Fonar Corporation

NASDAQ FONR

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Fonar Corporation Enterprise Value to EBITDA (EV/EBITDA) on June 03, 2024: 1.81

Fonar Corporation Enterprise Value to EBITDA (EV/EBITDA) is 1.81 on June 03, 2024, a -32.38% change year over year. The EV/EBITDA ratio compares a company's enterprise value to its EBITDA. It provides insight into the company's valuation relative to its earnings and is commonly used in comparing the relative value of different companies within an industry. A lower ratio suggests a potentially more favorable valuation.
  • Fonar Corporation 52-week high Enterprise Value to EBITDA (EV/EBITDA) is 3.95 on February 27, 2024, which is 118.44% above the current Enterprise Value to EBITDA (EV/EBITDA).
  • Fonar Corporation 52-week low Enterprise Value to EBITDA (EV/EBITDA) is 1.43 on October 25, 2023, which is -21.03% below the current Enterprise Value to EBITDA (EV/EBITDA).
  • Fonar Corporation average Enterprise Value to EBITDA (EV/EBITDA) for the last 52 weeks is 2.73.
NASDAQ: FONR

Fonar Corporation

CEO Mr. Timothy R. Damadian
IPO Date Jan. 1, 1987
Location United States
Headquarters 110 Marcus Drive, Melville, NY, United States, 11747
Employees 561
Sector Healthcare
Industry Diagnostics & research
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 in two segments, Medical Equipment, and Physician Management and Diagnostic Services. 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 also 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 development and implementation of practice growth and marketing strategies. It owns and operates diagnostic imaging facilities in Florida; and manages MRI scanning facilities. The company markets its scanners to private diagnostic imaging centers and hospital outpatient imaging facilities. FONAR Corporation was founded in 1970 and is based in Melville, New York.

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StockViz Staff

September 19, 2024

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