Finbar Group
Market Cap
AU$234.0m
Last Updated
2021/07/30 16:30 UTC
Data Sources
Company Financials
Executive Summary
Finbar Group Limited, through its subsidiaries, develops and invests in properties in Australia. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet and slightly overvalued.
Share Price & News
How has Finbar Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FRI is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: FRI's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
-5.0%
FRI
1.0%
AU Real Estate
0.4%
AU Market
1 Year Return
26.9%
FRI
19.9%
AU Real Estate
28.3%
AU Market
Return vs Industry: FRI exceeded the Australian Real Estate industry which returned 19.9% over the past year.
Return vs Market: FRI underperformed the Australian Market which returned 28.3% over the past year.
Shareholder returns
| FRI | Industry | Market | |
|---|---|---|---|
| 7 Day | -5.0% | 1.0% | 0.4% |
| 30 Day | 0% | 4.1% | 1.7% |
| 90 Day | 3.7% | -1.3% | 5.1% |
| 1 Year | 31.7%26.9% | 22.2%19.9% | 33.1%28.3% |
| 3 Year | 2.2%-13.3% | -19.2%-25.6% | 34.9%18.5% |
| 5 Year | 35.4%-0.6% | 23.5%4.5% | 66.5%34.1% |
Long-Term Price Volatility Vs. Market
How volatile is Finbar Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
Introducing Finbar Group (ASX:FRI), A Stock That Climbed 24% In The Last Year2 months ago | Simply Wall St
Finbar Group (ASX:FRI) Has A Pretty Healthy Balance Sheet2 months ago | Simply Wall St
What Percentage Of Finbar Group Limited (ASX:FRI) Shares Do Insiders Own?Valuation
Is Finbar Group undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: FRI (A$0.85) is trading below our estimate of fair value (A$45.88)
Significantly Below Fair Value: FRI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: FRI is poor value based on its PE Ratio (53.7x) compared to the Australian Real Estate industry average (24.4x).
PE vs Market: FRI is poor value based on its PE Ratio (53.7x) compared to the Australian market (20.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate FRI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: FRI's PB Ratio (1x) is in line with the AU Real Estate industry average.
Future Growth
How is Finbar Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
23.9%
Forecasted Real Estate 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 Finbar Group 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 Finbar Group performed over the past 5 years?
-0.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FRI has a large one-off gain of A$1.2M impacting its December 31 2020 financial results.
Growing Profit Margin: FRI's current net profit margins (3.1%) are lower than last year (9%).
Past Earnings Growth Analysis
Earnings Trend: FRI's earnings have declined by 0.6% per year over the past 5 years.
Accelerating Growth: FRI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: FRI had negative earnings growth (-71.6%) over the past year, making it difficult to compare to the Real Estate industry average (-32.4%).
Return on Equity
High ROE: FRI's Return on Equity (1.8%) is considered low.
Financial Health
How is Finbar Group's financial position?
Financial Position Analysis
Short Term Liabilities: FRI's short term assets (A$118.0M) exceed its short term liabilities (A$67.3M).
Long Term Liabilities: FRI's short term assets (A$118.0M) exceed its long term liabilities (A$14.9M).
Debt to Equity History and Analysis
Debt Level: FRI's debt to equity ratio (22.1%) is considered satisfactory.
Reducing Debt: FRI's debt to equity ratio has reduced from 45.6% to 22.1% over the past 5 years.
Debt Coverage: FRI's debt is well covered by operating cash flow (131.7%).
Interest Coverage: FRI earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Finbar Group current dividend yield, its reliability and sustainability?
4.71%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: FRI's dividend (4.71%) is higher than the bottom 25% of dividend payers in the Australian market (1.99%).
High Dividend: FRI's dividend (4.71%) is low compared to the top 25% of dividend payers in the Australian market (4.91%).
Stability and Growth of Payments
Stable Dividend: FRI's dividend payments have been volatile in the past 10 years.
Growing Dividend: FRI's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (189.6%), FRI's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
11.0yrs
Average management tenure
CEO
Darren Pateman (52 yo)
11yrs
Tenure
AU$926,355
Compensation
Mr. Darren John Pateman, EMBA, GradDipACG, ACSA, AGIA, MAICD, AFAIM, has been Managing Director of Finbar Group Limited since July 15, 2010. Mr. Pateman has been the Managing Director of 406 & 407 Newcastl...
CEO Compensation Analysis
Compensation vs Market: Darren's total compensation ($USD685.63K) is above average for companies of similar size in the Australian market ($USD456.53K).
Compensation vs Earnings: Darren's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: FRI's management team is seasoned and experienced (11 years average tenure).
Board Members
Experienced Board: FRI's board of directors are considered experienced (9.6 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: Insufficient data to determine if shareholders have been diluted in the past year.
Top Shareholders
Company Information
Finbar Group Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Finbar Group Limited
- Ticker: FRI
- Exchange: ASX
- Founded: 1984
- Industry: Real Estate Development
- Sector: Real Estate
- Market Cap: AU$234.026m
- Shares outstanding: 272.12m
- Website: https://www.finbar.com.au
Location
- Finbar Group Limited
- 181 Adelaide Terrace
- Level 6
- East Perth
- Western Australia
- 6004
- Australia
Listings
Biography
Finbar Group Limited, through its subsidiaries, develops and invests in properties in Australia. It develops medium to high density residential buildings and commercial properties, as well as rents its pro...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/07/30 16:30 |
| End of Day Share Price | 2021/07/30 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/06/30 |
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.