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FAR Ltd (FAR) AI Stock Analysis

AU:FAR

FAR Ltd

(ASX:FAR)

Select Model
Rating:58.7Neutral
Price Target:AUD 0.30â–¼(-0.66% Downside)
Action:reiterated
Date:08/06/26

The stock's moderate score of 58.7 reflects a mix of strengths and weaknesses. The strongest positives are the robust technical uptrend and a debt-free balance sheet, providing financial flexibility. However, the company is not yet profitable and cash flow remains negative, which weighs on the valuation. Investors should monitor the company's progress toward sustainable revenue and margins.

Positive Factors
Very low leverage / conservative debt profileMinimal debt materially lowers financial risk for an exploration & production company. This conservatism preserves optionality to fund exploration or capex, reduces bankruptcy risk in commodity cycles, and gives management time to pursue operational fixes without urgent refinancing pressure.
Negative Factors
Persistent negative operating and free cash flowOngoing cash burn undermines self-funding capacity and forces reliance on external capital or asset sales. That structural cash shortfall increases dilution or refinancing risk, constrains reinvestment in exploration/production, and limits the company's ability to convert growth into durable profits.

FAR Ltd (FAR) vs. iShares MSCI Australia ETF (EWA)

-20%0%20%40%60%80%AU:FAR+67.58%EWA+13.51%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
AUD 19.60M
Dividend Yield
114.75%
Average Volume (3M)
102.17K
Price to Earnings (P/E)
8.7
Beta (1Y)
-0.11
Revenue Growth
-61.42%
EPS Growth
61.26%
Country
Australia
Employees
3
Sector
Energy
Sector Strength
65
Industry
Oil & Gas Exploration & Production

FAR Ltd Business Overview & Revenue Model

Company Description

FAR Limited is an oil and gas firm primarily engaged in exploration and development, with its core activities centered in West Africa and Australia. The company's portfolio includes exploration permits in both Gambia and Guinea-Bissau, in addition to...

FAR Ltd Financial Statement Overview

Summary

FAR Ltd recorded its first revenue in 2025, but still operates at a loss and negative cash flow, though both have narrowed significantly. Balance sheet is strong with no debt and healthy equity. Overall, the company is in transition to profitability, not yet self-sustaining.

Income Statement

35Negative

Balance Sheet

70Positive

Cash Flow

45Neutral
Financial statement breakdown
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue1.02M5.63M0000
Gross Profit1.02M-795.96K0-211.00K-306.00K-368.00K
EBITDA2.69M-1.31M-940.07K-4.52M-4.97M-38.11M
Net Income2.28M-1.03M44.08M-6.54M-5.19M-44.78M
Balance Sheet
Total Assets19.70M41.13M46.95M3.08M52.30M57.05M
Cash, Cash Equivalents and Short-Term Investments1.97M1.93M1.73M2.95M33.72M55.46M
Total Debt0027.93K177.56K612.00K70.74K
Total Liabilities36.68K32.38K86.83K285.32K2.63M17.42M
Stockholders Equity19.67M41.09M46.87M2.79M33.69M39.63M
Cash Flow
Free Cash Flow-540.77K-575.78K-912.36K-4.57M-30.08M-35.18M
Operating Cash Flow-540.77K-575.78K-912.36K-4.57M-30.05M-25.15M
Investing Cash Flow17.28M5.73M2,3711.01M339.00K116.10M
Financing Cash Flow-22.67M-5.00M-158.97K-26.58M-1.04M-58.28M

FAR Ltd Technical Analysis

Technical Analysis SentimentNeutral
Last Price0.30

Price Trends

50DMA0.30Positive
100DMA0.30Positive
200DMA0.27Positive

Market Momentum

MACD0.00Positive
RSI48.54Neutral
STOCH41.67Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:FAR, the sentiment is Neutral. The current price of 0.30 is below the 20-day moving average (MA) of 0.31, above the 50-day MA of 0.30, and above the 200-day MA of 0.27, indicating a neutral trend. The MACD of 0.00 indicates Positive momentum. The RSI at 48.54 is Neutral, neither overbought nor oversold. The STOCH value of 41.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:FAR.

FAR Ltd Peers Comparison

Overall Rating

UnderperformOutperform
Sector (65)

Financial Indicators

AU:FAR against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
AU:PVEAU:PVE77OutperformAUD 106.62M29.0111.69%0.91%-4.85%-29.79%
Sector *65Neutral$15.17B7.614.09%5.20%3.87%-62.32%
AU:FARAU:FAR59NeutralAUD 28.18M8.727.49%114.75%-61.42%61.26%
AU:IVZAU:IVZ55NeutralAUD 108.97M-15.64-4.54%――-22.58%
AU:BRKAU:BRK50NeutralAUD 37.37M-21.47-1.90%―-22.27%-137.78%
AU:CTPAU:CTP45NeutralAUD 39.14M-7.88-13.43%―2.57%-163.46%
AU:KKOAU:KKO41NeutralAUD 51.18M-10.67-6.22%――23.08%

* Energy Sector Average

Performance Comparison

-50%0%50%100%AU:FARAU:BRKAU:PVEAU:IVZAU:CTPAU:KKODec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
AU:FAR and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
AU:FARFAR Ltd0.300.1371.35%
AU:BRKBrookside Energy Limited0.40-0.01-1.25%
AU:PVEPo Valley Energy Limited0.090.0473.58%
AU:IVZInvictus Energy Limited0.06-0.11-64.12%
AU:CTPCentral Petroleum Limited0.05-0.01-17.46%
AU:KKOKinetiko Energy Ltd.0.03-0.04-54.93%

FAR Ltd Corporate Events

FAR Limited boosts shareholder returns as Sangomar contingent payments flow

Jul 30, 2026

Woodside Energy reported strong operating performance at the Sangomar field offshore Senegal in the June quarter, with average daily production of 99 Mbbl/d on a 100% basis and reliability of 99.3%, as reservoir performance continues to exceed expect...

ATO clarifies tax treatment of FAR Ltd’s June capital return

Jul 15, 2026

The Australian Taxation Office has issued a class ruling covering FAR Ltd’s 35-cent-per-share capital return paid in June 2026 to qualifying shareholders on the register as of 3 June. The ruling clarifies that this payment is treated as a retur...

Harvest Lane trims substantial stake in FAR Ltd

Jul 10, 2026

Harvest Lane Asset Management has reduced its substantial shareholding in FAR Ltd, lodging an updated notice of its interest in the ASX-listed oil and gas explorer. The firm now controls 5,500,000 ordinary shares, cutting its voting power from 7.03%...

FAR Limited shareholders back board, pay and capital return at 2026 AGM

May 28, 2026

FAR Limited has released the voting outcomes of its 2026 Annual General Meeting, detailing shareholder decisions on key resolutions including the adoption of the remuneration report, the re-election of director Andrew Lilley, and a proposed capital r...

FAR advances Senegal contingent payouts and settles Woodside claim

May 28, 2026

FAR Limited used its 2026 Annual General Meeting to highlight continued progress in monetizing contingent payments from the 2021 sale of its RSSD Project interest in Senegal to Woodside Energy. The company received a provisional 2024 contingent payme...

FAR Limited appoints new Company Secretary to oversee ASX compliance

May 21, 2026

FAR Limited has announced the appointment of Ms Sonya Tissera as Company Secretary, effective 21 May 2026, following team changes at its corporate secretarial services provider, Vistra (Australia) Pty Ltd. She replaces Mr Michael Sapountzis, who was...

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.

Date of analysis: Aug 06, 2026