Foresight Autonomous Holdings Ltd. American Depositary Shares (FRSX)

FairStock Score: 45/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I begin with the business, not the stock chart. Foresight sells 3D perception and accident-prevention systems to automakers, but the commercial traction is minimal. In the latest reported quarter, fiscal Q2 2026, revenue was only $86,000, while net income was negative $2.7 million and the net margin was -3,170.93%. That is not a scalable enterprise yet; it is a development-stage operation burning cash. Trailing free cash flow was negative $10.7 million, which against a $5.2 million market cap gives a free cash flow yield of -205.3%. The company has a D/E of 0.27, so leverage is not extreme, but the Altman Z-Score of -22.62 and ROE of -205.95% signal severe financial distress and poor capital productivity. The moat, if any, is unproven. With 52 employees, there is little evidence of pricing power, recurring revenue, or switching costs. At the 2026-10-13 close of $0.84, FairStock calculates a price-to-book of 0.49, which might catch a classic value investor's eye. But a negative P/E of -0.12 and EPS of -$6.81 mean there are no earnings to capitalize. A Piotroski F-Score of 4/9 is mediocre, and the FairStock Score of 45/100 reflects that. Beta of 0.17 is low, and the 52-week range of $0.73 to $7.91 shows how far sentiment has fallen. The Lynch category is none, because the rules require three years of filed results and there are zero. To me, this fails the margin-of-safety test: the asset may look cheap, but the business has not demonstrated a durable franchise.

In plain English: The company makes camera-based vision systems for cars to help them see and avoid crashes. It is very small, losing money, and burning cash. At $0.84 a share, the price may look low compared with its stated net assets, but the weak business makes it hard to call a bargain.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer