FIRM CAPITAL PROPERTY TRUST (FCD-UN.CA) Stock Fundamental Analysis
Canada - TSX:FCD-UN - CA3183261054 - REIT
6.02 CAD
+0.02 (+0.33%)
We assign a fundamental rating of 4 out of 10 to FCD-UN. FCD-UN was compared to 35 industry peers in the Diversified REITs industry. Both the profitability and the financial health of FCD-UN get a neutral evaluation. Nothing too spectacular is happening here. FCD-UN is valued correctly, but it does not seem to be growing. Finally FCD-UN also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
FCD-UN had positive earnings in the past year.
FCD-UN had a positive operating cash flow in the past year.
Of the past 5 years FCD-UN 4 years were profitable.
In the past 5 years FCD-UN always reported a positive cash flow from operatings.
1.2 Ratios
FCD-UN's Return On Assets of 3.76% is amongst the best of the industry. FCD-UN outperforms 97.37% of its industry peers.
Looking at the Return On Equity, with a value of 7.84%, FCD-UN belongs to the top of the industry, outperforming 94.74% of the companies in the same industry.
FCD-UN has a Return On Invested Capital (3.89%) which is comparable to the rest of the industry.
The Average Return On Invested Capital over the past 3 years for FCD-UN is in line with the industry average of 5.08%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.76% | ||
| ROE | 7.84% | ||
| ROIC | 3.89% |
ROA(3y)2.47%
ROA(5y)4.17%
ROE(3y)5.31%
ROE(5y)8.55%
ROIC(3y)4.09%
ROIC(5y)3.82%
1.3 Margins
Looking at the Profit Margin, with a value of 39.05%, FCD-UN belongs to the top of the industry, outperforming 92.11% of the companies in the same industry.
In the last couple of years the Profit Margin of FCD-UN has declined.
FCD-UN has a Operating Margin of 51.95%. This is comparable to the rest of the industry: FCD-UN outperforms 50.00% of its industry peers.
FCD-UN's Operating Margin has been stable in the last couple of years.
FCD-UN has a Gross Margin of 63.01%. This is in the better half of the industry: FCD-UN outperforms 63.16% of its industry peers.
In the last couple of years the Gross Margin of FCD-UN has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 51.95% | ||
| PM (TTM) | 39.05% | ||
| GM | 63.01% |
OM growth 3Y3.98%
OM growth 5Y0.68%
PM growth 3Y-23.66%
PM growth 5Y-10.75%
GM growth 3Y-0.72%
GM growth 5Y0.03%
2. Health
2.1 Basic Checks
FCD-UN has about the same amout of shares outstanding than it did 1 year ago.
FCD-UN has more shares outstanding than it did 5 years ago.
FCD-UN has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.76, we must say that FCD-UN is in the distress zone and has some risk of bankruptcy.
With a decent Altman-Z score value of 0.76, FCD-UN is doing good in the industry, outperforming 73.68% of the companies in the same industry.
The Debt to FCF ratio of FCD-UN is 9.41, which is on the high side as it means it would take FCD-UN, 9.41 years of fcf income to pay off all of its debts.
FCD-UN has a Debt to FCF ratio of 9.41. This is amongst the best in the industry. FCD-UN outperforms 84.21% of its industry peers.
A Debt/Equity ratio of 0.92 indicates that FCD-UN is somewhat dependend on debt financing.
With a decent Debt to Equity ratio value of 0.92, FCD-UN is doing good in the industry, outperforming 65.79% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.92 | ||
| Debt/FCF | 9.41 | ||
| Altman-Z | 0.76 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 0.23 indicates that FCD-UN may have some problems paying its short term obligations.
FCD-UN has a Current ratio of 0.23. This is comparable to the rest of the industry: FCD-UN outperforms 50.00% of its industry peers.
A Quick Ratio of 0.23 indicates that FCD-UN may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.23, FCD-UN is in line with its industry, outperforming 52.63% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.23 | ||
| Quick Ratio | 0.23 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 3.32% over the past year.
Measured over the past years, FCD-UN shows a decrease in Earnings Per Share. The EPS has been decreasing by -4.74% on average per year.
FCD-UN shows a small growth in Revenue. In the last year, the Revenue has grown by 3.41%.
The Revenue has been growing by 10.87% on average over the past years. This is quite good.
EPS 1Y (TTM)3.32%
EPS 3Y-18.89%
EPS 5Y-4.74%
EPS Q2Q%-50.08%
Revenue 1Y (TTM)3.41%
Revenue growth 3Y9.27%
Revenue growth 5Y10.87%
Sales Q2Q%1.52%
3.2 Future
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 9.26, the valuation of FCD-UN can be described as very reasonable.
Based on the Price/Earnings ratio, FCD-UN is valued cheaply inside the industry as 94.74% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 27.42. FCD-UN is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.26 | ||
| Fwd PE | N/A |
4.2 Price Multiples
FCD-UN's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. FCD-UN is cheaper than 78.95% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.57 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
FCD-UN has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
FCD-UN has a Yearly Dividend Yield of 9.56%, which is a nice return.
Compared to an average industry Dividend Yield of 7.89, FCD-UN pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.36, FCD-UN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.56% |
5.2 History
The dividend of FCD-UN has a limited annual growth rate of 2.15%.
FCD-UN has been paying a dividend for at least 10 years, so it has a reliable track record.
FCD-UN has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)2.15%
Div Incr Years12
Div Non Decr Years12
5.3 Sustainability
FCD-UN pays out 80.17% of its income as dividend. This is not a sustainable payout ratio.
The Dividend Rate of FCD-UN has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP80.17%
EPS Next 2YN/A
EPS Next 3YN/A
TSX:FCD-UN (10/17/2025, 7:00:00 PM)
6.02
+0.02 (+0.33%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners2.94%
Inst Owner ChangeN/A
Ins Owners11.46%
Ins Owner ChangeN/A
Market Cap222.32M
Analysts46.67
Price Target6.12 (1.66%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.56% |
Yearly Dividend0.52
Dividend Growth(5Y)2.15%
DP80.17%
Div Incr Years12
Div Non Decr Years12
Ex-Date
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)4.35%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.26 | ||
| Fwd PE | N/A | ||
| P/S | 3.63 | ||
| P/FCF | 6.57 | ||
| P/OCF | 6.57 | ||
| P/B | 0.73 | ||
| P/tB | 0.73 | ||
| EV/EBITDA | N/A |
EPS(TTM)0.65
EY10.8%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)0.92
FCFY15.22%
OCF(TTM)0.92
OCFY15.22%
SpS1.66
BVpS8.28
TBVpS8.28
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.76% | ||
| ROE | 7.84% | ||
| ROCE | 5.56% | ||
| ROIC | 3.89% | ||
| ROICexc | 3.89% | ||
| ROICexgc | 3.89% | ||
| OM | 51.95% | ||
| PM (TTM) | 39.05% | ||
| GM | 63.01% | ||
| FCFM | 55.17% |
ROA(3y)2.47%
ROA(5y)4.17%
ROE(3y)5.31%
ROE(5y)8.55%
ROIC(3y)4.09%
ROIC(5y)3.82%
ROICexc(3y)4.1%
ROICexc(5y)3.85%
ROICexgc(3y)4.1%
ROICexgc(5y)3.85%
ROCE(3y)5.95%
ROCE(5y)5.56%
ROICexcg growth 3Y8.18%
ROICexcg growth 5Y2.25%
ROICexc growth 3Y8.18%
ROICexc growth 5Y2.25%
OM growth 3Y3.98%
OM growth 5Y0.68%
PM growth 3Y-23.66%
PM growth 5Y-10.75%
GM growth 3Y-0.72%
GM growth 5Y0.03%
F-Score7
Asset Turnover0.1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.92 | ||
| Debt/FCF | 9.41 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 2.35 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 141.28% | ||
| Current Ratio | 0.23 | ||
| Quick Ratio | 0.23 | ||
| Altman-Z | 0.76 |
F-Score7
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)3.32%
EPS 3Y-18.89%
EPS 5Y-4.74%
EPS Q2Q%-50.08%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)3.41%
Revenue growth 3Y9.27%
Revenue growth 5Y10.87%
Sales Q2Q%1.52%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-0.58%
EBIT growth 3Y13.62%
EBIT growth 5Y11.63%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y15.71%
FCF growth 3Y8.97%
FCF growth 5Y8.89%
OCF growth 1Y15.71%
OCF growth 3Y8.97%
OCF growth 5Y8.89%