How does FRI's PE Ratio compare to its peers?

FRI is good value based on its Price-To-Earnings Ratio (12.9x) compared to the peer average (13.1x).

How does FRI's PE Ratio compare vs other companies in the Global Real Estate Industry?

FRI is good value based on its Price-To-Earnings Ratio (12.9x) compared to the Global Real Estate industry average (14.8x).

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

Insufficient data to calculate FRI's Price-To-Earnings Fair Ratio for valuation analysis.

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

FRI (A$0.79) is trading below our estimate of [[fair value]] (A$1.05)

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.

FRI Stock Overview

Engages in the property development and investment in Australia. More details

FRI fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	0/6
Past Performance	3/6
Financial Health	3/6
Dividends	2/6

Rewards

Trading at 24.8% below our estimate of its fair value

Earnings grew by 429.6% over the past year

Risk Analysis

Earnings have declined by 9.3% per year over past 5 years

Dividend of 10.13% is not well covered by earnings or free cash flows

Debt is not well covered by operating cash flow

My Notes

Capture your thoughts, links and company narrative

Finbar Group Limited Competitors

Cedar Woods Properties

ASX:CWP

AU$451.3m

Peet

ASX:PPC

AU$664.9m

Lifestyle Communities

ASX:LIC

AU$994.1m

Tian An Australia

ASX:TIA

AU$16.9m

Price History & Performance

Summary of share price highs, lows and changes for Finbar Group
Historical stock prices
Current Share Price	AU$0.79
52 Week High	AU$0.99
52 Week Low	AU$0.68
Beta	0.57
1 Month Change	-5.39%
3 Month Change	1.28%
1 Year Change	12.86%
3 Year Change	-2.47%
5 Year Change	-7.60%
Change since IPO	-50.93%

Recent updates

Shareholder Returns

	FRI	AU Real Estate	AU Market
7D	-1.3%	-3.5%	-2.7%
1Y	12.9%	-10.4%	6.5%

Return vs Industry: FRI exceeded the Australian Real Estate industry which returned -10.4% over the past year.

Return vs Market: FRI exceeded the Australian Market which returned 6.5% over the past year.

Price Volatility

Is FRI's price volatile compared to industry and market?
FRI volatility
FRI Average Weekly Movement	3.9%
Real Estate Industry Average Movement	4.1%
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: FRI has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: FRI's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1984	n/a	Darren Pateman	www.finbar.com.au

Finbar Group Limited, together with its subsidiaries, engages in the property development and investment in Australia. The company operates through Residential Apartment Development, Commercial Office/Retail Development, and Rental of Property segments. It engages in the development of commercial properties and medium to high density residential buildings, as well as rents its properties.

Finbar Group Limited Fundamentals Summary

How do Finbar Group's earnings and revenue compare to its market cap?
FRI fundamental statistics
Market cap	AU$214.98m
Earnings (TTM)	AU$16.60m
Revenue (TTM)	AU$194.34m

12.9x

P/E Ratio

1.1x

P/S Ratio

Is FRI overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FRI income statement (TTM)
Revenue	AU$194.34m
Cost of Revenue	AU$161.27m
Gross Profit	AU$33.08m
Other Expenses	AU$16.48m
Earnings	AU$16.60m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.061
Gross Margin	17.02%
Net Profit Margin	8.54%
Debt/Equity Ratio	151.6%

How did FRI perform over the long term?

See historical performance and comparison

Dividends

10.1%

Current Dividend Yield

131%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 10:57
End of Day Share Price	2024/12/20 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

Finbar Group Limited is covered by 4 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
Gavin Allen	Euroz Hartleys Securities Limited
Martin Pretty	InvestorFirst Securities
James Ferrier	Wilsons Advisory and Stockbroking Ltd.

FRI Stock Overview

Rewards

Risk Analysis

Finbar Group Limited Competitors

ASX:CWP

AU$451.3m

ASX:PPC

AU$664.9m

ASX:LIC

AU$994.1m

ASX:TIA

AU$16.9m

Price History & Performance

Recent News & Updates

Finbar Group Limited Announces Change of Chief Financial Officer

Now 21% undervalued after recent price drop

Finbar Group Limited, Annual General Meeting, Oct 16, 2024

Now 20% undervalued

Upcoming dividend of AU$0.08 per share

Executive Chairman recently bought AU$96k worth of stock

Recent updates

Finbar Group Limited Announces Change of Chief Financial Officer

Now 21% undervalued after recent price drop

Finbar Group Limited, Annual General Meeting, Oct 16, 2024

Now 20% undervalued

Upcoming dividend of AU$0.08 per share

Executive Chairman recently bought AU$96k worth of stock

Full year 2024 earnings released: EPS: AU$0.061 (vs AU$0.012 in FY 2023)

Finbar Group Limited Announces Ordinary Fully Franked Dividend for the Twelve Months Ended June 30, 2024, Payable on October 10, 2024

Finbar Group Limited Provides Earnings Guidance for the Financial Year Ended 30 June 2024

Finbar Group Limited Ordinary Shares to Be Deleted from OTC Equity

Finbar Group Limited, Annual General Meeting, Oct 18, 2023

Full year 2023 earnings released: EPS: AU$0.012 (vs AU$0.04 in FY 2022)

Finbar Group Limited Provides Earnings Guidance for the Full Year Ending on June 30, 2023

Non-Executive Director recently bought AU$52k worth of stock

First half 2023 earnings released: AU$0.001 loss per share (vs AU$0.035 profit in 1H 2022)

Finbar Group Limited Announces Board Changes

Less than half of directors are independent

Less than half of directors are independent

Finbar Group Limited, Annual General Meeting, Oct 19, 2022

Insider recently bought AU$6.7m worth of stock

Full year 2022 earnings released: EPS: AU$0.04 (vs AU$0.033 in FY 2021)

Upcoming dividend of AU$0.02 per share

Less than half of directors are independent

Finbar Group Limited to Report Fiscal Year 2022 Results on Aug 24, 2022

Less than half of directors are independent

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

Finbar Group Limited Declares an Interim Ordinary Dividend for the Six Months Ended 31 December 2021, Payable on 18 March 2022

Executive Chairman recently bought AU$63k worth of stock

Full year 2021 earnings released: EPS AU$0.033 (vs AU$0.024 in FY 2020)

Finbar Group Limited Adds Dianella Project to Completed Apartment Stock

Upcoming dividend of AU$0.02 per share

Finbar Group Limited Provides Earnings Guidance for the Financial Year Ended June 30, 2021

New 90-day high: AU$0.95

First half 2021 earnings released: EPS AU$0.015 (vs AU$0.024 in 1H 2020)

New 90-day high: AU$0.93

New 90-day high: AU$0.84

Finbar Group Limited to Commence Earthworks on Civic Heart Project

New 90-day high: AU$0.70

Ventrade Australia Pty Ltd Enters into Joint Venture with Finbar Group Limited to Acquire and Develop Development Land Site Located in the Perth City Precinct

New 90-day low - AU$0.61

Full year earnings released - EPS AU$0.024

Finbar Group Limited (ASX:FRI) acquired remaining 50% stake in 36 Chester Avenue Pty Ltd.

Finbar Group Limited to Report Fiscal Year 2020 Results on Aug 26, 2020

Shareholder Returns

Price Volatility

About the Company

Finbar Group Limited Fundamentals Summary

12.9x

1.1x

Earnings & Revenue

Dividends

10.1%

131%

Company Analysis and Financial Data Status

Data Sources

Analysis Model and Snowflake

Industry and Sector Metrics

Analyst Sources