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1FC

FACC XTRA:1FC Stock Report

Last Price

€7.64

Market Cap

€349.8m

7D

3.4%

1Y

-15.4%

Updated

16 May, 2022

Data

Company Financials +
1FC fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance0/6
Financial Health4/6
Dividends0/6

1FC Stock Overview

FACC AG, together with its subsidiaries, develops, produces, and maintains aircraft components and systems worldwide.

Rewards

Trading at 28.1% below our estimate of its fair value

Earnings are forecast to grow 53.2% per year

Risk Analysis

No risks detected for 1FC from our risk checks.

FACC Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for FACC
Historical stock prices
Current Share Price€7.64
52 Week High€10.40
52 Week Low€6.66
Beta2.1
1 Month Change-4.38%
3 Month Change-15.67%
1 Year Change-15.39%
3 Year Change-43.91%
5 Year Change13.39%
Change since IPO45.34%

Recent News & Updates

Shareholder Returns

1FCDE Aerospace & DefenseDE Market
7D3.4%-7.3%1.2%
1Y-15.4%18.1%-12.2%

Return vs Industry: 1FC underperformed the German Aerospace & Defense industry which returned 18.1% over the past year.

Return vs Market: 1FC underperformed the German Market which returned -12.2% over the past year.

Price Volatility

Is 1FC's price volatile compared to industry and market?
1FC volatility
1FC Average Weekly Movement6.9%
Aerospace & Defense Industry Average Movement7.7%
Market Average Movement6.4%
10% most volatile stocks in DE Market10.7%
10% least volatile stocks in DE Market3.5%

Stable Share Price: 1FC is not significantly more volatile than the rest of German stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: 1FC's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19812,686Robert Machtlingerhttps://www.facc.com

FACC AG, together with its subsidiaries, develops, produces, and maintains aircraft components and systems worldwide. It operates in three segments: Aerostructures, Engines and Nacelles, and Cabin Interiors. The Aerostructures segment develops, produces, distributes, and repairs structural components.

FACC Fundamentals Summary

How do FACC's earnings and revenue compare to its market cap?
1FC fundamental statistics
Market Cap€349.84m
Earnings (TTM)-€23.51m
Revenue (TTM)€506.93m

0.7x

P/S Ratio

-14.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
1FC income statement (TTM)
Revenue€506.93m
Cost of Revenue€471.09m
Gross Profit€35.84m
Other Expenses€59.35m
Earnings-€23.51m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Aug 17, 2022

Earnings per share (EPS)-0.51
Gross Margin7.07%
Net Profit Margin-4.64%
Debt/Equity Ratio96.8%

How did 1FC perform over the long term?

See historical performance and comparison

Valuation

Is FACC undervalued compared to its fair value and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


28.1%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: 1FC (€7.64) is trading below our estimate of fair value (€10.63)

Significantly Below Fair Value: 1FC is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 1FC is unprofitable, so we can't compare its PE Ratio to the German Aerospace & Defense industry average.

PE vs Market: 1FC is unprofitable, so we can't compare its PE Ratio to the German market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 1FC's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 1FC is good value based on its PB Ratio (1.7x) compared to the DE Aerospace & Defense industry average (3.3x).


Future Growth

How is FACC forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

Future Growth Score

4/6

Future Growth Score 4/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


53.2%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 1FC is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (-0.05%).

Earnings vs Market: 1FC is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: 1FC's is expected to become profitable in the next 3 years.

Revenue vs Market: 1FC's revenue (11.6% per year) is forecast to grow faster than the German market (4.9% per year).

High Growth Revenue: 1FC's revenue (11.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 1FC's Return on Equity is forecast to be low in 3 years time (8.1%).


Past Performance

How has FACC performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-61.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 1FC is currently unprofitable.

Growing Profit Margin: 1FC is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 1FC is unprofitable, and losses have increased over the past 5 years at a rate of 61.7% per year.

Accelerating Growth: Unable to compare 1FC's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 1FC is unprofitable, making it difficult to compare its past year earnings growth to the Aerospace & Defense industry (16.3%).


Return on Equity

High ROE: 1FC has a negative Return on Equity (-11.62%), as it is currently unprofitable.


Financial Health

How is FACC's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: 1FC's short term assets (€314.5M) exceed its short term liabilities (€258.8M).

Long Term Liabilities: 1FC's short term assets (€314.5M) exceed its long term liabilities (€171.7M).


Debt to Equity History and Analysis

Debt Level: 1FC's net debt to equity ratio (58.7%) is considered high.

Reducing Debt: 1FC's debt to equity ratio has increased from 83.2% to 96.8% over the past 5 years.


Balance Sheet


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.

Stable Cash Runway: Whilst unprofitable 1FC has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 1FC is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 32.7% per year.


Dividend

What is FACC current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


0.82%

Forecast Dividend Yield

Dividend Yield vs Market

Notable Dividend: Unable to evaluate 1FC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 1FC'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 1FC's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1FC's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: 1FC is not paying a notable dividend for the German market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as 1FC has not reported any payouts.


Next Steps

Management

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

5.9yrs

Average management tenure


CEO

Robert Machtlinger (54 yo)

8yrs

Tenure

€613,385

Compensation

Mr. Robert Machtlinger has been Chief Executive Officer of FACC AG since February 2017 and serves as its Chairman of Management Board. Mr. Machtlinger and has been Member of Executive Board of FACC AG sinc...


CEO Compensation Analysis

Compensation vs Market: Robert's total compensation ($USD638.15K) is about average for companies of similar size in the German market ($USD894.14K).

Compensation vs Earnings: Robert's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: 1FC's management team is seasoned and experienced (5.9 years average tenure).


Board Members

Experienced Board: 1FC's board of directors are considered experienced (3.9 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

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


Top Shareholders

Company Information

FACC AG's employee growth, exchange listings and data sources


Key Information

  • Name: FACC AG
  • Ticker: 1FC
  • Exchange: XTRA
  • Founded: 1981
  • Industry: Aerospace and Defense
  • Sector: Capital Goods
  • Implied Market Cap: €349.836m
  • Shares outstanding: 45.79m
  • Website: https://www.facc.com

Number of Employees


Location

  • FACC AG
  • Fischerstrasse 9
  • Ried im Innkreis
  • Upper Austria
  • 4910
  • Austria

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/16 00:00
End of Day Share Price2022/05/16 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.