FRP Holdings
Market Cap
US$463.9m
Last Updated
2021/04/12 23:27 UTC
Data Sources
Company Financials
Executive Summary
FRP Holdings, Inc. operates as a real-estate investment and development company in the United States. More Details
Rewards
Risk Analysis
Snowflake Analysis
Mediocre balance sheet with acceptable track record.
Similar Companies
Share Price & News
How has FRP Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FRPH is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: FRPH's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
-0.4%
FRPH
-4.5%
US Real Estate
0.9%
US Market
1 Year Return
17.1%
FRPH
99.1%
US Real Estate
57.9%
US Market
Return vs Industry: FRPH underperformed the US Real Estate industry which returned 90.6% over the past year.
Return vs Market: FRPH underperformed the US Market which returned 56.3% over the past year.
Shareholder returns
| FRPH | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.4% | -4.5% | 0.9% |
| 30 Day | -2.9% | -7.3% | 2.3% |
| 90 Day | 7.7% | -4.0% | 6.3% |
| 1 Year | 17.1%17.1% | 103.5%99.1% | 60.8%57.9% |
| 3 Year | -13.8%-13.8% | 29.1%20.9% | 64.5%53.9% |
| 5 Year | 34.2%34.2% | 58.8%38.5% | 120.9%96.4% |
Long-Term Price Volatility Vs. Market
How volatile is FRP Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Did FRP Holdings' (NASDAQ:FRPH) Share Price Deserve to Gain 38%?1 month ago | Simply Wall St
Is FRP Holdings, Inc.'s (NASDAQ:FRPH) Shareholder Ownership Skewed Towards Insiders?2 months ago | Simply Wall St
Is FRP Holdings (NASDAQ:FRPH) A Risky Investment?Valuation
Is FRP Holdings undervalued compared to its fair value and its price relative to the market?
37.24x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: FRPH ($47.97) is trading above our estimate of fair value ($4.52)
Significantly Below Fair Value: FRPH is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: FRPH is poor value based on its PE Ratio (36.1x) compared to the US Real Estate industry average (32.5x).
PE vs Market: FRPH is poor value based on its PE Ratio (36.1x) compared to the US market (22.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate FRPH's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: FRPH is good value based on its PB Ratio (1.2x) compared to the US Real Estate industry average (1.4x).
Future Growth
How is FRP Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
41.9%
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 FRP Holdings 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 FRP Holdings performed over the past 5 years?
-4.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FRPH has a large one-off gain of $9.2M impacting its December 31 2020 financial results.
Growing Profit Margin: FRPH's current net profit margins (71.1%) are higher than last year (42.7%).
Past Earnings Growth Analysis
Earnings Trend: FRPH's earnings have declined by 4.8% per year over the past 5 years.
Accelerating Growth: FRPH's earnings growth over the past year (36.4%) exceeds its 5-year average (-4.8% per year).
Earnings vs Industry: FRPH earnings growth over the past year (36.4%) exceeded the Real Estate industry -24.7%.
Return on Equity
High ROE: FRPH's Return on Equity (3.1%) is considered low.
Financial Health
How is FRP Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: FRPH's short term assets ($79.6M) exceed its short term liabilities ($3.6M).
Long Term Liabilities: FRPH's short term assets ($79.6M) do not cover its long term liabilities ($150.1M).
Debt to Equity History and Analysis
Debt Level: FRPH's debt to equity ratio (23.5%) is considered satisfactory.
Reducing Debt: FRPH's debt to equity ratio has increased from 22.1% to 23.5% over the past 5 years.
Debt Coverage: FRPH's debt is well covered by operating cash flow (20.7%).
Interest Coverage: Insufficient data to determine if FRPH's interest payments on its debt are well covered by EBIT.
Balance Sheet
Dividend
What is FRP Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate FRPH's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate FRPH'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 FRPH's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if FRPH's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of FRPH's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.0yrs
Average management tenure
CEO
John Baker (71 yo)
4.08yrs
Tenure
US$456,778
Compensation
Mr. John Daniel Baker, II, CPA, serves as Director and Chairman at JEA since April 14, 2020. He has been Chief Executive Officer of FRP Holdings, Inc. since March 13, 2017. Mr. Baker has been Executive Cha...
CEO Compensation Analysis
Compensation vs Market: John's total compensation ($USD456.78K) is below average for companies of similar size in the US market ($USD1.49M).
Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: FRPH's management team is seasoned and experienced (5 years average tenure).
Board Members
Experienced Board: FRPH's board of directors are seasoned and experienced ( 10.5 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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
FRP Holdings, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: FRP Holdings, Inc.
- Ticker: FRPH
- Exchange: NasdaqGS
- Founded: 1986
- Industry: Real Estate Operating Companies
- Sector: Real Estate
- Market Cap: US$463.946m
- Shares outstanding: 9.39m
- Website: https://www.frpholdings.com
Number of Employees
Location
- FRP Holdings, Inc.
- 200 West Forsyth Street
- 7th Floor
- Jacksonville
- Florida
- 32202
- United States
Listings
Biography
FRP Holdings, Inc. operates as a real-estate investment and development company in the United States. The company operates through four segments: Asset Management, Mining Royalty Lands, Development, and St...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/12 23:27 |
| End of Day Share Price | 2021/04/12 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.