FIVE POINT HOLDINGS LLC-CL A (FPH) Stock Fundamental Analysis
NYSE:FPH - New York Stock Exchange, Inc. - US33833Q1067 - Common Stock - Currency: USD
Taking everything into account, FPH scores 5 out of 10 in our fundamental rating. FPH was compared to 65 industry peers in the Real Estate Management & Development industry. While FPH has a great profitability rating, there are some minor concerns on its financial health. FPH is not valued too expensively and it also shows a decent 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.
The reported operating cash flow has been mixed in the past 5 years: FPH reported negative operating cash flow in multiple years.
1.2 Ratios
The Return On Assets of FPH (2.22%) is better than 78.46% of its industry peers.
The Return On Equity of FPH (9.10%) is better than 86.15% of its industry peers.
FPH's Return On Invested Capital of 2.09% is fine compared to the rest of the industry. FPH outperforms 64.62% of its industry peers.
| 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
FPH's Profit Margin of 28.66% is amongst the best of the industry. FPH outperforms 98.46% of its industry peers.
FPH's Profit Margin has improved in the last couple of years.
FPH has a Operating Margin of 28.41%. This is amongst the best in the industry. FPH outperforms 93.85% of its industry peers.
In the last couple of years the Operating Margin of FPH has grown nicely.
The Gross Margin of FPH (49.94%) is better than 80.00% of its industry peers.
FPH's Gross Margin has improved in the last couple of years.
| 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
FPH has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
FPH has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, FPH has more shares outstanding
FPH has a better debt/assets ratio than last year.
2.2 Solvency
FPH has an Altman-Z score of 1.28. This is a bad value and indicates that FPH is not financially healthy and even has some risk of bankruptcy.
FPH's Altman-Z score of 1.28 is in line compared to the rest of the industry. FPH outperforms 49.23% of its industry peers.
The Debt to FCF ratio of FPH is 5.10, which is a neutral value as it means it would take FPH, 5.10 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of FPH (5.10) is better than 78.46% of its industry peers.
FPH has a Debt/Equity ratio of 0.78. This is a neutral value indicating FPH is somewhat dependend on debt financing.
FPH has a Debt to Equity ratio (0.78) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.78 | ||
| Debt/FCF | 5.1 | ||
| Altman-Z | 1.28 |
ROIC/WACC0.21
WACC9.77%
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 has a Current ratio of 9.97. This is amongst the best in the industry. FPH outperforms 92.31% of its industry peers.
A Quick Ratio of 1.57 indicates that FPH should not have too much problems paying its short term obligations.
The Quick ratio of FPH (1.57) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 9.97 | ||
| Quick Ratio | 1.57 |
3. Growth
3.1 Past
FPH shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 47.06%, which is quite impressive.
The Earnings Per Share has been growing by 49.77% on average over the past years. This is a very strong growth
Looking at the last year, FPH shows a quite strong growth in Revenue. The Revenue has grown by 12.37% in the last year.
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 4.46, the valuation of FPH can be described as very cheap.
Based on the Price/Earnings ratio, FPH is valued cheaply inside the industry as 98.46% of the companies are valued more expensively.
FPH is valuated cheaply when we compare the Price/Earnings ratio to 26.17, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.46 | ||
| Fwd PE | N/A |
4.2 Price Multiples
FPH's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. FPH is cheaper than 96.92% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, FPH is valued cheaper than 95.38% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.39 | ||
| EV/EBITDA | 6.3 |
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
No dividends for FPH!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
5.58
-0.01 (-0.18%)
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 Cap389.93M
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 | 4.46 | ||
| Fwd PE | N/A | ||
| P/S | 1.64 | ||
| P/FCF | 3.39 | ||
| P/OCF | 3.36 | ||
| P/B | 0.52 | ||
| P/tB | 0.53 | ||
| EV/EBITDA | 6.3 |
EPS(TTM)1.25
EY22.4%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)1.65
FCFY29.54%
OCF(TTM)1.66
OCFY29.75%
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
WACC9.77%
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