Foresight Autonomous Holdings Stock Return On Asset
| FRSX Stock | ILA 26.00 10.90 72.19% |
Foresight Autonomous Holdings fundamentals help investors to digest information that contributes to Foresight Autonomous' financial success or failures. It also enables traders to predict the movement of Foresight Stock. The fundamental analysis module provides a way to measure Foresight Autonomous' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Foresight Autonomous stock.
Foresight |
Foresight Autonomous Holdings Company Return On Asset Analysis
Foresight Autonomous' Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Foresight Autonomous Return On Asset | -0.23 |
Most of Foresight Autonomous' fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Foresight Autonomous Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
| Competition |
Based on the latest financial disclosure, Foresight Autonomous Holdings has a Return On Asset of -0.232. This is 121.28% lower than that of the Consumer Cyclical sector and 129.74% lower than that of the Auto Parts industry. The return on asset for all Israel stocks is 65.71% higher than that of the company.
Foresight Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Foresight Autonomous' direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Foresight Autonomous could also be used in its relative valuation, which is a method of valuing Foresight Autonomous by comparing valuation metrics of similar companies.Foresight Autonomous is rated below average in return on asset category among its peers.
Foresight Fundamentals
| Return On Equity | -0.51 | |||
| Return On Asset | -0.23 | |||
| Operating Margin | (32.08) % | |||
| Current Valuation | 26.81 M | |||
| Shares Outstanding | 322.98 M | |||
| Shares Owned By Insiders | 7.35 % | |||
| Price To Book | 1.13 X | |||
| Price To Sales | 224.44 X | |||
| Revenue | 120 K | |||
| Gross Profit | 53 K | |||
| EBITDA | (15.79 M) | |||
| Net Income | (15.04 M) | |||
| Cash And Equivalents | 56.5 M | |||
| Cash Per Share | 0.18 X | |||
| Total Debt | 2 M | |||
| Debt To Equity | 0.03 % | |||
| Current Ratio | 15.02 X | |||
| Book Value Per Share | 0.1 X | |||
| Cash Flow From Operations | (12.12 M) | |||
| Earnings Per Share | (0.04) X | |||
| Target Price | 36.19 | |||
| Number Of Employees | 68 | |||
| Beta | 3.01 | |||
| Market Capitalization | 135.01 M | |||
| Total Asset | 53.48 M | |||
| Z Score | 40.2 | |||
| Net Asset | 53.48 M |
About Foresight Autonomous Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Foresight Autonomous Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Foresight Autonomous using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Foresight Autonomous Holdings based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Information and Resources on Investing in Foresight Stock
When determining whether Foresight Autonomous offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Foresight Autonomous' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Foresight Autonomous Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Foresight Autonomous Holdings Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Foresight Autonomous Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.