Fab-Form (TSE:FBF)
:FBF
Top Page
Fab-Form
(FBF)
Select Model
Select Model
Rating:63Neutral
Price Target:
C$1.00
▼(-17.36% Downside)
Action:ReiteratedDate:03/24/26
The score is primarily supported by the company’s strong, low-risk balance sheet and continued profitability/positive cash generation. Offsetting this are weakened operating momentum (revenue and margin compression) and weak technical trend signals, with valuation also a notable headwind due to the very high P/E. Corporate developments are positive but not enough to fully offset near-term profitability pressure.
Positive Factors
Balance sheet strength
Fab-Form's very low leverage and growing equity provide durable financial flexibility, allowing the company to fund operations, prototypes and strategic initiatives internally. This reduces solvency risk, supports execution through construction cycles, and aids disciplined expansion without relying on external debt.
Negative Factors
Revenue contraction
Revenue has been choppy since 2022 with recent notable declines, reflecting structural weakness in housing demand and tariff impacts. Sustained revenue pressure reduces scale economics, limits reinvestment capacity, and constrains the company's medium-term growth runway.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance sheet strength
Fab-Form's very low leverage and growing equity provide durable financial flexibility, allowing the company to fund operations, prototypes and strategic initiatives internally. This reduces solvency risk, supports execution through construction cycles, and aids disciplined expansion without relying on external debt.
Read all positive factors
Fab-Form (FBF) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$9.08M
Dividend YieldN/A
Average Volume (3M)2.06K
Price to Earnings (P/E)73.7
Beta (1Y)0.06
Revenue Growth4.45%
EPS Growth-27.12%
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryConstruction Materials
Share Statistics
EPS (TTM)<0.01
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. 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 mo...
Fab-Form Financial Statement Overview
Summary
Income Statement
68
Positive
Balance Sheet
90
Very Positive
Cash Flow
63
Positive
| Breakdown | Sep 2025 | Dec 2024 | Dec 2023 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 4.61M | 4.73M | 4.68M | 6.13M | 4.42M |
| Gross Profit | 1.50M | 1.60M | 1.69M | 2.34M | 1.57M |
| EBITDA | 840.58K | 978.00K | 1.23M | 1.86M | 1.17M |
| Net Income | 423.21K | 546.76K | 771.88K | 1.26M | 765.51K |
Balance Sheet | |||||
| Total Assets | 6.89M | 6.72M | 6.06M | 4.76M | 3.39M |
| Cash, Cash Equivalents and Short-Term Investments | 4.27M | 3.63M | 4.10M | 2.85M | 1.52M |
| Total Debt | 70.66K | 130.44K | 117.34K | 418.39K | 528.64K |
| Total Liabilities | 717.75K | 814.11K | 703.27K | 659.84K | 672.15K |
| Stockholders Equity | 6.17M | 5.90M | 5.35M | 4.10M | 2.72M |
Cash Flow | |||||
| Free Cash Flow | 239.04K | 128.43K | 1.23M | 1.50M | 341.60K |
| Operating Cash Flow | 774.34K | 646.95K | 1.37M | 1.63M | 355.75K |
| Investing Cash Flow | 379.68K | -989.83K | -757.52K | -2.20M | -31.36K |
| Financing Cash Flow | -122.44K | -122.44K | -122.44K | -122.44K | -108.26K |
Fab-Form Technical Analysis
Negative
1.21
Price Trends
1.10
Negative
1.10
Negative
1.16
Negative
Market Momentum
-0.02
Negative
40.77
Neutral
19.26
Positive
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 1.02, above the 50-day MA of 1.10, and above the 200-day MA of 1.16, indicating a bearish trend. The MACD of -0.02 indicates Negative momentum. The RSI at 40.77 is Neutral, neither overbought nor oversold. The STOCH value of 19.26 is Positive, 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 |
|---|---|---|---|---|---|---|---|
75 Outperform | C$68.21M | 13.33 | 10.61% | ― | -3.69% | 85.59% | |
65 Neutral | C$410.19M | -10.53 | 8.32% | ― | 2.99% | -12.14% | |
64 Neutral | C$837.26M | 10.20 | 12.47% | 5.85% | 28.20% | 36.95% | |
63 Neutral | C$9.08M | 73.71 | 7.05% | ― | 4.45% | -27.12% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
46 Neutral | C$7.30M | -208.27 | ― | ― | ― | ― |
* Basic Materials Sector Average
TSE:FBF
Fab-Form
0.99
-0.03
-2.94%
TSE:CEMX
Cematrix
0.46
0.26
133.33%
TSE:DBM
Doman Building Materials Group
9.54
3.36
54.29%
TSE:PWER
Minaean SP Construction
0.30
0.23
305.41%
TSE:TBL
Taiga Building Prod
3.80
1.36
55.67%
TSE:BILD
BuildDirect.com Technologies Inc
3.15
1.97
166.95%
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...
Business Operations and StrategyProduct-Related Announcements
Fab-Form Launches Flex-R Sub-Slab System, Bolsters Patent Portfolio
Positive
Feb 24, 2026
Fab-Form Industries has introduced Flex-R, a new advanced concrete sub-slab panel designed to combine insulation, damp-proofing, air and vapour barriers, and radon protection in a single system. The product is engineered to adapt automatically to ...
Business Operations and Strategy
Fab-Form Buys Prime White Rock Site to Showcase Smart, Low-Cost Housing Technologies
Positive
Jan 19, 2026
Fab-Form Industries has acquired a 0.41-acre residential property in a prime coastal neighborhood of White Rock, British Columbia, for approximately $2.45 million as a flagship site to showcase smart, low-cost and sustainable housing solutions. Fu...
Business Operations and Strategy
Fab-Form Sets Up U.S. Fulfillment Hub in Missouri to Accelerate Expansion
Positive
Jan 15, 2026
Fab-Form Industries Ltd. has entered into a third-party logistics and fulfillment agreement with All 3 Pools LLC to establish a U.S. fulfillment hub in Springfield, Missouri, supporting warehousing, storage and related logistics for its expanding ...
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.