WallStSmart

Fonar Corporation (FONR)vsIQVIA Holdings Inc (IQV)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

IQVIA Holdings Inc generates 16022% more annual revenue ($16.98B vs $105.34M). IQV leads profitability with a 8.1% profit margin vs 6.3%. FONR trades at a lower P/E of 19.1x. IQV earns a higher WallStSmart Score of 55/100 (C).

FONR

Hold

38

out of 100

Grade: F

Growth: 2.7Profit: 4.5Value: 4.3Quality: 8.5
Piotroski: 3/9Altman Z: 3.02

IQV

Buy

55

out of 100

Grade: C

Growth: 4.0Profit: 6.5Value: 6.0Quality: 3.0
Piotroski: 2/9Altman Z: 1.23
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

FONRSignificantly Overvalued (-26.7%)

Margin of Safety

-26.7%

Fair Value

$14.66

Current Price

$19.09

$4.43 premium

UndervaluedFair: $14.66Overvalued
IQVUndervalued (+11.9%)

Margin of Safety

+11.9%

Fair Value

$201.21

Current Price

$261.77

$60.56 discount

UndervaluedFair: $201.21Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

FONR3 strengths · Avg: 9.7/10
Price/BookValuation
0.7x10/10

Reasonable price relative to book value

Altman Z-ScoreHealth
3.0210/10

Safe zone — low bankruptcy risk

Debt/EquityHealth
0.229/10

Conservative balance sheet, low leverage

IQV2 strengths · Avg: 8.5/10
Return on EquityProfitability
22.3%9/10

Every $100 of equity generates 22 in profit

PEG RatioValuation
0.978/10

Growing faster than its price suggests

Areas to Watch

FONR4 concerns · Avg: 3.0/10
Market CapQuality
$120.20M3/10

Smaller company, higher risk/reward

Return on EquityProfitability
5.5%3/10

ROE of 5.5% — below average capital efficiency

Profit MarginProfitability
6.3%3/10

6.3% margin — thin

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

IQV4 concerns · Avg: 2.8/10
P/E RatioValuation
31.9x4/10

Premium valuation, high expectations priced in

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

EPS GrowthGrowth
-0.6%2/10

Earnings declined 0.6%

Altman Z-ScoreHealth
1.232/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : FONR

The strongest argument for FONR centers on Price/Book, Altman Z-Score, Debt/Equity.

Bull Case : IQV

The strongest argument for IQV centers on Return on Equity, PEG Ratio. PEG of 0.97 suggests the stock is reasonably priced for its growth.

Bear Case : FONR

The primary concerns for FONR are Market Cap, Return on Equity, Profit Margin.

Bear Case : IQV

The primary concerns for IQV are P/E Ratio, Piotroski F-Score, EPS Growth. Debt-to-equity of 2.63 is elevated, increasing financial risk.

Key Dynamics to Monitor

IQV carries more volatility with a beta of 1.19 — expect wider price swings.

IQV is growing revenue faster at 8.7% — sustainability is the question.

IQV generates stronger free cash flow (360M), providing more financial flexibility.

Monitor DIAGNOSTICS & RESEARCH industry trends, competitive dynamics, and regulatory changes.

Bottom Line

IQV scores higher overall (55/100 vs 38/100). Both earn "Buy" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Fonar Corporation

HEALTHCARE · DIAGNOSTICS & RESEARCH · USA

FONAR Corporation is engaged 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 is headquartered in Melville, New York.

IQVIA Holdings Inc

HEALTHCARE · DIAGNOSTICS & RESEARCH · USA

IQVIA, formerly Quintiles and IMS Health, Inc., is an American multinational company serving the combined industries of health information technology and clinical research. It is a provider of biopharmaceutical development and commercial outsourcing services, focused primarily on Phase I-IV clinical trials and associated laboratory and analytical services, including consulting services.

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