Firm Capital Property Trust (OTCPK:FRMU.F) - Stock Price, News & Analysis

FRMU.F Stock Overview

Firm Capital Property Trust is focused on creating long-term value for Unitholders, through capital preservation and disciplined investing to achieve stable distributable income. More details

FRMU.F fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	3/6
Financial Health	1/6
Dividends	6/6

Rewards

Price-To-Earnings ratio (6.2x) is below the US market (19.4x)

Earnings grew by 102.9% over the past year

Pays a high and reliable dividend of 8.83%

Risk Analysis

Interest payments are not well covered by earnings

Earnings have declined by 11% per year over past 5 years

Shares are highly illiquid

Large one-off items impacting financial results

Firm Capital Property Trust Competitors

Alpine Income Property Trust

NYSE:PINE

US$278.9m

First Real Estate Investment Trust of New Jersey

OTCPK:FREV.S

US$134.0m

One Liberty Properties

NYSE:OLP

US$615.5m

CTO Realty Growth

NYSE:CTO

US$593.8m

Price History & Performance

Summary of all time highs, changes and price drops for Firm Capital Property Trust
Historical stock prices
Current Share Price	CA$4.28
52 Week High	CA$4.36
52 Week Low	CA$3.44
Beta	1.08
11 Month Change	-1.15%
3 Month Change	8.52%
1 Year Change	10,600.00%
33 Year Change	-31.19%
5 Year Change	-18.48%
Change since IPO	-12.65%

Recent updates

Shareholder Returns

	FRMU.F	US REITs	US Market
7D	1.2%	2.4%	2.2%
1Y	10,600.0%	12.5%	31.6%

Return vs Industry: FRMU.F exceeded the US REITs industry which returned 12.5% over the past year.

Return vs Market: FRMU.F exceeded the US Market which returned 31.6% over the past year.

Price Volatility

Is FRMU.F's price volatile compared to industry and market?
FRMU.F volatility
FRMU.F Average Weekly Movement	n/a
REITs Industry Average Movement	3.1%
Market Average Movement	6.3%
10% most volatile stocks in US Market	15.7%
10% least volatile stocks in US Market	3.1%

Stable Share Price: FRMU.F's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: Insufficient data to determine FRMU.F's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2012	n/a	Bob McKee	www.firmcapital.com

Firm Capital Property Trust is focused on creating long-term value for Unitholders, through capital preservation and disciplined investing to achieve stable distributable income. In partnership with management and industry leaders. The Trust's plan is to own as well as to co-own a diversified property portfolio of multi-residential, flex industrial, and net lease convenience retail.

Firm Capital Property Trust Fundamentals Summary

How do Firm Capital Property Trust's earnings and revenue compare to its market cap?
FRMU.F fundamental statistics
Market cap	US$155.60m
Earnings (TTM)	US$25.00m
Revenue (TTM)	US$43.16m

6.2x

P/E Ratio

3.6x

P/S Ratio

Is FRMU.F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FRMU.F income statement (TTM)
Revenue	CA$60.33m
Cost of Revenue	CA$21.46m
Gross Profit	CA$38.87m
Other Expenses	CA$3.93m
Earnings	CA$34.94m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.95
Gross Margin	64.42%
Net Profit Margin	57.92%
Debt/Equity Ratio	109.7%

How did FRMU.F perform over the long term?

See historical performance and comparison

Dividends

8.8%

Current Dividend Yield

97%

Payout Ratio

Does FRMU.F pay a reliable dividends?

See FRMU.F dividend history and benchmarks

When do you need to buy FRMU.F by to receive an upcoming dividend?
Firm Capital Property Trust dividend dates
Ex Dividend Date	Nov 29 2024
Dividend Pay Date	Dec 16 2024
Days until Ex dividend	4 days
Days until Dividend pay date	21 days

Does FRMU.F pay a reliable dividends?

See FRMU.F dividend history and benchmarks

FRMU.F Stock Overview

Rewards

Risk Analysis

Firm Capital Property Trust Competitors

NYSE:PINE

US$278.9m

OTCPK:FREV.S

US$134.0m

NYSE:OLP

US$615.5m

NYSE:CTO

US$593.8m

Price History & Performance

Recent News & Updates

Firm Capital Property Trust Declares Monthly Distributions, Payable on or About August 15, 2024, September 16, 2024 and October 15, 2024, Respectively

Firm Capital Property Trust, Annual General Meeting, Jun 20, 2024

Firm Capital Property Trust (TSX:FCD.UN) along with unknown buyers acquired SunPark Parkhill Estates and SunPark Skyview Estates for $5.9 million.

An unknown buyer completed the acquisition of 39,420 square foot medical office building in Barrie, Ontario from Firm Capital Property Trust (TSX:FCD.UN).

An unknown buyer acquired 11,247 square foot retail property in Pembroke, Ontario from Firm Capital Property Trust for approximately $2.7 million.

Firm Capital Property Trust Declares Monthly Distributions, Payable on or About November 15, 2022, December 15, 2022 and January 16, 2023, Respectively

Recent updates

Firm Capital Property Trust Declares Monthly Distributions, Payable on or About August 15, 2024, September 16, 2024 and October 15, 2024, Respectively

Firm Capital Property Trust, Annual General Meeting, Jun 20, 2024

Firm Capital Property Trust (TSX:FCD.UN) along with unknown buyers acquired SunPark Parkhill Estates and SunPark Skyview Estates for $5.9 million.

An unknown buyer completed the acquisition of 39,420 square foot medical office building in Barrie, Ontario from Firm Capital Property Trust (TSX:FCD.UN).

An unknown buyer acquired 11,247 square foot retail property in Pembroke, Ontario from Firm Capital Property Trust for approximately $2.7 million.

Firm Capital Property Trust Declares Monthly Distributions, Payable on or About November 15, 2022, December 15, 2022 and January 16, 2023, Respectively

Firm Capital Property Trust has completed a Follow-on Equity Offering in the amount of CAD 20.022 million.

Firm Capital Property Trust announced that it expects to receive CAD 20.022 million in funding

Firm Capital Property Trust (TSX:FCD.UN) acquired 50% stake in Industrial Portfolio Located in Edmonton, Alberta for $18.2 million.

Firm Capital Property Trust, Annual General Meeting, Jun 23, 2022

Firm Capital Property Trust (TSXV:FCD.UN) and unknown buyers agreed to acquire Industrial Portfolio Located in Edmonton, Alberta for $36.5 million.

Firm Capital Property Trust (TSXV:FCD.UN) completed the acquisition of a Multi Residential Building Comprised of 135 Units in Pointe Claire, Quebec.

Firm Capital Property Trust (TSXV:FCD.UN) and others acquired Industrial Property located in Saint Laurent, QC for CAD 6.3 million.

Firm Capital Property Trust (TSXV:FCD.UN) completed the acquisition of Three Industrial Properties located in Ontario.

Firm Capital Property Trust and SunPark Communities, LP completed the acquisition of 242 units in Hidden Creek Condominium.

Firm Capital Property Trust agreed to acquire a 50% stake in Hidden Creek Condominium.

Firm Capital Property Trust has completed a Follow-on Equity Offering in the amount of CAD 25.004 million.

An unknown buyer acquired Four Retail Properties in Centre Ice Retail Portfolio from Firm Capital Property Trust (TSXV:FCD.UN) for CAD 11 million.

Firm Capital Property Trust (TSXV:FCD.UN) completed the acquisition of 128 Units in Two Multi-Residential Buildings Located in Edmonton, Alberta.

Firm Capital Property Trust (TSXV:FCD.UN) acquired 50% stake in Mountview Mobile Home Park from SunPark Communities, LP for CAD 8.5 million.

Firm Capital Property Trust Approves Monthly Distributions, Payable on or About May 17, 2021, June 15, 2021 and July 15, 2021, Respectively

An unknown buyer acquired Three Retail Properties in Ontario & Manitoba from Firm Capital Property Trust (TSXV:FCD.UN) for CAD 10.2 million.