FORGE GLOBAL HOLDINGS, INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 1.92 USD | +0.52% |
|
+3.23% | -44.02% |
| Mar. 27 | Top Midday Decliners | MT |
| Mar. 26 | Forge Global Q4 Results Miss Estimates | MT |
Valuation
| Fiscal Period: December | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Capitalization 1 | 298.5 | 601.2 | 346.4 | - | - |
| Enterprise Value (EV) 1 | 105.4 | 456.5 | 237.2 | 255.3 | 309.3 |
| P/E ratio | -2.16 x | -6.6 x | -4.75 x | -6.64 x | -5.77 x |
| Yield | - | - | - | - | - |
| Capitalization / Revenue | 4.3 x | 8.61 x | 3.88 x | 2.87 x | 3.19 x |
| EV / Revenue | 1.52 x | 6.54 x | 2.66 x | 2.12 x | 2.85 x |
| EV / EBITDA | -2.25 x | -9.35 x | -6.77 x | -25.1 x | -9.64 x |
| EV / FCF | - | -10.9 x | -6.31 x | -7.02 x | - |
| FCF Yield | - | -9.2% | -15.8% | -14.2% | - |
| Price to Book | 0.93 x | 2.3 x | 1.58 x | 2.17 x | 3.01 x |
| Nbr of stocks (in thousands) | 172,542 | 175,273 | 180,410 | - | - |
| Reference price 2 | 1.730 | 3.430 | 1.920 | 1.920 | 1.920 |
| Announcement Date | 2/28/23 | 3/26/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Net sales 1 | 69.38 | 69.82 | 89.28 | 120.5 | 108.7 |
| EBITDA 1 | -46.85 | -48.8 | -35.02 | -10.16 | -32.07 |
| EBIT 1 | -135 | -91.45 | -80.73 | -60.84 | -80.28 |
| Operating Margin | -194.63% | -130.98% | -90.43% | -50.49% | -73.88% |
| Earnings before Tax (EBT) 1 | -111.6 | -90.73 | -73.9 | -55.05 | -73.28 |
| Net income 1 | -111.9 | -90.22 | -71.84 | -49.16 | - |
| Net margin | -161.22% | -129.22% | -80.47% | -40.8% | - |
| EPS 2 | -0.8000 | -0.5200 | -0.4042 | -0.2893 | -0.3327 |
| Free Cash Flow 1 | - | -41.98 | -37.6 | -36.37 | - |
| FCF margin | - | -60.13% | -42.11% | -30.18% | - |
| FCF Conversion (EBITDA) | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - |
| Dividend per Share 2 | - | - | - | - | - |
| Announcement Date | 2/28/23 | 3/26/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | - | 15.9 | 16.82 | 15.48 | 16.72 | 18.56 | 19.06 | 19.5 | 21.38 | 23.32 | 25.07 | 25.63 |
| EBITDA 1 | - | -13.27 | -14.25 | -13.03 | -11.78 | -10.36 | -13.64 | -11.57 | -9.515 | -7.751 | -6.186 | -1.798 |
| EBIT 1 | - | -42.44 | -27.8 | -22.97 | -22.55 | -21.51 | -24.42 | -22.56 | -20.69 | -18.97 | -17.66 | -15.97 |
| Operating Margin | - | -266.89% | -165.3% | -148.38% | -134.89% | -115.89% | -128.1% | -115.71% | -96.79% | -81.34% | -70.41% | -62.33% |
| Earnings before Tax (EBT) 1 | - | -16.15 | -26.04 | -21.08 | -24.81 | -18.67 | -26.18 | -20.73 | -18.92 | -17.45 | -15.99 | -14.6 |
| Net income 1 | -5.119 | -16.2 | -26.12 | -21.19 | -24.89 | -18.35 | -25.8 | -20.83 | -18.61 | -17 | -15.41 | -14.49 |
| Net margin | - | -101.87% | -155.27% | -136.88% | -148.86% | -98.84% | -135.35% | -106.8% | -87.07% | -72.86% | -61.44% | -56.54% |
| EPS 2 | -0.0300 | -0.1000 | -0.1500 | -0.1200 | -0.1400 | -0.1100 | -0.1500 | -0.1142 | -0.1054 | -0.0956 | -0.0890 | -0.0850 |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 8/11/22 | 11/9/22 | 2/28/23 | 5/9/23 | 8/8/23 | 11/7/23 | 3/26/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - |
| Net Cash position 1 | 193 | 145 | 109 | 91.1 | 37.1 |
| Leverage (Debt/EBITDA) | - | - | - | - | - |
| Free Cash Flow 1 | - | -42 | -37.6 | -36.4 | - |
| ROE (net income / shareholders' equity) | -83.9% | -30.8% | -30.4% | -29.8% | -46.1% |
| ROA (Net income/ Total Assets) | -36% | -27.1% | -24% | -17.6% | - |
| Assets 1 | 310.8 | 332.3 | 299.7 | 279.2 | - |
| Book Value Per Share 2 | 1.850 | 1.490 | 1.220 | 0.8900 | 0.6400 |
| Cash Flow per Share | - | - | - | - | - |
| Capex 1 | 0.22 | 0.53 | 0.72 | 0.75 | 1.1 |
| Capex / Sales | 0.32% | 0.75% | 0.81% | 0.62% | 1.01% |
| Announcement Date | 2/28/23 | 3/26/24 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
6
Last Close Price
1.92
USD
Average target price
3.875
USD
Spread / Average Target
+101.82%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -44.02% | 346M | |
| +1.84% | 178B | |
| +15.86% | 39.08B | |
| +1.11% | 39.08B | |
| +40.35% | 15.71B | |
| -32.17% | 10.23B | |
| +21.51% | 9.16B | |
| -22.87% | 8.98B | |
| +58.27% | 6.75B | |
| -9.32% | 5.05B |
- Stock Market
- Equities
- FRGE Stock
- Financials Forge Global Holdings, Inc.
