Fluence
Market Cap
AU$252.6m
Last Updated
2019/05/24 10:34 UTC
Data Sources
Company Financials +
Executive Summary
Fluence Corporation Limited provides packaged water and wastewater treatment solutions in North America, South America, the Middle East, Europe, and China.
Rewards
Risk Analysis
Snowflake Analysis
High growth potential with adequate balance sheet.
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's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-1.1%
FLC
-3.9%
AU Machinery
0.02%
AU Market
1 Year Return
10.8%
FLC
31.2%
AU Machinery
14.6%
AU Market
Return vs Industry: FLC underperformed the Australian Machinery industry which returned 32.4% over the past year.
Return vs Market: FLC underperformed the Australian Market which returned 19.4% over the past year.
Shareholder returns
| FLC | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.1% | -3.9% | 0.02% |
| 30 Day | -8.0% | -0.2% | 0.2% |
| 90 Day | 48.4% | 1.4% | 5.7% |
| 1 Year | 10.8%10.8% | 32.5%31.2% | 19.7%14.6% |
| 3 Year | -51.6%-51.6% | -37.5%-38.6% | 38.7%20.2% |
| 5 Year | 130.0%130.0% | 71.0%40.5% | 50.6%17.1% |
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
8 months ago | Simply Wall St
If You Had Bought Fluence (ASX:FLC) Shares Five Years Ago You'd Have Made 130%9 months ago | Simply Wall St
When Can We Expect A Profit From Fluence Corporation Limited (ASX:FLC)?10 months ago | Simply Wall St
How Financially Strong Is Fluence Corporation Limited (ASX:FLC)?Valuation
Is Fluence undervalued compared to its fair value and its price relative to the market?
3.42x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate FLC's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate FLC's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: FLC is unprofitable, so we can't compare its PE Ratio to the 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 (3.4x) compared to the AU Machinery industry average (1.3x).
Next Steps
Future Growth
How is Fluence forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
142.1%
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 (2.3%).
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 (47.6% per year) is forecast to grow faster than the Australian market (3.8% per year).
High Growth Revenue: FLC's revenue (47.6% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if FLC's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Fluence performed over the past 5 years?
-48.5%
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 -48.5% 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 (-19.1%).
Return on Equity
High ROE: FLC has a negative Return on Equity (-122.98%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Fluence's financial position?
Financial Position Analysis
Short Term Liabilities: FLC's short term assets ($97.7M) exceed its short term liabilities ($80.1M).
Long Term Liabilities: FLC's short term assets ($97.7M) exceed its long term liabilities ($10.7M).
Debt to Equity History and Analysis
Debt Level: FLC's debt to equity ratio (15.1%) is considered satisfactory.
Reducing Debt: FLC had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Balance Sheet
Inventory Level: FLC has a high level of physical assets or inventory.
Debt Coverage by Assets: FLC's debt is covered by short term assets (assets are 12.7x debt).
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: FLC has less than a year of cash runway if free cash flow continues to reduce at historical rates of -88.2% each year
Next Steps
Dividend
What is Fluence's 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 payouts.
High Dividend: Unable to evaluate FLC's dividend yield against the top 25% of dividend payers, as the company has not reported any 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: FLC is not paying a notable dividend for the Australian market.
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?
1.2yrs
Average management tenure
CEO
Henry Charrabé 0
1.8yrs
Tenure
US$1,299,060
Compensation
Mr. Henry J. Charrabé has been the Chief Executive Officer and Managing Director of Fluence Corporation Limited (formerly, Emefcy Group Limited) since July 14, 2017. Mr. Charrabé was President and Chief Ex ...
CEO Compensation Analysis
Compensation vs Market: Henry's total compensation ($USD1.30M) is above average for companies of similar size in the Australian market ($USD509.47K).
Compensation vs Earnings: Insufficient data to compare Henry's compensation with company performance.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 1.8yrs | US$1.30m | no data | |
| Global Vice President of Sales | 0.3yrs | US$336.76k | no data | |
| Company Secretary & Board Advisor | 0yrs | US$203.53k | no data | |
| Chief Financial Officer | 1.1yrs | no data | no data | |
| Chief Operating Officer | 1yrs | no data | no data | |
| Chief Legal Officer | 1.8yrs | no data | no data | |
| Chief Marketing Officer | 1.2yrs | no data | no data |
1.2yrs
Average Tenure
Experienced Management: FLC's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 1.8yrs | US$1.30m | no data | |
| Company Secretary & Board Advisor | 0yrs | US$203.53k | no data | |
| Non-Executive Chairman | 3.4yrs | US$208.69k | no data | |
| Non-Executive Director | 1.8yrs | US$88.26k | no data | |
| Non-Executive Director | 3.4yrs | US$143.28k | no data | |
| Non-Executive Director | 4.2yrs | US$118.53k | no data | |
| Non-Executive Director | 1.7yrs | US$23.79k | no data | |
| Non-Executive Director | 0.8yrs | no data | no data |
1.8yrs
Average Tenure
58yo
Average Age
Experienced Board: FLC's board of directors are not considered experienced ( 1.8 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: FLC insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Insufficient data to determine if shareholders have been 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: 1981
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: AU$252.566m
- Shares outstanding: 537.38m
- Website: https://www.fluencecorp.com
Number of Employees
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 2007 |
| 4SVE | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Dec 2007 |
| FLC | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | Dec 2007 |
| EMFG.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Dec 2007 |
Biography
Fluence Corporation Limited provides packaged water and wastewater treatment solutions in North America, South America, the Middle East, Europe, and China. The company offers NIROBOX for water desalination and treatment of brackish water; Ultrafiltration solutions to remove suspended solids, endotoxins, bacteria, viruses, and other pathogens from feed water; and reverse osmosis systems, which are used in desalination and other water purification processes. It also provides Aspiral membrane aerated biofilm reactor (MABR), a smart wastewater treatment solution; Subre MABR for existing or new wastewater treatment; ECOBOX containerized treatment for water reuse; prefabricated and packaged wastewater treatment plants; aeration equipment; SmartAerator system; and dissolved air flotation systems for clarification of suspended particles from wastewater. In addition, the company offers project financing and after-sale support services; and Smart Operations data analytics software suite that helps to keep an eye on plant’s processes. It serves municipal, commercial, power, food and beverage, pharmaceutical, microelectronics, oil and gas, petrochemical, metal, mining, automotive, pulp and paper, textile, cosmetic, military, and general industries. The company was formerly known as Emefcy Group Limited and changed its name to Fluence Corporation Limited in July 2017. Fluence Corporation Limited was founded in 1981 and is headquartered in White Plains, New York.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/05/24 10:34 |
| End of Day Share Price | 2019/05/24 00:00 |
| Earnings | 2018/12/31 |
| Annual Earnings | 2018/12/31 |
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.