Forza X1, Inc.

Forza X1, Inc.verified

FRZA

Price:

$0.33

Market Cap:

$5.20M

Forza X1, Inc. focuses on designing, developing, and manufacturing fully electric boats in the United States. It intends to offer its products through a vertically integrated direct-to-consumer system. The company was incorporated in 2021 and is based in Fort Pierce, Florida. Forza X1, Inc. operates as a subsidiary of Twin Vee Powercats Co.[Read more]

Industry

Auto - Recreational Vehicles

IPO Date

2022-08-12

Stock Exchange

NASDAQ

Ticker

FRZA

The ROE as of October 2024 (TTM) for Forza X1, Inc. (FRZA) is -42.41%

According to Forza X1, Inc.’s latest financial reports and current stock price. The company's current ROE is -42.41%. This represents a change of 275.25% compared to the average of -11.30% of the last 4 quarters.

Forza X1, Inc. (FRZA) Historical ROE (quarterly & annually)

How has FRZA ROE performed in the past?

The mean historical ROE of Forza X1, Inc. over the last ten years is -24.49%. The current -42.41% ROE has changed 73.19% with respect to the historical average. Over the past ten years (40 quarters), FRZA's ROE was at its highest in in the March 2021 quarter at 0%. The ROE was at its lowest in in the June 2022 quarter at -74.47%.

Quarterly (TTM)
Annual

Average

-24.49%

Median

-30.46%

Minimum

-37.03%

Maximum

0%

Forza X1, Inc. (FRZA) ROE by Quarter and Year

Discovering the peaks and valleys of Forza X1, Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 40.67%

Maximum Annual ROE = 0%

Minimum Annual Increase = -Infinity%

Minimum Annual ROE = -37.03%

Quarterly (TTM)
Annual
YearROEChange
2023-37.03%40.67%
2022-26.33%-23.89%
2021-34.59%-Infinity%

Forza X1, Inc. (FRZA) Average ROE

How has FRZA ROE performed in the past?

The current ROE of Forza X1, Inc. (FRZA) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-32.65%

5-year avg

-24.49%

10-year avg

-24.49%

Forza X1, Inc. (FRZA) ROE vs. Peers

How is FRZA’s ROE compared to its peers?

Forza X1, Inc.’s ROE is greater than EZGO Technologies Ltd. (-3.14%), greater than Vision Marine Technologies Inc. (-164.29%), greater than Arcimoto, Inc. (-161.23%), less than Micromobility.com Inc. (30.03%), less than Twin Vee Powercats Co. (0%), greater than Brunswick Corporation (-43.41%), less than REE Automotive Ltd. (16.58%), greater than LCI Industries (-118.73%), less than Curtiss Motorcycles Company, Inc. (8.85%), less than Marine Products Corporation (47.41%), less than MasterCraft Boat Holdings, Inc. (17.86%), less than null (4.06%),

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