FIRST NATIONAL FINANCIAL - FNCN 4.24 PERP (FN-PR-B.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:FN-PR-B - CA33564P3016
23.5 CAD
-0.5 (-2.08%)
Taking everything into account, FN-PR-B scores 3 out of 10 in our fundamental rating. FN-PR-B was compared to 26 industry peers in the Financial Services industry. Both the profitability and financial health of FN-PR-B have multiple concerns. A decent growth rate in combination with a cheap valuation! Better keep an eye on FN-PR-B.
1. Profitability
1.1 Basic Checks
FN-PR-B had positive earnings in the past year.
In the past year FN-PR-B had a positive cash flow from operations.
FN-PR-B had positive earnings in each of the past 5 years.
FN-PR-B had negative operating cash flow in 4 of the past 5 years.
1.2 Ratios
FN-PR-B has a worse Return On Assets (0.34%) than 73.08% of its industry peers.
The Return On Equity of FN-PR-B (24.60%) is better than 100.00% of its industry peers.
The Return On Invested Capital of FN-PR-B (0.35%) is worse than 80.77% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for FN-PR-B is significantly below the industry average of 5.80%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.34% | ||
| ROE | 24.6% | ||
| ROIC | 0.35% |
ROA(3y)0.46%
ROA(5y)0.46%
ROE(3y)29.54%
ROE(5y)30.93%
ROIC(3y)0.47%
ROIC(5y)0.47%
1.3 Margins
FN-PR-B has a Profit Margin (7.95%) which is comparable to the rest of the industry.
In the last couple of years the Profit Margin of FN-PR-B has declined.
Looking at the Operating Margin, with a value of 11.01%, FN-PR-B is doing worse than 76.92% of the companies in the same industry.
FN-PR-B's Operating Margin has declined in the last couple of years.
FN-PR-B's Gross Margin of 25.03% is in line compared to the rest of the industry. FN-PR-B outperforms 57.69% of its industry peers.
In the last couple of years the Gross Margin of FN-PR-B has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.01% | ||
| PM (TTM) | 7.95% | ||
| GM | 25.03% |
OM growth 3Y-12.95%
OM growth 5Y-7.29%
PM growth 3Y-13.2%
PM growth 5Y-7.28%
GM growth 3Y-10.39%
GM growth 5Y-2.89%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so FN-PR-B is destroying value.
Compared to 1 year ago, FN-PR-B has about the same amount of shares outstanding.
The number of shares outstanding for FN-PR-B remains at a similar level compared to 5 years ago.
FN-PR-B has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of -0.04, we must say that FN-PR-B is in the distress zone and has some risk of bankruptcy.
FN-PR-B's Altman-Z score of -0.04 is on the low side compared to the rest of the industry. FN-PR-B is outperformed by 92.31% of its industry peers.
FN-PR-B has a debt to FCF ratio of 184.75. This is a negative value and a sign of low solvency as FN-PR-B would need 184.75 years to pay back of all of its debts.
With a Debt to FCF ratio value of 184.75, FN-PR-B is not doing good in the industry: 61.54% of the companies in the same industry are doing better.
A Debt/Equity ratio of 71.28 is on the high side and indicates that FN-PR-B has dependencies on debt financing.
With a Debt to Equity ratio value of 71.28, FN-PR-B is not doing good in the industry: 88.46% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 71.28 | ||
| Debt/FCF | 184.75 | ||
| Altman-Z | -0.04 |
ROIC/WACC0.16
WACC2.18%
2.3 Liquidity
A Current Ratio of 0.05 indicates that FN-PR-B may have some problems paying its short term obligations.
FN-PR-B has a Current ratio of 0.05. This is amonst the worse of the industry: FN-PR-B underperforms 80.77% of its industry peers.
FN-PR-B has a Quick Ratio of 0.05. This is a bad value and indicates that FN-PR-B is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.05, FN-PR-B is not doing good in the industry: 80.77% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.05 | ||
| Quick Ratio | 0.05 |
3. Growth
3.1 Past
The earnings per share for FN-PR-B have decreased strongly by -19.69% in the last year.
Measured over the past 5 years, FN-PR-B shows a small growth in Earnings Per Share. The EPS has been growing by 2.03% on average per year.
The Revenue has grown by 8.85% in the past year. This is quite good.
FN-PR-B shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 10.82% yearly.
EPS 1Y (TTM)-19.69%
EPS 3Y1.44%
EPS 5Y2.03%
EPS Q2Q%16.85%
Revenue 1Y (TTM)8.85%
Revenue growth 3Y16.71%
Revenue growth 5Y10.82%
Sales Q2Q%23.39%
3.2 Future
FN-PR-B is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.25% yearly.
Based on estimates for the next years, FN-PR-B will show a small growth in Revenue. The Revenue will grow by 5.01% on average per year.
EPS Next Y2.15%
EPS Next 2Y10.19%
EPS Next 3Y7.25%
EPS Next 5YN/A
Revenue Next Year6.11%
Revenue Next 2Y7.29%
Revenue Next 3Y5.01%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
FN-PR-B is valuated cheaply with a Price/Earnings ratio of 7.68.
Based on the Price/Earnings ratio, FN-PR-B is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
FN-PR-B's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.60.
A Price/Forward Earnings ratio of 5.79 indicates a rather cheap valuation of FN-PR-B.
Based on the Price/Forward Earnings ratio, FN-PR-B is valued cheaper than 100.00% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.23. FN-PR-B is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.68 | ||
| Fwd PE | 5.79 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of FN-PR-B indicates a somewhat cheap valuation: FN-PR-B is cheaper than 73.08% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, FN-PR-B is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 0.24 | ||
| EV/EBITDA | 180.64 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)3.57
PEG (5Y)3.77
EPS Next 2Y10.19%
EPS Next 3Y7.25%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.24%, FN-PR-B has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 5.82, FN-PR-B is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 2.00, FN-PR-B pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.24% |
5.2 History
The dividend of FN-PR-B has a limited annual growth rate of 4.25%.
FN-PR-B has been paying a dividend for at least 10 years, so it has a reliable track record.
FN-PR-B has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)4.25%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
FN-PR-B pays out 99.34% of its income as dividend. This is not a sustainable payout ratio.
FN-PR-B's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP99.34%
EPS Next 2Y10.19%
EPS Next 3Y7.25%
FIRST NATIONAL FINANCIAL - FNCN 4.24 PERP
TSX:FN-PR-B (12/31/2025, 7:00:00 PM)
23.5
-0.5 (-2.08%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)
Earnings (Next)
Inst Owners6.66%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap70.03M
Revenue(TTM)2.31B
Net Income(TTM)183.66M
Analysts40
Price Target21.24 (-9.62%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.24% |
Yearly Dividend3.02
Dividend Growth(5Y)4.25%
DP99.34%
Div Incr Years3
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-21.25%
Min EPS beat(2)-51.46%
Max EPS beat(2)8.96%
EPS beat(4)2
Avg EPS beat(4)-19.04%
Min EPS beat(4)-51.46%
Max EPS beat(4)8.96%
EPS beat(8)3
Avg EPS beat(8)-5.78%
EPS beat(12)5
Avg EPS beat(12)2.58%
EPS beat(16)7
Avg EPS beat(16)2.11%
Revenue beat(2)1
Avg Revenue beat(2)-4.35%
Min Revenue beat(2)-18.02%
Max Revenue beat(2)9.31%
Revenue beat(4)2
Avg Revenue beat(4)-5.71%
Min Revenue beat(4)-18.02%
Max Revenue beat(4)9.31%
Revenue beat(8)4
Avg Revenue beat(8)16%
Revenue beat(12)8
Avg Revenue beat(12)40.65%
Revenue beat(16)12
Avg Revenue beat(16)52.39%
PT rev (1m)0%
PT rev (3m)-0.22%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.68 | ||
| Fwd PE | 5.79 | ||
| P/S | 0.03 | ||
| P/FCF | 0.24 | ||
| P/OCF | 0.24 | ||
| P/B | 0.09 | ||
| P/tB | 0.1 | ||
| EV/EBITDA | 180.64 |
EPS(TTM)3.06
EY13.02%
EPS(NY)4.06
Fwd EY17.26%
FCF(TTM)96.65
FCFY411.29%
OCF(TTM)97.21
OCFY413.65%
SpS775.39
BVpS250.52
TBVpS240.53
PEG (NY)3.57
PEG (5Y)3.77
Graham Number131.33
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.34% | ||
| ROE | 24.6% | ||
| ROCE | 0.52% | ||
| ROIC | 0.35% | ||
| ROICexc | 0.35% | ||
| ROICexgc | 0.35% | ||
| OM | 11.01% | ||
| PM (TTM) | 7.95% | ||
| GM | 25.03% | ||
| FCFM | 12.47% |
ROA(3y)0.46%
ROA(5y)0.46%
ROE(3y)29.54%
ROE(5y)30.93%
ROIC(3y)0.47%
ROIC(5y)0.47%
ROICexc(3y)0.47%
ROICexc(5y)0.47%
ROICexgc(3y)0.47%
ROICexgc(5y)0.47%
ROCE(3y)0.7%
ROCE(5y)0.71%
ROICexgc growth 3Y-4.65%
ROICexgc growth 5Y-3.34%
ROICexc growth 3Y-4.64%
ROICexc growth 5Y-3.34%
OM growth 3Y-12.95%
OM growth 5Y-7.29%
PM growth 3Y-13.2%
PM growth 5Y-7.28%
GM growth 3Y-10.39%
GM growth 5Y-2.89%
F-Score5
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 71.28 | ||
| Debt/FCF | 184.75 | ||
| Debt/EBITDA | 199.55 | ||
| Cap/Depr | 13.55% | ||
| Cap/Sales | 0.07% | ||
| Interest Coverage | 0.17 | ||
| Cash Conversion | 108.63% | ||
| Profit Quality | 156.82% | ||
| Current Ratio | 0.05 | ||
| Quick Ratio | 0.05 | ||
| Altman-Z | -0.04 |
F-Score5
WACC2.18%
ROIC/WACC0.16
Cap/Depr(3y)54.65%
Cap/Depr(5y)111.75%
Cap/Sales(3y)0.43%
Cap/Sales(5y)0.77%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-19.69%
EPS 3Y1.44%
EPS 5Y2.03%
EPS Q2Q%16.85%
EPS Next Y2.15%
EPS Next 2Y10.19%
EPS Next 3Y7.25%
EPS Next 5YN/A
Revenue 1Y (TTM)8.85%
Revenue growth 3Y16.71%
Revenue growth 5Y10.82%
Sales Q2Q%23.39%
Revenue Next Year6.11%
Revenue Next 2Y7.29%
Revenue Next 3Y5.01%
Revenue Next 5YN/A
EBIT growth 1Y-19.24%
EBIT growth 3Y1.6%
EBIT growth 5Y2.74%
EBIT Next Year-98.27%
EBIT Next 3Y-72.17%
EBIT Next 5YN/A
FCF growth 1Y12.08%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y8.58%
OCF growth 3YN/A
OCF growth 5YN/A
FIRST NATIONAL FINANCIAL - FNCN 4.24 PERP / FN-PR-B.CA FAQ
Can you provide the ChartMill fundamental rating for FIRST NATIONAL FINANCIAL - FNCN 4.24 PERP?
ChartMill assigns a fundamental rating of 3 / 10 to FN-PR-B.CA.
What is the valuation status of FIRST NATIONAL FINANCIAL - FNCN 4.24 PERP (FN-PR-B.CA) stock?
ChartMill assigns a valuation rating of 7 / 10 to FIRST NATIONAL FINANCIAL - FNCN 4.24 PERP (FN-PR-B.CA). This can be considered as Undervalued.
What is the profitability of FN-PR-B stock?
FIRST NATIONAL FINANCIAL - FNCN 4.24 PERP (FN-PR-B.CA) has a profitability rating of 3 / 10.
What is the financial health of FIRST NATIONAL FINANCIAL - FNCN 4.24 PERP (FN-PR-B.CA) stock?
The financial health rating of FIRST NATIONAL FINANCIAL - FNCN 4.24 PERP (FN-PR-B.CA) is 0 / 10.
Can you provide the expected EPS growth for FN-PR-B stock?
The Earnings per Share (EPS) of FIRST NATIONAL FINANCIAL - FNCN 4.24 PERP (FN-PR-B.CA) is expected to grow by 2.15% in the next year.