Why is Forian, Inc. ?
1
With a growth in Net Sales of 56.5%, the company declared Very Positive results in Jun 25
- OPERATING CASH FLOW(Y) Highest at USD 2.62 MM
- PRE-TAX PROFIT(Q) At USD 0.35 MM has Grown at 121.61%
- NET PROFIT(Q) At USD 0.23 MM has Grown at 114.2%
2
Majority shareholders : Mutual Funds
How much should you buy?
- Overall Portfolio exposure to Forian, Inc. should be less than 10%
- Overall Portfolio exposure to Software Products should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Software Products)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Forian, Inc. for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Forian, Inc.
5.83%
-0.25
70.36%
S&P 500
13.22%
0.61
20.17%
Quality key factors
Factor
Value
Sales Growth (5y)
39.87%
EBIT Growth (5y)
15.32%
EBIT to Interest (avg)
-12.32
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
-0.96
Sales to Capital Employed (avg)
0.51
Tax Ratio
0.77%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
15.97%
ROCE (avg)
0
ROE (avg)
1.89%
Valuation Key Factors 
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
Price to Book Value
2.14
EV to EBIT
-6.56
EV to EBITDA
-6.72
EV to Capital Employed
30.63
EV to Sales
1.58
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-466.70%
ROE (Latest)
-8.78%
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Sideways
Moving Averages
Mildly Bullish (Daily)
KST
Bullish
Mildly Bullish
Dow Theory
No Trend
Mildly Bullish
OBV
Mildly Bearish
No Trend
Technical Movement
26What is working for the Company
OPERATING CASH FLOW(Y)
Highest at USD 2.62 MM
PRE-TAX PROFIT(Q)
At USD 0.35 MM has Grown at 121.61%
NET PROFIT(Q)
At USD 0.23 MM has Grown at 114.2%
NET SALES(Q)
Highest at USD 7.48 MM
OPERATING PROFIT(Q)
Highest at USD 0.11 MM
OPERATING PROFIT MARGIN(Q)
Highest at 1.48 %
EPS(Q)
Highest at USD 0.01
-1What is not working for the Company
RAW MATERIAL COST(Y)
Grown by 9.65% (YoY
Here's what is working for Forian, Inc.
Operating Cash Flow
Highest at USD 2.62 MM and Grown
In each year in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (USD MM)
Net Sales
At USD 7.48 MM has Grown at 56.5%
Year on Year (YoY)MOJO Watch
Near term sales trend is very positive
Net Sales (USD MM)
Pre-Tax Profit
At USD 0.35 MM has Grown at 121.61%
Year on Year (YoY)MOJO Watch
Near term Pre-Tax Profit trend is very positive
Pre-Tax Profit (USD MM)
Net Profit
At USD 0.23 MM has Grown at 114.2%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is very positive
Net Profit (USD MM)
Net Sales
Highest at USD 7.48 MM
in the last five periodsMOJO Watch
Near term sales trend is positive
Net Sales (USD MM)
Operating Profit
Highest at USD 0.11 MM
in the last five periodsMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (USD MM)
Operating Profit Margin
Highest at 1.48 %
in the last five periodsMOJO Watch
Company's profit margin has improved
Operating Profit to Sales
EPS
Highest at USD 0.01
in the last five periodsMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (USD)
Here's what is not working for Forian, Inc.
Raw Material Cost
Grown by 9.65% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has deteriorated; this may lead to a fall in profit margin
Raw Material Cost as a percentage of Sales






