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Forsee Power SA (FR:FORSE)
:FORSE
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Forsee Power SA
(FORSE)
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Rating:40Underperform
Price Target:
€0.24
▼(-15.36% Downside)
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 (FORSE) vs. iShares MSCI France ETF (EWQ)
Market Cap
€32.52M
Dividend YieldN/A
Average Volume (3M)113.28K
Price to Earnings (P/E)―
Beta (1Y)0.93
Revenue Growth-16.19%
EPS Growth-32.43%
CountryFR
Employees732
SectorConsumer Cyclical
Sector Strength84
IndustryElectrical Equipment & Parts
Share Statistics
EPS (TTM)-0.15
Shares Outstanding117,462,010
10 Day Avg. Volume122,876
30 Day Avg. Volume113,277
Financial Highlights & Ratios
PEG Ratio0.04
Price to Book (P/B)0.63
Price to Sales (P/S)0.20
P/FCF Ratio-2.28
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€0.57Price Target Upside103.57% Upside
Rating ConsensusHold
Number of Analyst Covering1
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Forsee Power SA Business Overview & Revenue Model
Company DescriptionForsee Power SA (FORSE) is a leading provider of smart battery systems and energy storage solutions specializing in the electrification of transport and industrial applications. The company focuses on developing advanced lithium-ion battery systems and energy management solutions designed to enhance the efficiency and sustainability of electric vehicles (EVs), public transport systems, and other energy-intensive industries. Forsee Power operates primarily in the energy and transportation sectors, delivering innovative products that support the global transition to clean energy.
How the Company Makes MoneyForsee 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 a mixed financial picture. Revenue growth is notable, but profitability challenges persist with negative net incomes and EBIT. The gross profit margin has significantly decreased, and high debt levels contribute to financial risk despite improvements in operating cash flow.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.35
Negative
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.40
Negative
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.30
Negative
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 148.25M | 151.77M | 171.24M | 111.02M | 72.42M | 62.06M |
| Gross Profit | 3.02M | 2.30M | 23.59M | 28.05M | 15.58M | 11.77M |
| EBITDA | -3.17M | 3.88M | -13.50M | -17.43M | -23.96M | -16.46M |
| Net Income | -20.12M | -12.07M | -27.96M | -32.57M | -38.10M | -30.06M |
Balance Sheet | ||||||
| Total Assets | 164.85M | 169.39M | 187.44M | 146.53M | 166.60M | 94.45M |
| Cash, Cash Equivalents and Short-Term Investments | 18.89M | 5.37M | 25.90M | 31.01M | 70.77M | 11.27M |
| Total Debt | 62.34M | 63.31M | 67.10M | 60.17M | 53.67M | 92.32M |
| Total Liabilities | 111.62M | 121.84M | 128.20M | 106.88M | 97.37M | 126.86M |
| Stockholders Equity | 53.23M | 47.55M | 59.24M | 39.65M | 69.22M | -32.41M |
Cash Flow | ||||||
| Free Cash Flow | -22.39M | -13.14M | -51.90M | -33.65M | -27.68M | -28.51M |
| Operating Cash Flow | -7.92M | 7.38M | -27.28M | -24.49M | -18.32M | -22.01M |
| Investing Cash Flow | -11.59M | -20.40M | -24.48M | -9.12M | -10.18M | -10.03M |
| Financing Cash Flow | 13.99M | -9.80M | 46.79M | -6.02M | 87.92M | 40.42M |
Forsee Power SA Technical Analysis
Neutral
0.28
Price Trends
0.29
Negative
0.33
Negative
0.48
Negative
Market Momentum
>-0.01
Positive
49.77
Neutral
33.33
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FR:FORSE, the sentiment is Neutral. The current price of 0.28 is below the 20-day moving average (MA) of 0.28, below the 50-day MA of 0.29, and below the 200-day MA of 0.48, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 49.77 is Neutral, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for FR:FORSE.
Forsee Power SA Peers Comparison
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Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.