Fab-Form (FBF) AI Stock Analysis

• Market Cap: C$11.61M
• Dividend Yield: N/A
• Average Volume (3M): 2.25K
• Price to Earnings (P/E): 16.5
• Beta (1Y): 0.12
• Revenue Growth: -0.82%
• EPS Growth: -25.68%
• Country: CA
• Employees: N/A
• Sector: Industrials
• Sector Strength: 90
• Industry: Construction Materials
• EPS (TTM): <0.01
• Shares Outstanding: 9,174,507
• 10 Day Avg. Volume: 1,839
• 30 Day Avg. Volume: 2,252
• PEG Ratio: -0.90
• Price to Book (P/B): 2.06
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 9.20
• 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: 68 Neutral
• Price Target: ―

Fab-Form's overall stock score reflects its solid financial performance and stable balance sheet, offset by mixed technical signals and moderate valuation. The lack of dividend yield and absence of recent earnings call or corporate events data contribute to a balanced but cautious outlook.

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 makes money through the sale of its proprietary formwork systems, which are utilized in various construction projects to create concrete structures. The company's revenue model is primarily based on the direct sales of these products to construction companies and contractors. Fab-Form may also generate additional income through licensing agreements and partnerships with distributors who help in expanding its market reach. Key factors contributing to its earnings include continued innovation in product design, a focus on sustainable materials, and strategic relationships with industry stakeholders.

Fab-Form Financial Statement Overview

Summary

Fab-Form is financially stable with strong profitability and a commendable balance sheet position. The company shows a consistent increase in gross profit and net profit margins, a low debt-to-equity ratio, and positive cash flow despite some volatility in free cash flow growth.

Income Statement

Fab-Form shows a strong performance in profitability with a consistent increase in gross profit and net profit margins over the years. The revenue has shown volatility but a significant growth from 2020 to 2022. EBIT and EBITDA margins reflect solid operational efficiency.

Balance Sheet

The company maintains a robust balance sheet with a low debt-to-equity ratio, indicating a conservative leverage approach. The high equity ratio highlights strong capitalization, and the return on equity is commendable, showing effective use of shareholder funds.

Cash Flow

Fab-Form's cash flow situation is healthy, with positive free cash flow and a solid operating cash flow to net income ratio. However, free cash flow growth has been inconsistent, reflecting potential volatility in operational cash generation.

Breakdown
Jun 2024	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
4.68M	6.13M	4.42M	2.63M	2.89M
	Gross Profit
1.69M	2.34M	1.57M	840.08K	887.83K
	EBIT
887.47K	1.73M	1.05M	301.14K	484.02K
	EBITDA
1.23M	1.86M	1.17M	409.26K	599.73K
	Net Income Common Stockholders
771.88K	1.26M	765.51K	220.15K	346.54K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
4.10M	2.85M	1.52M	1.30M	878.15K
	Total Assets
6.06M	4.76M	3.39M	2.66M	1.95M
	Total Debt
117.34K	418.39K	528.64K	520.06K	153.82K
	Net Debt
-918.22K	-413.51K	-987.16K	-779.60K	-724.34K
	Total Liabilities
703.27K	659.84K	672.15K	855.26K	356.71K
	Stockholders Equity
5.35M	4.10M	2.72M	1.81M	1.59M
Cash Flow		Free Cash Flow
1.23M	1.50M	341.60K	504.11K	480.53K
	Operating Cash Flow
1.37M	1.63M	355.75K	518.61K	515.76K
	Investing Cash Flow
-757.52K	-2.20M	-31.36K	976.00	-39.57K
	Financing Cash Flow
-122.44K	-122.44K	-108.26K	-98.08K	-99.00K

Fab-Form Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.25
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

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 1.25 is above the 20-day moving average (MA) of 1.20, above the 50-day MA of 1.14, and below the 200-day MA of 1.37, indicating a neutral trend. The MACD of 0.04 indicates Negative momentum. The RSI at 59.53 is Neutral, neither overbought nor oversold. The STOCH value of 72.06 is Neutral, 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	71 Outperform	C$721.05M	11.36	10.01%	6.82%	14.87%	-16.06%
TBL	69 Neutral	C$412.35M	9.23	10.18%	―	-1.45%	-26.19%
FBF	68 Neutral	C$11.61M	16.49	13.04%	―	-0.82%	-25.68%
CEMX	66 Neutral	C$39.12M	200.00	-2.97%	―	-38.50%	-131.12%
Sector *	64 Neutral	$4.39B	11.81	5.17%	249.38%	3.98%	-12.17%
DST	43 Neutral	C$5.14M	―	23.34%	―	-41.98%	-123.77%
BILD		C$58.86M	―	-33.55%	―	―	―

Fab-Form Corporate Events

Fab-Form Navigates Revenue Drop with Innovative Growth

Fab-Form Industries Ltd. reported a 6.9% decline in quarterly revenue due to reduced housing starts, despite maintaining a strong annualized return on equity. The company saw exceptional growth in its Fast-Tube product and completed key milestones, including patent applications for new products. With solid cash flow and investments, Fab-Form remains well-capitalized to handle future uncertainties.

Fab-Form Industries Unveils Innovative Fabric Column Form

Fab-Form Industries Ltd has filed a patent for a new method of installing its fabric column form, Fast-Tube, featuring a key component called KLiP that ensures correct alignment and eliminates column wrinkling. This advancement aims to improve the product’s ease of use and reliability, facilitating global adoption. The company will showcase these innovations at the World of Concrete trade show in January 2025.

Fab-Form Reveals Annual Results and New Products

Fab-Form Industries reported a significant annual decline in revenue and earnings, driven by a sharp drop in housing starts, though it maintained a robust return on shareholders’ equity. The company is optimistic about its new product launches and innovations, which include the finalization of Level-R and Monopour HD prototypes and the development of SPACE-R, a trademarked column stirrup product.

Fab-Form Unveils New Construction Innovations

Fab-Form Industries Ltd. has announced the completion of prototypes for its new footing brackets, Level-R and Monopour HD, and has filed patent and trademark applications. The company is set to showcase these innovative products, designed to enhance construction efficiency, at the World of Concrete event in January 2025.