Farmland Partners Inc.
New York Stock ExchangeTotal Valuation
Farmland Partners Inc. carries a market capitalization of 436.74M, placing it among publicly traded companies globally. Its enterprise value stands at 638.33M, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.
| Market Cap | 436.74M |
| Enterprise Value | 638.33M |
Share Statistics
Farmland Partners Inc. currently has 43.63M shares outstanding.
| Shares Outstanding | 43.63M |
| Owned by Insiders (%) | N/A |
| Owned by Institutions (%) | N/A |
Valuation Ratios
Farmland Partners Inc. trades at a trailing price-to-earnings ratio of 17.19. The price-to-sales ratio is 8.13, and the price-to-book ratio stands at 0.92.
| PE Ratio | 17.19 |
| PS Ratio | 8.13 |
| PB Ratio | 0.92 |
| P/TBV Ratio | 0.92 |
| P/FCF Ratio | 22.73 |
| P/OCF Ratio | 22.73 |
Enterprise Valuation
On an enterprise value basis, Farmland Partners Inc. trades at an EV/EBITDA multiple of 23.49 and an EV/FCF ratio of 22.18. The EV/Sales ratio of 12.40 reflects the premium investors are willing to pay for the company's revenue stream, while the EV/EBIT multiple of 27.17 provides insight into valuation relative to core operating earnings.
| EV / Sales | 12.40 |
| EV / EBITDA | 23.49 |
| EV / EBIT | 27.17 |
| EV / FCF | 22.18 |
Financial Position
Farmland Partners Inc. maintains a current ratio of 7.57, meaning it holds 7.6x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 48.44, indicating elevated leverage, while an interest coverage ratio of 2.62 demonstrates limited ability to service its debt obligations.
| Current Ratio | 7.57 |
| Quick Ratio | 7.33 |
| Debt / Equity | 48.44 |
| Debt / EBITDA | 8.25 |
| Interest Coverage | 2.62 |
Financial Efficiency
Farmland Partners Inc. posts a return on equity of 5.26 and a return on invested capital of 3.22.
| Return on Equity (ROE) | 5.26 |
| Return on Assets (ROA) | 3.48 |
| Return on Invested Capital (ROIC) | 3.22 |
| Return on Capital Employed (ROCE) | 4.89 |
| Revenue Per Employee | N/A |
| Employee Count | N/A |
| Inventory Turnover | 3.19 |
Taxes
Over the trailing twelve months, Farmland Partners Inc. has paid 7,000.00 in income taxes, reflecting an effective tax rate of 0.03.
| Income Tax | 7,000.00 |
| Effective Tax Rate | 0.03 |
Stock Price Statistics
Farmland Partners Inc.'s stock has declined approximately -7.82689% over the past 52 weeks. The 50-day moving average sits at 9.72, while the 200-day moving average is 10.56.
| Beta (5Y) | N/A |
| 52-Week Price Change | -7.82689% |
| 50-Day Moving Average | 9.72 |
| 200-Day Moving Average | 10.56 |
| Average Volume (20 Days) | N/A |
Income Statement
Over the trailing twelve months, Farmland Partners Inc. generated 51.47M in revenue and converted that into 25.65M in net income, yielding earnings per share of 0.60. EBITDA reached 27.18M, while operating income came in at 23.50M.
| Revenue | 51.47M |
| Gross Profit | 42.61M |
| Operating Income | 23.50M |
| Pretax Income | 26.07M |
| Net Income | 25.65M |
| EBITDA | 27.18M |
| EBIT | 23.50M |
| Earnings Per Share (EPS) | 0.60 |
Balance Sheet
Farmland Partners Inc. holds 11.42M in cash and equivalents against 224.31M in total debt, resulting in a net debt position of 212.47M. Total book value stands at 460.00M, with working capital of 81.26M providing operational flexibility.
| Cash & Cash Equivalents | 11.42M |
| Total Debt | 224.31M |
| Net Debt | 212.47M |
| Equity (Book Value) | 460.00M |
| Book Value Per Share | 10.54 |
| Working Capital | 81.26M |
Cash Flow
Farmland Partners Inc. produced 18.42M in operating cash flow over the past twelve months.
| Operating Cash Flow | 18.42M |
| Capital Expenditures | N/A |
| Free Cash Flow | 18.42M |
| FCF Per Share | 0.43 |
Margins
Farmland Partners Inc. operates with a gross margin of 82.80, reflecting its pricing power and cost economics. The operating margin of 45.66 and net profit margin of 49.85 provide insight into operational efficiency.
| Gross Margin | 82.80 |
| Operating Margin | 45.66 |
| Pretax Margin | 50.66 |
| Profit Margin | 49.85 |
| EBITDA Margin | 52.81 |
Dividends & Yields
The company's payout ratio of 86.02 indicates the proportion of earnings distributed to shareholders.
| Dividend Per Share | 0.53 |
| Dividend Yield | N/A |
| Payout Ratio | 86.02 |
| Shareholder Yield | 17.73 |
| FCF Yield | 4.40 |
Stock Splits
Farmland Partners Inc.'s most recent stock split took place on October 17, 2014 with a 4:1 split ratio.
| Last Split Date | 10/17/2014 |
| Split Ratio | 4:1 |
Scores
Farmland Partners Inc. posts an Altman Z-Score of 1.26, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.
| Altman Z-Score | 1.26 |