First Hartford
Market Cap
US$9.9m
Last Updated
2020/06/03 02:17 UTC
Data Sources
Company Financials
Executive Summary
First Hartford Corporation, together with its subsidiaries, engages in the purchase, development, ownership, management, and sale of real estate properties in the United States.
Risk Analysis
Snowflake Analysis
Excellent balance sheet with weak fundamentals.
Similar Companies
Share Price & News
How has First Hartford's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FHRT has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
0%
FHRT
2.9%
US Real Estate
2.4%
US Market
1 Year Return
91.5%
FHRT
-15.7%
US Real Estate
9.2%
US Market
Return vs Industry: FHRT exceeded the US Real Estate industry which returned -18.6% over the past year.
Return vs Market: FHRT exceeded the US Market which returned 9.3% over the past year.
Shareholder returns
| FHRT | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | 2.9% | 2.4% |
| 30 Day | -5.5% | 14.2% | 10.2% |
| 90 Day | -14.0% | -23.0% | 3.4% |
| 1 Year | 91.5%91.5% | -15.2%-15.7% | 11.6%9.2% |
| 3 Year | 43.3%43.3% | -15.8%-17.7% | 33.7%24.9% |
| 5 Year | 91.1%91.1% | -23.1%-25.4% | 59.7%41.8% |
Price Volatility Vs. Market
How volatile is First Hartford's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is First Hartford undervalued compared to its fair value and its price relative to the market?
In this section, we usually try to help investors determine whether First Hartford is trading at an attractive price based on the cash flow it is expected to produce in the future. But as First Hartford has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.
This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.
Next Steps
- Examine First Hartford's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through First Hartford regulatory filings here.
- Explore potentially undervalued companies in the Real Estate industry.
Future Growth
How is First Hartford forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
19.7%
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 Hartford 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.
Next Steps
- Examine First Hartford's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access First Hartford's filings and announcements here.
- Explore growth companies in the Real Estate industry.
Past Performance
How has First Hartford performed over the past 5 years?
8.4%
Historical Real Estate annual earnings growth
Earnings and Revenue History
Quality Earnings: Insufficient data to determine if FHRT has high quality earnings.
Growing Profit Margin: Insufficient data to determine if FHRT's profit margins have improved over the past year.
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if FHRT's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Insufficient data to compare FHRT's past year earnings growth to its 5-year average.
Earnings vs Industry: Insufficient data to determine if FHRT's earnings growth over the past year exceeded the Real Estate industry average.
Return on Equity
High ROE: FHRT has a negative Return on Equity (0%), as it is currently unprofitable.
Next Steps
Financial Health
How is First Hartford's financial position?
Financial Position Analysis
Short Term Liabilities: Insufficient data to determine if FHRT's short term assets cover its short term liabilities.
Long Term Liabilities: FHRT has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: FHRT is debt free.
Reducing Debt: FHRT currently has no debt however we can't compare to 5 years ago as we have no data for that period.
Debt Coverage: FHRT has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: FHRT has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is First Hartford's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate FHRT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate FHRT'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 FHRT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if FHRT'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 FHRT'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?
5.2yrs
Average management tenure
CEO
First Hartford has no CEO, or we have no data on them.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & Director | 5.42yrs | US$486.95k | no data | |
| CFO & Treasurer | 5yrs | US$170.57k | no data | |
| General Counsel | 5.42yrs | US$254.08k | no data | |
| Director | 5.42yrs | US$209.56k | no data | |
| VP & Director | 2.58yrs | US$169.65k | no data |
5.2yrs
Average Tenure
49yo
Average Age
Experienced Management: FHRT's management team is seasoned and experienced (5.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & Director | 5.42yrs | US$486.95k | no data | |
| General Counsel | 5.42yrs | US$254.08k | no data | |
| Director | 5.42yrs | US$209.56k | no data | |
| VP & Director | 2.58yrs | US$169.65k | no data | |
| Chairman | 5.42yrs | US$399.19k | no data |
5.4yrs
Average Tenure
64yo
Average Age
Experienced Board: FHRT's board of directors are considered experienced (5.4 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 Hartford Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: First Hartford Corporation
- Ticker: FHRT
- Exchange: OTCPK
- Founded: 1909
- Industry: Diversified Real Estate Activities
- Sector: Real Estate
- Market Cap: US$9.863m
- Shares outstanding: 2.29m
- Website: https://www.firsthartford.com
Number of Employees
Location
- First Hartford Corporation
- 149 Colonial Road
- Manchester
- Connecticut
- 6042
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| FHRT | OTCPK (Pink Sheets LLC) | Yes | Common Stock | US | USD | Jan 1968 |
Biography
First Hartford Corporation, together with its subsidiaries, engages in the purchase, development, ownership, management, and sale of real estate properties in the United States. It operates through two segments, Real Estate Operations and Fee for Service. The company owns interests in various properties, which are used as shopping centers, colleges, restaurants, police stations, and apartments located in Connecticut, Delaware, Louisiana, Massachusetts, Missouri, New York, New Jersey, Rhode Island, and Texas. It also provides preferred developer services for corporate franchise operators, as well as owns and operates a movie theater, a liquor store, and a restaurant. First Hartford Corporation was incorporated in 1909 and is based in Manchester, Connecticut.Â
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/06/03 02:17 |
| End of Day Share Price | 2020/05/14 00:00 |
| Earnings | 2018/07/31 |
| Annual Earnings | 2018/04/30 |
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.