Compare FONAR Corp. with Similar Stocks
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
With ROE of 6.38%, it has a attractive valuation with a 0.53 Price to Book Value
4
Consistent Underperformance against the benchmark over the last 3 years
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
24.55%
0%
24.55%
6 Months
20.57%
0%
20.57%
1 Year
18.26%
0%
18.26%
2 Years
-6.7%
0%
-6.7%
3 Years
4.04%
0%
4.04%
4 Years
17.96%
0%
17.96%
5 Years
0.93%
0%
0.93%
FONAR Corp. for the last several years.
Risk Adjusted Returns v/s 
News
No Recent News for the Company
Announcements 
No announcement available
Corporate Actions 
No corporate action available
Quality key factors 
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
57.13%
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
Bullish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Mildly Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Bullish
Dow Theory
Mildly Bullish
No Trend
OBV
Mildly Bullish
No Trend
Shareholding Snapshot : Sep 2025
Shareholding Compare (%holding) 
Majority shareholders
Domestic Funds
Domestic Funds
Held in 9 Schemes (14.38%)
Foreign Institutions
Held by 18 Foreign Institutions (2.74%)
Strategic Entities with highest holding
Highest Public shareholder
Quarterly Results Snapshot (Consolidated) - Mar'25 - YoY
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.
Net Sales
YoY Growth in quarter ended Mar 2025 is 5.84% vs 1.18% in Mar 2024
Consolidated Net Profit
YoY Growth in quarter ended Mar 2025 is 24.00% vs -44.44% in Mar 2024
Annual Results Snapshot (Consolidated) - Jun'24
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.
Net Sales
YoY Growth in year ended Jun 2024 is 4.36% vs 1.02% in Jun 2023
Consolidated Net Profit
YoY Growth in year ended Jun 2024 is 16.53% vs -29.65% in Jun 2023
About FONAR Corp. 
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 
Company Details
110 Marcus Dr , MELVILLE NY : 11747-4228
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