ASX:FLC

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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


Snowflake Analysis

Adequate balance sheet with reasonable 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 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-4.7%

FLC

8.4%

AU Machinery

-0.5%

AU Market


1 Year Return

-54.4%

FLC

3.6%

AU Machinery

-6.2%

AU Market

Return vs Industry: FLC underperformed the Australian Machinery industry which returned -0.3% over the past year.

Return vs Market: FLC underperformed the Australian Market which returned -5.4% over the past year.


Shareholder returns

FLCIndustryMarket
7 Day-4.7%8.4%-0.5%
30 Day2.5%17.2%6.8%
90 Day0%48.4%4.4%
1 Year-54.4%-54.4%5.2%3.6%-2.9%-6.2%
3 Year-68.0%-68.0%1.5%-1.2%17.9%2.9%
5 Yearn/a155.9%114.0%43.9%14.6%

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

Valuation

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

31.8%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: FLC (A$0.21) is trading below our estimate of fair value (A$0.3)

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 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's PB Ratio (1.9x) is in line with the AU Machinery industry average.


Next Steps

Future Growth

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

49.9%

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 (6.9% per year) is forecast to grow faster than the Australian market (4.6% per year).

High Growth Revenue: FLC's revenue (6.9% per year) is forecast to grow slower than 20% 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 (12.5%).


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 (39.3%).


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?

2.7yrs

Average management tenure


CEO

Henry Charrabé

no data

Tenure

US$2,092,895

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. He serves as the Director of Fluence Co ...


CEO Compensation Analysis

Compensation vs Market: Henry's total compensation ($USD2.09M) is above average for companies of similar size in the Australian market ($USD274.65K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Henry Charrabé
MD, CEO & Directorno dataUS$2.09mno data
Francesco Fragasso
Chief Financial Officer2.5yrsUS$339.50kno data
Anthony Hargrave
Chief Operating Officer2.42yrsUS$344.29kno data
Spencer Smith
Chief Legal Officer2.75yrsUS$354.86kno data
Erik Arfalk
Chief Marketing Officer2.58yrsUS$262.17kno data
Ronen Shechter
Co-Founder and Chief Technology Officerno dataUS$243.37kno data
Ilan Wilf
Vice President of Sales4.42yrsUS$336.76kno data
Ross Kennedy
Company Secretary4.83yrsUS$203.53kno data
Susan Plotzky
VP & Corporate Treasurerno datano datano data

2.7yrs

Average Tenure

Experienced Management: FLC's management team is considered experienced (2.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Henry Charrabé
MD, CEO & Directorno dataUS$2.09mno data
Richard Irving
Non-Executive Chairman1.75yrsUS$197.23k5.96%
$ 7.5m
Rengarajan Ramesh
Non-Executive Director3.25yrsUS$179.39kno data
Bruce Logan
Member of Scientific Advisory Boardno datano datano data
Arnon Goldfarb
Non-Executive Director3.08yrsUS$82.67kno data
Bruce Rittmann
Member of Scientific Advisory Boardno datano datano data
Derek Lovley
Member of Scientific Advisory Boardno datano datano data
Ross Haghighat
Non-Executive Directorno dataUS$144.11k0.080%
$ 100.0k
Paul Donnelly
Non-Executive Director2.25yrsUS$84.17k0.080%
$ 100.0k

2.7yrs

Average Tenure

69yo

Average Age

Experienced Board: FLC's board of directors are not considered experienced ( 2.7 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 16.3%.


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$124.971m
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FLCASX (Australian Securities Exchange)YesOrdinary SharesAUAUDDec 2015
FLCCHIA (Chi-X Australia)YesOrdinary SharesAUAUDDec 2015
4SVEDB (Deutsche Boerse AG)YesOrdinary SharesDEEURDec 2015
EMFG.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDDec 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/22 10:42
End of Day Share Price2020/10/22 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.