FIRST NATIONAL FINANCIAL - FNCN 2.895 PERP (FN-PR-A.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:FN-PR-A - CA33564P2026
23.5 CAD
-0.13 (-0.55%)
FN-PR-A gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals 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 scores decently on growth, while it is valued quite cheap. This could make an interesting 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.
In the past 5 years FN-PR-A reported 4 times negative operating cash flow.
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 78.57% of its industry peers.
FN-PR-A has a better Return On Equity (24.60%) than 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.
FN-PR-A had an Average Return On Invested Capital over the past 3 years of 0.47%. This is significantly below the industry average of 5.82%.
| 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
Looking at the Profit Margin, with a value of 7.95%, FN-PR-A is doing worse than 60.71% of the companies in the same industry.
FN-PR-A's Profit Margin has declined in the last couple of years.
FN-PR-A has a worse Operating Margin (11.01%) than 82.14% of its industry peers.
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.
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.
FN-PR-A has a worse Altman-Z score (-0.04) than 89.29% of its industry peers.
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.
FN-PR-A has a worse Debt to FCF ratio (184.75) than 67.86% of its industry peers.
A Debt/Equity ratio of 71.28 is on the high side and indicates that FN-PR-A has dependencies on debt financing.
The Debt to Equity ratio of FN-PR-A (71.28) is worse than 92.86% of its industry peers.
| 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 has a Current ratio of 0.05. This is in the lower half of the industry: FN-PR-A underperforms 78.57% of its industry peers.
A Quick Ratio of 0.05 indicates that FN-PR-A may have some problems paying its short term obligations.
With a Quick ratio value of 0.05, FN-PR-A is not doing good in the industry: 78.57% of the companies in the same industry are doing better.
| 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%.
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.
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.
FN-PR-A is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.01% yearly.
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.
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
A Price/Earnings ratio of 7.68 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 is valuated cheaply when we compare the Price/Earnings ratio to 26.34, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 5.79, the valuation of FN-PR-A can be described as very cheap.
96.43% of the companies in the same industry are more expensive than FN-PR-A, based on the Price/Forward Earnings ratio.
FN-PR-A's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.56.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.68 | ||
| Fwd PE | 5.79 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FN-PR-A is valued a bit cheaper than the industry average as 71.43% of the companies are valued more expensively.
FN-PR-A's Price/Free Cash Flow ratio is rather cheap when compared to the industry. FN-PR-A is cheaper than 96.43% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 0.24 | ||
| EV/EBITDA | 180.65 |
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)3.57
PEG (5Y)3.77
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 6.84.
Compared to an average S&P500 Dividend Yield of 2.31, 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 (12/8/2025, 7:00:00 PM)
23.5
-0.13 (-0.55%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)
Earnings (Next)
Inst Owners6.66%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap70.03M
Revenue(TTM)2.31B
Net Income(TTM)183.66M
Analysts40
Price Target21.47 (-8.64%)
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)0%
PT rev (3m)7.88%
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 | 7.68 | ||
| Fwd PE | 5.79 | ||
| P/S | 0.03 | ||
| P/FCF | 0.24 | ||
| P/OCF | 0.24 | ||
| P/B | 0.09 | ||
| P/tB | 0.1 | ||
| EV/EBITDA | 180.65 |
EPS(TTM)3.06
EY13.02%
EPS(NY)4.06
Fwd EY17.26%
FCF(TTM)96.65
FCFY411.29%
OCF(TTM)97.21
OCFY413.65%
SpS775.39
BVpS250.52
TBVpS240.53
PEG (NY)3.57
PEG (5Y)3.77
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.
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 2 / 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%.