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FLC

FluenceASX:FLC Stock Report

Last Price

AU$0.16

Market Cap

AU$100.0m

7D

0%

1Y

-33.3%

Updated

17 Jan, 2022

Data

Company Financials +
FLC fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

FLC Stock Overview

Fluence Corporation Limited provides water and wastewater treatment, and reuse solutions for the municipal, commercial, and industrial markets worldwide.

Fluence Competitors

Sunrise Energy Metals

ASX:SRL

AU$198.1m

Morella

ASX:1MC

AU$107.8m

PuriflOH

ASX:PO3

AU$31.5m

Price History & Performance

Summary of all time highs, changes and price drops for Fluence
Historical stock prices
Current Share PriceAU$0.16
52 Week HighAU$0.26
52 Week LowAU$0.15
Beta0.39
1 Month Change3.23%
3 Month Change-13.51%
1 Year Change-33.33%
3 Year Change-57.33%
5 Year Change-81.29%
Change since IPO-20.00%

Recent News & Updates

Nov 25
Is Fluence (ASX:FLC) Using Debt Sensibly?

Is Fluence (ASX:FLC) Using Debt Sensibly?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

May 09
Fluence Corporation Limited (ASX:FLC) Could Be Less Than A Year Away From Profitability

Fluence Corporation Limited (ASX:FLC) Could Be Less Than A Year Away From Profitability

With the business potentially at an important milestone, we thought we'd take a closer look at Fluence Corporation...

Apr 13
Does Fluence (ASX:FLC) Have A Healthy Balance Sheet?

Does Fluence (ASX:FLC) Have A Healthy Balance Sheet?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Shareholder Returns

FLCAU MachineryAU Market
7D0%-0.9%0.5%
1Y-33.3%12.1%10.3%

Return vs Industry: FLC underperformed the Australian Machinery industry which returned 11.3% over the past year.

Return vs Market: FLC underperformed the Australian Market which returned 10.4% over the past year.

Price Volatility

Is FLC's price volatile compared to industry and market?
FLC volatility
FLC Average Weekly Movement8.6%
Machinery Industry Average Movement8.7%
Market Average Movement8.4%
10% most volatile stocks in AU Market15.2%
10% least volatile stocks in AU Market3.6%

Stable Share Price: FLC is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: FLC's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2017n/aRichard Irvinghttps://www.fluencecorp.com

Fluence Corporation Limited provides water and wastewater treatment, and reuse solutions for the municipal, commercial, and industrial markets worldwide. The company offers NIROBOX for desalination of seawater and brackish water, as well as for the treatment of fresh and wastewater; NIROFLEX systems for desalination; ultrafiltration systems; and reverse osmosis systems. It also provides wastewater treatment products, such as Aspiral, a wastewater treatment solution; SUBRE membrane aerated biofilm reactor modules; EcoBox water reuse systems; Tipton packaged wastewater treatment plants; aeration equipment comprising aerators, mixers, and diffusers; and dissolved air flotation systems.

Fluence Fundamentals Summary

How do Fluence's earnings and revenue compare to its market cap?
FLC fundamental statistics
Market CapUS$72.23m
Earnings (TTM)-US$15.83m
Revenue (TTM)US$83.29m

0.9x

P/S Ratio

-4.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
FLC income statement (TTM)
RevenueUS$83.29m
Cost of RevenueUS$65.67m
Gross ProfitUS$17.62m
ExpensesUS$33.45m
Earnings-US$15.83m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.025
Gross Margin21.15%
Net Profit Margin-19.00%
Debt/Equity Ratio119.6%

How did FLC perform over the long term?

See historical performance and comparison

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: FLC (A$0.16) is trading below our estimate of fair value (A$4.37)

Significantly Below Fair Value: FLC is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: FLC is unprofitable, so we can't compare its PE Ratio to the Australian 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 (3.6x) compared to the AU Machinery industry average (2.3x).


Future Growth

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

138.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: FLC is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: FLC is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: FLC is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: FLC's revenue (3.2% per year) is forecast to grow slower than the Australian market (4.9% per year).

High Growth Revenue: FLC's revenue (3.2% per year) is forecast to grow slower 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


Past Performance

How has Fluence performed over the past 5 years?

1.1%

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, but has reduced losses over the past 5 years at a rate of 1.1% 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 (25.8%).


Return on Equity

High ROE: FLC has a negative Return on Equity (-100.69%), as it is currently unprofitable.


Financial Health

How is Fluence's financial position?


Financial Position Analysis

Short Term Liabilities: FLC's short term assets ($107.3M) exceed its short term liabilities ($93.9M).

Long Term Liabilities: FLC's short term assets ($107.3M) exceed its long term liabilities ($33.0M).


Debt to Equity History and Analysis

Debt Level: FLC has more cash than its total debt.

Reducing Debt: Insufficient data to determine if FLC'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: Whilst unprofitable FLC has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: FLC is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 0.3% per year.


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?

1.2yrs

Average management tenure


CEO

Richard Irving

1.17yrs

Tenure

US$309,822

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 ($USD309.82K) is about average for companies of similar size in the Australian market ($USD291.63K).

Compensation vs Earnings: Richard's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: FLC's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.


Board Members

Experienced Board: FLC's board of directors are considered experienced (4.5 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Fluence Corporation Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Fluence Corporation Limited
  • Ticker: FLC
  • Exchange: ASX
  • Founded: 2017
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Implied Market Cap: AU$99.977m
  • 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


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/17 16:31
End of Day Share Price2022/01/17 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.