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FAR

Foraco International TSX:FAR Stock Report

Last Price

CA$1.85

Market Cap

CA$183.1m

7D

3.9%

1Y

-9.8%

Updated

20 Mar, 2023

Data

Company Financials +

FAR Stock Overview

About the company

Foraco International SA, together with its subsidiaries, provides drilling services worldwide. It operates through two segments: Mining and Water. The company offers its drilling services to the mining and energy industry, such as exploration, development, and production related underground drilling services. It also drills wells for drinking, irrigation, industrial water, and dewatering wells; and undertakes a range of projects, including 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, 2022, the company operated 302 drill rigs, including 62 rotary drilling rigs, 190 core diamond drilling rigs, 18 combination rigs, and 32 underground rigs. It serves mining companies and international development funding agencies. The company was founded in 1961 and is headquartered in Marseille, France.

Snowflake Analysis

FAR fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health5/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Foraco International SA Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Foraco International
Historical stock prices
Current Share PriceCA$1.85
52 Week HighCA$2.33
52 Week LowCA$0.92
Beta1.35
1 Month Change-3.14%
3 Month Change25.00%
1 Year Change-9.76%
3 Year Change670.83%
5 Year Change421.13%
Change since IPO-24.49%

Recent News & Updates

Is Foraco International (TSE:FAR) A Risky Investment?

Jan 04
Is Foraco International (TSE:FAR) A Risky Investment?

Why We Like The Returns At Foraco International (TSE:FAR)

Dec 08
Why We Like The Returns At Foraco International (TSE:FAR)

Recent updates

Is Foraco International (TSE:FAR) A Risky Investment?

Jan 04
Is Foraco International (TSE:FAR) A Risky Investment?

Why We Like The Returns At Foraco International (TSE:FAR)

Dec 08
Why We Like The Returns At Foraco International (TSE:FAR)

Here's Why Foraco International (TSE:FAR) Has Caught The Eye Of Investors

Oct 12
Here's Why Foraco International (TSE:FAR) Has Caught The Eye Of Investors

There's Been No Shortage Of Growth Recently For Foraco International's (TSE:FAR) Returns On Capital

Jun 17
There's Been No Shortage Of Growth Recently For Foraco International's (TSE:FAR) Returns On Capital

Here's Why Foraco International (TSE:FAR) Can Manage Its Debt Responsibly

Feb 04
Here's Why Foraco International (TSE:FAR) Can Manage Its Debt Responsibly

Should You Be Adding Foraco International (TSE:FAR) To Your Watchlist Today?

Dec 17
Should You Be Adding Foraco International (TSE:FAR) To Your Watchlist Today?

Here's Why I Think Foraco International (TSE:FAR) Might Deserve Your Attention Today

Aug 31
Here's Why I Think Foraco International (TSE:FAR) Might Deserve Your Attention Today

Foraco International (TSE:FAR) Takes On Some Risk With Its Use Of Debt

Jul 09
Foraco International (TSE:FAR) Takes On Some Risk With Its Use Of Debt

Is Now The Time To Put Foraco International (TSE:FAR) On Your Watchlist?

May 17
Is Now The Time To Put Foraco International (TSE:FAR) On Your Watchlist?

Foraco International (TSE:FAR) Is Doing The Right Things To Multiply Its Share Price

Apr 02
Foraco International (TSE:FAR) Is Doing The Right Things To Multiply Its Share Price

Foraco International SA's (TSE:FAR) Price Is Right But Growth Is Lacking

Mar 15
Foraco International SA's (TSE:FAR) Price Is Right But Growth Is Lacking

A Closer Look At Foraco International SA's (TSE:FAR) Impressive ROE

Feb 18
A Closer Look At Foraco International SA's (TSE:FAR) Impressive ROE

Our Take On Foraco International's (TSE:FAR) CEO Salary

Dec 28
Our Take On Foraco International's (TSE:FAR) CEO Salary

Shareholder Returns

FARCA Metals and MiningCA Market
7D3.9%3.2%-0.6%
1Y-9.8%-15.5%-12.2%

Return vs Industry: FAR exceeded the Canadian Metals and Mining industry which returned -14.7% over the past year.

Return vs Market: FAR exceeded the Canadian Market which returned -12.2% over the past year.

Price Volatility

Is FAR's price volatile compared to industry and market?
FAR volatility
FAR Average Weekly Movement5.5%
Metals and Mining Industry Average Movement10.6%
Market Average Movement9.3%
10% most volatile stocks in CA Market18.1%
10% least volatile stocks in CA Market3.8%

Stable Share Price: FAR is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: FAR's weekly volatility (6%) has been stable over the past year.

Foraco International SA Fundamentals Summary

How do Foraco International's earnings and revenue compare to its market cap?
FAR fundamental statistics
Market CapCA$183.12m
Earnings (TTM)CA$27.03m
Revenue (TTM)CA$452.14m

6.8x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
FAR income statement (TTM)
RevenueUS$330.56m
Cost of RevenueUS$259.28m
Gross ProfitUS$71.27m
Other ExpensesUS$51.51m
EarningsUS$19.76m

Last Reported Earnings

Dec 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.20
Gross Margin21.56%
Net Profit Margin5.98%
Debt/Equity Ratio131.3%

How did FAR perform over the long term?

See historical performance and comparison