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Firm Capital Property Trust

Company price
6.98 CAD -0.02 ( 0.29%)
Last update at 2026-11-05T14:30:00Z
VOLUME
1740
Market Cap
180.20M
P/E
10.61

Momentum Score

…

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, net lease convenience retail, and core service provider professional space. 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.

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Day Price Range
6.98
Low
6.98
High
52 Week Price Range
4.47
Low
5.82
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Firm Capital Property Trust is a publicly traded Canadian real estate trust that owns and manages a diversified portfolio of commercial assets to generate rental income and property value appreciation. Long-term growth may be supported by rental revenue, selective acquisitions and active asset management to enhance cash flow. Investors may find exposure to recurring real-estate cash flow and professional management appealing.
Primary investment risks include sensitivity to interest rates, market cyclicality, tenant concentration and leverage that could pressure cash distributions.

Risk Score
Medium

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
7.00
Dividend Yield
10.65%
Revenue TTM
57.67M
Revenue Per Share
1.56
Gross Profit TTM
35.61M
Debt / Equity
1.10
ROE
5.90%
Net Debt
320.74M
ROCE
5.89%
Diluted EPS TTM
0.46

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax -1.18M 58.39M 15.83M 35.72M 15.83M
Net income -22.00M 102.95M 15.83M 60.35M 15.83M
Selling general administrative 4.09M 8.01M 3.79M 4.20M 2.04M
Gross profit 35.46M 30.22M 28.54M 22.99M 13.12M
Ebit 31.37M 22.20M 24.80M 18.89M -
Ebitda 30.66M 21.45M 24.73M 18.49M 19.03M
Depreciation and amortization -0.71M -0.75M - - -
Operating income 31.37M 22.20M 24.73M 18.49M 11.08M
Other operating expenses 22.65M 24.23M 19.79M 17.36M 10.98M
Interest expense 11.74M 8.37M 8.33M 7.40M 3.21M
Interest income 0.30M 0.23M 0.33M 0.10M -
Net interest income -12.44M -9.12M -8.34M -7.70M -
Income tax expense 20.82M -44.56M 0.57M -24.63M -
Total revenue 54.02M 46.43M 44.54M 36.16M 22.06M
Total operating expenses 4.09M 8.01M 3.79M 4.20M 2.04M
Cost of revenue 18.56M 16.21M 16.00M 13.16M 8.94M
Total other income expense net -32.55M 36.19M -8.90M 17.23M 4.74M
Net income from continuing ops -1.18M 58.39M 15.83M 35.72M -
Net income applicable to common shares -1.18M 58.39M 15.83M 35.72M -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 633.90M 576.36M 480.52M 475.17M 221.35M
Other current assets 2.33M 3.42M 2.20M 1.67M 3.22M
Total liab 337.38M 280.44M 257.07M 246.13M 96.90M
Total stockholder equity 296.51M 295.92M 223.45M 229.04M 124.45M
Other current liab 9.10M 13.43M 7.08M 7.61M 3.27M
Common stock 218.71M 198.07M 167.62M 174.03M 93.33M
Capital stock 218.71M 198.07M 167.62M 174.03M -
Retained earnings 77.80M 97.85M 55.83M 55.01M 31.11M
Other liab 2.01M 1.51M 1.31M 1.18M -
Other assets 1.57M 0.70M - - -
Cash 4.99M 5.90M 5.69M 12.75M 3.42M
Total current liabilities 101.19M 56.78M 46.30M 60.02M 15.26M
Current deferred revenue 0.54M 0.53M 0.34M 0.38M 0.18M
Net debt 320.74M 259.07M 242.66M 224.22M 89.05M
Short term debt 91.55M 42.82M 38.89M 52.03M 11.82M
Short long term debt 91.51M 42.78M 38.85M 52.00M -
Short long term debt total 325.73M 264.97M 248.35M 236.97M 92.46M
Property plant equipment 616.31M 563.35M 449.43M 457.78M -
Total current assets 16.02M 12.30M 31.09M 17.40M 8.46M
Net tangible assets 296.51M 295.92M 223.45M 229.04M -
Net receivables 8.70M 2.98M 2.96M 2.78M 1.82M
Long term debt 234.00M 221.93M 209.20M 184.65M -
Inventory - - 20.25M 0.19M -
Accounts payable 7.50M - 6.33M 6.44M -
Non currrent assets other 617.88M 564.05M - - 212.89M
Non current assets total 617.88M 564.05M 449.43M 457.78M 212.89M
Capital lease obligations 0.22M 0.26M 0.29M 0.33M -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -80.71M -47.83M -10.55M -175.29M -
Change to liabilities -2.54M 4.42M -0.48M 3.46M -
Total cashflows from investing activities -80.71M -47.83M -10.55M -175.29M -
Net borrowings 59.94M 15.84M 11.35M 100.98M -
Total cash from financing activities 49.83M 21.44M -18.84M 162.15M 8.39M
Change to operating activities 1.40M -0.69M -0.54M 0.41M -
Net income -1.18M 58.39M 15.83M 35.72M 15.83M
Change in cash -0.91M 0.21M -7.06M 9.33M 11.87M
Begin period cash flow 5.90M 5.69M 12.75M 3.42M -8.45M
End period cash flow 4.99M 5.90M 5.69M 12.75M 3.42M
Total cash from operating activities 29.97M 26.60M 22.32M 22.48M 9.65M
Issuance of capital stock 23.27M 30.44M - 80.64M -
Depreciation - - 0.07M 0.07M -
Dividends paid 18.70M 16.14M 15.01M 11.22M 7.55M
Change to account receivables 1.82M -0.69M -0.66M -0.86M -0.01M
Sale purchase of stock -2.62M - -6.41M 100.10M -
Other cashflows from financing activities 70.58M 26.52M 56.02M 98.93M 17.70M
Change to netincome 29.47M -35.82M 7.75M -16.64M -
Capital expenditures 85.28M 73.65M 10.59M 179.54M 7.69M
Change in working capital 0.68M 3.05M -1.67M 3.01M -1.26M
Stock based compensation -1.66M 1.73M -0.43M 0.71M -0.27M
Other non cash items 32.13M -36.56M 8.59M -16.96M -4.65M
Free cash flow -55.31M -47.05M 11.73M -157.06M 1.95M

Peer Comparison*

Sector: Real Estate Industry: REIT - Retail

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
FCD-UN
Firm Capital Property Trust
-0.02
0.29%
6.98 10.61 10.85 3.12 0.62 8.93 16.45
CHP-UN
Choice Properties Real Estate Investment Trust
0.06
0.39%
15.32 15.24 13.72 7.35 0.95 8.73 9.26
REI-UN
RioCan Real Estate Investment Trust
0.05
0.23%
21.67 37.32 10.32 4.73 0.73 11.02 36.83
SRU-UN
SmartCentres Real Estate Investment Trust
0.31
1.12%
27.95 8.62 12.05 4.47 0.79 11.07 12.00
CRT-UN
CT Real Estate Investment Trust
0.12
0.67%
18.09 14.82 10.80 6.24 2.00 8.99 13.02

Profile*

Firm Capital Property Trust

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, net lease convenience retail, and core service provider professional space. 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.

163 Cartwright Avenue, Toronto, ON, Canada, M6A 1V5

416-635-0221

Name Title Year Born
Mr. Robert McKee Pres, CEO & Non-Independent Trustee 1963
Mr. Eli Dadouch Vice Chairman & Co-Chief Investment Officer NA
Mr. Sandy Ivan Poklar CPA, CA CFO & Non-Independent Trustee 1970
Mr. Jonathan Mair CPA, CA Co-Chief Investment Officer & Non-Independent Trustee NA
Ms. Victoria Granovski C.F.A., MFin Sec. & Trustee NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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