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First National Financial TSX:FN.PRA Stock Report

Last Price

CA$14.50

Market Cap

CA$2.4b

7D

3.6%

1Y

31.8%

Updated

22 Dec, 2024

Data

Company Financials +

First National Financial Corporation

TSX:FN.PRA Stock Report

Market Cap: CA$2.4b

FN.PRA Stock Overview

First National Financial Corporation, together with its subsidiaries, originates, underwrites, and services commercial and residential mortgages in Canada. More details

FN.PRA fundamental analysis
Snowflake Score
Valuation4/6
Future Growth4/6
Past Performance2/6
Financial Health2/6
Dividends5/6

Rewards

Trading at 43.4% below our estimate of its fair value

Earnings are forecast to grow 15.86% per year

Pays a reliable dividend of 6.07%

Risk Analysis

Debt is not well covered by operating cash flow


My Notes

Capture your thoughts, links and company narrative

First National Financial Corporation Competitors

MCAN Mortgage

TSX:MKP

CA$690.1m

Atrium Mortgage Investment

TSX:AI

CA$513.6m

Timbercreek Financial

TSX:TF

CA$583.6m

Firm Capital Mortgage Investment

TSX:FC

CA$436.0m

Price History & Performance

Summary of share price highs, lows and changes for First National Financial
Historical stock prices
Current Share PriceCA$14.50
52 Week HighCA$14.60
52 Week LowCA$10.80
Beta1.08
1 Month Change9.43%
3 Month Change9.85%
1 Year Change31.82%
3 Year Change5.07%
5 Year Change18.56%
Change since IPO-40.82%

Recent News & Updates

Recent updates

Shareholder Returns

FN.PRACA Diversified FinancialCA Market
7D3.6%-1.0%-2.6%
1Y31.8%8.4%15.2%

Return vs Industry: FN.PRA exceeded the Canadian Diversified Financial industry which returned 8.6% over the past year.

Return vs Market: FN.PRA exceeded the Canadian Market which returned 15.2% over the past year.

Price Volatility

Is FN.PRA's price volatile compared to industry and market?
FN.PRA volatility
FN.PRA Average Weekly Movement3.1%
Diversified Financial Industry Average Movement3.9%
Market Average Movement8.2%
10% most volatile stocks in CA Market17.4%
10% least volatile stocks in CA Market2.9%

Stable Share Price: FN.PRA has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: FN.PRA's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19881,745Jason Elliswww.firstnational.ca

First National Financial Corporation, together with its subsidiaries, originates, underwrites, and services commercial and residential mortgages in Canada. It operates in two segments, Residential and Commercial segments. The company offers single-family and multi-unit residential, and commercial mortgages.

First National Financial Corporation Fundamentals Summary

How do First National Financial's earnings and revenue compare to its market cap?
FN.PRA fundamental statistics
Market capCA$2.42b
Earnings (TTM)CA$180.66m
Revenue (TTM)CA$639.29m

13.4x

P/E Ratio

3.8x

P/S Ratio

Is FN.PRA overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FN.PRA income statement (TTM)
RevenueCA$639.29m
Cost of RevenueCA$89.27m
Gross ProfitCA$550.02m
Other ExpensesCA$369.36m
EarningsCA$180.66m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)3.01
Gross Margin86.04%
Net Profit Margin28.26%
Debt/Equity Ratio6,645.5%

How did FN.PRA perform over the long term?

See historical performance and comparison

Dividends

6.1%

Current Dividend Yield

81%

Payout Ratio

Does FN.PRA pay a reliable dividends?

See FN.PRA dividend history and benchmarks
When do you need to buy FN.PRA by to receive an upcoming dividend?
First National Financial dividend dates
Ex Dividend DateDec 31 2024
Dividend Pay DateJan 15 2025
Days until Ex dividend8 days
Days until Dividend pay date23 days

Does FN.PRA pay a reliable dividends?

See FN.PRA dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 12:47
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

First National Financial Corporation is covered by 10 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Etienne RicardBMO Capital Markets Equity Research
Nikolaus PriebeCIBC Capital Markets
Marc CharbinJennings Capital Inc.