FRP Holdings (FRPH) Stock Fundamentals, Analysis & Risk Signals

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

FRP Holdings

NasdaqGS•Real Estate•Real Estate Services

$22.15-0.10(<0.01%)Pre-market

Market Cap

$400.31M

P/E

4169.9x

P/S

9.2x

P/B

0.9x

FRP Holdings, Inc. engages in the real estate business in the United States. The company operates through four segments: Industrial and Commercial, Mining Royalty Lands, Development, and Multifamily. Its Industrial and Commercial segment owns, leases, and manages commercial properties. The Mining Royalty Lands segment owns, leases, and manages mining royalties in Florida, Georgia, and Virginia. Its Development segment owns and assesses the use of parcels of land that are in various stages of development; and constructs new buildings own and operate. The Multifamily segment owns, leases, and manages buildings through joint ventures. FRP Holdings, Inc. was founded in 1988 and is based in Jacksonville, Florida.

How this company scores

AverageMetricSide Score: 43/100

Strongest: Profitability (11/25); weakest: Growth (10/25).

Profitability11/25

Growth10/25

Balance Sheet & Red Flags11/25

Cash & Earnings Quality11/25

Strengths

Cash-backed earningsConsistent growthImproving margins

Valuation vs. 5-year range

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

P/E · 4169.9x5y range 17.8x – 4169.9x

Currently above its 20-quarter median.

P/S · 9.2x5y range 9.2x – 18.8x

Currently below its 20-quarter median.

P/B · 0.9x5y range 0.9x – 1.4x

Watch items

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

High Risk

Margin Pressure

Red Flag

Operating margins dropped 51.3% over recent quarters — a sharp decline suggesting serious cost or pricing challenges.

Earnings Quality

Red Flag

Free cash flow has been negative in 5 of the last 8 quarters — earnings are not translating to cash.

Price & Volume

Market Cap $400.31M

Metrics at a Glance

as of June 2026

Revenue & Profit

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

TTM Revenue: $43.37M
Q. Revenue: $11.08M
TTM EBITDA: $16.41M
TTM Op. Income: $5.02M
Q. Op. Income: $1.46M
TTM Net Income: $96,000
Q. Net Income: $-259,000
EPS: $-0.01
Shares Out.: $19.04M

$43.37M in TTM revenue grew 2.5% YoY, reaching $11.08M last quarter. TTM EBITDA of $16.41M and TTM operating income of $5.02M show growth is flowing through to the bottom line. TTM net income of $96,000 means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 39.5%
Op. Margin: 13.2%
Net Margin: -2.3%

Op. margin of 13.2% is down 2.1% YoY — costs are rising relative to revenue. Net margin at -2.3% Over the past year, operating margin is down 14% — an improving trend.

Price Ratios

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

P/E Ratio: 4169.9x
P/S Ratio: 9.2x
P/B Ratio: 0.9x

At 4169.9x P/E, the stock trades above typical market levels — the market expects above-average growth. P/S of 9.2x and P/B of 0.9x provide additional context. P/E sits above typical market levels while revenue growth is below 5%. Across the last 8 quarters, P/E has risen for 5 consecutive quarters — a weakening trend.

Assets & Liabilities

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

Total Assets: $762.31M
Cash: $100.97M
Long-Term Debt: $214.62M
Book Value: $428.95M
D/E Ratio: 0.5
Debt/EBITDA: 49.0

With $762.31M in assets and $214.62M in long-term debt, D/E is 0.5and book value is $428.95M — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has risen for 5 consecutive quarters — a weakening trend.

Cash Flow

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

Op. Cash Flow: $1.12M
TTM Free Cash Flow: $-41.23M
FCF Margin: -95.1%
FCF / Net Income: -429.5

TTM FCF of $-41.23M on $1.12M in operating cash flow. The FCF / Net Income ratio of -429.5x means the business consumes cash — it is not yet self-funding. Across the last 8 quarters, free cash flow has fallen for 3 consecutive quarters — a weakening trend.