📊 FRPH Key Takeaways
Is Frp Holdings, Inc.. (FRPH) a Good Investment?
FRP Holdings exhibits deteriorating operational performance with net income declining 54.1% YoY to negative $687K, while burning negative free cash flow of $3.8M despite positive operations. Critical debt service coverage at 0.6x indicates the company cannot cover interest expenses from operating income, combined with tight liquidity ratios (current ratio 1.01x, quick ratio 0.96x) suggesting potential financial stress.
FRP Holdings shows solid underlying asset-backed financial health, with strong gross margins, manageable leverage, and ample cash supporting its real estate platform. However, growth quality is mixed because revenue is nearly flat, net income declined slightly, returns on equity and assets are very low, and free cash flow is negative due to heavy capital spending. The fundamentals suggest a stable but not yet compelling operating profile until invested capital translates into stronger earnings and cash generation.
Frp Holdings, Inc.. Key Strengths (FRPH)
- Substantial asset base of $750.4M with moderate leverage at 0.48x debt-to-equity ratio
- Strong cash position of $107.9M providing near-term runway
- Positive operating cash flow of $9.7M from core operations
- Stockholders equity of $428.2M with reasonable balance sheet structure
- Strong gross margin and positive operating profitability indicate healthy property-level economics
- Large cash balance and moderate debt load provide balance sheet flexibility
- Interest coverage remains adequate, reducing near-term financial stress despite ongoing investment
FRPH Stock Risks: Frp Holdings, Inc.. Investment Risks
- Interest coverage ratio of 0.6x is critical—company cannot service debt from operating income
- Free cash flow negative $3.8M while capex ($13.4M) exceeds operating cash generation
- Net profitability declining sharply (net margin -6.5%, ROE -0.2%) with trend deteriorating YoY
- Liquidity ratios deteriorating (current 1.01x, quick 0.96x) limiting financial flexibility
- Revenue growth anemic at 2.6% insufficient to offset rising leverage burden
- Very low ROE and ROA suggest weak earnings efficiency relative to the asset base
- Negative free cash flow indicates current growth is consuming cash rather than generating it
- Current and quick ratios near 1.0x leave limited liquidity cushion if development spending or leasing conditions worsen
Key Metrics to Watch
- Free cash flow trend and whether it returns to positive
- Interest coverage ratio movement toward 1.0x minimum threshold
- Operating income sustainability as it currently funds debt service gap
- Cash balance depletion rate if negative FCF persists
- Free cash flow trend relative to capital expenditures
- ROE improvement alongside revenue and operating income growth
Frp Holdings, Inc.. (FRPH) Financial Metrics & Key Ratios
💡 AI Analyst Insight
Frp Holdings, Inc.. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.
FRPH Profit Margin, ROE & Profitability Analysis
FRPH vs Real Estate Sector: How Frp Holdings, Inc.. Compares
How Frp Holdings, Inc.. compares to Real Estate sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Frp Holdings, Inc.. Stock Overvalued? FRPH Valuation Analysis 2026
Based on fundamental analysis, Frp Holdings, Inc.. has mixed fundamental signals relative to the Real Estate sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Frp Holdings, Inc.. Balance Sheet: FRPH Debt, Cash & Liquidity
FRPH Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Frp Holdings, Inc..'s revenue has grown significantly by 37% over the 5-year period, indicating strong business expansion. The most recent EPS of $0.28 reflects profitable operations.
FRPH Revenue Growth, EPS Growth & YoY Performance
FRPH Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $10.3M | -$687.0K | $-0.04 |
| Q3 2025 | $10.6M | $662.0K | $0.03 |
| Q2 2025 | $10.5M | $578.0K | $0.03 |
| Q1 2025 | $10.1M | $1.3M | $0.07 |
| Q3 2024 | $10.6M | $1.3M | $0.07 |
| Q2 2024 | $10.5M | $598.0K | $0.03 |
| Q1 2024 | $10.1M | $565.0K | $0.03 |
| Q3 2023 | $9.3M | $480.0K | $0.05 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Frp Holdings, Inc.. Dividends, Buybacks & Capital Allocation
FRPH SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Frp Holdings, Inc.. (CIK: 0000844059)
📋 Recent SEC Filings
❓ Frequently Asked Questions about FRPH
What is the AI rating for FRPH?
Frp Holdings, Inc.. (FRPH) has a Combined AI Grade of C from Claude (C) and ChatGPT (B) with 76% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are FRPH's key strengths?
Claude: Substantial asset base of $750.4M with moderate leverage at 0.48x debt-to-equity ratio. Strong cash position of $107.9M providing near-term runway. ChatGPT: Strong gross margin and positive operating profitability indicate healthy property-level economics. Large cash balance and moderate debt load provide balance sheet flexibility.
What are the risks of investing in FRPH?
Claude: Interest coverage ratio of 0.6x is critical—company cannot service debt from operating income. Free cash flow negative $3.8M while capex ($13.4M) exceeds operating cash generation. ChatGPT: Very low ROE and ROA suggest weak earnings efficiency relative to the asset base. Negative free cash flow indicates current growth is consuming cash rather than generating it.
What is FRPH's revenue and growth?
Frp Holdings, Inc.. reported revenue of $10.6M.
Does FRPH pay dividends?
Frp Holdings, Inc.. pays dividends, with $1.1M distributed to shareholders in the trailing twelve months.
Where can I find FRPH SEC filings?
Official SEC filings for Frp Holdings, Inc.. (CIK: 0000844059) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is FRPH's EPS?
Frp Holdings, Inc.. has a diluted EPS of $-0.04.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.
What is FRPH's fundamental grade?
Based on our AI fundamental analysis in June 2026, Frp Holdings, Inc.. has a C grade with 76% confidence. Review the strengths and risks sections above for full context. This is not investment advice.
Is FRPH stock overvalued or undervalued?
Valuation metrics for FRPH: ROE of -0.2% (sector avg: 8%), net margin of -6.5% (sector avg: 20%). Compare these metrics with sector averages to assess valuation.
What is FRPH's AI grade for 2026?
Our dual AI analysis gives Frp Holdings, Inc.. a combined C grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is FRPH's free cash flow?
Frp Holdings, Inc..'s operating cash flow is $9.7M, with capital expenditures of $13.4M. FCF margin is -35.4%.
How does FRPH compare to other Real Estate stocks?
Vs Real Estate sector averages: Net margin -6.5% (avg: 20%), ROE -0.2% (avg: 8%), current ratio 1.01 (avg: 1.5).