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Fab-Form
(FBF)
Select Model
Select Model
Rating:57Neutral
Price Target:
C$1.00
▼(-17.36% Downside)
Action:Reiterated
Date:06/01/26
The score is held back primarily by weakened profitability and notably negative free cash flow, despite a very strong low-debt balance sheet. Technicals are broadly neutral with longer-term averages still above the current price, and valuation appears moderate based on the provided P/E.
Positive Factors
Very low leverage / strong balance sheet
Extremely low debt-to-equity (~0.01) gives Fab-Form durable financial flexibility: it can fund working capital swings, absorb cyclical construction demand, and invest in product development or distribution without immediate refinancing risk, supporting multi-quarter resilience.
Negative Factors
Deeply negative free cash flow
Persistently negative free cash flow (~-$2.64M TTM) reduces internal funding for growth and puts pressure on liquidity despite low debt. Over months this raises execution and funding risk for inventory, capex or expansion initiatives unless cash conversion improves or external financing is secured.
Read all positive and negative factors
Positive Factors
Negative Factors
Very low leverage / strong balance sheet
Extremely low debt-to-equity (~0.01) gives Fab-Form durable financial flexibility: it can fund working capital swings, absorb cyclical construction demand, and invest in product development or distribution without immediate refinancing risk, supporting multi-quarter resilience.
Read all positive factors
Fab-Form (FBF) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$8.53M
Dividend YieldN/A
Average Volume (3M)2.06K
Price to Earnings (P/E)27.3
Beta (1Y)0.04
Revenue Growth0.18%
EPS Growth-52.51%
CountryCA
Employees8
SectorBasic Materials
Sector Strength58
IndustryConstruction Materials
Share Statistics
EPS (TTM)0.03
Shares Outstanding9,174,507
10 Day Avg. Volume3,162
30 Day Avg. Volume2,058
Financial Highlights & Ratios
PEG Ratio-1.08
Price to Book (P/B)1.68
Price to Sales (P/S)2.25
P/FCF Ratio43.37
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Fab-Form Business Overview & Revenue Model
Company Description
Fab-Form Industries Ltd. engages in the design, development, and commercialization of sustainable foundations for the building industry. It is recognized as a prominent manufacturer of concrete forming products. It offers products under the Fastfo...
How the Company Makes Money
Fab-Form makes money by manufacturing and selling its proprietary concrete forming products to construction companies, contractors, and distributors. The company generates revenue through direct sales, licensing agreements, and distribution partne...
Fab-Form Financial Statement Overview
Summary
Income Statement
62
Positive
Balance Sheet
86
Very Positive
Cash Flow
38
Negative
| Breakdown | TTM | Sep 2025 | Dec 2024 | Dec 2023 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 4.62M | 4.61M | 4.73M | 4.68M | 6.13M | 4.42M |
| Gross Profit | 1.46M | 1.50M | 1.60M | 1.69M | 2.34M | 1.57M |
| EBITDA | 676.13K | 840.58K | 978.00K | 1.23M | 1.86M | 1.17M |
| Net Income | 312.85K | 423.21K | 546.76K | 771.88K | 1.26M | 765.51K |
Balance Sheet | ||||||
| Total Assets | 6.61M | 6.89M | 6.72M | 6.06M | 4.76M | 3.39M |
| Cash, Cash Equivalents and Short-Term Investments | 1.66M | 4.27M | 3.63M | 4.10M | 2.85M | 1.52M |
| Total Debt | 40.49K | 70.66K | 130.44K | 117.34K | 418.39K | 528.64K |
| Total Liabilities | 503.52K | 717.75K | 814.11K | 703.27K | 659.84K | 672.15K |
| Stockholders Equity | 6.10M | 6.17M | 5.90M | 5.35M | 4.10M | 2.72M |
Cash Flow | ||||||
| Free Cash Flow | -2.64M | 239.04K | 128.43K | 1.23M | 1.50M | 341.60K |
| Operating Cash Flow | 191.03K | 774.34K | 646.95K | 1.37M | 1.63M | 355.75K |
| Investing Cash Flow | 625.13K | 379.68K | -989.83K | -757.52K | -2.20M | -31.36K |
| Financing Cash Flow | -122.44K | -122.44K | -122.44K | -122.44K | -122.44K | -108.26K |
Fab-Form Technical Analysis
Negative
1.21
Price Trends
0.95
Negative
1.01
Negative
1.07
Negative
Market Momentum
>-0.01
Negative
45.66
Neutral
37.50
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:FBF, the sentiment is Negative. The current price of 1.21 is above the 20-day moving average (MA) of 0.95, above the 50-day MA of 0.95, and above the 200-day MA of 1.07, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 45.66 is Neutral, neither overbought nor oversold. The STOCH value of 37.50 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:FBF.
Fab-Form Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
80 Outperform | C$72.65M | 19.17 | 9.74% | ― | 36.34% | ― | |
63 Neutral | C$1.01B | 12.39 | 12.52% | 5.85% | 8.20% | 26.81% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
57 Neutral | C$8.53M | 27.27 | 7.05% | ― | 0.18% | -52.51% | |
54 Neutral | C$400.47M | 14.36 | 8.32% | ― | -3.64% | -37.97% | |
43 Neutral | C$8.27M | 7.25 | ― | ― | ― | ― |
* Basic Materials Sector Average
TSE:FBF
Fab-Form
0.93
-0.42
-31.11%
TSE:CEMX
Cematrix
0.49
0.18
56.45%
TSE:DBM
Doman Building Materials Group
11.52
3.18
38.13%
TSE:PWER
Minaean SP Construction
0.34
0.14
70.85%
TSE:TBL
Taiga Building Prod
3.71
0.34
10.09%
TSE:BILD
BuildDirect.com Technologies Inc
2.63
1.14
76.51%
Fab-Form Corporate Events
Business Operations and StrategyProduct-Related Announcements
Fab-Form Wins U.S. Patent for Adjustable Concrete Form Support System
Positive
Mar 19, 2026
Fab-Form Industries has secured a U.S. patent for its form support and length-adjustable assembly technology, which underpins its Level-R and Monopour HD adjustable footing bracket systems used in concrete construction. The patented telescoping an...
Business Operations and StrategyFinancial Disclosures
Fab-Form Posts Lower Quarterly Profit but Advances New Concrete Technologies and IP
Negative
Mar 2, 2026
Fab-Form Industries reported a 16.6% year-over-year revenue decline to $859,728 for the quarter ended 31 December 2025, as Canadian housing starts hit a 30-year low and U.S. sales suffered from new tariffs. Net earnings fell 70% to $35,162, though...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.