Freight Technologies Inc (NASDAQ:FRGT) — Market Cap & Net Worth
Market Cap & Net Worth: Freight Technologies Inc (FRGT)
Freight Technologies Inc (NASDAQ:FRGT) has a market capitalization of $1.31 Million ($1.31 Million) as of September 16, 2026. Listed on the NASDAQ stock exchange, this USA-based company holds position #30512 globally and #6205 in its home market, demonstrating a -30.42% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Freight Technologies Inc's stock price $0.84 by its total outstanding shares 1564246 (1.56 Million). Also see Freight Technologies Inc total assets for a full breakdown of the balance sheet.
Freight Technologies Inc Market Cap History: 2017 to 2026
Freight Technologies Inc's market capitalization history from 2017 to 2026. Data shows change from $361.34 Billion to $1.31 Million (-71.10% CAGR). Also see Freight Technologies Inc cash flow conversion for how efficiently the company converts equity into cash flow.
Index Memberships
Freight Technologies Inc is a constituent of 1 market index:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
NASDAQ Composite
IXIC
|
$41.74 Trillion | 0.00% | #2851 of 3165 |
Weight: Freight Technologies Inc's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
Freight Technologies Inc Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Freight Technologies Inc's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance. Check FRGT live share price for real-time trading data and today's change.
Latest Price to Sales (P/S) Ratio
0.22x
Freight Technologies Inc's market cap is 0.22 times its annual revenue
Latest Price to Earnings (P/E) Ratio
N/A
P/E ratio not applicable due to negative or zero earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2017 | $361.34 Billion | $25.12 Million | $24.05 Million | 14386.94x | 15025.84x |
| 2018 | $7.92 Billion | $20.88 Million | -$3.82 Million | 379.47x | N/A |
| 2019 | $9.62 Billion | $3.56 Million | -$62.00 Million | 2703.64x | N/A |
| 2020 | $31.18 Billion | $365.63K | -$9.08 Million | 85281.25x | N/A |
| 2021 | $23.86 Billion | $21.47 Million | -$8.20 Million | 1111.10x | N/A |
| 2022 | $895.53 Million | $25.89 Million | -$8.19 Million | 34.59x | N/A |
| 2023 | $131.40 Million | $17.06 Million | -$9.33 Million | 7.70x | N/A |
| 2024 | $2.96 Million | $13.73 Million | -$5.60 Million | 0.22x | N/A |
Competitor Companies of FRGT by Market Capitalization
Companies near Freight Technologies Inc in the global market cap rankings as of September 16, 2026. Review FRGT tangible net worth ratio to assess the quality of the company's equity after excluding intangible assets.
Key companies related to Freight Technologies Inc by market ranking:
- Shopify Inc (NYSE:SHOP): Ranked #107 globally with a market cap of $196.94 Billion USD.
- SAP SE (F:SAPA): Ranked #132 globally with a market cap of $173.28 Billion USD ( €148.21 Billion EUR).
- SAP SE (F:SAP): Ranked #138 globally with a market cap of $168.70 Billion USD ( €144.30 Billion EUR).
- Shopify Inc (TO:SHOP): Ranked #154 globally with a market cap of $159.51 Billion USD ( CA$220.50 Billion CAD).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #107 | Shopify Inc | NYSE:SHOP | $196.94 Billion | $161.08 |
| #132 | SAP SE | F:SAPA | $173.28 Billion | €185.50 |
| #138 | SAP SE | F:SAP | $168.70 Billion | €186.58 |
| #154 | Shopify Inc | TO:SHOP | $159.51 Billion | CA$180.80 |
Freight Technologies Inc Historical Marketcap From 2017 to 2026
Between 2017 and today, Freight Technologies Inc's market cap moved from $361.34 Billion to $ 1.31 Million, with a yearly change of -71.10%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $1.31 Million | -50.30% |
| 2025 | $2.63 Million | -11.11% |
| 2024 | $2.96 Million | -97.75% |
| 2023 | $131.40 Million | -85.33% |
| 2022 | $895.53 Million | -96.25% |
| 2021 | $23.86 Billion | -23.48% |
| 2020 | $31.18 Billion | +224.08% |
| 2019 | $9.62 Billion | +21.41% |
| 2018 | $7.92 Billion | -97.81% |
| 2017 | $361.34 Billion | -- |
End of Day Market Cap According to Different Sources
On Sep 16th, 2026 the market cap of Freight Technologies Inc was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $1.31 Million USD |
| MoneyControl | $1.31 Million USD |
| MarketWatch | $1.31 Million USD |
| marketcap.company | $1.31 Million USD |
| Reuters | $1.31 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Freight Technologies Inc
Freight Technologies, Inc., through its subsidiary, operates as a technology company that engages in the freight management business in the United States and Mexico. It offers Fr8App platform for over-the-road business-to-business cross-border shipping; Fr8Now, a specialized service for less than truckload shipping; Fr8Fleet, a capacity service for enterprise clients; Waavely, a digital platform … Read more