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FBR

Famous BrandsJSE:FBR Stock Report

Market Cap

R6.9b

7D

-0.8%

1Y

47.7%

Updated

26 Oct, 2021

Data

Company Financials
FBR fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

FBR Overview

Famous Brands Limited, through its subsidiaries, operates as a quick service, fast casual, and casual dining restaurant franchisor.

Famous Brands Competitors

Herfy Food Services

SASE:6002

ر.س4.3b

Price History & Performance

Summary of all time highs, changes and price drops for Famous Brands
Historical stock prices
Current Share PriceR68.03
52 Week HighR41.95
52 Week LowR69.96
Beta1.4
1 Month Change16.27%
3 Month Change26.73%
1 Year Change47.73%
3 Year Change-34.27%
5 Year Change-57.08%
Change since IPO3,480.53%

Recent News & Updates

Oct 14
Capital Allocation Trends At Famous Brands (JSE:FBR) Aren't Ideal

Capital Allocation Trends At Famous Brands (JSE:FBR) Aren't Ideal

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Ideally, a business will...

Shareholder Returns

FBRZA HospitalityZA Market
7D-0.8%2.8%-0.3%
1Y47.7%100.6%19.5%

Return vs Industry: FBR underperformed the ZA Hospitality industry which returned 99.1% over the past year.

Return vs Market: FBR exceeded the ZA Market which returned 19% over the past year.

Price Volatility

Is FBR's price volatile compared to industry and market?
FBR volatility
FBR Beta1.4
Industry Beta1.23
Market Beta1

Stable Share Price: FBR is not significantly more volatile than the rest of ZA stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: FBR's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1969n/aDarren Helehttps://www.famousbrands.co.za

Famous Brands Limited, through its subsidiaries, operates as a quick service, fast casual, and casual dining restaurant franchisor. It operates through Brands, Supply Chain, Corporate, UK, and AME segments. The company operates branded franchised and company-owned restaurants, and master license agreements.

Famous Brands Fundamentals Summary

How do Famous Brands's earnings and revenue compare to its market cap?
FBR fundamental statistics
Market CapR6.93b
Earnings (TTM)-R127.64m
Revenue (TTM)R4.68b

1.5x

P/S Ratio

-53.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
FBR income statement (TTM)
RevenueR4.68b
Cost of RevenueR2.68b
Gross ProfitR2.01b
ExpensesR2.13b
Earnings-R127.64m

Last Reported Earnings

Feb 28, 2021

Next Earnings Date

Oct 27, 2021

Earnings per share (EPS)-1.27
Gross Margin42.83%
Net Profit Margin-2.73%
Debt/Equity Ratio376.4%

How did FBR perform over the long term?

See historical performance and comparison

Valuation

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

25.29x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: FBR (ZAR69.2) is trading above our estimate of fair value (ZAR17.98)

Significantly Below Fair Value: FBR is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: FBR is unprofitable, so we can't compare its PE Ratio to the African Hospitality industry average.

PE vs Market: FBR is unprofitable, so we can't compare its PE Ratio to the ZA market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: FBR is overvalued based on its PB Ratio (25.7x) compared to the ZA Hospitality industry average (2.7x).


Future Growth

How is Famous Brands forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

45.5%

Forecasted Consumer Services 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 Famous Brands 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 Famous Brands performed over the past 5 years?

-49.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FBR is currently unprofitable.

Growing Profit Margin: FBR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: FBR is unprofitable, and losses have increased over the past 5 years at a rate of 49.7% per year.

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

Earnings vs Industry: FBR is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (23.7%).


Return on Equity

High ROE: FBR has a negative Return on Equity (-26.84%), as it is currently unprofitable.


Financial Health

How is Famous Brands's financial position?


Financial Position Analysis

Short Term Liabilities: FBR's short term assets (ZAR1.3B) exceed its short term liabilities (ZAR797.1M).

Long Term Liabilities: FBR's short term assets (ZAR1.3B) do not cover its long term liabilities (ZAR1.8B).


Debt to Equity History and Analysis

Debt Level: FBR's debt to equity ratio (376.4%) is considered high.

Reducing Debt: FBR's debt to equity ratio has increased from 10.9% to 376.4% over the past 5 years.

Debt Coverage: FBR's debt is well covered by operating cash flow (22.9%).

Interest Coverage: FBR's interest payments on its debt are not well covered by EBIT (1.7x coverage).


Balance Sheet


Dividend

What is Famous Brands's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: FBR is not paying a notable dividend for the ZA market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of FBR's dividend in 3 years as they are not forecast to pay a notable one for the ZA market.


Next Steps

Management

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

4.2yrs

Average management tenure


CEO

Darren Hele (49 yo)

5.58yrs

Tenure

R13,149,000

Compensation

Mr. Darren Paul Hele, M.D., B.Com, has been the Chief Executive Officer of Famous Brands Ltd. since March 1, 2016. Mr. Hele served as Chief Executive Officer of Food Services at Famous Brands Ltd.since Ma...


CEO Compensation Analysis

Compensation vs Market: Darren's total compensation ($USD893.89K) is about average for companies of similar size in the ZA market ($USD723.41K).

Compensation vs Earnings: Darren's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: FBR's management team is considered experienced (4.2 years average tenure).


Board Members

Experienced Board: FBR's board of directors are considered experienced (6 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

Famous Brands Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Famous Brands Limited
  • Ticker: FBR
  • Exchange: JSE
  • Founded: 1969
  • Industry: Restaurants
  • Sector: Consumer Services
  • Market Cap: R6.934b
  • Shares outstanding: 100.20m
  • Website: https://www.famousbrands.co.za

Location

  • Famous Brands Limited
  • Halfway House
  • 478 James Crescent
  • Midrand
  • Gauteng
  • South Africa

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 17:03
End of Day Share Price2021/10/26 00:00
Earnings2021/02/28
Annual Earnings2021/02/28


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.