VERTICALSCOPE HD SUB VOT (FORA.CA) Stock Fundamental Analysis

TSX:FORA • CA92537Y1043

2.61 CAD
-0.09 (-3.33%)
Last: Feb 18, 2026, 07:00 PM
Fundamental Rating

3

Taking everything into account, FORA scores 3 out of 10 in our fundamental rating. FORA was compared to 9 industry peers in the Interactive Media & Services industry. FORA has a great financial health rating, but its profitability evaluates not so good. FORA is valued expensive and it does not seem to be growing.


Dividend Valuation Growth Profitability Health

3

1. Profitability

1.1 Basic Checks

  • FORA had negative earnings in the past year.
  • FORA had a positive operating cash flow in the past year.
  • In the past 5 years FORA always reported negative net income.
  • FORA had a positive operating cash flow in each of the past 5 years.
FORA.CA Yearly Net Income VS EBIT VS OCF VS FCFFORA.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2018 2019 2020 2021 2022 2023 2024 0 10M -10M 20M -20M

1.2 Ratios

  • FORA has a Return On Assets of -4.00%. This is amongst the best in the industry. FORA outperforms 88.89% of its industry peers.
  • FORA has a Return On Equity of -6.40%. This is amongst the best in the industry. FORA outperforms 88.89% of its industry peers.
Industry RankSector Rank
ROA -4%
ROE -6.4%
ROIC N/A
ROA(3y)-5.73%
ROA(5y)-4.91%
ROE(3y)-12.18%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
FORA.CA Yearly ROA, ROE, ROICFORA.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2018 2019 2020 2021 2022 2023 2024 0 -10 -20 -30

1.3 Margins

  • FORA's Operating Margin has improved in the last couple of years.
  • The Profit Margin and Operating Margin and Gross Margin are not available for FORA so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM N/A
OM growth 3YN/A
OM growth 5Y10.75%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
FORA.CA Yearly Profit, Operating, Gross MarginsFORA.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2018 2019 2020 2021 2022 2023 2024 0 10 -10 -20 -30

7

2. Health

2.1 Basic Checks

  • FORA does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • Compared to 1 year ago, FORA has less shares outstanding
  • FORA has more shares outstanding than it did 5 years ago.
  • Compared to 1 year ago, FORA has an improved debt to assets ratio.
FORA.CA Yearly Shares OutstandingFORA.CA Yearly Shares OutstandingYearly Shares Outstanding 2019 2020 2021 2022 2023 2024 5M 10M 15M 20M
FORA.CA Yearly Total Debt VS Total AssetsFORA.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M

2.2 Solvency

  • Based on the Altman-Z score of -0.07, we must say that FORA is in the distress zone and has some risk of bankruptcy.
  • FORA's Altman-Z score of -0.07 is fine compared to the rest of the industry. FORA outperforms 77.78% of its industry peers.
  • The Debt to FCF ratio of FORA is 2.10, which is a good value as it means it would take FORA, 2.10 years of fcf income to pay off all of its debts.
  • FORA has a Debt to FCF ratio of 2.10. This is amongst the best in the industry. FORA outperforms 88.89% of its industry peers.
  • FORA has a Debt/Equity ratio of 0.47. This is a healthy value indicating a solid balance between debt and equity.
  • With a decent Debt to Equity ratio value of 0.47, FORA is doing good in the industry, outperforming 77.78% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.47
Debt/FCF 2.1
Altman-Z -0.07
ROIC/WACCN/A
WACC6.97%
FORA.CA Yearly LT Debt VS Equity VS FCFFORA.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2018 2019 2020 2021 2022 2023 2024 0 20M -20M 40M 60M 80M 100M

2.3 Liquidity

  • FORA has a Current Ratio of 2.16. This indicates that FORA is financially healthy and has no problem in meeting its short term obligations.
  • Looking at the Current ratio, with a value of 2.16, FORA is in the better half of the industry, outperforming 77.78% of the companies in the same industry.
  • A Quick Ratio of 2.16 indicates that FORA has no problem at all paying its short term obligations.
  • With a decent Quick ratio value of 2.16, FORA is doing good in the industry, outperforming 77.78% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 2.16
Quick Ratio 2.16
FORA.CA Yearly Current Assets VS Current LiabilitesFORA.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2019 2020 2021 2022 2023 2024 10M 20M 30M

1

3. Growth

3.1 Past

  • FORA shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -276.92%.
  • Looking at the last year, FORA shows a decrease in Revenue. The Revenue has decreased by -6.57% in the last year.
  • The Revenue has been growing slightly by 3.39% on average over the past years.
EPS 1Y (TTM)-276.92%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-133.33%
Revenue 1Y (TTM)-6.57%
Revenue growth 3Y1.64%
Revenue growth 5Y3.39%
Sales Q2Q%-17.42%

3.2 Future

  • No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
  • FORA is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -1.84% yearly.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-12.84%
Revenue Next 2Y-5.28%
Revenue Next 3Y-1.84%
Revenue Next 5YN/A

3.3 Evolution

  • No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
FORA.CA Yearly Revenue VS EstimatesFORA.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 20M 40M 60M 80M
FORA.CA Yearly EPS VS EstimatesFORA.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2021 2022 2023 2024 2025 2026 2027 0 -0.5 -1

2

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings Ratio is negative for FORA. In the last year negative earnings were reported.
  • Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for FORA. No positive earnings are expected for the next year.
Industry RankSector Rank
PE N/A
Fwd PE N/A
FORA.CA Price Earnings VS Forward Price EarningsFORA.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 10 -10 20 -20

4.2 Price Multiples

  • FORA's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. FORA is cheaper than 88.89% of the companies in the same industry.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of FORA indicates a rather cheap valuation: FORA is cheaper than 100.00% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 2.12
EV/EBITDA 4.43
FORA.CA Per share dataFORA.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 1 2 3 4 5

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A

0

5. Dividend

5.1 Amount

  • FORA does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

VERTICALSCOPE HD SUB VOT

TSX:FORA (2/18/2026, 7:00:00 PM)

2.61

-0.09 (-3.33%)

Chartmill FA Rating
GICS IndustryGroupMedia & Entertainment
GICS IndustryInteractive Media & Services
Earnings (Last)11-05
Earnings (Next)03-11
Inst Owners19.76%
Inst Owner ChangeN/A
Ins Owners3.82%
Ins Owner ChangeN/A
Market Cap56.40M
Revenue(TTM)62.65M
Net Income(TTM)-5.29M
Analysts74.29
Price Target5.66 (116.86%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)8.56%
Min EPS beat(2)-22.55%
Max EPS beat(2)39.67%
EPS beat(4)1
Avg EPS beat(4)-38.63%
Min EPS beat(4)-145.96%
Max EPS beat(4)39.67%
EPS beat(8)5
Avg EPS beat(8)215.29%
EPS beat(12)9
Avg EPS beat(12)166.73%
EPS beat(16)9
Avg EPS beat(16)56.44%
Revenue beat(2)1
Avg Revenue beat(2)-1.66%
Min Revenue beat(2)-6.46%
Max Revenue beat(2)3.14%
Revenue beat(4)1
Avg Revenue beat(4)-1.27%
Min Revenue beat(4)-6.46%
Max Revenue beat(4)3.14%
Revenue beat(8)4
Avg Revenue beat(8)0.11%
Revenue beat(12)5
Avg Revenue beat(12)-1.79%
Revenue beat(16)7
Avg Revenue beat(16)-1.36%
PT rev (1m)-2.2%
PT rev (3m)-2.49%
EPS NQ rev (1m)33.33%
EPS NQ rev (3m)-76.47%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.17%
Revenue NQ rev (1m)-1.19%
Revenue NQ rev (3m)-5.08%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.85%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 0.66
P/FCF 2.12
P/OCF 1.96
P/B 0.5
P/tB N/A
EV/EBITDA 4.43
EPS(TTM)-0.31
EYN/A
EPS(NY)-0.11
Fwd EYN/A
FCF(TTM)1.23
FCFY47.13%
OCF(TTM)1.33
OCFY51.14%
SpS3.96
BVpS5.23
TBVpS-0.48
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -4%
ROE -6.4%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM N/A
FCFM 31.07%
ROA(3y)-5.73%
ROA(5y)-4.91%
ROE(3y)-12.18%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5Y10.75%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.47
Health
Industry RankSector Rank
Debt/Equity 0.47
Debt/FCF 2.1
Debt/EBITDA 2.26
Cap/Depr 8.98%
Cap/Sales 2.64%
Interest Coverage N/A
Cash Conversion 121.62%
Profit Quality N/A
Current Ratio 2.16
Quick Ratio 2.16
Altman-Z -0.07
F-Score6
WACC6.97%
ROIC/WACCN/A
Cap/Depr(3y)15.93%
Cap/Depr(5y)37.19%
Cap/Sales(3y)6.3%
Cap/Sales(5y)12.65%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-276.92%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-133.33%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-6.57%
Revenue growth 3Y1.64%
Revenue growth 5Y3.39%
Sales Q2Q%-17.42%
Revenue Next Year-12.84%
Revenue Next 2Y-5.28%
Revenue Next 3Y-1.84%
Revenue Next 5YN/A
EBIT growth 1Y-114.57%
EBIT growth 3YN/A
EBIT growth 5Y14.5%
EBIT Next Year162.83%
EBIT Next 3Y44.35%
EBIT Next 5Y24.45%
FCF growth 1Y69.13%
FCF growth 3YN/A
FCF growth 5Y15.71%
OCF growth 1Y46.98%
OCF growth 3Y8.45%
OCF growth 5Y8.37%

VERTICALSCOPE HD SUB VOT / FORA.CA FAQ

What is the ChartMill fundamental rating of VERTICALSCOPE HD SUB VOT (FORA.CA) stock?

ChartMill assigns a fundamental rating of 3 / 10 to FORA.CA.


Can you provide the valuation status for VERTICALSCOPE HD SUB VOT?

ChartMill assigns a valuation rating of 2 / 10 to VERTICALSCOPE HD SUB VOT (FORA.CA). This can be considered as Overvalued.


How profitable is VERTICALSCOPE HD SUB VOT (FORA.CA) stock?

VERTICALSCOPE HD SUB VOT (FORA.CA) has a profitability rating of 3 / 10.


What is the financial health of VERTICALSCOPE HD SUB VOT (FORA.CA) stock?

The financial health rating of VERTICALSCOPE HD SUB VOT (FORA.CA) is 7 / 10.