FAR Limited operates as an oil and gas exploration and development company with primary assets located in Africa and Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.81|
|52 Week High||AU$0.72|
|52 Week Low||AU$1.53|
|1 Month Change||-45.62%|
|3 Month Change||n/a|
|1 Year Change||n/a|
|3 Year Change||-93.27%|
|5 Year Change||-89.91%|
|Change since IPO||-94.23%|
Recent News & Updates
|FAR||AU Oil and Gas||AU Market|
Return vs Industry: Insufficient data to determine how FAR performed against the Australian Oil and Gas industry.
Return vs Market: Insufficient data to determine how FAR performed against the Australian Market.
Stable Share Price: FAR is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 15% a week.
Volatility Over Time: Insufficient data to determine FAR's volatility change over the past year.
About the Company
FAR Limited operates as an oil and gas exploration and development company with primary assets located in Africa and Australia. The company holds a portfolio of exploration licenses in the Gambia, the Guinea-Bissau, and the Senegal projects in West and East Africa. It also holds a petroleum exploration permit in Western Australia.
FAR Fundamentals Summary
|FAR fundamental statistics|
Is FAR overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|FAR income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.061|
|Net Profit Margin||0.00%|
How did FAR perform over the long term?See historical performance and comparison
Is FAR undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate FAR's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate FAR's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: FAR is unprofitable, so we can't compare its PE Ratio to the Australian Oil and Gas industry average.
PE vs Market: FAR 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 FAR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: FAR is good value based on its PB Ratio (0.4x) compared to the AU Oil and Gas industry average (2.5x).
How is FAR forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Energy industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as FAR has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has FAR performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FAR is currently unprofitable.
Growing Profit Margin: FAR is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: FAR is unprofitable, but has reduced losses over the past 5 years at a rate of 11.3% per year.
Accelerating Growth: Unable to compare FAR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: FAR is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-50.5%).
Return on Equity
High ROE: FAR has a negative Return on Equity (-4.51%), as it is currently unprofitable.
How is FAR's financial position?
Financial Position Analysis
Short Term Liabilities: FAR's short term assets ($226.9M) exceed its short term liabilities ($99.1M).
Long Term Liabilities: FAR's short term assets ($226.9M) exceed its long term liabilities ($25.4K).
Debt to Equity History and Analysis
Debt Level: FAR is debt free.
Reducing Debt: FAR has not had any debt for past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: FAR has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: FAR has less than a year of cash runway if free cash flow continues to reduce at historical rates of 6.9% each year
What is FAR current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate FAR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate FAR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if FAR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if FAR's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of FAR's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ms. Catherine Margaret Norman, also known as Cath, BSc (Geophysics) serves as the Vice President, Marketing at Shasta Ventures since 2016. Ms. Norman has been the Managing Director and Executive Director o...
CEO Compensation Analysis
Compensation vs Market: Cath's total compensation ($USD520.28K) is above average for companies of similar size in the Australian market ($USD302.45K).
Compensation vs Earnings: Cath's compensation has been consistent with company performance over the past year.
Experienced Management: FAR's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Experienced Board: FAR's board of directors are not considered experienced ( 0.3 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: FAR insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
FAR Limited's employee growth, exchange listings and data sources
- Name: FAR Limited
- Ticker: FAR
- Exchange: ASX
- Founded: 1984
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: AU$80.579m
- Shares outstanding: 99.79m
- Website: https://www.far.com.au
Number of Employees
- FAR Limited
- 530 Collins Street
- Level 17
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/16 07:02|
|End of Day Share Price||2021/10/15 00:00|
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.