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FP

FP Newspapers TSXV:FP Stock Report

Last Price

CA$1.21

Market Cap

CA$8.4m

7D

10.0%

1Y

34.4%

Updated

22 May, 2022

Data

Company Financials
FP fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance2/6
Financial Health4/6
Dividends0/6

FP Stock Overview

FP Newspapers Inc. publishes, prints, and distributes daily and weekly newspapers, and specialty publications in Manitoba.

FP Newspapers Competitors

Price History & Performance

Summary of all time highs, changes and price drops for FP Newspapers
Historical stock prices
Current Share PriceCA$1.21
52 Week HighCA$1.50
52 Week LowCA$0.93
Beta0.68
1 Month Change-3.20%
3 Month Change-8.33%
1 Year Change34.44%
3 Year Change324.56%
5 Year Change734.48%
Change since IPO-87.91%

Recent News & Updates

May 14
Estimating The Fair Value Of FP Newspapers Inc. (CVE:FP)

Estimating The Fair Value Of FP Newspapers Inc. (CVE:FP)

In this article we are going to estimate the intrinsic value of FP Newspapers Inc. ( CVE:FP ) by taking the expected...

Nov 13
Calculating The Fair Value Of FP Newspapers Inc. (CVE:FP)

Calculating The Fair Value Of FP Newspapers Inc. (CVE:FP)

Today we'll do a simple run through of a valuation method used to estimate the attractiveness of FP Newspapers Inc...

Shareholder Returns

FPCA MediaCA Market
7D10.0%2.0%0.8%
1Y34.4%-7.4%4.8%

Return vs Industry: FP exceeded the Canadian Media industry which returned -7.4% over the past year.

Return vs Market: FP exceeded the Canadian Market which returned 4.9% over the past year.

Price Volatility

Is FP's price volatile compared to industry and market?
FP volatility
FP Average Weekly Movement13.5%
Media Industry Average Movement5.2%
Market Average Movement9.8%
10% most volatile stocks in CA Market17.0%
10% least volatile stocks in CA Market4.4%

Stable Share Price: FP is more volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 13% a week.

Volatility Over Time: FP's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of Canadian stocks.

About the Company

FoundedEmployeesCEOWebsite
1999n/aBob Silverhttps://www.fpnewspapers.com

FP Newspapers Inc. 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 division, and the Carillon in Steinbach. The company also delivers advertising materials and provides commercial printing services.

FP Newspapers Fundamentals Summary

How do FP Newspapers's earnings and revenue compare to its market cap?
FP fundamental statistics
Market CapCA$8.35m
Earnings (TTM)CA$822.00k
Revenue (TTM)CA$1.82m

10.2x

P/E Ratio

4.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
FP income statement (TTM)
RevenueCA$1.82m
Cost of RevenueCA$0
Gross ProfitCA$1.82m
Other ExpensesCA$1.00m
EarningsCA$822.00k

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.12
Gross Margin100.00%
Net Profit Margin45.07%
Debt/Equity Ratio0.0%

How did FP perform over the long term?

See historical performance and comparison

Valuation

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

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


9.7%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: FP (CA$1.21) is trading below our estimate of fair value (CA$1.34)

Significantly Below Fair Value: FP is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: FP is good value based on its PE Ratio (10.2x) compared to the Canadian Media industry average (11.2x).

PE vs Market: FP is good value based on its PE Ratio (10.2x) compared to the Canadian market (11.4x).


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 (1x) compared to the CA Media industry average (1.3x).


Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-2.5%

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.


Past Performance

How has FP Newspapers performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


65.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: FP has high quality earnings.

Growing Profit Margin: FP's current net profit margins (45.1%) are lower than last year (80.4%).


Past Earnings Growth Analysis

Earnings Trend: FP has become profitable over the past 5 years, growing earnings by 65.3% per year.

Accelerating Growth: FP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: FP had negative earnings growth (-80.7%) over the past year, making it difficult to compare to the Media industry average (2.4%).


Return on Equity

High ROE: FP's Return on Equity (10.1%) is considered low.


Financial Health

How is FP Newspapers's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: FP's short term assets (CA$187.0K) do not cover its short term liabilities (CA$244.0K).

Long Term Liabilities: FP's short term assets (CA$187.0K) do not cover its long term liabilities (CA$292.0K).


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


Dividend

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

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

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 recent payouts.

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


Earnings Payout to Shareholders

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


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as FP has not reported any payouts.


Discover strong dividend paying companies

Management

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

2.5yrs

Average management tenure


CEO

Bob Silver

2.5yrs

Tenure

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


Leadership Team

Experienced Management: FP's management team is considered experienced (2.5 years average tenure).


Board Members

Experienced Board: FP's board of directors are considered experienced (7.5 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 employee growth, exchange listings and data sources


Key Information

  • Name: FP Newspapers Inc.
  • Ticker: FP
  • Exchange: TSXV
  • Founded: 1999
  • Industry: Publishing
  • Sector: Media
  • Implied Market Cap: CA$8.352m
  • Shares outstanding: 6.90m
  • Website: https://www.fpnewspapers.com

Location

  • FP Newspapers Inc.
  • 650 West Georgia Street
  • Suite 2900
  • Vancouver
  • British Columbia
  • V6B 4N8
  • Canada

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/22 00:00
End of Day Share Price2022/05/16 00:00
Earnings2022/03/31
Annual Earnings2021/12/30


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.