Financials Four Corners Property Trust, Inc.

Equities

FCPT

US35086T1097

Commercial REITs

Market Closed - Nyse 04:00:02 2024-04-26 pm EDT 5-day change 1st Jan Change
23.44 USD -0.17% Intraday chart for Four Corners Property Trust, Inc. +1.78% -7.35%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 1,943 2,186 2,275 2,175 2,291 2,156 - -
Enterprise Value (EV) 1 2,613 2,929 3,146 3,144 3,391 3,262 3,345 3,410
P/E ratio 26.6 x 27.6 x 26.5 x 21.6 x 23.6 x 21.4 x 20.9 x 21.3 x
Yield 4.14% 4.14% 4.37% 5.13% 5.4% 5.91% 6.02% 6.3%
Capitalization / Revenue 12.1 x 12.8 x 11.4 x 9.75 x 9.14 x 8.12 x 7.55 x 7.25 x
EV / Revenue 16.3 x 17.1 x 15.8 x 14.1 x 13.5 x 12.3 x 11.7 x 11.5 x
EV / EBITDA 20.9 x 21.5 x 20.7 x 18.8 x 18 x 16.1 x 15.3 x 14.7 x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 2.74 x 2.54 x 2.35 x 1.95 x 1.79 x 1.69 x 1.68 x 1.69 x
Nbr of stocks (in thousands) 68,917 73,445 77,353 83,887 90,565 91,986 - -
Reference price 2 28.19 29.77 29.41 25.93 25.30 23.44 23.44 23.44
Announcement Date 2/12/20 2/17/21 2/16/22 2/15/23 2/14/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 160.2 170.9 199.4 223.2 250.6 265.6 285.6 297.4
EBITDA 1 125.1 136.3 152.1 167.3 188.8 202.5 218.7 232.1
EBIT 1 98.78 106.9 117.3 125.9 136.9 147.9 158 164.8
Operating Margin 61.65% 62.52% 58.83% 56.39% 54.64% 55.67% 55.32% 55.41%
Earnings before Tax (EBT) 73.2 77.81 85.21 98.14 - - - -
Net income 1 72.62 77.33 85.58 97.77 95.34 98.51 104.4 103.8
Net margin 45.32% 45.24% 42.92% 43.81% 38.04% 37.08% 36.54% 34.92%
EPS 2 1.060 1.080 1.110 1.200 1.070 1.093 1.121 1.102
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 1.168 1.232 1.285 1.330 1.365 1.385 1.411 1.477
Announcement Date 2/12/20 2/17/21 2/16/22 2/15/23 2/14/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 50.71 52.65 54.4 55.42 56.01 57.36 59.95 60.69 64.84 65.14 65.44 65.97 66.61 67.72 69.96
EBITDA 1 38.45 40.54 40.4 41.69 42.3 42.95 43.44 - 49.2 49.98 49.93 51.58 52.83 53.7 54.36
EBIT 1 - - - 31.56 31.71 31.9 31.26 - 35.78 36.5 36.3 37.6 38.42 38.77 38.99
Operating Margin - - - 56.94% 56.62% 55.62% 52.14% - 55.18% 56.03% 55.47% 57% 57.68% 57.25% 55.74%
Earnings before Tax (EBT) 21.3 22.97 22.37 28.31 24.53 22.93 23.2 - - - - - - - -
Net income 1 21.16 23.7 22.26 28.13 24.52 22.87 23.16 23.62 24.16 24.43 23.74 24.6 25.1 25.53 24.55
Net margin 41.74% 45.01% 40.91% 50.75% 43.78% 39.87% 38.62% 38.93% 37.26% 37.5% 36.28% 37.29% 37.68% 37.7% 35.1%
EPS 2 0.2800 0.3000 0.2800 0.3500 0.3000 0.2700 0.2700 0.2700 0.2700 0.2700 0.2646 0.2700 0.2756 0.2778 0.2700
Dividend per Share 2 0.3175 0.3325 0.3325 0.3325 0.3325 0.3325 0.3400 0.3400 0.3400 0.3450 0.3500 0.3500 0.3500 0.3525 0.3533
Announcement Date 10/26/21 2/16/22 4/26/22 7/26/22 11/1/22 2/15/23 5/1/23 8/1/23 11/1/23 2/14/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 670 743 871 969 1,099 1,106 1,188 1,254
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 5.355 x 5.45 x 5.727 x 5.792 x 5.823 x 5.46 x 5.434 x 5.403 x
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 10.3% 9.9% 9.49% 9.32% 7.97% 7.59% 7.89% 7.9%
ROA (Net income/ Total Assets) 5.21% 4.97% 4.79% 4.77% 4.1% 3.92% 4.06% 3.99%
Assets 1 1,395 1,557 1,786 2,051 2,325 2,514 2,570 2,602
Book Value Per Share 2 10.30 11.70 12.50 13.30 14.20 13.90 13.90 13.90
Cash Flow per Share - - - 1.740 - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 2/12/20 2/17/21 2/16/22 2/15/23 2/14/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
6
Last Close Price
23.44 USD
Average target price
25.83 USD
Spread / Average Target
+10.21%
Consensus
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  4. Financials Four Corners Property Trust, Inc.