Freedom Foods Group Limited engages in sourcing, manufacturing, selling, marketing, and distribution of plant-based beverages, and dairy and nutritional ingredient products in Australia, New Zealand, China, South East Asia, and North America. More Details
Adequate balance sheet with reasonable growth potential.
Share Price & News
How has Freedom Foods Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FNP has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: FNP underperformed the Australian Food industry which returned -9.6% over the past year.
Return vs Market: FNP underperformed the Australian Market which returned -11.6% over the past year.
Price Volatility Vs. Market
How volatile is Freedom Foods Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 months ago | Simply Wall StOur Take On The Returns On Capital At Freedom Foods Group (ASX:FNP)
4 months ago | Simply Wall StWe Think Freedom Foods Group (ASX:FNP) Is Taking Some Risk With Its Debt
4 months ago | Simply Wall StIs Freedom Foods Group Limited's (ASX:FNP) Recent Price Movement Underpinned By Its Weak Fundamentals?
Is Freedom Foods Group undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: FNP (A$3.01) is trading above our estimate of fair value (A$1.02)
Significantly Below Fair Value: FNP is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: FNP is poor value based on its PE Ratio (63.8x) compared to the AU Food industry average (24.8x).
PE vs Market: FNP is poor value based on its PE Ratio (63.8x) compared to the Australian market (20.1x).
Price to Earnings Growth Ratio
PEG Ratio: FNP is good value based on its PEG Ratio (0.7x)
Price to Book Ratio
PB vs Industry: FNP's PB Ratio (1.2x) is in line with the AU Food industry average.
How is Freedom Foods Group forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FNP's forecast earnings growth (93.7% per year) is above the savings rate (2.3%).
Earnings vs Market: FNP's earnings (93.7% per year) are forecast to grow faster than the Australian market (18.5% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: FNP's revenue (13.8% per year) is forecast to grow faster than the Australian market (4.3% per year).
High Growth Revenue: FNP's revenue (13.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FNP's Return on Equity is forecast to be low in 3 years time (6.4%).
How has Freedom Foods Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FNP has a high level of non-cash earnings.
Growing Profit Margin: FNP's current net profit margins (2.2%) are lower than last year (3.4%).
Past Earnings Growth Analysis
Earnings Trend: FNP's earnings have declined by 40.2% per year over the past 5 years.
Accelerating Growth: FNP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: FNP had negative earnings growth (-8.8%) over the past year, making it difficult to compare to the Food industry average (-9.4%).
Return on Equity
High ROE: FNP's Return on Equity (1.8%) is considered low.
How is Freedom Foods Group's financial position?
Financial Position Analysis
Short Term Liabilities: FNP's short term assets (A$233.9M) exceed its short term liabilities (A$171.0M).
Long Term Liabilities: FNP's short term assets (A$233.9M) do not cover its long term liabilities (A$292.7M).
Debt to Equity History and Analysis
Debt Level: FNP's debt to equity ratio (18.9%) is considered satisfactory.
Reducing Debt: FNP's debt to equity ratio has increased from 7.8% to 18.9% over the past 5 years.
Debt Coverage: FNP's debt is well covered by operating cash flow (30.1%).
Interest Coverage: FNP's interest payments on its debt are well covered by EBIT (4.2x coverage).
What is Freedom Foods Group current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Michael Perich (45 yo)
Mr. Michael R. Perich, B AppSci (SysAg), serves as Non-Executive Director of Australian Fresh Milk Holdings Pty Limited, Milk Holdings Pty Limited, Fresh Dairy One Pty Limited and Australian Fresh Milk Pty ...
|Interim Chief Executive Officer||0.083yr||AU$35.00k||no data|
|Chief Executive Officer of Commercial Operations - Australasia||no data||AU$1.64m||0.45% |
|Strategic Development Director||no data||AU$535.16k||0.063% |
|Acting CFO & General Manager of Corporate Development||0.25yr||no data||no data|
|Group General Counsel & Head of Regulatory Compliance||2.75yrs||no data||no data|
|Interim Company Secretary||0.17yr||no data||no data|
Experienced Management: FNP's management team is not considered experienced ( 0.2 years average tenure), which suggests a new team.
|Non-Executive Chairman||14.17yrs||AU$147.50k||0.46% |
|Non-Executive Director||15.42yrs||AU$127.50k||no data|
|Deputy Chairman||no data||AU$137.50k||no data|
|Non-Executive Director||7.17yrs||AU$127.50k||0.050% |
|Independent Non-Executive Director||0.33yr||no data||no data|
|Independent Non-Executive Director||0.50yr||no data||0.0085% |
|Alternate Non-Executive Director||0.75yr||no data||0.020% |
Experienced Board: FNP's board of directors are considered experienced (4 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Freedom Foods Group Limited's company bio, employee growth, exchange listings and data sources
- Name: Freedom Foods Group Limited
- Ticker: FNP
- Exchange: ASX
- Founded: 1986
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: AU$834.099m
- Shares outstanding: 277.11m
- Website: https://ffgl.com.au
Number of Employees
- Freedom Foods Group Limited
- 80 Box Road
- Taren Point
- New South Wales
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|FNP||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Jan 1992|
|FNP||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Jan 1992|
|FRDZ.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Jan 1992|
Freedom Foods Group Limited engages in sourcing, manufacturing, selling, marketing, and distribution of plant-based beverages, and dairy and nutritional ingredient products in Australia, New Zealand, China ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/21 19:21|
|End of Day Share Price||2020/06/24 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.