Firm Capital Property Trust

Firm Capital Property Trust

FRMUF
Firm Capital Property TrustUS flagOther OTC
4.93
USD
- -
- -
182.22MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.98
1.1
1.14
1.28
1.42
1.26
1.18
1.52
1.37
1.46
1.56
1.64
1.67
1.68
Basic EPS, GAAP
0.68
0.53
0.82
0.63
1.19
0.9
1.17
0.54
1.72
-0.03
0.42
0.92
0.7
0.69
Free Cash Flow per Basic Share
0.59
0.55
0.58
0.66
0.67
0.55
0.73
0.76
0.78
0.81
0.78
0.93
0.9
0.89
Dividend per Share
0.29
0.29
0.34
0.4
0.41
0.43
0.37
0.51
0.47
0.5
0.52
0.52
0.52
0.52
Book Value per Share
5.25
5.42
5.88
6.11
6.85
7.09
7.47
7.61
8.7
7.99
7.9
8.3
8.47
8.46
Tangible Book Value per Share
5.25
5.42
5.88
6.11
6.85
7.09
7.47
7.61
8.7
7.99
7.9
8.3
8.47
8.46
Basic Weighted Avg Shares
6
9
11
13
14
18
31
29
34
37
37
37
37
37
Sales/Revenue/Turnover
6
10
13
16
19
22
36
45
46
54
58
61
62
62
Operating Margin (%)
49.64
50.59
49.28
46.8
48.84
50.25
51.98
55.57
47.82
58.07
56.5
53.76
51.8
52.05
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
4
5
9
8
16
16
36
16
58
-1
15
34
26
25
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
69.31
48.41
72.28
48.95
84.01
71.75
98.8
35.55
125.75
-2.19
26.72
55.94
41.75
41.16
Working Capital
-3
-2
-11
-5
-36
-7
-43
-15
-44
-85
-114
-38
-60
-79
LT Debt
27
41
47
80
71
81
185
209
222
234
206
287
258
240
Total Equity
30
48
67
77
93
124
229
223
296
297
292
306
313
312
Return on Invested Capital (%)
5.94
6.49
5.77
5.23
5.25
5.34
5.5
5.28
4.3
- -
5.2
5.14
5.02
5.08
Return on Capital (%)
9.86
8.05
10.12
7.04
10.52
9.18
12.64
5.15
12.93
- -
4.69
7.53
6.26
6.22
Return on Common Equity (%)
15.07
12.16
16.29
11.02
19.03
14.55
20.21
7
22.48
-0.4
5.23
11.33
8.31
8.24

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
52
61
82
LT Borrowings
267
258
240
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
37
37
37
Market Capitalization
223
227
225

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
14
13
13
Cash, Cash Equivalents & STI
6
6
4
Accounts Receivable, Net
2
2
2
Inventories
- -
- -
- -
Total Current Liabilities
62
72
92
Payables & Accruals
8
8
7
ST Debt
52
61
82
Deferred Revenue
1
1
1

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
18.89%
7.63%
2.13%
Free Cash Flow
21.62%
8.75%
-3.59%
Net Income, GAAP
-97.85%
-226.89%
-24.11%
Sales/Revenue/Turnover
17.92%
6.82%
1.69%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
15
15
15
16
61
2025
16
15
15
16
62
2026
16
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.27
0.24
0.25
- -
0.92
2025
0.12
0.12
0.12
- -
0.7
2026
0.11
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.13
0.13
0.13
- -
0.52
2025
0.13
0.13
0.13
- -
0.52
2026
0.13
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Robert McKee
Full Time Employees
1
Sector
Real Estate
Industry
REIT - Diversified
Address
163 Cartwright Avenue Toronto ON Canada M6A 1V5
IPO Date
Jan 31, 2019
Business
Firm Capital Property Trust (TSX: FCD.UN; OTC: FRMUF) is a Canada-based open-ended real estate investment trust focused on creating long-term value for unitholders through capital preservation, disciplined investing, and stable distributable income. The Trust owns and co-owns a diversified portfolio of income-producing properties including multi-residential, flex industrial, net lease convenience retail, grocery-anchored retail, and core service provider professional space; it pursues standalone accretive acquisitions, joint ventures with strong financial partners, and partial interest purchases from existing ownership groups to provide liquidity and professional management. Headquartered in Toronto, Ontario, the Trust operates primarily in Canada with properties across key markets and is externally asset and property managed by Firm Capital Realty Partners Inc.; it pays monthly distributions of approximately $0.04333 per unit (annualized $0.52) with a distribution reinvestment plan available to eligible unitholders. Recent developments include the announcement of third quarter 2025 financial results showing adjusted funds from operations of $4.6 million and an improved AFFO payout ratio; a normal course issuer bid authorizing repurchase of up to 10% of public float from July 2024 through July 2025; positive amendments to financing arrangements in 2025; the sale of a 50% interest in a 159,470 square foot industrial building in Montreal for $27.9 million in March 2025; and successful refinancing of multiple retail properties in 2024 alongside accretive trust unit repurchases via NCIB.

Company News

APIChatGPT
  • Firm Capital Property Trust Announces Results of Annual Meeting of Unitholders

  • Firm Capital Property Trust Announces Completion of Competition Bureau of Canada Inquiry Regarding Acquisition of 50% Interests in Ten Manufactured Home Communities for $218 Million

  • Firm Capital Property Trust Files (Final) Base Shelf Prospectus

  • Firm Capital Property Trust Files Preliminary Base Shelf Prospectus

  • Firm Capital Property Trust Reports Q1/2026 Results

  • Firm Capital Property Trust Closes $8.5 Million MHC Acquisition, Advances $218 Million Portfolio Transaction

  • Firm Capital Property Trust Correction to News Release Dated April 6, 2026

  • Firm Capital Property Trust Announces Transformational Accretive Acquisitions of 50% Interests in Eleven Manufactured Home Communities for $227 Million

  • Firm Capital Property Trust (OTCMKTS:FRMUF) Shares Down 0.1% – Here’s What Happened

  • Firm Capital Property Trust Reports Q2/2025 and YTD Results

  • Firm Capital Property Trust Announces Results of Annual Meeting of Unitholders

  • Firm Capital Property Trust Announces Closing of Previously Announced Sale of Its 50% Interest in a 159,470 Square Foot Industrial Building Located in Montreal for $27.9 Million

  • Firm Capital Property Trust Reports Q1/2025 Results

  • Firm Capital Property Trust Reports Q4/2024 Results

  • Firm Capital Property Trust Announces the Sale of Its 50% Interest in a 159,470 Square Foot Industrial Building Located in Montreal for $27.9 Million

  • Firm Capital Property Trust Reports Q3/2024 Results

  • Firm Capital Property Trust Reports Q2/2024 Results

  • Firm Capital Property Trust Announces Normal Course Issuer Bid

  • Firm Capital Property Trust Announces Results of Annual Meeting of Unitholders

  • Firm Capital Property Trust Reports Q1/2024 Results