Forsee Power SA (ALFOR) AI Stock Analysis

• Market Cap: €28.77M
• Dividend Yield: N/A
• Average Volume (3M): 113.28K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.92
• Revenue Growth: -16.19%
• EPS Growth: -32.43%
• Country: FR
• Employees: 732
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Electrical Equipment & Parts
• EPS (TTM): -0.15
• Shares Outstanding: 117,472,440
• 10 Day Avg. Volume: 122,876
• 30 Day Avg. Volume: 113,277
• PEG Ratio: 0.04
• Price to Book (P/B): 0.63
• Price to Sales (P/S): 0.20
• P/FCF Ratio: -2.28
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): -0.12
• Revenue Forecast (FY): €110.87M

• Rating: 40 Underperform
• Price Target: €0.24 ▼(-12.22% Downside)
• Action: Downgraded Date: 11/30/25
• Date: Action: Downgraded 11/30/25

Forsee Power SA's overall stock score is primarily impacted by its weak financial performance and poor valuation metrics. The stock's bearish technical indicators further contribute to the low score. The absence of earnings call data and corporate events means these factors do not influence the score.

Positive Factors

Revenue Growth

The significant revenue growth from 2020 to 2022 indicates strong demand for Forsee Power's products and services, supporting long-term business expansion.

Improved Cash Flow

Improved operating cash flow reflects better cash management and operational efficiency, enhancing financial stability and supporting future investments.

Debt-to-Equity Improvement

The improvement in the debt-to-equity ratio indicates better financial health and reduced reliance on debt, enhancing the company's long-term sustainability.

Negative Factors

Profitability Challenges

Ongoing profitability challenges with negative net incomes and EBIT suggest difficulties in achieving sustainable earnings, impacting long-term viability.

Decreased Gross Profit Margin

The sharp decline in gross profit margin indicates increased cost pressures or pricing issues, which could hinder future profitability and competitiveness.

High Debt Levels

High debt levels pose a risk to financial stability, potentially limiting the company's ability to invest in growth opportunities and manage economic downturns.

Forsee Power SA Business Overview & Revenue Model

Company Description

Forsee Power SAS designs, manufactures, assembles, and supplies lithium-ion battery systems for mobility applications in Europe, Asia, and North America. It offers high-energy battery solutions, such as ZEN 35, ZEN 42, ZEN slim, FLEX 7, PULSE 2.5, and PULSE 15; portable battery solutions, such as GO 1.6 energy, GO 1.6 power, GO 10, GO 8, and custom-made batteries; and smart battery systems for industrial devices. The company's products have applications in autonomous vehicles and robotics, light urban and utility vehicles, buses and trucks, rails, and marine vessels, as well as agricultural, construction, and industrial vehicles. It is also involved in the installation, commissioning, and on-site or remote maintenance of energy management systems. In addition, the company offers financing products, which include battery rental solutions; and second life solutions for transport batteries. Forsee Power SAS was incorporated in 2007 and is headquartered in Ivry-sur-Seine, France.

How the Company Makes Money

Forsee Power generates revenue through the sale of its battery systems and energy management solutions to various industries, including electric mobility and energy storage. Key revenue streams include direct sales of battery systems to OEMs (original equipment manufacturers) and fleet operators, as well as partnerships with automotive manufacturers for co-development projects. The company also benefits from long-term supply contracts, which provide a stable revenue base. Additionally, Forsee Power may engage in research and development collaborations with industry partners and government entities, receiving funding or grants that contribute to its financial performance.

Forsee Power SA Financial Statement Overview

Summary

Forsee Power SA shows revenue growth but faces significant profitability challenges with negative net incomes and EBIT. The gross profit margin has sharply decreased, and high debt levels present financial risks despite improved operating cash flows.

Income Statement

Forsee Power SA has experienced revenue growth over the years, notably with a 55% increase from 2020 to 2022. However, the company has consistently reported negative net incomes and EBIT, indicating ongoing profitability challenges. The gross profit margin also decreased from 21% in 2022 to 1.5% in 2023, suggesting pressure on costs or pricing.

Balance Sheet

The company's debt-to-equity ratio has improved as equity turned positive, reaching 1.33 in 2023 from previous negative equity levels. Nonetheless, total debt remains high, contributing to financial risk. Equity ratio is low at 25%, indicating reliance on liabilities to finance assets.

Cash Flow

Operating cash flow improved to €7.38 million in 2023 from negative figures in prior years, reflecting better cash management. However, the free cash flow remains negative, impacting liquidity. The free cash flow to net income ratio is unfavorable due to ongoing losses.

Breakdown
Income Statement
Total Revenue
Gross Profit
EBITDA
Net Income
Balance Sheet
Total Assets
Cash, Cash Equivalents and Short-Term Investments
Total Debt
Total Liabilities
Stockholders Equity
Cash Flow
Free Cash Flow
Operating Cash Flow
Investing Cash Flow
Financing Cash Flow

Forsee Power SA Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.27
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FR:ALFOR, the sentiment is Negative. The current price of 0.27 is above the 20-day moving average (MA) of 0.25, above the 50-day MA of 0.26, and below the 200-day MA of 0.32, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 45.30 is Neutral, neither overbought nor oversold. The STOCH value of 40.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FR:ALFOR.

Forsee Power SA Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
ALNSC	61 Neutral	€33.22M	1.27	―	1.69%	1.45%	91.07%
ALTUV	50 Neutral	€18.44M	4.82	―	―	-7.99%	―
ALFOR	40 Underperform	€28.77M	-0.65	―	―	-16.19%	-32.43%