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FPO

First Property GroupAIM:FPO Stock Report

Market Cap

UK£37.5m

7D

7.1%

1Y

-6.8%

Updated

27 Nov, 2021

Data

Company Financials +
FPO fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends1/6

FPO Stock Overview

First Property Group plc is a real estate investment firm.

Price History & Performance

Summary of all time highs, changes and price drops for First Property Group
Historical stock prices
Current Share PriceUK£0.34
52 Week HighUK£0.41
52 Week LowUK£0.27
Beta0.63
1 Month Change11.48%
3 Month Change8.80%
1 Year Change-6.85%
3 Year Change-35.85%
5 Year Change-27.66%
Change since IPO-37.04%

Recent News & Updates

Mar 30
A Look At The Intrinsic Value Of First Property Group plc (LON:FPO)

A Look At The Intrinsic Value Of First Property Group plc (LON:FPO)

In this article we are going to estimate the intrinsic value of First Property Group plc ( LON:FPO ) by estimating the...

Mar 09
Is First Property Group (LON:FPO) Using Too Much Debt?

Is First Property Group (LON:FPO) Using Too Much Debt?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...

Feb 16
Are First Property Group's (LON:FPO) Statutory Earnings A Good Guide To Its Underlying Profitability?

Are First Property Group's (LON:FPO) Statutory Earnings A Good Guide To Its Underlying Profitability?

As a general rule, we think profitable companies are less risky than companies that lose money. Having said that...

Shareholder Returns

FPOGB Real EstateGB Market
7D7.1%-3.2%-3.0%
1Y-6.8%14.0%11.7%

Return vs Industry: FPO underperformed the UK Real Estate industry which returned 14% over the past year.

Return vs Market: FPO underperformed the UK Market which returned 11.7% over the past year.

Price Volatility

Is FPO's price volatile compared to industry and market?
FPO volatility
FPO Average Weekly Movement2.8%
Real Estate Industry Average Movement3.9%
Market Average Movement4.8%
10% most volatile stocks in GB Market9.7%
10% least volatile stocks in GB Market2.5%

Stable Share Price: FPO is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: FPO's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a65Ben Habibhttps://www.fprop.com

First Property Group plc is a real estate investment firm. It provides fund management, financial, and technical services to the property industry in the United Kingdom and other European countries. The firm manages commercial properties of various fund investors, as well as involves in property investment and trading, property equity finance, and online activities.

First Property Group Fundamentals Summary

How do First Property Group's earnings and revenue compare to its market cap?
FPO fundamental statistics
Market CapUK£37.53m
Earnings (TTM)-UK£1.51m
Revenue (TTM)UK£9.82m

3.8x

P/S Ratio

-24.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
FPO income statement (TTM)
RevenueUK£9.82m
Cost of RevenueUK£4.23m
Gross ProfitUK£5.59m
ExpensesUK£7.10m
Earnings-UK£1.51m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.014
Gross Margin56.91%
Net Profit Margin-15.34%
Debt/Equity Ratio33.3%

How did FPO perform over the long term?

See historical performance and comparison

Dividends

1.5%

Current Dividend Yield

-18%

Payout Ratio

Does FPO pay a reliable dividends?

See FPO dividend history and benchmarks
When do you need to buy FPO by to receive an upcoming dividend?
First Property Group dividend dates
Ex Dividend DateDec 02 2021
Dividend Pay DateJan 07 2022
Days until Ex dividend4 days
Days until Dividend pay date40 days

Does FPO pay a reliable dividends?

See FPO dividend history and benchmarks

Valuation

Is First Property Group undervalued compared to its fair value and its price relative to the market?

0.87x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: FPO (£0.34) is trading above our estimate of fair value (£0.12)

Significantly Below Fair Value: FPO is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: FPO is unprofitable, so we can't compare its PE Ratio to the UK Real Estate industry average.

PE vs Market: FPO is unprofitable, so we can't compare its PE Ratio to the UK market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: FPO's PB Ratio (0.9x) is in line with the GB Real Estate industry average.


Future Growth

How is First Property Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

22.4%

Forecasted Real Estate 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 First Property Group 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 First Property Group performed over the past 5 years?

-38.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FPO is currently unprofitable.

Growing Profit Margin: FPO is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: FPO is unprofitable, and losses have increased over the past 5 years at a rate of 38.3% per year.

Accelerating Growth: Unable to compare FPO's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: FPO is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (38.5%).


Return on Equity

High ROE: FPO has a negative Return on Equity (-3.35%), as it is currently unprofitable.


Financial Health

How is First Property Group's financial position?


Financial Position Analysis

Short Term Liabilities: FPO's short term assets (£29.9M) exceed its short term liabilities (£7.7M).

Long Term Liabilities: FPO's short term assets (£29.9M) exceed its long term liabilities (£27.3M).


Debt to Equity History and Analysis

Debt Level: FPO's net debt to equity ratio (5.2%) is considered satisfactory.

Reducing Debt: FPO's debt to equity ratio has reduced from 196.4% to 33.3% over the past 5 years.

Debt Coverage: FPO's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if FPO's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is First Property Group current dividend yield, its reliability and sustainability?

1.47%

Current Dividend Yield


Upcoming Dividend Payment

TodayNov 27 2021Ex Dividend DateDec 02 2021Dividend Pay DateJan 07 202236 days from Ex DividendBuy in the next 4 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: FPO's dividend (1.47%) is higher than the bottom 25% of dividend payers in the UK market (1.37%).

High Dividend: FPO's dividend (1.47%) is low compared to the top 25% of dividend payers in the UK market (4.15%).


Stability and Growth of Payments

Stable Dividend: FPO's dividend payments have been volatile in the past 10 years.

Growing Dividend: FPO's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: FPO is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

2.3yrs

Average management tenure


CEO

Ben Habib

21.83yrs

Tenure

UK£385,000

Compensation

Mr. Benyamin N. Habib, also known as Ben, MA (Cantab) founded First Property Group PLC in 2000 and has been its Chief Executive Officer since 2000. He served as Chief Investment Officer of First Property G...


CEO Compensation Analysis

Compensation vs Market: Ben's total compensation ($USD512.72K) is above average for companies of similar size in the UK market ($USD324.88K).

Compensation vs Earnings: Ben's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: FPO's management team is considered experienced (2.3 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

First Property Group plc's employee growth, exchange listings and data sources


Key Information

  • Name: First Property Group plc
  • Ticker: FPO
  • Exchange: AIM
  • Founded: NaN
  • Industry: Diversified Real Estate Activities
  • Sector: Real Estate
  • Market Cap: UK£37.530m
  • Shares outstanding: 110.38m
  • Website: https://www.fprop.com

Number of Employees


Location

  • First Property Group plc
  • 32 St James’s Street
  • London
  • Greater London
  • SW1A 1HD
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/27 18:56
End of Day Share Price2021/11/26 00:00
Earnings2021/09/30
Annual Earnings2021/03/31


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.