Forge Global Holdings, Inc. (FRGE)
Financial Services › Security & Commodity Brokers, Dealers, Exchanges & Services
Price History
Feb 9, 2026 — Mar 6, 2026Investment Snapshot
- P/B of 3.05 — trading above book value
- Piotroski F-Score 4/9 — moderate financial health
- Loss-making — negative ROE of -32.2%
- Revenue growing at 14% annually
Forge Global Holdings, Inc. (FRGE) is a Financial Services company operating in Security & Commodity Brokers, Dealers, Exchanges & Services, listed on the NYSE , with a market capitalisation of $619 million . Key value metrics: P/B ratio 3.05, Piotroski F-Score 4 out of 9 (moderate financial health) .
Value Score
Key Metrics
Current vs 5-Year Average
Based on 5 years of SEC filingsRevenue & Net Income
Financial Statements
| Metric | FY22 | FY23 | FY24 |
|---|---|---|---|
| Revenue | $X.XB | $X.XB | $X.XB |
| Gross Profit | $X.XB | $X.XB | $X.XB |
| Operating Income | $X.XB | $X.XB | $X.XB |
| Net Income | $X.XB | $X.XB | $X.XB |
| EBITDA | $X.XB | $X.XB | $X.XB |
| Total Assets | $X.XB | $X.XB | $X.XB |
| Total Liabilities | $X.XB | $X.XB | $X.XB |
Forge Global Holdings, Inc. — Fundamental Analysis Summary
On financial health, FRGE shows a moderate Piotroski F-Score of 4/9, and negative return on equity of -32.2% (sector average: 5.8%), and minimal leverage with a debt-to-equity ratio of 0.23.
StockPik's composite Value Score for FRGE is 50/100 — an above-average value rating. The score is built from ten fundamental signals: P/E, P/B, PEG ratio, P/S ratio, return on equity, gross margin, debt-to-equity, current ratio, dividend yield, and Piotroski F-Score.
FRGE reports a high gross margin of 99.2% (sector average: 9.2%) and a negative operating margin of -75.7%.
FRGE shows revenue growing at 14% year-over-year, with earnings growing at 26%.