Fabasoft (XTRA:FAA) - Share price, News & Analysis

FAA fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	5/6
Past Performance	3/6
Financial Health	6/6
Dividends	3/6

FAA Stock Overview

Rewards

Trading at 32.4% below our estimate of its fair value

Earnings are forecast to grow 21.86% per year

Risk Analysis

Dividend of 3.95% is not well covered by earnings

Volatile share price over the past 3 months

Profit margins (12.2%) are lower than last year (18.7%)

Fabasoft Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Fabasoft
Historical stock prices
Current Share Price	€21.50
52 Week High	€48.50
52 Week Low	€20.00
Beta	1.03
1 Month Change	-10.79%
3 Month Change	-33.23%
1 Year Change	-52.75%
3 Year Change	9.97%
5 Year Change	103.31%
Change since IPO	465.39%

Recent News & Updates

Mar 30

Fabasoft (ETR:FAA) Is Investing Its Capital With Increasing Efficiency

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'll want...

Shareholder Returns

	FAA	DE Software	DE Market
7D	0.5%	-1.3%	-0.4%
1Y	-52.7%	-19.5%	-12.4%

Return vs Industry: FAA underperformed the German Software industry which returned -19.5% over the past year.

Return vs Market: FAA underperformed the German Market which returned -12.4% over the past year.

Price Volatility

Is FAA's price volatile compared to industry and market?
FAA volatility
FAA Average Weekly Movement	9.7%
Software Industry Average Movement	7.3%
Market Average Movement	6.3%
10% most volatile stocks in DE Market	10.6%
10% least volatile stocks in DE Market	3.4%

Stable Share Price: FAA is more volatile than 75% of German stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: FAA's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of German stocks.

About the Company

Founded	Employees	CEO	Website
1988	358	Helmut Fallmann	https://www.fabasoft.com

Fabasoft AG, together with its subsidiaries, develops and distributes software products, and provides related services to public and private sector organizations in Austria, Germany, Switzerland, and the United States. The company offers Fabasoft eGov-Suite, an electronic records management solution for the public sector; Fabasoft Folio for digital workflow and enterprise content management system for organizations; Mindbreeze, a big data search solution for a 360-degree view of company information; Fabasoft Approve, a process solution for supplier documentation; Fabasoft Business Process Cloud to digitize cross-company documents and business processes; Xpublisher manages standardized contents for automated multi-channel publishing; and Fabasoft Contracts, a cloud-based contract management software. It also provides Fabasoft app

Fabasoft Fundamentals Summary

How do Fabasoft's earnings and revenue compare to its market cap?
FAA fundamental statistics
Market Cap	€245.85m
Earnings (TTM)	€6.84m
Revenue (TTM)	€55.88m

34.6x

P/E Ratio

4.2x

P/S Ratio

Is FAA overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
FAA income statement (TTM)
Revenue	€55.88m
Cost of Revenue	€32.13m
Gross Profit	€23.75m
Other Expenses	€16.92m
Earnings	€6.84m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

Jun 08, 2022

Earnings per share (EPS)	0.62
Gross Margin	42.50%
Net Profit Margin	12.23%
Debt/Equity Ratio	0%

How did FAA perform over the long term?

See historical performance and comparison

Dividends

4.0%

Current Dividend Yield

138%

Payout Ratio

Valuation

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

Valuation Score

2/6

Valuation Score 2/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

32.4%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: FAA (€21.5) is trading below our estimate of fair value (€31.82)

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

Price To Earnings Ratio

PE vs Industry: FAA is poor value based on its Price-To-Earnings Ratio (34.6x) compared to the German Software industry average (30.3x).

PE vs Market: FAA is poor value based on its Price-To-Earnings Ratio (34.6x) compared to the German market (17.4x).

Price to Earnings Growth Ratio

PEG Ratio: FAA is poor value based on its PEG Ratio (1.6x)

Price to Book Ratio

PB vs Industry: FAA is overvalued based on its Price-To-Book Ratio (10.1x) compared to the DE Software industry average (2.7x).

Future Growth

How is Fabasoft forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

Future Growth Score

5/6

Future Growth Score 5/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

21.9%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: FAA's forecast earnings growth (21.9% per year) is above the savings rate (-0.05%).

Earnings vs Market: FAA's earnings (21.9% per year) are forecast to grow faster than the German market (7.5% per year).

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

Revenue vs Market: FAA's revenue (11.2% per year) is forecast to grow faster than the German market (4.6% per year).

High Growth Revenue: FAA's revenue (11.2% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: FAA's Return on Equity is forecast to be high in 3 years time (31.3%)

Past Performance

How has Fabasoft performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

25.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: FAA has high quality earnings.

Growing Profit Margin: FAA's current net profit margins (12.2%) are lower than last year (18.7%).

Past Earnings Growth Analysis

Earnings Trend: FAA's earnings have grown significantly by 25.2% per year over the past 5 years.

Accelerating Growth: FAA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: FAA had negative earnings growth (-35.6%) over the past year, making it difficult to compare to the Software industry average (15.9%).

Return on Equity

High ROE: FAA's Return on Equity (29.8%) is considered high.

Financial Health

How is Fabasoft's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: FAA's short term assets (€47.3M) exceed its short term liabilities (€31.5M).

Long Term Liabilities: FAA's short term assets (€47.3M) exceed its long term liabilities (€10.6M).

Debt to Equity History and Analysis

Debt Level: FAA is debt free.

Reducing Debt: FAA has not had any debt for past 5 years.

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

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

Balance Sheet

Dividend

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

Dividend Score

2/6

Dividend Score 2/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

3.95%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: FAA's dividend (3.95%) is higher than the bottom 25% of dividend payers in the German market (1.37%).

High Dividend: FAA's dividend (3.95%) is low compared to the top 25% of dividend payers in the German market (4.25%).

Stability and Growth of Payments

Stable Dividend: FAA's dividend payments have been volatile in the past 10 years.

Growing Dividend: FAA's dividend payments have increased over the past 10 years.

Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (138.2%), FAA's dividend payments are not well covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: At its current cash payout ratio (84.6%), FAA's dividend payments are covered by cash flows.

Discover strong dividend paying companies

Management

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

€790k

CEO Compensation

CEO

Helmut Fallmann

no data

Tenure

€790,000

Compensation

Prof. Dipl.-Ing. Helmut Fallmann is a Member of Advisory Board at Mindbreeze GmbH. Prof. Dipl.-Ing. Fallmann serves as a Member of Management Board at Fabasoft AG and serves as its Chairman of Management B...

CEO Compensation Analysis

Compensation vs Market: Helmut's total compensation ($USD847.64K) is about average for companies of similar size in the German market ($USD665.54K).

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

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.

Data	Last Updated (UTC time)
Company Analysis	2022/05/24 00:00
End of Day Share Price	2022/05/24 00:00
Earnings	2021/12/31
Annual Earnings	2021/03/31