First Real Estate Investment Tr (FREVS) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

First Real Estate Investment Tr

OTC Markets OTCPK

$18.750.00(0.00%)Market open

Market Cap

$140,287.5

P/E

0.0x

P/S

0.0x

P/B

0.0x

How this company scores

GoodMetricSide Score: 76/100

Strongest: Profitability (25/25); weakest: Balance Sheet & Red Flags (9/25).

Profitability25/25

Growth18/25

Balance Sheet & Red Flags9/25

Cash & Earnings Quality24/25

Strengths

Rising free cash flowStrong marginsHigh ROERising earnings

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 0.0x5y range 0.0x – 147.6x

Currently below its 18-quarter median.

P/S · 0.0x5y range 0.0x – 4.1x

Currently near its 20-quarter median.

P/B · 0.0x5y range 0.0x – 3.7x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

Some Concerns

Leverage Risk

Watch

D/E ratio of 2.1 is elevated. Watch for further debt accumulation.

Price & Volume

Market Cap $140,287.5

Metrics at a Glance

as of July 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $30.22M
Q. Revenue: $7.54M
TTM EBITDA: $18.54M
TTM Op. Income: $15.64M
Q. Op. Income: $3.89M
TTM Net Income: $22.84M
Q. Net Income: $20.16M
EPS: $2.69
Shares Out.: $7,482

$30.22M in TTM revenue grew 4.1% YoY, reaching $7.54M last quarter. TTM EBITDA of $18.54M and TTM operating income of $15.64M show growth is flowing through to the bottom line. TTM net income of $22.84M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 5 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 60.6%
Op. Margin: 51.6%
Net Margin: 267.5%

Op. margin of 51.6% is up 0.9% YoY — cost efficiency is improving. Net margin at 267.5% Over the past year, operating margin is up 2% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 0.0x
P/S Ratio: 0.0x
P/B Ratio: 0.0x

At 0.0x P/E, the stock trades below typical market levels. P/S of 0.0x and P/B of 0.0x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is down 81% — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $165.50M
Cash: $16.02M
Long-Term Debt: $114.20M
Book Value: $53.67M
D/E Ratio: 2.1
Debt/EBITDA: 25.0

With $165.50M in assets and $114.20M in long-term debt, D/E is 2.1and book value is $53.67M — elevated leverage, meaning significant financial risk in a downturn. Across the last 3 quarters, debt/equity has fallen for 2 consecutive quarters — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $744,000
TTM Free Cash Flow: $5.03M
FCF Margin: 16.6%
FCF / Net Income: 0.2

TTM FCF of $5.03M on $744,000 in operating cash flow. The FCF / Net Income ratio of 0.2x means cash covers only part of net income — earnings quality needs attention. Over the past year, free cash flow is up 67% — a weakening trend.