Company Valuation: FONAR Corporation

Data adjusted to current consolidation scope
Fiscal Period: June 2020 2021 2022 2023 2024 2025
Market Cap 1 146 122.6 105.4 118.3 107.4 98
Change - -15.97% -14.08% 12.31% -9.27% -8.73%
Enterprise Value (EV) 1 144.9 112.8 94.83 104 92.57 80.47
Change - -22.12% -15.96% 9.71% -11.02% -13.08%
P/E 17.9x 12.1x 8.54x 12.6x 10.3x 11.9x
PBR 1.16x 0.89x 0.7x 0.74x 0.65x 0.57x
PEG - 0.6x 0.4x -0.5x 0.7x -0.6x
Capitalization / Revenue 1.7x 1.36x 1.08x 1.2x 1.04x 0.94x
EV / Revenue 1.69x 1.25x 0.97x 1.05x 0.9x 0.77x
EV / EBITDA 8.25x 5.33x 3.57x 5.38x 4.38x 5.05x
EV / EBIT 10.6x 6.6x 4.31x 7.03x 5.6x 6.94x
EV / FCF 24.7x 12.2x 11.7x 12.8x 8.03x 25.7x
FCF Yield 4.05% 8.21% 8.52% 7.79% 12.5% 3.89%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 1.196 1.459 1.778 1.36 1.561 1.261
Distribution rate - - - - - -
Net sales 1 85.69 89.93 97.59 98.65 102.9 104.4
EBITDA 1 17.56 21.18 26.54 19.33 21.13 15.92
EBIT 1 13.65 17.1 22.01 14.79 16.54 11.6
Net income 1 8.24 10.21 12.44 9.376 10.57 8.334
Net Debt 1 -1.06 -9.799 -10.54 -14.3 -14.8 -17.54
Reference price 2 21.37 17.68 15.19 17.10 16.00 14.96
Nbr of stocks (in thousands) 6,830 6,937 6,937 6,921 6,711 6,551
Announcement Date 01/10/20 13/10/21 28/09/22 28/09/23 27/09/24 22/09/25
1USD in Million2USD
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
33.55x5.86x22.46x0.27% 250B
37.86x6.77x21.47x0.63% 158B
43.91x11.62x25.64x-.--% 143B
16.61x3.4x11.09x-.--% 63.65B
34.1x6.82x21.58x-.--% 49.74B
33.66x6.66x22.6x0.59% 48.71B
18.61x2.27x11.47x2.71% 47.94B
75.9x7.23x22.05x-.--% 42.59B
54.59x8.79x31.04x-.--% 40.77B
Average 38.75x 6.60x 21.04x 0.47% 93.77B
Weighted average by Cap. 37.18x 6.93x 21.68x 0.39%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA