Shares of Freight Technologies (FRGT) Are Down 12.5% — Is This a Good Entry Point?

Freight Technologies Inc. (FRGT) - Overvalued With Moderate Growth Prospects

Freight Technologies shares moved -96.2% over the last 52 weeks, with a high of $7.78 and a low of $0.18. During this time, the stock lagged the S&P 500 index by -75.4%. Freight Technologies, Inc. operates as a transportation logistics technology platform company. The small-cap Technology company has 90 full time employees and is based in The Woodlands, TX. Freight Technologies has not offered any dividends in the last year.

Growing Revenues With Increasing Reinvestment in the Business:

2018-12-31 2019-12-31 2020-12-31 2021-12-31
Revenue (MM) n/a n/a n/a n/a
Revenue (k) $3,246 $4,180 $9,206 $21,474
Revenue Growth n/a 28.79% 120.25% 133.26%
Gross Margins 9.8% 7.9% 8.6% 8.9%
Gross Margins Growth n/a -19.39% 8.86% 3.49%
Operating Margins -63.7% -73.4% -51.2% -22.4%
Operating Margins Growth n/a -15.23% 30.25% 56.25%
Free Cash Flow (k) -$1,907 -$2,743 -$3,641 -$6,400
FCF Growth n/a -43.83% -32.74% -75.79%
Capital Expenditures (k) -$411 -$415 -$228 -$470
Net Debt / EBITDA -3.29 -3.39 -0.58 -0.94

Freight Technologies Has an Attractive P/B Ratio but a Worrisome P/E Ratio:

Compared to the Technology sector's average of 26.5, Freight Technologies has a trailing twelve month price to earnings (P/E) ratio of -0.6 and, based on its EPS guidance of -0.06, an expected P/E ratio of -4.2.

Freight Technologies is undervalued in terms of its assets because its price to book (P/B) ratio is 2.3 compared to its sector average of 5.57.

Freight Technologies Is the Subject of Mixed Market Indicators:

The only analyst following Freight Technologies has set a target price of $2.25 per share, which is -88.75 away from its current price. This analyst rates the stock as buy.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.