Fab-Form (FBF) AI Stock Analysis

• Market Cap: C$10.46M
• Dividend Yield: N/A
• Average Volume (3M): 2.06K
• Price to Earnings (P/E): 21.2
• Beta (1Y): 0.12
• Revenue Growth: 4.45%
• EPS Growth: -27.12%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Construction Materials
• EPS (TTM): N/A
• Shares Outstanding: 9,174,507
• 10 Day Avg. Volume: 3,162
• 30 Day Avg. Volume: 2,058
• PEG Ratio: -0.78
• Price to Book (P/B): 2.10
• Price to Sales (P/S): 2.62
• P/FCF Ratio: 96.44
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 66 Neutral
• Price Target: C$1.00 ▼(-17.36% Downside)

Fab-Form's overall stock score is driven by strong financial performance, particularly in revenue growth and profitability. The technical analysis indicates a bearish trend, which is a concern. Valuation is reasonable, but the lack of a dividend yield may deter some investors. The absence of earnings call and corporate events data limits further insights.

Positive Factors

Strong Balance Sheet

A strong balance sheet with minimal leverage indicates financial stability and low risk, providing a solid foundation for future growth and resilience against economic downturns.

Efficient Cost Management

Consistent gross profit margins reflect effective cost management, which supports profitability and competitive pricing, enhancing long-term business sustainability.

Innovative Product Offering

Fab-Form's focus on innovative construction solutions positions it well in the market, potentially driving demand and differentiating it from competitors, fostering long-term growth.

Negative Factors

Declining Profitability

Decreasing net profit margins indicate challenges in maintaining profitability, which could impact reinvestment capabilities and shareholder returns over time.

Inconsistent Revenue Growth

Inconsistent revenue growth can hinder strategic planning and investment, affecting the company's ability to capitalize on market opportunities and sustain long-term growth.

Decline in Free Cash Flow

A sharp decline in free cash flow limits the company's ability to invest in growth initiatives, pay down debt, and return capital to shareholders, impacting future financial flexibility.

Fab-Form Business Overview & Revenue Model

Company Description

Fab-Form Industries Ltd. develops, manufactures, and distributes technology to form concrete footings, columns, foundations, and walls for building structures in Canada. Its product portfolio includes bracing, fastfoot, fast-pad, fast-tube, and monopour products. The company also distributes Helix micro rebars; and Nudura insulating concrete forms. Fab-Form Industries Ltd. was founded in 1986 and is headquartered in Delta, Canada.

How the Company Makes Money

Fab-Form generates revenue primarily through the sale of its construction products, including insulated concrete forms and other formwork solutions. The company utilizes a direct sales model, as well as partnerships with distributors and retailers, to reach a broader market. Key revenue streams include bulk sales to construction companies, recurring orders from contractors for ongoing projects, and custom solutions tailored to specific client needs. Additionally, FBF may benefit from strategic partnerships with construction firms and architects, which can lead to increased sales opportunities and market expansion. The company's commitment to innovation and quality also enhances its brand reputation, contributing to customer loyalty and repeat business.

Fab-Form Financial Statement Overview

Summary

Fab-Form demonstrates a stable financial position with low leverage and a strong equity base. However, declining profitability and inconsistent revenue growth pose challenges. The significant drop in free cash flow growth is a concern, potentially affecting future financial flexibility.

Income Statement

Fab-Form's income statement shows a stable gross profit margin around 33-38% over the years, indicating efficient cost management. However, the net profit margin has decreased from 20.5% in 2022 to 11.5% in 2025, suggesting declining profitability. Revenue growth has been inconsistent, with a notable decline in 2023. The EBIT and EBITDA margins have also shown a downward trend, reflecting potential operational challenges.

Balance Sheet

The balance sheet is strong with a low debt-to-equity ratio of 0.022 in 2025, indicating minimal leverage and financial risk. The return on equity has decreased from 30.7% in 2022 to 9.3% in 2025, suggesting reduced efficiency in generating profits from equity. The equity ratio remains healthy, reflecting a solid capital structure.

Cash Flow

Cash flow analysis reveals a significant decline in free cash flow growth, dropping by 86.18% in 2025, which could impact future investments. The operating cash flow to net income ratio is 0.86, indicating moderate cash generation from operations. The free cash flow to net income ratio has also decreased, suggesting reduced cash conversion efficiency.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	4.78M	4.73M	4.68M	6.13M	4.42M	2.63M
Gross Profit	1.57M	1.60M	1.69M	2.34M	1.57M	840.08K
EBITDA	959.30K	978.00K	1.23M	1.86M	1.17M	409.26K
Net Income	505.44K	546.76K	771.88K	1.26M	765.51K	220.15K
Balance Sheet
Total Assets	6.95M	6.72M	6.06M	4.76M	3.39M	2.66M
Cash, Cash Equivalents and Short-Term Investments	4.40M	3.63M	4.10M	2.85M	1.52M	1.30M
Total Debt	100.64K	130.44K	117.34K	418.39K	528.64K	520.06K
Total Liabilities	815.75K	814.11K	703.27K	659.84K	672.15K	855.26K
Stockholders Equity	6.14M	5.90M	5.35M	4.10M	2.72M	1.81M
Cash Flow
Free Cash Flow	225.66K	128.43K	1.23M	1.50M	341.60K	504.11K
Operating Cash Flow	674.76K	646.95K	1.37M	1.63M	355.75K	518.61K
Investing Cash Flow	-952.21K	-989.83K	-757.52K	-2.20M	-31.36K	976.00
Financing Cash Flow	-122.44K	-122.44K	-122.44K	-122.44K	-108.26K	-98.08K

Fab-Form Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.21
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:FBF, the sentiment is Positive. The current price of 1.21 is above the 20-day moving average (MA) of 1.14, above the 50-day MA of 1.10, and above the 200-day MA of 1.19, indicating a neutral trend. The MACD of 0.03 indicates Negative momentum. The RSI at 53.73 is Neutral, neither overbought nor oversold. The STOCH value of 6.82 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:FBF.

Fab-Form Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
DBM	76 Outperform	C$866.66M	11.15	12.33%	5.85%	28.20%	36.95%
CEMX	73 Outperform	C$52.57M	17.23	8.30%	―	-3.69%	85.59%
FBF	66 Neutral	C$10.46M	21.23	8.59%	―	4.45%	-27.12%
TBL	64 Neutral	C$381.04M	8.43	11.85%	―	2.99%	-12.14%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
PWER	54 Neutral	C$11.43M	9.50	―	―	―	―

Fab-Form Corporate Events

Fab-Form Industries Reports Modest Revenue Growth Amid Expansion Efforts

Fab-Form Industries Ltd. reported a modest revenue growth of 3.16% for the quarter ended September 30, 2025, driven by increased sales of Fastfoot, Fast-Tube, Helix, and Insulated Concrete Forms accessories. Despite stable gross profit, the company faced a decline in net earnings by 14.85% due to increased operating expenses linked to its expansion strategy. The company maintains strong liquidity with cash and short-term investments totaling over $4 million, and remains financially stable with minimal liabilities. Fab-Form is also actively showcasing its innovative products at the Big 5 Global event in Dubai, highlighting its commitment to market expansion and product innovation.

Fab-Form Industries Reports 2025 Financial Results Amid Challenging Market Conditions

Fab-Form Industries Ltd. reported its financial results for the year ending June 30, 2025, showing a slight revenue increase despite challenging macroeconomic conditions, including flat housing starts in Canada and increased US tariffs on steel. The company’s revenue grew by 1.09% due to increased sales of Fastfoot and ICF, although operating expenses rose significantly, leading to a 28.64% decline in earnings from operations. Fab-Form remains financially stable with no debt and is actively expanding its product offerings, such as the Fast Tube® 2.0 and KLiP, to new international markets, including successful tests and dealership establishment in Nigeria. These efforts aim to tap into the massive potential of markets like Africa, which faces a significant housing shortage.