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FBR

FBRASX:FBR Stock Report

Market Cap

AU$88.3m

7D

5.3%

1Y

-28.6%

Updated

24 Oct, 2021

Data

Company Financials
FBR fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

FBR Overview

FBR Limited designs, develops, and commercializes automated robotic machines in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for FBR
Historical stock prices
Current Share PriceAU$0.04
52 Week HighAU$0.035
52 Week LowAU$0.059
Beta1.45
1 Month Change8.11%
3 Month Change-6.98%
1 Year Change-28.57%
3 Year Change-73.33%
5 Year Change-69.23%
Change since IPO42.86%

Recent News & Updates

Oct 21
Is FBR (ASX:FBR) Weighed On By Its Debt Load?

Is FBR (ASX:FBR) Weighed On By Its Debt Load?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Jun 13
Will FBR (ASX:FBR) Spend Its Cash Wisely?

Will FBR (ASX:FBR) Spend Its Cash Wisely?

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although...

Feb 28
What We Learned About FBR's (ASX:FBR) CEO Pay

What We Learned About FBR's (ASX:FBR) CEO Pay

This article will reflect on the compensation paid to Mike Pivac who has served as CEO of FBR Limited ( ASX:FBR ) since...

Shareholder Returns

FBRAU MachineryAU Market
7D5.3%-1.3%0.6%
1Y-28.6%47.5%21.3%

Return vs Industry: FBR underperformed the Australian Machinery industry which returned 47.5% over the past year.

Return vs Market: FBR underperformed the Australian Market which returned 21.3% over the past year.

Price Volatility

Is FBR's price volatile compared to industry and market?
FBR volatility
FBR Beta1.45
Industry Beta1.33
Market Beta1

Stable Share Price: FBR is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: FBR's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1999n/aMike Pivachttps://www.fbr.com.au

FBR Limited designs, develops, and commercializes automated robotic machines in Australia. It engages in developing the Hadrian X, a construction robot which builds the walls of a structure from 3D computer-aided design model, Fastbrick wall system, and dynamic stabilisation technology which reacts to wind, vibration, and other environmental factors to enable precise positioning of objects over large distances outside. The company was formerly known as Fastbrick Robotics Limited and changed its name to FBR Limited.

FBR Fundamentals Summary

How do FBR's earnings and revenue compare to its market cap?
FBR fundamental statistics
Market CapAU$88.26m
Earnings (TTM)-AU$9.33m
Revenue (TTM)AU$98.07k

1.0kx

P/S Ratio

-9.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
FBR income statement (TTM)
RevenueAU$98.07k
Cost of RevenueAU$603.49k
Gross Profit-AU$505.43k
ExpensesAU$8.83m
Earnings-AU$9.33m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0042
Gross Margin-515.40%
Net Profit Margin-9,517.64%
Debt/Equity Ratio4.0%

How did FBR perform over the long term?

See historical performance and comparison

Valuation

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

1.42x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate FBR's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate FBR's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: FBR is unprofitable, so we can't compare its PE Ratio to the Australian Machinery industry average.

PE vs Market: FBR is unprofitable, so we can't compare its PE Ratio to the Australian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate FBR's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: FBR is good value based on its PB Ratio (1.4x) compared to the AU Machinery industry average (2.3x).


Future Growth

How is FBR forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

53.0%

Forecasted Capital Goods industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as FBR has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has FBR performed over the past 5 years?

-23.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FBR is currently unprofitable.

Growing Profit Margin: FBR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: FBR is unprofitable, and losses have increased over the past 5 years at a rate of 23.1% per year.

Accelerating Growth: Unable to compare FBR's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: FBR is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (1.2%).


Return on Equity

High ROE: FBR has a negative Return on Equity (-14.97%), as it is currently unprofitable.


Financial Health

How is FBR's financial position?


Financial Position Analysis

Short Term Liabilities: FBR's short term assets (A$17.1M) exceed its short term liabilities (A$5.8M).

Long Term Liabilities: FBR's short term assets (A$17.1M) exceed its long term liabilities (A$321.7K).


Debt to Equity History and Analysis

Debt Level: FBR's debt to equity ratio (4%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if FBR's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: FBR has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: FBR has sufficient cash runway for 1.8 years if free cash flow continues to reduce at historical rates of 34% each year.


Dividend

What is FBR current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate FBR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate FBR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if FBR's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if FBR's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of FBR's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.3yrs

Average management tenure


CEO

Mike Pivac

5.92yrs

Tenure

AU$509,658

Compensation

Mr. Michael John Pivac, also known as Mike, serves as Chief Executive Officer at FBR Limited since 2021. He had been Gobal Chief Executive Officer of FBR Limited (formerly known as Fastbrick Robotics Limit...


CEO Compensation Analysis

Compensation vs Market: Mike's total compensation ($USD380.80K) is about average for companies of similar size in the Australian market ($USD302.87K).

Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: FBR's management team is considered experienced (2.3 years average tenure).


Board Members

Experienced Board: FBR's board of directors are considered experienced (3.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

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


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 6.1%.


Top Shareholders

Company Information

FBR Limited's employee growth, exchange listings and data sources


Key Information

  • Name: FBR Limited
  • Ticker: FBR
  • Exchange: ASX
  • Founded: 1999
  • Industry: Construction Machinery and Heavy Trucks
  • Sector: Capital Goods
  • Market Cap: AU$88.263m
  • Shares outstanding: 2.21b
  • Website: https://www.fbr.com.au

Location

  • FBR Limited
  • 122 Sultana Road West
  • High Wycombe
  • Western Australia
  • 6057
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/24 07:04
End of Day Share Price2021/10/22 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.