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Forza Innovations (Forza Innovations) EV-to-FCF : -10.60 (As of May. 12, 2024)


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What is Forza Innovations EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Forza Innovations's Enterprise Value is $2.31 Mil. Forza Innovations's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.22 Mil. Therefore, Forza Innovations's EV-to-FCF for today is -10.60.

The historical rank and industry rank for Forza Innovations's EV-to-FCF or its related term are showing as below:

FORZ' s EV-to-FCF Range Over the Past 10 Years
Min: -519.32   Med: 97.34   Max: 25918.29
Current: -10.6

During the past 8 years, the highest EV-to-FCF of Forza Innovations was 25918.29. The lowest was -519.32. And the median was 97.34.

FORZ's EV-to-FCF is ranked worse than
100% of 363 companies
in the Medical Devices & Instruments industry
Industry Median: 27.99 vs FORZ: -10.60

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-05-12), Forza Innovations's stock price is $0.0001. Forza Innovations's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.002. Therefore, Forza Innovations's PE Ratio for today is At Loss.


Forza Innovations EV-to-FCF Historical Data

The historical data trend for Forza Innovations's EV-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Forza Innovations EV-to-FCF Chart

Forza Innovations Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EV-to-FCF
Get a 7-Day Free Trial - -9.91 8,656.50 -3.22 -2.49

Forza Innovations Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.42 -1.73 -2.49 -4.48 -12.19

Competitive Comparison of Forza Innovations's EV-to-FCF

For the Medical Devices subindustry, Forza Innovations's EV-to-FCF, along with its competitors' market caps and EV-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Forza Innovations's EV-to-FCF Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Forza Innovations's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Forza Innovations's EV-to-FCF falls into.



Forza Innovations EV-to-FCF Calculation

Forza Innovations's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=2.311/-0.218
=-10.60

Forza Innovations's current Enterprise Value is $2.31 Mil.
Forza Innovations's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.22 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Forza Innovations  (OTCPK:FORZ) EV-to-FCF Explanation

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

Forza Innovations's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.0001/-0.002
=At Loss

Forza Innovations's share price for today is $0.0001.
Forza Innovations's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.002.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Forza Innovations EV-to-FCF Related Terms

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Forza Innovations (Forza Innovations) Business Description

Traded in Other Exchanges
N/A
Address
406 9th Avenue, Suite 210, San Diego, CA, USA, 92101
Forza Innovations Inc is in the health-tech wearable performance business. The company has acquired all the ownership and rights to certain late developmental-stage products, including the J4 Sport, J4 X, and J4 Fitbelt. These products are wearable back compression devices, used to relax, warm up, loosen, or relax stiff & sore muscles. The therapeutic application of heat causes a change in the temperature of the soft tissues which decreases joint stiffness and relieves inflammation.
Executives
Johnny Forzani director, 10 percent owner, officer: Pres., CEO, Sec., Treas., CFO 30 FORZANI WAY, CALGARY A0 T3Z 1L5
Shefali Vibhakar director, 10 percent owner, officer: President, CEO, CFO, Sec. Trea 1914 24TH AVE E, PALMETTO FL 34221
Tom Forzani director 30 FORZANI WAY, CALGARY A0 T3Z 1L5
Geoff Stanbury director BOX 25 SITE 1 RR1, MILLARVILLE A0 T0L 1K0