Snowflake Score | |
---|---|
Valuation | 1/6 |
Future Growth | 0/6 |
Past Performance | 0/6 |
Financial Health | 5/6 |
Dividends | 0/6 |
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 |
Beta | 0.55 |
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...
Shareholder Returns
RFA | AU Food | AU Market | |
---|---|---|---|
7D | 0% | -0.2% | -2.1% |
1Y | -22.8% | -8.2% | 0.5% |
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.
Price Volatility
RFA volatility | |
---|---|
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
Founded | Employees | CEO | Website |
---|---|---|---|
2011 | n/a | Rob Jorden | https://rarefoodsaustralia.com.au |
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 | |
---|---|
Market Cap | AU$12.04m |
Earnings (TTM) | -AU$1.89m |
Revenue (TTM) | AU$3.81m |
3.2x
P/S Ratio-6.5x
P/E RatioIs RFA overvalued?
See Fair Value and valuation analysisEarnings & Revenue
RFA income statement (TTM) | |
---|---|
Revenue | AU$3.81m |
Cost of Revenue | AU$2.64m |
Gross Profit | AU$1.17m |
Other Expenses | AU$3.06m |
Earnings | -AU$1.89m |
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
n/a
Earnings per share (EPS) | -0.0094 |
Gross Margin | 30.65% |
Net Profit Margin | -49.74% |
Debt/Equity Ratio | 0.5% |
How did RFA perform over the long term?
See historical performance and comparisonFuture Growth
How is Rare Foods Australia forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
10.2%
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.
Past Performance
How has Rare Foods Australia performed over the past 5 years?
Past Performance Score
0/6Past Performance Score 0/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-6.2%
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.
Financial Health
How is Rare Foods Australia's financial position?
Financial Health Score
5/6Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
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.
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: 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.
Dividend
What is Rare Foods Australia current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
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.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.2yrs
Average management tenure
CEO
Rob Jorden
1.17yrs
Tenure
AU$213,178
Compensation
Mr. Robert Jorden, also known as Rob, serves as Chief Executive Officer at Rare Foods Australia Limited (formerly known as Ocean Grown Abalone Limited) since March 09, 2021. He has to initially focus on th...
CEO Compensation Analysis
Compensation vs Market: Rob's total compensation ($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.
Leadership Team
Experienced Management: RFA's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
Board Members
Experienced Board: RFA's board of directors are considered experienced (6.9 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
Rare Foods Australia Limited's employee growth, exchange listings and data sources
Key Information
- 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
Location
- Rare Foods Australia Limited
- Lot 331 Augusta Boat Harbour
- Leeuwin Road
- Augusta
- Western Australia
- 6290
- Australia
Listings
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 |
Earnings | 2021/12/31 |
Annual Earnings | 2021/06/30 |
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.