EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Forrester Research's enterprise value is $102.3 Mil.
Forrester Research's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $-24.2 Mil. Therefore, Forrester Research's EV-to-EBITDA for today is -4.23.
The historical rank and industry rank for Forrester Research's EV-to-EBITDA or its related term are showing as below:
FORR'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -4.26 Med: 13.82 Max: 32.74
Current: -4.23
During the past 13 years, the highest EV-to-EBITDA of Forrester Research was 32.74. The lowest was -4.26. And the median was 13.82.
FORR's EV-to-EBITDA is ranked worse than 100% of 903
companies
in the Business Services industry
Industry Median: 7.84
vs FORR: -4.23
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
Forrester Research (NAS:FORR) EV-to-EBITDA Explanation
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Forrester Research's PE Ratio (TTM) for today is calculated as:
Forrester Research's share price for today is $9.54.
Forrester Research's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.830.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Forrester Research's EV-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Consulting Services subindustry, Forrester Research's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Forrester Research EV-to-EBITDA vs Business Services Industry
For the Business Services industry and Industrials sector, Forrester Research's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Forrester Research's EV-to-EBITDA falls into.
Forrester Research's current Enterprise Value is $102.3 Mil.
Forrester Research's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-24.2 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Forrester Research (FORR) has a EV-to-EBITDA of -4.23 as of Jul. 06, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Forrester Research. According to the industry distribution chart, Forrester Research ranks #999999 out of 903 companies in the Business Services industry.
Is Forrester Research's EV-to-EBITDA too high?
Forrester Research's current EV-to-EBITDA is -4.23. Based on the distribution chart, Forrester Research ranks #999999 out of 903 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Forrester Research has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Forrester Research's EV-to-EBITDA compare to RGP and EGG?
According to the Business Services industry distribution chart, Forrester Research ranks #999999 out of 903 companies for EV-to-EBITDA. This places Forrester Research in the lower half of its industry. The industry median EV-to-EBITDA is 7.84. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Business Services company?
The median EV-to-EBITDA among Business Services companies is 7.84, based on 903 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Forrester Research. For the Business Services industry, the median EV-to-EBITDA is 7.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forrester Research's current EV-to-EBITDA is -4.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forrester Research stock overvalued right now?
Based on GuruFocus' analysis, Forrester Research (FORR) is currently considered Possible Value Trap. The stock's GF Value™ is $13.67, compared to a current price of $9.54 — trading 30.2% below its estimated fair value. The current EV-to-EBITDA is -4.23. Forrester Research's overall GF Score™ is 61/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Forrester Research (FORR), the current EV-to-EBITDA is -4.23 as of Jul. 06, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Forrester Research (FORR) Overvalued in 2026?
Based on GuruFocus' analysis, Forrester Research stock appears to be undervalued.
The current stock price of $9.54 is trading 30.2% below its estimated GF Value™ of $13.67.
GuruFocus considers Forrester Research to be Possible Value Trap.
Key valuation signals for FORR:
EV-to-EBITDA: -4.23
GF Value™: $13.67 vs. price of $9.54 (30.2% below fair value)
No single metric tells the full story. See the FORR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Forrester Research Inc provides independent research, data, and advisory services. It operates through the following segments: The Research segment develops and delivers research, connect, and analytics products; The consulting segment includes the revenues and the related costs of the company's consulting organization, and the Events segment is engaged in developing and hosting in-person and virtual events.
61GF Score
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EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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