BLACKROCK FLTNG RT INC STRAT (FRA) Stock Price, Forecast & Analysis
USA - New York Stock Exchange - NYSE:FRA - US09255X1000
11.93 USD
+0.01 (+0.08%)
11.94 USD
+0.01 (+0.08%)
Overall FRA gets a fundamental rating of 2 out of 10. We evaluated FRA against 0 industry peers in the Unkown industry. Both the profitability and financial health of FRA have multiple concerns. FRA is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year FRA was profitable.
In the past year FRA had a positive cash flow from operations.
FRA had positive earnings in 4 of the past 5 years.
FRA had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.01% | ||
| ROE | 6.8% | ||
| ROIC | 4.91% |
ROA(3y)4.97%
ROA(5y)3.91%
ROE(3y)6.66%
ROE(5y)5.4%
ROIC(3y)4.99%
ROIC(5y)4.07%
1.3 Margins
FRA's Profit Margin has improved in the last couple of years.
In the last couple of years the Operating Margin of FRA has grown nicely.
In the last couple of years the Gross Margin of FRA has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 73.47% | ||
| PM (TTM) | 61.22% | ||
| GM | 74.96% |
OM growth 3Y0.16%
OM growth 5Y1.59%
PM growth 3Y-8.48%
PM growth 5Y16.79%
GM growth 3Y-0.4%
GM growth 5Y1.26%
2. Health
2.1 Basic Checks
The number of shares outstanding for FRA remains at a similar level compared to 1 year ago.
Compared to 5 years ago, FRA has less shares outstanding
FRA has about the same debt/assets ratio as last year.
2.2 Solvency
Based on the Altman-Z score of 1.66, we must say that FRA is in the distress zone and has some risk of bankruptcy.
The Debt to FCF ratio of FRA is 2.38, which is a good value as it means it would take FRA, 2.38 years of fcf income to pay off all of its debts.
A Debt/Equity ratio of 0.31 indicates that FRA is not too dependend on debt financing.
Even though the debt/equity ratio score it not favorable for FRA, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 2.38 | ||
| Altman-Z | 1.66 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
FRA has a Current Ratio of 0.51. This is a bad value and indicates that FRA is not financially healthy enough and could expect problems in meeting its short term obligations.
FRA has a Quick Ratio of 0.51. This is a bad value and indicates that FRA is not financially healthy enough and could expect problems in meeting its short term obligations.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.51 | ||
| Quick Ratio | 0.51 |
3. Growth
3.1 Past
The earnings per share for FRA have decreased strongly by -31.11% in the last year.
Measured over the past years, FRA shows a very strong growth in Earnings Per Share. The EPS has been growing by 22.65% on average per year.
The Revenue for FRA has decreased by -14.51% in the past year. This is quite bad
The Revenue has been growing slightly by 4.22% on average over the past years.
EPS 1Y (TTM)-31.11%
EPS 3Y10.17%
EPS 5Y22.65%
EPS Q2Q%-37.25%
Revenue 1Y (TTM)-14.51%
Revenue growth 3Y20.3%
Revenue growth 5Y4.22%
Sales Q2Q%-21.43%
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
A Price/Earnings ratio of 12.83 indicates a correct valuation of FRA.
FRA's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.83 | ||
| Fwd PE | N/A |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.28 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)0.57
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 12.46%, FRA is a good candidate for dividend investing.
FRA's Dividend Yield is rather good when compared to the S&P500 average which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 12.46% |
5.2 History
On average, the dividend of FRA grows each year by 10.85%, which is quite nice.
FRA has paid a dividend for at least 10 years, which is a reliable track record.
FRA has decreased its dividend in the last 3 years.
Dividend Growth(5Y)10.85%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
FRA pays out 166.67% of its income as dividend. This is not a sustainable payout ratio.
The dividend of FRA is growing, but earnings are growing more, so the dividend growth is sustainable.
DP166.67%
EPS Next 2YN/A
EPS Next 3YN/A
11.93
+0.01 (+0.08%)
Chartmill FA Rating
GICS SectorN/A
GICS IndustryGroupN/A
GICS IndustryN/A
Earnings (Last)
Earnings (Next)
Inst Owners26.18%
Inst Owner Change-25.38%
Ins OwnersN/A
Ins Owner Change0%
Market Cap422.08M
Revenue(TTM)49.00M
Net Income(TTM)30.00M
Analysts0
Price TargetN/A
Short Float %1.7%
Short Ratio4.73
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 12.46% |
Yearly Dividend1.46
Dividend Growth(5Y)10.85%
DP166.67%
Div Incr Years2
Div Non Decr Years2
Ex-Date
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)N/A
PT rev (3m)N/A
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 | 12.83 | ||
| Fwd PE | N/A | ||
| P/S | 8.61 | ||
| P/FCF | 7.28 | ||
| P/OCF | 7.28 | ||
| P/B | 0.96 | ||
| P/tB | 0.96 | ||
| EV/EBITDA | N/A |
EPS(TTM)0.93
EY7.8%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)1.64
FCFY13.74%
OCF(TTM)1.64
OCFY13.74%
SpS1.38
BVpS12.46
TBVpS12.46
PEG (NY)N/A
PEG (5Y)0.57
Graham Number16.15
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.01% | ||
| ROE | 6.8% | ||
| ROCE | 6.26% | ||
| ROIC | 4.91% | ||
| ROICexc | 4.91% | ||
| ROICexgc | 4.91% | ||
| OM | 73.47% | ||
| PM (TTM) | 61.22% | ||
| GM | 74.96% | ||
| FCFM | 118.37% |
ROA(3y)4.97%
ROA(5y)3.91%
ROE(3y)6.66%
ROE(5y)5.4%
ROIC(3y)4.99%
ROIC(5y)4.07%
ROICexc(3y)5%
ROICexc(5y)4.08%
ROICexgc(3y)5%
ROICexgc(5y)4.08%
ROCE(3y)6.32%
ROCE(5y)5.16%
ROICexgc growth 3Y27.44%
ROICexgc growth 5Y10.12%
ROICexc growth 3Y27.47%
ROICexc growth 5Y10.13%
OM growth 3Y0.16%
OM growth 5Y1.59%
PM growth 3Y-8.48%
PM growth 5Y16.79%
GM growth 3Y-0.4%
GM growth 5Y1.26%
F-Score5
Asset Turnover0.08
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 2.38 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 4.46 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 193.33% | ||
| Current Ratio | 0.51 | ||
| Quick Ratio | 0.51 | ||
| Altman-Z | 1.66 |
F-Score5
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-31.11%
EPS 3Y10.17%
EPS 5Y22.65%
EPS Q2Q%-37.25%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-14.51%
Revenue growth 3Y20.3%
Revenue growth 5Y4.22%
Sales Q2Q%-21.43%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-16.28%
EBIT growth 3Y20.49%
EBIT growth 5Y5.88%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-42.8%
FCF growth 3Y58.74%
FCF growth 5Y-6.64%
OCF growth 1Y-42.8%
OCF growth 3Y58.74%
OCF growth 5Y-6.64%
BLACKROCK FLTNG RT INC STRAT / FRA FAQ
What does BLACKROCK FLTNG RT INC STRAT do?
BlackRock Floating Rate Income Strategies Fund Inc is a US-based company operating in industry. The company is headquartered in Wilmington, Delaware. The company went IPO on 2003-10-29. BlackRock Floating Rate Income Strategies Fund, Inc.(the Fund) is a closed-end management investment company. The Fund's investment objective is to provide shareholders with high current income and such preservation of capital as is consistent with investment in a diversified, leveraged portfolio consisting primarily of floating rate debt securities and instruments. The company seeks to achieve its investment objective by investing at least 80% of its managed assets in floating rate debt securities, including floating or variable rate debt securities that pay interest at rates that adjust whenever specified interest rate changes and/or which reset on predetermined dates. The company invests a substantial portion of its investments in floating rate debt securities consisting of secured or unsecured senior floating rate loans that are rated below investment grade or, if unrated, are considered by the investment advisor to be of comparable quality. The Fund's investment advisor is BlackRock Advisors, LLC.
Can you provide the latest stock price for BLACKROCK FLTNG RT INC STRAT?
The current stock price of FRA is 11.93 USD. The price increased by 0.08% in the last trading session.
What is the ChartMill rating of BLACKROCK FLTNG RT INC STRAT stock?
FRA has a ChartMill Technical rating of 0 out of 10 and a ChartMill Fundamental rating of 2 out of 10.