Foresight Autonomous Holdings Stock Piotroski F Score

FRSX Stock  USD 1.36  0.09  6.21%   
This module uses fundamental data of Foresight Autonomous to approximate its Piotroski F score. Foresight Autonomous F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Foresight Autonomous Holdings. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Foresight Autonomous financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Foresight Autonomous Altman Z Score, Foresight Autonomous Correlation, Foresight Autonomous Valuation, as well as analyze Foresight Autonomous Alpha and Beta and Foresight Autonomous Hype Analysis.
  
At this time, Foresight Autonomous' Short and Long Term Debt Total is fairly stable compared to the past year. Net Debt To EBITDA is likely to rise to 1.95 in 2025, whereas Net Debt is likely to drop (13.2 M) in 2025. At this time, Foresight Autonomous' PTB Ratio is fairly stable compared to the past year. PB Ratio is likely to rise to 0.77 in 2025, whereas Price To Sales Ratio is likely to drop 27.45 in 2025.
At this time, it appears that Foresight Autonomous' Piotroski F Score is Frail. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
3.0
Piotroski F Score - Frail
Current Return On Assets

Negative

Focus
Change in Return on Assets

Decreased

Focus
Cash Flow Return on Assets

Negative

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Decrease

Focus
Current Ratio Change

Increase

Focus
Long Term Debt Over Assets Change

N/A

Focus
Change In Outstending Shares

Increase

Focus
Change in Gross Margin

No Change

Focus

Foresight Autonomous Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Foresight Autonomous is to make sure Foresight is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Foresight Autonomous' auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Foresight Autonomous' financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.01190.0232
Way Down
Slightly volatile
Gross Profit Margin0.460.64
Way Down
Slightly volatile
Total Current LiabilitiesM2.5 M
Significantly Down
Slightly volatile
Total Assets32.1 M22.2 M
Way Up
Slightly volatile
Total Current Assets26.2 M19.6 M
Significantly Up
Slightly volatile

Foresight Autonomous F Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Foresight Autonomous' different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Foresight Autonomous in a much-optimized way.

About Foresight Autonomous Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Book Value Per Share

0.0413

At this time, Foresight Autonomous' Book Value Per Share is fairly stable compared to the past year.

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.
202020212022202320242025 (projected)
Market Cap255.5M119.9M30.7M12.5M11.2M10.7M
Enterprise Value218.0M94.5M13.6M(1.5M)(1.4M)(1.3M)

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.