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.
Rewards
Risk Analysis
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
| FP | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | 1.0% | 2.1% |
| 30 Day | -17.1% | -6.4% | -13.8% |
| 90 Day | -27.5% | -14.0% | -21.9% |
| 1 Year | 152.2%152.2% | -6.9%-9.9% | -18.6%-21.2% |
| 3 Year | 176.2%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
1 week ago | Simply Wall St
What Kind Of Shareholders Own FP Newspapers Inc. (CVE:FP)?1 month ago | Simply Wall St
Why You Should Like FP Newspapers Inc.’s (CVE:FP) ROCE2 months ago | Simply Wall St
Shareholders Are Raving About How The FP Newspapers (CVE:FP) Share Price Increased 344%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
- Examine whether FP Newspapers is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- FP Newspapers competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Media industry.
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & Chairman | 0.42yr | no data | 0.018% CA$355.5 | |
| Independent Director | 10.08yrs | CA$8.50k | 0.60% CA$12.0k | |
| Independent Director | 10.08yrs | CA$9.00k | 0.054% CA$1.1k | |
| Independent Director | 9.08yrs | CA$9.00k | no data | |
| Director | 0.42yr | no data | no data | |
| Director | 1.92yrs | no data | no 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| FP | TSXV (TSX Venture Exchange) | Yes | Common Shares | CA | CAD | May 2002 |
| FPNU.F | OTCPK (Pink Sheets LLC) | Yes | Common Shares | US | USD | May 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/04/07 02:52 |
| End of Day Share Price | 2020/03/25 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/30 |
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.