Finbar Group Limited (FRI) AI Stock Analysis

• Market Cap: AU$231.30M
• Dividend Yield: 11.11%
• Average Volume (3M): 300.04K
• Price to Earnings (P/E): 16.1
• Beta (1Y): 0.11
• Revenue Growth: 47.37%
• EPS Growth: -13.44%
• Country: AU
• Employees: 21
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Development
• EPS (TTM): 0.02
• Shares Outstanding: 272,123,140
• 10 Day Avg. Volume: 243,118
• 30 Day Avg. Volume: 300,036
• PEG Ratio: -1.01
• Price to Book (P/B): 0.79
• Price to Sales (P/S): 0.69
• P/FCF Ratio: 1.09
• 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: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 65 Neutral
• Price Target: AU$1.00 ▲(11.11% Upside)

Finbar Group Limited's overall stock score is driven by strong technical indicators and an attractive dividend yield, despite challenges in financial performance due to declining revenue and profit margins. The stock's valuation is appealing, but caution is advised due to near overbought technical signals.

Positive Factors

Strong Balance Sheet

A strong balance sheet with low leverage enhances financial stability, providing the company with flexibility to invest in new projects and weather economic downturns.

Operational Efficiency

Maintaining a positive EBIT margin despite revenue challenges indicates effective cost management, which is crucial for sustaining profitability in the long term.

Improved Cash Flow

Improved operating cash flow reflects better cash management and operational health, supporting future investments and dividend payments.

Negative Factors

Revenue Decline

A substantial revenue decline poses risks to growth and profitability, potentially impacting the company's ability to fund new projects and maintain market position.

Decreased Profit Margins

Declining profit margins suggest increased cost pressures or pricing challenges, which could hinder future earnings potential and shareholder returns.

Cash Flow Sustainability Concerns

Negative free cash flow growth raises concerns about the company's ability to maintain cash flow improvements, which is critical for ongoing operations and strategic investments.

Finbar Group Limited Business Overview & Revenue Model

Company Description

Finbar Group Limited, through its subsidiaries, develops and invests in properties in Australia. It engages in the development of medium to high density residential buildings and commercial properties, as well as rents its properties. The company was incorporated in 1984 and is based in East Perth, Australia.

How the Company Makes Money

Finbar Group Limited generates revenue primarily through the sale of residential properties, including apartments and mixed-use developments. The company earns income by developing properties and then selling them to individual buyers or investors. Key revenue streams include pre-sales and final sales of residential units, with income recognized upon settlement. Additionally, Finbar may derive revenue from joint ventures and partnerships with other developers and investors, which can enhance project financing and mitigate risks. The company’s focus on sustainable and innovative designs attracts buyers and investors, contributing to its overall financial performance.

Finbar Group Limited Financial Statement Overview

Summary

Finbar Group Limited faces a mixed financial outlook. The income statement shows declining revenue and profit margins, but the balance sheet is strong with low leverage. Cash flow improvements are promising but need to be sustained.

Income Statement

Finbar Group Limited's income statement reveals a challenging period with a significant revenue decline of nearly 30% in the latest year. Gross and net profit margins have decreased, indicating pressure on profitability. However, the company maintains a positive EBIT margin, suggesting some operational efficiency despite the revenue drop.

Balance Sheet

The balance sheet shows a strong equity position with a low debt-to-equity ratio of 0.20, indicating financial stability. However, the return on equity has decreased, reflecting lower profitability. The equity ratio remains healthy, suggesting a solid asset base.

Cash Flow

Cash flow analysis indicates a substantial improvement in operating cash flow, turning positive after a negative period. The free cash flow to net income ratio is nearly 1, showing effective cash generation relative to profits. However, free cash flow growth is negative, highlighting potential challenges in sustaining cash flow improvements.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	284.47M	284.47M	186.14M	33.97M	91.11M	103.39M
Gross Profit	34.34M	34.34M	20.92M	11.50M	16.43M	17.29M
EBITDA	21.99M	21.99M	22.70M	4.36M	8.09M	8.91M
Net Income	14.38M	14.38M	16.60M	3.13M	10.91M	8.85M
Balance Sheet
Total Assets	360.18M	360.18M	704.53M	444.26M	348.13M	345.50M
Cash, Cash Equivalents and Short-Term Investments	36.40M	36.40M	220.15M	18.18M	33.79M	52.74M
Total Debt	50.33M	50.33M	388.77M	177.14M	85.20M	71.48M
Total Liabilities	111.08M	111.08M	448.04M	204.19M	105.40M	102.86M
Stockholders Equity	249.10M	249.10M	256.50M	240.07M	242.73M	242.64M
Cash Flow
Free Cash Flow	179.59M	179.59M	-15.29M	-112.79M	-8.70M	18.04M
Operating Cash Flow	179.63M	179.63M	-15.13M	-112.59M	-8.60M	18.11M
Investing Cash Flow	-20.94M	-18.57M	6.62M	11.11M	-14.82M	5.26M
Financing Cash Flow	-344.81M	-344.81M	211.66M	86.45M	4.03M	-1.36M

Finbar Group Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.90
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:FRI, the sentiment is Positive. The current price of 0.9 is above the 20-day moving average (MA) of 0.90, above the 50-day MA of 0.87, and above the 200-day MA of 0.75, indicating a bullish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 53.66 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:FRI.

Finbar Group Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
FRI	65 Neutral	AU$231.30M	16.10	5.69%	11.11%	47.37%	-13.44%
HGL	51 Neutral	―	―	―	―	4.40%	28.57%
CAQ	41 Neutral	AU$6.46M	―	-5.75%	―	-36.70%	-2150.00%
URF	40 Underperform	AU$198.63M	-9.20	-5.60%	2.62%	-35.85%	35.27%
MPX	38 Underperform	AU$20.47M	-7.87	-13.36%	―	-81.98%	-131.34%
LHM	33 Underperform	―	―	―	―	―	―

Finbar Group Limited Corporate Events

Finbar Completes Settlement for South Perth Development Site

Finbar Group Limited has completed the settlement for a development site at 19–25 Lyall Street, South Perth, which will contribute to its five-year development pipeline valued at over $1.2 billion. The project, with an estimated end value of $187 million, is set to launch in 2026 and complete by mid-2029, strengthening Finbar’s market position and offering substantial growth potential.

Finbar Group: Sustaining Success in WA’s Property Development

Finbar Group Limited, a prominent player in Western Australia’s property development sector, has consistently delivered successful projects, reinforcing its reputation as a trusted developer. With a focus on enhancing inner-city living, the company continues to shape Perth’s urban landscape, impacting stakeholders positively by maintaining a 100% project delivery success rate and achieving over $4 billion in completed projects.

Finbar Group to Participate in Euroz Hartleys Non-Deal Roadshow

Finbar Group Limited, with its impressive track record in property development, is set to participate in a non-deal roadshow hosted by Euroz Hartleys on November 5-6, 2025. This event underscores Finbar’s commitment to maintaining its leadership in the Western Australian market and its focus on sustainable urban development, which is likely to reinforce its strong position among stakeholders.

Finbar Group Secures Approval for $63M Rivervale Apartment Project

Finbar Group Limited has received development approval for a new $63 million project in Rivervale, Western Australia. The project, a joint venture, will feature a 16-level residential tower with 108 apartments, aimed at the mid-range market. This approval reflects Finbar’s strategic positioning in a supply-constrained market and its commitment to delivering affordable housing solutions. The development is well-located near Perth CBD and other amenities, indicating strong demand from both owner-occupiers and investors.

Finbar Group Finalizes $13.68 Million Rivervale Site Sale

Finbar Group Limited has announced that the sale of its Rivervale site for $13.68 million is now unconditional, with settlement expected by mid-October. This transaction is set to enhance the company’s earnings for the first half of the fiscal year 2026, strengthen its balance sheet, and allow for capital recycling into future development projects.

Finbar Group Limited Releases Corporate Governance Statement

Finbar Group Limited has released its corporate governance statement for the financial year ending June 30, 2025, which is available on their website. The statement confirms that the company has adhered to the ASX Corporate Governance Council’s recommendations, ensuring transparency and accountability in its operations. This disclosure is crucial for stakeholders as it highlights the company’s commitment to maintaining robust governance practices, which can enhance investor confidence and support sustainable growth.