# Freshworks Inc. (FRSH) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Technology / Software. Price $12.73, market value $3.3 billion.

## Valuation
- **P/E (trailing): 20.2×** (5-yr avg 19.4×, 3-yr avg 19.4×). Freshworks Inc. trades at 20.2× trailing earnings, close to its own five-year average of 19.4×. The Technology median in the September 2026 study was 32.1×. Forward P/E is 15.3×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.05**. A PEG of 0.05 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 3.7×**. Each dollar of revenue is priced at 3.7×.
- **Price / book: 3.7×**. The shares trade at 3.7× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: 7.0%** (5-yr avg 2.2%). Free cash flow equals 7.0% of the market value, above its five-year average of 2.2%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.
- **Earnings yield: 4.9%**. The inverse of the P/E: 4.9% of the price is earned each year.

## Profitability
- **Gross margin: 85.0%**. Freshworks Inc. keeps 85.0% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: 3.3%**. 3.3% of revenue is left after running the business, which leaves little cushion in a downturn.
- **Net margin: 21.9%**. 21.9% of each dollar of sales reaches the bottom line.
- **Return on equity: 17.8%**. 17.8% on shareholders' equity is solid.
- **Return on assets: 11.6%**. Each dollar of assets produces 11.6% of profit.

## Growth
- **Revenue growth (1 yr): 16.4%** (3-yr 19.0%/yr, 5-yr 27.4%/yr). Revenue grew 16.4% over the last year, against 27.4% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 296.9%**. Earnings per share rose 296.9%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Current ratio: 2.20** (quick 2.20). Current assets cover the next year's liabilities 2.20 times.
- **Altman Z-score: 5.40**. A Z-score of 5.40 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 7/9**. 7 of 9 fundamental checks pass: strong and improving financials.

## Dividends
- **Dividend: none**. Freshworks Inc. does not currently pay a dividend.

## Price and momentum
- **Total return (1 yr): -2.2%** (YTD 3.9%, 3-mo 34.7%). The shares are down 2.2% over twelve months including dividends.
- **From 52-week high: -9.0%** (87.5% above the low). Trading 9% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 52**. An RSI of 52 is neutral.
- **Beta (1 yr): 0.66** (volatility 49%). Beta of 0.66 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=FRSH · Page: https://foliofundamentals.com/stocks/frsh

Not investment advice.