WBAG:FAA

Stock Analysis Report

Executive Summary

Fabasoft AG, together with its subsidiaries, develops and distributes software products, and provides related services to public and private sector organizations in Austria, Germany, Switzerland, and the United States.

Snowflake

Fundamentals

Flawless balance sheet with outstanding track record and pays a dividend.

Share Price & News

How has Fabasoft's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-3.0%

FAA

-0.2%

AT Software

1.2%

AT Market


1 Year Return

71.5%

FAA

15.9%

AT Software

-3.8%

AT Market

Return vs Industry: FAA exceeded the Austrian Software industry which returned 15.9% over the past year.

Return vs Market: FAA exceeded the Austrian Market which returned -3.8% over the past year.


Shareholder returns

FAAIndustryMarket
7 Day-3.0%-0.2%1.2%
30 Day7.5%3.5%-1.5%
90 Day26.2%-0.4%2.3%
1 Year76.2%71.5%18.1%15.9%-0.3%-3.8%
3 Yearn/a45.3%37.0%43.9%30.8%
5 Yearn/a129.0%109.8%66.5%42.6%

Price Volatility Vs. Market

How volatile is Fabasoft's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Fabasoft undervalued compared to its fair value and its price relative to the market?

40.4x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: FAA (€22.9) is trading above our estimate of fair value (€6.29)

Significantly Undervalued: FAA is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: FAA is poor value based on its PE Ratio (40.4x) compared to the Software industry average (30.9x).

PE vs Market: FAA is poor value based on its PE Ratio (40.4x) compared to the Austrian market (14.5x).


Price to Earnings Growth Ratio

Low PEG Ratio: FAA is poor value based on its PEG Ratio (18.2x)


Price to Book Ratio

PB vs Industry: FAA is overvalued based on its PB Ratio (8.7x) compared to the XE Software industry average (3x).


Next Steps

Future Growth

How is Fabasoft forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

2.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: FAA's forecast earnings growth (2.2% per year) is above the savings rate (0.5%).

Earnings vs Market: FAA's earnings (2.2% per year) are forecast to grow slower than the Austrian market (8.5% per year).

High Growth Earnings: FAA's earnings are forecast to grow, but not significantly.

Revenue vs Market: FAA's revenue (8.7% per year) is forecast to grow faster than the Austrian market (3% per year).

High Growth Revenue: FAA's revenue (8.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: FAA's Return on Equity is forecast to be low in 3 years time (17.5%).


Next Steps

Past Performance

How has Fabasoft performed over the past 5 years?

26.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: FAA's earnings have grown significantly by 26.7% per year over the past 5 years.

Accelerating Growth: FAA's earnings growth over the past year (57.7%) exceeds its 5-year average (26.7% per year).

Earnings vs Industry: FAA earnings growth over the past year (57.7%) exceeded the Software industry 9.1%.


Return on Equity

High ROE: FAA's Return on Equity (23.8%) is considered high.


Return on Assets

ROA vs Industry: FAA has a higher Return on Assets than the Software industry average last year.


Return on Capital Employed

ROCE Improving: FAA has significantly improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is Fabasoft's financial position?


Financial Position Analysis

Short Term Liabilities: FAA's short term assets (€43.6M) exceeds its short term liabilities (€19.2M)

Long Term Liabilities: FAA's short term assets (43.6M) exceeds its long term liabilities (8.1M)


Debt to Equity History and Analysis

Debt Level: FAA is debt free.

Reducing Debt: FAA has not had any debt for past 5 years.

Debt Coverage: FAA has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: FAA has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: FAA has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if FAA's debt is covered by short term assets.


Next Steps

Dividend

What is Fabasoft's current dividend yield, its reliability and sustainability?

2.18%

Current Dividend Yield


Dividend Yield vs Market

company2.2%marketbottom25%1.6%markettop25%4.4%industryaverage1.4%forecastin3Years1.3%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: FAA's dividend (2.18%) is higher than the bottom 25% of dividend payers in the Austrian market (1.57%).

High Dividend: FAA's dividend (2.18%) is low compared to the top 25% of dividend payers in the Austrian market (4.43%).

Stable Dividend: FAA's dividend payments have been volatile in the past 10 years.

Growing Dividend: FAA's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (88.2%), FAA's payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: FAA's dividends in 3 years are forecast to be covered by earnings (55.1% payout ratio).


Next Steps

Management

What is the CEO of Fabasoft's salary, the management and board of directors tenure and is there insider trading?


CEO

Fabasoft has no CEO, or we have no data on them.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Helmut Fallmann

    Member of Management Board

    • Tenure: 0yrs
    • Compensation: €723.00k
  • Leopold Bauernfeind

    Member of Management Board

    • Tenure: 0yrs
    • Compensation: €711.00k

Board Members

  • Friedrich Roithmayr (73yo)

    Chairman of Supervisory Board

    • Tenure: 0yrs
  • Peter Posch

    Member of Supervisory Board

    • Tenure: 9.3yrs
  • Ingrid Schaumüller-Bichl

    Member of Supervisory Board

    • Tenure: 0yrs
  • Andreas Altmann

    Member of Supervisory Board

    • Tenure: 5.3yrs

Company Information

Fabasoft AG's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Fabasoft AG
  • Ticker: FAA
  • Exchange: WBAG
  • Founded: 1988
  • Industry: Application Software
  • Sector: Software
  • Market Cap: €245.551m
  • Shares outstanding: 10.72m
  • Website: https://www.fabasoft.com

Number of Employees


Location

  • Fabasoft AG
  • Honauerstrasse 4
  • Linz
  • 4020
  • Austria

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FAAWBAG (Wiener Boerse AG)YesCommon StockATEUROct 1999
FAADB (Deutsche Boerse AG)YesCommon StockDEEUROct 1999
FAAXTRA (XETRA Trading Platform)YesCommon StockDEEUROct 1999
FBSF.FOTCPK (Pink Sheets LLC)YesCommon StockUSUSDOct 1999
0IWULSE (London Stock Exchange)YesCommon StockGBEUROct 1999
FAADBATS-CHIXE (BATS 'Chi-X Europe')YesCommon StockGBEUROct 1999

Biography

Fabasoft AG, together with its subsidiaries, develops and distributes software products, and provides related services to public and private sector organizations in Austria, Germany, Switzerland, and the U ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/19 20:34
End of Day Share Price2019/10/18 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.