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FBF

Fab-Form IndustriesTSXV:FBF Stock Report

Market Cap

CA$7.9m

7D

23.6%

1Y

100.0%

Updated

26 Nov, 2021

Data

Company Financials
FBF fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance6/6
Financial Health6/6
Dividends0/6

FBF Stock Overview

Fab-Form Industries Ltd. develops, manufactures, and distributes technology to form concrete footings, columns, foundations, and walls for building structures in Canada and the United States.

Price History & Performance

Summary of all time highs, changes and price drops for Fab-Form Industries
Historical stock prices
Current Share PriceCA$0.89
52 Week HighCA$0.99
52 Week LowCA$0.34
Beta0.41
1 Month Change18.67%
3 Month Change85.42%
1 Year Change100.00%
3 Year Change97.78%
5 Year Change191.80%
Change since IPO-70.33%

Recent News & Updates

Sep 29
Should You Be Adding Fab-Form Industries (CVE:FBF) To Your Watchlist Today?

Should You Be Adding Fab-Form Industries (CVE:FBF) To Your Watchlist Today?

Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...

Mar 18
Fab-Form Industries Ltd.'s (CVE:FBF) Stock Is Going Strong: Is the Market Following Fundamentals?

Fab-Form Industries Ltd.'s (CVE:FBF) Stock Is Going Strong: Is the Market Following Fundamentals?

Most readers would already be aware that Fab-Form Industries' (CVE:FBF) stock increased significantly by 30% over the...

Shareholder Returns

FBFCA Basic MaterialsCA Market
7D23.6%-1.8%-1.8%
1Y100.0%10.6%22.1%

Return vs Industry: FBF exceeded the Canadian Basic Materials industry which returned 10.6% over the past year.

Return vs Market: FBF exceeded the Canadian Market which returned 22.1% over the past year.

Price Volatility

Is FBF's price volatile compared to industry and market?
FBF volatility
FBF Average Weekly Movement12.6%
Basic Materials Industry Average Movement4.8%
Market Average Movement9.4%
10% most volatile stocks in CA Market17.2%
10% least volatile stocks in CA Market3.5%

Stable Share Price: FBF is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 13% a week.

Volatility Over Time: FBF's weekly volatility (13%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1986n/aRick Fearnhttps://www.fab-form.com

Fab-Form Industries Ltd. develops, manufactures, and distributes technology to form concrete footings, columns, foundations, and walls for building structures in Canada and the United States. The company offers concrete forming products for the building industry. It also distributes Helix micro rebars; and Nudura insulating concrete forms in British Columbia.

Fab-Form Industries Fundamentals Summary

How do Fab-Form Industries's earnings and revenue compare to its market cap?
FBF fundamental statistics
Market CapCA$7.85m
Earnings (TTM)CA$645.43k
Revenue (TTM)CA$4.20m

12.2x

P/E Ratio

1.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
FBF income statement (TTM)
RevenueCA$4.20m
Cost of RevenueCA$2.69m
Gross ProfitCA$1.50m
ExpensesCA$856.57k
EarningsCA$645.43k

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.073
Gross Margin35.80%
Net Profit Margin15.38%
Debt/Equity Ratio0%

How did FBF perform over the long term?

See historical performance and comparison

Valuation

Is Fab-Form Industries undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: FBF (CA$0.89) is trading below our estimate of fair value (CA$5.29)

Significantly Below Fair Value: FBF is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: FBF is good value based on its PE Ratio (12.2x) compared to the North American Basic Materials industry average (18.8x).

PE vs Market: FBF is good value based on its PE Ratio (12.2x) compared to the Canadian market (12.5x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate FBF's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: FBF is overvalued based on its PB Ratio (3.2x) compared to the CA Basic Materials industry average (1.5x).


Future Growth

How is Fab-Form Industries forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

16.2%

Forecasted Materials 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 Fab-Form Industries 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.


Past Performance

How has Fab-Form Industries performed over the past 5 years?

16.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FBF has high quality earnings.

Growing Profit Margin: FBF's current net profit margins (15.4%) are higher than last year (12.8%).


Past Earnings Growth Analysis

Earnings Trend: FBF's earnings have grown by 16.5% per year over the past 5 years.

Accelerating Growth: FBF's earnings growth over the past year (92.7%) exceeds its 5-year average (16.5% per year).

Earnings vs Industry: FBF earnings growth over the past year (92.7%) exceeded the Basic Materials industry 41.3%.


Return on Equity

High ROE: FBF's Return on Equity (26%) is considered high.


Financial Health

How is Fab-Form Industries's financial position?


Financial Position Analysis

Short Term Liabilities: FBF's short term assets (CA$3.2M) exceed its short term liabilities (CA$884.6K).

Long Term Liabilities: FBF's short term assets (CA$3.2M) exceed its long term liabilities (CA$437.1K).


Debt to Equity History and Analysis

Debt Level: FBF is debt free.

Reducing Debt: FBF has no debt compared to 5 years ago when its debt to equity ratio was 33.6%.

Debt Coverage: FBF has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: FBF has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Fab-Form Industries's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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


Stability and Growth of Payments

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

Growing Dividend: Insufficient data to determine if FBF'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 FBF's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.3yrs

Average board tenure


CEO

Rick Fearn (77 yo)

35.83yrs

Tenure

CA$130,421

Compensation

Mr. Richard N. Fearn, also known as Rick founded Fab-Form Industries Ltd. and has been its President and Chief Executive Officer since 1986. Mr. Fearn has invented and patented various aspects of the fabri...


CEO Compensation Analysis

Compensation vs Market: Rick's total compensation ($USD101.99K) is below average for companies of similar size in the Canadian market ($USD164.22K).

Compensation vs Earnings: Rick's compensation has increased by more than 20% in the past year.


Board Members

Experienced Board: FBF's board of directors are considered experienced (3.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: FBF insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Fab-Form Industries Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Fab-Form Industries Ltd.
  • Ticker: FBF
  • Exchange: TSXV
  • Founded: 1986
  • Industry: Construction Materials
  • Sector: Materials
  • Market Cap: CA$7.852m
  • Shares outstanding: 8.82m
  • Website: https://www.fab-form.com

Location

  • Fab-Form Industries Ltd.
  • 1610 Derwent Way
  • Unit 19
  • Delta
  • British Columbia
  • V3M 6W1
  • Canada

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/26 23:08
End of Day Share Price2021/11/25 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.