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FOS Capital Ltd
(Sydney:FOS)
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Rating:47Neutral
Price Target:
AU$0.11
▼(-54.80% Downside)
Action:Reiterated
Date:08/30/26
The score is held down primarily by the 2026 deterioration in profitability and the swing to negative operating/free cash flow, which increases financial risk. Technical signals are mixed-to-weak (negative MACD, neutral RSI), offering limited support. Valuation is somewhat supported by the high dividend yield, but a negative P/E (loss-making) tempers confidence.
Positive Factors
Historical revenue expansion
The multi-year revenue expansion through 2025 indicates that FOS Capital had previously demonstrated an ability to scale its business and grow market activity. Although momentum reversed in 2026, that established operating base can support recovery if demand and execution improve.
Negative Factors
Revenue contraction
The 2026 revenue decline interrupts the company’s earlier expansion and signals weaker demand, reduced activity, or execution pressure. If the contraction persists, it can limit operating leverage, reduce resources available for investment, and make a return to growth more difficult.
Read all positive and negative factors
Positive Factors
Negative Factors
Historical revenue expansion
The multi-year revenue expansion through 2025 indicates that FOS Capital had previously demonstrated an ability to scale its business and grow market activity. Although momentum reversed in 2026, that established operating base can support recovery if demand and execution improve.
Read all positive factors
FOS Capital Ltd (FOS) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$9.80M
Dividend Yield8.33%
Average Volume (3M)17.89K
Price to Earnings (P/E)―
Beta (1Y)0.40
Revenue Growth-12.06%
EPS Growth-318.02%
CountryAU
Employees75
SectorIndustrials
Sector Strength72
IndustryElectrical Equipment & Parts
Share Statistics
EPS (TTM)-0.04
Shares Outstanding81,651,146
10 Day Avg. Volume22,247
30 Day Avg. Volume17,885
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)0.61
Price to Sales (P/S)0.30
P/FCF Ratio-47.17
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
FOS Capital Ltd Business Overview & Revenue Model
Company Description
FOS Capital Limited, operating through its subsidiaries, is a manufacturer and distributor of diverse lighting solutions across Australia and New Zealand. These offerings include commercial luminaires, outdoor fittings, linear extruded lighting, a...
FOS Capital Ltd Financial Statement Overview
Summary
Income Statement
44
Neutral
Balance Sheet
57
Neutral
Cash Flow
38
Negative
| Breakdown | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 22.42M | 25.49M | 24.53M | 17.12M | 13.51M |
| Gross Profit | 7.65M | 11.28M | 9.15M | 5.79M | 5.72M |
| EBITDA | 897.05K | 3.44M | 2.46M | 1.58M | 1.29M |
| Net Income | -2.57M | 932.65K | 632.16K | 583.94K | 348.94K |
Balance Sheet | |||||
| Total Assets | 22.01M | 25.67M | 21.78M | 13.62M | 11.79M |
| Cash, Cash Equivalents and Short-Term Investments | 976.91K | 2.50M | 1.68M | 1.41M | 1.89M |
| Total Debt | 5.73M | 6.72M | 5.20M | 1.09M | 1.46M |
| Total Liabilities | 10.90M | 11.55M | 11.87M | 4.34M | 4.25M |
| Stockholders Equity | 11.11M | 14.12M | 9.91M | 9.29M | 7.54M |
Cash Flow | |||||
| Free Cash Flow | -144.79K | 2.29M | 949.96K | -347.76K | 609.17K |
| Operating Cash Flow | -105.62K | 2.30M | 1.01M | -115.56K | 704.63K |
| Investing Cash Flow | 210.83K | -4.32M | -2.33M | -830.45K | -849.76K |
| Financing Cash Flow | -1.45M | 2.81M | 1.59M | 441.96K | -831.95K |
FOS Capital Ltd Technical Analysis
Negative
0.25
Price Trends
0.13
Negative
0.13
Negative
0.15
Negative
Market Momentum
>-0.01
Positive
42.99
Neutral
46.67
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:FOS, the sentiment is Negative. The current price of 0.25 is above the 20-day moving average (MA) of 0.13, above the 50-day MA of 0.13, and above the 200-day MA of 0.15, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 42.99 is Neutral, neither overbought nor oversold. The STOCH value of 46.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:FOS.
FOS Capital Ltd Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
55 Neutral | AU$89.63M | -18.83 | -14.96% | ― | ― | 23.76% | |
47 Neutral | AU$9.80M | -3.20 | -21.18% | 8.33% | -12.06% | -318.02% | |
44 Neutral | AU$97.79M | -0.49 | -63.44% | ― | -53.32% | -5.22% | |
44 Neutral | AU$7.44M | -1.79 | -73.44% | ― | ― | -5.93% | |
34 Underperform | AU$3.35M | -4.06 | 76.30% | ― | ― | 99.03% |
* Industrials Sector Average
AU:FOS
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0.10
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0.15
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-61.94%
FOS Capital Ltd Corporate Events
FOS Capital Seeks ASX Quotation for 12.9 Million New Shares
Sep 16, 2026
FOS Capital Ltd has lodged an application with the ASX for quotation of 12,916,672 ordinary fully paid shares, with an issue date of September 17, 2026. The securities to be quoted stem from previously announced transactions, signaling a material ...
FOS Capital Launches Share Purchase Plan for Existing Investors
Sep 9, 2026
FOS Capital Limited has released a Share Purchase Plan booklet outlining the terms under which eligible shareholders in Australia and New Zealand can subscribe for new shares. The document details key dates, eligibility criteria, pricing mechanics...
FOS Capital Corrects Share Issue Date in Securities Purchase Plan Update
Sep 9, 2026
FOS Capital Ltd, listed on the Australian Securities Exchange under the code FOS, operates as a public company undertaking regulated securities issuance and capital-raising activities. It follows ASX Listing Rules to manage offers of new shares to...
FOS Capital Plans ASX-Quoted Share Placement to Boost Equity Base
Sep 9, 2026
FOS Capital Ltd has notified the ASX of a proposed placement of up to 12,916,667 ordinary fully paid shares, with a planned issue date of September 17, 2026. The company has applied for quotation of the new securities, signalling an intention to e...
FOS Capital Launches Securities Purchase Plan to Issue New Shares
Sep 9, 2026
FOS Capital Ltd has announced a proposed issue of ordinary fully paid shares under a securities purchase plan. The company has applied to the ASX for the quotation of the new securities in accordance with listing requirements.The plan contemplates...
FOS Capital Plans New Share Placement on ASX
Sep 9, 2026
FOS Capital Ltd, an ASX-listed company trading under the code FOS, is a public issuer of ordinary fully paid shares on the Australian Securities Exchange. As a regulated participant in Australia’s capital markets, it follows ASX Listing Rule...
FOS Capital raises $1.86m via placement and launches SPP to fund growth
Sep 9, 2026
FOS Capital Limited has secured firm commitments for a $1.86 million share placement to institutional and sophisticated investors at $0.12 per share, a discount to its recent trading levels. Directors will also participate, subject to shareholder ...
FOS Capital Seeks Trading Halt Ahead of Planned Capital Raising
Sep 6, 2026
FOS Capital Ltd has requested a trading halt in its ordinary shares on the Australian Securities Exchange, effective from 7 September 2026, pending the release of an announcement. The halt is expected to last until either the company provides deta...
FOS Capital Signals Profit Recovery on Strong Q1 and Infrastructure Pipeline
Sep 2, 2026
FOS Capital Limited has reported an expected Q1 FY27 revenue of $7.2 million and EBITDA of $0.5 million, which would mark the second strongest quarterly sales result in its history and signal a return to profitability. The performance is driven by...
FOS Capital Files Updated ASX Corporate Governance Disclosures
Aug 25, 2026
FOS Capital Limited has confirmed that its corporate governance statement for the year ended 30 June 2026 is current and approved by the board, and is accessible on its website in accordance with ASX Listing Rule requirements. The company has lodg...
FOS Capital Publishes 2026 Annual Report
Aug 25, 2026
FOS Capital Ltd has released its 2026 Annual Report, providing shareholders with a comprehensive overview of the company’s financial performance and position. The report includes the directors’ report, consolidated financial statements...
FOS Capital Swings to Loss as Revenue Falls and Dividends Halted
Aug 25, 2026
FOS Capital Limited reported weaker fundamentals for the year to 30 June 2026, with net tangible asset backing per share falling to 5.8 cents from 9.1 cents, while the share count rose to 68.7 million and the group structure remained unchanged, wi...
FOS Capital Updates Auditor as It Pursues Growth in Fragmented Lighting Market
Aug 5, 2026
FOS Capital Limited, a founder-led Australian manufacturer and distributor of commercial, industrial and architectural lighting solutions, owns 17 brands and operates two manufacturing facilities in Brisbane and Sydney. Since listing in June 2021,...
FOS Capital Wins $1m Monash Medical Clinic Lighting Contract, Lifts Order Book to $10m
Jul 6, 2026
FOS Capital has secured a major healthcare lighting contract for the Monash Medical Clinic Tower Expansion in Victoria, valued at about $1 million and to be delivered over the next 12 months. The mandate reinforces FOS’s role as a trusted su...
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.