Fab-Form (FBF) AI Stock Analysis

• Market Cap: C$9.63M
• Dividend Yield: N/A
• Average Volume (3M): 2.06K
• Price to Earnings (P/E): 19.1
• Beta (1Y): 0.24
• Revenue Growth: 4.45%
• EPS Growth: -27.12%
• Country: CA
• Employees: N/A
• Sector: Services
• Sector Strength: N/A
• 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 ▼(-4.76% 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: Negative
• Last Price: 1.05
• 50DMA: Negative
• 100DMA: Negative
• 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 Negative. The current price of 1.05 is below the 20-day moving average (MA) of 1.06, below the 50-day MA of 1.10, and below the 200-day MA of 1.19, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 45.45 is Neutral, neither overbought nor oversold. The STOCH value of 20.00 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

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
DBM	75 Outperform	C$818.47M	10.53	12.33%	5.94%	28.20%	36.95%
CEMX	73 Outperform	C$51.82M	16.99	8.30%	―	-3.69%	85.59%
FBF	66 Neutral	C$9.63M	19.06	8.59%	―	4.45%	-27.12%
TBL	64 Neutral	C$377.81M	8.51	11.85%	―	2.99%	-12.14%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
DST	43 Neutral	C$7.06M	-1.04	―	―	-27.49%	-32.97%

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.