ASX:FSG

Stock Analysis Report

Field Solutions Holdings

Executive Summary

Field Solutions Holdings Limited, a telecommunications carrier and technology company, provides connectivity and business solutions for rural, regional, and remote areas in Australia.


Snowflake Analysis

Imperfect balance sheet and overvalued.

Share Price & News

How has Field Solutions Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: FSG's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

FSG

3.5%

AU Telecom

5.1%

AU Market


1 Year Return

-28.6%

FSG

-5.0%

AU Telecom

-19.0%

AU Market

Return vs Industry: FSG underperformed the Australian Telecom industry which returned -5% over the past year.

Return vs Market: FSG underperformed the Australian Market which returned -19.2% over the past year.


Shareholder returns

FSGIndustryMarket
7 Day0%3.5%5.1%
30 Day-16.7%-13.1%-20.9%
90 Day-25.9%-11.4%-25.6%
1 Year-28.6%-28.6%-1.6%-5.0%-15.4%-19.0%
3 Yearn/a-16.4%-28.2%-3.3%-16.6%
5 Yearn/a-32.2%-47.5%6.9%-17.3%

Price Volatility Vs. Market

How volatile is Field Solutions Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Field Solutions Holdings undervalued compared to its fair value and its price relative to the market?

1.83x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: FSG is good value based on its PB Ratio (1.8x) compared to the AU Telecom industry average (2x).


Next Steps

Future Growth

How is Field Solutions Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-0.2%

Forecasted Telecom 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 Field Solutions Holdings 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.


Next Steps

Past Performance

How has Field Solutions Holdings performed over the past 5 years?

-37.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FSG is currently unprofitable.

Growing Profit Margin: FSG is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: FSG is unprofitable, and losses have increased over the past 5 years at a rate of -37.7% per year.

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

Earnings vs Industry: FSG is unprofitable, making it difficult to compare its past year earnings growth to the Telecom industry (-8.9%).


Return on Equity

High ROE: FSG has a negative Return on Equity (-8.04%), as it is currently unprofitable.


Next Steps

Financial Health

How is Field Solutions Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: FSG's short term assets (A$2.6M) do not cover its short term liabilities (A$4.3M).

Long Term Liabilities: FSG's short term assets (A$2.6M) exceed its long term liabilities (A$561.9K).


Debt to Equity History and Analysis

Debt Level: FSG's debt to equity ratio (28.6%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if FSG's debt to equity ratio has reduced over the past 5 years.


Balance Sheet

Inventory Level: FSG has a high level of physical assets or inventory.

Debt Coverage by Assets: FSG's debt is covered by short term assets (assets are 1.7x debt).


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

Forecast Cash Runway: FSG has less than a year of cash runway if free cash flow continues to reduce at historical rates of -43.2% each year


Next Steps

Dividend

What is Field Solutions Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate FSG's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if FSG's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if FSG'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 FSG'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?

2.3yrs

Average board tenure


CEO

Andrew Roberts

no data

Tenure

AU$315,531

Compensation

Mr. Andrew Jake Roberts, AICD serves as Group Managing Director & Chief Executive Officer of Field Solutions Holdings Limited. Mr. Roberts is the Founder of Human Capital Solutions Group Pty Ltd. in 2004.  ...


CEO Compensation Analysis

Compensation vs Market: Andrew's total compensation ($USD189.61K) is about average for companies of similar size in the Australian market ($USD238.58K).

Compensation vs Earnings: Andrew's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Andrew Roberts
Group MDno dataAU$315.53k0.68% A$61.3k
Wendy Tyberek
Finance Director1.5yrsAU$256.51k0.018% A$1.6k
Phillip Carter
Non-Executive Director1.17yrsno datano data
Mithila Ranawake
Non-Executive Director9.42yrsAU$85.82k0.46% A$41.3k
Kenneth Carr
Non-Executive Chairmanno dataAU$93.49k0.67% A$60.0k

2.3yrs

Average Tenure

62yo

Average Age

Experienced Board: FSG's board of directors are not considered experienced ( 2.3 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 7%.


Top Shareholders

Company Information

Field Solutions Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Field Solutions Holdings Limited
  • Ticker: FSG
  • Exchange: ASX
  • Founded: 2012
  • Industry: Alternative Carriers
  • Sector: Telecom
  • Market Cap: AU$8.968m
  • Shares outstanding: 448.42m
  • Website: https://www.fieldsolutions-group.com

Location

  • Field Solutions Holdings Limited
  • 23 Narabang Way
  • Suite 38
  • Belrose
  • New South Wales
  • 2085
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FSGASX (Australian Securities Exchange)YesOrdinary SharesAUAUDMay 2017
FSGCHIA (Chi-X Australia)YesOrdinary SharesAUAUDMay 2017

Biography

Field Solutions Holdings Limited, a telecommunications carrier and technology company, provides connectivity and business solutions for rural, regional, and remote areas in Australia. The company offers cloud computing, cloud application development, and cloud software development services; designs and builds custom software products and solutions; establishes private and public cloud hosting services; designs and deploys private networks; migrates existing products and software to the cloud; manages, monitors, and optimizes cloud and network infrastructure; and builds disaster recovery scenarios. It also provides end-to-end solutions ranging from concept and strategy, to design, implementation, and support; and cloud access solutions using dark fiber, wireless, microwave, Ethernet, NBN, and satellite. The company was incorporated in 2012 and is based in Belrose, Australia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/04 14:38
End of Day Share Price2020/03/24 00:00
Earnings2019/12/31
Annual Earnings2019/06/30


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.