RFA Stock Overview
Rare Foods Australia Limited owns and operates an abalone sea ranching business in Australia, Asia, Europe, and North America.
Rare Foods Australia Peers
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.061|
|52 Week High||AU$0.096|
|52 Week Low||AU$0.06|
|1 Month Change||1.67%|
|3 Month Change||-20.78%|
|1 Year Change||-22.79%|
|3 Year Change||-61.88%|
|5 Year Change||n/a|
|Change since IPO||-75.60%|
Recent News & Updates
Read This Before Buying Ocean Grown Abalone Limited (ASX:OGA) Shares
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. The...
|RFA||AU Food||AU Market|
Return vs Industry: RFA underperformed the Australian Food industry which returned -8.2% over the past year.
Return vs Market: RFA underperformed the Australian Market which returned 0.5% over the past year.
|RFA Average Weekly Movement||7.1%|
|Food Industry Average Movement||5.8%|
|Market Average Movement||9.4%|
|10% most volatile stocks in AU Market||16.5%|
|10% least volatile stocks in AU Market||4.3%|
Stable Share Price: RFA is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: RFA's weekly volatility (7%) has been stable over the past year.
About the Company
Rare Foods Australia Limited owns and operates an abalone sea ranching business in Australia, Asia, Europe, and North America. It develops its sea ranching for aquaculture. The company produces wild, ocean grown, and green lip abalones.
Rare Foods Australia Fundamentals Summary
|RFA fundamental statistics|
Is RFA overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|RFA income statement (TTM)|
|Cost of Revenue||AU$2.64m|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0094|
|Net Profit Margin||-49.74%|
How did RFA perform over the long term?See historical performance and comparison
How is Rare Foods Australia forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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 Rare Foods Australia 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.
How has Rare Foods Australia performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RFA is currently unprofitable.
Growing Profit Margin: RFA is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: RFA is unprofitable, and losses have increased over the past 5 years at a rate of 6.2% per year.
Accelerating Growth: Unable to compare RFA's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: RFA is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (5.1%).
Return on Equity
High ROE: RFA has a negative Return on Equity (-13.81%), as it is currently unprofitable.
How is Rare Foods Australia's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: RFA's short term assets (A$7.6M) exceed its short term liabilities (A$984.8K).
Long Term Liabilities: RFA's short term assets (A$7.6M) exceed its long term liabilities (A$1.6M).
Debt to Equity History and Analysis
Debt Level: RFA has more cash than its total debt.
Reducing Debt: RFA's debt to equity ratio has reduced from 124.7% to 0.5% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: RFA has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: RFA has less than a year of cash runway if free cash flow continues to grow at historical rates of 24.9% each year.
What is Rare Foods Australia current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate RFA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate RFA's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if RFA's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if RFA's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as RFA has not reported any payouts.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Robert Jorden, also known as Rob, serves as Chief Executive Officer at Rare Foods Australia Limited (formerly known as Ocean Grown Abalone Limited) since March 09, 2021. He has to initially focus on th...
CEO Compensation Analysis
Compensation vs Market: Rob's total compensation ($USD147.50K) is below average for companies of similar size in the Australian market ($USD284.65K).
Compensation vs Earnings: Insufficient data to compare Rob's compensation with company performance.
Experienced Management: RFA's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
Experienced Board: RFA's board of directors are considered experienced (6.9 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.
Rare Foods Australia Limited's employee growth, exchange listings and data sources
- Name: Rare Foods Australia Limited
- Ticker: RFA
- Exchange: ASX
- Founded: 2011
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Implied Market Cap: AU$12.045m
- Shares outstanding: 200.74m
- Website: https://rarefoodsaustralia.com.au
Number of Employees
- Rare Foods Australia Limited
- Lot 331 Augusta Boat Harbour
- Leeuwin Road
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/16 00:00|
|End of Day Share Price||2022/05/16 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.