First Graphene Limited engages in the research, development, mining, exploration, manufacture, and sale of graphene and graphene nanoplatelet products under the PureGRAPH brand name in Australia.
First Graphene Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.21|
|52 Week High||AU$0.13|
|52 Week Low||AU$0.33|
|1 Month Change||13.51%|
|3 Month Change||-10.64%|
|1 Year Change||44.83%|
|3 Year Change||44.83%|
|5 Year Change||112.12%|
|Change since IPO||31.25%|
Recent News & Updates
We're Keeping An Eye On First Graphene's (ASX:FGR) Cash Burn Rate
There's no doubt that money can be made by owning shares of unprofitable businesses. For example, biotech and mining...
|FGR||AU Chemicals||AU Market|
Return vs Industry: FGR exceeded the Australian Chemicals industry which returned 15.2% over the past year.
Return vs Market: FGR exceeded the Australian Market which returned 21.3% over the past year.
Stable Share Price: FGR is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: FGR's weekly volatility (10%) has been stable over the past year.
About the Company
First Graphene Limited engages in the research, development, mining, exploration, manufacture, and sale of graphene and graphene nanoplatelet products under the PureGRAPH brand name in Australia. The company also develops and sells VFD, TTF, and other 2D devices and materials. Its products are used in the composite, elastomer, fire retardancy, concrete, textile, and energy storage applications.
First Graphene Fundamentals Summary
|FGR fundamental statistics|
Is FGR overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|FGR income statement (TTM)|
|Cost of Revenue||AU$480.60k|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.011|
|Net Profit Margin||-1,842.06%|
How did FGR perform over the long term?See historical performance and comparison
Is First Graphene undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate FGR's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate FGR's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: FGR is unprofitable, so we can't compare its PE Ratio to the Australian Chemicals industry average.
PE vs Market: FGR 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 FGR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: FGR is overvalued based on its PB Ratio (12.8x) compared to the AU Chemicals industry average (3.9x).
How is First Graphene forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Materials 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 First Graphene 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 First Graphene performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FGR is currently unprofitable.
Growing Profit Margin: FGR is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: FGR is unprofitable, and losses have increased over the past 5 years at a rate of 5.8% per year.
Accelerating Growth: Unable to compare FGR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: FGR is unprofitable, making it difficult to compare its past year earnings growth to the Chemicals industry (-61.8%).
Return on Equity
High ROE: FGR has a negative Return on Equity (-68.14%), as it is currently unprofitable.
How is First Graphene's financial position?
Financial Position Analysis
Short Term Liabilities: FGR's short term assets (A$9.1M) exceed its short term liabilities (A$6.8M).
Long Term Liabilities: FGR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: FGR's debt to equity ratio (53.5%) is considered high.
Reducing Debt: FGR's debt to equity ratio has increased from 1.6% to 53.5% 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: FGR has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: FGR has less than a year of cash runway if free cash flow continues to reduce at historical rates of 12.9% each year
What is First Graphene current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate FGR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate FGR'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 FGR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if FGR'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 FGR'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
Mr. Michael Bell, also known as Mike, serves as the Managing Director of First Graphene Limited since July 2021 and also serves as its Director. He is Chief Executive Officer of First Graphene Limited sinc...
CEO Compensation Analysis
Compensation vs Market: Mike's total compensation ($USD404.30K) is above average for companies of similar size in the Australian market ($USD302.38K).
Compensation vs Earnings: Insufficient data to compare Mike's compensation with company performance.
Experienced Management: FGR's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Experienced Board: FGR's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: FGR insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4.6%.
First Graphene Limited's employee growth, exchange listings and data sources
- Name: First Graphene Limited
- Ticker: FGR
- Exchange: ASX
- Founded: NaN
- Industry: Specialty Chemicals
- Sector: Materials
- Market Cap: AU$115.525m
- Shares outstanding: 550.12m
- Website: https://www.firstgraphene.net
Number of Employees
- First Graphene Limited
- 1 Sepia Close
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/25 16:55|
|End of Day Share Price||2021/10/25 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.