Finbar Group
Market Cap
AU$240.8m
Last Updated
2021/03/01 07:04 UTC
Data Sources
Company Financials +
Executive Summary
Finbar Group Limited, through its subsidiaries, develops and invests in properties in Australia. More Details
Snowflake Analysis
Flawless balance sheet not a dividend payer.
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 +/- 5% a week.
Volatility Over Time: FRI's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
-2.7%
FRI
8.2%
AU Real Estate
-1.6%
AU Market
1 Year Return
7.1%
FRI
-14.7%
AU Real Estate
8.6%
AU Market
Return vs Industry: FRI exceeded the Australian Real Estate industry which returned -14.7% over the past year.
Return vs Market: FRI underperformed the Australian Market which returned 8.6% over the past year.
Shareholder returns
| FRI | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.7% | 8.2% | -1.6% |
| 30 Day | -2.2% | 8.3% | 1.2% |
| 90 Day | 13.9% | -1.0% | 3.9% |
| 1 Year | 11.6%7.1% | -13.1%-14.7% | 12.2%8.6% |
| 3 Year | 5.9%-8.2% | -7.6%-15.1% | 28.2%12.8% |
| 5 Year | 34.1%0.6% | 26.8%7.4% | 61.7%30.2% |
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 day ago | Simply Wall St
It Might Not Be A Great Idea To Buy Finbar Group Limited (ASX:FRI) For Its Next Dividend1 week ago | Simply Wall St
Finbar Group (ASX:FRI) Share Prices Have Dropped 10% In The Last Three Years3 weeks ago | Simply Wall St
We're Not So Sure You Should Rely on Finbar Group's (ASX:FRI) Statutory EarningsValuation
Is Finbar Group undervalued compared to its fair value and its price relative to the market?
56.87x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: FRI (A$0.9) is trading above our estimate of fair value (A$0.18)
Significantly Below Fair Value: FRI is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: FRI is poor value based on its PE Ratio (56.9x) compared to the AU Real Estate industry average (28.1x).
PE vs Market: FRI is poor value based on its PE Ratio (56.9x) compared to the Australian market (20.1x).
Price to Earnings Growth Ratio
PEG Ratio: FRI's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: FRI's PB Ratio (1x) is in line with the AU Real Estate industry average.
Next Steps
Future Growth
How is Finbar Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
-101.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FRI's earnings are forecast to decline over the next 3 years (-101.7% per year).
Earnings vs Market: FRI's earnings are forecast to decline over the next 3 years (-101.7% per year).
High Growth Earnings: FRI's earnings are forecast to decline over the next 3 years.
Revenue vs Market: FRI's revenue is expected to decline over the next 3 years (-72.7% per year).
High Growth Revenue: FRI's revenue is forecast to decline over the next 3 years (-72.7% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if FRI's Return on Equity is forecast to be high in 3 years time
Next Steps
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 (-13.3%).
Return on Equity
High ROE: FRI's Return on Equity (1.8%) is considered low.
Next Steps
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
Next Steps
Dividend
What is Finbar Group current dividend yield, its reliability and sustainability?
2.22%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: FRI's dividend (2.22%) is higher than the bottom 25% of dividend payers in the Australian market (2.07%).
High Dividend: FRI's dividend (2.22%) is low compared to the top 25% of dividend payers in the Australian market (5.28%).
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?
10.6yrs
Average management tenure
CEO
Darren Pateman (51 yo)
10.58yrs
Tenure
AU$926,355
Compensation
Mr. Darren John Pateman, EMBA, GradDipACG, ACSA, AGIA, MAICD, AFAIM, has been Managing Director of Finbar Group Limited since July 15, 2010. Mr. Pateman has been the Managing Director of 406 & 407 Newcastl...
CEO Compensation Analysis
Compensation vs Market: Darren's total compensation ($USD714.67K) is above average for companies of similar size in the Australian market ($USD499.99K).
Compensation vs Earnings: Darren's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Executive Director | 10.58yrs | AU$926.36k | 1.33% A$ 3.2m | |
| CFO & Company Secretary | 15.92yrs | AU$384.12k | 0.11% A$ 265.5k | |
| COO & Executive Director | 4yrs | AU$484.83k | 0.089% A$ 214.7k |
10.6yrs
Average Tenure
Experienced Management: FRI's management team is seasoned and experienced (10.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Executive Director | 10.58yrs | AU$926.36k | 1.33% A$ 3.2m | |
| COO & Executive Director | 4yrs | AU$484.83k | 0.089% A$ 214.7k | |
| Non-Executive Director | 27.83yrs | AU$76.11k | 0.74% A$ 1.8m | |
| Non-Executive Director | 2.83yrs | AU$65.93k | no data | |
| Non-Executive Independent Director | 9.17yrs | AU$76.11k | 0.027% A$ 64.1k |
9.2yrs
Average Tenure
51yo
Average Age
Experienced Board: FRI's board of directors are considered experienced (9.2 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: Shareholders have not been meaningfully 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$240.829m
- 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| FRI | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Jan 1992 |
| FRI | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | Jan 1992 |
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 | 2021/03/01 07:04 |
| End of Day Share Price | 2021/03/01 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.