ASX:FNP

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Executive Summary

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


Snowflake Analysis

Adequate balance sheet with reasonable growth potential.


Similar Companies

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.


Market Performance


7 Day Return

0%

FNP

0.08%

AU Food

0.5%

AU Market


1 Year Return

-47.0%

FNP

-2.3%

AU Food

-5.6%

AU Market

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.


Shareholder returns

FNPIndustryMarket
7 Day0%0.08%0.5%
30 Day0%5.5%5.0%
90 Day-14.5%5.2%2.9%
1 Year-46.7%-47.0%0.3%-2.3%-2.3%-5.6%
3 Year-24.0%-26.2%-11.7%-18.4%12.4%-1.2%
5 Year9.5%3.8%18.0%3.6%41.5%12.9%

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

Valuation

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

63.81x

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.


Next Steps

Future Growth

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

93.7%

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%).


Next Steps

  • Explore growth companies in the Food, Beverage & Tobacco industry.

Past Performance

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

-40.2%

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.


Next Steps

Financial Health

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).


Balance Sheet


Next Steps

Dividend

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

1.92%

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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.2yrs

Average management tenure


CEO

Michael Perich (45 yo)

0.083

Tenure

AU$34,999

Compensation

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 ...


Leadership Team

NamePositionTenureCompensationOwnership
Michael Perich
Interim Chief Executive Officer0.083yrAU$35.00kno data
Amine Haddad
Chief Executive Officer of Commercial Operations - Australasiano dataAU$1.64m0.45%
A$ 3.7m
Timothy Moses
Strategic Development Directorno dataAU$535.16k0.063%
A$ 524.7k
Stephanie Graham
Acting CFO & General Manager of Corporate Development0.25yrno datano data
Amber Stanley
Group General Counsel & Head of Regulatory Compliance2.75yrsno datano data
Scott Standen
Interim Company Secretary0.17yrno datano data

0.2yrs

Average Tenure

Experienced Management: FNP's management team is not considered experienced ( 0.2 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Perry Gunner
Non-Executive Chairman14.17yrsAU$147.50k0.46%
A$ 3.9m
Ronald Perich
Non-Executive Director15.42yrsAU$127.50kno data
Anthony Perich
Deputy Chairmanno dataAU$137.50kno data
Trevor Allen
Non-Executive Director7.17yrsAU$127.50k0.050%
A$ 421.1k
Jane McKellar
Independent Non-Executive Director0.33yrno datano data
Genevieve Gregor
Independent Non-Executive Director0.50yrno data0.0085%
A$ 70.7k
Timothy Bryan
Alternate Non-Executive Director0.75yrno data0.020%
A$ 162.9k

4.0yrs

Average Tenure

75yo

Average Age

Experienced Board: FNP's board of directors are considered experienced (4 years average tenure).


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 company bio, employee growth, exchange listings and data sources


Key Information

  • 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


Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FNPASX (Australian Securities Exchange)YesOrdinary SharesAUAUDJan 1992
FNPCHIA (Chi-X Australia)YesOrdinary SharesAUAUDJan 1992
FRDZ.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJan 1992

Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/21 19:21
End of Day Share Price2020/06/24 00:00
Earnings2019/12/31
Annual Earnings2019/06/30


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.