FORA (Forian) EV-to-OCF: 19.19 (As of Jul. 15, 2026)

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Director of Data and Quant Analytics at GuruFocus
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FORA Forian Inc FORA
46 GF Score
Price $2.17
GF Value $3.27
! 6 Warning Signs
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What is Forian EV-to-OCF?

Forian FORA 46 EV-to-OCF is 19.19 as of Jul. 15, 2026. GuruFocus rates FORA with a GF Score™ of 46/100 and a GF Value™ of $3.27. The stock has 6 warning signs investors should review. Among 687 Healthcare Providers & Services companies, Forian ranks worse than 77.15% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Forian's Enterprise Value is $36.25 Mil. Forian's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $1.89 Mil. Therefore, Forian's EV-to-OCF for today is 19.19.

The historical rank and industry rank for Forian's EV-to-OCF or its related term are showing as below:

FORA' s EV-to-OCF Range Over the Past 10 Years
Min: -2443.42   Med: -10.3   Max: 294.16
Current: 19.19

During the past 7 years, the highest EV-to-OCF of Forian was 294.16. The lowest was -2443.42. And the median was -10.30.

FORA's EV-to-OCF is ranked worse than
77.15% of 687 companies
in the Healthcare Providers & Services industry
Industry Median: 8.72 vs FORA: 19.19

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.

As of today (2026-07-15), Forian's stock price is $2.17. Forian's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $-0.160. Therefore, Forian's PE Ratio (TTM) for today is At Loss.


Forian  (NAS:FORA) EV-to-OCF Explanation

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.

Forian's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=2.17/-0.160
=At Loss

Forian's share price for today is $2.17.
Forian'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 $-0.160.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Forian EV-to-OCF Related Terms


Forian EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Forian's EV-to-OCF 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.

Forian EV-to-OCF Chart

Forian Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-OCF
Get a 7-Day Free Trial -16.27 -10.84 91.88 125.51 11.90

Forian Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-OCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.40 12.36 29.40 11.90 17.85

FORA vs DRIO, ONMD, BEAT: EV-to-OCF Comparison

For the Health Information Services subindustry, Forian's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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.


Forian EV-to-OCF vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Forian's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where Forian's EV-to-OCF falls into.


FORA
46GF Score
Forian Inc FORA
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Forian EV-to-OCF Calculation

Forian's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=36.254/1.889
=19.19

Forian's current Enterprise Value is $36.25 Mil.
Forian's Cash Flow from Operations 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 $1.89 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.

Frequently Asked Questions Learn more about EV-to-OCF →
What does a EV-to-OCF of 19.19 mean?
Forian (FORA) has a EV-to-OCF of 19.19 as of Jul. 15, 2026. According to the industry distribution chart, Forian ranks #530 out of 687 companies in the Healthcare Providers & Services industry, placing it in the top 77.1%.
Is Forian's EV-to-OCF too high?
Forian's current EV-to-OCF is 19.19. The Healthcare Providers & Services industry median EV-to-OCF is 8.72. Forian's value of 19.19 is 120.1% above this industry median. Based on the distribution chart, Forian ranks #530 out of 687 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers. Overall, Forian has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does Forian's EV-to-OCF compare to DRIO and ONMD?
According to the Healthcare Providers & Services industry distribution chart, Forian ranks #530 out of 687 companies for EV-to-OCF. This places Forian in the lower half of its industry. The industry median EV-to-OCF is 8.72. Forian's value of 19.19 is 120.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for a Healthcare Providers & Services company?
The median EV-to-OCF among Healthcare Providers & Services companies is 8.72, based on 687 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Forian's current EV-to-OCF of 19.19 is 120.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Healthcare Providers & Services industry, the median EV-to-OCF is 8.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forian's current EV-to-OCF is 19.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forian stock overvalued right now?
Forian (FORA) has a current EV-to-OCF of 19.19. The stock's GF Value™ is $3.27, compared to a current price of $2.17 — trading 33.6% below its estimated fair value. The current EV-to-OCF is 19.19 and 120.1% above the Healthcare Providers & Services industry median of 8.72. Forian's overall GF Score™ is 46/100 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-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Forian (FORA), the current EV-to-OCF is 19.19 as of Jul. 15, 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 Forian (FORA) Overvalued in 2026?

Based on GuruFocus' analysis, Forian stock appears to be undervalued. The current stock price of $2.17 is trading 33.6% below its estimated GF Value™ of $3.27.

Key valuation signals for FORA:

  • EV-to-OCF: 19.19
  • GF Value™: $3.27 vs. price of $2.17 (33.6% below fair value)
  • GF Score™: 46/100 with 6 warning signs
  • Industry Position: 120.1% above the Healthcare Providers & Services median (#530 of 687)

No single metric tells the full story. See the FORA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Forian Business Description

Address 41 University Drive, Suite 400, Newtown, PA, USA, 18940
Forian Inc provides a suite of Software, data management capabilities, and proprietary data and analytics to optimize and measure operational, clinical, and financial performance for customers within the traditional and emerging life sciences, healthcare payer, and provider segments, as well as cannabis dispensaries, manufacturers, and cultivators.
46GF Score

Get the complete analysis for FORA

EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.17
Price
$3.27
GF Value