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FRSXForesight Autonomous Holdings Ltd.
$1.68$244689
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Foresight Autonomous Holdings Ltd. (FRSX) Financial Ratios

Latest Ratios: P/E Ratio -0.2x · EV/EBITDA N/A · ROE -204.4%. (2015–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

FRSX Valuation Multiples

Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Market Cap$244689$4M$4M$2M$4M$17M$40M$5M$7M$12M—
Enterprise Value$-4532238$-444764$-1892952$-12210184$-12861474$-8052334$3M$2M$4M$2M—
P/E Ratio →-0.16——————————
P/S Ratio0.6110.888.323.617.83144.09—————
P/B Ratio0.370.850.540.110.150.360.850.310.290.48—
P/FCF———————————
P/OCF———————————

P/E links to full P/E history page with 30-year chart

FRSX EV Ratios

Enterprise-value multiples — capital-structure-neutral measures of total business value

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
EV / Revenue—-1.12-4.34-24.57-23.38-67.10—————
EV / EBITDA———————————
EV / EBIT———————————
EV / FCF———————————

FRSX Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

Full margin charts and quarterly trend are on the Earnings History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Gross Margin64.8%64.8%60.6%71.2%54.2%44.2%—————
Operating Margin-3060.6%-3060.6%-2907.3%-3277.9%-3173.6%-13287.5%—————
Net Profit Margin-3041.0%-3041.0%-2554.6%-3704.2%-3941.1%-12530.0%—————

Return on Capital

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
ROE-204.4%-204.4%-98.0%-82.2%-56.0%-31.4%-47.8%-75.3%-60.6%-109.3%-658.5%
ROA-133.8%-133.8%-76.7%-70.5%-50.2%-29.1%-43.7%-67.9%-55.4%-95.9%-255.9%
ROIC-1184.2%-1184.2%-594.2%-179.6%-75.0%-72.7%-85.6%-67.7%-56.1%-82.1%-2883.8%
ROCE-170.5%-170.5%-100.8%-68.7%-43.1%-32.3%-39.3%-73.6%-52.8%-56.0%-279.2%

FRSX Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Debt / Equity0.300.300.230.100.070.060.030.09———
Debt / EBITDA———————————
Net Debt / Equity—-0.93-0.82-0.88-0.60-0.52-0.80-0.21-0.13-0.39-0.77
Net Debt / EBITDA———————————
Debt / FCF———————————
Interest Coverage——-1408.44-1629.10————-73.60-227.10—

Net cash position: cash ($6M) exceeds total debt ($2M)

FRSX Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Current Ratio3.303.304.507.9210.3817.1421.925.2512.7821.518.52
Quick Ratio3.303.304.507.9210.3817.1021.925.5512.9431.989.38
Cash Ratio3.053.054.107.4910.0216.8621.724.9512.4221.098.30
Asset Turnover—0.050.040.030.020.00—————
Inventory Turnover—————0.59—————
Days Sales Outstanding—339.32302.21508.21306.60——————

FRSX Shareholder Yields

Earnings, FCF, buyback, and dividend yields — total returns to shareholders

Dividends

Full dividend history and growth charts are on the Dividend History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Dividend Yield———————————
Payout Ratio———————————

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Earnings Yield———————————
FCF Yield———————————
Buyback Yield0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%—
Total Shareholder Yield0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%—
Shares Outstanding—$1M$116620$82817$80684$80643$78170$38653$32975$23594$16823

Key Metrics

Growth RegimeContracting
ProfitabilityNegative
Balance SheetVulnerable
Cash FlowBurning
Top Statement Risk

Existential liquidity and dilution

Market Pricing Reflects Distressed Optionality

According to current market data, FRSX trades at a P/S ratio of 0.61, which, when compared to the broader ADAS peer group, suggests investors are assigning minimal value to the company's intellectual property portfolio while pricing in a high probability of further equity dilution to sustain operations.

The depressed P/S multiple indicates that the market has largely discounted the company's ability to scale its current pilot-based revenue model into a high-volume commercial enterprise. This valuation appears to reflect a 'lottery ticket' sentiment where the stock price is driven more by potential IP acquisition interest than by fundamental growth prospects.

Capital Efficiency Remains Deeply Negative

As reported in financial statements, the company's ROIC has consistently languished in deep negative territory, reaching -58.4% in 2025Q2, which highlights a structural inability to generate returns on invested capital as R&D spending continues to outpace the limited commercial output of its vision systems.

The persistent decay in ROIC suggests that every dollar of capital deployed into the business is currently destroying shareholder value rather than compounding it. This trend warrants further investigation into whether the company's R&D investments are truly creating proprietary advantages or simply funding the maintenance of a non-commercialized technology stack.

Working Capital Cycles Indicate Stagnation

Based on the provided figures, the company's DSO has remained exceptionally high, peaking at 739 days in 2024Q3, which suggests that the firm lacks significant leverage over its customers and faces substantial delays in converting project-based engineering milestones into actual cash inflows.

The extreme length of the cash conversion cycle implies that the company's revenue recognition is tied to long-term, uncertain development milestones rather than standard commercial sales. This inefficiency forces the company to rely on external financing to bridge the gap between project initiation and final payment, increasing its vulnerability to capital market volatility.

Liquidity Runway Narrows Under Pressure

According to recent balance sheet disclosures, the current ratio has compressed to 4.02 as of 2025Q2, down from historical highs, signaling that the company's ability to cover short-term obligations is becoming increasingly dependent on its dwindling cash reserves rather than operational cash generation.

While a current ratio of 4.02 appears healthy in isolation, it is misleading given the company's lack of recurring revenue and high cash burn rate. Investors should monitor the liquidity position closely, as the current trajectory suggests that the firm may face a critical funding gap within the next twelve months.

Misapplication of Traditional Valuation Metrics

The P/E ratio is the most commonly misapplied metric for this business model, as it obscures the reality of a pre-commercial firm by suggesting that negative earnings are a temporary cyclical issue rather than a structural feature of an R&D-heavy, pre-revenue technology development cycle.

Using P/E to evaluate FRSX is fundamentally flawed because the company is not yet in a phase of earnings generation; instead, analysts should focus on cash burn rates and the conversion of PoCs into design wins. Relying on earnings-based multiples in this context may lead to an incorrect assessment of the company's true financial health and its distance from commercial viability.

Download Financial Ratios Data

Includes 30+ ratios · 11 years · Updated daily

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FRSX — Frequently Asked Questions

Quick answers to the most common questions about buying FRSX stock.

What is Foresight Autonomous Holdings Ltd.'s P/E ratio?

Foresight Autonomous Holdings Ltd.'s current P/E ratio is -0.2x. This places it at the 50th percentile of its historical range.

What is Foresight Autonomous Holdings Ltd.'s ROE?

Foresight Autonomous Holdings Ltd.'s return on equity (ROE) is -204.4%. The historical average is -85.0%.

Is FRSX stock overvalued?

Based on historical data, Foresight Autonomous Holdings Ltd. is trading at a P/E of -0.2x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.

What are Foresight Autonomous Holdings Ltd.'s profit margins?

Foresight Autonomous Holdings Ltd. has 64.8% gross margin and -3060.6% operating margin.