FREIGHT TECHNOLOGIES INC (FRGT)
VGG514131215 - Common Stock
We assign a fundamental rating of 2 out of 10 to FRGT. FRGT was compared to 17 industry peers in the Air Freight & Logistics industry. FRGT has a bad profitability rating. Also its financial health evaluation is rather negative. While showing a medium growth rate, FRGT is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year FRGT has reported negative net income.
In the past year FRGT has reported a negative cash flow from operations.
In the past 5 years FRGT always reported negative net income.
FRGT had a negative operating cash flow in each of the past 5 years.
1.2 Ratios
FRGT has a worse Return On Assets (-78.60%) than 94.12% of its industry peers.
FRGT's Return On Equity of -261.66% is on the low side compared to the rest of the industry. FRGT is outperformed by 88.24% of its industry peers.
| Industry Rank | Sector 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
FRGT's Gross Margin of 8.73% is on the low side compared to the rest of the industry. FRGT is outperformed by 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 Rank | Sector 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%
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
The debt/assets ratio for FRGT is higher compared to a year ago.
2.2 Solvency
FRGT has an Altman-Z score of -3.39. 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 (-3.39) than 88.24% of its industry peers.
FRGT has a Debt/Equity ratio of 1.07. This is a high value indicating a heavy dependency on external financing.
FRGT has a Debt to Equity ratio of 1.07. This is in the lower half of the industry: FRGT underperforms 64.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.07 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -3.39 |
ROIC/WACCN/A
WACC14.34%
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.
Looking at the Current ratio, with a value of 1.30, FRGT is in line with its industry, outperforming 47.06% of the companies in the same industry.
A Quick Ratio of 1.30 indicates that FRGT should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.30, FRGT is in line with its industry, outperforming 58.82% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.3 | ||
| Quick Ratio | 1.3 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 37.79% over the past year.
Looking at the last year, FRGT shows a very strong growth in Revenue. The Revenue has grown by 42.29%.
Measured over the past years, FRGT shows a small growth in Revenue. The Revenue has been growing by 0.61% on average per year.
EPS 1Y (TTM)37.79%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q-16.02%
Revenue 1Y (TTM)42.29%
Revenue growth 3Y166.36%
Revenue growth 5Y0.61%
Revenue growth Q2Q-44.91%
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
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for FRGT. In the last year negative earnings were reported.
Also next year FRGT is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
| Industry Rank | Sector 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%
5. Dividend
5.1 Amount
No dividends for FRGT!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
FREIGHT TECHNOLOGIES INC
NASDAQ:FRGT (5/17/2024, 7:00:01 PM)
After market: 0.7133 +0.01 (+1.9%)0.7
-0.03 (-4.11%)
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 Cap1.71M
Analysts
Price Target
Dividend
| Industry Rank | Sector 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 Rank | Sector 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 Rank | Sector 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 Rank | Sector 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)37.79%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y48.89%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)42.29%
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