Unlock Premium for Just $9.99/Month – Special Launch Offer, Limited Time Only Get Premium

FPI Farmland Partners Inc

Price (delayed)

$10.12

Market cap

$465.42M

P/E Ratio

8.43

Dividend/share

$1.39

EPS

$1.2

Enterprise value

$645.73M

Farmland Partners Inc. is an internally managed real estate company that owns and seeks to acquire high-quality North American farmland and makes loans to farmers secured by farm real estate. ...

Highlights
Farmland Partners's EPS has soared by 118% YoY
Farmland Partners's net income has soared by 98% YoY
FPI's gross profit is down by 3.3% QoQ but it is up by 2.8% YoY
The company's equity fell by 7% YoY
The revenue has contracted by 3% from the previous quarter

Key stats

What are the main financial stats of FPI
Market
Shares outstanding
45.99M
Market cap
$465.42M
Enterprise value
$645.73M
Valuations
Price to earnings (P/E)
8.43
Price to book (P/B)
0.97
Price to sales (P/S)
8.17
EV/EBIT
8.38
EV/EBITDA
7.85
EV/Sales
11.43
Earnings
Revenue
$56.49M
Gross profit
$45.38M
Operating income
$23.39M
Net income
$60.58M
EBIT
$77.01M
EBITDA
$82.29M
Free cash flow
$329.45M
Per share
EPS
$1.2
EPS diluted
$1.07
Free cash flow per share
$7.23
Book value per share
$10.45
Revenue per share
$1.24
TBVPS
$17.69
Balance sheet
Total assets
$810.47M
Total liabilities
$218.52M
Debt
$201.97M
Equity
$479.59M
Working capital
N/A
Liquidity
Debt to equity
0.42
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
2.19
Margins
EBITDA margin
145.7%
Gross margin
80.3%
Net margin
107.2%
Operating margin
41.4%
Efficiency
Return on assets
6.1%
Return on equity
11.6%
Return on invested capital
6.4%
Return on capital employed
N/A
Return on sales
136.3%
Dividend
Dividend yield
13.74%
DPS
$1.39
Payout ratio
116.8%

FPI stock price

How has the Farmland Partners stock price performed over time
Intraday
1.3%
1 week
-2.5%
1 month
-1.36%
1 year
-9.16%
YTD
-13.95%
QTD
-9.24%

Financial performance

How have Farmland Partners's revenue and profit performed over time
Revenue
$56.49M
Gross profit
$45.38M
Operating income
$23.39M
Net income
$60.58M
Gross margin
80.3%
Net margin
107.2%
FPI's net margin has soared by 99% YoY and by 4.2% QoQ
Farmland Partners's net income has soared by 98% YoY
The operating margin has grown by 29% YoY but it has contracted by 2.4% from the previous quarter
FPI's operating income is up by 28% YoY but it is down by 5% QoQ

Price vs fundamentals

How does FPI's price correlate with its fundamentals

Growth

What is Farmland Partners's growth rate over time

Valuation

What is Farmland Partners stock price valuation
P/E
8.43
P/B
0.97
P/S
8.17
EV/EBIT
8.38
EV/EBITDA
7.85
EV/Sales
11.43
Farmland Partners's EPS has soared by 118% YoY
The stock's price to earnings (P/E) is 61% less than its last 4 quarters average of 21.7
The P/B is 12% below the 5-year quarterly average of 1.1 and 12% below the last 4 quarters average of 1.1
The company's equity fell by 7% YoY
The P/S is 11% lower than the last 4 quarters average of 9.2 and 6% lower than the 5-year quarterly average of 8.7
The revenue has contracted by 3% from the previous quarter

Efficiency

How efficient is Farmland Partners business performance
FPI's ROA has soared by 135% YoY and by 7% from the previous quarter
FPI's return on equity has surged by 119% year-on-year and by 3.6% since the previous quarter
The return on invested capital has surged by 78% year-on-year and by 7% since the previous quarter
Farmland Partners's ROS has increased by 45% YoY

Dividends

What is FPI's dividend history
DPS
$1.39
Dividend yield
13.74%
Payout ratio
116.8%
Recent dividends

Special dividends are included in TTM DPS and yield

Financial health

How did Farmland Partners financials performed over time
The total liabilities has contracted by 46% YoY and by 20% from the previous quarter
FPI's total assets is down by 21% year-on-year and by 7% since the previous quarter
FPI's debt is 58% lower than its equity
FPI's debt is down by 47% YoY
The debt to equity has declined by 43% year-on-year

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.