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Foraco International SA (FAR) Fair Value & Analysis

Basic Materials · CA · Market cap C$230M

FI Foraco International SA FAR · TO
PriceC$2.82
Fair ValueC$2.75
Upside-2.5%
Quality46/100
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Expensive Growth
Thin margins · 5.5% net margin
Moderate debt · generates free cash flow
Ranks above peers (11/14)
Narrow moat 44/100
Evidence: High Range C$2.06 – C$3.44 Share as image

Fair value as of: Jul 19, 2026

From 23 valuation models · updated 22 days ago

Share price +6.4% over the past month.

Below-average quality, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • Our model range runs from C$2.06 (bear) to C$3.44 (bull), base C$2.75. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 46/100 (below-average quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

C$3.40 C$0.9325 Fair Value C$2.75 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 19, 2026.

How to read this chart

60‑month range C$0.9325 – C$3.40 · fair‑value band C$2.06 – C$3.44 · the C$2.82 price screens above the C$2.75 fair value. Dashed = 300-day average. As of Jul 19, 2026.

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Analysis

Foraco International SA (FAR) currently trades at C$2.82, while our model-based Fair Value estimate is C$2.75, implying the stock looks roughly 2.5% fairly valued today. The Quality Score stands at 46/100 (below-average quality), in the Basic Materials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Foraco International SA generated revenue of C$269M at a net margin of 5.5%. Revenue grew 20.4% year over year. It earns a return on equity of 14.5%. Net debt stands at C$72.3M. Fundamentals as of Jul 19, 2026

Our scenario range runs from C$2.06 (bear case) to C$3.44 (bull case); at C$2.82, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 20% below its 52-week high and 80% above its 52-week low, currently above its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -34% fair-value upside, at -2%, FAR screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF C$0.1200 80
Residual Income C$0.9300 C$1.13 C$2.31 76
ROIC Compounder C$1.36 C$1.87 C$2.25 72
All 23 models by family
DCF Models
FCF DCF C$0.1500 38
Owner Earnings C$0.9200 C$2.14 C$4.27 31
5Y Revenue Exit C$1.46 C$3.24 C$7.01 39
5Y EBITDA Exit C$1.97 C$4.28 C$8.81 41
5Y P/E Exit C$1.05 C$3.16 C$6.10 38
10Y Revenue Exit C$0.7700 C$3.01 C$4.72 36
10Y EBITDA Exit C$1.17 C$3.95 C$9.08 37
10Y P/E Exit C$0.6000 C$2.26 C$5.12 35
Earnings-Based
Graham-Dodd C$1.10 C$7.67 C$10.77 54
Lynch FV C$3.96 C$5.66 C$7.36 50
PEG = 1.0 C$3.96 C$5.66 C$7.36 46
EPV C$1.19 C$1.38 C$1.53 59
Multiples
P/E Multiple C$2.06 C$2.75 C$3.44 63
P/S Multiple C$2.06 C$2.75 C$3.44 58
P/B Multiple C$2.06 C$2.75 C$3.44 55
EV/EBIT C$2.55 C$3.52 C$4.48 53
EV/EBITDA C$3.13 C$4.30 C$5.46 54
EV/Revenue C$2.16 C$3.24 C$4.32 43
Asset-Based
NCAV (Graham) C$0.5000 C$0.6700 C$1.01 50
Growth DCF
Growth DCF C$0.1200 80
Economic Profit
Residual Income C$0.9300 C$1.13 C$2.31 76
ROIC Compounder C$1.36 C$1.87 C$2.25 72
Growth Earnings
Growth-Adj P/E C$4.88 C$6.97 C$9.06 68

Widest divergence: Growth Earnings (C$6.97) versus Asset-Based (C$0.6700). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) C$269M
Revenue growth (YoY) +20.4%
Net margin 5.5%
Return on equity 14.5%
Free cash flow C$1.6M FY2025
P/E ratio 14.3
More key figures
Operating margin 3.1%
EPS (TTM) C$0.2000
EPS growth (YoY) -57.8%
Net debt C$72.3M FY2025

Figures from reported company fundamentals · as of Jul 19, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 46/100

Of which business quality 47 · Market factors (momentum, volatility) 60

Profitability 50
Margins and returns on capital today
Quality Growth 5
Are margins and returns improving?
Cashflow 33
Earnings quality: real cash, not paper profit
Fin. Strength 53
Balance sheet, leverage, solvency risk
Investment 62
Disciplined investing over empire-building
Low Volatility 42
Calm price path (market factor)
Momentum 58
Price trend over the last 3–12 months (market factor)
52W Momentum 82
Distance to the 52-week high (market factor)
Net Issuance 85
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Foraco International SA, together with its subsidiaries, provides drilling services in North America, South America, the Asia Pacific, the Middle East, Africa, and Europe. It operates through two segments: Mining and Water.

Full company description

Foraco International SA, together with its subsidiaries, provides drilling services in North America, South America, the Asia Pacific, the Middle East, Africa, and Europe. It operates through two segments: Mining and Water. The company offers exploration, development, and production drilling services to the mining industry for energy transition and gold, as well as for mineral exploitation of precious and base metals, coking coal, iron ore, lithium, and diamonds; underground drilling services; and various geological sampling and testing techniques, including chips and cores, stabilized holes for blasting, logging, boreholes to be used for injection of water or acid, cold water injection, production boreholes, large diameter core, and dual tube rotary bulk samples. It also installs production pumps for dewatering purposes. In addition, the company drills wells for drinking, irrigation, and industrial water; undertakes a range of projects, including village water drilling programs, specialized drilling projects to access mineral water using sanitary protection methods for the bottled water industry, and large diameter well fields for residential supply in urban environments; and offers inspection, servicing, and rehabilitation services for existing wells. Further, it supplies drinking water; collects mineral water; controls, maintains, and renovates existing installations and dewatering for mining; and offers drilling services for the environmental and construction industry, such as geological exploration and geotechnical drilling. The company was founded in 1961 and is headquartered in Lunel, France.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Foraco International SA reported revenue of C$263M in FY2025 versus C$270M in FY2021, a compound −0.7%/yr. Reported net income was C$15.8M in FY2025, compounding −18.3%/yr from FY2021.

Growth Quality 48/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
C$263M
Latest YoY
−10.5%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−7.4%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+4.9%
Avg. growth/yr (21Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+50.3%
Revenue −0.7%/yr
FY21 C$270M
FY22 C$331M
FY23 C$370M
FY24 C$293M
FY25 C$263M
Net income −18.3%/yr
FY21 C$35.5M
FY22 C$19.8M
FY23 C$28.7M
FY24 C$27.8M
FY25 C$15.8M

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Cite: Fair Value Calculator (2026). "Foraco International SA Fair Value". https://www.fairvalue-calculator.com/stock/FAR

Peer Group

Other Industrial Metals & Mining · 475 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 46 · Above median
Fair Value upside −3% · Above median
Return on equity (TTM) 14% · Top 25%
Return on assets 6% · Top 25%
Net margin (TTM) 5% · Top 25%
Operating margin (TTM) 3% · Above median
Revenue growth 20% · Above median
Debt / equity 0.61× · Higher than 75% of peers

Valuation Multiples vs Other Industrial Metals & Mining median · lower = cheaper

P/E (TTM) 11.2× · Cheaper than median
P/B 1.67× · Pricier than median
P/S (TTM) 0.61× · Cheaper than 75% of peers
P/FCF 101.9× · Pricier than 75% of peers
EV/EBITDA 4.9× · Cheaper than median
PEG 1.13× · Cheaper than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 30 · sector 0
FUTURE 100 · sector 23
PAST 58 · sector 0
HEALTH 69 · sector 96
DIVIDEND 0 · sector 21

Insider activity: 40/100

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Other Industrial Metals & Mining stocks, each showing price versus our Fair Value estimate (as of Jul 19, 2026).

Stock Price Fair Value vs Fair Value
BHP Group BHPN 1,425 MXN 942.42 MXN -34%
Rio Tinto Group RIO A$164.89 A$81.76 -50%
Grupo México, S.A. GMEXICOB 199.23 MXN 187.72 MXN -6%
Vale S.A VALE $14.19 $9.14 -36%
Saudi Arabian Mining Company 1211 58.05 SAR 33.87 SAR -42%
CMOC Group 603993 ¥18.20 ¥16.15 -11%
Fortescue Ltd FMG A$18.47 A$18.62 +1%
China Tungsten And Hightech Materials Co 000657 ¥74.71 ¥9.55 -87%
Hindustan Zinc Limited HINDZINC ₹521.95 ₹576.80 +11%
China Northern Rare Earth (Group) High-Tech Co 600111 ¥39.56 ¥10.59 -73%

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Frequently asked questions

Is Foraco International SA (FAR) overvalued or undervalued?
As of Jul 19, 2026, our model estimates a fair value of C$2.75 versus a price of C$2.82, about −2% (fairly valued).
What is the fair value of FAR?
Our model-based fair value for Foraco International SA is C$2.75 (as of Jul 19, 2026), built from audited fundamentals. The current price is C$2.82.
What is the quality score of FAR?
Foraco International SA has a Quality Score of 46/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Foraco International SA (FAR)?
Foraco International SA reported trailing-twelve-month revenue of about C$269M (latest available figure, as of Jul 19, 2026).
What is the net profit margin of FAR?
The net profit margin of Foraco International SA is about 5.5%, meaning it keeps roughly 5.5% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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