FIRSTROCKJMD Stock Overview
First Rock Real Estate Investments Limited engages in the real estate acquisition and development business in Jamaica, the Republic of Costa Rica, and the Cayman Islands.
First Rock Real Estate Investments Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||JA$13.75|
|52 Week High||JA$14.65|
|52 Week Low||JA$9.00|
|1 Month Change||19.56%|
|3 Month Change||17.02%|
|1 Year Change||5.77%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||34.15%|
Recent News & Updates
|FIRSTROCKJMD||JM Real Estate||JM Market|
Return vs Industry: FIRSTROCKJMD matched the JM Real Estate industry which returned 5.3% over the past year.
Return vs Market: FIRSTROCKJMD exceeded the JM Market which returned -6.9% over the past year.
|FIRSTROCKJMD Average Weekly Movement||11.3%|
|Real Estate Industry Average Movement||6.1%|
|Market Average Movement||9.5%|
|10% most volatile stocks in JM Market||16.0%|
|10% least volatile stocks in JM Market||5.6%|
Stable Share Price: FIRSTROCKJMD is not significantly more volatile than the rest of JM stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: FIRSTROCKJMD's weekly volatility (11%) has been stable over the past year.
About the Company
First Rock Real Estate Investments Limited engages in the real estate acquisition and development business in Jamaica, the Republic of Costa Rica, and the Cayman Islands. The company rents residential and commercial properties. It is also involved in the acquisition of private equity investments, and property investment activities.
First Rock Real Estate Investments Fundamentals Summary
|FIRSTROCKJMD fundamental statistics|
Is FIRSTROCKJMD overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|FIRSTROCKJMD income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||0.02|
|Net Profit Margin||79.25%|
How did FIRSTROCKJMD perform over the long term?See historical performance and comparison
Is FIRSTROCKJMD undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 2/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for FIRSTROCKJMD?
Other financial metrics that can be useful for relative valuation.
|What is FIRSTROCKJMD's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does FIRSTROCKJMD's PE Ratio compare to its peers?
|FIRSTROCKJMD PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
SML Stanley Motta
PJAM PanJam Investment
KPREIT Kingston Properties
TFC PTFC Redevelopment
FIRSTROCKJMD First Rock Real Estate Investments
Price-To-Earnings vs Peers: FIRSTROCKJMD is good value based on its Price-To-Earnings Ratio (4.6x) compared to the peer average (8.6x).
Price to Earnings Ratio vs Industry
How does FIRSTROCKJMD's PE Ratio compare vs other companies in the South American Real Estate Industry?
Price-To-Earnings vs Industry: FIRSTROCKJMD is good value based on its Price-To-Earnings Ratio (4.6x) compared to the South American Real Estate industry average (8.2x)
Price to Earnings Ratio vs Fair Ratio
What is FIRSTROCKJMD'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.
|Current PE Ratio||4.6x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate FIRSTROCKJMD's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of FIRSTROCKJMD when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: FIRSTROCKJMD (JMD13.75) is trading above our estimate of fair value (JMD4.59)
Significantly Below Fair Value: FIRSTROCKJMD is trading above our estimate of fair value.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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How is First Rock Real Estate Investments forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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 Rock Real Estate Investments 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.
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How has First Rock Real Estate Investments performed over the past 5 years?
Past Performance Score1/6
Past Performance Score 1/6
Growing Profit Margin
Earnings vs Industry
Last years earnings growth
Earnings and Revenue History
Quality Earnings: FIRSTROCKJMD has a large one-off gain of $4.4M impacting its June 30 2022 financial results.
Growing Profit Margin: FIRSTROCKJMD's current net profit margins (79.3%) are lower than last year .
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if FIRSTROCKJMD's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Insufficient data to compare FIRSTROCKJMD's past year earnings growth to its 5-year average.
Earnings vs Industry: FIRSTROCKJMD earnings growth over the past year (116.6%) exceeded the Real Estate industry 35.7%.
Return on Equity
High ROE: FIRSTROCKJMD's Return on Equity (15.1%) is considered low.
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How is First Rock Real Estate Investments's financial position?
Financial Health Score3/6
Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: FIRSTROCKJMD's short term assets ($18.7M) exceed its short term liabilities ($9.0M).
Long Term Liabilities: FIRSTROCKJMD's short term assets ($18.7M) exceed its long term liabilities ($12.6M).
Debt to Equity History and Analysis
Debt Level: FIRSTROCKJMD's net debt to equity ratio (43.2%) is considered high.
Reducing Debt: Insufficient data to determine if FIRSTROCKJMD's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: FIRSTROCKJMD's debt is not well covered by operating cash flow (2.3%).
Interest Coverage: FIRSTROCKJMD's interest payments on its debt are well covered by EBIT (3.2x coverage).
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What is First Rock Real Estate Investments's current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
Dividend Yield vs Market
|First Rock Real Estate Investments Dividend Yield vs Market|
|Company (First Rock Real Estate Investments)||0%|
|Market Bottom 25% (JM)||1.6%|
|Market Top 25% (JM)||3.5%|
|Industry Average (Real Estate)||4.3%|
|Analyst forecast in 3 Years (First Rock Real Estate Investments)||n/a|
Notable Dividend: Unable to evaluate FIRSTROCKJMD's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate FIRSTROCKJMD'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 FIRSTROCKJMD's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if FIRSTROCKJMD's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: FIRSTROCKJMD is not paying a notable dividend for the JM market.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as FIRSTROCKJMD has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
First Rock Real Estate Investments has no CEO, or we have no data on them.
Experienced Board: FIRSTROCKJMD's board of directors are considered experienced (4.7 years average tenure).
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.
|Owner Type||Number of Shares||Ownership Percentage|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
First Rock Real Estate Investments Limited's employee growth, exchange listings and data sources
- Name: First Rock Real Estate Investments Limited
- Ticker: FIRSTROCKJMD
- Exchange: JMSE
- Founded: 2017
- Industry: Real Estate Operating Companies
- Sector: Real Estate
- Implied Market Cap: JA$3.933b
- Shares outstanding: 286.03m
- Website: https://www.firstrockcap.com
- First Rock Real Estate Investments Limited
- 14 Canberra Crescent
- Suite 6
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|FIRSTROCKJMD||JMSE (The Jamaica Stock Exchange)||Yes||COM NPV||JM||JMD||Mar 2020|
|FIRSTROCKUSD||JMSE (The Jamaica Stock Exchange)||Yes||COM NPV||JM||USD||Mar 2020|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/10/01 00:00|
|End of Day Share Price||2022/09/30 00:00|
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.