FIRST NATIONAL FINANCIAL - FNCN 4 1/4 PERP (FN-PR-B.CA) Stock Fundamental Analysis
Canada • Toronto Stock Exchange • TSX:FN-PR-B • CA33564P3016
23.5 CAD
0 (0%)
Last: Jan 30, 2026, 07:00 PM
FN-PR-B gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 28 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.
- In the past 5 years FN-PR-B has always been profitable.
- FN-PR-B had negative operating cash flow in 4 of the past 5 years.
1.2 Ratios
- The Return On Assets of FN-PR-B (0.34%) is worse than 75.00% of its industry peers.
- FN-PR-B has a better Return On Equity (24.60%) than 96.43% of its industry peers.
- With a Return On Invested Capital value of 0.35%, FN-PR-B is not doing good in the industry: 82.14% of the companies in the same industry are doing better.
- Measured over the past 3 years, the Average Return On Invested Capital for FN-PR-B is significantly below the industry average of 7.95%.
| 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 of 7.95%. This is comparable to the rest of the industry: FN-PR-B outperforms 42.86% of its industry peers.
- 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 78.57% of the companies in the same industry.
- In the last couple of years the Operating Margin of FN-PR-B has declined.
- FN-PR-B has a Gross Margin (25.03%) which is comparable to the rest of the industry.
- FN-PR-B's Gross Margin has declined in the last couple of years.
| 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
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), FN-PR-B is destroying value.
- FN-PR-B has about the same amout of shares outstanding than it did 1 year ago.
- The number of shares outstanding for FN-PR-B remains at a similar level compared to 5 years ago.
- The debt/assets ratio for FN-PR-B is higher compared to a year ago.
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 has a Altman-Z score of -0.04. This is amonst the worse of the industry: FN-PR-B underperforms 89.29% of its industry peers.
- The Debt to FCF ratio of FN-PR-B is 184.75, which is on the high side as it means it would take FN-PR-B, 184.75 years of fcf income to pay off all of its debts.
- FN-PR-B's Debt to FCF ratio of 184.75 is on the low side compared to the rest of the industry. FN-PR-B is outperformed by 64.29% of its industry peers.
- FN-PR-B has a Debt/Equity ratio of 71.28. This is a high value indicating a heavy dependency on external financing.
- FN-PR-B has a Debt to Equity ratio of 71.28. This is amonst the worse of the industry: FN-PR-B underperforms 89.29% of its industry peers.
| 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.
- With a Current ratio value of 0.05, FN-PR-B is not doing good in the industry: 78.57% of the companies in the same industry are doing better.
- A Quick Ratio of 0.05 indicates that FN-PR-B may have some problems paying its short term obligations.
- FN-PR-B's Quick ratio of 0.05 is on the low side compared to the rest of the industry. FN-PR-B is outperformed by 78.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.05 | ||
| Quick Ratio | 0.05 |
3. Growth
3.1 Past
- FN-PR-B shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -19.69%.
- FN-PR-B shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 2.03% yearly.
- The Revenue has grown by 8.85% in the past year. This is quite good.
- The Revenue has been growing by 10.82% on average over the past years. This is quite good.
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
- Based on estimates for the next years, FN-PR-B will show a small growth in Earnings Per Share. The EPS will grow by 7.25% on average per year.
- 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.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 7.68, which indicates a rather cheap valuation of FN-PR-B.
- 92.86% of the companies in the same industry are more expensive than FN-PR-B, based on the Price/Earnings ratio.
- The average S&P500 Price/Earnings ratio is at 28.32. FN-PR-B is valued rather cheaply when compared to this.
- FN-PR-B is valuated cheaply with a Price/Forward Earnings ratio of 5.79.
- Based on the Price/Forward Earnings ratio, FN-PR-B is valued cheaper than 92.86% of the companies in the same industry.
- When comparing the Price/Forward Earnings ratio of FN-PR-B to the average of the S&P500 Index (25.57), we can say FN-PR-B is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.68 | ||
| Fwd PE | 5.79 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, FN-PR-B is valued a bit cheaper than the industry average as 67.86% of the companies are valued more expensively.
- FN-PR-B's Price/Free Cash Flow ratio is rather cheap when compared to the industry. FN-PR-B is cheaper than 100.00% of the companies in the same industry.
| 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.
- FN-PR-B's Dividend Yield is slightly below the industry average, which is at 5.61.
- Compared to an average S&P500 Dividend Yield of 1.83, 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 1/4 PERP / FN-PR-B.CA FAQ
Can you provide the ChartMill fundamental rating for FIRST NATIONAL FINANCIAL - FNCN 4 1/4 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 1/4 PERP (FN-PR-B.CA) stock?
ChartMill assigns a valuation rating of 7 / 10 to FIRST NATIONAL FINANCIAL - FNCN 4 1/4 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 1/4 PERP (FN-PR-B.CA) has a profitability rating of 3 / 10.
What is the financial health of FIRST NATIONAL FINANCIAL - FNCN 4 1/4 PERP (FN-PR-B.CA) stock?
The financial health rating of FIRST NATIONAL FINANCIAL - FNCN 4 1/4 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 1/4 PERP (FN-PR-B.CA) is expected to grow by 2.15% in the next year.