FONAR Corporation

NasdaqCM FONR

FONAR Corporation Free Cash Flow Yield on January 14, 2025: 10.97%

FONAR Corporation Free Cash Flow Yield is 10.97% on January 14, 2025, a 14.04% change year over year. Free cash flow yield compares the return from free cash flow to the market cap; higher yield suggests attractive investment.
  • FONAR Corporation 52-week high Free Cash Flow Yield is 13.80% on May 20, 2024, which is 25.86% above the current Free Cash Flow Yield.
  • FONAR Corporation 52-week low Free Cash Flow Yield is 7.89% on February 26, 2024, which is -28.04% below the current Free Cash Flow Yield.
  • FONAR Corporation average Free Cash Flow Yield for the last 52 weeks is 10.96%.
Key data
Date Free Cash Flow Yield Market Value Added (MVA) Price to Book Ratio (P/B) Price to Earnings Ratio (P/E)
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NasdaqCM: FONR

FONAR Corporation

CEO Mr. Timothy R. Damadian M.D.
IPO Date Oct. 29, 1981
Location United States
Headquarters 110 Marcus Drive
Employees 520
Sector Industrials
Industries
Description

FONAR Corporation, together with its subsidiaries, engages in the research, development, production, and marketing of magnetic resonance imaging (MRI) scanners for the detection and diagnosis of human diseases in the United States. The company operates through two segments, Medical Equipment segment, and Physician Management and Diagnostic services segment. It provides Upright MRI scanner that allows patients to be scanned in weight-bearing conditions, such as standing, sitting, bending, or lying down. The company offers non-medical management, including administrative services, billing and collection services, credentialing services, contract negotiations, compliance consulting, purchasing IT services, hiring, conducting interviews, training, supervision and management of non-medical personnel, storage of medical records, office space, equipment, repair maintenance services, accounting, assistance with compliance matters and the development and implementation of practice growth and marketing strategies. The company owns and operates 5 diagnostic imaging facilities in Florida; and manages 39 MRI scanning facilities, including 25 facilities located in New York and 14 situated in Florida. It markets its scanners to private diagnostic imaging centers and hospitals. The company was incorporated in 1978 and is based in Melville, New York.

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StockViz Staff

January 15, 2025

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