-0.88%
-0.29%
5.31%
1.50%
5.13%
8.14%
29.02%
AI Spotlight on FRPH
Company Description
FRP Holdings, Inc.engages in the real estate businesses in the United States.The company operates through four segments: Asset Management, Mining Royalty Lands, Development, and Stabilized Joint Venture.
The Asset Management segment owns, leases, and manages commercial properties.The Mining Royalty Lands segment owns various properties comprising approximately 15,000 acres under lease for mining rents or royalties primarily in Florida, Georgia, and Virginia.This segment also owns an additional 107 acres of investment property in Brooksville, Florida.
The Development segment owns and monitors the use of parcels of land that are in various stages of development.The Stabilized Joint Venture segment owns, leases, and manages a 305-unit residential apartment building with approximately 14,430 square feet of first floor retail space; 264-unit residential apartment building with 6,758 square feet of retail space; and 294-unit garden-style apartment community located in Henrico County, Virginia that consists of 19 three-story apartment buildings containing 273,940 rentable square feet.FRP Holdings, Inc.
was incorporated in 2014 and is based in Jacksonville, Florida.
Market Data
| Last Price | 30.54 |
| Change Percentage | -0.88% |
| Open | 30.63 |
| Previous Close | 30.81 |
| Market Cap ( Millions) | 581 |
| Volume | 38207 |
| Year High | 33 |
| Year Low | 26.99 |
| M A 50 | 30.83 |
| M A 200 | 29.9 |
Financial Ratios
| FCF Yield | 9.23% |
| Dividend Yield | 0.00% |
| ROE | 1.82% |
| Debt / Equity | 42.49% |
| Net Debt / EBIDTA | 139.59% |
| Price To Book | 1.37 |
| Price Earnings Ratio | 76.04 |
| Price To FCF | 10.84 |
| Price To sales | 14.06 |
| EV / EBITDA | 25.16 |
News
- Nov -09 - FRP Holdings, Inc. (FRPH) Q3 2024 Earnings Call Transcript
- Nov -06 - FRP Holdings, Inc. (NASDAQ: FRPH) Announces Results for the Third Quarter and Nine Months Ended September 30, 2024
- Oct -31 - FRP Holdings, Inc. Announces Release Date for Its 2024 Third Quarter Earnings and Details for the Earnings Conference Call
- Aug -10 - FRP Holdings, Inc. (FRPH) Q2 2024 Earnings Call Transcript
- Jul -31 - FRP Holdings, Inc. Announces Release Date for Its 2024 Second Quarter Earnings and Details for the Earnings Conference Call
- Jul -01 - BBX Logistics Properties Announces Venture with FRP Development Corp to Develop 182,000 Square Foot Logistics Park in Davie, Florida
- Jun -28 - FRP Cross Arm Market Trends and Forecast Report (2024-2030) with Strategic Analysis of Geotek, Valmont Industries, Creative Composites Group, Liberty Pultrusions, and RC Technologies
- May -11 - FRP Holdings, Inc (FRPH) Q1 2024 Earnings Call Transcript
- May -08 - FRP Holdings, Inc. (NASDAQ: FRPH) Announces Results for the First Quarter Ended March 31, 2024
- May -01 - FRP Holdings, Inc. Announces Release Date for Its 2024 First Quarter Earnings and Details for the Earnings Conference Call
- Mar -07 - FRP Holdings, Inc. (FRPH) Q4 2023 Earnings Call Transcript
- Mar -06 - FRP Holdings, Inc. (NASDAQ: FRPH) Announces Results for the Fourth Quarter and Fiscal Year Ended December 31, 2023
- Feb -29 - FRP Holdings, Inc. Announces Release Date for Its 2023 Fourth Quarter Earnings and Details for the Earnings Conference Call
- Nov -11 - FRP Holdings, Inc. (FRPH) Q3 2023 Earnings Call Transcript
- Nov -08 - FRP Holdings, Inc. (NASDAQ: FRPH) Announces Results for the Third Quarter and Nine Months Ended September 30, 2023
- Nov -02 - FRP Holdings, Inc. Announces Release Date for its 2023 Third Quarter Earnings and Details for the Earnings Conference Call
- Oct -20 - FRP: Significant Quarterly Growth, And Benefits From Infrastructure Investments
- Oct -06 - FRP Holdings, Inc. Announces Investor Day Webcast Information
- Aug -11 - FRP Holdings, Inc. (FRPH) Q2 2023 Earnings Call Transcript
- Aug -09 - FRP Holdings, Inc. (NASDAQ: FRPH) Announces Results for the Second Quarter and Six Months Ended June 30, 2023
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Multifamily
Expected Growth : 4.5 %
What the company do ?
Multifamily from FRP Holdings, Inc. offers apartment communities, providing residents with amenities and services, focusing on comfort, convenience, and quality living.
Why we expect these perspectives ?
Growing demand for amenity-rich apartments, increasing focus on comfort and convenience, and rising need for quality living drive the multifamily segment's growth.
Segment n°2 -> Mining Royalty Lands
Expected Growth : 4.5 %
What the company do ?
Mining Royalty Lands from FRP Holdings, Inc. refers to the company's ownership of lands with mineral deposits, earning royalties from mining activities on these properties.
Why we expect these perspectives ?
Growing demand for minerals, increasing mining activities, and FRP Holdings' strategic land ownership position drive royalty income growth.
Segment n°3 -> Industrial and Commercial
Expected Growth : 4.5 %
What the company do ?
Industrial and Commercial segment of FRP Holdings, Inc. provides real estate services, including leasing, property management, and brokerage services to industrial and commercial properties.
Why we expect these perspectives ?
Growing e-commerce demand, increasing need for logistics and warehouse spaces, and rising industrial property values drive growth in the industrial and commercial segment of FRP Holdings, Inc.
Segment n°4 -> Development
Expected Growth : 4.5 %
What the company do ?
Development from FRP Holdings, Inc. refers to the company's real estate development and investment activities, focusing on commercial and residential projects.
Why we expect these perspectives ?
FRP Holdings' development segment is poised for growth driven by increasing demand for commercial and residential spaces, government initiatives supporting infrastructure development, and the company's strategic focus on high-growth markets.
Frp Holdings, Inc. Products
| Product Range | What is it ? |
|---|---|
| Real Estate | FRP Holdings, Inc. owns and operates a diverse portfolio of commercial and industrial properties across the United States. |
| Railroad Investments | FRP Holdings, Inc. invests in and manages short-line railroads, providing transportation services to industries such as agriculture, energy, and manufacturing. |
| Natural Gas and Oil | FRP Holdings, Inc. explores, develops, and produces natural gas and oil resources in the United States. |
| Corporate Investments | FRP Holdings, Inc. invests in and advises companies across various industries, providing strategic guidance and capital support. |
FRP Holdings, Inc.'s Porter Forces
Threat Of Substitutes
The threat of substitutes for FRP Holdings, Inc. is medium due to the presence of alternative materials and technologies that can replace the company's products.
Bargaining Power Of Customers
The bargaining power of customers is low due to the company's strong brand reputation and the lack of alternative suppliers.
Bargaining Power Of Suppliers
The bargaining power of suppliers is medium due to the presence of multiple suppliers and the company's ability to negotiate prices.
Threat Of New Entrants
The threat of new entrants is high due to the low barriers to entry and the attractiveness of the industry.
Intensity Of Rivalry
The intensity of rivalry is high due to the presence of several competitors and the high stakes of the industry.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 30.23% |
| Debt Cost | 3.95% |
| Equity Weight | 69.77% |
| Equity Cost | 6.77% |
| WACC | 5.91% |
| Leverage | 43.33% |
FRP Holdings, Inc. : Quality Control
FRP Holdings, Inc. passed 5 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| NMRK | Newmark Group, Inc. provides commercial real estate services in the United States and internationally. The company's investor/owner services and products include capital markets, such as investment, debt and structured finance, … |
| RMAX | RE/MAX Holdings, Inc. operates as a franchisor of real estate and mortgage brokerage services in the United States, Canada, and internationally. The company operates through three segments: Real Estate, Mortgage, … |
| DOMA | Doma Holdings Inc. originates, underwrites, and provides title, escrow, and settlement services to homeowners, lenders, title agents, and real estate professionals. It operates through two segments, Distribution and Underwriting. The … |
| MMI | Marcus & Millichap, Inc., an investment brokerage company, provides real estate investment brokerage and financing services to sellers and buyers of commercial real estate in the United States and Canada. … |
| MAYS | J.W. Mays, Inc. owns, operates, and leases commercial real estate properties in United States. Its properties are located in Brooklyn, Jamaica, Fishkill, Levittown, Massapequa of New York, and Circleville of … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Marcus Millichap
A-Score
1-Year Total Return ->
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Newmark
A-Score
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Doma
A-Score
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4
RE/MAX
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5
FRP Holdings
A-Score
1-Year Total Return ->
6
