OTCPK:FTRC.Q

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Frontier Communications

Executive Summary

Frontier Communications Corporation provides communications services to consumer, commercial, and wholesale customers in the United States. More Details


Snowflake Analysis

Slightly overvalued with imperfect balance sheet.


Similar Companies

Share Price & News

How has Frontier Communications's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: FTRC.Q is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: FTRC.Q's weekly volatility has decreased from 44% to 11% over the past year, but is still higher than 75% of US stocks.


Market Performance


7 Day Return

-4.6%

FTRC.Q

1.4%

US Telecom

2.1%

US Market


1 Year Return

-84.4%

FTRC.Q

-10.4%

US Telecom

19.8%

US Market

Return vs Industry: FTRC.Q underperformed the US Telecom industry which returned -10.4% over the past year.

Return vs Market: FTRC.Q underperformed the US Market which returned 19.7% over the past year.


Shareholder returns

FTRC.QIndustryMarket
7 Day-4.6%1.4%2.1%
30 Day-33.0%7.1%8.1%
90 Day-46.8%-0.3%6.0%
1 Year-84.4%-84.4%-5.6%-10.4%22.5%19.8%
3 Year-98.7%-98.8%12.0%-3.9%46.5%36.8%
5 Year-99.8%-99.9%31.4%1.8%96.9%75.3%

Long-Term Price Volatility Vs. Market

How volatile is Frontier Communications's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Frontier Communications undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: FTRC.Q ($0.1) is trading below our estimate of fair value ($54.91)

Significantly Below Fair Value: FTRC.Q is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: FTRC.Q is unprofitable, so we can't compare its PE Ratio to the US Telecom industry average.

PE vs Market: FTRC.Q is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate FTRC.Q's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: FTRC.Q has negative assets, so we can't compare its PB Ratio to the US Telecom industry average.


Next Steps

Future Growth

How is Frontier Communications forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

-10.6%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if FTRC.Q's forecast earnings growth is above the savings rate (2.2%).

Earnings vs Market: Insufficient data to determine if FTRC.Q's earnings are forecast to grow faster than the US market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: FTRC.Q's revenue is expected to decline over the next 3 years (-10.6% per year).

High Growth Revenue: FTRC.Q's revenue is forecast to decline over the next 3 years (-10.6% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if FTRC.Q's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Frontier Communications performed over the past 5 years?

-41.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FTRC.Q is currently unprofitable.

Growing Profit Margin: FTRC.Q is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: FTRC.Q is unprofitable, and losses have increased over the past 5 years at a rate of 41.8% per year.

Accelerating Growth: Unable to compare FTRC.Q's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: FTRC.Q is unprofitable, making it difficult to compare its past year earnings growth to the Telecom industry (26.9%).


Return on Equity

High ROE: FTRC.Q's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is Frontier Communications's financial position?


Financial Position Analysis

Short Term Liabilities: FTRC.Q has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: FTRC.Q has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: FTRC.Q has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: FTRC.Q's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable FTRC.Q has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: FTRC.Q is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 5.2% per year.


Next Steps

Dividend

What is Frontier Communications's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate FTRC.Q's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate FTRC.Q'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 FTRC.Q's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if FTRC.Q's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: FTRC.Q is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of FTRC.Q'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?

5.6yrs

Average management tenure


CEO

Bernie Han (56 yo)

0.92

Tenure

US$2,445,364

Compensation

Mr. Bernard L. Han, also known as Bernie, has been the President, Chief Executive Officer and Director at Frontier Communications Corporation since December 3, 2019. Mr. Han served as an Executive Vice Pre...


CEO Compensation Analysis

Compensation vs Market: Bernie's total compensation ($USD2.45M) is above average for companies of similar size in the US market ($USD561.41K).

Compensation vs Earnings: Insufficient data to compare Bernie's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
Bernard Han
President0.92yrUS$2.45mno data
Sheldon Bruha
CFO, Executive VP & Treasurer2.17yrsUS$2.31m0.072%
$ 7.7k
Kenneth Arndt
Executive VP & COO2.83yrsUS$3.34m0.10%
$ 10.7k
Mark Nielsen
Executive VP6.67yrsUS$3.57m0.089%
$ 9.5k
Donald Daniels
Senior VP & Chief Accounting Officer2.83yrsno data0.012%
$ 1.3k
Steve Gable
Executive VP & Chief Technology Officer5.58yrsUS$2.39m0.13%
$ 13.5k
Luke Szymczak
Vice President of Investor Relations7.67yrsno datano data
Javier Mendoza
Vice President of Corporate Communications & External Affairsno datano datano data
Rob Curtis
Senior VP & Chief Marketing Officer2.67yrsno datano data
Stephen Levan
Senior VP of Commercial Sales - East Region & Sales Professional5.83yrsno datano data
Michael Daniel
Senior Vice President of Carrier & Customer Premise Equipment (CPE)5.75yrsno datano data
Kevin Wallick
Senior VP & GM of West Virginia5.58yrsno datano data

5.6yrs

Average Tenure

53.5yo

Average Age

Experienced Management: FTRC.Q's management team is seasoned and experienced (5.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Bernard Han
President0.92yrUS$2.45mno data
Pamela D. Reeve
Independent Chairman of the Board4.58yrsUS$390.00k0.00064%
$ 68.2
Robert Schriesheim
Independent Director1.92yrsUS$2.06m0%
$ 0
Kevin Beebe
Independent Director1.42yrsUS$341.25kno data
Peter C. Bynoe
Independent Director13.08yrsUS$230.00k0.00024%
$ 25.6
Diana Ferguson
Independent Director6.08yrsUS$225.00k0%
$ 0
Mohsin Meghji
Independent Director1.42yrsUS$341.25kno data
Paul Keglevic
Independent Director1.42yrsUS$341.25kno data
Edward Fraioli
Independent Director10.33yrsUS$240.00k0.0013%
$ 135.3

1.9yrs

Average Tenure

61yo

Average Age

Experienced Board: FTRC.Q's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.


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

Frontier Communications Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Frontier Communications Corporation
  • Ticker: FTRC.Q
  • Exchange: OTCPK
  • Founded: 1935
  • Industry: Integrated Telecommunication Services
  • Sector: Telecom
  • Market Cap: US$10.657m
  • Shares outstanding: 104.79m
  • Website: https://www.frontier.com

Number of Employees


Location

  • Frontier Communications Corporation
  • 401 Merritt 7
  • Norwalk
  • Connecticut
  • 6851
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FTRC.QOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJul 1970
YC51DB (Deutsche Boerse AG)YesCommon StockDEEURJul 1970
0TP1LSE (London Stock Exchange)YesCommon StockGBUSDJul 1970

Biography

Frontier Communications Corporation provides communications services to consumer, commercial, and wholesale customers in the United States. It offers broadband, video, voice, and other services and product...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/27 00:04
End of Day Share Price2020/11/25 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.