F.F.I. Holdings Ltd. (FFI) AI Stock Analysis

• Market Cap: AU$56.34M
• Dividend Yield: 4.9%
• Average Volume (3M): 1.90K
• Price to Earnings (P/E): 23.5
• Beta (1Y): -0.38
• Revenue Growth: 8.87%
• EPS Growth: -37.25%
• Country: AU
• Employees: 93
• Sector: Consumer Cyclical
• Sector Strength: 57
• Industry: Food Confectioners
• EPS (TTM): 0.17
• Shares Outstanding: 14,155,239
• 10 Day Avg. Volume: 2,533
• 30 Day Avg. Volume: 1,901
• PEG Ratio: 0.35
• Price to Book (P/B): 1.30
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 32.26
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 57 Neutral
• Price Target: ―

F.F.I. Holdings Ltd.'s stock score reflects robust revenue growth and a strong balance sheet, but is hindered by weak cash flow management and moderate profitability. The technical analysis indicates a bearish trend, further impacting the score. The valuation is reasonable, but not enough to offset the other challenges.

F.F.I. Holdings Ltd. Business Overview & Revenue Model

Company Description

FFI Holdings Limited, a food processing company, engages in the processing, manufacture, packaging, and distribution of food products in Australia. The company operates through Bakery and Investment Property segments. It offers bakers' jams and fruit fillings for use in bakery products, including donuts, tarts, sponge cakes, and various post bake applications; fruit mince for use in tarts and slices; patisserie fillings, spreads, and glazes; fresh diced apple; chocolate and confectionery products; cake icings, toppings, and decoration items; and ice creams and desserts. The company also provides ready-to-roll icing and popcorn snack foods for the retail market under the Nemar, Golden Popcorn, and Orchard Icing brand names. In addition, it processes and packages a range of products for the home cooking market sector under the Prepact and Snowflake brands; and provides contract manufacturing and packaging of products for the supermarket, retail and food services industries. It serves bakers and pastry cooks, and supermarkets, as well as ice cream and dairy, confectionery, chocolate, and food services industries. The company was founded in 1979 and is headquartered in Jandakot, Australia.

How the Company Makes Money

FFI generates revenue through various streams primarily related to the entertainment industry. The company earns money by providing completion guarantees, which are financial instruments ensuring that film or television projects are completed on time and within budget. These guarantees are essential for producers seeking financing and distribution deals. Additionally, FFI offers insurance services tailored to the unique risks associated with film and TV production, such as coverage for cast, crew, and equipment. The company also partners with production entities to offer financial solutions, including loans and financial management services, to facilitate project financing and cash flow management. These services are integral to the production process, enabling FFI to earn fees and premiums from its clients within the industry.

F.F.I. Holdings Ltd. Financial Statement Overview

Summary

F.F.I. Holdings Ltd. exhibits strong revenue growth and a stable balance sheet with low leverage. However, profitability is moderate, and cash flow management is challenged by significant capital expenditures, impacting financial flexibility.

Income Statement

F.F.I. Holdings Ltd. has shown strong revenue growth with a 13.1% increase from 2023 to 2024. The gross profit margin stands at 25.1%, and the net profit margin is 3.3% for 2024, indicating moderate profitability. EBIT and EBITDA margins are at 7.3% and 9.3% respectively, suggesting decent operational efficiency. However, the net profit margin has slightly decreased due to higher expenses.

Balance Sheet

The company's balance sheet reflects stability with a debt-to-equity ratio of 0.09, indicating low leverage. The equity ratio is 70.7%, showing strong equity financing. Return on equity (ROE) is 3.9%, which is modest and suggests room for improvement in generating profits from shareholders' equity.

Cash Flow

F.F.I. Holdings Ltd. experienced a decline in free cash flow, turning negative in 2024. The operating cash flow to net income ratio is 1.27, suggesting adequate cash conversion. However, the free cash flow to net income ratio is negative, reflecting significant capital expenditures impacting free cash flow.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
55.17M	52.93M	46.79M	37.21M	36.70M	35.03M
	Gross Profit
23.88M	13.27M	21.53M	17.32M	18.85M	17.61M
	EBIT
10.06M	3.84M	2.28M	5.91M	4.15M	4.05M
	EBITDA
5.25M	4.91M	3.24M	2.48M	4.95M	5.49M
	Net Income Common Stockholders
1.87M	1.74M	1.75M	1.22M	8.72M	3.58M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
90.76K	359.87K	2.69M	705.71K	5.46M	2.18M
	Total Assets
67.03M	63.17M	56.56M	56.37M	54.73M	49.77M
	Total Debt
4.00M	4.00M	0.00	0.00	0.00	0.00
	Net Debt
3.91M	3.64M	-2.69M	-705.71K	-5.46M	-2.18M
	Total Liabilities
21.89M	18.51M	12.32M	13.87M	10.86M	12.16M
	Stockholders Equity
45.14M	44.66M	44.24M	42.50M	43.87M	37.60M
Cash Flow		Free Cash Flow
-5.51M	-5.10M	2.64M	-2.17M	1.58M	377.98K
	Operating Cash Flow
1.90M	2.21M	3.78M	-989.32K	2.90M	2.30M
	Investing Cash Flow
-7.42M	-7.48M	-1.88M	-1.21M	3.04M	4.73M
	Financing Cash Flow
2.66M	2.94M	82.00K	-2.56M	-2.66M	-6.95M

F.F.I. Holdings Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 4.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:FFI, the sentiment is Positive. The current price of 4 is above the 20-day moving average (MA) of 3.86, above the 50-day MA of 3.90, and above the 200-day MA of 3.83, indicating a bullish trend. The MACD of 0.04 indicates Negative momentum. The RSI at 58.53 is Neutral, neither overbought nor oversold. The STOCH value of 42.80 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:FFI.

F.F.I. Holdings Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
EGL	68 Neutral	AU$97.03M	25.20	9.28%	―	19.70%	8.70%
Sector *	62 Neutral	$6.90B	11.05	2.80%	4.27%	2.67%	-24.92%
FFI	57 Neutral	AU$56.34M	23.45	4.15%	4.90%	8.87%	-37.25%
ASAGF		$540.92M	24.83	-0.01%	―	―	―
IH1		€795.83M	14.69	38.76%	5.36%	―	―
B6G		€961.06M	45.26	3.35%	1.97%	―	―

F.F.I. Holdings Ltd. Corporate Events

F.F.I. Holdings Director Increases Shareholding

F.F.I. Holdings Limited has announced a change in the director’s interest notice concerning Robert Darius Fraser. As of April 17, 2025, Mr. Fraser increased his holdings by acquiring 5,093 fully paid ordinary shares through the company’s Dividend Reinvestment Plan, raising his total shareholding to 192,047 shares. This acquisition reflects ongoing engagement with the company’s equity and may signal confidence in the company’s future prospects.

Director Increases Stake in F.F.I. Holdings Ltd.

F.F.I. Holdings Ltd. announced a change in the director’s interest, specifically regarding Rodney Graham Moonen, who increased his holdings by acquiring 89,950 fully paid ordinary shares through the company’s Dividend Reinvestment Plan. This acquisition, valued at $330,120, raises Moonen’s total shareholding to 3,391,156 shares, reflecting a strategic move to strengthen his investment in the company.

FFI Holdings Limited Announces New Securities Quotation

FFI Holdings Limited has announced a new application for the quotation of securities on the Australian Securities Exchange (ASX). The company is set to quote 20,000 ordinary fully paid securities, which were part of a previously announced transaction. This move is expected to enhance the company’s market presence and provide additional liquidity for its stakeholders.

FFI Holdings Updates Dividend Distribution Details

FFI Holdings Limited has announced an update regarding its dividend distribution for its ordinary fully paid securities. The update, dated April 11, 2025, pertains to the Dividend Reinvestment Plan (DRP) price for the six-month period ending December 31, 2024. The record date for this distribution was April 7, 2025, with an ex-date of April 4, 2025. This announcement serves as an amendment to a previous notification made on February 18, 2025.

FFI Holdings Announces Leadership Transition

FFI Holdings Limited has announced a leadership transition with the appointment of Mr. Bret Mathews as the new Chief Executive Officer, effective April 1, 2025. Mr. Mathews, a long-time employee and recently the Group General Manager, has been instrumental in the company’s growth. Mr. Geoffrey Nicholson will retire as Managing Director and transition to a Non-Executive Director role, ensuring continuity in leadership and company culture. These changes are part of a strategic plan to maintain FFI’s success and stability.

F.F.I. Holdings Ltd. Reinstates Dividend Reinvestment Plan

F.F.I. Holdings Ltd. has announced the recommencement of its Dividend Reinvestment Plan (DRP), which had been previously suspended. The DRP will be available for the interim dividend payable on April 17, 2025, with a 5% discount and a price cap of $3.75 per share. Shareholders are encouraged to participate voluntarily, with the deadline for election notices set for April 10, 2025. The company’s directors plan to participate in the DRP, indicating confidence in the initiative, which may enhance shareholder value and engagement.

F.F.I. Holdings Updates Dividend Reinvestment Plan Rules

F.F.I. Holdings Ltd. announced an update to its Dividend Reinvestment Plan (DRP) Rules to reflect a change in share registry provider, with no other alterations made to the rules. This update could indicate a strategic adjustment in their administrative operations, although it maintains current shareholder engagement practices.

FFI Holdings Announces New Dividend Distribution

FFI Holdings Limited announced a new dividend distribution of AUD 0.10 per ordinary fully paid security, covering a six-month period ending on December 31, 2024. The record date for the distribution is set for April 7, 2025, with the payment scheduled for April 17, 2025. This announcement underscores the company’s commitment to sharing profits with its shareholders, potentially enhancing its attractiveness to investors seeking regular income.

F.F.I. Holdings Ltd. Releases Interim Financial Report for December 2024

F.F.I. Holdings Ltd. has released its interim financial report for the half-year ending December 31, 2024. The report outlines the company’s financial performance, including profit or loss, cash flow, and equity changes. This financial disclosure may impact stakeholders by indicating the company’s current financial health and future outlook, affecting investor decisions and market positioning.