FARO Technologies, Inc. designs, develops, manufactures, markets, and supports software driven three-dimensional (3D) measurement, imaging, and realization solutions worldwide. More Details
Flawless balance sheet with reasonable growth potential.
Share Price & News
How has FARO Technologies's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FARO is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: FARO's weekly volatility (7%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: FARO underperformed the US Electronic industry which returned 70.2% over the past year.
Return vs Market: FARO underperformed the US Market which returned 51.8% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is FARO Technologies's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 year ago | Simply Wall StHow Many FARO Technologies, Inc. (NASDAQ:FARO) Shares Have Insiders Sold, In The Last Year?
1 year ago | Simply Wall StAn Intrinsic Calculation For FARO Technologies, Inc. (NASDAQ:FARO) Suggests It's 26% Undervalued
1 year ago | Simply Wall StHow Does FARO Technologies, Inc. (NASDAQ:FARO) Affect Your Portfolio Volatility?
Is FARO Technologies undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: FARO ($70.01) is trading below our estimate of fair value ($129.22)
Significantly Below Fair Value: FARO is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: FARO is poor value based on its PE Ratio (102.4x) compared to the US Electronic industry average (24.2x).
PE vs Market: FARO is poor value based on its PE Ratio (102.4x) compared to the US market (20.2x).
Price to Earnings Growth Ratio
PEG Ratio: FARO is poor value based on its PEG Ratio (1.6x)
Price to Book Ratio
PB vs Industry: FARO is overvalued based on its PB Ratio (3.6x) compared to the US Electronic industry average (2.7x).
How is FARO Technologies forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FARO's forecast earnings growth (64.8% per year) is above the savings rate (2%).
Earnings vs Market: FARO's earnings (64.8% per year) are forecast to grow faster than the US market (15.4% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: FARO's revenue (12.7% per year) is forecast to grow faster than the US market (9.2% per year).
High Growth Revenue: FARO's revenue (12.7% 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 FARO's Return on Equity is forecast to be high in 3 years time
How has FARO Technologies performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FARO has a large one-off loss of $3.6M impacting its March 31 2021 financial results.
Growing Profit Margin: FARO became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: FARO has become profitable over the past 5 years, growing earnings by -56.9% per year.
Accelerating Growth: FARO has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: FARO has become profitable in the last year, making it difficult to compare its past year earnings growth to the Electronic industry (9.4%).
Return on Equity
High ROE: FARO's Return on Equity (3.5%) is considered low.
How is FARO Technologies's financial position?
Financial Position Analysis
Short Term Liabilities: FARO's short term assets ($304.1M) exceed its short term liabilities ($93.4M).
Long Term Liabilities: FARO's short term assets ($304.1M) exceed its long term liabilities ($55.8M).
Debt to Equity History and Analysis
Debt Level: FARO is debt free.
Reducing Debt: FARO has not had any debt for past 5 years.
Debt Coverage: FARO has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: FARO has no debt, therefore coverage of interest payments is not a concern.
What is FARO Technologies's current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate FARO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate FARO's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if FARO's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if FARO's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of FARO's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Michael Burger (61 yo)
Mr. Michael D. Burger serves as Director at FARO Technologies, Inc. since June 17, 2019. Mr. Burger has been President and Chief Executive Officer of FARO Technologies, Inc. since June 17, 2019. Mr. Burger...
CEO Compensation Analysis
Compensation vs Market: Michael's total compensation ($USD3.51M) is about average for companies of similar size in the US market ($USD3.76M).
Compensation vs Earnings: Michael's compensation has been consistent with company performance over the past year.
Experienced Management: FARO's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Experienced Board: FARO's board of directors are considered experienced (3.4 years average tenure).
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.5%.
FARO Technologies, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: FARO Technologies, Inc.
- Ticker: FARO
- Exchange: NasdaqGS
- Founded: 1981
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Market Cap: US$1.307b
- Shares outstanding: 18.15m
- Website: https://www.faro.com
Number of Employees
- FARO Technologies, Inc.
- 250 Technology Park
- Lake Mary
- United States
FARO Technologies, Inc. designs, develops, manufactures, markets, and supports software driven three-dimensional (3D) measurement, imaging, and realization solutions worldwide. It operates through three se...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/07 03:53|
|End of Day Share Price||2021/05/06 00:00|
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.