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FNP

Freedom Foods GroupASX:FNP Stock Report

Market Cap

AU$134.4m

7D

-1.0%

1Y

n/a

Updated

22 Oct, 2021

Data

Company Financials
FNP fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health1/6
Dividends0/6

FNP Overview

Freedom Foods Group Limited engages in sourcing, manufacture, selling, marketing, and distribution of plant-based beverages, and dairy and nutritional ingredient products to wholesale and consumer markets.

Freedom Foods Group Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Freedom Foods Group
Historical stock prices
Current Share PriceAU$0.48
52 Week HighAU$0.18
52 Week LowAU$0.78
Beta-0.083
1 Month Change3.19%
3 Month Change34.72%
1 Year Changen/a
3 Year Change-90.67%
5 Year Change-90.16%
Change since IPO7.78%

Recent News & Updates

Shareholder Returns

FNPAU FoodAU Market
7D-1.0%-1.3%0.7%
1Yn/a1.4%21.4%

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

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

Price Volatility

Is FNP's price volatile compared to industry and market?
FNP volatility
FNP Beta-0.083
Industry Beta0.55
Market Beta1

Stable Share Price: FNP is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: FNP's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1984560Michael Perichhttps://ffgl.com.au

Freedom Foods Group Limited engages in sourcing, manufacture, selling, marketing, and distribution of plant-based beverages, and dairy and nutritional ingredient products to wholesale and consumer markets. It operates through Dairy and Nutritional, Plant Based Beverages, and Specialty Seafood segments. The company offers dairy milk beverage and nutritional ingredient products; UHT food and beverage products, such as liquid stocks, soy, rice, and almond beverages; performance and adult nutritional products; and canned seafood products that include sardines, salmon, and specialty seafood.

Freedom Foods Group Fundamentals Summary

How do Freedom Foods Group's earnings and revenue compare to its market cap?
FNP fundamental statistics
Market CapAU$134.40m
Earnings (TTM)-AU$38.77m
Revenue (TTM)AU$559.07m

0.2x

P/S Ratio

-3.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
FNP income statement (TTM)
RevenueAU$559.07m
Cost of RevenueAU$461.76m
Gross ProfitAU$97.31m
ExpensesAU$136.08m
Earnings-AU$38.77m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.14
Gross Margin17.40%
Net Profit Margin-6.94%
Debt/Equity Ratio17,688.5%

How did FNP perform over the long term?

See historical performance and comparison

Valuation

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

90.99x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: FNP is overvalued based on its PB Ratio (91x) compared to the AU Food industry average (1.6x).


Future Growth

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

18.6%

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 Freedom Foods Group 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 Freedom Foods Group performed over the past 5 years?

-59.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FNP is currently unprofitable.

Growing Profit Margin: FNP is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: FNP is unprofitable, and losses have increased over the past 5 years at a rate of 59.5% per year.

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

Earnings vs Industry: FNP is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (45.2%).


Return on Equity

High ROE: FNP has a negative Return on Equity (-2597.12%), as it is currently unprofitable.


Financial Health

How is Freedom Foods Group's financial position?


Financial Position Analysis

Short Term Liabilities: FNP's short term assets (A$140.3M) exceed its short term liabilities (A$100.2M).

Long Term Liabilities: FNP's short term assets (A$140.3M) do not cover its long term liabilities (A$437.0M).


Debt to Equity History and Analysis

Debt Level: FNP's debt to equity ratio (17688.5%) is considered high.

Reducing Debt: FNP's debt to equity ratio has increased from 23.5% to 17688.5% over the past 5 years.


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: FNP has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: FNP has less than a year of cash runway if free cash flow continues to reduce at historical rates of 9.7% each year


Dividend

What is Freedom Foods Group current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if FNP's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: FNP is not paying a notable dividend for the Australian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of FNP'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?

0.5yrs

Average management tenure


CEO

Michael Perich (46 yo)

1.17yrs

Tenure

AU$916,504

Compensation

Mr. Michael R. Perich, B AppSci (SysAg), GAICD, serves as Non-Executive Director of Australian Fresh Milk Holdings Pty Limited, Milk Holdings Pty Limited, Fresh Dairy One Pty Limited and Australian Fresh M...


CEO Compensation Analysis

Compensation vs Market: Michael's total compensation ($USD686.37K) is above average for companies of similar size in the Australian market ($USD303.33K).

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


Leadership Team

Experienced Management: FNP's management team is not considered experienced ( 0.5 years average tenure), which suggests a new team.


Board Members

Experienced Board: FNP's board of directors are not considered experienced ( 0.8 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Freedom Foods Group Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Freedom Foods Group Limited
  • Ticker: FNP
  • Exchange: ASX
  • Founded: 1984
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: AU$134.398m
  • Shares outstanding: 277.11m
  • Website: https://ffgl.com.au

Number of Employees


Location

  • Freedom Foods Group Limited
  • 80 Box Road
  • Taren Point
  • New South Wales
  • 2229
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/22 15:35
End of Day Share Price2021/10/22 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.