FARO Technologies Financials

FARO Stock  USD 26.91  0.09  0.33%   
Based on the key indicators related to FARO Technologies' liquidity, profitability, solvency, and operating efficiency, FARO Technologies is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December. At this time, FARO Technologies' Non Current Liabilities Total is very stable compared to the past year. As of the 25th of November 2024, Inventory is likely to grow to about 35.7 M, while Total Assets are likely to drop about 293.7 M. Key indicators impacting FARO Technologies' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.310.2911
Notably Up
Pretty Stable
Current Ratio2.192.3095
Notably Down
Slightly volatile
The financial analysis of FARO Technologies is a critical element in measuring its lifeblood. Investors should not minimize FARO Technologies' ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

(53.75 Million)

  
Understanding current and past FARO Technologies Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of FARO Technologies' financial statements are interrelated, with each one affecting the others. For example, an increase in FARO Technologies' assets may result in an increase in income on the income statement.

FARO Technologies Earnings Geography

FARO Technologies Stock Summary

FARO Technologies competes with ESCO Technologies, Genasys, Coherent, Sobr Safe, and Fortive Corp. FARO Technologies, Inc. designs, develops, manufactures, markets, and supports software driven three-dimensional measurement, imaging, and realization solutions in North America, South America, Europe, the Middle East, Africa, and the Asia-Pacific. FARO Technologies, Inc. was founded in 1981 and is headquartered in Lake Mary, Florida. Faro Tech operates under Scientific Technical Instruments classification in the United States and is traded on NASDAQ Exchange. It employs 1432 people.
Specialization
Information Technology, Scientific & Technical Instruments
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS3116421021
CUSIP311642102
LocationFlorida; U.S.A
Business Address125 Technology Park,
SectorElectronic Equipment, Instruments & Components
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.faro.com
Phone407 333 9911
CurrencyUSD - US Dollar

FARO Technologies Key Financial Ratios

FARO Technologies Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets486.8M525.6M479.7M473.3M504.7M293.7M
Other Current Liab43.3M39.6M27.9M24.4M28.7M18.4M
Net Debt(113.3M)(157.7M)(97.6M)(17.5M)12.2M12.9M
Retained Earnings112.9M113.5M73.5M46.8M(9.8M)(9.3M)
Accounts Payable13.7M14.1M14.2M27.3M27.4M28.8M
Cash133.6M185.6M122.0M37.8M76.8M65.5M
Net Receivables76.2M64.6M78.5M90.3M92.0M52.5M
Inventory58.6M47.4M53.1M50.0M34.5M35.7M
Other Current Assets29.0M26.3M19.8M41.2M38.8M40.7M
Total Liab154.9M165.3M153.3M162.3M236.1M247.9M
Total Current Assets322.2M323.9M273.5M219.4M261.6M201.2M
Short Term Debt6.7M11.7M11.5M11.4M10.9M11.4M
Intangible Assets14.5M13.3M25.6M49.0M47.9M50.3M
Other Liab35.2M35.2M35.8M41.4M47.6M50.0M
Other Assets55.1M107.7M53.8M59.1M68.0M34.3M
Treasury Stock(31.6M)(31.4M)(31.0M)(30.8M)(27.7M)(26.3M)
Good Will49.7M57.5M82.1M107.2M109.5M115.0M
Net Tangible Assets332.0M360.3M218.7M311.0M357.7M322.2M
Capital Surpluse267.9M288.0M301.1M328.2M377.5M258.7M

FARO Technologies Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense781K15.8M55K36K3.3M3.5M
Total Revenue381.8M303.8M337.8M345.8M358.8M224.1M
Gross Profit198.1M159.8M183.9M175.8M165.0M123.1M
Operating Income(23.4M)(14.9M)(1.1M)(20.3M)(49.5M)(47.1M)
Ebit(6.7M)(30.8M)(8.5M)(21.7M)(50.7M)(48.2M)
Research Development44.2M42.9M48.8M49.4M41.8M20.9M
Ebitda(6.5M)(16.2M)5.2M(7.6M)(35.2M)(33.5M)
Cost Of Revenue183.6M143.9M153.9M170.0M193.8M101.0M
Income Before Tax(61.0M)(30.8M)(8.6M)(21.7M)(54.1M)(51.4M)
Net Income(62.1M)629K(40.0M)(26.8M)(56.6M)(53.7M)
Income Tax Expense1.1M(31.4M)31.4M5.1M2.5M3.1M
Tax Provision1.1M(31.4M)31.4M5.1M5.6M4.1M
Interest Income714K340K0.036K32.4K30.8K
Net Interest Income(67K)340K(55K)36K(2.5M)(2.4M)

FARO Technologies Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(4.1M)10.3M(6.7M)3.4M736K772.8K
Change In Cash24.9M52.0M(63.6M)(84.2M)39.0M40.9M
Free Cash Flow23.7M15.3M(25.4M)(41.8M)(12.9M)(12.3M)
Depreciation18.5M14.2M13.4M14.0M15.5M8.4M
Other Non Cash Items53.9M2.2M2.7M1.9M19.1M20.0M
Capital Expenditures8.8M6.1M11.9M16.9M14.0M7.7M
Net Income(62.1M)629K(40.0M)(26.8M)(56.6M)(53.7M)
End Period Cash Flow133.6M185.6M122.0M37.8M76.8M65.3M
Change To Netincome56.1M(18.4M)38.9M17.5M20.1M21.1M
Change Receivables10.4M12.3M(15.6M)(11.2M)(12.9M)(12.2M)
Net Borrowings(358K)(338K)(296K)895K1.0M1.1M
Investments(549K)25M(45.7M)(49.9M)(16.8M)(15.9M)

FARO Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining FARO Technologies's current stock value. Our valuation model uses many indicators to compare FARO Technologies value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across FARO Technologies competition to find correlations between indicators driving FARO Technologies's intrinsic value. More Info.
FARO Technologies is rated # 3 in return on equity category among its peers. It is one of the top stocks in return on asset category among its peers . At this time, FARO Technologies' Return On Equity is very stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the FARO Technologies' earnings, one of the primary drivers of an investment's value.

FARO Technologies' Earnings Breakdown by Geography

FARO Technologies Systematic Risk

FARO Technologies' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. FARO Technologies volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on FARO Technologies correlated with the market. If Beta is less than 0 FARO Technologies generally moves in the opposite direction as compared to the market. If FARO Technologies Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one FARO Technologies is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of FARO Technologies is generally in the same direction as the market. If Beta > 1 FARO Technologies moves generally in the same direction as, but more than the movement of the benchmark.

FARO Technologies Thematic Clasifications

FARO Technologies is part of several thematic ideas from Computers to ISP. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in FARO Technologies Stock are looking for potential investment opportunities by analyzing not only static indicators but also various FARO Technologies' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of FARO Technologies growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.0755)

At this time, FARO Technologies' Price Earnings To Growth Ratio is very stable compared to the past year.

FARO Technologies November 25, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of FARO Technologies help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of FARO Technologies. We use our internally-developed statistical techniques to arrive at the intrinsic value of FARO Technologies based on widely used predictive technical indicators. In general, we focus on analyzing FARO Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build FARO Technologies's daily price indicators and compare them against related drivers.
When determining whether FARO Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of FARO Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Faro Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Faro Technologies Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FARO Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in FARO Stock, please use our How to Invest in FARO Technologies guide.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of FARO Technologies. If investors know FARO will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about FARO Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.33)
Revenue Per Share
18.152
Quarterly Revenue Growth
(0.05)
Return On Assets
0.013
Return On Equity
(0.03)
The market value of FARO Technologies is measured differently than its book value, which is the value of FARO that is recorded on the company's balance sheet. Investors also form their own opinion of FARO Technologies' value that differs from its market value or its book value, called intrinsic value, which is FARO Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because FARO Technologies' market value can be influenced by many factors that don't directly affect FARO Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between FARO Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if FARO Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FARO Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.