Freight Technologies Revenue vs. Gross Profit
| FRGT Stock | USD 1.40 0.04 2.94% |
Total Revenue | First Reported 2010-12-31 | Previous Quarter 17.1 M | Current Value 16.4 M | Quarterly Volatility 7 M |
For Freight Technologies profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Freight Technologies to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Freight Technologies utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Freight Technologies's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Freight Technologies over time as well as its relative position and ranking within its peers.
Freight |
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Freight Technologies. If investors know Freight will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Freight Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share -1.9 K | Revenue Per Share 356.42 | Quarterly Revenue Growth (0.22) | Return On Assets (0.49) | Return On Equity (3.24) |
The market value of Freight Technologies is measured differently than its book value, which is the value of Freight that is recorded on the company's balance sheet. Investors also form their own opinion of Freight Technologies' value that differs from its market value or its book value, called intrinsic value, which is Freight Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Freight Technologies' market value can be influenced by many factors that don't directly affect Freight Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Freight Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Freight Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Freight Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Freight Technologies Gross Profit vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Freight Technologies's current stock value. Our valuation model uses many indicators to compare Freight Technologies value to that of its competitors to determine the firm's financial worth. Freight Technologies is rated below average in revenue category among its peers. It is rated below average in gross profit category among its peers fabricating about 0.13 of Gross Profit per Revenue. The ratio of Revenue to Gross Profit for Freight Technologies is roughly 7.54 . At this time, Freight Technologies' Total Revenue is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Freight Technologies by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Freight Revenue vs. Competition
Freight Technologies is rated below average in revenue category among its peers. Market size based on revenue of Information Technology industry is currently estimated at about 3.99 Billion. Freight Technologies adds roughly 17.06 Million in revenue claiming only tiny portion of equities under Information Technology industry.
Freight Gross Profit vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Freight Technologies |
| = | 17.06 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
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.
Freight Technologies |
| = | 2.26 M |
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.
Freight Gross Profit Comparison
Freight Technologies is currently under evaluation in gross profit category among its peers.
Freight Technologies Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Freight Technologies, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Freight Technologies will eventually generate negative long term returns. The profitability progress is the general direction of Freight Technologies' change in net profit over the period of time. It can combine multiple indicators of Freight Technologies, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 491.9 K | 467.3 K | |
| Operating Income | -8.3 M | -7.8 M | |
| Income Before Tax | -9.2 M | -8.8 M | |
| Total Other Income Expense Net | -961.5 K | -913.4 K | |
| Net Loss | -9.3 M | -8.9 M | |
| Income Tax Expense | 104.9 K | 99.7 K | |
| Net Interest Income | -807.9 K | -848.3 K | |
| Interest Income | 103.50 | 108.67 | |
| Net Loss | -9.3 M | -9.8 M | |
| Net Loss | -7.4 M | -7.7 M | |
| Change To Netincome | 1.9 M | 1.6 M | |
| Net Loss | (7.79) | (7.40) | |
| Income Quality | 0.62 | 0.58 | |
| Net Income Per E B T | 1.01 | 0.76 |
Freight Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Freight Technologies. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Freight Technologies position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Freight Technologies' important profitability drivers and their relationship over time.
Use Freight Technologies in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Freight Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Freight Technologies will appreciate offsetting losses from the drop in the long position's value.Freight Technologies Pair Trading
Freight Technologies Pair Trading Analysis
The ability to find closely correlated positions to Freight Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Freight Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Freight Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Freight Technologies to buy it.
The correlation of Freight Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Freight Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Freight Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Freight Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Freight Technologies position
In addition to having Freight Technologies in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Additional Tools for Freight Stock Analysis
When running Freight Technologies' price analysis, check to measure Freight Technologies' 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 Freight Technologies is operating at the current time. Most of Freight Technologies' value examination focuses on studying past and present price action to predict the probability of Freight Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Freight Technologies' price. Additionally, you may evaluate how the addition of Freight Technologies to your portfolios can decrease your overall portfolio volatility.