Firm Capital Property Trust

Firm Capital Property Trust

FCD-UN · TO · Real Estate / REIT - Retail

6.93CAD+0.04 (+0.58%)

Price History

Full chart

Market Stats

Previous Close6.89
Open7.00
Day Range6.89 – 7.00
52-Week Range5.38 – 7.88
Volume8.13K
Market Cap252.94M
P/E (TTM)8.78
Forward P/E10.79
EPS0.78
Dividend Yield7.59%
Beta0.46
50-Day Avg6.94
200-Day Avg6.55

About

Firm Capital Property Trust is focused on creating long-term value for Unitholders, through capital preservation and disciplined investing to achieve stable distributable income. In partnership with management and industry leaders. The Trust's plan is to own as well as to co-own a diversified property portfolio of multi-residential, flex industrial, and net lease convenience retail. In addition to stand alone accretive acquisitions, the Trust will make joint acquisitions with strong financial partners and acquisitions of partial interests from existing ownership groups, in a manner that provides liquidity to those selling owners and professional management for those remaining as partners. Firm Capital Realty Partners Inc., through a structure focused on an alignment of interests with the Trust sources, syndicates and property and asset manages investments on behalf of the Trust. Firm Capital Property Trust was established on August 30, 2012 and incorporated in Ontario, Canada.

Company Details

  • SectorReal Estate
  • IndustryREIT - Retail
  • CEOMr. Robert McKee
  • Employees0
  • Headquarters163 Cartwright Avenue, Toronto, ON, Canada, M6A 1V5, Canada
  • Websitehttps://www.firmcapital.com

Leadership

  • Mr. Robert McKeePresident, CEO & Non-Independent Trustee · b. 1963
  • Mr. Eli DadouchVice Chairman & Co-Chief Investment Officer
  • Mr. Sandy Ivan Poklar CPA, CACFO & Non-Independent Trustee · b. 1970
  • Mr. Jonathan Mair CPA, CACo-Chief Investment Officer & Non-Independent Trustee
  • Ms. Victoria Granovski C.F.A., MFinSecretary & Trustee

Financials

Income Statement

Currency: CAD2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue288.66K5.52M9.76M13.01M16.27M19.32M22.06M36.16M44.54M46.43M54.02M58.09M60.58M61.86M
Growth (%)-+1813.57%+76.74%+33.23%+25.12%+18.72%+14.19%+63.89%+23.18%+4.25%+16.34%+7.53%+4.29%+2.11%
Cost of Revenue98.72K2.05M3.83M5.34M6.83M7.78M8.94M13.16M16.00M16.21M18.56M20.78M25.39M28.25M
Gross Profit189.94K3.47M5.93M7.67M9.44M11.54M13.12M22.99M28.54M30.22M35.46M37.30M35.19M33.60M
Gross Margin65.80%62.81%60.76%58.95%58.01%59.74%59.48%63.59%64.07%65.08%65.64%64.22%58.09%54.33%
Operating Expense132.48K732.13K992.88K1.26M1.82M2.11M2.04M4.50M3.80M8.76M4.09M4.23M2.62M1.44M
Operating Income57.46K2.74M4.94M6.41M7.62M9.44M11.08M18.49M24.73M21.45M31.37M33.07M32.56M32.16M
Operating Margin19.91%49.55%50.59%49.28%46.80%48.84%50.25%51.15%55.54%46.20%58.07%56.93%53.76%52.00%
EBITDA57.90K4.55M6.13M11.23M10.26M9.09M10.98M18.49M24.73M66.76M30.66M33.84M47.67M40.42M
EBITDA Margin20.06%82.30%62.80%86.36%63.03%47.04%49.76%51.15%55.54%143.78%56.76%58.26%78.69%65.34%
Net Income287.99K3.82M4.73M9.40M7.97M16.23M15.83M60.35M15.83M58.39M-22.00M15.37M33.89M25.72M
Net Income Margin99.77%69.19%48.41%72.28%48.95%84.01%71.75%166.92%35.55%125.75%-40.73%26.46%55.94%41.57%
R&D----0.490.840.720.990.361.260.020.26--
R&D as % of Total Revenue----0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%--
Interest Expense32.92K723.97K1.40M1.83M2.29M2.68M3.21M7.40M8.33M8.37M11.74M13.91M13.78M14.70M
Interest Expense % of Total Revenue11.40%13.11%14.39%14.08%14.08%13.89%14.53%20.47%18.70%18.03%21.73%23.96%22.75%23.77%

Balance Sheet

Currency: CAD2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets27.40M61.45M94.70M133.03M166.74M202.84M221.35M475.17M480.52M576.36M633.90M637.38M651.95M645.31M
Total Liabilities6.24M31.89M46.52M65.81M89.34M109.71M96.90M246.13M257.07M280.44M337.38M345.69M345.57M332.41M
Total Equity21.16M29.56M48.18M67.22M77.40M93.13M124.45M229.04M223.45M295.92M296.51M291.69M306.38M312.90M
Cash-432.56K2.45M3.95M615.35K197.76K3.42M12.75M5.69M5.90M4.99M8.33M9.18M5.69M
Total Debt5.54M30.44M44.09M62.49M84.12M104.78M92.46M236.97M248.35M264.97M325.73M335.29M332.67M319.39M
Net Debt5.54M30.01M41.64M58.54M83.50M104.58M89.05M224.22M242.66M259.07M320.74M326.96M323.49M313.70M

Cash Flow

Currency: CAD2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow333.35K3.32M4.84M6.67M8.34M9.08M9.65M22.48M22.32M26.60M29.97M28.92M34.42M19.02M
Investing Cash Flow-26.87M-28.19M-15.95M-11.11M-33.01M-11.62M-6.17M-175.29M-10.55M-47.83M-80.71M-561.66K1.96M9.90M
Financing Cash Flow26.53M25.31M13.12M5.94M21.34M-6.52M8.39M162.15M-18.84M21.44M49.83M-25.01M-35.53M-32.44M
Capital Expenditure028.00M0035.89M13.64M7.69M179.54M10.59M73.65M85.28M6.25M4.72M4.97M
Free Cash Flow333.35K-24.68M4.84M6.67M-27.56M-4.56M1.95M-157.06M11.73M-47.05M-55.31M22.66M29.70M19.02M
Dividends Paid-1.64M2.59M3.94M5.03M5.63M7.55M11.22M15.01M16.14M18.70M19.23M19.20M19.20M
FCF to OCF100.00%-743.86%100.00%100.00%-330.59%-50.23%20.24%-698.67%52.56%-176.88%-184.55%78.38%86.30%100.00%
Dividend Paid to FCF--6.65%53.39%59.04%-18.25%-123.38%386.61%-7.14%127.96%-34.31%-33.81%84.85%64.64%100.96%

Key Statistics & Ratios

Market Cap252.94M
Enterprise Value576.41M
Trailing P/E8.78
Forward P/E10.79
Price / Sales4.03
Price / Book0.80
EPS0.78
Book Value8.54
Revenue (TTM)62.73M
Gross Profit (TTM)40.00M
Profit Margin46.00%
Operating Margin51.60%
Return on Equity9.30%
Return on Assets3.24%
Shares Outstanding36.93M
Shares Float32.62M
Beta0.46
Dividend Yield7.59%
Dividend Rate0.52
Payout Ratio66.53%

Dividends

202612×
0.04Dec 31, 20260.04Nov 30, 20260.04Oct 30, 20260.04Sep 29, 20260.04Aug 31, 20260.04Jul 31, 20260.04Jun 30, 20260.04May 29, 20260.04Apr 30, 20260.04Mar 31, 20260.04Feb 27, 20260.04Jan 30, 2026
202512×
0.04Dec 31, 20250.04Nov 28, 20250.04Oct 31, 20250.04Sep 29, 20250.04Aug 29, 20250.04Jul 31, 20250.04Jun 30, 20250.04May 30, 20250.04Apr 30, 20250.04Mar 31, 20250.04Feb 28, 20250.04Jan 31, 2025