25 | |||||
| EV-to-Forward-EBIT | 100.7 | |||||
| EV-to-EBITDA | -28.8 | |||||
| EV-to-Forward-EBITDA | 23.36 | |||||
| EV-to-Revenue | 0.68 | |||||
| EV-to-Forward-Revenue | 1.03 | |||||
| EV-to-FCF | 8.12 | |||||
| Earnings Yield (Greenblatt) % | -8.16 | |||||
| FCF Yield % | 32.77 |
Operating Revenue by Business Segment
Operating Revenue by Geographic Region
Historical Operating Revenue by Business Segment
Historical Operating Revenue by Geographic Region
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Performance
Dividend
Log
Bar
Annualized Return % Â
Total Annual Return % Â
Fortrea Holdings Inc Executives
DetailsGF Value
Analyst Estimate
Key Statistics
| Name | Value | ||
|---|---|---|---|
| Revenue (TTM) (Mil MXN) | 50,502.935 | ||
| EPS (TTM) (MXN) | -67.004 | ||
| Beta | - | ||
| 3-Year Sharpe Ratio | - | ||
| 3-Year Sortino Ratio | - | ||
| Volatility % | - | ||
| 14-Day RSI | - | ||
| 14-Day ATR (MXN) | 0.000115 | ||
| 20-Day SMA (MXN) | 435.3 | ||
| 12-1 Month Momentum % | - | ||
| 52-Week Range (MXN) | 435.3 - 463.7 | ||
| Shares Outstanding (Mil) | 90.2 |
Piotroski F-Score Details
Year:
| Component | Result | ||
|---|---|---|---|
| Piotroski F-Score | 3 | ||
| Positive ROA | |||
| Positive CFROA | |||
| Higher ROA yoy | |||
| CFROA > ROA | |||
| Lower Leverage yoy | |||
| Higher Current Ratio yoy | |||
| Less Shares Outstanding yoy | |||
| Higher Gross Margin yoy | |||
| Higher Asset Turnover yoy |
Fortrea Holdings Inc Filings
| Filing Date | Document Date | Form | ||
|---|---|---|---|---|
| No Filing Data | ||||
Fortrea Holdings Inc Stock Events
| Event | Date | Price (MXN) | ||
|---|---|---|---|---|
| No Event Data | ||||
Fortrea Holdings Inc Frequently Asked Questions
What is Fortrea Holdings Inc(MEX:FTRE1)'s stock price today?
The current price of MEX:FTRE1 is MXN435.30. The 52 week high of MEX:FTRE1 is MXN463.70 and 52 week low is MXN435.30.
When is next earnings date of Fortrea Holdings Inc(MEX:FTRE1)?
The next earnings date of Fortrea Holdings Inc(MEX:FTRE1) is 2025-05-07 Est..
Does Fortrea Holdings Inc(MEX:FTRE1) pay dividends? If so, how much?
Fortrea Holdings Inc(MEX:FTRE1) does not pay dividend.
Press Release
| Subject | Date | |||
|---|---|---|---|---|
| No Press Release | ||||
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