AlphaMadera's AlphaVal page classifies Forrester Research, Inc. as a Stable Earnings Power business and values it using P/Adj-EPS × Normalized Multiple, then compares the result to the current market price to flag FORR as undervalued, fairly valued, or overvalued.

What is Forrester Research, Inc.'s fair value?

Fair value for FORR comes from a P/Adj-EPS × Normalized Multiple model -- the approach AlphaVal selected for this company's Stable Earnings Power classification. The live AlphaVal page shows bear, base, and bull scenarios alongside the key assumption behind each.

How does AlphaMadera value FORR?

AlphaVal routes each company to one of ten valuation archetypes based on its business model. FORR was classified as Stable Earnings Power and is valued using P/Adj-EPS × Normalized Multiple, built from FORR's most recent reported fundamentals.

FORR - Forrester Research, Inc.

Price: -- -- | CONSENSUS: Hold DETAILS

AlphaVal

Deterministic, archetype-aware fair value

Stable Earnings Power 40% confidence

Primary model: P/Adj-EPS × Normalized Multiple

Valuation Signal Overvalued Strong

Trading 299.2% above fair value

Current Price $12.10

Bear Case $2.42 80.0% downside ($2.42 - $12.10) / $12.10 = -80.0% $0.20 × 12x P/E

Fair Value $3.03 74.9% downside ($3.03 - $12.10) / $12.10 = -74.9% $0.20 × 15x P/E

Bull Case $3.64 69.9% downside ($3.64 - $12.10) / $12.10 = -69.9% $0.20 × 18x P/E

Adjust Assumptions

P/E Multiple

15.0x

Adjusted EPS

0.2$

Key Value Driver

Normalized P/E multiple (15x base case)

Terminal Value % of EV

Implied Market Multiple 59.9x

Market is pricing in (growth)

Plain-Language Summary

Applying a 15x P/E to adjusted EPS of $0.20, the base-case value is $3.03 per share. DDM cross-check: $24.35.

Warnings

ℹ Dividend-based valuation: $24.35 (above our primary estimate by 703%). Large gaps may signal the dividend doesn't reflect full earning power.

Key Risks

Growth DCF inappropriate — terminal value assumptions dominate
EV/EBITDA misleading for regulated businesses where capex is mandated
Regulatory risk is a fat tail not visible in normal multiples