Daniel Simoncini - Foraco International Chairman and CEO
| FAR Stock | CAD 2.25 0.02 0.88% |
Chairman
Mr. Daniel Simoncini is Chairman of the Board, Chief Executive Officer of Foraco International S.A., since incorporation. Mr. Simoncini was a Director and Executive Officer of the Company since incorporation. Prior to his involvement with the Company, Mr. Simoncini held various senior management positions with other entities. From 1994 to 1997, Mr. Simoncini was Chief Executive Officer of Technoplus Industries SA, a subsidiary of the French Atomic Bureau . From 1982 to 1994, Mr. Simoncini held various positions in Comex group of companies, predecessor to Acergy SA, listed on the NASDAQ, including Vice President of Business Development. Mr. Simoncini is a Professional Engineer and holds a Mechanical Engineering degree from Ensam University in Paris, France. since 1997.
| Age | 66 |
| Tenure | 27 years |
| Address | 26 Plage de l?Estaque, Marseille, France, 13016 |
| Phone | 33 4 96 15 13 60 |
| Web | https://foraco.com |
Foraco International Management Efficiency
The company has return on total asset (ROA) of 0.1104 % which means that it generated a profit of $0.1104 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.2805 %, meaning that it generated $0.2805 on every $100 dollars invested by stockholders. Foraco International's management efficiency ratios could be used to measure how well Foraco International manages its routine affairs as well as how well it operates its assets and liabilities. As of the 18th of December 2024, Return On Tangible Assets is likely to grow to 0.14. Also, Return On Capital Employed is likely to grow to 0.38. At this time, Foraco International's Non Current Assets Total are very stable compared to the past year. As of the 18th of December 2024, Intangible Assets is likely to grow to about 532.4 K, while Total Assets are likely to drop about 247.8 M.Similar Executives
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Management Performance
| Return On Equity | 0.28 | ||||
| Return On Asset | 0.11 |
Foraco International Leadership Team
Elected by the shareholders, the Foraco International's board of directors comprises two types of representatives: Foraco International inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Foraco. The board's role is to monitor Foraco International's management team and ensure that shareholders' interests are well served. Foraco International's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Foraco International's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Timothy Bremner, Sr. VP of North America | ||
| Daniel Simoncini, Chairman and CEO | ||
| Olivier Demesy, Vice President Brazil | ||
| Fabien Sevestre, Deputy Officer | ||
| Peter Jacobs, Sr. VP of Asia Pacific | ||
| JeanPierre Charmensat, Co-CEO, Acting CFO, Director | ||
| Philippe Violle, Vice Services | ||
| Laurence Mahieux, Corporate Counsel |
Foraco Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Foraco International a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.28 | ||||
| Return On Asset | 0.11 | ||||
| Profit Margin | 0.08 % | ||||
| Operating Margin | 0.15 % | ||||
| Current Valuation | 333.16 M | ||||
| Shares Outstanding | 98.59 M | ||||
| Shares Owned By Insiders | 35.78 % | ||||
| Shares Owned By Institutions | 5.80 % | ||||
| Number Of Shares Shorted | 160.77 K | ||||
| Price To Earning | (3.02) X |
Pair Trading with Foraco International
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Foraco International position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Foraco International will appreciate offsetting losses from the drop in the long position's value.Moving against Foraco Stock
The ability to find closely correlated positions to Foraco International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Foraco International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Foraco International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Foraco International SA to buy it.
The correlation of Foraco International is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Foraco International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Foraco International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Foraco International can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Foraco Stock
Foraco International financial ratios help investors to determine whether Foraco Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Foraco with respect to the benefits of owning Foraco International security.