FREIGHT TECHNOLOGIES INC (FRGT)

VGG514131215 - Common Stock

1.35  +0.07 (+5.47%)

Fundamental Rating

2

FRGT gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 17 industry peers in the Air Freight & Logistics industry. Both the profitability and financial health of FRGT have multiple concerns. FRGT is valied quite expensively at the moment, while it does show a decent growth rate.



0

1. Profitability

1.1 Basic Checks

In the past year FRGT has reported negative net income.
FRGT had a negative operating cash flow in the past year.
FRGT had negative earnings in each of the past 5 years.
FRGT had a negative operating cash flow in each of the past 5 years.

1.2 Ratios

Looking at the Return On Assets, with a value of -78.60%, FRGT is doing worse than 88.24% of the companies in the same industry.
With a Return On Equity value of -261.66%, FRGT is not doing good in the industry: 88.24% of the companies in the same industry are doing better.
Industry RankSector Rank
ROA -78.6%
ROE -261.66%
ROIC N/A
ROA(3y)-136.62%
ROA(5y)-305.73%
ROE(3y)-594.79%
ROE(5y)-850.11%
ROIC(3y)N/A
ROIC(5y)N/A

1.3 Margins

The Gross Margin of FRGT (8.73%) is worse than 76.47% of its industry peers.
FRGT's Gross Margin has declined in the last couple of years.
FRGT does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 8.73%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-55.64%
GM growth 5Y-38.23%

1

2. Health

2.1 Basic Checks

FRGT does not have a ROIC to compare to the WACC, probably because it is not profitable.
FRGT has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, FRGT has more shares outstanding
FRGT has a worse debt/assets ratio than last year.

2.2 Solvency

FRGT has an Altman-Z score of -3.27. This is a bad value and indicates that FRGT is not financially healthy and even has some risk of bankruptcy.
FRGT has a worse Altman-Z score (-3.27) than 88.24% of its industry peers.
A Debt/Equity ratio of 1.07 is on the high side and indicates that FRGT has dependencies on debt financing.
The Debt to Equity ratio of FRGT (1.07) is worse than 64.71% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.07
Debt/FCF N/A
Altman-Z -3.27
ROIC/WACCN/A
WACC12.58%

2.3 Liquidity

FRGT has a Current Ratio of 1.30. This is a normal value and indicates that FRGT is financially healthy and should not expect problems in meeting its short term obligations.
FRGT has a Current ratio (1.30) which is in line with its industry peers.
A Quick Ratio of 1.30 indicates that FRGT should not have too much problems paying its short term obligations.
FRGT's Quick ratio of 1.30 is in line compared to the rest of the industry. FRGT outperforms 58.82% of its industry peers.
Industry RankSector Rank
Current Ratio 1.3
Quick Ratio 1.3

5

3. Growth

3.1 Past

FRGT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 13.59%, which is quite good.
The Revenue has been growing slightly by 0.61% on average over the past years.
EPS 1Y (TTM)13.59%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q90.07%
Revenue 1Y (TTM)N/A
Revenue growth 3Y166.36%
Revenue growth 5Y0.61%
Revenue growth Q2QN/A

3.2 Future

Based on estimates for the next years, FRGT will show a very strong growth in Earnings Per Share. The EPS will grow by 20.38% on average per year.
The Revenue is expected to grow by 36.19% on average over the next years. This is a very strong growth
EPS Next Y48.89%
EPS Next 2Y26.49%
EPS Next 3Y20.38%
EPS Next 5YN/A
Revenue Next Year5.18%
Revenue Next 2Y27.65%
Revenue Next 3Y36.19%
Revenue Next 5YN/A

3.3 Evolution

When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.

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4. Valuation

4.1 Price/Earnings Ratio

FRGT reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for FRGT. No positive earnings are expected for the next year.
Industry RankSector Rank
PE N/A
Fwd PE N/A

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A

4.3 Compensation for Growth

A more expensive valuation may be justified as FRGT's earnings are expected to grow with 20.38% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y26.49%
EPS Next 3Y20.38%

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5. Dividend

5.1 Amount

FRGT does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

FREIGHT TECHNOLOGIES INC

NASDAQ:FRGT (3/28/2024, 3:57:02 PM)

1.35

+0.07 (+5.47%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryAir Freight & Logistics
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap3.29M
Analysts
Price Target
Dividend
Industry RankSector Rank
Dividend Yield N/A
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S
P/FCF
P/OCF
P/B
P/tB
EV/EBITDA
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -78.6%
ROE -261.66%
ROCE
ROIC
ROICexc
ROICexgc
OM N/A
PM (TTM) N/A
GM 8.73%
FCFM
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover2.48
Health
Industry RankSector Rank
Debt/Equity 1.07
Debt/FCF
Debt/EBITDA
Cap/Depr
Cap/Sales
Interest Coverage
Cash Conversion
Profit Quality
Current Ratio 1.3
Quick Ratio 1.3
Altman-Z
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)13.59%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y48.89%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)N/A
Revenue growth 3Y166.36%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y