Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Forsee Power designs, manufactures, and integrates modular lithium-ion battery systems for electromobility applications across commercial and industrial sectors. The company specializes in providing smart battery solutions for heavy vehicles including buses, trucks, and rail transport, as well as light vehicles such as electric bicycles, scooters, and utility vehicles. Forsee Power also serves stationary energy storage markets for residential, commercial, and industrial purposes, alongside applications in medical equipment, robotics, and connected devices. With over two decades of industry experience, the company has equipped more than 5,200 buses and 150,000 light vehicles with its battery systems, establishing itself as a leader outside of China. Operating five manufacturing facilities across Europe, Asia, and North America, Forsee Power leverages proprietary battery management systems and in-house engineering expertise to deliver comprehensive, scalable solutions that accelerate customer time-to-market while supporting the global transition toward sustainable, zero-emission transportation.
€0.26
+€0.00 (+0.96%)
Price from 4 days ago
The business is unprofitable at the operating level (-13.56% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 20.6% YoY. Margins deteriorated 7.6pp alongside, both lines moving the wrong way.
ROIC dropped from -5.96% to -11.93%, capital efficiency is deteriorating. Negative free cash flow of -€9M. The business is consuming cash, not generating it.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
€120M
▼ -20.6% YoY
Net Income (TTM)
-€28M
▼ -132.1% YoY
Op. Margin
-13.56%
▼ -7.6pp YoY
ROIC
-11.93%
▼ -6.0pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-€9M
▲ +19.1% YoY
Op. Cash Flow (TTM)
€9M
▲ +490.5% YoY
Net Debt
€56M
Cash & Equiv.
€12M
3Y CAGR: +2.8%
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