FIRM CAPITAL PROPERTY TRUST (FCD-UN.CA) Stock Fundamental Analysis
TSX:FCD-UN - Toronto Stock Exchange - CA3183261054 - REIT - Currency: CAD
FCD-UN gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 43 industry peers in the Diversified REITs industry. Both the profitability and the financial health of FCD-UN get a neutral evaluation. Nothing too spectacular is happening here. FCD-UN has a correct valuation and a medium growth rate. Finally FCD-UN also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year FCD-UN was profitable.
In the past year FCD-UN had a positive cash flow from operations.
Of the past 5 years FCD-UN 4 years were profitable.
In the past 5 years FCD-UN always reported a positive cash flow from operatings.
1.2 Ratios
FCD-UN has a Return On Assets of 5.35%. This is amongst the best in the industry. FCD-UN outperforms 100.00% of its industry peers.
The Return On Equity of FCD-UN (11.44%) is better than 97.67% of its industry peers.
With a Return On Invested Capital value of 3.78%, FCD-UN is not doing good in the industry: 72.09% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.35% | ||
| ROE | 11.44% | ||
| ROIC | 3.78% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
FCD-UN has a Profit Margin of 58.69%. This is amongst the best in the industry. FCD-UN outperforms 100.00% of its industry peers.
FCD-UN's Profit Margin has declined in the last couple of years.
FCD-UN's Operating Margin of 54.08% is in line compared to the rest of the industry. FCD-UN outperforms 58.14% of its industry peers.
In the last couple of years the Operating Margin of FCD-UN has grown nicely.
FCD-UN has a better Gross Margin (63.95%) than 62.79% of its industry peers.
FCD-UN's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 54.08% | ||
| PM (TTM) | 58.69% | ||
| GM | 63.95% |
OM growth 3Y0.56%
OM growth 5Y2.38%
PM growth 3Y-9.07%
PM growth 5Y-17.93%
GM growth 3Y-0.11%
GM growth 5Y1.43%
2. Health
2.1 Basic Checks
FCD-UN has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
Based on the Altman-Z score of 0.78, we must say that FCD-UN is in the distress zone and has some risk of bankruptcy.
FCD-UN's Altman-Z score of 0.78 is fine compared to the rest of the industry. FCD-UN outperforms 60.47% of its industry peers.
The Debt to FCF ratio of FCD-UN is 9.95, which is on the high side as it means it would take FCD-UN, 9.95 years of fcf income to pay off all of its debts.
FCD-UN has a Debt to FCF ratio of 9.95. This is amongst the best in the industry. FCD-UN outperforms 88.37% of its industry peers.
FCD-UN has a Debt/Equity ratio of 1.00. This is a high value indicating a heavy dependency on external financing.
FCD-UN has a better Debt to Equity ratio (1.00) than 62.79% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1 | ||
| Debt/FCF | 9.95 | ||
| Altman-Z | 0.78 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
FCD-UN has a Current Ratio of 0.39. This is a bad value and indicates that FCD-UN is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 0.39, FCD-UN is in the better half of the industry, outperforming 76.74% of the companies in the same industry.
FCD-UN has a Quick Ratio of 0.39. This is a bad value and indicates that FCD-UN is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.39, FCD-UN is in the better half of the industry, outperforming 76.74% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.39 | ||
| Quick Ratio | 0.39 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 101.34% over the past year.
FCD-UN shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -14.29% yearly.
Looking at the last year, FCD-UN shows a small growth in Revenue. The Revenue has grown by 4.06% in the last year.
FCD-UN shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 21.12% yearly.
EPS 1Y (TTM)101.34%
EPS 3Y-8.32%
EPS 5Y-14.29%
EPS Q2Q%462.24%
Revenue 1Y (TTM)4.06%
Revenue growth 3Y8.89%
Revenue growth 5Y21.12%
Sales Q2Q%1.57%
3.2 Future
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 6.56, the valuation of FCD-UN can be described as very cheap.
Compared to the rest of the industry, the Price/Earnings ratio of FCD-UN indicates a rather cheap valuation: FCD-UN is cheaper than 100.00% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 29.62. FCD-UN is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.56 | ||
| Fwd PE | N/A |
4.2 Price Multiples
74.42% of the companies in the same industry are more expensive than FCD-UN, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.83 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The decent profitability rating of FCD-UN may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
FCD-UN has a Yearly Dividend Yield of 9.56%, which is a nice return.
FCD-UN's Dividend Yield is a higher than the industry average which is at 8.03.
FCD-UN's Dividend Yield is rather good when compared to the S&P500 average which is at 2.27.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.56% |
5.2 History
The dividend of FCD-UN has a limited annual growth rate of 4.20%.
FCD-UN has paid a dividend for at least 10 years, which is a reliable track record.
FCD-UN has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)4.2%
Div Incr Years12
Div Non Decr Years12
5.3 Sustainability
54.95% of the earnings are spent on dividend by FCD-UN. This is a bit on the high side, but may be sustainable.
The Dividend Rate of FCD-UN has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP54.95%
EPS Next 2YN/A
EPS Next 3YN/A
TSX:FCD-UN (2/21/2025, 7:00:00 PM)
6.23
+0.04 (+0.65%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners3.74%
Inst Owner ChangeN/A
Ins Owners11.07%
Ins Owner ChangeN/A
Market Cap230.07M
Analysts46.67
Price Target5.87 (-5.78%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.56% |
Yearly Dividend0.53
Dividend Growth(5Y)4.2%
DP54.95%
Div Incr Years12
Div Non Decr Years12
Ex-Date
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.56 | ||
| Fwd PE | N/A | ||
| P/S | 3.86 | ||
| P/FCF | 6.83 | ||
| P/OCF | 6.83 | ||
| P/B | 0.75 | ||
| P/tB | 0.75 | ||
| EV/EBITDA | N/A |
EPS(TTM)0.95
EY15.25%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)0.91
FCFY14.63%
OCF(TTM)0.91
OCFY14.63%
SpS1.61
BVpS8.27
TBVpS8.27
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.35% | ||
| ROE | 11.44% | ||
| ROCE | 5.39% | ||
| ROIC | 3.78% | ||
| ROICexc | 3.82% | ||
| ROICexgc | 3.82% | ||
| OM | 54.08% | ||
| PM (TTM) | 58.69% | ||
| GM | 63.95% | ||
| FCFM | 56.54% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y0.56%
OM growth 5Y2.38%
PM growth 3Y-9.07%
PM growth 5Y-17.93%
GM growth 3Y-0.11%
GM growth 5Y1.43%
F-Score6
Asset Turnover0.09
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1 | ||
| Debt/FCF | 9.95 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 2.53 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 96.34% | ||
| Current Ratio | 0.39 | ||
| Quick Ratio | 0.39 | ||
| Altman-Z | 0.78 |
F-Score6
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)101.34%
EPS 3Y-8.32%
EPS 5Y-14.29%
EPS Q2Q%462.24%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)4.06%
Revenue growth 3Y8.89%
Revenue growth 5Y21.12%
Sales Q2Q%1.57%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y2.5%
EBIT growth 3Y9.5%
EBIT growth 5Y24.01%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y13.34%
FCF growth 3Y9.01%
FCF growth 5Y24.54%
OCF growth 1Y13.34%
OCF growth 3Y9.01%
OCF growth 5Y24.54%