TSXV:FP

Stock Analysis Report

FP Newspapers

Executive Summary

FP Newspapers Inc., through its interest in the FP Canadian Newspaper Limited Partnership, publishes, prints, and distributes daily and weekly newspapers, and specialty publications in Manitoba.


Snowflake Analysis

Excellent balance sheet and fair value.


Similar Companies

Share Price & News

How has FP Newspapers's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

FP

1.0%

CA Media

2.1%

CA Market


1 Year Return

152.2%

FP

-9.9%

CA Media

-21.2%

CA Market

Return vs Industry: FP exceeded the Canadian Media industry which returned -15.4% over the past year.

Return vs Market: FP exceeded the Canadian Market which returned -24.8% over the past year.


Shareholder returns

FPIndustryMarket
7 Day0%1.0%2.1%
30 Day-17.1%-6.4%-13.8%
90 Day-27.5%-14.0%-21.9%
1 Year152.2%152.2%-6.9%-9.9%-18.6%-21.2%
3 Year176.2%176.2%6.7%-5.4%-11.0%-19.3%
5 Year-86.3%-86.8%15.4%-7.0%1.6%-13.6%

Price Volatility Vs. Market

How volatile is FP Newspapers's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is FP Newspapers undervalued compared to its fair value and its price relative to the market?

1.52x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate FP's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate FP's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: FP is good value based on its PE Ratio (1.5x) compared to the Media industry average (6.8x).

PE vs Market: FP is good value based on its PE Ratio (1.5x) compared to the Canadian market (10.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate FP's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: FP is good value based on its PB Ratio (0.5x) compared to the CA Media industry average (0.6x).


Next Steps

Future Growth

How is FP Newspapers forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

3.8%

Forecasted Media industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as FP Newspapers has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has FP Newspapers performed over the past 5 years?

19.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FP has a high level of non-cash earnings.

Growing Profit Margin: FP became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: FP has become profitable over the past 5 years, growing earnings by 19.9% per year.

Accelerating Growth: FP has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: FP has become profitable in the last year, making it difficult to compare its past year earnings growth to the Media industry (81.7%).


Return on Equity

High ROE: FP's Return on Equity (30%) is considered high.


Next Steps

Financial Health

How is FP Newspapers's financial position?


Financial Position Analysis

Short Term Liabilities: FP's short term assets (CA$155.0K) exceed its short term liabilities (CA$39.0K).

Long Term Liabilities: FP's short term assets (CA$155.0K) do not cover its long term liabilities (CA$410.0K).


Debt to Equity History and Analysis

Debt Level: FP is debt free.

Reducing Debt: FP has not had any debt for past 5 years.

Debt Coverage: FP has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: FP has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is FP Newspapers's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate FP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate FP's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if FP's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if FP's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: FP is not paying a notable dividend for the Canadian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of FP's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.5yrs

Average board tenure


CEO

Bob Silver

0.42

Tenure

Mr. Robert Irwin Silver, also known as Bob, has been the President and Chairman of FP Newspapers Inc. since November 21, 2019. Mr. Silver is the Co-Owner of Western Glove Works Ltd and serves as its Presid ...


Board Members

NamePositionTenureCompensationOwnership
Robert Silver
President & Chairman0.42yrno data0.018% CA$355.5
George Dembroski
Independent Director10.08yrsCA$8.50k0.60% CA$12.0k
Harvey Secter
Independent Director10.08yrsCA$9.00k0.054% CA$1.1k
Phil de Montmollin
Independent Director9.08yrsCA$9.00kno data
Darryl Levy
Director0.42yrno datano data
Aldo Santin
Director1.92yrsno datano data

5.5yrs

Average Tenure

Experienced Board: FP's board of directors are considered experienced (5.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

FP Newspapers Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: FP Newspapers Inc.
  • Ticker: FP
  • Exchange: TSXV
  • Founded: 1999
  • Industry: Publishing
  • Sector: Media
  • Market Cap: CA$2.002m
  • Shares outstanding: 6.90m
  • Website: https://www.fpnewspapers.com

Location

  • FP Newspapers Inc.
  • 1355 Mountain Avenue
  • Winnipeg
  • Manitoba
  • R2X 3B6
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FPTSXV (TSX Venture Exchange)YesCommon SharesCACADMay 2002
FPNU.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDMay 2002

Biography

FP Newspapers Inc., through its interest in the FP Canadian Newspaper Limited Partnership, publishes, prints, and distributes daily and weekly newspapers, and specialty publications in Manitoba. It owns and publishes the Winnipeg Free Press, Brandon Sun, Canstar Community News weekly newspapers, and the Carillon in Steinbach. The company also delivers advertising materials; and provides commercial printing services. FP Newspapers Inc. was founded in 1999 and is based in Winnipeg, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/07 02:52
End of Day Share Price2020/03/25 00:00
Earnings2019/09/30
Annual Earnings2018/12/30


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.