How does FGR's PS Ratio compare to its peers?

FGR is expensive based on its Price-To-Sales Ratio (36.8x) compared to the peer average (10.8x).

How does FGR's PS Ratio compare vs other companies in the AU Chemicals Industry?

FGR is expensive based on its Price-To-Sales Ratio (36.8x) compared to the Australian Chemicals industry average (4.8x).

What is FGR's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate FGR's Price-To-Sales Fair Ratio for valuation analysis.

What is the Fair Price of FGR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Insufficient data to calculate FGR's fair value for valuation analysis.

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

FGR Stock Overview

Engages in the research and development, mining, exploration, manufacture, and sale of graphene products in Australia and the United Kingdom. More details

FGR fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Risk Analysis

Makes less than USD$1m in revenue (A$492K)

Has less than 1 year of cash runway

Volatile share price over the past 3 months compared to the Australian market

Shareholders have been diluted in the past year

+ 1 more risk

My Notes

Capture your thoughts, links and company narrative

First Graphene Limited Competitors

Sparc Technologies

ASX:SPN

AU$15.3m

Advance ZincTek

ASX:ANO

AU$47.8m

Hazer Group

ASX:HZR

AU$87.5m

Clover

ASX:CLV

AU$70.1m

Price History & Performance

Summary of share price highs, lows and changes for First Graphene
Historical stock prices
Current Share Price	AU$0.028
52 Week High	AU$0.075
52 Week Low	AU$0.026
Beta	1.46
1 Month Change	-12.50%
3 Month Change	-39.13%
1 Year Change	-58.82%
3 Year Change	-86.34%
5 Year Change	-78.46%
Change since IPO	-47.17%

Recent updates

Shareholder Returns

	FGR	AU Chemicals	AU Market
7D	-3.4%	-5.2%	-2.7%
1Y	-58.8%	-3.8%	6.5%

Return vs Industry: FGR underperformed the Australian Chemicals industry which returned -3.8% over the past year.

Return vs Market: FGR underperformed the Australian Market which returned 6.5% over the past year.

Price Volatility

Is FGR's price volatile compared to industry and market?
FGR volatility
FGR Average Weekly Movement	12.7%
Chemicals Industry Average Movement	11.0%
Market Average Movement	8.0%
10% most volatile stocks in AU Market	16.8%
10% least volatile stocks in AU Market	3.1%

Stable Share Price: FGR's share price has been volatile over the past 3 months compared to the Australian market.

Volatility Over Time: FGR's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

Founded	Employees	CEO	Website
n/a	n/a	Mike Bell	www.firstgraphene.net

First Graphene Limited engages in the research and development, mining, exploration, manufacture, and sale of graphene products in Australia and the United Kingdom. It operates through Graphene Production, Research and Development, and Mining Asset Maintenance segments. The company offers MB-LDPE graphene enhanced masterbatch, MB-EVA graphene enhanced masterbatch, MB-EVA bitumen graphene enhanced masterbatch, aqua pre-dispersed graphene additives, and nanoplatelet additives under the PureGRAPH brand.

First Graphene Limited Fundamentals Summary

How do First Graphene's earnings and revenue compare to its market cap?
FGR fundamental statistics
Market cap	AU$18.08m
Earnings (TTM)	-AU$6.33m
Revenue (TTM)	AU$492.00k

36.8x

P/S Ratio

-2.9x

P/E Ratio

Is FGR overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FGR income statement (TTM)
Revenue	AU$492.00k
Cost of Revenue	AU$465.81k
Gross Profit	AU$26.19k
Other Expenses	AU$6.35m
Earnings	-AU$6.33m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.0094
Gross Margin	5.32%
Net Profit Margin	-1,286.22%
Debt/Equity Ratio	55.8%

How did FGR perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/21 10:34
End of Day Share Price	2024/12/19 00:00
Earnings	2024/06/30
Annual Earnings	2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

First Graphene Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution

FGR Stock Overview

Risk Analysis

First Graphene Limited Competitors

ASX:SPN

AU$15.3m

ASX:ANO

AU$47.8m

ASX:HZR

AU$87.5m

ASX:CLV

AU$70.1m

Price History & Performance

Recent News & Updates

First Graphene Limited, Annual General Meeting, Nov 08, 2024

Full year 2024 earnings released: AU$0.01 loss per share (vs AU$0.009 loss in FY 2023)

Full year 2024 earnings released: AU$0.009 loss per share (vs AU$0.009 loss in FY 2023)

First Graphene Limited has filed a Follow-on Equity Offering in the amount of AUD 5 million.

First Graphene Limited has filed a Follow-on Equity Offering in the amount of AUD 5 million.

New minor risk - Share price stability

Recent updates

First Graphene Limited, Annual General Meeting, Nov 08, 2024

Full year 2024 earnings released: AU$0.01 loss per share (vs AU$0.009 loss in FY 2023)

Full year 2024 earnings released: AU$0.009 loss per share (vs AU$0.009 loss in FY 2023)

First Graphene Limited has filed a Follow-on Equity Offering in the amount of AUD 5 million.

First Graphene Limited has filed a Follow-on Equity Offering in the amount of AUD 5 million.

New minor risk - Share price stability

Full year 2023 earnings released: AU$0.009 loss per share (vs AU$0.009 loss in FY 2022)

First Graphene Limited, Annual General Meeting, Nov 20, 2023

Full year 2023 earnings released: AU$0.01 loss per share (vs AU$0.009 loss in FY 2022)

New minor risk - Financial data availability

First half 2023 earnings released: AU$0.006 loss per share (vs AU$0.005 loss in 1H 2022)

First Graphene Limited's Paper Confirms PureGRAPH Benefits in Wastewater Concrete

No independent directors

First Graphene Limited Announces Cement and Concrete CO2 Solutions Gain Traction

First Graphene Limited Announces Cement and Concrete CO2 Solutions Gain Traction

Full year 2022 earnings released: AU$0.009 loss per share (vs AU$0.012 loss in FY 2021)

First Graphene Limited, Annual General Meeting, Oct 17, 2022

First Graphene Limited has completed a Follow-on Equity Offering in the amount of AUD 3 million.

No independent directors

First half 2022 earnings: Revenues and EPS in line with analyst expectations

First Graphene Limited Secures an Additional Patent Within its Existing Hydrodynamic Cavitation Patent Family

First Graphene Limited Launches New Masterbatch PureGRAPH MB-EVA

Full year 2021 earnings released: AU$0.012 loss per share (vs AU$0.011 loss in FY 2020)

First Graphene Limited Launches PureGRAPH LDPE

First Graphene Limited Announces the Publication of A Scientific Paper Written by Researchers At the University of Adelaide

First Graphene Limited announced that it expects to receive AUD 5.3 million in funding from Specialty Materials Investments LLC

First Graphene Limited Announces the Release of its New PureGRAPH® AQUA Range of Graphene Additives

First Graphene Limited Enters Memorandum of Understanding with Gerdau S.A

First Graphene Limited Provides Results from Field Testing of PureGRAPH

First Graphene Limited Extends Commercial Relationship with planarTECH Holdings Limited

First half 2021 earnings released: AU$0.004 loss per share (vs AU$0.006 loss in 1H 2020)

First Graphene Limited Announces Resignation of Peter Youd as Director

Mike Bell, Recently Appoints Chief Executive Officer of First Graphene Limited Now Commences in Full-Time Capacity

New 90-day high: AU$0.27

First Graphene Limited Announces Executive Changes

New 90-day high: AU$0.20

Craig Mcguckin Announces Intention to Retire as Managing Director of First Graphene Limited

First Graphene Limited Announces Test Work with Ascent Shipwrights Confirms That PureGRAPH Significantly Improves FRP Boats

Full year earnings released - AU$0.011 loss per share

First Graphene Limited(ASX:FGR) dropped from S&P/ASX Emerging Companies Index

Shareholder Returns

Price Volatility

About the Company

First Graphene Limited Fundamentals Summary

36.8x

-2.9x

Earnings & Revenue

Company Analysis and Financial Data Status

Data Sources

Analysis Model and Snowflake

Industry and Sector Metrics

Analyst Sources