Finbar Group Limited (FRI) AI Stock Analysis

• Market Cap: AU$231.30M
• Dividend Yield: 11.24%
• Average Volume (3M): 300.04K
• Price to Earnings (P/E): 16.1
• Beta (1Y): 0.11
• Revenue Growth: 47.37%
• EPS Growth: -13.44%
• Country: AU
• Employees: 21
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Development
• EPS (TTM): 0.02
• Shares Outstanding: 272,123,140
• 10 Day Avg. Volume: 243,118
• 30 Day Avg. Volume: 300,036
• PEG Ratio: -1.01
• Price to Book (P/B): 0.79
• Price to Sales (P/S): 0.69
• P/FCF Ratio: 1.09
• 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: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 65 Neutral
• Price Target: AU$1.00 ▲(12.36% Upside)

Finbar Group Limited's overall stock score is driven by a strong balance sheet and attractive dividend yield, offset by declining revenue and profit margins. Technical indicators suggest positive momentum, supporting a moderately favorable outlook.

Finbar Group Limited Business Overview & Revenue Model

Company Description

Finbar Group Limited, through its subsidiaries, develops and invests in properties in Australia. It engages in the development of medium to high density residential buildings and commercial properties, as well as rents its properties. The company was incorporated in 1984 and is based in East Perth, Australia.

How the Company Makes Money

Finbar Group Limited generates revenue primarily through the sale of residential properties, including apartments and mixed-use developments. The company earns income by developing properties and then selling them to individual buyers or investors. Key revenue streams include pre-sales and final sales of residential units, with income recognized upon settlement. Additionally, Finbar may derive revenue from joint ventures and partnerships with other developers and investors, which can enhance project financing and mitigate risks. The company’s focus on sustainable and innovative designs attracts buyers and investors, contributing to its overall financial performance.

Finbar Group Limited Financial Statement Overview

Summary

Finbar Group Limited shows a mixed financial performance. The income statement indicates a significant revenue decline and decreased profit margins, but the company maintains operational efficiency with a positive EBIT margin. The balance sheet is strong with low leverage, and cash flow has improved, though sustainability is a concern.

Income Statement

Finbar Group Limited's income statement reveals a challenging period with a significant revenue decline of nearly 30% in the latest year. Gross and net profit margins have decreased, indicating pressure on profitability. However, the company maintains a positive EBIT margin, suggesting some operational efficiency despite the revenue drop.

Balance Sheet

The balance sheet shows a strong equity position with a low debt-to-equity ratio of 0.20, indicating financial stability. However, the return on equity has decreased, reflecting lower profitability. The equity ratio remains healthy, suggesting a solid asset base.

Cash Flow

Cash flow analysis indicates a substantial improvement in operating cash flow, turning positive after a negative period. The free cash flow to net income ratio is nearly 1, showing effective cash generation relative to profits. However, free cash flow growth is negative, highlighting potential challenges in sustaining cash flow improvements.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	284.47M	284.47M	186.14M	33.97M	91.11M	103.39M
Gross Profit	34.34M	34.34M	20.92M	11.50M	16.43M	17.29M
EBITDA	21.99M	21.99M	22.70M	4.36M	8.09M	8.91M
Net Income	14.38M	14.38M	16.60M	3.13M	10.91M	8.85M
Balance Sheet
Total Assets	360.18M	360.18M	704.53M	444.26M	348.13M	345.50M
Cash, Cash Equivalents and Short-Term Investments	36.40M	36.40M	220.15M	18.18M	33.79M	52.74M
Total Debt	50.33M	50.33M	388.77M	177.14M	85.20M	71.48M
Total Liabilities	111.08M	111.08M	448.04M	204.19M	105.40M	102.86M
Stockholders Equity	249.10M	249.10M	256.50M	240.07M	242.73M	242.64M
Cash Flow
Free Cash Flow	179.59M	179.59M	-15.29M	-112.79M	-8.70M	18.04M
Operating Cash Flow	179.63M	179.63M	-15.13M	-112.59M	-8.60M	18.11M
Investing Cash Flow	-20.94M	-18.57M	6.62M	11.11M	-14.82M	5.26M
Financing Cash Flow	-344.81M	-344.81M	211.66M	86.45M	4.03M	-1.36M

Finbar Group Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.89
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:FRI, the sentiment is Positive. The current price of 0.89 is above the 20-day moving average (MA) of 0.85, above the 50-day MA of 0.82, and above the 200-day MA of 0.74, indicating a bullish trend. The MACD of 0.02 indicates Negative momentum. The RSI at 64.54 is Neutral, neither overbought nor oversold. The STOCH value of 53.73 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:FRI.

Finbar Group Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
FRI	65 Neutral	AU$231.30M	16.10	5.69%	11.24%	47.37%	-13.44%
HGL	51 Neutral	―	―	―	―	4.40%	28.57%
URF	44 Neutral	AU$198.63M	-9.20	-5.60%	2.64%	-35.85%	35.27%
CAQ	41 Neutral	AU$6.46M	―	-5.75%	―	-36.70%	-2150.00%
MPX	38 Underperform	AU$20.47M	-7.87	-13.36%	―	-81.98%	-131.34%
LHM	33 Underperform	―	―	―	―	―	―

Finbar Group Limited Corporate Events

Finbar Group Finalizes $13.68 Million Rivervale Site Sale

Finbar Group Limited has announced that the sale of its Rivervale site for $13.68 million is now unconditional, with settlement expected by mid-October. This transaction is set to enhance the company’s earnings for the first half of the fiscal year 2026, strengthen its balance sheet, and allow for capital recycling into future development projects.

The most recent analyst rating on (AU:FRI) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Finbar Group Limited stock, see the AU:FRI Stock Forecast page.

Finbar Group Limited Releases Corporate Governance Statement

Finbar Group Limited has released its corporate governance statement for the financial year ending June 30, 2025, which is available on their website. The statement confirms that the company has adhered to the ASX Corporate Governance Council’s recommendations, ensuring transparency and accountability in its operations. This disclosure is crucial for stakeholders as it highlights the company’s commitment to maintaining robust governance practices, which can enhance investor confidence and support sustainable growth.

The most recent analyst rating on (AU:FRI) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Finbar Group Limited stock, see the AU:FRI Stock Forecast page.

Finbar Group Appoints New Company Secretary Amid Strategic Reorganization

Finbar Group Limited has announced the appointment of Mr. Scott Cameron as the new Company Secretary, effective 21 August 2025. This change is part of the company’s broader succession planning and strategic management reorganization. Mr. Cameron, who has extensive experience in project coordination and governance within the property development industry, replaces Ms. Jennifer Lim, who will now focus solely on her role as Chief Financial Officer. The board expressed gratitude for Ms. Lim’s service and anticipates her continued contribution to the company’s financial and operational success.

The most recent analyst rating on (AU:FRI) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Finbar Group Limited stock, see the AU:FRI Stock Forecast page.

Finbar Group Limited: Sustaining Success in WA’s Apartment Development Sector

Finbar Group Limited has announced its continued success in the Western Australian apartment development sector, highlighting its 100% project delivery success rate and 30 consecutive years of profitability. The company’s strategic focus on stakeholder engagement and maintaining a stable team has allowed it to navigate construction capacity constraints effectively, ensuring consistent project delivery and reinforcing its position as a market leader.

The most recent analyst rating on (AU:FRI) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Finbar Group Limited stock, see the AU:FRI Stock Forecast page.

Finbar Group Reports Strong FY25 Results and Promising Development Pipeline

Finbar Group Limited reported a full-year net profit after tax of $14.38 million for FY25, with an underlying NPAT of $16.17 million, reflecting a 16% increase from the previous year. The company achieved significant revenue growth, driven by successful project completions and strong sales in a robust real estate market. Finbar has a five-year development pipeline valued at over $1 billion, supported by a healthy balance sheet and strategic focus on wholly owned projects. The company aims to leverage its longstanding relationships in the construction sector to maintain its position as a leading apartment developer in Western Australia.

The most recent analyst rating on (AU:FRI) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Finbar Group Limited stock, see the AU:FRI Stock Forecast page.

Finbar Group Reports Revenue Growth Amid Profit Decline

Finbar Group Limited reported a significant increase in revenue for the period ending June 30, 2025, with a 46.37% rise compared to the previous year, reaching $284.5 million. However, the company’s comprehensive profit decreased by 12.49% to $14.4 million. The company declared a final dividend of $0.02 per share to be paid on August 6, 2025, reflecting a reduction from the previous year’s dividend.

The most recent analyst rating on (AU:FRI) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Finbar Group Limited stock, see the AU:FRI Stock Forecast page.

Finbar Group Sells Out $113M Bel-Air Apartments Project Ahead of Completion

Finbar Group Limited has successfully sold out its $113 million Bel-Air Apartments project in Belmont, Western Australia, well ahead of its anticipated completion in mid-2026. This achievement highlights the strong demand for mid-tier apartments in the region, driven by both owner-occupiers and investors, and aligns with Finbar’s broader development pipeline, which includes the $277 million East Perth project, Garden Towers, also under construction and over 70% sold. The company’s continued sales momentum is expected to support the launch of additional projects valued at $202 million in the coming months.