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FGO

Fargo EnterprisesASX:FGO Stock Report

Market Cap

AU$5.9m

7D

0%

1Y

42.9%

Updated

20 Oct, 2021

Data

Company Financials
FGO fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

FGO Overview

Fargo Enterprises Limited, an enterprise software as a service company, provides cognitive virtual assistant artificial intelligence (AI) platforms in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Fargo Enterprises
Historical stock prices
Current Share PriceAU$0.005
52 Week HighAU$0.002
52 Week LowAU$0.025
Beta0.27
1 Month Change0%
3 Month Change0%
1 Year Change42.86%
3 Year Change-77.27%
5 Year Changen/a
Change since IPO-87.81%

Recent News & Updates

Dec 29
Have Insiders Been Buying Fargo Enterprises Limited (ASX:FGO) Shares?

Have Insiders Been Buying Fargo Enterprises Limited (ASX:FGO) Shares?

We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. On...

Shareholder Returns

FGOAU SoftwareAU Market
7D0%2.2%0.7%
1Y42.9%28.7%21.4%

Return vs Industry: FGO exceeded the Australian Software industry which returned 25% over the past year.

Return vs Market: FGO exceeded the Australian Market which returned 20.2% over the past year.

Price Volatility

Is FGO's price volatile compared to industry and market?
FGO volatility
FGO Beta0.27
Industry Beta0.85
Market Beta1

Stable Share Price: Insufficient data to determine FGO's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine FGO's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
1935n/aOlivier Cauderlierhttps://fargoenterprises.com.au

Fargo Enterprises Limited, an enterprise software as a service company, provides cognitive virtual assistant artificial intelligence (AI) platforms in Australia. The company also provides a knowledge engine software. It develops Flamingo platform, an AI platform based on machine learning technology.

Fargo Enterprises Fundamentals Summary

How do Fargo Enterprises's earnings and revenue compare to its market cap?
FGO fundamental statistics
Market CapAU$5.93m
Earnings (TTM)-AU$601.88k
Revenue (TTM)AU$34.29k

Earnings & Revenue

Key profitability statistics from the latest earnings report
FGO income statement (TTM)
RevenueAU$34.29k
Cost of RevenueAU$0
Gross ProfitAU$34.29k
ExpensesAU$636.17k
Earnings-AU$601.88k

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0005
Gross Margin100.00%
Net Profit Margin-1,755.33%
Debt/Equity Ratio0.0%

How did FGO perform over the long term?

See historical performance and comparison

Valuation

Is Fargo Enterprises undervalued compared to its fair value and its price relative to the market?

9.09x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate FGO's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate FGO's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: FGO is unprofitable, so we can't compare its PE Ratio to the Australian Software industry average.

PE vs Market: FGO 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 FGO's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: FGO is overvalued based on its PB Ratio (9.1x) compared to the AU Software industry average (5.2x).


Future Growth

How is Fargo Enterprises forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

31.1%

Forecasted Software 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 Fargo Enterprises 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 Fargo Enterprises performed over the past 5 years?

37.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FGO is currently unprofitable.

Growing Profit Margin: FGO is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: FGO is unprofitable, but has reduced losses over the past 5 years at a rate of 37.2% per year.

Accelerating Growth: Unable to compare FGO's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: FGO is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (37.5%).


Return on Equity

High ROE: FGO has a negative Return on Equity (-91.13%), as it is currently unprofitable.


Financial Health

How is Fargo Enterprises's financial position?


Financial Position Analysis

Short Term Liabilities: FGO's short term assets (A$725.9K) exceed its short term liabilities (A$73.1K).

Long Term Liabilities: FGO has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: FGO is debt free.

Reducing Debt: FGO currently has no debt however we can't compare to 5 years ago as we have no data for that period.


Balance Sheet


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: FGO has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: FGO has less than a year of cash runway if free cash flow continues to grow at historical rates of 6.9% each year.


Dividend

What is Fargo Enterprises's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate FGO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate FGO'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 FGO's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if FGO'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 FGO's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.6yrs

Average management tenure


CEO

Olivier Cauderlier

2.25yrs

Tenure

AU$357,036

Compensation

Mr. Olivier Cauderlier was Chief Executive Officer at Flamingo AI Limited since July 11, 2019 and also its Managing Director and served as its Director since October 28, 2019 until March 5, 2020. Mr. Caude...


CEO Compensation Analysis

Compensation vs Market: Olivier's total compensation ($USD266.94K) is about average for companies of similar size in the Australian market ($USD302.06K).

Compensation vs Earnings: Olivier's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: FGO's management team is considered experienced (2.6 years average tenure).


Board Members

Experienced Board: FGO's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.


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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.9%.


Top Shareholders

Company Information

Fargo Enterprises Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Fargo Enterprises Limited
  • Ticker: FGO
  • Exchange: ASX
  • Founded: 1935
  • Industry: Application Software
  • Sector: Software
  • Market Cap: AU$5.929m
  • Shares outstanding: 1.19b
  • Website: https://fargoenterprises.com.au

Location

  • Fargo Enterprises Limited
  • 295 Rokeby Road
  • Suite 1
  • Perth
  • Western Australia
  • 6008
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/20 07:03
End of Day Share Price2021/07/23 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.