FIVE POINT HOLDINGS LLC-CL A (FPH) Stock Fundamental Analysis
NYSE:FPH - New York Stock Exchange, Inc. - US33833Q1067 - Common Stock - Currency: USD
We assign a fundamental rating of 5 out of 10 to FPH. FPH was compared to 65 industry peers in the Real Estate Management & Development industry. FPH has an excellent profitability rating, but there are some minor concerns on its financial health. FPH has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
FPH had positive earnings in the past year.
FPH had a positive operating cash flow in the past year.
In multiple years FPH reported negative net income over the last 5 years.
In multiple years FPH reported negative operating cash flow during the last 5 years.
1.2 Ratios
FPH's Return On Assets of 2.22% is fine compared to the rest of the industry. FPH outperforms 78.46% of its industry peers.
The Return On Equity of FPH (9.10%) is better than 86.15% of its industry peers.
With a decent Return On Invested Capital value of 2.09%, FPH is doing good in the industry, outperforming 64.62% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.22% | ||
| ROE | 9.1% | ||
| ROIC | 2.09% |
ROA(3y)1.18%
ROA(5y)0.75%
ROE(3y)4.92%
ROE(5y)3.13%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With an excellent Profit Margin value of 28.66%, FPH belongs to the best of the industry, outperforming 98.46% of the companies in the same industry.
FPH's Profit Margin has improved in the last couple of years.
With an excellent Operating Margin value of 28.41%, FPH belongs to the best of the industry, outperforming 93.85% of the companies in the same industry.
In the last couple of years the Operating Margin of FPH has grown nicely.
FPH has a better Gross Margin (49.94%) than 80.00% of its industry peers.
In the last couple of years the Gross Margin of FPH has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 28.41% | ||
| PM (TTM) | 28.66% | ||
| GM | 49.94% |
OM growth 3Y176.99%
OM growth 5YN/A
PM growth 3Y118.08%
PM growth 5Y42.16%
GM growth 3Y11.85%
GM growth 5Y11.6%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so FPH is destroying value.
FPH has about the same amout of shares outstanding than it did 1 year ago.
FPH has more shares outstanding than it did 5 years ago.
The debt/assets ratio for FPH has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.28, we must say that FPH is in the distress zone and has some risk of bankruptcy.
FPH has a Altman-Z score (1.28) which is in line with its industry peers.
FPH has a debt to FCF ratio of 5.10. This is a neutral value as FPH would need 5.10 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 5.10, FPH is in the better half of the industry, outperforming 78.46% of the companies in the same industry.
FPH has a Debt/Equity ratio of 0.78. This is a neutral value indicating FPH is somewhat dependend on debt financing.
The Debt to Equity ratio of FPH (0.78) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.78 | ||
| Debt/FCF | 5.1 | ||
| Altman-Z | 1.28 |
ROIC/WACC0.21
WACC9.82%
2.3 Liquidity
FPH has a Current Ratio of 9.97. This indicates that FPH is financially healthy and has no problem in meeting its short term obligations.
FPH's Current ratio of 9.97 is amongst the best of the industry. FPH outperforms 92.31% of its industry peers.
FPH has a Quick Ratio of 1.57. This is a normal value and indicates that FPH is financially healthy and should not expect problems in meeting its short term obligations.
FPH has a Quick ratio of 1.57. This is comparable to the rest of the industry: FPH outperforms 58.46% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 9.97 | ||
| Quick Ratio | 1.57 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 47.06% over the past year.
FPH shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 49.77% yearly.
The Revenue has grown by 12.37% in the past year. This is quite good.
FPH shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.23% yearly.
EPS 1Y (TTM)47.06%
EPS 3Y115.78%
EPS 5Y49.77%
EPS Q2Q%966.67%
Revenue 1Y (TTM)12.37%
Revenue growth 3Y1.97%
Revenue growth 5Y5.23%
Sales Q2Q%32.39%
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
Based on the Price/Earnings ratio of 4.47, the valuation of FPH can be described as very cheap.
Compared to the rest of the industry, the Price/Earnings ratio of FPH indicates a rather cheap valuation: FPH is cheaper than 98.46% of the companies listed in the same industry.
FPH is valuated cheaply when we compare the Price/Earnings ratio to 25.91, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.47 | ||
| Fwd PE | N/A |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of FPH indicates a rather cheap valuation: FPH is cheaper than 96.92% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of FPH indicates a rather cheap valuation: FPH is cheaper than 95.38% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.39 | ||
| EV/EBITDA | 6.14 |
4.3 Compensation for Growth
FPH has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.09
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
FPH does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
5.59
+0.2 (+3.71%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)
Earnings (Next)
Inst Owners56.06%
Inst Owner Change1.77%
Ins Owners4.93%
Ins Owner Change7.27%
Market Cap390.63M
Analysts80
Price TargetN/A
Short Float %0.86%
Short Ratio2.82
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
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)0%
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 | 4.47 | ||
| Fwd PE | N/A | ||
| P/S | 1.64 | ||
| P/FCF | 3.39 | ||
| P/OCF | 3.37 | ||
| P/B | 0.52 | ||
| P/tB | 0.53 | ||
| EV/EBITDA | 6.14 |
EPS(TTM)1.25
EY22.36%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)1.65
FCFY29.49%
OCF(TTM)1.66
OCFY29.69%
SpS3.4
BVpS10.72
TBVpS10.6
PEG (NY)N/A
PEG (5Y)0.09
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.22% | ||
| ROE | 9.1% | ||
| ROCE | 2.41% | ||
| ROIC | 2.09% | ||
| ROICexc | 2.47% | ||
| ROICexgc | 2.49% | ||
| OM | 28.41% | ||
| PM (TTM) | 28.66% | ||
| GM | 49.94% | ||
| FCFM | 48.41% |
ROA(3y)1.18%
ROA(5y)0.75%
ROE(3y)4.92%
ROE(5y)3.13%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3Y180.42%
ROICexcg growth 5YN/A
ROICexc growth 3Y182.53%
ROICexc growth 5YN/A
OM growth 3Y176.99%
OM growth 5YN/A
PM growth 3Y118.08%
PM growth 5Y42.16%
GM growth 3Y11.85%
GM growth 5Y11.6%
F-Score8
Asset Turnover0.08
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.78 | ||
| Debt/FCF | 5.1 | ||
| Debt/EBITDA | 6.76 | ||
| Cap/Depr | 4.17% | ||
| Cap/Sales | 0.34% | ||
| Interest Coverage | 1.25 | ||
| Cash Conversion | 133.38% | ||
| Profit Quality | 168.94% | ||
| Current Ratio | 9.97 | ||
| Quick Ratio | 1.57 | ||
| Altman-Z | 1.28 |
F-Score8
WACC9.82%
ROIC/WACC0.21
Cap/Depr(3y)1.59%
Cap/Depr(5y)4.11%
Cap/Sales(3y)0.18%
Cap/Sales(5y)0.4%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)47.06%
EPS 3Y115.78%
EPS 5Y49.77%
EPS Q2Q%966.67%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)12.37%
Revenue growth 3Y1.97%
Revenue growth 5Y5.23%
Sales Q2Q%32.39%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y157.19%
EBIT growth 3Y182.45%
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-25.26%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-24.74%
OCF growth 3YN/A
OCF growth 5YN/A