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FIJ

Fiji KavaASX:FIJ Stock Report

Market Cap

AU$14.3m

7D

9.2%

1Y

-61.2%

Updated

20 Oct, 2021

Data

Company Financials
FIJ fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

FIJ Overview

Fiji Kava Limited operates as a medicinal kava company in Australia, Fiji, New Zealand, and the United States.

Price History & Performance

Summary of all time highs, changes and price drops for Fiji Kava
Historical stock prices
Current Share PriceAU$0.095
52 Week HighAU$0.082
52 Week LowAU$0.28
Beta2.16
1 Month Change1.06%
3 Month Change-17.39%
1 Year Change-61.22%
3 Year Changen/a
5 Year Changen/a
Change since IPO-20.83%

Recent News & Updates

Mar 15
Did Fiji Kava Limited (ASX:FIJ) Insiders Buy Up More Shares?

Did Fiji Kava Limited (ASX:FIJ) Insiders Buy Up More Shares?

It is not uncommon to see companies perform well in the years after insiders buy shares. Unfortunately, there are also...

Shareholder Returns

FIJAU Personal ProductsAU Market
7D9.2%1.0%1.7%
1Y-61.2%18.7%20.2%

Return vs Industry: FIJ underperformed the Australian Personal Products industry which returned 18.7% over the past year.

Return vs Market: FIJ underperformed the Australian Market which returned 20.2% over the past year.

Price Volatility

Is FIJ's price volatile compared to industry and market?
FIJ volatility
FIJ Beta2.16
Industry Beta0.70
Market Beta1

Stable Share Price: FIJ is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: FIJ's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2014n/aAnthony Noblehttps://www.fijikava.com

Fiji Kava Limited operates as a medicinal kava company in Australia, Fiji, New Zealand, and the United States. It produces and sells noble kava extract capsules, instant powder mixes, and shots under the Fiji Kava and Taki Mai brand names. The company also sells its products through fijikava.com e-commerce platform.

Fiji Kava Fundamentals Summary

How do Fiji Kava's earnings and revenue compare to its market cap?
FIJ fundamental statistics
Market CapAU$14.33m
Earnings (TTM)-AU$3.39m
Revenue (TTM)AU$1.17m

12.4x

P/S Ratio

-4.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
FIJ income statement (TTM)
RevenueAU$1.17m
Cost of RevenueAU$755.73k
Gross ProfitAU$412.83k
ExpensesAU$3.80m
Earnings-AU$3.39m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.022
Gross Margin35.33%
Net Profit Margin-290.14%
Debt/Equity Ratio4.3%

How did FIJ perform over the long term?

See historical performance and comparison

Valuation

Is Fiji Kava undervalued compared to its fair value and its price relative to the market?

4.98x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: FIJ is unprofitable, so we can't compare its PE Ratio to the Global Personal Products industry average.

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


Price to Book Ratio

PB vs Industry: FIJ is overvalued based on its PB Ratio (5x) compared to the AU Personal Products industry average (2.9x).


Future Growth

How is Fiji Kava forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.0%

Forecasted Household 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 Fiji Kava 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 Fiji Kava performed over the past 5 years?

-27.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FIJ is currently unprofitable.

Growing Profit Margin: FIJ is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: FIJ is unprofitable, and losses have increased over the past 5 years at a rate of 27.1% per year.

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

Earnings vs Industry: FIJ is unprofitable, making it difficult to compare its past year earnings growth to the Personal Products industry (23%).


Return on Equity

High ROE: FIJ has a negative Return on Equity (-116.53%), as it is currently unprofitable.


Financial Health

How is Fiji Kava's financial position?


Financial Position Analysis

Short Term Liabilities: FIJ's short term assets (A$2.6M) exceed its short term liabilities (A$644.6K).

Long Term Liabilities: FIJ's short term assets (A$2.6M) exceed its long term liabilities (A$50.1K).


Debt to Equity History and Analysis

Debt Level: FIJ's debt to equity ratio (4.3%) is considered satisfactory.

Reducing Debt: FIJ's debt to equity ratio has increased from 1.3% to 4.3% 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: FIJ has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: FIJ is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.


Dividend

What is Fiji Kava current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

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

2.1yrs

Average board tenure


CEO

Anthony Noble

0.42

Tenure

AU$20,606

Compensation

Dr. Anthony Noble serves as Chief Executive Officer at Fiji Kava Limited since May 31, 2021. He serves as Director of Special Projects at Soho Flordis International Pty Limited. Dr. Noble has been Doctor o...


CEO Compensation Analysis

Compensation vs Market: Anthony's total compensation ($USD15.41K) is below average for companies of similar size in the Australian market ($USD302.06K).

Compensation vs Earnings: Insufficient data to compare Anthony's compensation with company performance.


Board Members

Experienced Board: FIJ's board of directors are not considered experienced ( 2.1 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 been diluted in the past year, with total shares outstanding growing by 18.7%.


Top Shareholders

Company Information

Fiji Kava Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Fiji Kava Limited
  • Ticker: FIJ
  • Exchange: ASX
  • Founded: 2014
  • Industry: Personal Products
  • Sector: Household
  • Market Cap: AU$14.326m
  • Shares outstanding: 152.40m
  • Website: https://www.fijikava.com

Location

  • Fiji Kava Limited
  • 96 Victoria Street
  • West End
  • Queensland
  • 4014
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/20 07:03
End of Day Share Price2021/10/20 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.