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

FP is good value based on its Price-To-Earnings Ratio (3.8x) compared to the peer average (4.5x).

How does FP's PE Ratio compare vs other companies in the European Capital Markets Industry?

FP is good value based on its Price-To-Earnings Ratio (3.8x) compared to the European Capital Markets industry average (13.1x).

What is FP'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 FP's Price-To-Earnings Fair Ratio for valuation analysis.

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

FP (RON0.33) is trading below our estimate of [[fair value]] (RON2.81)

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

Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine [[statistical confidence]] in agreement.

Fondul Proprietatea (BVB:FP) - Stock Price, News & Analysis

FP Stock Overview

A publicly owned investment manager. More details

FP fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	0/6
Past Performance	2/6
Financial Health	6/6
Dividends	5/6

Rewards

Trading at 88.3% below our estimate of its fair value

Became profitable this year

Risk Analysis

Earnings have declined by 19.4% per year over past 5 years

Unstable dividend track record

Fondul Proprietatea SA Competitors

Infinity Capital Investments

BVB:INFINITY

RON 1.2b

Lion Capital

BVB:LION

RON 1.4b

Evergent Investments

BVB:EVER

RON 1.3b

Transilvania Investments Alliance

BVB:TRANSI

RON 807.9m

Price History & Performance

Summary of all time highs, changes and price drops for Fondul Proprietatea
Historical stock prices
Current Share Price	RON 0.33
52 Week High	RON 0.54
52 Week Low	RON 0.30
Beta	0.33
11 Month Change	-4.48%
3 Month Change	-17.59%
1 Year Change	-38.11%
33 Year Change	-82.02%
5 Year Change	-72.20%
Change since IPO	-48.75%

Fondul Proprietatea's (BVB:FP) Dividend Will Be RON0.06

Mar 29

Recent updates

Fondul Proprietatea's (BVB:FP) Dividend Will Be RON0.06

Mar 29

Key Things To Watch Out For If You Are After Fondul Proprietatea SA's (BVB:FP) 4.0% Dividend

Feb 15

What Type Of Shareholders Make Up Fondul Proprietatea SA's (BVB:FP) Share Registry?

Dec 17

Shareholder Returns

	FP	RO Capital Markets	RO Market
7D	-3.5%	-2.1%	-2.4%
1Y	-38.1%	-1.4%	11.1%

Return vs Industry: FP underperformed the RO Capital Markets industry which returned -1.4% over the past year.

Return vs Market: FP underperformed the RO Market which returned 11.1% over the past year.

Price Volatility

Is FP's price volatile compared to industry and market?
FP volatility
FP Average Weekly Movement	3.8%
Capital Markets Industry Average Movement	3.0%
Market Average Movement	3.7%
10% most volatile stocks in RO Market	10.1%
10% least volatile stocks in RO Market	2.2%

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

Volatility Over Time: FP's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2005	n/a	n/a	www.fondulproprietatea.ro

Fondul Proprietatea SA is a publicly owned investment manager. The firm invests in the public equity markets of Romania. The firm primarily invests in Power, Oil and Gas sectors.

Fondul Proprietatea SA Fundamentals Summary

How do Fondul Proprietatea's earnings and revenue compare to its market cap?
FP fundamental statistics
Market cap	RON 1.03b
Earnings (TTM)	RON 274.43m
Revenue (TTM)	RON 311.80m

3.8x

P/E Ratio

3.4x

P/S Ratio

Is FP overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FP income statement (TTM)
Revenue	RON 311.80m
Cost of Revenue	RON 0
Gross Profit	RON 311.80m
Other Expenses	RON 37.36m
Earnings	RON 274.43m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.086
Gross Margin	100.00%
Net Profit Margin	88.02%
Debt/Equity Ratio	0%

How did FP perform over the long term?

See historical performance and comparison

Dividends

18.3%

Current Dividend Yield

84%

Payout Ratio

FP Stock Overview

Rewards

Risk Analysis

Fondul Proprietatea SA Competitors

BVB:INFINITY

RON 1.2b

BVB:LION

RON 1.4b

BVB:EVER

RON 1.3b

BVB:TRANSI

RON 807.9m

Price History & Performance

Recent News & Updates

Price target decreased by 18% to RON1.51

Price target decreased by 15% to RON1.56

Upcoming dividend of RON0.06 per share

Fondul Proprietatea SA (BVB:FP) commences an Equity Buyback Plan for 1,000,000,000 shares, representing 17.64% of its issued share capital, under the authorization approved on February 13, 2024.

Fondul Proprietatea SA Announces Board and Committees Changes

Fondul Proprietatea's (BVB:FP) Dividend Will Be RON0.06

Recent updates

Price target decreased by 18% to RON1.51

Price target decreased by 15% to RON1.56

Upcoming dividend of RON0.06 per share

Fondul Proprietatea SA (BVB:FP) commences an Equity Buyback Plan for 1,000,000,000 shares, representing 17.64% of its issued share capital, under the authorization approved on February 13, 2024.

Fondul Proprietatea SA Announces Board and Committees Changes

Fondul Proprietatea's (BVB:FP) Dividend Will Be RON0.06

Final dividend of RON0.06 announced

New major risk - Revenue and earnings growth

Fondul Proprietatea SA to Report Fiscal Year 2023 Final Results on Apr 24, 2024

GDF International S.A. signed a binding offer to acquire additional 11.99% stake in ENGIE Romania SA from Fondul Proprietatea SA (BVB:FP) for €87 million.

Price target decreased by 19% to RON1.86

Price target decreased by 8.2% to RON2.28

Upcoming dividend of RON1.72 per share

Fondul Proprietatea SA Announces Special Dividend, Payable on 29 September 2023

Fondul Proprietatea SA, Annual General Meeting, Aug 18, 2023

New minor risk - Dividend sustainability

Upcoming dividend of RON0.05 per share at 2.4% yield

Fondul Proprietatea SA to Report First Half, 2023 Results on Aug 31, 2023

Price target increased to RON2.57

Less than half of directors are independent

Price target increased to RON2.37

Upcoming dividend of RON0.13 per share

Fondul Proprietatea Announces New Membership of the Consultative Committees

High number of new and inexperienced directors

Price target increased to RON2.15

Fondul Proprietatea SA Proposes Dividend for the Year 2021, Payable on 27 June 2022

Inaugural dividend of RON0.06 per share

Fondul Proprietatea Sa Announces Special Dividend, Payable on 18 February 2022

Price target increased to RON1.95

Price target increased to RON1.81

Upcoming dividend of RON0.07 per share

Upcoming dividend of RON0.072 per share

Fondul Proprietatea SA Proposes No Dividends to Be Paid to Shareholders in 2021

Fondul Proprietatea SA Approves Payment of Special Dividends, Payable on 22 June 2021

Director has left the company

Independent Chairman of the Board Piotr Rymaszewski has left the company

Independent Director has left the company

New 90-day high: RON1.65

Fondul Proprietatea SA Announces Consultative Committees Effective 25 March 2021

Key Things To Watch Out For If You Are After Fondul Proprietatea SA's (BVB:FP) 4.0% Dividend

Fondul Proprietatea SA Announces Executive Changes

New 90-day high: RON1.55

New 90-day high: RON1.53

New 90-day high: RON1.40

What Type Of Shareholders Make Up Fondul Proprietatea SA's (BVB:FP) Share Registry?

Fondul Proprietatea SA to Report Q1, 2021 Results on May 17, 2021

Fondul Proprietatea SA to Report Q3, 2021 Results on Nov 15, 2021

New 90-day high: RON1.34

Fondul Proprietatea SA Announces Committee Changes

Fondul Proprietatea S.A Announces Resignation of Steven Van Groningen, Effective from 13 November 2020

New 90-day high - RON1.29

Price target raised to RON1.37

Shareholder Returns

Price Volatility

About the Company

Fondul Proprietatea SA Fundamentals Summary

3.8x

3.4x

Earnings & Revenue