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FFF

Forbidden FoodsASX:FFF Stock Report

Last Price

AU$0.20

Market Cap

AU$20.7m

7D

0%

1Y

-14.9%

Updated

23 Jan, 2022

Data

Company Financials
FFF fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

FFF Stock Overview

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

Forbidden Foods Competitors

Ricegrowers

ASX:SGLLV

AU$420.8m

Nestlé

SWX:NESN

CHF332.9b

Kraft Heinz

NasdaqGS:KHC

US$45.3b

General Mills

NYSE:GIS

US$41.6b

Price History & Performance

Summary of all time highs, changes and price drops for Forbidden Foods
Historical stock prices
Current Share PriceAU$0.20
52 Week HighAU$0.30
52 Week LowAU$0.14
Beta0
1 Month Change-4.76%
3 Month Change-16.67%
1 Year Change-14.89%
3 Year Changen/a
5 Year Changen/a
Change since IPO-45.21%

Recent News & Updates

Shareholder Returns

FFFAU FoodAU Market
7D0%-1.6%-2.8%
1Y-14.9%-2.6%5.8%

Return vs Industry: FFF underperformed the Australian Food industry which returned -2.6% over the past year.

Return vs Market: FFF underperformed the Australian Market which returned 5.8% over the past year.

Price Volatility

Is FFF's price volatile compared to industry and market?
FFF volatility
FFF Average Weekly Movement9.4%
Food Industry Average Movement6.3%
Market Average Movement8.6%
10% most volatile stocks in AU Market15.4%
10% least volatile stocks in AU Market3.7%

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.

About the Company

FoundedEmployeesCEOWebsite
2010n/aMarcus Brownhttps://www.forbiddenfoodsgroup.com

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, and syrups under the Forbidden brand; and range of flours, powders, grains, and blends for plant-based food home-cooks and food manufactures under the Sensory Mill brand. The company also provides its products under the FUNCH brand name.

Forbidden Foods Fundamentals Summary

How do Forbidden Foods's earnings and revenue compare to its market cap?
FFF fundamental statistics
Market CapAU$20.68m
Earnings (TTM)-AU$3.46m
Revenue (TTM)AU$4.21m

4.9x

P/S Ratio

-6.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
FFF income statement (TTM)
RevenueAU$4.21m
Cost of RevenueAU$2.84m
Gross ProfitAU$1.37m
ExpensesAU$4.83m
Earnings-AU$3.46m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.033
Gross Margin32.57%
Net Profit Margin-82.16%
Debt/Equity Ratio0%

How did FFF perform over the long term?

See historical performance and comparison

Valuation

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

6.77x

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 Australian 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 (6.8x) compared to the AU Food industry average (1.5x).


Future Growth

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

11.3%

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?

-51.7%

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 51.7% 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 (106.9%).


Return on Equity

High ROE: FFF has a negative Return on Equity (-113.04%), 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$3.7M) exceed its short term liabilities (A$962.5K).

Long Term Liabilities: FFF's short term assets (A$3.7M) exceed its long term liabilities (A$327.9K).


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 less than a year of cash runway 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 57.1% 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$228k

CEO Compensation


CEO

Marcus Brown

no data

Tenure

AU$227,682

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 ($USD164.05K) is below average for companies of similar size in the Australian market ($USD291.61K).

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: FFF 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 37.9%.


Top Shareholders

Company Information

Forbidden Foods Limited's 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
  • Implied Market Cap: AU$20.681m
  • Shares outstanding: 103.40m
  • Website: https://www.forbiddenfoodsgroup.com

Location

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

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/23 07:02
End of Day Share Price2022/01/21 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.