Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
Forsee Power SAS designs, manufactures, assembles, and supplies lithium-ion battery systems for mobility applications in Europe, Asia, and North America. It offers high-energy battery solutions, such as ZEN 35, ZEN 42, ZEN slim, FLEX 7, PULSE 2.5, and PULSE 15; portable battery solutions, such as GO 1.6 energy, GO 1.6 power, GO 10, GO 8, and custom-made batteries; and smart battery systems for industrial devices. The company's products have applications in autonomous vehicles and robotics, light urban and utility vehicles, buses and trucks, rails, and marine vessels, as well as agricultural, construction, and industrial vehicles. It is also involved in the installation, commissioning, and on-site or remote maintenance of energy management systems. In addition, the company offers financing products, which include battery rental solutions; and second life solutions for transport batteries. Forsee Power SAS was incorporated in 2007 and is headquartered in Ivry-sur-Seine, France.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers.
Target Price
The average target price of FORSE.PA is 0.39 and suggests 50% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to in
Buy
Sell