FONAR Corp.

  • Market Cap: Micro Cap
  • Industry: Miscellaneous
  • ISIN: US3444374058
USD
14.64
0.25 (1.77%)
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

42.13 k

Shareholding (Mar 2025)

FII

3.17%

Held by 18 FIIs

DII

80.71%

Held by 16 DIIs

Promoter

0.00%

How big is FONAR Corp.?

22-Jun-2025

As of Jun 18, FONAR Corp. has a market capitalization of 89.01 million, with net sales of 103.01 million and a net profit of 10.96 million reported over the latest four quarters. As of Jun 24, the company has shareholder's funds of 165.97 million and total assets of 214.25 million.

Market Cap: As of Jun 18, FONAR Corp. has a market capitalization of 89.01 million, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: For the latest four quarters, FONAR Corp. reported net sales of 103.01 million and a net profit of 10.96 million.<BR><BR>Balance Sheet Snapshot: As of Jun 24, the company reported shareholder's funds of 165.97 million and total assets of 214.25 million.

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What does FONAR Corp. do?

22-Jun-2025

FONAR Corp. designs, manufactures, and services MRI scanners, operating as a micro-cap company with recent net sales of $27 million and a net profit of $3 million. It has a market cap of $89.01 million and key metrics include a P/E ratio of 8.00 and a return on equity of 6.38%.

Overview: <BR>FONAR Corp. is engaged in designing, manufacturing, selling, and servicing magnetic resonance imaging (MRI) scanners, operating within the Miscellaneous industry and classified as a micro-cap company.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 27 Million (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 3 Million (Quarterly Results - Mar 2025) <BR>Market-cap: USD 89.01 Million (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 8.00 <BR>Dividend Yield: 0.00% <BR>Debt Equity: -0.30 <BR>Return on Equity: 6.38% <BR>Price to Book: 0.52<BR><BR>Contact Details: <BR>Address: 110 Marcus Dr, MELVILLE NY: 11747-4228 <BR>Tel: 1 631 6942929 <BR>Website: http://www.fonar.com/

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Should I buy, sell or hold FONAR Corp.?

22-Jun-2025

Who are in the management team of FONAR Corp.?

22-Jun-2025

As of March 2022, FONAR Corp.'s management team includes Dr. Raymond Damadian as Chairman, Principal Financial Officer, and Treasurer, with Mrs. Claudette Chan as Secretary and Director, alongside independent directors Mr. Ronald Lehman, Mr. Charles O'Data, and Mr. Richard Turk.

As of March 2022, the management team of FONAR Corp. includes Dr. Raymond Damadian, who serves as the Chairman of the Board, Principal Financial Officer, and Treasurer. Mrs. Claudette Chan is the Secretary and a Director. Additionally, the board features independent directors: Mr. Ronald Lehman, Mr. Charles O'Data, and Richard Turk.

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Is FONAR Corp. technically bullish or bearish?

20-Sep-2025

As of July 24, 2025, FONAR Corp. has shifted to a mildly bullish trend supported by the weekly MACD and moving averages, despite underperforming the S&P 500 with year-to-date returns of 2.44% compared to 12.22%.

As of 24 July 2025, the technical trend for FONAR Corp. has changed from mildly bearish to mildly bullish. The weekly MACD is bullish, supporting the positive trend, while the daily moving averages also indicate a mildly bullish stance. However, the monthly Bollinger Bands are bearish, and the KST shows a mixed signal with a bullish weekly but bearish monthly reading. The overall technical stance is mildly bullish, driven primarily by the weekly MACD and moving averages. <BR><BR>In terms of multi-period returns, FONAR has underperformed the S&P 500 year-to-date and over the past year, with returns of 2.44% and -10.86%, respectively, compared to the S&P 500's 12.22% and 17.14%. Over three years, FONAR shows a return of 8.84%, significantly lagging behind the S&P 500's 70.41%.

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Is FONAR Corp. overvalued or undervalued?

21-Oct-2025

As of October 17, 2025, FONAR Corp. is fairly valued with a P/E ratio of 8 and a Price to Book Value of 0.53, but has underperformed the S&P 500 with a 1Y return of -1.08%.

As of 17 October 2025, the valuation grade for FONAR Corp. has moved from attractive to fair, indicating a shift in its perceived value. Based on the current metrics, the company appears to be fairly valued. Key ratios include a P/E ratio of 8, a Price to Book Value of 0.53, and an EV to EBITDA of 2.31, which suggest that the stock is trading at a discount relative to its earnings and book value.<BR><BR>In comparison to peers, FONAR Corp. has a P/E ratio of 8.9956, while Longboard Pharmaceuticals, Inc. shows a significantly negative P/E of -27.0419, indicating that FONAR is in a better position relative to this peer. The return performance of FONAR Corp. has lagged behind the S&P 500, with a 1Y return of -1.08% compared to the S&P 500's 14.08%, reflecting challenges in the stock's performance over the past year.

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iScoreScore
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Strong Sell
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Strong Buy

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Dashboard
1

Poor long term growth as Operating profit has grown by an annual rate -6.81% of over the last 5 years

 
2

The company has declared Negative results for the last 5 consecutive quarters

3

Reducing Promoter Confidence

4

Consistent Underperformance against the benchmark over the last 3 years

stock-summaryMojo Parameters
Mojo Parameters
Stock DNA
stock-summary
Industry

Miscellaneous

stock-summary
Market cap

USD 99 Million (Micro Cap)

stock-summary
P/E

8.00

stock-summary
Industry P/E

NA

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

-0.30

stock-summary
Return on Equity

6.38%

stock-summary
Price to Book

0.57

Revenue and Profits:
Net Sales:
27 Million
(Quarterly Results - Mar 2025)
Net Profit:
3 Million
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-5.46%
0%
-5.46%
6 Months
0.86%
0%
0.86%
1 Year
-8.98%
0%
-8.98%
2 Years
-23.64%
0%
-23.64%
3 Years
-20.75%
0%
-20.75%
4 Years
-7.54%
0%
-7.54%
5 Years
-24.16%
0%
-24.16%

FONAR Corp. for the last several years.

Risk Adjusted Returns v/s stock-summary
stock-summaryNews & Corporate Actions
News
Announcements stock-summary
Icon
No announcement available
Corporate Actions stock-summary
Icon
No corporate action available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
3.35%
EBIT Growth (5y)
-6.81%
EBIT to Interest (avg)
16.33
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.30
Sales to Capital Employed (avg)
0.60
Tax Ratio
23.15%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
59.33%
ROCE (avg)
14.79%
ROE (avg)
8.65%
Valuation key factors
Factor
Value
P/E Ratio
8
Industry P/E
Price to Book Value
0.53
EV to EBIT
3.39
EV to EBITDA
2.31
EV to Capital Employed
0.34
EV to Sales
0.40
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
9.94%
ROE (Latest)
6.38%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
Mildly Bearish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Mar 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Domestic Funds

Domestic Funds

Held in 10 Schemes (16.12%)

Foreign Institutions

Held by 18 Foreign Institutions (3.17%)

Strategic Entities with highest holding

Highest Public shareholder

stock-summaryFinancial
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          "val2": "2.50",
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Quarterly Results Snapshot (Consolidated) - Mar'25 - YoYstock-summary
Mar'25
Mar'24
Change(%)
Net Sales
27.20
25.70
5.84%
Operating Profit (PBDIT) excl Other Income
4.90
6.00
-18.33%
Interest
0.00
0.00
Exceptional Items
0.00
0.00
Consolidate Net Profit
3.10
2.50
24.00%
Operating Profit Margin (Excl OI)
134.80%
145.70%
-1.09%
USD in Million.
Direction Arrows
Net Sales

YoY Growth in quarter ended Mar 2025 is 5.84% vs 1.18% in Mar 2024

Direction Arrows
Consolidated Net Profit

YoY Growth in quarter ended Mar 2025 is 24.00% vs -44.44% in Mar 2024

Annual Results Snapshot (Consolidated) - Jun'24stock-summary
Jun'24
Jun'23
Change(%)
Net Sales
102.90
98.60
4.36%
Operating Profit (PBDIT) excl Other Income
25.40
23.60
7.63%
Interest
0.10
0.10
Exceptional Items
0.00
0.00
Consolidate Net Profit
14.10
12.10
16.53%
Operating Profit Margin (Excl OI)
160.70%
149.90%
1.08%
USD in Million.
Direction Arrows
Net Sales

YoY Growth in year ended Jun 2024 is 4.36% vs 1.02% in Jun 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Jun 2024 is 16.53% vs -29.65% in Jun 2023

stock-summaryCompany CV
About FONAR Corp. stock-summary
stock-summary
FONAR Corp.
Miscellaneous
Fonar Corporation (Fonar) is engaged in the business of designing, manufacturing, selling and servicing magnetic resonance imaging (MRI) scanners, which utilizes MRI technology for the detection and diagnosis of human disease, abnormalities, other medical conditions and injuries. The Company operates its business through two segments: Medical Equipment segment, and Physician Management and Diagnostic Services segment. Its Medical Equipment segment is conducted through Fonar. Its Physician Management and Diagnostic Services segment is conducted through its subsidiary Health Management Company of America (HMCA). It offers Upright MRI, which is used to scan any part of the body. The Upright MRI allows patients to be scanned in various conditions, such as standing, sitting, bending or lying down in any position. The Company offers SMART, where scanning allows for same-scan customization of 63 slices.
Company Coordinates stock-summary
Company Details
110 Marcus Dr , MELVILLE NY : 11747-4228
stock-summary
Tel: 1 631 6942929
stock-summary
Registrar Details