First Capital Financials

FCR-UN Stock  CAD 17.94  0.09  0.50%   
You can exercise fundamental analysis to find out if First Capital Real is mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We were able to interpolate data for thirty-seven available fundamental indicators for First Capital Real, which can be compared to its peers. The stock experiences a moderate upward volatility. Check odds of First Capital to be traded at C$19.73 in 90 days. Key indicators impacting First Capital's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio1.511.0378
Way Up
Pretty Stable
Operating Income253.4 M447.1 M
Way Down
Slightly volatile
Current Ratio0.780.8125
Sufficiently Down
Pretty Stable
  
Understanding current and past First Capital Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of First Capital's financial statements are interrelated, with each one affecting the others. For example, an increase in First Capital's assets may result in an increase in income on the income statement.
Please note, the presentation of First Capital's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, First Capital's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of First Capital's management manipulating its earnings.

First Capital Stock Summary

First Capital competes with Slate Office, Automotive Properties, BTB Real, CT Real, and Choice Properties. First Capital is a leading developer, owner and manager of mixed-use real estate located in Canadas most densely populated cities. First Capitals focus is on creating thriving urban neighbourhoods to generate value for businesses, residents, communities and our investors. FIRST CAPITAL operates under REITRetail classification in Canada and is traded on Toronto Stock Exchange. It employs 361 people.
Specialization
Real Estate, Equity Real Estate Investment Trusts (REITs)
InstrumentCanada Stock View All
ExchangeToronto Exchange
ISINCA31890B1031
Business AddressKing Liberty Village,
SectorRetail REITs
IndustryReal Estate
BenchmarkDow Jones Industrial
Websitewww.fcr.ca
Phone416 504 4114
CurrencyCAD - Canadian Dollar
You should never invest in First Capital without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of First Stock, because this is throwing your money away. Analyzing the key information contained in First Capital's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

First Capital Key Financial Ratios

First Capital's financial ratios allow both analysts and investors to convert raw data from First Capital's financial statements into concise, actionable information that can be used to evaluate the performance of First Capital over time and compare it to other companies across industries.

First Capital Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets10.2B10.0B10.1B9.6B9.2B5.7B
Other Current Liab69.3M67.1M59.8M75.2M70.5M72.3M
Net Debt4.7B4.7B4.4B4.1B4.0B2.7B
Retained Earnings1.6B1.4B1.7B1.4B1.1B1.2B
Total Liab5.7B5.8B5.4B5.2B5.2B3.3B
Short Term Debt289.9M326.8M570.6M557.5M471.4M383.4M
Accounts Payable103.7M120.5M120.6M125.4M115.6M100.4M
Cash25.5M100.4M34.7M32.7M87.4M91.8M
Net Receivables97.6M119.9M143.9M66.1M94.1M78.3M
Total Current Assets314.1M482.4M556.9M473.4M567.4M595.8M
Other Current Assets176.8M184.2M182.8M213.3M190.9M132.3M
Inventory10.2M74.2M156.0M157.9M192.1M201.7M
Common Stock2.9B2.9B2.9B2.8B2.8B3.1B
Other Liab714.7M709.7M776.0M812.9M934.8M809.0M
Net Tangible Assets4.4B4.2B4.6B4.3B3.9B3.6B
Other Assets86.7M44.2M128.0M8.7B10.0B10.5B
Long Term Debt4.4B4.5B3.9B3.6B3.6B3.1B
Short Long Term Debt289.9M326.8M570.6M557.5M471.4M470.0M
Net Invested Capital9.2B9.0B9.0B8.4B8.0B7.1B
Net Working Capital(186.9M)(69.6M)(234.4M)(324.2M)(131.0M)(137.5M)
Capital Stock2.9B2.9B2.9B2.8B2.8B2.4B

First Capital Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
201920202021202220232024 (projected)
Total Revenue746.8M672.9M674.9M693.1M688.0M476.4M
Gross Profit460.4M399.0M412.5M425.5M425.3M304.2M
Operating Income452.1M383.4M367.7M399.3M447.1M253.4M
Ebitda456.6M389.0M373.7M404.9M451.0M287.2M
Income Before Tax332.2M31.4M499.6M(152.6M)(139.2M)(132.2M)
Net Income401.3M7.5M460.1M(159.8M)(134.1M)(127.4M)
Income Tax Expense(82.2M)23.9M25.9M7.2M(4.8M)(4.6M)
Ebit126.9M104.5M72.0M76.8M126.9M171.3M
Cost Of Revenue286.4M273.9M262.4M267.6M262.7M200.8M
Interest Expense171.8M157.7M152.7M150.0M154.1M171.8M
Tax Provision(82.2M)23.9M25.9M7.2M(4.8M)(4.6M)
Net Interest Income(138.8M)(145.5M)(141.8M)(130.2M)(129.2M)(135.7M)
Interest Income22.8M8.8M6.4M14.5M16.1M12.0M
Research Development0.440.060.650.210.260.39
Minority Interest48.9M29.3M(13.5M)(236K)308K292.6K

First Capital Key Cash Accounts

Cash flow analysis captures how much money flows into and out of First Capital Real. It measures of how well First is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money First Capital brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money First had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what First Capital has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change In Cash10.0M74.9M(65.7M)(2.0M)54.7M57.5M
Free Cash Flow41.0M14.5M96.1M126.2M84.7M88.9M
Other Non Cash Items(60.3M)204.6M(283.4M)406.1M388.1M407.5M
Dividends Paid203.8M187.9M102.6M116.7M183.7M110.0M
Capital Expenditures228.2M205.0M153.5M125.0M143.0M247.5M
Net Income414.3M7.5M473.6M(159.8M)(134.4M)(127.6M)
End Period Cash Flow25.5M100.4M34.7M32.7M87.4M91.8M
Depreciation4.5M5.6M6.0M5.7M3.9M3.7M
Investments33.0M(1.2M)(908K)134.0M219.6M230.5M
Net Borrowings364.3M61.7M(374.0M)(197.1M)(177.4M)(168.6M)
Change To Netincome(130.6M)215.9M(234.1M)422.7M486.1M510.4M

First Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining First Capital's current stock value. Our valuation model uses many indicators to compare First Capital value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across First Capital competition to find correlations between indicators driving First Capital's intrinsic value. More Info.
First Capital Real is rated # 2 in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.33  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for First Capital Real is roughly  3.04 . At present, First Capital's Return On Equity is projected to slightly decrease based on the last few years of reporting. Comparative valuation analysis is a catch-all model that can be used if you cannot value First Capital by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for First Capital's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

First Capital Real Systematic Risk

First Capital's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. First Capital volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on First Capital Real correlated with the market. If Beta is less than 0 First Capital generally moves in the opposite direction as compared to the market. If First Capital Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one First Capital Real is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of First Capital is generally in the same direction as the market. If Beta > 1 First Capital moves generally in the same direction as, but more than the movement of the benchmark.

First Capital Real Total Assets Over Time

Today, most investors in First Capital Stock are looking for potential investment opportunities by analyzing not only static indicators but also various First Capital's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of First Capital growth as a starting point in their analysis.

Price Earnings To Growth Ratio

1.59

At present, First Capital's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.

First Capital December 1, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of First Capital help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of First Capital Real. We use our internally-developed statistical techniques to arrive at the intrinsic value of First Capital Real based on widely used predictive technical indicators. In general, we focus on analyzing First Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build First Capital's daily price indicators and compare them against related drivers.

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When running First Capital's price analysis, check to measure First Capital's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Capital is operating at the current time. Most of First Capital's value examination focuses on studying past and present price action to predict the probability of First Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Capital's price. Additionally, you may evaluate how the addition of First Capital to your portfolios can decrease your overall portfolio volatility.
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