Market cap
$224 Mln
Revenue (TTM)
$381 Mln
P/E Ratio
--
P/B Ratio
1.8
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 17.29 | -10.23 | -7.54 | -9.49 | -4.17 |
| EBIT | 118.41 | -57.66 | 34.40 | -272.98 | -216.70 |
| Net Profit | 169.89 | 289.80 | 52.02 | -855.01 | -239.46 |
| EPS | 168.51 | 283.99 | 52.00 | -305.58 | -231.96 |
| Book Value | -- | -- | -45.05 | -16.97 | -7.28 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-25 | Dec-24 |
| EBIT-Margin
| -8.72 | -2.49 | -13.52 | -29.41 | 1.31 |
| Net Margin
| -- | 4.54 | -11.17 | -- | -- |
| Return on equity
| -22.72 | -9.03 | -34.31 | -67.04 | -2.45 |
| Return on Capital
| -16.20 | -7.11 | -- | -47.69 | -1.83 |
| Return on Assets
| -8.95 | -3.94 | -6.77 | -26.29 | -1.08 |
| Debt to Equity (x)
| -- | -- | 0.29 | 0.57 | 0.32 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Forrester Research (FORR)
|
--
|
-47.69
|
-1.83
|
0.92
|
6.29
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
-34.31
Lower than Peers by 34.91
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Forrester Research (FORR)
|
-34.31
|
-67.04
|
-2.45
|
1.32
|
10.25
|
|
Peer Median
|
0.60
|
--
|
--
|
--
|
--
|
ROA
-6.77
Lower than Peers by 6.72
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Forrester Research (FORR)
|
-6.77
|
-26.29
|
-1.08
|
0.52
|
3.38
|
|
Peer Median
|
-0.05
|
--
|
--
|
--
|
--
|
EBIT Margin
-13.52
Lower than Peers by 18.00
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Forrester Research (FORR)
|
-13.52
|
-29.41
|
1.31
|
1.94
|
6.17
|
|
Peer Median
|
4.48
|
--
|
--
|
--
|
--
|
Net Margin
-11.17
Lower than Peers by 11.02
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Forrester Research (FORR)
|
-11.17
|
-30.07
|
-1.33
|
0.63
|
4.05
|
|
Peer Median
|
-0.16
|
--
|
--
|
--
|
--
|
Cash Profit Margin
0.00
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Forrester Research (FORR)
|
0.00
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
-7.54
Lower than Peers by 6.40
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Forrester Research (FORR)
|
-7.54
|
-0.08
|
-0.10
|
-0.11
|
0.09
|
|
Peer Median
|
-1.14
|
--
|
--
|
--
|
--
|
EBIT Growth
34.40
Higher than Peers by 31.92
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Forrester Research (FORR)
|
34.40
|
-2,166.73
|
-39.56
|
-71.82
|
-11.38
|
|
Peer Median
|
2.48
|
--
|
--
|
--
|
--
|
Net Profit Growth
52.02
Higher than Peers by 33.63
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Forrester Research (FORR)
|
52.02
|
-1,976.91
|
-288.43
|
-86.01
|
-12.23
|
|
Peer Median
|
18.39
|
--
|
--
|
--
|
--
|
EPS Growth
52.00
Higher than Peers by 13.99
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Forrester Research (FORR)
|
52.00
|
-19.70
|
-2.91
|
-0.86
|
-0.11
|
|
Peer Median
|
38.01
|
--
|
--
|
--
|
--
|
Book Value Growth
-24.89
Lower than Peers by 24.96
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Forrester Research (FORR)
|
-24.89
|
--
|
--
|
--
|
--
|
|
Peer Median
|
0.07
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.29
Higher than Peers by 0.16
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Forrester Research (FORR)
|
0.29
|
0.57
|
0.32
|
0.36
|
0.52
|
|
Peer Median
|
0.13
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Forrester Research (FORR)
|
--
|
0.33
|
0.06
|
0.06
|
0.06
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.06
Lower than Peers by 0.17
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Forrester Research (FORR)
|
1.06
|
0.89
|
0.99
|
0.90
|
0.87
|
|
Peer Median
|
1.23
|
--
|
--
|
--
|
--
|
Quick Ratio
1.06
Lower than Peers by 0.05
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Forrester Research (FORR)
|
1.06
|
--
|
--
|
--
|
0.78
|
|
Peer Median
|
1.12
|
--
|
--
|
--
|
--
|
Interest Coverage
-20.37
Lower than Peers by 21.72
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Forrester Research (FORR)
|
-20.37
|
-43.56
|
1.88
|
3.05
|
13.47
|
|
Peer Median
|
1.35
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
9.48
Lower than Peers by 10.01
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Forrester Research (FORR)
|
9.48
|
12.81
|
12.83
|
12.27
|
13.64
|
|
Peer Median
|
19.49
|
--
|
--
|
--
|
--
|
Asset Turnover
0.61
Higher than Peers by 0.09
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Forrester Research (FORR)
|
0.61
|
0.87
|
0.81
|
0.82
|
0.83
|
|
Peer Median
|
0.52
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Forrester Research (FORR)
|
--
|
48.93
|
48.35
|
50.27
|
54.44
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Forrester Research (FORR)
|
--
|
--
|
--
|
43.87
|
44.23
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Forrester Research (FORR)
|
--
|
1.92
|
52.26
|
1.93
|
0.98
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Forrester Research (FORR)
|
--
|
--
|
--
|
92.21
|
97.68
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
--
--
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Forrester Research (FORR)
|
--
|
-1.29
|
-51.65
|
169.11
|
31.24
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Price / Book Value
1.83
Higher than Peers by 0.62
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Forrester Research (FORR)
|
1.83
|
1.22
|
1.29
|
2.15
|
3.07
|
|
Peer Median
|
1.21
|
--
|
--
|
--
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Forrester Research (FORR)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
EV/EBITDA
7.56
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Forrester Research (FORR)
|
7.56
|
-1.03
|
7.39
|
11.55
|
9.59
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
224
Higher than Peers by 139
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Forrester Research (FORR)
|
224
|
--
|
--
|
--
|
--
|
|
Peer Median
|
85
|
--
|
--
|
--
|
--
|