InsiderStreet Scorecard

Proprietary multi-factor scorecard rating companies across seven fundamental dimensions — profitability, balance sheet strength, earnings quality, growth, value, momentum, and safety — each scored 0–100.

★ ★ ★ ★ ★ 11 Grade D

Profitability

0

Balance Sheet

20

Earnings Quality

41

Growth

16

Value

33

Momentum

23

Safety

15

Cash Flow

48

The InsiderStreet Scorecard rates companies across eight dimensions: Profitability (margins, ROA, ROE), Balance Sheet (leverage, liquidity, coverage), Earnings Quality (accruals, cash conversion), Growth (revenue and earnings trajectory), Value (P/E, P/B, earnings yield, Graham criteria), Momentum (revenue and earnings acceleration), Safety (Altman Z-Score risk adjustment), and Cash Flow (operating cash flow quality, FCF conversion, cash coverage). The overall score blends 35% quality, 35% value, and 30% momentum, with a penalty for distress-zone Altman scores. FBGI scores highest in Cash Flow (48/100) and lowest in Profitability (0/100). A grade of D flags significant fundamental concerns across multiple dimensions.

Risk & Quality Signals

Academic financial models used by institutional investors to assess bankruptcy risk, earnings manipulation, financial strength, and credit quality.

Altman Z-Score

0.78

Distress Zone

Piotroski F-Score

3/9

✗ ✓ ✗ ✓ ✗ ✗ ✓ ✗ ✗

Beneish M-Score

-2.39

Unlikely Manipulator

Ohlson O-Score

-3.34

Bankruptcy prob: 3.4%

Low Risk

Credit Rating

CCC

Score: 11.6/100

Trend: Deteriorating

Earnings Quality

—

OCF/NI: -1.11x

Accruals: -8.1%

The Altman Z-Score (1968) combines five ratios — working capital, retained earnings, EBIT, market value of equity, and sales, all relative to total assets or liabilities — into a single bankruptcy predictor. FBGI scores 0.78, placing it in the Distress Zone (safe > 2.99, distress < 1.81). Historically, companies in this range face elevated bankruptcy risk. The Piotroski F-Score (2000) is a 9-point binary checklist — four profitability tests (positive ROA, positive cash flow, improving ROA, cash flow exceeding net income), three leverage tests (declining debt ratio, improving current ratio, no share dilution), and two efficiency tests (improving gross margin, improving asset turnover). Each pass scores 1 point. FBGI scores 3/9, suggesting weak financial fundamentals — the company fails the majority of these accounting tests. The Beneish M-Score (1999) is an 8-variable model that detects earnings manipulation by comparing year-over-year changes in receivables, gross margins, asset quality, sales growth, depreciation, SG&A, leverage, and accruals. Scores above −1.78 statistically resemble past manipulators. FBGI's score of -2.39 falls below this threshold, suggesting earnings are unlikely to be manipulated. The Ohlson O-Score (1980) is a 9-variable logistic regression that estimates bankruptcy probability using firm size, leverage, working capital, current ratio, profitability (ROA), cash flow coverage, negative equity flag, consecutive losses flag, and earnings trajectory. The raw score is converted to a probability via logistic transformation. FBGI's implied 3.4% bankruptcy probability is well within safe territory. Our Credit Rating model scores companies on five weighted components — solvency (30%), earning power (25%), leverage (20%), liquidity (15%), and cash flow quality (10%) — then blends the absolute score with sector and industry peer rankings. For companies with large buyback programs, equity is adjusted by adding back cumulative 5-year repurchases (capped at 80% of FCF generated) to avoid penalizing shareholder-friendly capital allocation. FBGI receives an estimated rating of CCC (score: 11.6/100), with a deteriorating trend.

Valuation

Key valuation multiples comparing the stock's market price to its earnings, revenue, book value, and cash flows. Lower multiples may indicate relative undervaluation versus peers.

P/E

-2365.27x

PEG

18.44x

P/S

0.00x

P/B

-696.81x

P/FCF

3.13x

P/OCF

2.61x

EV/EBITDA

46.96x

EV/Revenue

0.97x

EV/EBIT

-49.77x

EV/FCF

24.95x

Earnings Yield

-34.64%

FCF Yield

31.97%

Shareholder Yield

0.00%

Graham Number

—

Equity-based multiples (P/E, P/B, P/FCF) compare the stock price to per-share fundamentals and are affected by capital structure. Enterprise value multiples (EV/EBITDA, EV/Revenue, EV/FCF) strip out debt and cash, making them more useful for cross-company comparisons regardless of how companies are financed. The Graham Number — √(22.5 × EPS × Book Value) — is Benjamin Graham's formula for the maximum price a defensive investor should pay. FBGI currently has negative earnings — the P/E ratio is not meaningful.

DuPont Decomposition (5-Factor)

The 5-factor DuPont framework breaks Return on Equity into its component drivers — tax efficiency, interest burden, operating profitability, asset utilization, and financial leverage — to reveal what truly drives shareholder returns.

Tax Burden

0.766

NI / EBT

×

Interest Burden

2.822

EBT / EBIT

×

EBIT Margin

-0.019

EBIT / Rev

×

Asset Turnover

0.916

Rev / Assets

×

Equity Multiplier

3.619

Assets / Equity

=

ROE

-13.9%

The 5-factor DuPont identity decomposes ROE as: Tax Burden × Interest Burden × EBIT Margin × Asset Turnover × Equity Multiplier = ROE. This reveals whether returns are driven by operating performance, financial leverage, or tax efficiency — three very different sources of profitability. FBGI's ROE of -13.9% is driven by financial leverage (equity multiplier: 3.62x). Note: high leverage means ROE is amplified by debt rather than operational performance.

Graham-Dodd Adjusted Valuation

Our adaptation of Graham's growth formula (Fair P/E = 8.5 + 2g) from The Intelligent Investor. The classic version relies on analyst growth projections, which can be unreliable. This adjusted model substitutes the company's realized 3-year EPS CAGR — a backward-looking, verifiable measure of actual earnings power — grounding the valuation in demonstrated performance rather than forecasts.

Two adjustments we make, and why. Growth is capped at 15%. Graham defined g as expected growth over the next seven to ten years, not last year's rate. Across US companies since 1994 the median realized 7-year EPS growth is 5–8% regardless of how fast a company grew beforehand, and of 4,457 company-quarters that grew faster than 200%, none sustained it. Uncapped, the formula assigned fair multiples in the hundreds to companies that had never held that rate — and scored worse than simply reading the P/E. Capped, it carries real information. The verdict has three states, not two. Tested over 377,249 stock-months, this ratio only separates outcomes at its extremes: below 0.25 beat the universe by 1.3 points a year, above 3.0 lagged by 2.7, and everything in between sat inside a one-point band. Rather than call two-thirds of the market "undervalued" on a threshold of 1.0, we say Neutral where the model cannot tell — which is most of the time.

Adj. Growth Rate

0.00%

Fair P/E

8.50x

Intrinsic Value

—

Price/Value

—

Margin of Safety

—

Premium

—

Profitability Trends

Historical profitability ratios tracking how efficiently the company converts revenue into returns for shareholders over time.

Leverage & Solvency Trends

Debt and liquidity metrics showing the company's financial leverage and ability to meet short-term and long-term obligations.

Efficiency & Working Capital Trends

Operating efficiency metrics measuring how quickly the company converts inventory to sales, collects receivables, and manages its cash conversion cycle.

Growth Trends (YoY %)

Year-over-year growth rates for key financial metrics, showing the trajectory of revenue, earnings, and cash flow generation.

Earnings Stability

R-squared of linear regression measuring how predictably revenue, earnings, and margins follow a trend over the trailing 5 years. 1.0 = perfectly predictable; lower values indicate erratic or cyclical behavior.

Monte Carlo Price Simulation

Geometric Brownian Motion with 1,000 antithetic paths over 1 year, seeded from 1800 days of historical volatility. Percentile bands show the range of statistically plausible outcomes — this is a statistical model, not a forecast.

Current Price

$0.00

Median 1Y

$0.00

5th Pctile

$0.00

95th Pctile

$0.00

Ann. Volatility

321.4%

25th–75th percentile 5th–95th percentile Median path Historical

All Ratios & Metrics

Complete fundamental data with up to 20 periods of history, sparkline trends, and current values across 13 categories and 130+ financial metrics.

Profitability

Metric	Q1'11	Q2'11	Q3'11	Q4'11	Q1'12	Q2'12	Q3'12	Current
ROE	5.3%	10.3%	19.6%	20.2%	14.1%	4.7%	-13.9%	-13.94%
ROA	1.3%	2.8%	6.4%	7.2%	3.9%	1.3%	-3.9%	-3.85%
ROIC	1.7%	3.6%	7.9%	8.5%	5.3%	2.6%	-2.1%	-2.08%
ROCE	8.5%	16.7%	29.8%	32.9%	24.7%	15.6%	-6.8%	-6.83%
Gross Margin	11.0%	7.2%	14.7%	5.0%	3.2%	3.9%	-4.2%	-4.17%
Operating Margin	6.3%	4.1%	11.5%	1.4%	-5.1%	-2.8%	-12.6%	-12.60%
Net Margin	4.3%	2.9%	8.1%	0.6%	-5.5%	-5.5%	-13.9%	-13.92%
EBITDA Margin	10.3%	6.9%	14.3%	4.3%	2.5%	2.4%	-5.0%	-4.97%
FCF Margin	19.4%	8.0%	0.1%	0.1%	-4.3%	-7.2%	3.9%	3.88%
OCF Margin	29.0%	12.9%	3.6%	2.9%	-3.1%	-6.5%	4.7%	4.66%
ROIC Economic	snapshot only							-2.05%
Cash ROA	snapshot only							3.86%
Cash ROIC	snapshot only							4.12%
CROIC	snapshot only							3.44%
NOPAT Margin	snapshot only							-2.34%
Pretax Margin	snapshot only							-5.49%
R&D / Revenue	snapshot only							0.00%
SGA / Revenue	snapshot only							5.93%
SBC / Revenue	snapshot only							0.00%

Valuation

Metric	Q1'11	Q2'11	Q3'11	Q4'11	Q1'12	Q2'12	Q3'12	Current
P/E Ratio	5.79	1.66	0.32	0.92	1.61	5.84	-2.89	-2365.267
P/S Ratio	0.25	0.06	0.02	0.04	0.04	0.06	0.12	0.000
P/B Ratio	0.31	0.17	0.06	0.19	0.21	0.27	0.43	-696.810
P/FCF	1.29	0.72	17.83	47.75	-0.99	-0.90	3.13	3.128
P/OCF	0.86	0.44	0.45	1.22	—	—	2.61	2.607
EV/EBITDA	20.13	8.75	4.13	3.79	5.52	9.35	46.96	46.956
EV/Revenue	2.07	0.71	0.42	0.33	0.42	0.65	0.97	0.968
EV/EBIT	27.51	11.95	5.29	5.12	8.25	17.09	-49.77	-49.766
EV/FCF	10.66	8.94	467.11	438.13	-9.77	-9.09	24.95	24.946
Earnings Yield	17.3%	60.4%	3.1%	1.1%	62.0%	17.1%	-34.6%	-34.64%
FCF Yield	77.3%	1.4%	5.6%	2.1%	-1.0%	-1.1%	32.0%	31.97%
PEG Ratio	snapshot only							18.439
Price/Tangible Book	snapshot only							0.574
EV/OCF	snapshot only							20.791
EV/Gross Profit	snapshot only							32.599
Shareholder Yield	snapshot only							0.00%

Leverage & Solvency

Metric	Q1'11	Q2'11	Q3'11	Q4'11	Q1'12	Q2'12	Q3'12	Current
Current Ratio	0.86	0.87	0.91	0.88	0.89	0.90	0.89	0.889
Quick Ratio	0.67	0.81	0.83	0.80	0.76	0.79	0.80	0.802
Debt/Equity	2.60	2.28	1.78	1.67	2.06	2.45	3.12	3.121
Net Debt/Equity	2.22	1.95	1.59	1.52	1.85	2.42	3.00	2.998
Debt/Assets	0.65	0.62	0.59	0.60	0.64	0.68	0.73	0.730
Debt/EBITDA	20.76	9.38	4.46	3.70	5.52	8.51	42.75	42.751
Net Debt/EBITDA	17.69	8.05	3.97	3.38	4.96	8.43	41.07	41.069
Interest Coverage	4.97	5.42	7.19	5.79	3.46	1.68	-0.55	-0.549
Equity Multiplier	4.03	3.64	3.04	2.79	3.24	3.58	4.27	4.273
Cash Ratio	snapshot only							0.038
Debt Service Coverage	snapshot only							0.582
Cash to Debt	snapshot only							0.039
FCF to Debt	snapshot only							0.044
Defensive Interval	snapshot only							2546.9 days

Efficiency & Turnover

Metric	Q1'11	Q2'11	Q3'11	Q4'11	Q1'12	Q2'12	Q3'12	Current
Asset Turnover	0.30	0.82	1.29	1.87	1.50	1.18	0.92	0.916
Inventory Turnover	1.94	19.86	22.18	30.08	11.86	18.83	14.82	14.823
Receivables Turnover	6.62	7.71	8.80	11.08	17.49	8.80	7.04	7.036
Payables Turnover	6.32	18.73	41.95	116.49	47.86	43.63	50.75	50.751
DSO	55	47	41	33	21	41	52	51.9 days
DIO	188	18	16	12	31	19	25	24.6 days
DPO	58	19	9	3	8	8	7	7.2 days
Cash Conversion Cycle	186	46	49	42	44	52	69	69.3 days
Fixed Asset Turnover	snapshot only							3.385
Operating Cycle	snapshot only							76.5 days
Cash Velocity	snapshot only							28.848
Capital Intensity	snapshot only							1.206

Growth (YoY)

Metric	Q1'11	Q2'11	Q3'11	Q4'11	Q1'12	Q2'12	Q3'12	Current
Revenue	—	—	—	—	3.8%	48.5%	-20.5%	-20.53%
Net Income	—	—	—	—	1.9%	-52.7%	-1.7%	-1.67%
EPS	—	—	—	—	1.9%	-52.7%	-1.7%	-1.67%
FCF	—	—	—	—	-2.1%	-2.3%	33.2%	33.21%
EBITDA	—	—	—	—	2.6%	27.2%	-83.9%	-83.93%
Op. Income	—	—	—	—	2.2%	-9.6%	-1.3%	-1.33%
OCF Growth	snapshot only							4.20%
Asset Growth	snapshot only							23.50%
Equity Growth	snapshot only							-12.01%
Debt Growth	snapshot only							53.97%
Shares Change	snapshot only							0.00%

Growth Quality

Metric	Q1'11	Q2'11	Q3'11	Q4'11	Q1'12	Q2'12	Q3'12	Current
Revenue Stability	—	—	—	—	—	—	—	—
Earnings Stability	—	—	—	—	—	—	—	—
Margin Stability	—	—	—	—	—	—	—	—
Rev. Growth Consistency	0.00	0.00	0.00	0.00	0.50	0.50	0.00	0.000
Earn. Growth Consistency	0.00	0.00	0.00	0.00	0.50	0.00	0.00	0.000
FCF Positive Streak	0	0	0	0	0	0	1	0
Earnings Persistence	—	—	—	—	—	—	—	—
Earnings Smoothness	—	—	—	—	0.02	0.28	—	—
ROE Trend	—	—	—	—	—	—	—	—
Gross Margin Trend	—	—	—	—	—	—	—	—
FCF Margin Trend	—	—	—	—	—	—	—	—
Sustainable Growth Rate	5.3%	10.3%	19.6%	20.2%	14.1%	4.7%	—	—
Internal Growth Rate	1.3%	2.9%	6.9%	7.8%	4.1%	1.3%	—	—

Cash Flow Quality

Metric	Q1'11	Q2'11	Q3'11	Q4'11	Q1'12	Q2'12	Q3'12	Current
OCF/Net Income	6.70	3.73	0.71	0.76	-1.17	-5.86	-1.11	-1.108
FCF/OCF	0.67	0.62	0.03	0.03	1.39	1.11	0.83	0.833
FCF/Net Income	snapshot only							-0.923
OCF/EBITDA	snapshot only							2.259
CapEx/Revenue	9.6%	4.9%	3.5%	2.9%	1.2%	0.7%	0.8%	0.78%
CapEx/Depreciation	snapshot only							0.194
Accruals Ratio	-0.07	-0.08	0.02	0.02	0.09	0.09	-0.08	-0.081
Sloan Accruals	snapshot only							-0.077
Cash Flow Adequacy	snapshot only							6.003

Dividends & Buybacks

Metric	Q1'11	Q2'11	Q3'11	Q4'11	Q1'12	Q2'12	Q3'12	Current
Dividend Yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.00%
Dividend/Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Payout Ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	—	—
FCF Payout Ratio	0.0%	0.0%	0.0%	0.0%	—	—	0.0%	0.00%
Total Payout Ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	—	—
Div. Increase Streak	—	—	—	—	—	—	—	—
Chowder Number	—	—	—	—	—	—	—	—
Buyback Yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.00%
Net Buyback Yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.00%
Total Shareholder Return	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.00%

DuPont Factors

Metric	Q1'11	Q2'11	Q3'11	Q4'11	Q1'12	Q2'12	Q3'12	Current
Tax Burden (NI/EBT)	0.72	0.71	0.73	0.73	0.73	0.71	0.77	0.766
Interest Burden (EBT/EBIT)	0.80	0.82	0.86	0.83	0.71	0.41	2.82	2.822
EBIT Margin	0.08	0.06	0.08	0.06	0.05	0.04	-0.02	-0.019
Asset Turnover	0.30	0.82	1.29	1.87	1.50	1.18	0.92	0.916
Equity Multiplier	4.03	3.64	3.04	2.79	3.60	3.61	3.62	3.619

Per Share

Metric	Q1'11	Q2'11	Q3'11	Q4'11	Q1'12	Q2'12	Q3'12	Current
EPS (Diluted TTM)	$0.01	$0.02	$0.05	$0.05	$0.03	$0.01	$-0.03	$-0.03
Book Value/Share	$0.20	$0.21	$0.24	$0.24	$0.23	$0.23	$0.21	$-0.00
Tangible Book/Share	$0.14	$0.16	$0.18	$0.19	$0.18	$0.17	$0.16	$0.16
Revenue/Share	$0.24	$0.63	$0.93	$1.25	$1.16	$0.93	$0.74	$0.00
FCF/Share	$0.05	$0.05	$0.00	$0.00	$-0.05	$-0.07	$0.03	$-0.00
OCF/Share	$0.07	$0.08	$0.03	$0.04	$-0.04	$-0.06	$0.03	$-0.00
Cash/Share	$0.08	$0.07	$0.05	$0.03	$0.05	$0.01	$0.03	$0.00
EBITDA/Share	$0.02	$0.05	$0.10	$0.11	$0.09	$0.07	$0.02	$0.02
Debt/Share	$0.51	$0.48	$0.42	$0.40	$0.48	$0.55	$0.65	$0.65
Net Debt/Share	$0.43	$0.41	$0.38	$0.37	$0.44	$0.55	$0.63	$0.63

Academic Models

Metric	Q1'11	Q2'11	Q3'11	Q4'11	Q1'12	Q2'12	Q3'12	Current
Altman Z-Score	—	—	—	—	—	—	—	0.779
Altman Z-Prime	snapshot only							-0.467
Piotroski F-Score	4	4	3	3	6	4	3	3
Beneish M-Score	—	—	—	—	2.48	1.27	-2.39	-2.389
Ohlson O-Score	snapshot only							-3.337
ROIC (Greenblatt)	snapshot only							-10.08%
Net-Net WC	snapshot only							$-0.08
EVA	snapshot only							$-7938716.45

Credit

Metric	Q1'11	Q2'11	Q3'11	Q4'11	Q1'12	Q2'12	Q3'12	Current
Credit Rating	snapshot only							CCC
Credit Score	25.42	30.83	40.00	43.01	35.42	20.75	11.65	11.646
Credit Grade	snapshot only							17
Credit Trend	snapshot only							-28.358
Implied Spread (bps)	snapshot only							1200.000
Industry Credit Rank	snapshot only							3
Sector Credit Rank	snapshot only							0

FBGI OTC

InsiderStreet Scorecard

Risk & Quality Signals

Valuation

DuPont Decomposition (5-Factor)

Graham-Dodd Adjusted Valuation

Profitability Trends

Leverage & Solvency Trends

Efficiency & Working Capital Trends

Growth Trends (YoY %)

Earnings Stability

Monte Carlo Price Simulation

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