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FRP Holdings

Nasdaq:FRPH
Snowflake Description

Adequate balance sheet with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
FRPH
Nasdaq
$474M
Market Cap
  1. Home
  2. US
  3. Real Estate
Company description

FRP Holdings, Inc., through its subsidiaries, engages in various real estate businesses in the United States. The last earnings update was 7 days ago. More info.


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FRPH Share Price and Events
7 Day Returns
-0.8%
NasdaqGS:FRPH
-5.8%
US Real Estate
-3.9%
US Market
1 Year Returns
-17%
NasdaqGS:FRPH
-14.8%
US Real Estate
1.4%
US Market
FRPH Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
FRP Holdings (FRPH) -0.8% -8.2% -7.2% -17% 55.3% 44.1%
US Real Estate -5.8% -8.3% -7.1% -14.8% 21.3% 4.4%
US Market -3.9% -3.6% 1.8% 1.4% 35.8% 40.8%
1 Year Return vs Industry and Market
  • FRPH underperformed the Real Estate industry which returned -14.8% over the past year.
  • FRPH underperformed the Market in United States of America which returned 1.4% over the past year.
Price Volatility
FRPH
Industry
5yr Volatility vs Market

Value

 Is FRP Holdings undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for FRP Holdings. This is due to cash flow or dividend data being unavailable. The share price is $47.72.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for FRP Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are FRP Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGS:FRPH PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $0.43
NasdaqGS:FRPH Share Price ** NasdaqGS (2019-05-15) in USD $47.72
United States of America Real Estate Industry PE Ratio Median Figure of 27 Publicly-Listed Real Estate Companies 16x
United States of America Market PE Ratio Median Figure of 3,087 Publicly-Listed Companies 17.79x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of FRP Holdings.

NasdaqGS:FRPH PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:FRPH Share Price ÷ EPS (both in USD)

= 47.72 ÷ 0.43

110.81x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • FRP Holdings is overvalued based on earnings compared to the US Real Estate industry average.
  • FRP Holdings is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does FRP Holdings's expected growth come at a high price?
Raw Data
NasdaqGS:FRPH PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 110.81x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
31.3%per year
United States of America Real Estate Industry PEG Ratio Median Figure of 12 Publicly-Listed Real Estate Companies 0.34x
United States of America Market PEG Ratio Median Figure of 2,113 Publicly-Listed Companies 1.52x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for FRP Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on FRP Holdings's assets?
Raw Data
NasdaqGS:FRPH PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $36.88
NasdaqGS:FRPH Share Price * NasdaqGS (2019-05-15) in USD $47.72
United States of America Real Estate Industry PB Ratio Median Figure of 53 Publicly-Listed Real Estate Companies 1.45x
United States of America Market PB Ratio Median Figure of 5,195 Publicly-Listed Companies 1.83x
NasdaqGS:FRPH PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:FRPH Share Price ÷ Book Value per Share (both in USD)

= 47.72 ÷ 36.88

1.29x

* Primary Listing of FRP Holdings.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • FRP Holdings is good value based on assets compared to the US Real Estate industry average.
X
Value checks
We assess FRP Holdings's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Real Estate industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Real Estate industry average (and greater than 0)? (1 check)
  5. FRP Holdings has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is FRP Holdings expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover FRP Holdings, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
31.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is FRP Holdings expected to grow at an attractive rate?
  • FRP Holdings's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • FRP Holdings's earnings growth is expected to exceed the United States of America market average.
  • Unable to compare FRP Holdings's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NasdaqGS:FRPH Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGS:FRPH Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 31.3%
United States of America Real Estate Industry Earnings Growth Rate Market Cap Weighted Average 6.3%
United States of America Real Estate Industry Revenue Growth Rate Market Cap Weighted Average 7.1%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqGS:FRPH Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGS:FRPH Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
NasdaqGS:FRPH Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 22 -39 4
2018-12-31 22 -37 2
2018-09-30 49 -36 20
2018-06-30 48 19 41
2018-03-31 17 22 31
2017-12-31 14 21 31
2017-09-30 17 21 25
2017-06-30 21 20 3
2017-03-31 28 21 4
2016-12-31 36 19 6
2016-09-30 36 19 12
2016-06-30 36 18 12

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • FRP Holdings's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if FRP Holdings is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqGS:FRPH Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from FRP Holdings Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:FRPH Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
NasdaqGS:FRPH Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 0.43
2018-12-31 0.23
2018-09-30 1.98
2018-06-30 4.13
2018-03-31 3.10
2017-12-31 3.08
2017-09-30 2.54
2017-06-30 0.34
2017-03-31 0.41
2016-12-31 0.63
2016-09-30 1.22
2016-06-30 1.24

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if FRP Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess FRP Holdings's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
FRP Holdings has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has FRP Holdings performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare FRP Holdings's growth in the last year to its industry (Real Estate).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • FRP Holdings has delivered over 20% year on year earnings growth in the past 5 years.
  • FRP Holdings's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • FRP Holdings's 1-year earnings growth is negative, it can't be compared to the US Real Estate industry average.
Earnings and Revenue History
FRP Holdings's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from FRP Holdings Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:FRPH Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 22.32 4.32
2018-12-31 21.93 2.34
2018-09-30 49.13 19.83
2018-06-30 48.42 41.33
2018-03-31 17.20 30.94
2017-12-31 14.00 30.75
2017-09-30 17.19 25.26
2017-06-30 21.29 3.41
2017-03-31 28.44 4.06
2016-12-31 36.10 6.23
2016-09-30 36.48 12.02
2016-06-30 36.36 12.14
2016-03-31 35.73 13.41
2015-12-31 35.00 12.44
2015-09-30 34.50 6.09
2015-06-30 33.52 5.37
2015-03-31 32.75 5.08
2014-12-31 31.93 5.15
2014-09-30 30.85 5.18
2014-06-30 59.93 10.83
2014-03-31 87.98 12.07
2013-12-31 113.86 13.43
2013-09-30 27.59 8.61
2013-06-30 135.40 9.67
2013-03-31 132.74 9.34
2012-12-31 130.20 8.71
2012-09-30 127.51 7.71
2012-06-30 125.99 8.10

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • FRP Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • FRP Holdings used its assets less efficiently than the US Real Estate industry average last year based on Return on Assets.
  • FRP Holdings's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess FRP Holdings's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Real Estate industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
FRP Holdings has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is FRP Holdings's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up FRP Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • FRP Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • FRP Holdings's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of FRP Holdings's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.5x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from FRP Holdings Company Filings, last reported 1 month ago.

NasdaqGS:FRPH Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 384.60 88.82 29.64
2018-12-31 383.26 88.79 22.55
2018-09-30 388.37 88.76 34.78
2018-06-30 386.38 88.72 32.85
2018-03-31 265.40 117.23 6.96
2017-12-31 264.58 90.15 4.52
2017-09-30 254.22 115.11 2.63
2017-06-30 204.49 38.43
2017-03-31 201.09 39.75 0.11
2016-12-31 198.82 41.00
2016-09-30 196.10 41.94
2016-06-30 194.00 37.08 3.47
2016-03-31 193.23 39.80
2015-12-31 190.79 42.17
2015-09-30 182.34 48.69 0.42
2015-06-30 180.04 49.88 0.74
2015-03-31 177.89 53.49 0.69
2014-12-31 209.63 60.99 0.90
2014-09-30 206.32 55.96 1.01
2014-06-30 202.80 57.66 0.61
2014-03-31 198.86 59.63 1.13
2013-12-31 195.48 64.60 0.58
2013-09-30 192.65 49.90 0.50
2013-06-30 185.35 58.56 0.74
2013-03-31 182.14 59.79 4.53
2012-12-31 178.91 61.09 1.44
2012-09-30 174.72 62.37 6.71
2012-06-30 172.50 63.63 11.84
  • FRP Holdings's level of debt (23.1%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (30% vs 23.1% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • FRP Holdings earns more interest than it pays, coverage of interest payments is not a concern.
X
Financial health checks
We assess FRP Holdings's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. FRP Holdings has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is FRP Holdings's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from FRP Holdings dividends.
If you bought $2,000 of FRP Holdings shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate FRP Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate FRP Holdings's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqGS:FRPH Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Real Estate Industry Average Dividend Yield Market Cap Weighted Average of 16 Stocks 2.8%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1997 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqGS:FRPH Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as FRP Holdings has not reported any payouts.
  • Unable to verify if FRP Holdings's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of FRP Holdings's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as FRP Holdings has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess FRP Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can FRP Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. FRP Holdings has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of FRP Holdings's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
John Baker
COMPENSATION $609,715
AGE 69
TENURE AS CEO 2.2 years
CEO Bio

Mr. John Daniel Baker, II, CPA, has been Chief Executive Officer of FRP Holdings, Inc. since March 13, 2017. Mr. Baker has been Executive Chairman of FRP Holdings, Inc. since October 1, 2010 and also has been its Executive Director since 1986. Mr. Baker has been an Independent Director at Wells Fargo Corporation since 2001 and Wells Fargo & Company since January 2009. He serves as a Senior Advisor at Brinkmere Capital Partners, LLC. Mr. Baker is a Co-Founder and Chairman of Panadero Aggregates Holdings LLC. He is a Lawyer and Business Executive with more than 35 years of experience in the construction materials and trucking industries. He joined Florida Rock Industries, Inc., in 1974 and served as its President and Chief Executive Officer from February 1996 to November 2007. He served as the Chief Executive Officer and President of FRP Holdings, Inc. (Also known as Patriot Transportation Holding, Inc.) from February 6, 2008 to September 30, 2010. He served as the Global Financial Controller for international humanitarian organization Action Against Hunger. He serves as the Chairman of the Tiger Academy YMCA charter school in North Jacksonville, is a Trustee and served as the Chairman of the YMCA of Florida's First Coast, a Trustee of the Woodberry Forest School and Chairman of the Board and Trustee for the KIPP (Knowledge Is Power Program) Public Charter School in Jacksonville. He serves as a Director of Jacksonville Port Authority, Cinergy Corp. and Amcast Industrial Corporation. He had been a Director of Texas Industries Inc. since October 2010. He has been a Member of Advisory Council at HeidelbergCement AG since January 1, 2004. He served as an Executive Director at Florida Rock Industries, Inc., from 1979 to November 2007. He served as Chief Executive Officer of Florida Rock Industries, Inc. from February 1996 to November 2007. He served as a Director of Vulcan Materials Company from November 2007 to May 8, 2009. He served as a Director of PolyOne Corporation. He served as a Director of Progress Energy Inc. from September 17, 2009 to July 2012, Duke Energy until July 2012 and Duke Energy Corporation from 2009 to July 27, 2012. He served as a Director at Wells Fargo & Company since January 2009. He served as a Director of Wachovia Corporation from 2001 to December 2008, Hughes Supply, Inc., from March 1994 to 2006 and Florida Power Corp. (now Duke Energy Florida, Inc.) since 2009. He served as a Director of Veridian Corporation. He served as the Chairman of the Florida Concrete and Products Association. He served as a First Lieutenant in the U.S. Marine Corps from 1973 to 1974. Mr. Baker holds a Bachelor of Arts from Princeton University and graduated with honors from the University of Florida School of Law.

CEO Compensation
  • John's compensation has been consistent with company performance over the past year.
  • John's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the FRP Holdings management team in years:

4
Average Tenure
68.5
Average Age
  • The tenure for the FRP Holdings management team is about average.
Management Team

John Baker

TITLE
Executive Chairman & CEO
COMPENSATION
$610K
AGE
69
TENURE
2.2 yrs

David deVilliers

TITLE
President
COMPENSATION
$898K
AGE
67
TENURE
4 yrs

John Baker

TITLE
CFO & Treasurer

John Klopfenstein

TITLE
Chief Accounting Officer & Controller
COMPENSATION
$183K
AGE
55
TENURE
16.2 yrs

John Milton

TITLE
Executive VP
COMPENSATION
$295K
AGE
73

Wallace Patzke

TITLE
Executive Officer
AGE
71

James Gilstrap

TITLE
Executive Officer
AGE
68
Board of Directors Tenure

Average tenure and age of the FRP Holdings board of directors in years:

11.7
Average Tenure
69
Average Age
  • The average tenure for the FRP Holdings board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

John Baker

TITLE
Executive Chairman & CEO
COMPENSATION
$610K
AGE
69
TENURE
8.6 yrs

Hap Stein

TITLE
Director
COMPENSATION
$292K
AGE
65
TENURE
27.3 yrs

Charles Commander

TITLE
Lead Independent Director
COMPENSATION
$298K
AGE
78

Mike Shad

TITLE
Independent Director
COMPENSATION
$300K
AGE
72
TENURE
14.8 yrs

Bill Walton

TITLE
Director
COMPENSATION
$296K
AGE
66
TENURE
4.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
31. Aug 18 Sell David deVilliers Individual 30. Aug 18 30. Aug 18 -10,120 $63.47 $-642,289
24. Aug 18 Sell David deVilliers Individual 23. Aug 18 23. Aug 18 -4,988 $63.49 $-316,678
22. Aug 18 Sell David deVilliers Individual 21. Aug 18 21. Aug 18 -8,333 $63.73 $-531,086
20. Aug 18 Sell David deVilliers Individual 17. Aug 18 17. Aug 18 -3,150 $64.56 $-203,369
10. Aug 18 Sell John Klopfenstein Individual 09. Aug 18 09. Aug 18 -1,035 $64.68 $-66,942
09. Aug 18 Sell John Klopfenstein Individual 08. Aug 18 08. Aug 18 -961 $63.67 $-61,204
08. Aug 18 Sell David deVilliers Individual 07. Aug 18 07. Aug 18 -10,000 $65.12 $-651,210
X
Management checks
We assess FRP Holdings's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. FRP Holdings has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

How Much Of FRP Holdings, Inc. (NASDAQ:FRPH) Do Insiders Own?

As Nassim Nicholas Taleb said, 'Don’t tell me what you think, tell me what you have in your portfolio.' With a market capitalization of US$477m, FRP Holdings is a small cap stock, so it might not be well known by many institutional investors. … Check out our latest analysis for FRP Holdings NasdaqGS:FRPH Ownership Summary, May 14th 2019 What Does The Institutional Ownership Tell Us About FRP Holdings? … NasdaqGS:FRPH Income Statement, May 14th 2019 FRP Holdings is not owned by hedge funds.

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Should FRP Holdings Be Disappointed With Their 64% Profit?

By comparing earnings per share (EPS) and and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. … During three years of share price growth, FRP Holdings achieved compound earnings per share growth of 55% per year. … This EPS growth is higher than the 18% average annual increase in the share price.

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Here's What FRP Holdings, Inc.'s (NASDAQ:FRPH) P/E Is Telling Us

The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). … How Do I Calculate A Price To Earnings Ratio … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)

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Who Has Been Selling FRP Holdings, Inc. (NASDAQ:FRPH) Shares?

So shareholders might well want to know whether insiders have been buying or selling shares in FRP Holdings, Inc. … As Peter Lynch said, 'insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.'. … Over the last year we saw more insider selling of FRP Holdings shares, than buying

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Is FRP Holdings, Inc.'s (NASDAQ:FRPH) Balance Sheet Strong Enough To Weather A Storm?

(NASDAQ:FRPH) with its market cap of US$462m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … Assessing first and foremost the financial health is. … Here are a few basic checks that are good enough to have a broad overview of the company’s financial strength.

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Based On Its ROE, Is FRP Holdings Inc (NASDAQ:FRPH) A High Quality Stock?

While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. … That means that for every $1 worth of shareholders' equity, it generated $0.045 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

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What Does FRP Holdings Inc's (NASDAQ:FRPH) PE Ratio Tell You?

FRP Holdings Inc (NASDAQ:FRPH) is currently trading at a trailing P/E of 12.1, which is lower than the industry average of 19.7. … Although some investors might think this is a real positive, that might change once you understand the assumptions behind the P/E. … I will break down what the P/E ratio is, how to interpret it and what to watch out for

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Interested In FRP Holdings Inc (NASDAQ:FRPH)? Here's How It Performed Recently

After looking at FRP Holdings Inc's (NASDAQ:FRPH) latest earnings announcement (30 June 2018), I found it useful to revisit the company's performance in the past couple of years and assess this against the most recent figures. … As a long-term investor I tend to focus on earnings trend, rather than a single number at one point in time. … Did FRPH beat its long-term earnings growth trend and its industry.

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Is FRP Holdings Inc's (NASDAQ:FRPH) Balance Sheet Strong Enough To Weather A Storm?

While small-cap stocks, such as FRP Holdings Inc (NASDAQ:FRPH) with its market cap of US$636.93m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … I believe these basic checks tell most of the story you need to know.

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Should You Expect FRP Holdings Inc (NASDAQ:FRPH) To Continue Delivering An ROE Of 22.66%?

and want to learn about Return on Equity using a real-life example. … With more debt, FRPH can invest even more and earn more money, thus pushing up its returns. … However, ROE only measures returns against equity, not debt

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Company Info

Description

FRP Holdings, Inc., through its subsidiaries, engages in various real estate businesses in the United States. The company operates through four segments: Asset Management, Mining Royalty Lands, Development, and Stabilized Joint Venture. The Asset Management segment owns, leases, and manages commercial properties. The Mining Royalty Lands segment owns various properties comprising approximately 15,000 acres under lease for mining rents or royalties primarily in Florida, Georgia, and Virginia. The Development segment owns and monitors the use of parcels of land that are in various stages of development. The Stabilized Joint Venture segment owns, leases, and manages a 305 unit residential apartment building with approximately 18,000 square feet of first floor retail space. FRP Holdings, Inc. was founded in 1986 and is based in Jacksonville, Florida.

Details
Name: FRP Holdings, Inc.
FRPH
Exchange: NasdaqGS
Founded: 1986
$474,014,308
9,933,242
Website: http://www.frpholdings.com
Address: FRP Holdings, Inc.
200 West Forsyth Street,
7th Floor,
Jacksonville,
Florida, 32202,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS FRPH New Common Stock Nasdaq Global Select US USD 02. Jul 1986
Number of employees
Current staff
Staff numbers
10
FRP Holdings employees.
Industry
Real Estate Operating Companies
Real Estate
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/16 02:40
End of day share price update: 2019/05/15 00:00
Last estimates confirmation: 2018/03/07
Last earnings filing: 2019/05/09
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.