Fluence
Market Cap
AU$150.0m
Last Updated
2021/01/19 07:04 UTC
Data Sources
Company Financials +
Executive Summary
Fluence Corporation Limited designs, manufactures, and sells water and wastewater treatment and reuse solutions for the municipal, commercial, and industrial markets worldwide. More Details
Rewards
Risk Analysis
Snowflake Analysis
Adequate balance sheet with moderate growth potential.
Similar Companies
Share Price & News
How has Fluence's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FLC is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: FLC's weekly volatility (11%) has been stable over the past year.
Market Performance
7 Day Return
0%
FLC
-0.6%
AU Machinery
-0.3%
AU Market
1 Year Return
-44.2%
FLC
6.9%
AU Machinery
-2.7%
AU Market
Return vs Industry: FLC underperformed the Australian Machinery industry which returned 6.9% over the past year.
Return vs Market: FLC underperformed the Australian Market which returned -2.7% over the past year.
Shareholder returns
| FLC | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | -0.6% | -0.3% |
| 30 Day | 0% | 6.0% | 0.7% |
| 90 Day | 20.0% | 3.6% | 9.1% |
| 1 Year | -44.2%-44.2% | 8.5%6.9% | 0.6%-2.7% |
| 3 Year | -48.4%-48.4% | -1.0%-3.7% | 25.3%9.8% |
| 5 Year | 18.8%18.8% | 106.2%79.5% | 65.4%32.0% |
Long-Term Price Volatility Vs. Market
How volatile is Fluence's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall St
Here's Why We're Not Too Worried About Fluence's (ASX:FLC) Cash Burn Situation3 weeks ago | Simply Wall St
Estimating The Intrinsic Value Of Fluence Corporation Limited (ASX:FLC)1 month ago | Simply Wall St
Fluence's (ASX:FLC) Stock Price Has Reduced 46% In The Past Three YearsValuation
Is Fluence undervalued compared to its fair value and its price relative to the market?
2.46x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: FLC (A$0.24) is trading above our estimate of fair value (A$0.21)
Significantly Below Fair Value: FLC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: FLC is unprofitable, so we can't compare its PE Ratio to the AU Machinery industry average.
PE vs Market: FLC 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 FLC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: FLC is overvalued based on its PB Ratio (2.5x) compared to the AU Machinery industry average (2x).
Next Steps
Future Growth
How is Fluence forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
54.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FLC is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: FLC is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: FLC's is expected to become profitable in the next 3 years.
Revenue vs Market: FLC's revenue is expected to decline over the next 3 years (-7.3% per year).
High Growth Revenue: FLC's revenue is forecast to decline over the next 3 years (-7.3% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FLC's Return on Equity is forecast to be low in 3 years time (13.6%).
Next Steps
Past Performance
How has Fluence performed over the past 5 years?
-21.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FLC is currently unprofitable.
Growing Profit Margin: FLC is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: FLC is unprofitable, and losses have increased over the past 5 years at a rate of 21.5% per year.
Accelerating Growth: Unable to compare FLC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: FLC is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (19.6%).
Return on Equity
High ROE: FLC has a negative Return on Equity (-25.9%), as it is currently unprofitable.
Next Steps
Financial Health
How is Fluence's financial position?
Financial Position Analysis
Short Term Liabilities: FLC's short term assets ($110.5M) exceed its short term liabilities ($91.6M).
Long Term Liabilities: FLC's short term assets ($110.5M) exceed its long term liabilities ($13.2M).
Debt to Equity History and Analysis
Debt Level: FLC is debt free.
Reducing Debt: FLC had no debt 5 years ago.
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: FLC has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if FLC has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
Next Steps
Dividend
What is Fluence current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate FLC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate FLC'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 FLC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if FLC'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 FLC'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?
2.8yrs
Average management tenure
CEO
Richard Irving
0.17
Tenure
US$197,226
Compensation
Mr. Richard Irving serves as the Chief Executive Officer and is Managing Partner of Pond Venture Partners Ltd. Mr. Irving co-founded Pond Venture Partners Ltd. in 1997. He serves as Chief Executive Officer...
CEO Compensation Analysis
Compensation vs Market: Richard's total compensation ($USD197.23K) is below average for companies of similar size in the Australian market ($USD294.50K).
Compensation vs Earnings: Richard's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 0.17yr | US$197.23k | 5.96% $ 8.9m | |
| Chief Financial Officer | 2.75yrs | US$339.50k | no data | |
| Chief Operating Officer | 2.67yrs | US$344.29k | no data | |
| Chief Legal Officer | 3yrs | US$354.86k | no data | |
| Chief Marketing Officer | 2.83yrs | US$262.17k | no data | |
| Co-Founder and Chief Technology Officer | no data | US$243.37k | no data | |
| Vice President of Sales | 4.67yrs | US$336.76k | no data | |
| Part-Time Advisor | 0.083yr | US$203.53k | no data | |
| VP & Corporate Treasurer | no data | no data | no data | |
| Company Secretary | no data | no data | no data |
2.8yrs
Average Tenure
Experienced Management: FLC's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 0.17yr | US$197.23k | 5.96% $ 8.9m | |
| Non-Executive Director | 3.5yrs | US$179.39k | no data | |
| Member of Scientific Advisory Board | no data | no data | no data | |
| Member of Scientific Advisory Board | no data | no data | no data | |
| Member of Scientific Advisory Board | no data | no data | no data | |
| Non-Executive Director | no data | US$144.11k | 0.080% $ 120.0k | |
| Lead Independent Director | 0.17yr | US$84.17k | 0.080% $ 120.0k |
2.0yrs
Average Tenure
Experienced Board: FLC's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.
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 not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Fluence Corporation Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Fluence Corporation Limited
- Ticker: FLC
- Exchange: ASX
- Founded: 2008
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: AU$149.965m
- Shares outstanding: 624.85m
- Website: https://www.fluencecorp.com
Location
- Fluence Corporation Limited
- 10 Bank Street
- Suite 830
- White Plains
- New York
- 10606
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| FLC | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Dec 2015 |
| FLC | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | Dec 2015 |
| 4SVE | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Dec 2015 |
| EMFG.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Dec 2015 |
Biography
Fluence Corporation Limited designs, manufactures, and sells water and wastewater treatment and reuse solutions for the municipal, commercial, and industrial markets worldwide. The company offers NIROBOX f...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/19 07:04 |
| End of Day Share Price | 2021/01/19 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.