FIRST NATIONAL FINANCIAL - FNCN 2.895 PERP (FN-PR-A.CA) Stock Fundamental Analysis
TSX:FN-PR-A • CA33564P2026
25.1 CAD
0 (0%)
Last: Feb 23, 2026, 07:00 PM
We assign a fundamental rating of 3 out of 10 to FN-PR-A. FN-PR-A was compared to 30 industry peers in the Financial Services industry. FN-PR-A has a bad profitability rating. Also its financial health evaluation is rather negative. FN-PR-A is valued quite cheap, while showing a decent growth score. This is a good combination!
1. Profitability
1.1 Basic Checks
- FN-PR-A had positive earnings in the past year.
- 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's Return On Assets of 0.34% is on the low side compared to the rest of the industry. FN-PR-A is outperformed by 66.67% of its industry peers.
- FN-PR-A has a better Return On Equity (24.60%) than 93.33% of its industry peers.
- With a Return On Invested Capital value of 0.35%, FN-PR-A is not doing good in the industry: 73.33% of the companies in the same industry are doing better.
- Measured over the past 3 years, the Average Return On Invested Capital for FN-PR-A is significantly below the industry average of 7.21%.
| 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 comparable to the rest of the industry.
- In the last couple of years the Profit Margin of FN-PR-A has declined.
- FN-PR-A has a Operating Margin of 11.01%. This is in the lower half of the industry: FN-PR-A underperforms 70.00% of its industry peers.
- In the last couple of years the Operating Margin of FN-PR-A has declined.
- With a Gross Margin value of 25.03%, FN-PR-A perfoms like the industry average, outperforming 53.33% of the companies in the same industry.
- FN-PR-A's Gross Margin has declined in the last couple of years.
| 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
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so 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 -0.04. This is a bad value and indicates that FN-PR-A is not financially healthy and even has some risk of bankruptcy.
- The Altman-Z score of FN-PR-A (-0.04) is worse than 90.00% of its industry peers.
- FN-PR-A has a debt to FCF ratio of 184.75. This is a negative value and a sign of low solvency as FN-PR-A would need 184.75 years to pay back of all of its debts.
- Looking at the Debt to FCF ratio, with a value of 184.75, FN-PR-A is doing worse than 66.67% of the companies in the same industry.
- FN-PR-A has a Debt/Equity ratio of 71.28. This is a high value indicating a heavy dependency on external financing.
- With a Debt to Equity ratio value of 71.28, FN-PR-A is not doing good in the industry: 90.00% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 71.28 | ||
| Debt/FCF | 184.75 | ||
| Altman-Z | -0.04 |
ROIC/WACC0.16
WACC2.18%
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.
- FN-PR-A's Current ratio of 0.05 is on the low side compared to the rest of the industry. FN-PR-A is outperformed by 80.00% of its industry peers.
- FN-PR-A has a Quick 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.
- Looking at the Quick ratio, with a value of 0.05, FN-PR-A is doing worse than 80.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.05 | ||
| Quick Ratio | 0.05 |
3. Growth
3.1 Past
- The earnings per share for FN-PR-A have decreased strongly by -19.69% in the last year.
- Measured over the past 5 years, FN-PR-A shows a small growth in Earnings Per Share. The EPS has been growing by 2.03% on average per year.
- FN-PR-A shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.85%.
- FN-PR-A shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 10.82% yearly.
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
- FN-PR-A is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.25% yearly.
- The Revenue is expected to grow by 5.01% on average over the next years.
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
- 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 decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- FN-PR-A is valuated reasonably with a Price/Earnings ratio of 8.20.
- FN-PR-A's Price/Earnings ratio is rather cheap when compared to the industry. FN-PR-A is cheaper than 93.33% of the companies in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 26.64, FN-PR-A is valued rather cheaply.
- With a Price/Forward Earnings ratio of 6.19, the valuation of FN-PR-A can be described as very cheap.
- Based on the Price/Forward Earnings ratio, FN-PR-A is valued cheaper than 93.33% of the companies in the same industry.
- FN-PR-A is valuated cheaply when we compare the Price/Forward Earnings ratio to 27.75, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.2 | ||
| Fwd PE | 6.19 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, FN-PR-A is valued a bit cheaper than 70.00% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, FN-PR-A is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 0.26 | ||
| EV/EBITDA | 180.66 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)3.81
PEG (5Y)4.03
EPS Next 2Y10.19%
EPS Next 3Y7.25%
5. Dividend
5.1 Amount
- FN-PR-A has a Yearly Dividend Yield of 3.24%.
- FN-PR-A's Dividend Yield is slightly below the industry average, which is at 5.63.
- Compared to an average S&P500 Dividend Yield of 1.80, FN-PR-A pays a better dividend.
| 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.
- FN-PR-A's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP99.34%
EPS Next 2Y10.19%
EPS Next 3Y7.25%
FIRST NATIONAL FINANCIAL - FNCN 2.895 PERP
TSX:FN-PR-A (2/23/2026, 7:00:00 PM)
25.1
0 (0%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)11-04 2025-11-04
Earnings (Next)03-02 2026-03-02
Inst Owners6.43%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap74.80M
Revenue(TTM)2.31B
Net Income(TTM)183.66M
Analysts40
Price Target21.47 (-14.46%)
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-DateN/A
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)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.2 | ||
| Fwd PE | 6.19 | ||
| P/S | 0.03 | ||
| P/FCF | 0.26 | ||
| P/OCF | 0.26 | ||
| P/B | 0.1 | ||
| P/tB | 0.1 | ||
| EV/EBITDA | 180.66 |
EPS(TTM)3.06
EY12.19%
EPS(NY)4.06
Fwd EY16.16%
FCF(TTM)96.65
FCFY385.07%
OCF(TTM)97.21
OCFY387.28%
SpS775.39
BVpS250.52
TBVpS240.53
PEG (NY)3.81
PEG (5Y)4.03
Graham Number131.33
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 | -0.04 |
F-Score5
WACC2.18%
ROIC/WACC0.16
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.
Can you provide the valuation status for FIRST NATIONAL FINANCIAL - FNCN 2.895 PERP?
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.
What is the financial health of FIRST NATIONAL FINANCIAL - FNCN 2.895 PERP (FN-PR-A.CA) stock?
The financial health rating of FIRST NATIONAL FINANCIAL - FNCN 2.895 PERP (FN-PR-A.CA) is 0 / 10.
Can you provide the dividend sustainability for FN-PR-A stock?
The dividend rating of FIRST NATIONAL FINANCIAL - FNCN 2.895 PERP (FN-PR-A.CA) is 5 / 10 and the dividend payout ratio is 99.34%.