Forge Global Holdings, Inc. (FRGE)
NYSE: FRGE · IEX Real-Time Price · USD
1.580
-0.020 (-1.25%)
At close: Jul 17, 2024, 4:00 PM
1.550
-0.030 (-1.90%)
After-hours: Jul 17, 2024, 7:59 PM EDT

Forge Global Holdings Statistics

Total Valuation

FRGE has a market cap or net worth of $286.04 million. The enterprise value is $170.77 million.

Market Cap 286.04M
Enterprise Value 170.77M

Important Dates

The next estimated earnings date is Tuesday, August 6, 2024, after market close.

Earnings Date Aug 6, 2024
Ex-Dividend Date n/a

Share Statistics

FRGE has 181.04 million shares outstanding. The number of shares has increased by 4.71% in one year.

Shares Outstanding 181.04M
Shares Change (YoY) +4.71%
Shares Change (QoQ) +3.12%
Owned by Insiders (%) 24.21%
Owned by Institutions (%) 42.93%
Float 137.03M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 3.89
Forward PS 2.90
PB Ratio 1.13
P/FCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 2.32
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 6.16, with a Debt / Equity ratio of 0.06.

Current Ratio 6.16
Quick Ratio 5.64
Debt / Equity 0.06
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage 14.52

Financial Efficiency

Return on equity (ROE) is -32.30% and return on invested capital (ROIC) is -34.94%.

Return on Equity (ROE) -32.30%
Return on Assets (ROA) -28.00%
Return on Capital (ROIC) -34.94%
Revenue Per Employee $213,287
Profits Per Employee -$254,078
Employee Count 345
Asset Turnover 0.24
Inventory Turnover n/a

Taxes

In the past 12 months, FRGE has paid $850,000 in taxes.

Income Tax 850,000
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -37.80% in the last 52 weeks. The beta is 2.39, so FRGE's price volatility has been higher than the market average.

Beta (5Y) 2.39
52-Week Price Change -37.80%
50-Day Moving Average 1.60
200-Day Moving Average 2.18
Relative Strength Index (RSI) 57.53
Average Volume (20 Days) 428,584

Short Selling Information

The latest short interest is 4.74 million, so 2.62% of the outstanding shares have been sold short.

Short Interest 4.74M
Short Previous Month 4.73M
Short % of Shares Out 2.62%
Short % of Float 3.46%
Short Ratio (days to cover) 8.89

Income Statement

In the last 12 months, FRGE had revenue of $73.58 million and -$87.66 million in losses. Loss per share was -$0.50.

Revenue 73.58M
Gross Profit 73.14M
Operating Income -93.49M
Pretax Income -86.81M
Net Income -87.66M
EBITDA -83.30M
EBIT -93.23M
Loss Per Share -$0.50
Full Income Statement

Balance Sheet

The company has $130.68 million in cash and $15.41 million in debt, giving a net cash position of $115.27 million or $0.64 per share.

Cash & Cash Equivalents 130.68M
Total Debt 15.41M
Net Cash 115.27M
Net Cash Per Share $0.64
Equity (Book Value) 252.17M
Book Value Per Share 1.39
Working Capital 124.52M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$36.12 million and capital expenditures -$856,000, giving a free cash flow of -$36.97 million.

Operating Cash Flow -36.12M
Capital Expenditures -856,000
Free Cash Flow -36.97M
FCF Per Share -$0.21
Full Cash Flow Statement

Margins

Gross margin is 99.40%, with operating and profit margins of -127.05% and -119.13%.

Gross Margin 99.40%
Operating Margin -127.05%
Pretax Margin -117.97%
Profit Margin -119.13%
EBITDA Margin -113.20%
EBIT Margin -126.70%
FCF Margin -50.24%

Dividends & Yields

FRGE 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 -4.71%
Shareholder Yield -4.71%
Earnings Yield -30.64%
FCF Yield -12.93%

Analyst Forecast

The average price target for FRGE is $5.25, which is 232.28% higher than the current price. The consensus rating is "Buy".

Price Target $5.25
Price Target Difference 232.28%
Analyst Consensus Buy
Analyst Count 2
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

FRGE has an Altman Z-Score of 2.39 and a Piotroski F-Score of 2. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.39
Piotroski F-Score 2