Foresight Autonomous Holdings (FRSX) AI Stock Analysis

• Market Cap: $14.47M
• Dividend Yield: N/A
• Average Volume (3M): 132.14K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.37
• Revenue Growth: -12.27%
• EPS Growth: 57.85%
• Country: US
• Employees: 81
• Sector: Consumer Cyclical
• Sector Strength: 64
• Industry: Auto - Parts
• EPS (TTM): -0.70
• Shares Outstanding: 19,424,603
• 10 Day Avg. Volume: 80,032
• 30 Day Avg. Volume: 132,141
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 78.18
• Price to Cash Flow (P/CF): -0.80
• P/FCF Ratio: 0.00
• 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

Foresight Autonomous Holdings faces significant financial and technical challenges. The company struggles with profitability and cash generation, reflected in its financial performance score. Technically, the stock is in a downtrend with weak momentum indicators. Valuation remains a concern due to a negative P/E ratio and the absence of dividends, making the stock appear risky. Addressing these financial and operational inefficiencies is crucial for future improvement.

Foresight Autonomous Holdings Business Overview & Revenue Model

Company Description

Foresight Autonomous Holdings (FRSX) is a technology company that specializes in developing advanced driver assistance systems (ADAS) and autonomous driving solutions. The company operates within the automotive and technology sectors, focusing on providing innovative vision systems and sensor technologies that enhance vehicle safety and autonomous capabilities. Foresight's core products include stereo vision systems, thermal imaging, and sensor fusion solutions designed to improve vehicular perception and decision-making processes.

How the Company Makes Money

Foresight Autonomous Holdings makes money primarily through the sale and licensing of its advanced driver assistance and autonomous driving technologies to automotive manufacturers and suppliers. The company generates revenue by partnering with automotive companies to integrate its vision and sensor systems into their vehicles. Additionally, Foresight may engage in strategic collaborations and joint ventures to expand its market reach and enhance its technological offerings. Revenue streams also include fees from research and development projects, as well as potential royalties from licensing agreements with automotive industry players.

Foresight Autonomous Holdings Financial Statement Overview

Summary

Foresight Autonomous Holdings is facing significant financial challenges across its income statement, balance sheet, and cash flow. While there is some stability in leverage and equity, the company struggles with profitability, cash generation, and revenue growth. Addressing these issues will be crucial for improving financial performance and ensuring long-term viability in the competitive auto parts industry.

Income Statement

Foresight Autonomous Holdings has faced challenges with consistently negative net income and declining revenue, as evidenced by a substantial decrease in revenue from $550,000 in 2022 to $436,000 in 2024. The company's gross profit margin is positive but EBIT and EBITDA margins are negative, reflecting ongoing operational inefficiencies. The net profit margin remains negative, indicating profitability issues. Overall, the income statement reflects a company struggling with growth and profitability in a competitive industry.

Balance Sheet

The balance sheet shows a stable equity position, with a debt-to-equity ratio of 0.26 in 2024, indicating low leverage. However, a declining trend in total assets and stockholders' equity from 2022 to 2024 raises concerns about long-term sustainability. Return on equity is negative due to persistent net losses, affecting the overall financial health. The company maintains a positive equity ratio, suggesting some financial stability amidst ongoing challenges.

Cash Flow

Cash flow analysis reveals a negative free cash flow trend, with free cash flow deteriorating from -$11.17 million in 2024, indicating liquidity challenges. Operating cash flow remains negative, reflecting difficulties in generating cash from core operations. The free cash flow to net income ratio and operating cash flow to net income ratio show inefficiencies in converting net income into cash flow. The company faces significant cash flow constraints that could impede future growth and investment opportunities.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
436.00K	497.00K	550.00K	120.00K	0.00
	Gross Profit
264.00K	354.00K	298.00K	53.00K	0.00
	EBIT
-12.68M	-16.29M	-17.45M	-15.95M	-12.84M
	EBITDA
-12.48M	-16.03M	-17.24M	-15.79M	-12.58M
	Net Income Common Stockholders
-11.14M	-18.41M	-25.90M	-14.13M	-15.14M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
7.15M	16.11M	26.39M	45.60M	43.98M
	Total Assets
9.74M	19.31M	32.89M	53.48M	49.97M
	Total Debt
1.56M	1.63M	2.00M	2.73M	1.28M
	Net Debt
-5.52M	-14.00M	-17.17M	-25.34M	-37.49M
	Total Liabilities
3.02M	3.31M	4.11M	4.85M	2.88M
	Stockholders Equity
6.07M	15.39M	28.33M	48.41M	47.02M
Cash Flow		Free Cash Flow
-11.12M	-15.05M	-17.37M	-12.36M	-11.54M
	Operating Cash Flow
-11.05M	-14.93M	-17.06M	-12.13M	-11.49M
	Investing Cash Flow
1.78M	7.09M	8.98M	-12.58M	85.00K
	Financing Cash Flow
903.00K	4.18M	0.00	14.16M	45.28M

Foresight Autonomous Holdings Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.68
• 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 FRSX, the sentiment is Neutral. The current price of 0.68 is above the 20-day moving average (MA) of 0.64, below the 50-day MA of 0.73, and below the 200-day MA of 0.84, indicating a neutral trend. The MACD of -0.02 indicates Negative momentum. The RSI at 53.94 is Neutral, neither overbought nor oversold. The STOCH value of 79.85 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for FRSX.

Foresight Autonomous Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	60 Neutral	$6.85B	11.57	3.09%	4.18%	2.37%	-21.38%
HSAI	56 Neutral	$2.01B	―	-2.44%	―	9.07%	79.21%
AEVA	53 Neutral	$409.81M	―	-92.90%	―	110.23%	12.96%
LIDR	50 Neutral	$13.11M	―	-160.65%	―	-86.20%	67.94%
FRSX	44 Neutral	$14.47M	―	-103.81%	―	-12.27%	57.85%
INVZ	44 Neutral	$157.18M	―	-81.61%	―	16.25%	32.95%
LAZR	42 Neutral	$163.20M	―	146.24%	―	8.05%	58.44%