FRS
FORREST FPO [FRS]
Basic Materials · ASX Small Cap
$0.3850 +1.3%
Updated 22 Jul 2026 · Signals refresh every scan
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Active Signals
Bullish Signals
- RSI drifting toward oversold territory — worth watching
- MACD just crossed bullish — momentum is shifting to the upside
- Lagging the Small Ords index — relative strength of 0.86, underperforming its peers
- Strong cash runway (21 quarters)
- Very high P/S ratio (145.3x)
- EPS estimates revised upward (+10pts)
- Capital raise activity (1 events)
- CANSLIM S: Tight float (21%)
- Sentiment is mixed — no strong consensus either way
- Strong long-term momentum — up 57% over the past year (excluding last month)
- Altman Z-Score grey zone (1.82, low-confidence approx)
- RBA hiking (-3pts)
Risk Signals
- Trading below both moving averages — the trend is working against this one
- Below the 200-day average — the long-term trend is still working against it
- Piotroski F-Score weak (3/9, low-confidence approx)
- Deeply negative margins (-234%)
- Not enough chatter to gauge sentiment — defaulting to neutral
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Recent Catalysts
NONE Cleansing Notice
NONE Application for quotation of securities - FRS
NONE Application for quotation of securities - FRS
Recent ASX Announcements
| 2026-07-21 | Cleansing Notice |
| 2026-07-21 | Application for quotation of securities - FRS |
| 2026-07-17 | Application for quotation of securities - FRS |
| 2026-07-16 | Change in substantial holding from FRS |
| 2026-07-14 | Change in substantial holding from FRS |
Key Metrics
$610.9M
Market Cap
4.7M
Avg Volume
0.8x
Vol Ratio
$0.12 — $0.72
52-Week Range
0.1%
Short Interest
N/A
Cash Runway
-28.1%
ROE
-234.3%
Profit Margin
CANSLIM Analysis
| Factor | Rating | Detail | |
|---|---|---|---|
| C | Current EPS | fail | EPS Growth: 0% |
| A | Annual Earnings | fail | CAGR: 0% |
| N | New Highs / Catalysts | neutral | |
| S | Supply & Demand | pass | Float: 21% |
| L | Leader vs Laggard | laggard | RS: -12 |
| I | Institutional Sponsorship | weak | Inst: 0% |
| M | Market Direction | neutral | Neutral |
Sector: Basic Materials
506 tickers in this sector
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