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.
