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Added to YB: 2025-03-18

Pitch date: 2025-03-14

FONR [neutral]

FONAR Corporation

+6.12%

current return

Author Info

Stock Pursuit researches domestic deep value equities below net cash, net current asset value or net tangible assets. 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

$13.90

Price Target

N/A

Dividend

N/A

EV/EBITDA

2.84

P/E

11.66

EV/Sales

0.60

Sector

Health Care Equipment and Supplies

Category

value

Show full summary:
FONAR Corporation - $FONR

FONR (wait for Q2 earnings): Upright MRI pioneer, 43 scanners in NY/FL. $101M TTM rev, $13M FCF (8.9% yield), 11x P/FCF. Net-net at $87M cap vs $88M NCAV. Margin decline (51% to 41%) & slow growth concern. Insurance payments impact. $9M buyback. New $2M capex MRI in FL. Wait for Q2 earnings or technical bottom.

Read full article (4 min)