7.27 USD
-0.01 (-0.14%)
At close: Feb 6, 2026
7.27 USD
0 (0%)
After Hours: 2/6/2026, 8:00:00 PM
We assign a fundamental rating of 3 out of 10 to FORR. FORR was compared to 89 industry peers in the Professional Services industry. The financial health of FORR is average, but there are quite some concerns on its profitability. FORR has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
- FORR had positive earnings in the past year.
- FORR had a positive operating cash flow in the past year.
- FORR had positive earnings in 4 of the past 5 years.
- Of the past 5 years FORR 4 years had a positive operating cash flow.
1.2 Ratios
- FORR's Return On Assets of -20.54% is on the low side compared to the rest of the industry. FORR is outperformed by 79.78% of its industry peers.
- FORR has a Return On Equity of -53.94%. This is in the lower half of the industry: FORR underperforms 78.65% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 4.49%, FORR is in line with its industry, outperforming 48.31% of the companies in the same industry.
- The Average Return On Invested Capital over the past 3 years for FORR is significantly below the industry average of 12.01%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -20.54% | ||
| ROE | -53.94% | ||
| ROIC | 4.49% |
ROA(3y)0.99%
ROA(5y)1.64%
ROE(3y)2.87%
ROE(5y)5.23%
ROIC(3y)6.15%
ROIC(5y)6.29%
1.3 Margins
- FORR has a Operating Margin of 3.26%. This is comparable to the rest of the industry: FORR outperforms 49.44% of its industry peers.
- In the last couple of years the Operating Margin of FORR has grown nicely.
- FORR has a better Gross Margin (57.54%) than 76.40% of its industry peers.
- In the last couple of years the Gross Margin of FORR has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.26% | ||
| PM (TTM) | N/A | ||
| GM | 57.54% |
OM growth 3Y-25.12%
OM growth 5Y14.36%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.78%
GM growth 5Y0.14%
2. Health
2.1 Basic Checks
- FORR has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- Compared to 1 year ago, FORR has less shares outstanding
- Compared to 5 years ago, FORR has more shares outstanding
- Compared to 1 year ago, FORR has a worse debt to assets ratio.
2.2 Solvency
- Based on the Altman-Z score of 1.73, we must say that FORR is in the distress zone and has some risk of bankruptcy.
- FORR has a Altman-Z score of 1.73. This is comparable to the rest of the industry: FORR outperforms 41.57% of its industry peers.
- FORR has a debt to FCF ratio of 1.76. This is a very positive value and a sign of high solvency as it would only need 1.76 years to pay back of all of its debts.
- With a decent Debt to FCF ratio value of 1.76, FORR is doing good in the industry, outperforming 73.03% of the companies in the same industry.
- A Debt/Equity ratio of 0.22 indicates that FORR is not too dependend on debt financing.
- FORR has a Debt to Equity ratio (0.22) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.22 | ||
| Debt/FCF | 1.76 | ||
| Altman-Z | 1.73 |
ROIC/WACC0.54
WACC8.24%
2.3 Liquidity
- A Current Ratio of 1.06 indicates that FORR should not have too much problems paying its short term obligations.
- Looking at the Current ratio, with a value of 1.06, FORR is doing worse than 70.79% of the companies in the same industry.
- A Quick Ratio of 1.06 indicates that FORR should not have too much problems paying its short term obligations.
- FORR has a worse Quick ratio (1.06) than 70.79% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.06 | ||
| Quick Ratio | 1.06 |
3. Growth
3.1 Past
- The earnings per share for FORR have decreased by -0.74% in the last year.
- The Earnings Per Share has been decreasing by -2.16% on average over the past years.
- The Revenue has decreased by -8.73% in the past year.
- FORR shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -1.30% yearly.
EPS 1Y (TTM)-0.74%
EPS 3Y-11.35%
EPS 5Y-2.16%
EPS Q2Q%27.59%
Revenue 1Y (TTM)-8.73%
Revenue growth 3Y-4.36%
Revenue growth 5Y-1.3%
Sales Q2Q%-8.03%
3.2 Future
- Based on estimates for the next years, FORR will show a small growth in Earnings Per Share. The EPS will grow by 6.89% on average per year.
- Based on estimates for the next years, FORR will show a decrease in Revenue. The Revenue will decrease by -1.77% on average per year.
EPS Next Y-15.81%
EPS Next 2Y-3.93%
EPS Next 3Y6.89%
EPS Next 5YN/A
Revenue Next Year-7.34%
Revenue Next 2Y-4.27%
Revenue Next 3Y-1.77%
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 5.39, which indicates a rather cheap valuation of FORR.
- Based on the Price/Earnings ratio, FORR is valued cheaply inside the industry as 93.26% of the companies are valued more expensively.
- FORR is valuated cheaply when we compare the Price/Earnings ratio to 27.93, which is the current average of the S&P500 Index.
- A Price/Forward Earnings ratio of 5.36 indicates a rather cheap valuation of FORR.
- FORR's Price/Forward Earnings ratio is rather cheap when compared to the industry. FORR is cheaper than 94.38% of the companies in the same industry.
- FORR's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.77.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.39 | ||
| Fwd PE | 5.36 |
4.2 Price Multiples
- 92.13% of the companies in the same industry are more expensive than FORR, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.95 | ||
| EV/EBITDA | -0.91 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-3.93%
EPS Next 3Y6.89%
5. Dividend
5.1 Amount
- FORR does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
7.27
-0.01 (-0.14%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryProfessional Services
Earnings (Last)10-30 2025-10-30/amc
Earnings (Next)02-12 2026-02-12/amc
Inst Owners51.99%
Inst Owner Change0.71%
Ins Owners40.21%
Ins Owner Change0.05%
Market Cap138.13M
Revenue(TTM)403.87M
Net Income(TTM)-85.05M
Analysts45.71
Price Target12.24 (68.36%)
Short Float %4.39%
Short Ratio5.45
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)9.14%
Min EPS beat(2)0%
Max EPS beat(2)18.29%
EPS beat(4)3
Avg EPS beat(4)15.44%
Min EPS beat(4)0%
Max EPS beat(4)40.66%
EPS beat(8)4
Avg EPS beat(8)0.66%
EPS beat(12)7
Avg EPS beat(12)4.06%
EPS beat(16)11
Avg EPS beat(16)10.66%
Revenue beat(2)0
Avg Revenue beat(2)-3.6%
Min Revenue beat(2)-6.77%
Max Revenue beat(2)-0.44%
Revenue beat(4)0
Avg Revenue beat(4)-2.59%
Min Revenue beat(4)-6.77%
Max Revenue beat(4)-0.3%
Revenue beat(8)0
Avg Revenue beat(8)-2.45%
Revenue beat(12)1
Avg Revenue beat(12)-2.51%
Revenue beat(16)2
Avg Revenue beat(16)-2.11%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-39.05%
EPS NY rev (1m)0%
EPS NY rev (3m)-4.96%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.43%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.3%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.39 | ||
| Fwd PE | 5.36 | ||
| P/S | 0.34 | ||
| P/FCF | 6.95 | ||
| P/OCF | 6.15 | ||
| P/B | 0.88 | ||
| P/tB | N/A | ||
| EV/EBITDA | -0.91 |
EPS(TTM)1.35
EY18.57%
EPS(NY)1.36
Fwd EY18.66%
FCF(TTM)1.05
FCFY14.39%
OCF(TTM)1.18
OCFY16.26%
SpS21.26
BVpS8.3
TBVpS-0.54
PEG (NY)N/A
PEG (5Y)N/A
Graham Number15.88
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -20.54% | ||
| ROE | -53.94% | ||
| ROCE | 5.68% | ||
| ROIC | 4.49% | ||
| ROICexc | 10.4% | ||
| ROICexgc | N/A | ||
| OM | 3.26% | ||
| PM (TTM) | N/A | ||
| GM | 57.54% | ||
| FCFM | 4.92% |
ROA(3y)0.99%
ROA(5y)1.64%
ROE(3y)2.87%
ROE(5y)5.23%
ROIC(3y)6.15%
ROIC(5y)6.29%
ROICexc(3y)9.7%
ROICexc(5y)9.67%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)7.78%
ROCE(5y)7.96%
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3Y-23.98%
ROICexc growth 5Y23.19%
OM growth 3Y-25.12%
OM growth 5Y14.36%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.78%
GM growth 5Y0.14%
F-Score6
Asset Turnover0.98
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.22 | ||
| Debt/FCF | 1.76 | ||
| Debt/EBITDA | 1.24 | ||
| Cap/Depr | 17.18% | ||
| Cap/Sales | 0.64% | ||
| Interest Coverage | 5.29 | ||
| Cash Conversion | 79.64% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.06 | ||
| Quick Ratio | 1.06 | ||
| Altman-Z | 1.73 |
F-Score6
WACC8.24%
ROIC/WACC0.54
Cap/Depr(3y)24.01%
Cap/Depr(5y)29.15%
Cap/Sales(3y)1%
Cap/Sales(5y)1.43%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-0.74%
EPS 3Y-11.35%
EPS 5Y-2.16%
EPS Q2Q%27.59%
EPS Next Y-15.81%
EPS Next 2Y-3.93%
EPS Next 3Y6.89%
EPS Next 5YN/A
Revenue 1Y (TTM)-8.73%
Revenue growth 3Y-4.36%
Revenue growth 5Y-1.3%
Sales Q2Q%-8.03%
Revenue Next Year-7.34%
Revenue Next 2Y-4.27%
Revenue Next 3Y-1.77%
Revenue Next 5YN/A
EBIT growth 1Y26.72%
EBIT growth 3Y-28.38%
EBIT growth 5Y12.87%
EBIT Next Year-0.34%
EBIT Next 3Y11.64%
EBIT Next 5YN/A
FCF growth 1Y231.38%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y97.04%
OCF growth 3YN/A
OCF growth 5YN/A
FORRESTER RESEARCH INC / FORR FAQ
What is the fundamental rating for FORR stock?
ChartMill assigns a fundamental rating of 3 / 10 to FORR.
Can you provide the valuation status for FORRESTER RESEARCH INC?
ChartMill assigns a valuation rating of 6 / 10 to FORRESTER RESEARCH INC (FORR). This can be considered as Fairly Valued.
Can you provide the profitability details for FORRESTER RESEARCH INC?
FORRESTER RESEARCH INC (FORR) has a profitability rating of 3 / 10.
What is the financial health of FORRESTER RESEARCH INC (FORR) stock?
The financial health rating of FORRESTER RESEARCH INC (FORR) is 4 / 10.
Can you provide the expected EPS growth for FORR stock?
The Earnings per Share (EPS) of FORRESTER RESEARCH INC (FORR) is expected to decline by -15.81% in the next year.