FIRST NATIONAL FINANCIAL - FNCN 2.895 PERP (FN-PR-A.CA) Stock Fundamental Analysis
Canada - TSX:FN-PR-A - CA33564P2026
22.45 CAD
+0.16 (+0.72%)
Overall FN-PR-A gets a fundamental rating of 3 out of 10. We evaluated FN-PR-A against 28 industry peers in the Financial Services industry. Both the profitability and financial health of FN-PR-A have multiple concerns. FN-PR-A is valued quite cheap, while showing a decent growth score. This is a good combination!
1. Profitability
1.1 Basic Checks
In the past year FN-PR-A was profitable.
In the past year FN-PR-A had a positive cash flow from operations.
Each year in the past 5 years FN-PR-A has been profitable.
FN-PR-A had negative operating cash flow in 4 of the past 5 years.
1.2 Ratios
FN-PR-A has a Return On Assets of 0.34%. This is in the lower half of the industry: FN-PR-A underperforms 67.86% of its industry peers.
FN-PR-A has a Return On Equity of 24.60%. This is amongst the best in the industry. FN-PR-A outperforms 96.43% of its industry peers.
FN-PR-A's Return On Invested Capital of 0.35% is on the low side compared to the rest of the industry. FN-PR-A is outperformed by 85.71% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for FN-PR-A is below the industry average of 4.85%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.34% | ||
| ROE | 24.6% | ||
| ROIC | 0.35% |
ROA(3y)0.46%
ROA(5y)0.46%
ROE(3y)29.54%
ROE(5y)30.93%
ROIC(3y)0.47%
ROIC(5y)0.47%
1.3 Margins
The Profit Margin of FN-PR-A (7.95%) is worse than 64.29% of its industry peers.
In the last couple of years the Profit Margin of FN-PR-A has declined.
With a Operating Margin value of 11.01%, FN-PR-A is not doing good in the industry: 82.14% of the companies in the same industry are doing better.
In the last couple of years the Operating Margin of FN-PR-A has declined.
Looking at the Gross Margin, with a value of 25.03%, FN-PR-A is in line with its industry, outperforming 57.14% of the companies in the same industry.
In the last couple of years the Gross Margin of FN-PR-A has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.01% | ||
| PM (TTM) | 7.95% | ||
| GM | 25.03% |
OM growth 3Y-12.95%
OM growth 5Y-7.29%
PM growth 3Y-13.2%
PM growth 5Y-7.28%
GM growth 3Y-10.39%
GM growth 5Y-2.89%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), FN-PR-A is destroying value.
Compared to 1 year ago, FN-PR-A has about the same amount of shares outstanding.
FN-PR-A has about the same amout of shares outstanding than it did 5 years ago.
FN-PR-A has a worse debt/assets ratio than last year.
2.2 Solvency
FN-PR-A has an Altman-Z score of -0.03. This is a bad value and indicates that FN-PR-A is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of -0.03, FN-PR-A is doing worse than 89.29% of the companies in the same industry.
The Debt to FCF ratio of FN-PR-A is 184.75, which is on the high side as it means it would take FN-PR-A, 184.75 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 184.75, FN-PR-A is not doing good in the industry: 64.29% of the companies in the same industry are doing better.
A Debt/Equity ratio of 71.28 is on the high side and indicates that FN-PR-A has dependencies on debt financing.
With a Debt to Equity ratio value of 71.28, FN-PR-A is not doing good in the industry: 89.29% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 71.28 | ||
| Debt/FCF | 184.75 | ||
| Altman-Z | -0.03 |
ROIC/WACC0.14
WACC2.51%
2.3 Liquidity
FN-PR-A has a Current Ratio of 0.05. This is a bad value and indicates that FN-PR-A is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Current ratio value of 0.05, FN-PR-A is not doing good in the industry: 75.00% of the companies in the same industry are doing better.
A Quick Ratio of 0.05 indicates that FN-PR-A may have some problems paying its short term obligations.
FN-PR-A has a Quick ratio of 0.05. This is in the lower half of the industry: FN-PR-A underperforms 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.05 | ||
| Quick Ratio | 0.05 |
3. Growth
3.1 Past
FN-PR-A shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -19.69%.
FN-PR-A shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 2.03% yearly.
Looking at the last year, FN-PR-A shows a quite strong growth in Revenue. The Revenue has grown by 8.85% in the last year.
The Revenue has been growing by 10.82% on average over the past years. This is quite good.
EPS 1Y (TTM)-19.69%
EPS 3Y1.44%
EPS 5Y2.03%
EPS Q2Q%16.85%
Revenue 1Y (TTM)8.85%
Revenue growth 3Y16.71%
Revenue growth 5Y10.82%
Sales Q2Q%23.39%
3.2 Future
Based on estimates for the next years, FN-PR-A will show a small growth in Earnings Per Share. The EPS will grow by 7.25% on average per year.
Based on estimates for the next years, FN-PR-A will show a small growth in Revenue. The Revenue will grow by 5.01% on average per year.
EPS Next Y2.15%
EPS Next 2Y10.19%
EPS Next 3Y7.25%
EPS Next 5YN/A
Revenue Next Year6.11%
Revenue Next 2Y7.29%
Revenue Next 3Y5.01%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 7.34 indicates a rather cheap valuation of FN-PR-A.
Compared to the rest of the industry, the Price/Earnings ratio of FN-PR-A indicates a rather cheap valuation: FN-PR-A is cheaper than 96.43% of the companies listed in the same industry.
FN-PR-A's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.08.
Based on the Price/Forward Earnings ratio of 5.54, the valuation of FN-PR-A can be described as very cheap.
FN-PR-A's Price/Forward Earnings ratio is rather cheap when compared to the industry. FN-PR-A is cheaper than 96.43% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.09, FN-PR-A is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.34 | ||
| Fwd PE | 5.54 |
4.2 Price Multiples
FN-PR-A's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. FN-PR-A is cheaper than 75.00% of the companies in the same industry.
92.86% of the companies in the same industry are more expensive than FN-PR-A, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.67 | ||
| EV/EBITDA | 185.43 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates FN-PR-A does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)3.41
PEG (5Y)3.61
EPS Next 2Y10.19%
EPS Next 3Y7.25%
5. Dividend
5.1 Amount
FN-PR-A has a Yearly Dividend Yield of 3.24%. Purely for dividend investing, there may be better candidates out there.
FN-PR-A's Dividend Yield is slightly below the industry average, which is at 6.60.
Compared to an average S&P500 Dividend Yield of 2.30, FN-PR-A pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.24% |
5.2 History
The dividend of FN-PR-A has a limited annual growth rate of 4.25%.
FN-PR-A has paid a dividend for at least 10 years, which is a reliable track record.
FN-PR-A has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)4.25%
Div Incr Years0
Div Non Decr Years4
5.3 Sustainability
FN-PR-A pays out 99.34% of its income as dividend. This is not a sustainable payout ratio.
The dividend of FN-PR-A is growing, but earnings are growing more, so the dividend growth is sustainable.
DP99.34%
EPS Next 2Y10.19%
EPS Next 3Y7.25%
FIRST NATIONAL FINANCIAL - FNCN 2.895 PERP
TSX:FN-PR-A (10/27/2025, 7:00:00 PM)
22.45
+0.16 (+0.72%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)
Earnings (Next)
Inst Owners3.8%
Inst Owner ChangeN/A
Ins Owners59.79%
Ins Owner ChangeN/A
Market Cap1.35B
Revenue(TTM)2.31B
Net Income(TTM)183.66M
Analysts40
Price Target21.47 (-4.37%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.24% |
Yearly Dividend3.02
Dividend Growth(5Y)4.25%
DP99.34%
Div Incr Years0
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-21.25%
Min EPS beat(2)-51.46%
Max EPS beat(2)8.96%
EPS beat(4)2
Avg EPS beat(4)-19.04%
Min EPS beat(4)-51.46%
Max EPS beat(4)8.96%
EPS beat(8)3
Avg EPS beat(8)-5.78%
EPS beat(12)5
Avg EPS beat(12)2.58%
EPS beat(16)7
Avg EPS beat(16)2.11%
Revenue beat(2)1
Avg Revenue beat(2)-4.35%
Min Revenue beat(2)-18.02%
Max Revenue beat(2)9.31%
Revenue beat(4)2
Avg Revenue beat(4)-5.71%
Min Revenue beat(4)-18.02%
Max Revenue beat(4)9.31%
Revenue beat(8)4
Avg Revenue beat(8)16%
Revenue beat(12)8
Avg Revenue beat(12)40.65%
Revenue beat(16)12
Avg Revenue beat(16)52.39%
PT rev (1m)1.23%
PT rev (3m)35.17%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-3.18%
EPS NY rev (1m)0%
EPS NY rev (3m)-16.28%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.64%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.13%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.34 | ||
| Fwd PE | 5.54 | ||
| P/S | 0.58 | ||
| P/FCF | 4.67 | ||
| P/OCF | 4.65 | ||
| P/B | 1.8 | ||
| P/tB | 1.88 | ||
| EV/EBITDA | 185.43 |
EPS(TTM)3.06
EY13.63%
EPS(NY)4.06
Fwd EY18.07%
FCF(TTM)4.8
FCFY21.39%
OCF(TTM)4.83
OCFY21.52%
SpS38.53
BVpS12.45
TBVpS11.95
PEG (NY)3.41
PEG (5Y)3.61
Graham Number29.28
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.34% | ||
| ROE | 24.6% | ||
| ROCE | 0.52% | ||
| ROIC | 0.35% | ||
| ROICexc | 0.35% | ||
| ROICexgc | 0.35% | ||
| OM | 11.01% | ||
| PM (TTM) | 7.95% | ||
| GM | 25.03% | ||
| FCFM | 12.47% |
ROA(3y)0.46%
ROA(5y)0.46%
ROE(3y)29.54%
ROE(5y)30.93%
ROIC(3y)0.47%
ROIC(5y)0.47%
ROICexc(3y)0.47%
ROICexc(5y)0.47%
ROICexgc(3y)0.47%
ROICexgc(5y)0.47%
ROCE(3y)0.7%
ROCE(5y)0.71%
ROICexgc growth 3Y-4.65%
ROICexgc growth 5Y-3.34%
ROICexc growth 3Y-4.64%
ROICexc growth 5Y-3.34%
OM growth 3Y-12.95%
OM growth 5Y-7.29%
PM growth 3Y-13.2%
PM growth 5Y-7.28%
GM growth 3Y-10.39%
GM growth 5Y-2.89%
F-Score5
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 71.28 | ||
| Debt/FCF | 184.75 | ||
| Debt/EBITDA | 199.55 | ||
| Cap/Depr | 13.55% | ||
| Cap/Sales | 0.07% | ||
| Interest Coverage | 0.17 | ||
| Cash Conversion | 108.63% | ||
| Profit Quality | 156.82% | ||
| Current Ratio | 0.05 | ||
| Quick Ratio | 0.05 | ||
| Altman-Z | -0.03 |
F-Score5
WACC2.51%
ROIC/WACC0.14
Cap/Depr(3y)54.65%
Cap/Depr(5y)111.75%
Cap/Sales(3y)0.43%
Cap/Sales(5y)0.77%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-19.69%
EPS 3Y1.44%
EPS 5Y2.03%
EPS Q2Q%16.85%
EPS Next Y2.15%
EPS Next 2Y10.19%
EPS Next 3Y7.25%
EPS Next 5YN/A
Revenue 1Y (TTM)8.85%
Revenue growth 3Y16.71%
Revenue growth 5Y10.82%
Sales Q2Q%23.39%
Revenue Next Year6.11%
Revenue Next 2Y7.29%
Revenue Next 3Y5.01%
Revenue Next 5YN/A
EBIT growth 1Y-19.24%
EBIT growth 3Y1.6%
EBIT growth 5Y2.74%
EBIT Next Year-98.27%
EBIT Next 3Y-72.17%
EBIT Next 5YN/A
FCF growth 1Y12.08%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y8.58%
OCF growth 3YN/A
OCF growth 5YN/A
FIRST NATIONAL FINANCIAL - FNCN 2.895 PERP / FN-PR-A.CA FAQ
What is the ChartMill fundamental rating of FIRST NATIONAL FINANCIAL - FNCN 2.895 PERP (FN-PR-A.CA) stock?
ChartMill assigns a fundamental rating of 3 / 10 to FN-PR-A.CA.
What is the valuation status for FN-PR-A stock?
ChartMill assigns a valuation rating of 7 / 10 to FIRST NATIONAL FINANCIAL - FNCN 2.895 PERP (FN-PR-A.CA). This can be considered as Undervalued.
Can you provide the profitability details for FIRST NATIONAL FINANCIAL - FNCN 2.895 PERP?
FIRST NATIONAL FINANCIAL - FNCN 2.895 PERP (FN-PR-A.CA) has a profitability rating of 3 / 10.
How financially healthy is FIRST NATIONAL FINANCIAL - FNCN 2.895 PERP?
The financial health rating of FIRST NATIONAL FINANCIAL - FNCN 2.895 PERP (FN-PR-A.CA) is 0 / 10.
Is the dividend of FIRST NATIONAL FINANCIAL - FNCN 2.895 PERP sustainable?
The dividend rating of FIRST NATIONAL FINANCIAL - FNCN 2.895 PERP (FN-PR-A.CA) is 4 / 10 and the dividend payout ratio is 99.34%.