Foresight (FRSX) AI Stock Analysis

• Market Cap: 44.43M
• Dividend Yield: N/A
• Average Volume (3M): 3.06M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.13
• Revenue Growth: -13.19%
• EPS Growth: 57.47%
• Country: IL
• Employees: 81
• Sector: Technology
• Sector Strength: 84
• Industry: Auto - Parts
• EPS (TTM): N/A
• Shares Outstanding: 716,582,340
• 10 Day Avg. Volume: 3,002,301
• 30 Day Avg. Volume: 3,056,744
• PEG Ratio: 0.23
• Price to Book (P/B): 1.89
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -2.57
• Enterprise Value/Market Cap: 0.61
• Enterprise Value/Revenue: 11.72
• Enterprise Value/Gross Profit: 103.49
• Enterprise Value/Ebitda: -0.52
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 38 Underperform
• Price Target: 6.00 ▼(-35.48%Downside)

Foresight's overall stock score is severely impacted by its poor financial performance, characterized by ongoing losses, declining revenue, and negative cash flow. Technical analysis indicates weak market momentum with the stock being oversold, while valuation metrics highlight unattractive investment prospects. The lack of positive earnings call data or notable corporate events further diminishes its investment appeal.

Foresight Business Overview & Revenue Model

Company Description

Foresight Autonomous Holdings Ltd. (FRSX) is a leading technology company specializing in the development and commercialization of sensor systems for advanced driver assistance systems (ADAS) and autonomous vehicles. Operating primarily within the automotive and technological innovation sectors, Foresight offers cutting-edge stereo vision solutions designed to enhance vehicle safety and performance. Their core products include QuadSight, a multi-spectral vision system designed for all-weather and lighting conditions, and Eye-Net Protect, a cellular-based V2X (vehicle-to-everything) accident prevention solution.

How the Company Makes Money

Foresight generates revenue through the sale and licensing of its proprietary vision systems and software solutions. The company monetizes its technology by partnering with automotive manufacturers and suppliers who integrate Foresight's systems into their vehicles, thus enhancing their ADAS and autonomous driving capabilities. Key revenue streams include direct product sales, licensing fees, and long-term contracts with automotive industry players. Additionally, Foresight may engage in joint ventures and strategic partnerships to expand its market reach and drive technological innovation, contributing further to its earnings.

Foresight Financial Statement Overview

Summary

Foresight is experiencing ongoing financial challenges with a negative net income and declining revenue. The negative EBIT and EBITDA margins highlight severe profitability issues, and cash flow pressures exacerbate these concerns despite manageable debt levels.

Income Statement

Foresight continues to face significant challenges on the income statement front, highlighted by negative net income and declining revenue. The gross profit margin for 2024 is approximately 60.55%, but the company experienced a revenue decline of 12.25% compared to the previous year. The EBIT and EBITDA margins are both negative, reflecting ongoing losses, which is a major concern for profitability and sustainability.

Balance Sheet

The balance sheet shows a weakening position with decreasing total assets and stockholders' equity. The debt-to-equity ratio stands at approximately 0.26, indicating manageable leverage. However, the return on equity is negative due to persistent losses. The equity ratio remains relatively stable, suggesting some degree of financial stability despite ongoing challenges.

Cash Flow

Cash flow analysis reveals a negative free cash flow, although there is a slight improvement in operating cash flow relative to net income. The company continues to rely on financing activities to support cash flow needs. The free cash flow to net income ratio is negative, indicating cash flow pressures.

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
EBITDA	-12.48M	-16.03M	-17.24M	-15.79M	-12.58M
Net Income	-11.14M	-18.41M	-21.68M	-15.04M	-15.14M
Balance Sheet
Total Assets	9.74M	19.31M	32.89M	53.48M	49.97M
Cash, Cash Equivalents and Short-Term Investments	7.15M	16.11M	26.39M	45.60M	43.98M
Total Debt	1.56M	1.63M	2.00M	2.73M	1.28M
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 Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 9.30
• 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 IL:FRSX, the sentiment is Negative. The current price of 9.3 is above the 20-day moving average (MA) of 6.58, above the 50-day MA of 7.50, and below the 200-day MA of 10.23, indicating a bearish trend. The MACD of -0.38 indicates Negative momentum. The RSI at 41.73 is Neutral, neither overbought nor oversold. The STOCH value of 53.15 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IL:FRSX.

Foresight Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	69 Neutral	¥229.55B	14.48	7.64%	2.71%	9.13%	8.50%
RZR	47 Neutral	190.82M	―		―	225.62%	15.64%
NRGN	42 Neutral	36.94M	―		―	-35.05%	36.67%
FRSX	38 Underperform	44.43M	―		―	-13.19%	57.47%