Fluence (FLC) Stock Overview
Provides smart water and wastewater treatment solutions for the municipal, commercial, and industrial markets worldwide. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 4/6 |
| Past Performance | 0/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
FLC Community Fair Values
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Analyst Price Targets
Fluence Corporation Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$0.08 |
| 52 Week High | AU$0.15 |
| 52 Week Low | AU$0.037 |
| Beta | 0.033 |
| 1 Month Change | -5.88% |
| 3 Month Change | 2.56% |
| 1 Year Change | 95.12% |
| 3 Year Change | -50.00% |
| 5 Year Change | -57.89% |
| Change since IPO | -60.00% |
Recent News & Updates
Narrative Update • Jun 07
FLC: Higher Future P/E Assumptions Will Constrain Returns Despite 2026 Guidance
Analysts have nudged their price target on Fluence slightly higher, reflecting small adjustments to fair value estimates, the discount rate and long term P/E assumptions rather than a major shift in the story. What's in the News Fluence issued revenue guidance for 2026, indicating expectations for double-digit revenue growth, driven by SPS and recurring revenue segments across its core markets.
New Narrative • Apr 27
Ivory Coast Project Completion Will Expose Weaknesses In Long Duration Water Revenue
Catalysts About Fluence Fluence provides water and wastewater treatment solutions with a focus on standardized product systems and recurring service models. What are the underlying business or industry changes driving this perspective?Narrative Update • Apr 27
FLC: Higher Future P/E Assumptions Will Limit Prospective Share Upside
Analysts have raised their price target on Fluence to A$0.37 from A$0.36, reflecting a slightly higher assumed future P/E multiple while leaving fair value, discount rate, revenue growth and profit margin assumptions effectively unchanged. What's in the News Fluence issued earnings guidance for fiscal 2026, indicating it expects double digit revenue growth for the year, even with a significant reduction in revenue from the Ivory Coast Addendum project, supported by the SPS and Recurring Revenue segments in its core markets (company guidance).Narrative Update • Apr 13
FLC: Higher Discount Rate And Margin Pressure Will Constrain Future Upside
Analysts have trimmed their price target on Fluence by A$0.00, citing updated assumptions that include slightly higher discount rates, more cautious revenue growth, lower profit margin expectations, and a higher future P/E multiple. What's in the News Fluence issued earnings guidance for fiscal 2026, giving investors a clearer view of management's current expectations for the business (Corporate Guidance).Recent updates
Narrative Update • Jun 07
FLC: Higher Future P/E Assumptions Will Constrain Returns Despite 2026 Guidance
Analysts have nudged their price target on Fluence slightly higher, reflecting small adjustments to fair value estimates, the discount rate and long term P/E assumptions rather than a major shift in the story. What's in the News Fluence issued revenue guidance for 2026, indicating expectations for double-digit revenue growth, driven by SPS and recurring revenue segments across its core markets.New Narrative • Apr 27
Ivory Coast Project Completion Will Expose Weaknesses In Long Duration Water Revenue
Catalysts About Fluence Fluence provides water and wastewater treatment solutions with a focus on standardized product systems and recurring service models. What are the underlying business or industry changes driving this perspective?Narrative Update • Apr 27
FLC: Higher Future P/E Assumptions Will Limit Prospective Share Upside
Analysts have raised their price target on Fluence to A$0.37 from A$0.36, reflecting a slightly higher assumed future P/E multiple while leaving fair value, discount rate, revenue growth and profit margin assumptions effectively unchanged. What's in the News Fluence issued earnings guidance for fiscal 2026, indicating it expects double digit revenue growth for the year, even with a significant reduction in revenue from the Ivory Coast Addendum project, supported by the SPS and Recurring Revenue segments in its core markets (company guidance).Narrative Update • Apr 13
FLC: Higher Discount Rate And Margin Pressure Will Constrain Future Upside
Analysts have trimmed their price target on Fluence by A$0.00, citing updated assumptions that include slightly higher discount rates, more cautious revenue growth, lower profit margin expectations, and a higher future P/E multiple. What's in the News Fluence issued earnings guidance for fiscal 2026, giving investors a clearer view of management's current expectations for the business (Corporate Guidance).
New Narrative • Apr 12
AI Driven Water Demand And Recurring Revenue Will Support Long Term Earnings Expansion
Catalysts About Fluence Fluence provides water and wastewater treatment solutions and related services across multiple global markets. What are the underlying business or industry changes driving this perspective?Analysis Article • Oct 07
The Market Lifts Fluence Corporation Limited (ASX:FLC) Shares 27% But It Can Do More
Despite an already strong run, Fluence Corporation Limited ( ASX:FLC ) shares have been powering on, with a gain of 27...Analysis Article • Jul 14
Fluence Corporation Limited (ASX:FLC) Soars 31% But It's A Story Of Risk Vs Reward
Fluence Corporation Limited ( ASX:FLC ) shares have had a really impressive month, gaining 31% after a shaky period...Analysis Article • May 20
Investors Give Fluence Corporation Limited (ASX:FLC) Shares A 30% Hiding
Unfortunately for some shareholders, the Fluence Corporation Limited ( ASX:FLC ) share price has dived 30% in the last...
New Narrative • May 02
US Water Projects Will Face Tariffs, Delays And Experience Recovery
Tariffs and trade uncertainties threaten project execution, impacting revenue and net margins due to increased operational costs and potential production shifts.Analysis Article • Apr 03
Fluence Corporation Limited (ASX:FLC) Might Not Be As Mispriced As It Looks After Plunging 25%
Unfortunately for some shareholders, the Fluence Corporation Limited ( ASX:FLC ) share price has dived 25% in the last...Analysis Article • Nov 04
Slammed 26% Fluence Corporation Limited (ASX:FLC) Screens Well Here But There Might Be A Catch
Fluence Corporation Limited ( ASX:FLC ) shareholders that were waiting for something to happen have been dealt a blow...Analysis Article • Oct 30
Fluence (ASX:FLC) Is Carrying A Fair Bit Of Debt
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Analysis Article • Aug 30
Market Cool On Fluence Corporation Limited's (ASX:FLC) Revenues
Fluence Corporation Limited's ( ASX:FLC ) price-to-sales (or "P/S") ratio of 1x might make it look like a buy right now...Analysis Article • May 07
Fluence Corporation Limited's (ASX:FLC) Shares Not Telling The Full Story
Fluence Corporation Limited's ( ASX:FLC ) price-to-sales (or "P/S") ratio of 1.5x might make it look like a buy right...Analysis Article • Mar 15
Is Fluence (ASX:FLC) Using Debt In A Risky Way?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Analysis Article • Jan 17
Fluence Corporation Limited (ASX:FLC) Soars 53% But It's A Story Of Risk Vs Reward
Those holding Fluence Corporation Limited ( ASX:FLC ) shares would be relieved that the share price has rebounded 53...Analysis Article • Jun 22
Fluence Corporation Limited (ASX:FLC) Screens Well But There Might Be A Catch
You may think that with a price-to-sales (or "P/S") ratio of 0.6x Fluence Corporation Limited ( ASX:FLC ) is a stock...Analysis Article • Nov 02
Is Fluence (ASX:FLC) Using Too Much Debt?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • Nov 25
Is Fluence (ASX:FLC) Using Debt Sensibly?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Analysis Article • May 09
Fluence Corporation Limited (ASX:FLC) Could Be Less Than A Year Away From Profitability
With the business potentially at an important milestone, we thought we'd take a closer look at Fluence Corporation...Analysis Article • Apr 13
Does Fluence (ASX:FLC) Have A Healthy Balance Sheet?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • Feb 24
What Type Of Shareholders Own The Most Number of Fluence Corporation Limited (ASX:FLC) Shares?
Every investor in Fluence Corporation Limited ( ASX:FLC ) should be aware of the most powerful shareholder groups...Analysis Article • Feb 03
Fluence Corporation Limited (ASX:FLC) Could Be Less Than A Year Away From Profitability
With the business potentially at an important milestone, we thought we'd take a closer look at Fluence Corporation...Analysis Article • Jan 13
Here's Why We're Not Too Worried About Fluence's (ASX:FLC) Cash Burn Situation
There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although...Analysis Article • Dec 23
Estimating The Intrinsic Value Of Fluence Corporation Limited (ASX:FLC)
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Fluence Corporation...Analysis Article • Dec 02
Fluence's (ASX:FLC) Stock Price Has Reduced 46% In The Past Three Years
It is a pleasure to report that the Fluence Corporation Limited ( ASX:FLC ) is up 38% in the last quarter. But that...Shareholder Returns
| FLC | AU Water Utilities | AU Market | |
|---|---|---|---|
| 7D | 1.3% | -1.8% | 0.6% |
| 1Y | 95.1% | 3.9% | 3.3% |
Return vs Industry: FLC exceeded the Australian Water Utilities industry which returned 3.9% over the past year.
Return vs Market: FLC exceeded the Australian Market which returned 3.3% over the past year.
Price Volatility
| FLC volatility | |
|---|---|
| FLC Average Weekly Movement | 10.5% |
| Water Utilities Industry Average Movement | 4.7% |
| Market Average Movement | 10.2% |
| 10% most volatile stocks in AU Market | 17.3% |
| 10% least volatile stocks in AU Market | 4.0% |
Stable Share Price: FLC has not had significant price volatility in the past 3 months compared to the Australian market.
Volatility Over Time: FLC's weekly volatility (11%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2007 | n/a | Ben Fash | www.fluencecorp.com |
Fluence Corporation Limited, together with its subsidiaries, provides smart water and wastewater treatment solutions for the municipal, commercial, and industrial markets worldwide. It offers water treatment solutions, such as reverse-osmosis desalination, clarification, multimedia filtration, methane removal, arsenic removal, denitrification, UV disinfection, softening, mollusk removal, coagulation and flocculation, flotation, activated carbon filtration, biological filtration, contaminants removal, ultrafiltration, remineralization, and ozonation. The company also provides NIROBOX Smart Packaged Water Solutions for seawater and brackish water desalination, as well as freshwater treatment; NIROFLEX, pre-engineered pretreatment and reverse osmosis building blocks for cost-effective seawater desalination systems; and desalination for drinking water, industrial process water desalination, seawater reverse osmosis, and brine management.
Fluence Corporation Limited Fundamentals Summary
| FLC fundamental statistics | |
|---|---|
| Market cap | AU$91.54m |
| Earnings (TTM) | -AU$11.81m |
| Revenue (TTM) | AU$111.88m |
0.8x
P/S Ratio-7.8x
P/E RatioIs FLC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| FLC income statement (TTM) | |
|---|---|
| Revenue | US$78.45m |
| Cost of Revenue | US$55.37m |
| Gross Profit | US$23.09m |
| Other Expenses | US$31.37m |
| Earnings | -US$8.28m |
Last Reported Earnings
Dec 31, 2025
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.0072 |
| Gross Margin | 29.43% |
| Net Profit Margin | -10.55% |
| Debt/Equity Ratio | -180.2% |
How did FLC perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/20 01:21 |
| End of Day Share Price | 2026/06/19 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
| |
| Key Developments | 10 years |
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* 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.
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 Github.
Analyst Sources
Fluence Corporation Limited is covered by 3 analysts. 2 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 |
|---|---|
| Ritesh Varma | Bell Potter |
| Dan Gardiner | Edison Investment Research |
| Graeme Carson | RaaS Advisory Pty Ltd |