Farmland Partners Inc. (FPI)
Farmland Partners Statistics
Share Statistics
Farmland Partners has 45.99M shares outstanding. The number of shares has increased by -4.52% in one year.
| Shares Outstanding | 45.99M |
| Shares Change (YoY) | -4.52% |
| Shares Change (QoQ) | -4.53% |
| Owned by Institutions (%) | 60.39% |
| Shares Floating | n/a |
| Failed to Deliver (FTD) Shares | 1,056 |
| FTD / Avg. Volume | 0.26% |
Short Selling Information
The latest short interest is 2.71M, so 5.9% of the outstanding shares have been sold short.
| Short Interest | 2.71M |
| Short % of Shares Out | 5.9% |
| Short % of Float | 7.18% |
| Short Ratio (days to cover) | 6.62 |
Valuation Ratios
The PE ratio is 9.33 and the forward PE ratio is 83.75. Farmland Partners's PEG ratio is 0.08.
| PE Ratio | 9.33 |
| Forward PE | 83.75 |
| PS Ratio | 9.6 |
| Forward PS | 7.1 |
| PB Ratio | 1.13 |
| P/FCF Ratio | 34.64 |
| PEG Ratio | 0.08 |
Enterprise Valuation
Farmland Partners has an Enterprise Value (EV) of 684.58M.
| EV / Sales | 11.76 |
| EV / EBITDA | 7.97 |
| EV / EBIT | 42.41 |
| EV / FCF | 42.41 |
Financial Position
The company has a current ratio of 2, with a Debt / Equity ratio of 0.41.
| Current Ratio | 2 |
| Quick Ratio | 1.96 |
| Debt / Equity | 0.41 |
| Debt / EBITDA | 2.37 |
| Debt / FCF | 12.63 |
| Interest Coverage | 1.35 |
Financial Efficiency
Return on Equity is 12.11% and Return on Invested Capital is 3.2%.
| Return on Equity | 12.11% |
| Return on Assets | 6.9% |
| Return on Invested Capital | 3.2% |
| Revenue Per Employee | $2,531,565.22 |
| Profits Per Employee | $2,604,826.09 |
| Employee Count | 23 |
| Asset Turnover | 0.07 |
| Inventory Turnover | 4.25 |
Taxes
| Income Tax | -16K |
| Effective Tax Rate | -0.03% |
Stock Price Statistics
The stock price has increased by -9.53% in the last 52 weeks. The beta is 0.81, so Farmland Partners's price volatility has been higher than the market average.
| Beta | 0.81 |
| 52-Week Price Change | -9.53% |
| 50-Day Moving Average | 10.81 |
| 200-Day Moving Average | 11.14 |
| Relative Strength Index (RSI) | 41.39 |
| Average Volume (20 Days) | 406,367 |
Income Statement
In the last 12 months, Farmland Partners had revenue of 58.23M and earned 59.91M in profits. Earnings per share was 1.19.
| Revenue | 58.23M |
| Gross Profit | 46.92M |
| Operating Income | 25.5M |
| Net Income | 59.91M |
| EBITDA | 85.88M |
| EBIT | 80.29M |
| Earnings Per Share (EPS) | 1.19 |
Balance Sheet
The company has 78.44M in cash and 203.88M in debt, giving a net cash position of -125.44M.
| Cash & Cash Equivalents | 78.44M |
| Total Debt | 203.88M |
| Net Cash | -125.44M |
| Retained Earnings | -72.05M |
| Total Assets | 868.56M |
| Working Capital | 71.54M |
Cash Flow
In the last 12 months, operating cash flow was 16.14M and capital expenditures 0, giving a free cash flow of 16.14M.
| Operating Cash Flow | 16.14M |
| Capital Expenditures | n/a |
| Free Cash Flow | 16.14M |
| FCF Per Share | 0.34 |
Margins
Gross margin is 80.58%, with operating and profit margins of 43.8% and 102.89%.
| Gross Margin | 80.58% |
| Operating Margin | 43.8% |
| Pretax Margin | 105.51% |
| Profit Margin | 102.89% |
| EBITDA Margin | 147.49% |
| EBIT Margin | 43.8% |
| FCF Margin | 27.72% |
Dividends & Yields
FPI pays an annual dividend of $1.45, which amounts to a dividend yield of 12.48%.
| Dividend Per Share | $1.45 |
| Dividend Yield | 12.48% |
| Dividend Growth (YoY) | 0% |
| Payout Ratio | 136.79% |
| Earnings Yield | 10.71% |
| FCF Yield | 2.89% |
Analyst Forecast
Currently there are no analyst rating for FPI.
| Price Target | n/a |
| Price Target Difference | n/a |
| Analyst Consensus | n/a |
| Analyst Count | n/a |
Stock Splits
The last stock split was on Oct 17, 2014. It was a backward split with a ratio of 1:4.
| Last Split Date | Oct 17, 2014 |
| Split Type | backward |
| Split Ratio | 1:4 |
Scores
| Altman Z-Score | 1.38 |
| Piotroski F-Score | 8 |