Farmland Partners Statistics
Total Valuation
FPI has a market cap or net worth of $603.80 million. The enterprise value is $987.39 million.
Important Dates
The last earnings date was Wednesday, October 30, 2024, after market close.
| Earnings Date | Oct 30, 2024 |
| Ex-Dividend Date | Jan 2, 2025 |
Share Statistics
FPI has 49.01 million shares outstanding. The number of shares has increased by 7.69% in one year.
| Current Share Class | 47.81M |
| Shares Outstanding | 49.01M |
| Shares Change (YoY) | +7.69% |
| Shares Change (QoQ) | +0.09% |
| Owned by Insiders (%) | 9.75% |
| Owned by Institutions (%) | 63.67% |
| Float | 43.14M |
Valuation Ratios
The trailing PE ratio is 38.34 and the forward PE ratio is 12.57.
| Price/FFO Ratio | 50.54 |
| Price/AFFO Ratio | n/a |
| PE Ratio | 38.34 |
| Forward PE | 12.57 |
| PS Ratio | 10.07 |
| Forward PS | 12.20 |
| PB Ratio | 1.16 |
| P/TBV Ratio | 1.20 |
| P/FCF Ratio | 69.54 |
| P/OCF Ratio | 69.54 |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
The stock's EV/EBITDA ratio is 29.53, with an EV/FCF ratio of 113.72.
| EV / Earnings | 64.33 |
| EV / Sales | 16.89 |
| EV / EBITDA | 29.53 |
| EV / EBIT | 35.88 |
| EV / FCF | 113.72 |
Financial Position
The company has a current ratio of 1.00, with a Debt / Equity ratio of 0.63.
| Current Ratio | 1.00 |
| Quick Ratio | 0.46 |
| Debt / Equity | 0.63 |
| Debt / EBITDA | 11.66 |
| Debt / FCF | 45.20 |
| Interest Coverage | 1.28 |
Financial Efficiency
Return on equity (ROE) is 3.03% and return on invested capital (ROIC) is 1.67%.
| Return on Equity (ROE) | 3.03% |
| Return on Assets (ROA) | 1.64% |
| Return on Capital (ROIC) | 1.67% |
| Revenue Per Employee | $2.25M |
| Profits Per Employee | $590,308 |
| Employee Count | 26 |
| Asset Turnover | 0.06 |
| Inventory Turnover | 4.16 |
Taxes
In the past 12 months, FPI has paid $41,000 in taxes.
| Income Tax | 41,000 |
| Effective Tax Rate | 0.22% |
Stock Price Statistics
The stock price has decreased by -4.64% in the last 52 weeks. The beta is 0.71, so FPI's price volatility has been lower than the market average.
| Beta (5Y) | 0.71 |
| 52-Week Price Change | -4.64% |
| 50-Day Moving Average | 11.94 |
| 200-Day Moving Average | 11.08 |
| Relative Strength Index (RSI) | 51.74 |
| Average Volume (20 Days) | 351,374 |
Short Selling Information
The latest short interest is 3.55 million, so 7.24% of the outstanding shares have been sold short.
| Short Interest | 3.55M |
| Short Previous Month | 3.41M |
| Short % of Shares Out | 7.24% |
| Short % of Float | 8.22% |
| Short Ratio (days to cover) | 8.88 |
Income Statement
In the last 12 months, FPI had revenue of $58.47 million and earned $15.35 million in profits. Earnings per share was $0.32.
| Revenue | 58.47M |
| Gross Profit | 45.89M |
| Operating Income | 27.52M |
| Pretax Income | 20.74M |
| Net Income | 15.35M |
| EBITDA | 33.44M |
| EBIT | 27.52M |
| Earnings Per Share (EPS) | $0.32 |
Full Income StatementBalance Sheet
The company has $8.90 million in cash and $392.49 million in debt, giving a net cash position of -$383.59 million or -$7.83 per share.
| Cash & Cash Equivalents | 8.90M |
| Total Debt | 392.49M |
| Net Cash | -383.59M |
| Net Cash Per Share | -$7.83 |
| Equity (Book Value) | 620.64M |
| Book Value Per Share | 10.60 |
| Working Capital | 166,000 |
Full Balance SheetCash Flow
| Operating Cash Flow | 8.68M |
| Capital Expenditures | n/a |
| Free Cash Flow | 8.68M |
| FCF Per Share | $0.18 |
Full Cash Flow StatementMargins
Gross margin is 78.48%, with operating and profit margins of 47.07% and 31.61%.
| Gross Margin | 78.48% |
| Operating Margin | 47.07% |
| Pretax Margin | 32.48% |
| Profit Margin | 31.61% |
| EBITDA Margin | 57.20% |
| EBIT Margin | 47.07% |
| FCF Margin | 14.85% |