FRP Holdings, Inc. (FRPH) Financial Ratios
30 years of historical data (1995–2024) · Real Estate · Real Estate - Services
EV/EBITDA
↓
19.62
↓-38% vs avg
5yr avg: 31.67
30Y Low2.7·High79.5
P/FCF
↓
13.91
↓-85% vs avg
5yr avg: 93.03
30Y Low1.6·High99.9
P/B Ratio
↑
0.85
↓-30% vs avg
5yr avg: 1.23
30Y Low0.3·High1.9
ROE
↓
1.4%
↑-50% vs avg
5yr avg: 2.8%
30Y Low1%·High38%
Debt/EBITDA
↑
8.10
↓-10% vs avg
5yr avg: 8.98
30Y Low1.4·High16.9
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
FRPH Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
FRP Holdings, Inc. trades at 62.1x earnings, 16% below its 5-year average of 73.7x, sitting at the 90th percentile of its historical range. Compared to the Real Estate sector median P/E of 24.3x, the stock trades at a premium of 155%. On a free-cash-flow basis, the stock trades at 13.9x P/FCF, 85% below the 5-year average of 93.0x.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $403M | $581M | $595M | $508M | $543M | $438M | $495M | $465M | $444M | $374M | $296M |
| Enterprise Value | $433M | $611M | $616M | $509M | $560M | $454M | $557M | $531M | $558M | $415M | $344M |
| P/E Ratio → | 62.06 | 90.09 | 112.29 | 112.21 | 19.27 | 34.52 | 30.38 | 3.74 | 10.64 | 30.90 | 35.88 |
| P/S Ratio | 9.65 | 13.91 | 14.33 | 13.56 | 17.40 | 18.56 | 20.82 | 21.12 | 10.29 | 9.97 | 8.55 |
| P/B Ratio | 0.85 | 1.24 | 1.33 | 1.14 | 1.28 | 1.14 | 1.26 | 1.21 | 1.68 | 1.88 | 1.62 |
| P/FCF | 13.91 | 20.05 | 18.04 | 7.10 | 10.40 | 409.53 | 10.28 | 1.59 | 99.88 | — | 27.60 |
| P/OCF | 13.91 | 20.05 | 18.04 | 22.75 | 24.42 | 23.52 | 10.52 | — | 21.10 | 19.16 | 17.19 |
P/E links to full P/E history page with 30-year chart
FRPH EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
FRP Holdings, Inc.'s enterprise value stands at 19.6x EBITDA, 38% below its 5-year average of 31.7x. The Real Estate sector median is 16.7x, placing the stock at a 17% premium on an enterprise-value basis.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 14.63 | 14.84 | 13.59 | 17.94 | 19.24 | 23.44 | 24.12 | 12.92 | 11.07 | 9.94 |
| EV / EBITDA | 19.62 | 27.67 | 27.17 | 26.17 | 36.80 | 40.56 | 46.74 | 21.15 | 79.52 | 16.96 | 17.47 |
| EV / EBIT | 37.03 | 52.53 | 57.51 | 59.06 | 10.63 | 28.30 | 43.37 | 115.85 | 9.36 | 27.97 | 28.70 |
| EV / FCF | — | 21.09 | 18.68 | 7.12 | 10.73 | 424.36 | 11.57 | 1.82 | 125.46 | — | 32.09 |
FRPH Profitability
Margins and return-on-capital ratios measuring operating efficiency
FRP Holdings, Inc. earns an operating margin of 28.0%, above the Real Estate sector average of 25.0%. Operating margins have expanded from 21.3% to 28.0% over the past 3 years, signaling improving operational efficiency. ROE of 1.4% is modest. ROIC of 1.8% represents below-average returns on invested capital.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 91.8% | 91.8% | 91.2% | 89.0% | 88.0% | 88.0% | 87.6% | 88.1% | 88.4% | 88.1% | 87.2% |
| Operating Margin | 28.0% | 28.0% | 28.2% | 21.3% | 7.3% | 21.8% | 24.2% | 8.9% | 2.4% | 43.7% | 35.2% |
| Net Profit Margin | 15.3% | 15.3% | 12.8% | 12.2% | 90.4% | 53.9% | 68.1% | 565.2% | 96.7% | 32.1% | 23.9% |
Return on Capital
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 1.4% | 1.4% | 1.2% | 1.1% | 7.0% | 3.3% | 4.2% | 38.4% | 18.0% | 6.3% | 4.3% |
| ROA | 0.9% | 0.9% | 0.8% | 0.7% | 4.6% | 2.4% | 3.1% | 26.9% | 12.2% | 4.6% | 2.9% |
| ROIC | 1.8% | 1.8% | 1.9% | 1.4% | 0.4% | 0.9% | 1.0% | 0.4% | 0.3% | 5.2% | 3.7% |
| ROCE | 1.7% | 1.7% | 1.7% | 1.2% | 0.4% | 1.0% | 1.1% | 0.4% | 0.3% | 6.8% | 4.6% |
FRPH Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
FRP Holdings, Inc. carries a Debt/EBITDA ratio of 8.1x, which is highly leveraged (roughly in line with the sector average of 7.8x). Net debt stands at $30M ($179M total debt minus $149M cash). Interest coverage of 3.7x is adequate, though a cyclical earnings downturn could tighten the margin of safety.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.38 | 0.38 | 0.40 | 0.40 | 0.42 | 0.24 | 0.23 | 0.23 | 0.45 | 0.21 | 0.27 |
| Debt / EBITDA | 8.10 | 8.10 | 7.88 | 9.18 | 11.72 | 8.04 | 7.46 | 3.53 | 16.86 | 1.68 | 2.47 |
| Net Debt / Equity | — | 0.06 | 0.05 | 0.00 | 0.04 | 0.04 | 0.16 | 0.17 | 0.43 | 0.21 | 0.26 |
| Net Debt / EBITDA | 1.37 | 1.37 | 0.93 | 0.05 | 1.11 | 1.42 | 5.23 | 2.64 | 16.21 | 1.68 | 2.45 |
| Debt / FCF | — | 1.04 | 0.64 | 0.01 | 0.32 | 14.84 | 1.30 | 0.23 | 25.58 | — | 4.50 |
| Interest Coverage | 3.72 | 3.72 | 2.71 | 2.63 | 0.99 | 4.67 | 5.46 | 0.63 | 0.38 | 10.50 | 6.05 |
FRPH Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
FRP Holdings, Inc.'s current ratio of 15.45x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The current ratio has declined from 25.34x to 15.45x over the past 3 years.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 15.45 | 15.45 | 15.93 | 25.34 | 23.18 | — | 40.90 | 51.53 | 1.33 | 0.31 | 0.65 |
| Quick Ratio | 15.45 | 15.45 | 15.93 | 25.34 | 23.18 | — | 40.90 | 51.53 | 1.33 | 0.31 | 0.65 |
| Cash Ratio | 15.04 | 15.04 | 15.55 | 24.94 | 22.73 | — | 40.58 | 47.98 | 0.46 | — | 0.02 |
| Asset Turnover | — | 0.06 | 0.06 | 0.05 | 0.05 | 0.04 | 0.04 | 0.04 | 0.10 | 0.14 | 0.14 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
FRPH Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
FRP Holdings, Inc. does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business. The earnings yield of 1.6% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 1.6% | 1.1% | 0.9% | 0.9% | 5.2% | 2.9% | 3.3% | 26.8% | 9.4% | 3.2% | 2.8% |
| FCF Yield | 7.2% | 5.0% | 5.5% | 14.1% | 9.6% | 0.2% | 9.7% | 62.7% | 1.0% | — | 3.6% |
| Buyback Yield | 0.0% | 0.0% | 0.3% | 0.0% | 0.0% | 4.9% | 1.7% | 1.2% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 0.0% | 0.0% | 0.3% | 0.0% | 0.0% | 4.9% | 1.7% | 1.2% | 0.0% | 0.0% | 0.0% |
| Shares Outstanding | — | $19M | $19M | $19M | $19M | $19M | $20M | $20M | $20M | $20M | $20M |
Peer Comparison
Compare FRPH with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 FRPHYou | $403M | 62.1 | 19.6 | 13.9 | 91.8% | 28.0% | 1.4% | 1.8% | 8.1 |
 PINE | $279M | -88.5 | 14.6 | — | -10.9% | 30.5% | -0.9% | 2.2% | 8.6 |
 STRW | $167M | 22.4 | 8.3 | 4.7 | 87.0% | 52.4% | 6.3% | 7.2% | 7.0 |
 ILPT | $524M | -7.9 | 14.6 | 8.6 | 12.6% | 33.0% | -6.9% | 2.2% | 13.5 |
 GMRE | $94M | 115.3 | 8.3 | — | 78.9% | 23.6% | 1.1% | 2.0% | 7.4 |
 NXRT | $758M | -23.7 | 18.6 | 9.1 | 84.3% | 11.1% | -8.9% | 1.1% | 12.6 |
 EGP | $11B | 41.7 | 25.1 | 26.9 | 43.3% | 39.9% | 7.6% | 4.3% | 3.5 |
 STAG | $7B | 26.4 | 17.2 | 18.3 | 61.3% | 37.7% | 7.6% | 3.5% | 5.3 |
 PLD | $133B | 35.6 | 23.3 | 27.0 | 74.9% | 53.8% | 6.4% | 3.8% | 4.5 |
 FR | $8B | 33.4 | 21.9 | 72.1 | 22.6% | 42.3% | 9.0% | 4.5% | 5.2 |
 NNN | $9B | 21.6 | 15.9 | 12.8 | 38.0% | 61.5% | 8.9% | 4.8% | 5.8 |
| Real Estate Median | — | 24.3 | 16.7 | 15.7 | 50.7% | 25.0% | 3.5% | 2.6% | 7.8 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Start ComparisonFRPH — Frequently Asked Questions
Quick answers to the most common questions about buying FRPH stock.
What is FRP Holdings, Inc.'s P/E ratio?
FRP Holdings, Inc.'s current P/E ratio is 62.1x. The historical average is 23.7x. This places it at the 90th percentile of its historical range.
What is FRP Holdings, Inc.'s EV/EBITDA?
FRP Holdings, Inc.'s current EV/EBITDA is 19.6x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 15.0x.
What is FRP Holdings, Inc.'s ROE?
FRP Holdings, Inc.'s return on equity (ROE) is 1.4%. The historical average is 7.5%.
Is FRPH stock overvalued?
Based on historical data, FRP Holdings, Inc. is trading at a P/E of 62.1x. This is at the 90th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What are FRP Holdings, Inc.'s profit margins?
FRP Holdings, Inc. has 91.8% gross margin and 28.0% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does FRP Holdings, Inc. have?
FRP Holdings, Inc.'s Debt/EBITDA ratio is 8.1x, indicating high leverage. A ratio above 4x may signal elevated financial risk.