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Foraco International

TSX:FAR
Snowflake Description

Mediocre balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
FAR
TSX
CA$41M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Foraco International SA provides drilling services to mining and water projects worldwide. The last earnings update was 21 days ago. More info.


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FAR Share Price and Events
7 Day Returns
5.8%
TSX:FAR
-0.3%
CA Metals and Mining
0.5%
CA Market
1 Year Returns
28.2%
TSX:FAR
-5.4%
CA Metals and Mining
0.9%
CA Market
FAR Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Foraco International (FAR) 5.8% 4.6% -2.2% 28.2% 30% -35%
CA Metals and Mining -0.3% 0.9% 12.2% -5.4% 14.5% -18.7%
CA Market 0.5% 1.7% 14.2% 0.9% 17.2% 6.3%
1 Year Return vs Industry and Market
  • FAR outperformed the Metals and Mining industry which returned -5.4% over the past year.
  • FAR outperformed the Market in Canada which returned 0.9% over the past year.
Price Volatility
FAR
Industry
5yr Volatility vs Market

FAR Value

 Is Foraco International undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Foraco International. This is due to cash flow or dividend data being unavailable. The share price is CA$0.455.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Foraco International's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Foraco International's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSX:FAR PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $-0.12
TSX:FAR Share Price ** TSX (2019-03-20) in CAD CA$0.46
TSX:FAR Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.746 $0.34
Canada Metals and Mining Industry PE Ratio Median Figure of 115 Publicly-Listed Metals and Mining Companies 12.47x
Canada Market PE Ratio Median Figure of 543 Publicly-Listed Companies 15.17x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Foraco International.

TSX:FAR PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSX:FAR Share Price ÷ EPS (both in USD)

= 0.34 ÷ -0.12

-2.87x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Foraco International is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Foraco International is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Foraco International's expected growth come at a high price?
Raw Data
TSX:FAR PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -2.87x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Canada Metals and Mining Industry PEG Ratio Median Figure of 35 Publicly-Listed Metals and Mining Companies 0.71x
Canada Market PEG Ratio Median Figure of 253 Publicly-Listed Companies 1.23x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Foraco International, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Foraco International's assets?
Raw Data
TSX:FAR PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $0.42
TSX:FAR Share Price * TSX (2019-03-20) in CAD CA$0.46
TSX:FAR Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.746 $0.34
Canada Metals and Mining Industry PB Ratio Median Figure of 1,080 Publicly-Listed Metals and Mining Companies 1.43x
Canada Market PB Ratio Median Figure of 2,348 Publicly-Listed Companies 1.58x
TSX:FAR PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSX:FAR Share Price ÷ Book Value per Share (both in USD)

= 0.34 ÷ 0.42

0.81x

* Primary Listing of Foraco International.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Foraco International is good value based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Foraco International's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Foraco International has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

FAR Future Performance

 How is Foraco International expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Foraco International 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
34.2%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Foraco International expected to grow at an attractive rate?
  • Unable to compare Foraco International's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Foraco International's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Foraco International's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSX:FAR Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 34.2%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 6.9%
Canada Market Earnings Growth Rate Market Cap Weighted Average 17.9%
Canada Market Revenue Growth Rate Market Cap Weighted Average 7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSX:FAR Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSX:FAR Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
TSX:FAR Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 180 6 -11
2018-09-30 167 9 -9
2018-06-30 155 10 -11
2018-03-31 145 2 -12
2017-12-31 136 8 -11
2017-09-30 129 2 -11
2017-06-30 126 2 -12
2017-03-31 121 3 -13
2016-12-31 115 -4 -18
2016-09-30 116 -1 -16
2016-06-30 117 9 -13
2016-03-31 129 9 -11

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Foraco International is high growth as no earnings estimate data is available.
  • Unable to determine if Foraco International is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
TSX:FAR Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Foraco International Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSX:FAR Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
TSX:FAR Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 -0.12
2018-09-30 -0.10
2018-06-30 -0.13
2018-03-31 -0.13
2017-12-31 -0.12
2017-09-30 -0.12
2017-06-30 -0.13
2017-03-31 -0.15
2016-12-31 -0.20
2016-09-30 -0.17
2016-06-30 -0.15
2016-03-31 -0.12

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Foraco International will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of FAR’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Foraco International's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. Foraco International's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Foraco International's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Foraco International has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

FAR Past Performance

  How has Foraco International performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Foraco International's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Foraco International does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Foraco International's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Foraco International's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Foraco International's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Foraco International Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSX:FAR Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 180.05 -10.62 20.74
2018-09-30 167.03 -9.01 20.76
2018-06-30 154.55 -11.24 20.92
2018-03-31 145.42 -11.52 20.66
2017-12-31 135.74 -10.74 20.41
2017-09-30 129.48 -11.15 19.21
2017-06-30 125.63 -11.56 17.97
2017-03-31 121.36 -13.42 17.50
2016-12-31 115.16 -18.01 16.77
2016-09-30 115.97 -15.51 16.79
2016-06-30 117.00 -13.43 16.79
2016-03-31 128.53 -10.64 17.43
2015-12-31 137.68 -9.69 17.75
2015-09-30 148.25 -12.11 19.55
2015-06-30 168.78 -14.38 21.58
2015-03-31 173.36 -19.38 22.98
2014-12-31 185.53 -16.16 25.15
2014-09-30 192.55 -7.93 25.60
2014-06-30 207.19 -5.32 26.73
2014-03-31 233.41 -2.09 28.54
2013-12-31 247.76 -1.51 30.70
2013-09-30 270.15 -1.70 34.12
2013-06-30 307.17 2.31 36.11
2013-03-31 339.15 14.59 37.69
2012-12-31 367.52 27.13 35.70
2012-09-30 373.15 28.63 33.14
2012-06-30 352.32 32.78 30.61
2012-03-31 323.97 30.26 27.29

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Foraco International has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Foraco International has efficiently used its assets last year compared to the CA Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Foraco International improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Foraco International's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Foraco International has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

FAR Health

 How is Foraco International's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Foraco International's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Foraco International is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Foraco International's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Foraco International's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Foraco International Company Filings, last reported 2 months ago.

TSX:FAR Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 40.79 141.50 11.09
2018-09-30 47.09 140.04 9.02
2018-06-30 49.67 138.55 11.36
2018-03-31 59.41 144.01 8.72
2017-12-31 69.15 137.26 14.58
2017-09-30 78.52 136.44 14.41
2017-06-30 81.42 131.45 17.33
2017-03-31 88.94 113.67 7.47
2016-12-31 91.44 109.54 6.20
2016-09-30 95.26 114.60 8.49
2016-06-30 97.43 114.25 10.54
2016-03-31 96.44 114.07 13.06
2015-12-31 99.12 105.83 16.57
2015-09-30 96.77 109.25 15.90
2015-06-30 123.00 111.90 14.18
2015-03-31 123.18 107.49 14.57
2014-12-31 144.06 119.37 23.23
2014-09-30 162.73 127.88 26.16
2014-06-30 182.63 133.75 29.15
2014-03-31 184.13 145.04 28.85
2013-12-31 177.16 142.75 37.53
2013-09-30 183.48 146.73 37.53
2013-06-30 185.51 132.79 21.41
2013-03-31 214.58 133.52 29.09
2012-12-31 221.91 129.03 35.90
2012-09-30 206.79 89.41 31.76
2012-06-30 196.73 83.10 24.49
2012-03-31 172.45 62.27 20.82
  • Foraco International's level of debt (346.9%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (80.6% vs 346.9% today).
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.

  • Foraco International has sufficient cash runway for 1.5 years based on current free cash flow.
  • Foraco International has sufficient cash runway for 1.4 years if free cash flow continues to grow at historical rates of 40.3% each year.
X
Financial health checks
We assess Foraco International's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Foraco International has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

FAR Dividends

 What is Foraco International's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Foraco International dividends.
If you bought CA$2,000 of Foraco International shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Foraco International's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Foraco International's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSX:FAR Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Canada Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 28 Stocks 1.2%
Canada Market Average Dividend Yield Market Cap Weighted Average of 330 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2.1%
Canada Top 25% Dividend Yield 75th Percentile 5.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

TSX:FAR Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
TSX:FAR Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2014-11-04 0.000 0.000
2014-08-05 0.000 0.000
2014-05-06 0.000 0.000
2014-04-01 0.000 0.000
2014-03-04 0.000 0.000
2013-05-23 0.049 7.728
2012-08-07 0.053 2.462
2012-04-16 0.064 1.585
2011-05-24 0.035 1.057
2011-03-31 0.040 1.441
2011-03-08 0.038 1.383
2010-05-18 0.033 1.483
2010-03-31 0.034 1.401
2010-03-09 0.037 1.368
2009-05-19 0.019 1.156
2009-03-23 0.018 2.477

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Foraco International has not reported any payouts.
  • Unable to verify if Foraco International's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Foraco International's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Foraco International has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Foraco International's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Foraco International afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Foraco International has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

FAR Management

 What is the CEO of Foraco International's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Daniel Simoncini
COMPENSATION $1,615,627
AGE 60
TENURE AS CEO 21.8 years
CEO Bio

Mr. Daniel Simoncini has been the Chief Executive Officer of Foraco International SA since June 1997. Mr. Simoncini held various senior management positions with other entities. From 1994 to 1997, he served as the Chief Executive Officer of Technoplus Industries SA, a subsidiary of the French Atomic Bureau (CEA). From 1982 to 1994, he held various positions in Comex group of companies, predecessor to Acergy SA, listed on the NASDAQ, including Vice President of Business Development. He has been Chairman of Foraco International SA since June 1997. Mr. Simoncini is a Professional Engineer and holds a Mechanical Engineering degree from Ensam University in Paris, France.

CEO Compensation
  • Daniel's compensation has increased whilst company is loss making.
  • Daniel's remuneration is higher than average for companies of similar size in Canada.
Management Team Tenure

Average tenure of the Foraco International management team in years:

16.1
Average Tenure
  • The average tenure for the Foraco International management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Daniel Simoncini

TITLE
Chairman & CEO
COMPENSATION
$2M
AGE
60
TENURE
21.8 yrs

Jean-Pierre Charmensat

TITLE
Vice CEO
COMPENSATION
$2M
AGE
67
TENURE
21.8 yrs

Timothy Bremner

TITLE
Senior Vice President of North America
COMPENSATION
$361K

Peter Jacobs

TITLE
Senior Vice President of Asia Pacific
COMPENSATION
$338K

Olivier Demesy

TITLE
Vice President of Brazil
COMPENSATION
$808K
TENURE
8.2 yrs

Laurence Mahieux

TITLE
Corporate Counsel
TENURE
10.4 yrs

Fabien Sevestre

TITLE
Deputy Chief Financial Officer

Philippe Violle

TITLE
Vice President of Engineering & Technical Services
COMPENSATION
$156K
Board of Directors Tenure

Average tenure and age of the Foraco International board of directors in years:

11.6
Average Tenure
67
Average Age
  • The average tenure for the Foraco International board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Daniel Simoncini

TITLE
Chairman & CEO
COMPENSATION
$2M
AGE
60
TENURE
21.8 yrs

Jean-Pierre Charmensat

TITLE
Vice CEO
COMPENSATION
$2M
AGE
67
TENURE
21.8 yrs

Bruno Y. Chabas

TITLE
Director
COMPENSATION
$20K
AGE
54
TENURE
11.6 yrs

W. Holmes

TITLE
Lead Director
COMPENSATION
$20K
AGE
76
TENURE
8.8 yrs

Jorge Hurtado Garreton

TITLE
Director
COMPENSATION
$20K
AGE
72
TENURE
8.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
X
Management checks
We assess Foraco International's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Foraco International has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

FAR News

Simply Wall St News

Should Foraco International Be Disappointed With Their 42% Profit?

Just take a look at Foraco International SA (TSE:FAR), which is up 42%, over three years, soundly beating the market return of 17% (not including dividends). … Given that Foraco International didn't make a profit in the last twelve months, we'll focus on revenue growth to form a quick view of its business development. … In the last 3 years Foraco International saw its revenue grow at 12% per year.

Simply Wall St -

Does Foraco International SA's (TSE:FAR) CEO Pay Compare Well With Peers?

Daniel Simoncini has been the CEO of Foraco International SA (TSE:FAR) since 1997. … First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Daniel Simoncini's Compensation Compare With Similar Sized Companies?

Simply Wall St -

What Kind Of Shareholder Owns Most Foraco International SA (TSE:FAR) Stock?

If you want to know who really controls Foraco International SA (TSE:FAR), then you'll have to look at the makeup of its share registry. … Generally speaking, as a company grows, institutions will increase their ownership. … Foraco International is not a large company by global standards.

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Is Foraco International SA (TSE:FAR) Excessively Paying Its CEO?

At the time of writing our data says that Foraco International SA has a market cap of CA$32m, and is paying total annual CEO compensation of US$2m. … We examined a group of similar sized companies, with market capitalizations of below S$275m. … It would therefore appear that Foraco International SA pays Daniel Simoncini more than the median CEO remuneration at companies of a similar size, in the same market

Simply Wall St -

What You Must Know About Foraco International SA's (TSE:FAR) Market Risks

Every stock in the market is exposed to this volatility, which is linked to the fact that stocks prices are correlated in an efficient market. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … Any stock with a beta of greater than one is considered more volatile than the market, while those with a beta below one are either less volatile or poorly correlated with the market.

Simply Wall St -

Does Foraco International SA (TSE:FAR) Go Up With The Market?

Generally, an investor should consider two types of risk that impact the market value of FAR. … The first type is company-specific risk, which can be diversified away by investing in other companies to reduce exposure to one particular stock. … Every stock in the market is exposed to this risk, which arises from macroeconomic factors such as economic growth and geo-political tussles just to name a few.

Simply Wall St -

FAR Company Info

Description

Foraco International SA provides drilling services to mining and water projects worldwide. It operates through Mining and Water segments. The company offers its drilling services in the exploration, development, and production phases of mining projects. It also drills wells for drinking, irrigation, and industrial water; and undertakes a range of projects, including large scale village water drilling programs, specialized drilling projects to access mineral water using sanitary protection methods, and large diameter well fields for residential supply in urban environments, as well as provides inspection, servicing, and rehabilitation services for existing wells. As of December 31, 2017, it operated 302 drill rigs. The company was founded in 1997 and is headquartered in Marseille, France.

Details
Name: Foraco International SA
FAR
Exchange: TSX
Founded: 1997
CA$40,920,665
89,935,529
Website: http://www.foraco.com
Address: Foraco International SA
26, Plage de l’Estaque,
Marseille,
Provence-Alpes-Côte d'Azur, 13016,
France
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSX FAR Ordinary Shares The Toronto Stock Exchange CA CAD 25. Jul 2007
OTCPK FRAC.F Ordinary Shares Pink Sheets LLC US USD 25. Jul 2007
Number of employees
Current staff
Staff numbers
1,882
Foraco International employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/22 23:59
End of day share price update: 2019/03/20 00:00
Last estimates confirmation: 2017/03/02
Last earnings filing: 2019/03/01
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.