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Market Cap

AU$12.0m

Last Updated

2021/04/12 08:22 UTC

Data Sources

Company Financials

Executive Summary

Forbidden Foods Limited supplies organic rice, conventional rice, rice flour, and rice food solutions in Australia and New Zealand. More Details


Snowflake Analysis

Excellent balance sheet with weak fundamentals.


Similar Companies

Share Price & News

How has Forbidden Foods's share price performed over time and what events caused price changes?


Latest Share Price and Events

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

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


Market Performance


7 Day Return

-8.8%

FFF

1.7%

AU Food

2.2%

AU Market


1 Year Return

n/a

FFF

7.5%

AU Food

36.3%

AU Market

Return vs Industry: Insufficient data to determine how FFF performed against the Australian Food industry.

Return vs Market: Insufficient data to determine how FFF performed against the Australian Market.


Shareholder returns

FFFIndustryMarket
7 Day-8.8%1.7%2.2%
30 Day-27.9%4.2%3.2%
90 Day-40.4%10.5%4.6%
1 Yearn/a9.7%7.5%40.5%36.3%
3 Yearn/a-9.8%-16.9%34.3%18.2%
5 Yearn/a13.7%2.0%64.5%32.5%

Long-Term Price Volatility Vs. Market

How volatile is Forbidden Foods's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

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

2.46x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate FFF's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate FFF's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: FFF is unprofitable, so we can't compare its PE Ratio to the AU Food industry average.

PE vs Market: FFF 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 FFF's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: FFF is overvalued based on its PB Ratio (2.5x) compared to the AU Food industry average (1.4x).


Future Growth

How is Forbidden Foods forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

20.0%

Forecasted Food, Beverage & Tobacco 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 Forbidden Foods 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.


Past Performance

How has Forbidden Foods performed over the past 5 years?

-66.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FFF is currently unprofitable.

Growing Profit Margin: FFF is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: FFF is unprofitable, and losses have increased over the past 5 years at a rate of 66.2% per year.

Accelerating Growth: Unable to compare FFF's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: FFF is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (-19.6%).


Return on Equity

High ROE: FFF has a negative Return on Equity (-74.99%), as it is currently unprofitable.


Financial Health

How is Forbidden Foods's financial position?


Financial Position Analysis

Short Term Liabilities: FFF's short term assets (A$6.1M) exceed its short term liabilities (A$1.6M).

Long Term Liabilities: FFF's short term assets (A$6.1M) exceed its long term liabilities (A$426.8K).


Debt to Equity History and Analysis

Debt Level: FFF is debt free.

Reducing Debt: FFF 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: FFF has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: FFF has less than a year of cash runway if free cash flow continues to reduce at historical rates of 64.6% each year


Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate FFF's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate FFF'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 FFF's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if FFF'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 FFF'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?

AU$120k

CEO Compensation


CEO

Marcus Brown

no data

Tenure

AU$120,420

Compensation

Mr. Marcus Brown, B.Bus (International Trade)., is Co-founded Forbidden Foods Limited in 2010 and serves as its Chief Executive Officer and Managing Director. Mr. Marcus has experience has given him a deep...


CEO Compensation Analysis

Compensation vs Market: Marcus's total compensation ($USD91.80K) is below average for companies of similar size in the Australian market ($USD285.26K).

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


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: FFF only recently listed within the past 12 months.


Top Shareholders

Company Information

Forbidden Foods Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Forbidden Foods Limited
  • Ticker: FFF
  • Exchange: ASX
  • Founded: 2010
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: AU$12.000m
  • Shares outstanding: 75.00m
  • Website: https://www.forbiddenfoodsgroup.com

Location

  • Forbidden Foods Limited
  • 13/277-289 Middleborough Road
  • Box Hill South
  • Victoria
  • 3000
  • Australia

Listings


Biography

Forbidden Foods Limited supplies organic rice, conventional rice, rice flour, and rice food solutions in Australia and New Zealand. It offers black, organic, and conventional rice; and rice flour, flakes, ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/12 08:22
End of Day Share Price2021/04/12 00:00
Earnings2020/12/31
Annual Earnings2020/06/30


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.