Foraco International SA

TSX:FAR Stock Report

Market Cap: CA$301.0m

Foraco International Future Growth

Future criteria checks 4/6

Foraco International is forecast to grow earnings and revenue by 32.1% and 12.9% per annum respectively while EPS is expected to grow by 34.8% per annum.

Key information

32.1%

Earnings growth rate

34.79%

EPS growth rate

Metals and Mining earnings growth19.3%
Revenue growth rate12.9%
Future return on equityn/a
Analyst coverage

Low

Last updated01 May 2026

Recent future growth updates

Analysis Article Nov 02

Foraco International SA Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Foraco International SA ( TSE:FAR ) missed earnings with its latest third-quarter results, disappointing...
Analysis Article Aug 03

Foraco International SA Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Foraco International SA ( TSE:FAR ) shareholders are probably feeling a little disappointed, since its shares fell 8.6...

Recent updates

Narrative Update Apr 22

FAR: Shareholder Bylaw Vote And Ongoing Buybacks Will Support Higher Future P/E

Analysts have increased their CA$ price target for Foraco International by CA$0.05, citing modest refinements to discount rate assumptions, revenue growth expectations, profit margin forecasts and future P/E inputs. What's in the News A shareholders meeting is scheduled for April 15, 2026, in Lunel, France, and is classified as a Special or Extraordinary Shareholders Meeting (Key Developments).
Narrative Update Apr 08

FAR: Upcoming Bylaw Vote And Buybacks Will Support Higher Future P/E

Analysts have maintained their price target on Foraco International at CA$4.50, with the update reflecting revised assumptions for discount rate, revenue growth, profit margin and future P/E that are broadly in line with prior estimates. What's in the News Shareholders are scheduled to meet on April 15, 2026, to vote on a proposed amendment to the company's articles of association, which would change parts of its bylaws (Key Developments).
Narrative Update Mar 25

FAR: Upcoming Shareholder Meeting Will Support A Higher Future P/E Multiple

Analysts have kept their average price target for Foraco International steady at about CA$4.50, citing only small adjustments to assumptions around the discount rate, revenue growth, profit margin and future P/E that do not materially change their overall valuation view. What's in the News Shareholders meeting for Foraco International SA is scheduled to be convened on April 15, 2026, with a proposed amendment to an article of the company's articles of association to be considered (Key Developments).
Narrative Update Mar 11

FAR: Upcoming Special Meeting Will Support A Higher Future Earnings Multiple

Analysts now place their fair value estimate for Foraco International at CA$4.50 per share, compared with a prior CA$2.50, reflecting updated views on discount rates, revenue growth, profit margins and future P/E assumptions. What's in the News Foraco International has scheduled a Special and Extraordinary Shareholders Meeting for April 15, 2026, in Lunel, France (Key Developments).
Narrative Update Feb 24

FAR: New US Gold Drilling Contracts Will Support Future Upside

Analysts have nudged their price target on Foraco International to CA$3.75, citing refreshed assumptions on discount rate, revenue growth, profit margin and forward P/E. These updates leave their overall valuation view essentially unchanged in price terms, but modestly updated in its underlying inputs.
Narrative Update Feb 10

FAR: New Long Term Gold Drilling Contracts Will Support Future Upside

Narrative Update: Foraco International Analyst Price Target Shift Analysts have slightly adjusted their price target for Foraco International to $3.75, reflecting refreshed assumptions around discount rate, revenue growth, profit margin and future P/E, while keeping the overall valuation level unchanged. What's in the News Foraco International SA reported new long term drilling contracts with two Tier One gold mining customers in the United States, with a combined value above US$60,000,000.
Analysis Article Jan 27

Does This Valuation Of Foraco International SA (TSE:FAR) Imply Investors Are Overpaying?

Key Insights The projected fair value for Foraco International is CA$2.21 based on 2 Stage Free Cash Flow to Equity...
Narrative Update Jan 26

FAR: Long Term Drilling Contracts And Buybacks Will Support Future Upside

Narrative Update: Foraco International Analyst Price Target The analyst price target for Foraco International has been revised slightly, with updated fair value holding at $3.75 as analysts adjust their assumptions around discount rate, revenue growth, profit margins and future P/E, while keeping the overall valuation view steady. What's in the News Won two long term drilling contracts in the United States with Tier One gold mining customers, with a combined value above US$60 million.
Narrative Update Jan 12

FAR: New Long Term Drilling Contracts Will Support Stronger Future Returns

Analysts have nudged their price target on Foraco International slightly higher to $3.75. This reflects small model adjustments to revenue growth, profit margin and the assumed future P/E multiple.
Narrative Update Dec 26

FAR: New Multi Year Drilling Contracts Will Drive Stronger Future Returns

Analysts have nudged their price target for Foraco International modestly higher to reflect slightly stronger expected revenue growth and profit margins, while keeping valuation multiples broadly in line with prior assumptions. What's in the News Secured two long term drilling contracts with Tier One gold miners in Nevada, United States, worth over USD 60 million.
Narrative Update Dec 12

FAR: New Long Term Mining Contracts Will Drive Stronger Future Returns

Analysts have lowered their price target for Foraco International by approximately 21 percent to 3.75 dollars. They cite a slightly higher perceived risk profile, modestly softer long term revenue growth assumptions, and a marginally lower projected profit margin and valuation multiple.
Analysis Article Nov 02

Foraco International SA Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Foraco International SA ( TSE:FAR ) missed earnings with its latest third-quarter results, disappointing...
Analysis Article Sep 04

Even With A 27% Surge, Cautious Investors Are Not Rewarding Foraco International SA's (TSE:FAR) Performance Completely

Foraco International SA ( TSE:FAR ) shareholders have had their patience rewarded with a 27% share price jump in the...
Analysis Article Aug 08

Foraco International's (TSE:FAR) Problems Go Beyond Weak Profit

Foraco International SA's ( TSE:FAR ) recent weak earnings report didn't cause a big stock movement. However, we...
Narrative Update Aug 06

Expanding Drilling Contracts In Latin America Will Secure Bright Prospects

A higher future P/E ratio suggests expectations of slower earnings growth relative to price, and despite a modest improvement in net profit margin, this has contributed to a reduction in Foraco International's consensus analyst price target from CA$3.94 to CA$3.50. What's in the News Foraco International awarded a three-year, USD 34 million contract by Glencore for comprehensive drilling services at Lomas Bayas operations in Chile.
Analysis Article Aug 03

Foraco International SA Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Foraco International SA ( TSE:FAR ) shareholders are probably feeling a little disappointed, since its shares fell 8.6...
Analysis Article Feb 19

Is Foraco International (TSE:FAR) Using Too Much Debt?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
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New Narrative Feb 09

Advanced Drilling Rigs Will Meet Growing Demand For Critical Metals

Foraco's advanced drilling technology and focus on stable, long-term contracts position them for stable revenue growth in key regions.
Analysis Article Nov 02

CA$4.35: That's What Analysts Think Foraco International SA (TSE:FAR) Is Worth After Its Latest Results

Shareholders might have noticed that Foraco International SA ( TSE:FAR ) filed its third-quarter result this time last...
Analysis Article Sep 06

A Look At The Fair Value Of Foraco International SA (TSE:FAR)

Key Insights The projected fair value for Foraco International is CA$1.83 based on 2 Stage Free Cash Flow to Equity...
Analysis Article Aug 09

Foraco International's (TSE:FAR) Conservative Accounting Might Explain Soft Earnings

Foraco International SA's ( TSE:FAR ) earnings announcement last week didn't impress shareholders. Despite the soft...
Analysis Article Jul 05

Investors Aren't Entirely Convinced By Foraco International SA's (TSE:FAR) Earnings

Foraco International SA's ( TSE:FAR ) price-to-earnings (or "P/E") ratio of 5.9x might make it look like a strong buy...
Analysis Article Jun 15

Why The 39% Return On Capital At Foraco International (TSE:FAR) Should Have Your Attention

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article Jan 18

Foraco International SA (TSE:FAR) Stock Rockets 31% But Many Are Still Ignoring The Company

Foraco International SA ( TSE:FAR ) shares have continued their recent momentum with a 31% gain in the last month...
Analysis Article Jan 16

We Ran A Stock Scan For Earnings Growth And Foraco International (TSE:FAR) Passed With Ease

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article Aug 28

We Think Foraco International (TSE:FAR) Can Stay On Top Of Its Debt

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Analysis Article Mar 25

Estimating The Fair Value Of Foraco International SA (TSE:FAR)

Key Insights The projected fair value for Foraco International is CA$2.04 based on 2 Stage Free Cash Flow to Equity...
Analysis Article Jan 04

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

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Analysis Article Dec 08

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

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'd want to identify a...
Analysis Article Oct 12

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

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article Jun 17

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

There are a few key trends to look for if we want to identify the next multi-bagger. Typically, we'll want to notice a...
Analysis Article Feb 04

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

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...

Earnings and Revenue Growth Forecasts

TSX:FAR - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202733826N/A594
12/31/202630419N/A454
3/31/202626915-1118N/A
12/31/202525816224N/A
9/30/2025256171232N/A
6/30/2025263191332N/A
3/31/2025271212238N/A
12/31/2024293281029N/A
9/30/2024319272242N/A
6/30/2024337301739N/A
3/31/2024359311640N/A
12/31/2023370292955N/A
9/30/2023368331844N/A
6/30/2023365302348N/A
3/31/2023351262649N/A
12/31/2022331201737N/A
9/30/202231516725N/A
6/30/202229438521N/A
3/31/202228337524N/A
12/31/2021270351029N/A
9/30/2021255351232N/A
6/30/202124071433N/A
3/31/202121251025N/A
12/31/202020741731N/A
9/30/202020151828N/A
6/30/202020341223N/A
3/31/20202103618N/A
12/31/20192051N/A21N/A
9/30/2019205-5N/A17N/A
6/30/2019194-8N/A12N/A
3/31/2019185-10N/A15N/A
12/31/2018180-11N/A6N/A
9/30/2018167-9N/A9N/A
6/30/2018155-11N/A10N/A
3/31/2018145-12N/A2N/A
12/31/2017136-11N/A8N/A
9/30/2017129-11N/A2N/A
6/30/2017126-12N/A2N/A
3/31/2017121-13N/A3N/A
12/31/2016115-18N/A-4N/A
9/30/2016116-16N/A-1N/A
6/30/2016117-13N/A9N/A
3/31/2016129-11N/A9N/A
12/31/2015138-10N/A13N/A
9/30/2015148-12N/A14N/A
6/30/2015169-14N/A6N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: FAR's forecast earnings growth (32.1% per year) is above the savings rate (3%).

Earnings vs Market: FAR's earnings (32.1% per year) are forecast to grow faster than the Canadian market (10.8% per year).

High Growth Earnings: FAR's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: FAR's revenue (12.9% per year) is forecast to grow faster than the Canadian market (4.9% per year).

High Growth Revenue: FAR's revenue (12.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if FAR's Return on Equity is forecast to be high in 3 years time


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/07 23:03
End of Day Share Price 2026/05/07 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Foraco International SA is covered by 9 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Margaret MacDougallATB Cormark Historical (Cormark Securities)
Donangelo VolpeBeacon Securities Limited
Yuri LynkCanaccord Genuity