FOUR CORNERS PROPERTY TRUST (FCPT) Stock Fundamental Analysis
USA - NYSE:FCPT - US35086T1097 - REIT
24.705 USD
+0.07 (+0.3%)
Taking everything into account, FCPT scores 4 out of 10 in our fundamental rating. FCPT was compared to 30 industry peers in the Specialized REITs industry. While FCPT is still in line with the averages on profitability rating, there are concerns on its financial health. While showing a medium growth rate, FCPT is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year FCPT was profitable.
In the past year FCPT had a positive cash flow from operations.
FCPT had positive earnings in each of the past 5 years.
Each year in the past 5 years FCPT had a positive operating cash flow.
1.2 Ratios
The Return On Assets of FCPT (3.83%) is better than 73.33% of its industry peers.
With a decent Return On Equity value of 7.15%, FCPT is doing good in the industry, outperforming 70.00% of the companies in the same industry.
FCPT's Return On Invested Capital of 4.57% is fine compared to the rest of the industry. FCPT outperforms 63.33% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for FCPT is in line with the industry average of 4.79%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.83% | ||
| ROE | 7.15% | ||
| ROIC | 4.57% |
ROA(3y)4.04%
ROA(5y)4.25%
ROE(3y)7.71%
ROE(5y)8.24%
ROIC(3y)4.58%
ROIC(5y)4.79%
1.3 Margins
FCPT has a Profit Margin of 37.87%. This is amongst the best in the industry. FCPT outperforms 86.67% of its industry peers.
In the last couple of years the Profit Margin of FCPT has declined.
FCPT's Operating Margin of 55.71% is amongst the best of the industry. FCPT outperforms 86.67% of its industry peers.
In the last couple of years the Operating Margin of FCPT has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 55.71% | ||
| PM (TTM) | 37.87% | ||
| GM | N/A |
OM growth 3Y-1.84%
OM growth 5Y-2.04%
PM growth 3Y-4.42%
PM growth 5Y-3.73%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
FCPT has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for FCPT has been increased compared to 1 year ago.
FCPT has more shares outstanding than it did 5 years ago.
The debt/assets ratio for FCPT has been reduced compared to a year ago.
2.2 Solvency
FCPT has an Altman-Z score of 1.42. This is a bad value and indicates that FCPT is not financially healthy and even has some risk of bankruptcy.
FCPT has a Altman-Z score of 1.42. This is in the better half of the industry: FCPT outperforms 70.00% of its industry peers.
A Debt/Equity ratio of 0.81 indicates that FCPT is somewhat dependend on debt financing.
The Debt to Equity ratio of FCPT (0.81) is better than 76.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.81 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.42 |
ROIC/WACC0.6
WACC7.63%
2.3 Liquidity
FCPT has a Current Ratio of 0.17. This is a bad value and indicates that FCPT is not financially healthy enough and could expect problems in meeting its short term obligations.
FCPT has a worse Current ratio (0.17) than 86.67% of its industry peers.
FCPT has a Quick Ratio of 0.17. This is a bad value and indicates that FCPT is not financially healthy enough and could expect problems in meeting its short term obligations.
FCPT's Quick ratio of 0.17 is on the low side compared to the rest of the industry. FCPT is outperformed by 86.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.17 | ||
| Quick Ratio | 0.17 |
3. Growth
3.1 Past
FCPT shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 0.93%.
The Earnings Per Share has been growing slightly by 0.19% on average over the past years.
FCPT shows a small growth in Revenue. In the last year, the Revenue has grown by 6.28%.
The Revenue has been growing by 10.85% on average over the past years. This is quite good.
EPS 1Y (TTM)0.93%
EPS 3Y-0.92%
EPS 5Y0.19%
EPS Q2Q%3.7%
Revenue 1Y (TTM)6.28%
Revenue growth 3Y10.37%
Revenue growth 5Y10.85%
Sales Q2Q%9.57%
3.2 Future
The Earnings Per Share is expected to grow by 4.73% on average over the next years.
Based on estimates for the next years, FCPT will show a quite strong growth in Revenue. The Revenue will grow by 9.14% on average per year.
EPS Next Y5.81%
EPS Next 2Y5.88%
EPS Next 3Y4.73%
EPS Next 5YN/A
Revenue Next Year15.47%
Revenue Next 2Y9.6%
Revenue Next 3Y9.14%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 22.87, FCPT is valued on the expensive side.
Compared to the rest of the industry, the Price/Earnings ratio of FCPT indicates a rather cheap valuation: FCPT is cheaper than 83.33% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 27.77. FCPT is around the same levels.
FCPT is valuated rather expensively with a Price/Forward Earnings ratio of 20.60.
FCPT's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. FCPT is cheaper than 80.00% of the companies in the same industry.
FCPT's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 23.23.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.87 | ||
| Fwd PE | 20.6 |
4.2 Price Multiples
70.00% of the companies in the same industry are more expensive than FCPT, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 17.74 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The decent profitability rating of FCPT may justify a higher PE ratio.
PEG (NY)3.94
PEG (5Y)121.69
EPS Next 2Y5.88%
EPS Next 3Y4.73%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.85%, FCPT is a good candidate for dividend investing.
FCPT's Dividend Yield is a higher than the industry average which is at 5.76.
Compared to an average S&P500 Dividend Yield of 2.36, FCPT pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.85% |
5.2 History
The dividend of FCPT has a limited annual growth rate of 3.33%.
FCPT has been paying a dividend for at least 10 years, so it has a reliable track record.
FCPT has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)3.33%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
FCPT pays out 128.20% of its income as dividend. This is not a sustainable payout ratio.
FCPT's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP128.2%
EPS Next 2Y5.88%
EPS Next 3Y4.73%
NYSE:FCPT (10/22/2025, 2:33:58 PM)
24.705
+0.07 (+0.3%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustrySpecialized REITs
Earnings (Last)
Earnings (Next)
Inst Owners101.54%
Inst Owner Change0.01%
Ins Owners1.18%
Ins Owner Change2.5%
Market Cap2.58B
Revenue(TTM)279.44M
Net Income(TTM)105.84M
Analysts74.67
Price Target29.58 (19.73%)
Short Float %3.69%
Short Ratio6.02
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.85% |
Yearly Dividend1.34
Dividend Growth(5Y)3.33%
DP128.2%
Div Incr Years3
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-3.77%
Min EPS beat(2)-6.29%
Max EPS beat(2)-1.26%
EPS beat(4)0
Avg EPS beat(4)-4.57%
Min EPS beat(4)-6.29%
Max EPS beat(4)-1.26%
EPS beat(8)0
Avg EPS beat(8)-3.61%
EPS beat(12)2
Avg EPS beat(12)-2.64%
EPS beat(16)4
Avg EPS beat(16)-2.02%
Revenue beat(2)2
Avg Revenue beat(2)2.3%
Min Revenue beat(2)2.17%
Max Revenue beat(2)2.43%
Revenue beat(4)3
Avg Revenue beat(4)1.55%
Min Revenue beat(4)-0.25%
Max Revenue beat(4)2.43%
Revenue beat(8)6
Avg Revenue beat(8)1.19%
Revenue beat(12)7
Avg Revenue beat(12)0.56%
Revenue beat(16)10
Avg Revenue beat(16)0.65%
PT rev (1m)0%
PT rev (3m)-2.87%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0.7%
EPS NY rev (1m)-0.36%
EPS NY rev (3m)-0.18%
Revenue NQ rev (1m)0.13%
Revenue NQ rev (3m)-0.36%
Revenue NY rev (1m)0.11%
Revenue NY rev (3m)4.44%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.87 | ||
| Fwd PE | 20.6 | ||
| P/S | 9.24 | ||
| P/FCF | N/A | ||
| P/OCF | 14.99 | ||
| P/B | 1.74 | ||
| P/tB | 1.9 | ||
| EV/EBITDA | 17.74 |
EPS(TTM)1.08
EY4.37%
EPS(NY)1.2
Fwd EY4.86%
FCF(TTM)-1.74
FCFYN/A
OCF(TTM)1.65
OCFY6.67%
SpS2.68
BVpS14.18
TBVpS13.01
PEG (NY)3.94
PEG (5Y)121.69
Graham Number18.56
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.83% | ||
| ROE | 7.15% | ||
| ROCE | 5.78% | ||
| ROIC | 4.57% | ||
| ROICexc | 4.58% | ||
| ROICexgc | 4.82% | ||
| OM | 55.71% | ||
| PM (TTM) | 37.87% | ||
| GM | N/A | ||
| FCFM | N/A |
ROA(3y)4.04%
ROA(5y)4.25%
ROE(3y)7.71%
ROE(5y)8.24%
ROIC(3y)4.58%
ROIC(5y)4.79%
ROICexc(3y)4.61%
ROICexc(5y)4.82%
ROICexgc(3y)4.92%
ROICexgc(5y)5.13%
ROCE(3y)5.8%
ROCE(5y)6.06%
ROICexgc growth 3Y-3.23%
ROICexgc growth 5Y-3.69%
ROICexc growth 3Y-3.17%
ROICexc growth 5Y-3.96%
OM growth 3Y-1.84%
OM growth 5Y-2.04%
PM growth 3Y-4.42%
PM growth 5Y-3.73%
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.81 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 5.66 | ||
| Cap/Depr | 622.95% | ||
| Cap/Sales | 126.51% | ||
| Interest Coverage | 2.65 | ||
| Cash Conversion | 81.02% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.17 | ||
| Quick Ratio | 0.17 | ||
| Altman-Z | 1.42 |
F-Score5
WACC7.63%
ROIC/WACC0.6
Cap/Depr(3y)629.03%
Cap/Depr(5y)688.48%
Cap/Sales(3y)123.56%
Cap/Sales(5y)128.03%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)0.93%
EPS 3Y-0.92%
EPS 5Y0.19%
EPS Q2Q%3.7%
EPS Next Y5.81%
EPS Next 2Y5.88%
EPS Next 3Y4.73%
EPS Next 5YN/A
Revenue 1Y (TTM)6.28%
Revenue growth 3Y10.37%
Revenue growth 5Y10.85%
Sales Q2Q%9.57%
Revenue Next Year15.47%
Revenue Next 2Y9.6%
Revenue Next 3Y9.14%
Revenue Next 5YN/A
EBIT growth 1Y7.09%
EBIT growth 3Y8.34%
EBIT growth 5Y8.59%
EBIT Next Year50.87%
EBIT Next 3Y22.13%
EBIT Next 5YN/A
FCF growth 1Y20.96%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y5.99%
OCF growth 3Y5.59%
OCF growth 5Y6.6%