7.2 USD
-0.05 (-0.69%)
Taking everything into account, FORR scores 3 out of 10 in our fundamental rating. FORR was compared to 86 industry peers in the Professional Services industry. The financial health of FORR is average, but there are quite some concerns on its profitability. FORR is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year FORR was profitable.
FORR had a positive operating cash flow in the past year.
Of the past 5 years FORR 4 years were profitable.
Of the past 5 years FORR 4 years had a positive operating cash flow.
1.2 Ratios
The Return On Assets of FORR (-20.54%) is worse than 81.40% of its industry peers.
With a Return On Equity value of -53.94%, FORR is not doing good in the industry: 80.23% of the companies in the same industry are doing better.
The Return On Invested Capital of FORR (4.49%) is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for FORR is significantly below the industry average of 12.04%.
| 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
The Operating Margin of FORR (3.26%) is comparable to the rest of the industry.
In the last couple of years the Operating Margin of FORR has grown nicely.
With a decent Gross Margin value of 57.54%, FORR is doing good in the industry, outperforming 74.42% of the companies in the same industry.
FORR's Gross Margin has been stable in the last couple of years.
| 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.
FORR has less shares outstanding than it did 1 year ago.
The number of shares outstanding for FORR has been increased compared to 5 years ago.
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.
With a Altman-Z score value of 1.73, FORR is not doing good in the industry: 63.95% of the companies in the same industry are doing better.
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.
FORR has a Debt to FCF ratio of 1.76. This is in the better half of the industry: FORR outperforms 73.26% of its industry peers.
FORR has a Debt/Equity ratio of 0.22. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.22, FORR is in line with its industry, outperforming 58.14% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.22 | ||
| Debt/FCF | 1.76 | ||
| Altman-Z | 1.73 |
ROIC/WACC0.55
WACC8.17%
2.3 Liquidity
A Current Ratio of 1.06 indicates that FORR should not have too much problems paying its short term obligations.
With a Current ratio value of 1.06, FORR is not doing good in the industry: 72.09% of the companies in the same industry are doing better.
FORR has a Quick Ratio of 1.06. This is a normal value and indicates that FORR is financially healthy and should not expect problems in meeting its short term obligations.
FORR has a Quick ratio of 1.06. This is in the lower half of the industry: FORR underperforms 72.09% 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.
FORR shows a decrease in Revenue. In the last year, the revenue decreased by -8.73%.
The Revenue has been decreasing by -1.30% on average over the past years.
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
The Earnings Per Share is expected to grow by 6.89% on average over the next years.
FORR is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -1.77% yearly.
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.
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.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 5.33, the valuation of FORR can be described as very cheap.
Based on the Price/Earnings ratio, FORR is valued cheaply inside the industry as 90.70% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 26.92. FORR is valued rather cheaply when compared to this.
FORR is valuated cheaply with a Price/Forward Earnings ratio of 5.31.
Based on the Price/Forward Earnings ratio, FORR is valued cheaper than 93.02% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.46. FORR is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.33 | ||
| Fwd PE | 5.31 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, FORR is valued cheaply inside the industry as 91.86% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.88 | ||
| EV/EBITDA | -0.92 |
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% |
NASDAQ:FORR (12/29/2025, 3:26:20 PM)
7.2
-0.05 (-0.69%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryProfessional Services
Earnings (Last)
Earnings (Next)
Inst Owners51.86%
Inst Owner Change-2%
Ins Owners40.21%
Ins Owner Change0.13%
Market Cap136.80M
Revenue(TTM)403.87M
Net Income(TTM)-85.05M
Analysts45.71
Price Target12.24 (70%)
Short Float %3.07%
Short Ratio3.08
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)-3.03%
EPS NQ rev (3m)-39.05%
EPS NY rev (1m)-3.96%
EPS NY rev (3m)-5.21%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.43%
Revenue NY rev (1m)-0.91%
Revenue NY rev (3m)-1.3%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.33 | ||
| Fwd PE | 5.31 | ||
| P/S | 0.34 | ||
| P/FCF | 6.88 | ||
| P/OCF | 6.09 | ||
| P/B | 0.87 | ||
| P/tB | N/A | ||
| EV/EBITDA | -0.92 |
EPS(TTM)1.35
EY18.75%
EPS(NY)1.36
Fwd EY18.84%
FCF(TTM)1.05
FCFY14.53%
OCF(TTM)1.18
OCFY16.42%
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
WACC8.17%
ROIC/WACC0.55
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.
What is the valuation status for FORR stock?
ChartMill assigns a valuation rating of 6 / 10 to FORRESTER RESEARCH INC (FORR). This can be considered as Fairly Valued.
What is the profitability of FORR stock?
FORRESTER RESEARCH INC (FORR) has a profitability rating of 3 / 10.
What is the valuation of FORRESTER RESEARCH INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for FORRESTER RESEARCH INC (FORR) is 5.33 and the Price/Book (PB) ratio is 0.87.
How sustainable is the dividend of FORRESTER RESEARCH INC (FORR) stock?
The dividend rating of FORRESTER RESEARCH INC (FORR) is 0 / 10 and the dividend payout ratio is 0%.