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Terra Firma Capital TSXV:TII Stock Report

Last Price

CA$7.25

Market Cap

CA$41.0m

7D

0%

1Y

81.3%

Updated

27 Oct, 2023

Data

Company Financials

Terra Firma Capital Corporation

TSXV:TII Stock Report

Market Cap: CA$41.0m

TII Stock Overview

Terra Firma Capital Corporation provides real estate financings to homebuilders, developers, and property owners in the United States and Canada. More details

TII fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends2/6

Rewards

Trading at 20.2% below our estimate of its fair value

Risk Analysis

Earnings have declined by 0.6% per year over past 5 years

Debt is not well covered by operating cash flow

Does not have a meaningful market cap (CA$41M)

Large one-off items impacting financial results

+ 1 more risk

My Notes

Capture your thoughts, links and company narrative

Terra Firma Capital Corporation Competitors

Findev

TSXV:FDI

CA$12.7m

Dominion Lending Centres

TSX:DLCG

CA$376.6m

Firm Capital Mortgage Investment

TSX:FC

CA$439.7m

Atrium Mortgage Investment

TSX:AI

CA$519.7m

Price History & Performance

Summary of share price highs, lows and changes for Terra Firma Capital
Historical stock prices
Current Share PriceCA$7.25
52 Week HighCA$7.35
52 Week LowCA$4.00
Beta0.63
1 Month Change1.40%
3 Month Change3.57%
1 Year Change81.25%
3 Year Change61.11%
5 Year Change31.82%
Change since IPO190.00%

Recent News & Updates

Recent updates

Terra Firma Capital's (CVE:TII) Dividend Will Be $0.06

Dec 23
Terra Firma Capital's (CVE:TII) Dividend Will Be $0.06

Terra Firma Capital's (CVE:TII) Dividend Will Be $0.06

Sep 23
Terra Firma Capital's (CVE:TII) Dividend Will Be $0.06

Terra Firma Capital (CVE:TII) Has Affirmed Its Dividend Of CA$0.06

Mar 29
Terra Firma Capital (CVE:TII) Has Affirmed Its Dividend Of CA$0.06

Terra Firma Capital (CVE:TII) Has Re-Affirmed Its Dividend Of CA$0.06

Dec 19
Terra Firma Capital (CVE:TII) Has Re-Affirmed Its Dividend Of CA$0.06

Terra Firma Capital (CVE:TII) Is Due To Pay A Dividend Of CA$0.06

Nov 21
Terra Firma Capital (CVE:TII) Is Due To Pay A Dividend Of CA$0.06

Terra Firma Capital (CVE:TII) Is Due To Pay A Dividend Of CA$0.05

Aug 21
Terra Firma Capital (CVE:TII) Is Due To Pay A Dividend Of CA$0.05

Most Shareholders Will Probably Find That The CEO Compensation For Terra Firma Capital Corporation (CVE:TII) Is Reasonable

Jun 17
Most Shareholders Will Probably Find That The CEO Compensation For Terra Firma Capital Corporation (CVE:TII) Is Reasonable

Here's What You Should Know About Terra Firma Capital Corporation's (CVE:TII) 3.4% Dividend Yield

Apr 01
Here's What You Should Know About Terra Firma Capital Corporation's (CVE:TII) 3.4% Dividend Yield

Key Things To Consider Before Buying Terra Firma Capital Corporation (CVE:TII) For Its Dividend

Dec 17
Key Things To Consider Before Buying Terra Firma Capital Corporation (CVE:TII) For Its Dividend

Shareholder Returns

TIICA Diversified FinancialCA Market
7D0%1.7%-0.7%
1Y81.3%11.6%16.3%

Return vs Industry: TII exceeded the Canadian Diversified Financial industry which returned -5.6% over the past year.

Return vs Market: TII exceeded the Canadian Market which returned -0.8% over the past year.

Price Volatility

Is TII's price volatile compared to industry and market?
TII volatility
TII Average Weekly Movement2.5%
Diversified Financial Industry Average Movement4.0%
Market Average Movement8.1%
10% most volatile stocks in CA Market17.4%
10% least volatile stocks in CA Market2.9%

Stable Share Price: TII has not had significant price volatility in the past 3 months.

Volatility Over Time: TII's weekly volatility has decreased from 8% to 3% over the past year.

About the Company

FoundedEmployeesCEOWebsite
200712Glenn Watchornwww.tfcc.ca

Terra Firma Capital Corporation provides real estate financings to homebuilders, developers, and property owners in the United States and Canada. The company focuses on the provision of commercial and residential development land and project financing for urban and suburban developments. Its services include first and second mortgages and mezzanine financing; and land banking, acquisition and development loans, and selected equity financings.

Terra Firma Capital Corporation Fundamentals Summary

How do Terra Firma Capital's earnings and revenue compare to its market cap?
TII fundamental statistics
Market capCA$40.99m
Earnings (TTM)CA$1.82m
Revenue (TTM)CA$7.06m

22.5x

P/E Ratio

5.8x

P/S Ratio

Is TII overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TII income statement (TTM)
RevenueUS$5.09m
Cost of RevenueUS$57.92k
Gross ProfitUS$5.03m
Other ExpensesUS$3.72m
EarningsUS$1.31m

Last Reported Earnings

Jun 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.23
Gross Margin98.86%
Net Profit Margin25.83%
Debt/Equity Ratio183.5%

How did TII perform over the long term?

See historical performance and comparison

Dividends

3.3%

Current Dividend Yield

74%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/10/27 00:58
End of Day Share Price 2023/10/27 00:00
Earnings2023/06/30
Annual Earnings2022/12/31

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

Terra Firma Capital Corporation is covered by 5 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nick CorcoranAcumen Capital Finance Partners Limited
Vahan AjamianBeacon Securities Limited
Jeffrey FenwickCormark Securities Inc.