Farmland Partners Statistics
Total Valuation
FPI has a market cap or net worth of $595.72 million. The enterprise value is $1.08 billion.
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 (%) | 60.99% |
Float | 43.14M |
Valuation Ratios
The trailing PE ratio is 37.80 and the forward PE ratio is 607.25.
Price/FFO Ratio | n/a |
Price/AFFO Ratio | n/a |
PE Ratio | 37.80 |
Forward PE | 607.25 |
PS Ratio | 9.94 |
Forward PS | n/a |
PB Ratio | 1.15 |
P/TBV Ratio | 1.19 |
P/FCF Ratio | 68.69 |
P/OCF Ratio | 68.69 |
PEG Ratio | n/a |
Financial Ratio History Enterprise Valuation
The stock's EV/EBITDA ratio is 32.28, with an EV/FCF ratio of 124.30.
EV / Earnings | 70.32 |
EV / Sales | 18.46 |
EV / EBITDA | 32.28 |
EV / EBIT | 39.22 |
EV / FCF | 124.30 |
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 increased by +7.97% in the last 52 weeks. The beta is 0.70, so FPI's price volatility has been lower than the market average.
Beta (5Y) | 0.70 |
52-Week Price Change | +7.97% |
50-Day Moving Average | 10.97 |
200-Day Moving Average | 10.92 |
Relative Strength Index (RSI) | 66.64 |
Average Volume (20 Days) | 320,014 |
Short Selling Information
The latest short interest is 3.41 million, so 6.96% of the outstanding shares have been sold short.
Short Interest | 3.41M |
Short Previous Month | 3.51M |
Short % of Shares Out | 6.96% |
Short % of Float | 7.90% |
Short Ratio (days to cover) | 12.63 |
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 Statement Balance 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 Sheet Cash Flow
Operating Cash Flow | 8.68M |
Capital Expenditures | n/a |
Free Cash Flow | 8.68M |
FCF Per Share | $0.18 |
Full Cash Flow Statement Margins
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 | 266.14% |