FORRESTER RESEARCH, INC. (FORR)
Services-Engineering, Accounting, Research, Management
Latest Price
$11.50
TTM P/E
--
Normalized P/E
--
Div Yield
--
Book Value
5.56
P/B Ratio
2.07
Valuation metrics
adjust assumptions →Norm. op. income: $7M (median of 7yr)
Tax rate: 27%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$5.93
48% downside
Base FCF: $26M (median of recent 5yr)
Growth: -4%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$15.17
+32% upside
Institutional Ownership
55.8% held by institutions| Institution | Shares | Value | Ownership % | Change | Filing Date |
|---|---|---|---|---|---|
| Portolan Capital Management, LLC | 1.54M | $8.0M | 8.04% | +835.5K | 2026-03-31 |
| BlackRock, Inc. | 907.4K | $5.0M | 4.73% | -49.6K | 2026-03-31 |
| FIRST MANHATTAN CO. LLC. | 750.0K | $4.0M | 3.91% | +662.8K | 2026-03-31 |
| Pacific Ridge Capital Partners, LLC | 710.8K | $4.0M | 3.71% | +122.0K | 2026-03-31 |
| Nantahala Capital Management, LLC | 694.4K | $3.0M | 3.62% | -- | 2026-03-31 |
| Tieton Capital Management, LLC | 559.0K | $3.0M | 2.92% | +20.5K | 2026-03-31 |
| VANGUARD CAPITAL MANAGEMENT LLC | 486.9K | $2.0M | 2.54% | -- | 2026-03-31 |
| ArrowMark Colorado Holdings LLC | 473.0K | $2.0M | 2.47% | -83.4K | 2026-03-31 |
| RENAISSANCE TECHNOLOGIES LLC | 436.7K | $2.0M | 2.28% | -11.3K | 2026-03-31 |
| Clear Street Group Inc. | 389.8K | $2.0M | 2.03% | -- | 2026-03-31 |