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FAR

ASX:FAR
Snowflake Description

Adequate balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
FAR
ASX
A$317M
Market Cap
  1. Home
  2. AU
  3. Energy
Company description

FAR Limited operates as an oil and gas exploration and development company with primary assets located in Africa and Australia. The last earnings update was 36 days ago. More info.


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  • FAR has significant price volatility in the past 3 months.
FAR Share Price and Events
7 Day Returns
0%
ASX:FAR
1.4%
AU Oil and Gas
0.7%
AU Market
1 Year Returns
-30.1%
ASX:FAR
3.8%
AU Oil and Gas
4.7%
AU Market
FAR Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
FAR (FAR) 0% 0% -3.3% -30.1% -35.6% 31.8%
AU Oil and Gas 1.4% -1.6% 5.5% 3.8% 28.7% -32.5%
AU Market 0.7% 1.1% 6.5% 4.7% 17.5% 4.9%
1 Year Return vs Industry and Market
  • FAR underperformed the Oil and Gas industry which returned 3.8% over the past year.
  • FAR underperformed the Market in Australia which returned 4.7% over the past year.
Price Volatility
FAR
Industry
5yr Volatility vs Market

FAR Value

 Is FAR undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for FAR. This is due to cash flow or dividend data being unavailable. The share price is A$0.058.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for FAR's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are FAR's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:FAR PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$0.00
ASX:FAR Share Price ** ASX (2019-04-18) in AUD A$0.06
Australia Oil and Gas Industry PE Ratio Median Figure of 23 Publicly-Listed Oil and Gas Companies 7.92x
Australia Market PE Ratio Median Figure of 545 Publicly-Listed Companies 16.18x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of FAR.

ASX:FAR PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:FAR Share Price ÷ EPS (both in AUD)

= 0.06 ÷ 0.00

-24.1x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • FAR is loss making, we can't compare its value to the AU Oil and Gas industry average.
  • FAR is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does FAR's expected growth come at a high price?
Raw Data
ASX:FAR PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -24.1x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts
-1.8%per year
Australia Oil and Gas Industry PEG Ratio Median Figure of 17 Publicly-Listed Oil and Gas Companies 0.24x
Australia Market PEG Ratio Median Figure of 361 Publicly-Listed Companies 1.38x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for FAR, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on FAR's assets?
Raw Data
ASX:FAR PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$0.03
ASX:FAR Share Price * ASX (2019-04-18) in AUD A$0.06
Australia Oil and Gas Industry PB Ratio Median Figure of 144 Publicly-Listed Oil and Gas Companies 1.31x
Australia Market PB Ratio Median Figure of 1,676 Publicly-Listed Companies 1.68x
ASX:FAR PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:FAR Share Price ÷ Book Value per Share (both in AUD)

= 0.06 ÷ 0.03

1.86x

* Primary Listing of FAR.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • FAR is overvalued based on assets compared to the AU Oil and Gas industry average.
X
Value checks
We assess FAR's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. FAR has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

FAR Future Performance

 How is FAR expected to perform in the next 1 to 3 years based on estimates from 3 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-1.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is FAR expected to grow at an attractive rate?
  • Unable to compare FAR's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.
Growth vs Market Checks
  • Unable to compare FAR's earnings growth to the Australia market average as it is expected to be loss making during the next 1-3 years.
  • Unable to compare FAR's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:FAR Future Growth Rates Data Sources
Data Point Source Value (per year)
ASX:FAR Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts -1.8%
Australia Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 4.2%
Australia Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 2.7%
Australia Market Earnings Growth Rate Market Cap Weighted Average 6.6%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ASX:FAR Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:FAR Future Estimates Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 0 -18 -14 1
2020-12-31 0 -7 -15 2
2019-12-31 0 -7 -21 3
ASX:FAR Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 -24 -13
2018-09-30 -29 -23
2018-06-30 -34 -33
2018-03-31 -35 -38
2017-12-31 -35 -43
2017-09-30 -31 -38
2017-06-30 -27 -33
2017-03-31 -24 -27
2016-12-31 -21 -22
2016-09-30 -21 -21
2016-06-30 -20 -21
2016-03-31 -20 -20

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • FAR is not considered high growth as it is expected to be loss making for the next 1-3 years.
  • Unable to determine if FAR is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ASX:FAR Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below

All data from FAR Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:FAR Future Estimates Data
Date (Data in AUD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 0.00 0.00 0.00 1.00
2020-12-31 0.00 0.00 -0.01 3.00
2019-12-31 0.00 0.00 -0.01 3.00
ASX:FAR Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 0.00
2018-09-30 0.00
2018-06-30 -0.01
2018-03-31 -0.01
2017-12-31 -0.01
2017-09-30 -0.01
2017-06-30 -0.01
2017-03-31 -0.01
2016-12-31 -0.01
2016-09-30 -0.01
2016-06-30 -0.01
2016-03-31 -0.01

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if FAR will efficiently use shareholders’ funds in the future (Return on Equity greater than 20%) as it is not expected to be profitable.
X
Future performance checks
We assess FAR's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
FAR has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

FAR Past Performance

  How has FAR performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare FAR's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • FAR does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare FAR's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare FAR's 1-year growth to the AU Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
FAR's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from FAR Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:FAR Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 -13.15 20.12
2018-09-30 -22.83 27.37
2018-06-30 -32.51 34.62
2018-03-31 -37.64 37.13
2017-12-31 -42.78 39.64
2017-09-30 -37.78 35.21
2017-06-30 -32.79 30.78
2017-03-31 -27.27 26.51
2016-12-31 -21.76 22.25
2016-09-30 -21.49 22.36
2016-06-30 -21.21 22.48
2016-03-31 -20.42 21.72
2015-12-31 -19.62 20.96
2015-09-30 -0.12 -16.10 18.51
2015-06-30 -0.23 -12.58 16.07
2015-03-31 -0.12 -9.76 13.28
2014-12-31 -6.94 10.49
2014-06-30 0.47 -8.41 8.67
2014-03-31 0.60 -8.18 8.63
2013-12-31 0.74 -7.96 8.58
2013-06-30 1.02 -9.40 9.88
2013-03-31 1.11 -11.94 13.89
2012-12-31 1.19 -14.47 17.90
2012-06-30 1.01 -14.01 7.57

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if FAR has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if FAR has efficiently used its assets last year compared to the AU Oil and Gas industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if FAR improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess FAR's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
FAR has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

FAR Health

 How is FAR's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up FAR's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • FAR is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • FAR's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of FAR's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • FAR has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from FAR Company Filings, last reported 3 months ago.

ASX:FAR Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 170.59 0.00 27.88
2018-09-30 170.59 0.00 27.88
2018-06-30 165.18 0.00 29.01
2018-03-31 165.18 0.00 29.01
2017-12-31 171.59 0.00 50.05
2017-09-30 171.59 0.00 50.05
2017-06-30 192.97 0.00 91.39
2017-03-31 192.97 0.00 91.39
2016-12-31 144.80 0.00 47.10
2016-09-30 144.80 0.00 47.10
2016-06-30 150.93 0.00 66.40
2016-03-31 150.93 0.00 66.40
2015-12-31 102.29 0.00 60.79
2015-09-30 102.29 0.00 60.79
2015-06-30 71.26 0.00 43.69
2015-03-31 71.26 0.00 43.69
2014-12-31 75.29 0.00 67.31
2014-06-30 33.67 0.00 42.79
2014-03-31 33.67 0.00 42.79
2013-12-31 30.23 0.00 24.29
2013-06-30 34.44 0.00 18.98
2013-03-31 34.44 0.00 18.98
2012-12-31 37.21 0.00 17.81
2012-06-30 83.98 0.00 34.03
  • FAR has no debt.
  • FAR has not taken on any debt in the past 5 years.
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.

  • FAR has less than a year of cash runway based on current free cash flow.
  • FAR has less than a year of cash runway if free cash flow continues to reduce at historical rates of -6% each year.
X
Financial health checks
We assess FAR's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. FAR has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

FAR Dividends

 What is FAR's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from FAR dividends. Estimated to be 0% next year.
If you bought A$2,000 of FAR shares you are expected to receive A$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate FAR's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate FAR's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ASX:FAR Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
Australia Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 13 Stocks 4.6%
Australia Market Average Dividend Yield Market Cap Weighted Average of 417 Stocks 4.3%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.6%
Australia Bottom 25% Dividend Yield 25th Percentile 2.5%
Australia Top 25% Dividend Yield 75th Percentile 5.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

ASX:FAR Future Dividends Estimate Data
Date (Data in A$) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.00 1.00
2020-12-31 0.00 2.00
2019-12-31 0.00 2.00

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as FAR has not reported any payouts.
  • Unable to verify if FAR's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of FAR's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as FAR has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of FAR's dividends in 3 years as they are not expected to pay a notable one for Australia.
X
Income/ dividend checks
We assess FAR's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.6%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can FAR afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. FAR has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

FAR Management

 What is the CEO of FAR's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Cath Norman
COMPENSATION A$835,954
TENURE AS CEO 7.4 years
CEO Bio

Ms. Catherine Margaret Norman, also known as Cath, BSc (Geophysics) serves as the Vice President, Marketing at Shasta Ventures since 2016. Ms. Norman has been the Managing Director and Executive Director of Flow Energy Pty Ltd. and FAR Limited since November 28, 2011. She served as the Chief Executive Officer and Managing Director of Flow Energy Limited since July 27, 2006 and served as its Chief Operating Officer. She joined Gippsland Offshore in February 2005 after 20 years in the mineral, oil and gas industries. She leads Shasta’s marketing efforts and oversees the firm’s branding, communications, content, and events. She also works closely with Shasta’s portfolio companies, providing strategic marketing counsel. For 25 years, Catherine worked with a variety of high tech businesses ranging from high-growth startups to Fortune 100 companies. She is an accomplished marketing executive who specializes in leading strategic, creative and metrics-driven campaigns that build stronger brand identity for companies, organizations, and executives. She joined the firm after running in-house marketing communications teams for leading technology startups such as Atlassian, Shop.com, and Wired.com. She founded and led the San Francisco office of Ruder Finn, a privately-held global public relations firm that was named among the top 10 agencies in the Bay Area and counted Macromedia, Seagate Technology and Intel among its clients. At Autodesk, Catherine launched her career as the speechwriter for then-CEO Carol Bartz. She led Autodesk’s worldwide corporate, executive and product public relations before managing the global communications efforts for Sun Microsystems’ software division. She received her Master’s degree in English from Northwestern University and her Bachelor’s degree, cum laude, in English from Harvard College. She is really good at speaking English and is a professional geophysist.

CEO Compensation
  • Cath's compensation has been consistent with company performance over the past year.
  • Cath's remuneration is about average for companies of similar size in Australia.
Management Team Tenure

Average tenure of the FAR management team in years:

6.7
Average Tenure
  • The average tenure for the FAR management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Cath Norman

TITLE
MD & Executive Director
COMPENSATION
A$836K
TENURE
7.4 yrs

Pete Thiessen

TITLE
CFO & Company Secretary
COMPENSATION
A$454K
TENURE
6.7 yrs

Michael Howard Cowie

TITLE
General Counsel
COMPENSATION
A$387K
TENURE
1.2 yrs

Peter Nicholls

TITLE
Exploration Manager
COMPENSATION
A$582K

Jon Keall

TITLE
Chief Geoscientist

Simon Horan

TITLE
Senior Geologist

Igor Effimoff

TITLE
Technical Consultant of United States
AGE
72

June Atling

TITLE
Administration Manager of Australia
COMPENSATION
A$88K
AGE
67
Board of Directors Tenure

Average tenure of the FAR board of directors in years:

7
Average Tenure
  • The tenure for the FAR board of directors is about average.
Board of Directors

Nic Limb

TITLE
Non-Executive Chairman
COMPENSATION
A$200K
AGE
63
TENURE
7 yrs

Cath Norman

TITLE
MD & Executive Director
COMPENSATION
A$836K
TENURE
7.4 yrs

Reg Nelson

TITLE
Lead Independent Director
COMPENSATION
A$100K
AGE
72

Tim Woodall

TITLE
Non-Executive Director
COMPENSATION
A$100K
TENURE
1.7 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
17. Dec 18 Buy Catherine Norman Individual 14. Dec 18 14. Dec 18 150,000 A$0.07 A$10,050
13. Dec 18 Buy Meridian Capital Partners, Inc. Company 28. Oct 18 06. Dec 18 47,812,127 A$0.13 A$4,569,267
06. Dec 18 Buy Catherine Norman Individual 05. Dec 18 05. Dec 18 150,000 A$0.07 A$10,200
12. Nov 18 Buy Timothy Woodall Individual 13. Nov 18 13. Nov 18 250,000 A$0.08 A$20,500
19. Jun 18 Buy Catherine Norman Individual 13. Jun 18 13. Jun 18 5,000,000 A$0.09 A$459,995
19. Jun 18 Sell Nicholas Limb Individual 13. Jun 18 13. Jun 18 -5,000,000 A$0.09 A$-459,995
07. May 18 Buy YF Finance Limited Company 23. Feb 18 02. May 18 56,004,186 A$0.09 A$5,141,149
X
Management checks
We assess FAR's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. FAR has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

FAR News

Simply Wall St News

Need To Know: FAR Limited (ASX:FAR) Insiders Have Been Buying Shares

So before you buy or sell FAR Limited (ASX:FAR), you may well want to know whether insiders have been buying or selling. … But logic dictates you should pay some attention to whether insiders are buying or selling shares. … We generally consider it a positive if insiders have been buying on market, even above the current price.

Simply Wall St -

Introducing FAR, The Stock That Dropped 42% In The Last Three Years

FAR Limited (ASX:FAR) shareholders should be happy to see the share price up 11% in the last month. … Truth be told the share price declined 42% in three years and that return, Dear Reader, falls short of what you could have got from passive investing with an index fund. … Companies that lack both meaningful revenue and profits are usually considered high risk.

Simply Wall St -

Do Institutions Own FAR Limited (ASX:FAR) Shares?

Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. … So it's nice to see some insider ownership, because it may suggest that management is owner-oriented. … FAR is a smaller company with a market capitalization of AU$333m, so it may still be flying under the radar of many institutional investors.

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Who Has Been Buying FAR Limited (ASX:FAR) Shares?

So shareholders might well want to know whether insiders have been buying or selling shares in FAR Limited (ASX:FAR). … As Peter Lynch said, 'insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.'. … That means that an insider was happy to buy shares at above the current price.

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FAR Limited's (ASX:FAR) Earnings Dropped -96.60%, How Did It Fare Against The Industry?

Today I will assess FAR's recent performance announced on 31 December 2017 and evaluate these figures to its longer term trend and industry movements. … For the most up-to-date info, I use data from the most recent 12 months, which annualizes the most recent half-year data, or in some cases, the latest annual report is already the most recent financial year data. … This may not be consistent with full year annual report figures.

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Should You Buy FAR Limited (ASX:FAR) Now?

And if you believe FAR should be trading in this range, then there isn’t really any room for the share price grow beyond what it’s currently trading. … Furthermore, it seems like FAR’s share price is quite stable, which means there may be less chances to buy low in the future now that it’s fairly valued. … It seems like the market has already priced in FAR’s positive outlook, with shares trading around its fair value.

Simply Wall St -

FAR Limited (ASX:FAR): Will The Growth Last?

In December 2017, FAR Limited (ASX:FAR) released its most recent earnings announcement, which confirmed company earnings became less negative compared to the previous year's level - great news for investors Today I want to provide a brief commentary on how market analysts predict FAR's earnings growth trajectory over the next couple of years and whether the future looks brighter. … See our latest analysis for FAR Market analysts' prospects for the coming year seems positive, with earnings becoming less negative, arriving at -AU$16.23M in 2019. … ASX:FAR Future Profit Apr 6th 18 While it is helpful to understand the growth year by year relative to today’s value, it may be more valuable evaluating the rate at which the earnings are growing every year, on average.

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Should You Buy FAR Limited (ASX:FAR) Now?

It seems like the market has already priced in FAR’s positive outlook, with shares trading around its fair value. … Will you have enough confidence to invest in the company should the price drop below its fair value? … If you’ve been keeping an eye on FAR, now may not be the most advantageous time to buy, given it is trading around its fair value.

Simply Wall St -

FAR Company Info

Description

FAR Limited operates as an oil and gas exploration and development company with primary assets located in Africa and Australia. It holds a portfolio of exploration licenses in Senegal, The Gambia, and Guinea-Bissau, West Africa; exploration permits in Guinea-Bissau and Kenya; and a petroleum exploration permit in Western Australia. The company was formerly known as First Australian Resources NL and changed its name to FAR Limited in 2010. FAR Limited was incorporated in 1984 and is based in Melbourne, Australia.

Details
Name: FAR Limited
FAR
Exchange: ASX
Founded: 1984
A$316,768,882
5,461,532,458
Website: http://www.far.com.au
Address: FAR Limited
530 Collins Street,
Level 17,
Melbourne,
Victoria, 3000,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX FAR Ordinary Shares Australian Securities Exchange AU AUD 02. Jan 1992
OTCPK FARY.F Ordinary Shares Pink Sheets LLC US USD 02. Jan 1992
DB FA6 Ordinary Shares Deutsche Boerse AG DE EUR 02. Jan 1992
CHIA FAR Ordinary Shares Chi-X Australia AU AUD 02. Jan 1992
Number of employees
Current staff
Staff numbers
0
FAR employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/19 10:32
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2019/04/17
Last earnings filing: 2019/03/14
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.