Added to YB: 2025-05-26
Pitch date: 2025-05-22
FONR [neutral]
FONAR Corporation
+7.43%
current return
Author Info
Buggy Whip Bargains has their heads stuck in 10Ks and 10Qs of 'old world' businesses trading below tangible book value. Opinions expressed here are not recommendations or advice. Do your own research. Sign up for the newsletter.
Company Info
FONAR Corporation, together with its subsidiaries, engages in the designing, manufacturing, selling, and servicing of magnetic resonance imaging (MRI) scanners for the detection and diagnosis of human diseases, abnormalities, other medical conditions, and injuries in the United States.
Market Cap
$92.6M
Pitch Price
$13.73
Price Target
25.98 (+76%)
Dividend
N/A
EV/EBITDA
2.84
P/E
11.66
EV/Sales
0.60
Sector
Health Care Equipment and Supplies
Category
growth
The Deep Value Week – 2025/20 - FONAR Corporation
FONR (earnings update): Q3 net income +24% YoY to $3.1M ($0.37 EPS, +37%) on 6% rev growth, despite 9-month net income -25% YoY. HMCA subsidiary set scan volume records with 44 MRI scanners. Strong balance sheet ($54.4M cash, $25.98 BV/share +5%). Growth plan via new MRI installations & ongoing buybacks ($6.1M/$9M completed).
Read full article (1 min)