Foresight Autonomous Holdings Stock Gross Profit

FRSX Stock  USD 0.65  0.01  1.56%   
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.
Last ReportedProjected for Next Year
Gross Profit354 K371.7 K
Gross Profit Margin 0.71  0.46 
Gross Profit is likely to rise to about 371.7 K in 2024, whereas Gross Profit Margin is likely to drop 0.46 in 2024.
  
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Foresight Autonomous Holdings Company Gross Profit Analysis

Foresight Autonomous' Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Gross Profit

 = 

Revenue

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Cost of Revenue

More About Gross Profit | All Equity Analysis

Current Foresight Autonomous Gross Profit

    
  53 K  
Most of Foresight Autonomous' fundamental indicators, such as Gross Profit, 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.

Foresight Gross Profit Driver Correlations

Understanding the fundamental principles of building solid financial models for Foresight Autonomous is extremely important. It helps to project a fair market value of Foresight Stock properly, considering its historical fundamentals such as Gross Profit. Since Foresight Autonomous' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Foresight Autonomous' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Foresight Autonomous' interrelated accounts and indicators.
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Click cells to compare fundamentals
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Competition

According to the company disclosure, Foresight Autonomous Holdings reported 53 K of gross profit. This is 100.0% lower than that of the Automobile Components sector and 99.99% lower than that of the Consumer Discretionary industry. The gross profit for all United States stocks is 100.0% higher than that of the company.

Foresight Gross Profit 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 Gross Profit 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 currently under evaluation in gross profit category among its peers.

Foresight Autonomous Current Valuation Drivers

We derive many important indicators used in calculating different scores of Foresight Autonomous from analyzing Foresight Autonomous' financial statements. These drivers represent accounts that assess Foresight Autonomous' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Foresight Autonomous' important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap30.7M255.5M119.9M30.7M12.5M11.9M
Enterprise Value27.3M218.0M94.5M13.6M(1.5M)(1.4M)

Foresight Fundamentals

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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Additional Tools for Foresight Stock Analysis

When running Foresight Autonomous' price analysis, check to measure Foresight Autonomous' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Foresight Autonomous is operating at the current time. Most of Foresight Autonomous' value examination focuses on studying past and present price action to predict the probability of Foresight Autonomous' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Foresight Autonomous' price. Additionally, you may evaluate how the addition of Foresight Autonomous to your portfolios can decrease your overall portfolio volatility.