Fab-Form Industries (TSXV:FBF) - Share price, News & Analysis

FBF fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	0/6
Past Performance	6/6
Financial Health	6/6
Dividends	0/6

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.

Rewards

Trading at 83.2% below our estimate of its fair value

Earnings grew by 92.7% over the past year

Risk Analysis

Does not have a meaningful market cap (CA$8M)

Does not have meaningful revenue (CA$4M)

Price History & Performance

Summary of all time highs, changes and price drops for Fab-Form Industries
Historical stock prices
Current Share Price	CA$0.89
52 Week High	CA$0.99
52 Week Low	CA$0.34
Beta	0.41
1 Month Change	18.67%
3 Month Change	85.42%
1 Year Change	100.00%
3 Year Change	97.78%
5 Year Change	191.80%
Change since IPO	-70.33%

Recent News & Updates

Sep 29

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?

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

Shareholder Returns

	FBF	CA Basic Materials	CA Market
7D	23.6%	-1.8%	-1.8%
1Y	100.0%	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 Movement	12.6%
Basic Materials Industry Average Movement	4.8%
Market Average Movement	9.4%
10% most volatile stocks in CA Market	17.2%
10% least volatile stocks in CA Market	3.5%

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

Founded	Employees	CEO	Website
1986	n/a	Rick Fearn	https://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 Cap	CA$7.85m
Earnings (TTM)	CA$645.43k
Revenue (TTM)	CA$4.20m

12.2x

P/E Ratio

1.9x

P/S Ratio

Is FBF overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
FBF income statement (TTM)
Revenue	CA$4.20m
Cost of Revenue	CA$2.69m
Gross Profit	CA$1.50m
Expenses	CA$856.57k
Earnings	CA$645.43k

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)	0.073
Gross Margin	35.80%
Net Profit Margin	15.38%
Debt/Equity Ratio	0%

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

Explore strong dividend paying companies in the Materials industry.

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.

Data	Last Updated (UTC time)
Company Analysis	2021/11/26 23:08
End of Day Share Price	2021/11/25 00:00
Earnings	2021/09/30
Annual Earnings	2020/12/31

Market Cap

7D

1Y

Updated

Data