Forte Biosciences, Inc. (FBRX)

NASDAQ: FBRX · IEX Real-Time Price · USD
0.729
+0.034 (4.91%)
Mar 28, 2024, 9:31 AM EDT - Market closed

Total Valuation

FBRX has a market cap or net worth of $26.35 million. The enterprise value is -$10.78 million.

Market Cap 26.35M
Enterprise Value -10.78M

Important Dates

The last earnings date was Monday, March 18, 2024, after market close.

Earnings Date Mar 18, 2024
Ex-Dividend Date n/a

Share Statistics

FBRX has 36.39 million shares outstanding. The number of shares has increased by 81.61% in one year.

Shares Outstanding 36.39M
Shares Change (YoY) +81.61%
Shares Change (QoQ) -16.62%
Owned by Insiders (%) 10.83%
Owned by Institutions (%) 56.17%
Float 22.05M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio n/a
Forward PS n/a
PB Ratio 0.75
P/FCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales n/a
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 10.46, with zero debt.

Current Ratio 10.46
Quick Ratio n/a
Debt / Equity n/a
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is -94.30% and return on invested capital (ROIC) is -91.99%.

Return on Equity (ROE) -94.30%
Return on Assets (ROA) -81.40%
Return on Capital (ROIC) -91.99%
Revenue Per Employee n/a
Profits Per Employee -$3.50M
Employee Count 9
Asset Turnover n/a
Inventory Turnover n/a

Taxes

Income Tax n/a
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -28.81% in the last 52 weeks. The beta is 1.65, so FBRX's price volatility has been higher than the market average.

Beta (1Y) 1.65
52-Week Price Change -28.81%
50-Day Moving Average 0.68
200-Day Moving Average 0.74
Relative Strength Index (RSI) 51.29
Average Volume (30 Days) 35,157

Short Selling Information

The latest short interest is 42,181, so 0.12% of the outstanding shares have been sold short.

Short Interest 42,181
Short Previous Month 66,590
Short % of Shares Out 0.12%
Short % of Float 0.19%
Short Ratio (days to cover) 1.40

Income Statement

Revenue n/a
Gross Profit n/a
Operating Income -32.49M
Pretax Income -31.48M
Net Income -31.48M
EBITDA -31.47M
EBIT -31.48M
Earnings Per Share (EPS) -$1.00
Full Income Statement

Balance Sheet

The company has $37.13 million in cash and no debt, giving a net cash position of $37.13 million or $1.02 per share.

Cash & Cash Equivalents 37.13M
Total Debt n/a
Net Cash 37.13M
Net Cash Per Share $1.02
Equity / Book Value 35.31M
Book Value Per Share 0.97
Working Capital 34.66M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$28.71 million and capital expenditures -$88,000, giving a free cash flow of -$28.79 million.

Operating Cash Flow -28.71M
Capital Expenditures -88,000
Free Cash Flow -28.79M
FCF Per Share -$0.91
Full Cash Flow Statement

Margins

Gross Margin n/a
Operating Margin n/a
Pretax Margin n/a
Profit Margin n/a
EBITDA Margin n/a
EBIT Margin n/a
FCF Margin n/a

Dividends & Yields

FBRX does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -81.61%
Shareholder Yield -81.61%
Earnings Yield -119.47%
FCF Yield -109.29%

Analyst Forecast

Price Target n/a
Price Target Difference n/a
Analyst Consensus n/a
Analyst Count n/a
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a

Stock Splits

The last stock split was on June 16, 2020. It was a reverse split with a ratio of 1:15.

Last Split Date Jun 16, 2020
Split Type Reverse
Split Ratio 1:15

Scores

Altman Z-Score n/a
Piotroski F-Score 1