How does F5W's PE Ratio compare to its peers?

F5W is good value based on its Price-To-Earnings Ratio (22.7x) compared to the peer average (47.3x).

How does F5W's PE Ratio compare vs other companies in the Global Industrial REITs Industry?

F5W is expensive based on its Price-To-Earnings Ratio (22.7x) compared to the Global Industrial REITs industry average (20.1x).

What is F5W's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate F5W's Price-To-Earnings Fair Ratio for valuation analysis.

What is the Fair Price of F5W when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

F5W (€49.8) is trading below our estimate of [[fair value]] (€94.15)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is less than 20% higher than the current share price.

First Industrial Realty Trust (DB:F5W) - Stock Price, News & Analysis

F5W Stock Overview

First Industrial Realty Trust, Inc. (NYSE: FR) is a leading U.S.-only owner, operator, developer and acquirer of logistics properties. More details

F5W fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	1/6
Past Performance	4/6
Financial Health	3/6
Dividends	5/6

Rewards

Trading at 47.1% below our estimate of its fair value

Revenue is forecast to grow 7.82% per year

Earnings grew by 15.2% over the past year

Pays a reliable dividend of 2.8%

Risk Analysis

Debt is not well covered by operating cash flow

Earnings are forecast to decline by an average of 6.1% per year for the next 3 years

Large one-off items impacting financial results

First Industrial Realty Trust, Inc. Competitors

STAG Industrial

NYSE:STAG

US$6.7b

CapitaLand Ascendas REIT

SGX:A17U

S$11.2b

Terreno Realty

NYSE:TRNO

US$6.0b

EastGroup Properties

NYSE:EGP

US$8.6b

Price History & Performance

Summary of all time highs, changes and price drops for First Industrial Realty Trust
Historical stock prices
Current Share Price	US$49.80
52 Week High	US$51.50
52 Week Low	US$41.00
Beta	1.09
11 Month Change	-1.39%
3 Month Change	-0.40%
1 Year Change	20.87%
33 Year Change	-7.78%
5 Year Change	29.02%
Change since IPO	48.66%

Recent updates

Shareholder Returns

	F5W	DE Industrial REITs	DE Market
7D	0.8%	0%	0%
1Y	20.9%	0%	0%

Return vs Industry: F5W exceeded the German Industrial REITs industry which returned -11.6% over the past year.

Return vs Market: F5W exceeded the German Market which returned 7.1% over the past year.

Price Volatility

Is F5W's price volatile compared to industry and market?
F5W volatility
F5W Average Weekly Movement	2.4%
Industrial REITs Industry Average Movement	0%
Market Average Movement	0%
10% most volatile stocks in DE Market	0%
10% least volatile stocks in DE Market	0%

Stable Share Price: F5W has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: F5W's weekly volatility (2%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1993	156	Peter Baccile	www.firstindustrial.com

First Industrial Realty Trust, Inc. (NYSE: FR) is a leading U.S.-only owner, operator, developer and acquirer of logistics properties. Through our fully integrated operating and investing platform, we provide high quality facilities and industry-leading customer service to multinational corporations and regional firms that are essential for their supply chains. Our portfolio and new investments are concentrated in 15 target MSAs with an emphasis on supply-constrained, coastally oriented markets.

First Industrial Realty Trust, Inc. Fundamentals Summary

How do First Industrial Realty Trust's earnings and revenue compare to its market cap?
F5W fundamental statistics
Market cap	€6.80b
Earnings (TTM)	€292.12m
Revenue (TTM)	€621.51m

22.7x

P/E Ratio

10.7x

P/S Ratio

Is F5W overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
F5W income statement (TTM)
Revenue	US$655.53m
Cost of Revenue	US$178.09m
Gross Profit	US$477.44m
Other Expenses	US$169.33m
Earnings	US$308.11m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	2.33
Gross Margin	72.83%
Net Profit Margin	47.00%
Debt/Equity Ratio	80.3%

How did F5W perform over the long term?

See historical performance and comparison

Dividends

2.8%

Current Dividend Yield

55%

Payout Ratio

Does F5W pay a reliable dividends?

See F5W dividend history and benchmarks

When do you need to buy F5W by to receive an upcoming dividend?
First Industrial Realty Trust dividend dates
Ex Dividend Date	Dec 31 2024
Dividend Pay Date	Jan 21 2025
Days until Ex dividend	39 days
Days until Dividend pay date	60 days

Does F5W pay a reliable dividends?

See F5W dividend history and benchmarks

F5W Stock Overview

Rewards

Risk Analysis

First Industrial Realty Trust, Inc. Competitors

NYSE:STAG

US$6.7b

SGX:A17U

S$11.2b

NYSE:TRNO

US$6.0b

NYSE:EGP

US$8.6b

Price History & Performance

Recent News & Updates

Third quarter dividend of US$0.37 announced

First Industrial Realty Trust, Inc. Declares Common Stock Dividend for the Quarter Ending December 31, 2024, Payable on January 21, 2025

Third quarter 2024 earnings released: EPS: US$0.75 (vs US$0.57 in 3Q 2023)

An undisclosed buyer acquired 163,000 square feet, three buildings loacted in Central Pennsylvania from First Industrial Realty Trust, Inc. (NYSE:FR) for $19 million.

First Industrial Realty Trust, Inc. to Report Q3, 2024 Results on Oct 16, 2024

Upcoming dividend of US$0.37 per share

Recent updates

Third quarter dividend of US$0.37 announced

First Industrial Realty Trust, Inc. Declares Common Stock Dividend for the Quarter Ending December 31, 2024, Payable on January 21, 2025

Third quarter 2024 earnings released: EPS: US$0.75 (vs US$0.57 in 3Q 2023)

An undisclosed buyer acquired 163,000 square feet, three buildings loacted in Central Pennsylvania from First Industrial Realty Trust, Inc. (NYSE:FR) for $19 million.

First Industrial Realty Trust, Inc. to Report Q3, 2024 Results on Oct 16, 2024

Upcoming dividend of US$0.37 per share

Second quarter dividend of US$0.37 announced

First Industrial Realty Trust, Inc. Declares Common Stock Dividends for the Quarter Ending September 30, 2024, Payable on October 21, 2024

Second quarter 2024 earnings released: EPS: US$0.39 (vs US$0.41 in 2Q 2023)

First Industrial Realty Trust, Inc. Provides Earnings Guidance for the Year 2024

First Industrial Realty Trust, Inc. to Report Q2, 2024 Results on Jul 17, 2024

First quarter dividend of US$0.37 announced

First Industrial Realty Trust, Inc. Declares Common Stock Dividend for the Quarter Ending June 30, 2024, Payable on July 15, 2024

New minor risk - Profit margin trend

First quarter 2024 earnings released: EPS: US$0.52 (vs US$0.42 in 1Q 2023)

First Industrial Realty Trust, Inc. Provides Earnings Guidance for the Year 2024

First Industrial Realty Trust, Inc. to Report Q1, 2024 Results on Apr 17, 2024

Upcoming dividend of US$0.37 per share

First Industrial Realty Trust, Inc., Annual General Meeting, Apr 30, 2024

Fourth quarter dividend of US$0.37 announced

Full year 2023 earnings released: EPS: US$2.08 (vs US$2.72 in FY 2022)

First Industrial Realty Trust, Inc. to Report Q4, 2023 Results on Feb 07, 2024

Upcoming dividend of US$0.32 per share at 2.5% yield

First Industrial Realty Trust, Inc. Declares Dividend for the Quarter Ending December 31, 2023 Payable on January 16, 2024

Third quarter 2023 earnings released: EPS: US$0.57 (vs US$0.94 in 3Q 2022)

First Industrial Realty Trust, Inc. Provides Earnings Guidance for the Year 2023

First Industrial Realty Trust, Inc. to Report Q3, 2023 Results on Oct 18, 2023

Upcoming dividend of US$0.32 per share at 2.5% yield

First Industrial Realty Trust, Inc. Declares Common Stock Dividend for the Quarter Ending September 30, 2023, Payable on October 16, 2023

New major risk - Financial position

Second quarter 2023 earnings released: EPS: US$0.41 (vs US$0.89 in 2Q 2022)

Now 21% undervalued after recent price drop

First Industrial Realty Trust, Inc. to Report Q2, 2023 Results on Jul 19, 2023

Now 21% undervalued after recent price drop

Upcoming dividend of US$0.32 per share at 2.4% yield

Insufficient new directors

First Industrial Realty Trust, Inc. Declares Common Stock Dividend for the Quarter Ending June 30, 2023, Payable on July 17, 2023

CFO, Senior VP recently sold €360k worth of stock

First quarter 2023 earnings released: FFO per share: US$0.6 (vs US$0.53 in 1Q 2022)

Now 20% undervalued after recent price drop

First Industrial Realty Trust, Inc., Annual General Meeting, May 03, 2023

Full year 2022 earnings released: EPS: US$2.72 (vs US$2.09 in FY 2021)

First Industrial Realty Trust, Inc. Provides Earnings Guidance for the Fiscal 2023

First Industrial Realty Trust, Inc. to Report Q4, 2022 Results on Feb 08, 2023

Upcoming dividend of US$0.29 per share

First Industrial Realty Trust, Inc. Declares Common Stock Dividend for the Quarter Ending December 31, 2022, Payable on January 17, 2023

Third quarter 2022 earnings released: FFO per share: US$0.6 (vs US$0.51 in 3Q 2021)

First Industrial Realty Trust, Inc. to Report Q3, 2022 Results on Oct 19, 2022

Upcoming dividend of US$0.29 per share

First Industrial Realty Trust, Inc. Declares Dividend for the Quarter Ending September 30, 2022, Payable on October 17, 2022

First Industrial Realty Trust, Inc. (NYSE:FR) acquired 12,500-square-foot building in Pacific from Sci Infrastructure, L.L.C. for $20 million.

Second quarter 2022 earnings released: EPS: US$0.89 (vs US$0.40 in 2Q 2021)

First Industrial Realty Trust, Inc. Provides Earnings Guidance for the Year 2022

First Industrial Realty Trust, Inc. to Report Q2, 2022 Results on Jul 20, 2022

Upcoming dividend of US$0.29 per share

First Industrial Realty Trust, Inc. Declares Dividend for the Quarter Ending June 30, 2022, Payable on July 18, 2022

First quarter 2022 earnings released: FFO: US$125.5m per share (vs US$0.46 in 1Q 2021)

First quarter 2022 earnings released: FFO: US$125.5m per share (vs US$0.46 in 1Q 2021)

First Industrial Realty Trust, Inc. Provides Earnings Guidance for the Year 2022