-2.09%
-2.90%
3.54%
-15.22%
-14.91%
23.16%
420.00%
AI Spotlight on FAR
Company Description
Foraco International SA, together with its subsidiaries, provides drilling services worldwide.It operates through two segments: Mining and Water.The company offers its drilling services to the mining and energy industry, such as exploration, development, and production related underground water drilling services.
It also drills wells for drinking, irrigation, industrial water, and dewatering wells; and undertakes a range of projects, including village water drilling programs, specialized drilling projects to access mineral water using sanitary protection methods, and large diameter well fields for residential supply in urban environments, as well as provides inspection, servicing, and rehabilitation services for existing wells.As of December 31, 2021, the company operated 302 drill rigs, including 62 rotary drilling rigs, 190 core diamond drilling rigs, 18 combination rigs, and 32 underground rigs.It serves mining companies, governmental organizations, and international development funds.
The company was founded in 1961 and is headquartered in Marseille, France.
Market Data
| Last Price | 2.34 |
| Change Percentage | -2.09% |
| Open | 2.39 |
| Previous Close | 2.39 |
| Market Cap ( Millions) | 232 |
| Volume | 13655 |
| Year High | 3.27 |
| Year Low | 1.83 |
| M A 50 | 2.27 |
| M A 200 | 2.43 |
Financial Ratios
| FCF Yield | 13.95% |
| Dividend Yield | 2.56% |
| ROE | 31.54% |
| Debt / Equity | 115.59% |
| Net Debt / EBIDTA | 113.78% |
| Price To Book | 1.82 |
| Price Earnings Ratio | 5.9 |
| Price To FCF | 7.17 |
| Price To sales | 0.5 |
| EV / EBITDA | 3.45 |
News
- Jan -24 - January 2025 TSX Penny Stocks With Promising Potential
- Dec -26 - Discover 3 TSX Penny Stocks With Market Caps Over CA$100M
- Nov -27 - 3 TSX Penny Stocks With Market Caps Over CA$30M To Watch
- Nov -05 - Foraco International Wins Innovation Award
- Nov -02 - Foraco International Third Quarter 2024 Earnings: EPS Beats Expectations
- Oct -30 - Foraco International reports Q3 2024
- Oct -23 - FORACO PROVIDES NOTICE OF 2024 Q3 RESULTS & CONFERENCE CALL
- Oct -22 - Irving Resources And 2 Other Top TSX Penny Stocks
- Oct -07 - Foraco International (TSE:FAR) shareholders have earned a 41% CAGR over the last five years
- Sep -27 - FORACO ANNOUNCES NORMAL COURSE ISSUER BID
- Sep -24 - Keynotes and 50 Companies to Present at the Planet MicroCap Showcase: VANCOUVER in association with Small Cap Discoveries on September 25-26, 2024 at the Fairmont Waterfront Vancouver
- Sep -19 - While insiders own 36% of Foraco International SA (TSE:FAR), individual investors are its largest shareholders with 60% ownership
- Aug -09 - Foraco International's (TSE:FAR) Conservative Accounting Might Explain Soft Earnings
- Aug -04 - Does This Valuation Of Foraco International SA (TSE:FAR) Imply Investors Are Overpaying?
- Aug -02 - Foraco International reports Q2 2024
- Jul -26 - FORACO PROVIDES NOTICE OF 2024 Q2 RESULTS & CONFERENCE CALL
- May -02 - Foraco International First Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag
- Apr -30 - Foraco International reports Q1 2024
- Apr -26 - China Gold International Resources (TSE:CGG) pulls back 3.5% this week, but still delivers shareholders incredible 41% CAGR over 5 years
- Apr -24 - FORACO PROVIDES NOTICE OF 2024 Q1 RESULTS & CONFERENCE CALL
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Mining
Expected Growth : 5.5 %
What the company do ?
Foraco International SA's mining segment provides drilling services for mineral exploration, mine development, and production to the mining industry globally.
Why we expect these perspectives ?
Growing demand for minerals, increasing investment in exploration and production, and adoption of advanced drilling technologies drive the growth of Foraco International SA's mining segment.
Segment n°2 -> Water
Expected Growth : 5.5 %
What the company do ?
Water from Foraco International SA refers to the provision of water well drilling and maintenance services for oil and gas, mining, and other industries.
Why we expect these perspectives ?
Growing demand for oil and gas, increasing mining activities, and rising need for water conservation in industries drive the growth of water well drilling and maintenance services. Foraco International SA's expertise in water well drilling and maintenance services positions it for success in this growing market.
Foraco International Sa Products
| Product Range | What is it ? |
|---|---|
| Drilling Services | Foraco International SA provides drilling services for mineral exploration, mine development, and production drilling. The company offers a range of drilling methods, including diamond drilling, reverse circulation drilling, and rotary air blast drilling. |
| Blast Hole Drilling | Foraco International SA offers blast hole drilling services for open-pit mining operations. The company's blast hole drilling services include drilling, blasting, and loading of explosives. |
| Water Well Drilling | Foraco International SA provides water well drilling services for municipal, industrial, and agricultural clients. The company's water well drilling services include drilling, testing, and development of water wells. |
| Geotechnical Drilling | Foraco International SA offers geotechnical drilling services for infrastructure projects, such as tunnels, foundations, and dams. The company's geotechnical drilling services include drilling, sampling, and testing of soil and rock formations. |
| Environmental Drilling | Foraco International SA provides environmental drilling services for contaminated soil and groundwater remediation projects. The company's environmental drilling services include drilling, sampling, and monitoring of contaminated sites. |
Foraco International SA's Porter Forces
Threat Of Substitutes
The threat of substitutes for Foraco International SA is moderate due to the availability of alternative drilling services and equipment.
Bargaining Power Of Customers
The bargaining power of customers is low for Foraco International SA as the company operates in a niche market with limited competition, giving customers limited alternatives.
Bargaining Power Of Suppliers
The bargaining power of suppliers is moderate for Foraco International SA as the company relies on a few key suppliers for drilling equipment and services.
Threat Of New Entrants
The threat of new entrants is low for Foraco International SA due to the high barriers to entry in the drilling services market, including significant capital requirements and regulatory hurdles.
Intensity Of Rivalry
The intensity of rivalry is high for Foraco International SA as the company operates in a competitive market with several established players, leading to intense competition for market share.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 53.66% |
| Debt Cost | 10.45% |
| Equity Weight | 46.34% |
| Equity Cost | 10.45% |
| WACC | 10.45% |
| Leverage | 115.79% |
Foraco International SA : Quality Control
Foraco International SA passed 5 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| CAPD.L | Capital Limited, together with its subsidiaries, provides various drilling solutions to customers in the minerals industry. It offers exploration drilling services, including air core, reverse circulation, diamond core, deep hole … |
| GFM.L | Griffin Mining Limited, a mining and investment company, engages in the mining, exploration, and development of mineral properties. The company primarily explores for zinc, gold, silver, lead, and base and … |
| KMR.L | Kenmare Resources plc, together with its subsidiaries, produces and sells mineral sand products in China, Europe, the United States, and internationally. It operates the Moma Titanium Minerals Mine located on … |
| AFM.V | Alphamin Resources Corp., together with its subsidiaries, engages in the extraction, production, and sale of tin concentrates in the Democratic Republic of the Congo. Its flagship property is the Mpama … |
| GSM | Ferroglobe PLC operates in the silicon and specialty metals industry in the United States, Europe, and internationally. It provides silicone chemicals that are used in a range of applications, including … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Kenmare Resources
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Alphamin Resources
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Capital
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Foraco
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Griffin Mining
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