Freehold Royalties Ltd. (TSX:FRU)

Freehold Royalties Statistics

Total Valuation

TSX:FRU has a market cap or net worth of CAD 2.47 billion. The enterprise value is 2.76 billion.

Market Cap	2.47B
Enterprise Value	2.76B

Important Dates

The last earnings date was Thursday, November 13, 2025.

Earnings Date	Nov 13, 2025
Ex-Dividend Date	Nov 28, 2025

Share Statistics

TSX:FRU has 163.96 million shares outstanding. The number of shares has increased by 6.67% in one year.

Current Share Class	163.96M
Shares Outstanding	163.96M
Shares Change (YoY)	+6.67%
Shares Change (QoQ)	-0.41%
Owned by Insiders (%)	0.48%
Owned by Institutions (%)	21.47%
Float	136.91M

Valuation Ratios

The trailing PE ratio is 19.09 and the forward PE ratio is 19.73.

PE Ratio	19.09
Forward PE	19.73
PS Ratio	7.72
PB Ratio	2.39
P/TBV Ratio	2.39
P/FCF Ratio	n/a
P/OCF Ratio	10.33
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 9.57, with an EV/FCF ratio of -38.13.

EV / Earnings	21.42
EV / Sales	8.61
EV / EBITDA	9.57
EV / EBIT	15.41
EV / FCF	-38.13

Financial Position

The company has a current ratio of 1.63, with a Debt / Equity ratio of 0.28.

Current Ratio	1.63
Quick Ratio	1.63
Debt / Equity	0.28
Debt / EBITDA	0.99
Debt / FCF	-3.94
Interest Coverage	10.28

Financial Efficiency

Return on equity (ROE) is 13.29% and return on invested capital (ROIC) is 9.21%.

Return on Equity (ROE)	13.29%
Return on Assets (ROA)	8.66%
Return on Invested Capital (ROIC)	9.21%
Return on Capital Employed (ROCE)	13.06%
Revenue Per Employee	5.34M
Profits Per Employee	2.15M
Employee Count	60
Asset Turnover	0.25
Inventory Turnover	n/a

Taxes

In the past 12 months, TSX:FRU has paid 39.13 million in taxes.

Income Tax	39.13M
Effective Tax Rate	23.30%

Stock Price Statistics

The stock price has increased by +8.33% in the last 52 weeks. The beta is 0.95, so TSX:FRU's price volatility has been similar to the market average.

Beta (5Y)	0.95
52-Week Price Change	+8.33%
50-Day Moving Average	14.00
200-Day Moving Average	12.97
Relative Strength Index (RSI)	72.42
Average Volume (20 Days)	644,819

Short Selling Information

The latest short interest is 2.34 million, so 1.55% of the outstanding shares have been sold short.

Short Interest	2.34M
Short Previous Month	2.18M
Short % of Shares Out	1.55%
Short % of Float	1.87%
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, TSX:FRU had revenue of CAD 320.56 million and earned 128.82 million in profits. Earnings per share was 0.79.

Revenue	320.56M
Gross Profit	308.83M
Operating Income	179.07M
Pretax Income	167.95M
Net Income	128.82M
EBITDA	288.39M
EBIT	179.07M
Earnings Per Share (EPS)	0.79

Balance Sheet

Cash & Cash Equivalents	n/a
Total Debt	284.87M
Net Cash	-284.87M
Net Cash Per Share	-1.74
Equity (Book Value)	1.03B
Book Value Per Share	6.31
Working Capital	20.29M

Cash Flow

In the last 12 months, operating cash flow was 239.48 million and capital expenditures -311.85 million, giving a free cash flow of -72.37 million.

Operating Cash Flow	239.48M
Capital Expenditures	-311.85M
Free Cash Flow	-72.37M
FCF Per Share	-0.44

Margins

Gross margin is 96.34%, with operating and profit margins of 55.86% and 40.19%.

Gross Margin	96.34%
Operating Margin	55.86%
Pretax Margin	52.39%
Profit Margin	40.19%
EBITDA Margin	89.96%
EBIT Margin	55.86%
FCF Margin	n/a

Dividends & Yields

This stock pays an annual dividend of 1.08, which amounts to a dividend yield of 7.16%.

Dividend Per Share	1.08
Dividend Yield	7.16%
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	134.68%
Buyback Yield	-6.67%
Shareholder Yield	0.43%
Earnings Yield	5.21%
FCF Yield	-2.92%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

TSX:FRU has an Altman Z-Score of 3.42 and a Piotroski F-Score of 4.

Altman Z-Score	3.42
Piotroski F-Score	4