Foraco International SA T.FAR

Alternate Symbol(s): FRACF

Metals & Mining Industrial Metals & Minerals

Foraco International S.A. is a France-based company engaged in the mining, geological and hydraulic drilling sectors. The Company's principle business consists of drilling contracts for companies primarily involved in mining and water exploration. The Company operates in two business segments: Mining and Water. The Mining segment covers drilling services offered to the mining and energy industry during the exploration, development and production phases of mining projects. The Water segment covers all activities linked to the construction of water wells leading to the supply of drinking water, the collection of mineral water, as well as the control, maintenance and renovation of the existing installations. The Water segment also includes drilling services offered to the environmental and construction industry, such as geological exploration and geotechnical drilling.

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Foraco International SA > TD Report showing Relative valuation of most Drillers

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Comment by savyinvestor333on Dec 12, 2022 8:21am

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RE:TD Report showing Relative valuation of most Drillers

savyinvestor333 wrote: Unfortunately it doesn't want to copy here. It shows FAR currently trading at a 60% discount going to 100% discount for the next fiscal year wnen comparing current share prices of both companies to EV/EBITDA. Keep in mind their Target on MDI is 46% higher than it's current price. I think this company is a steal at these prices. Thery show MDI's EBITDA growing 10% next year while showing FAR's growing 30%

Sorry i missed adding compared to Major Drilling MDI in the first line.

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