Firm Cap Mortgage Invest (FC) AI Stock Analysis

• Market Cap: C$436.04M
• Dividend Yield: 7.89%
• Average Volume (3M): 52.59K
• Price to Earnings (P/E): 11.9
• Beta (1Y): 0.33
• Revenue Growth: -0.70%
• EPS Growth: 1.11%
• Country: CA
• Employees: 1
• Sector: Financial
• Sector Strength: 80
• Industry: Financial - Mortgages
• EPS (TTM): 0.99
• Shares Outstanding: 36,734,802
• 10 Day Avg. Volume: 34,663
• 30 Day Avg. Volume: 52,588
• PEG Ratio: 15.50
• Price to Book (P/B): N/A
• Price to Sales (P/S): 8.56
• Price to Cash Flow (P/CF): 6.80
• P/FCF Ratio: 5.40
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: C$14.00
• Price Target Upside: 19.15% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

Firm Cap Mortgage Invest exhibits strong financial performance characterized by high profitability and efficient cost management. The company's conservative leverage and strong equity position add to its stability. While the technical indicators present mixed signals, the stock's valuation with a fair P/E and a high dividend yield enhances its attractiveness. The absence of recent earnings call data or notable corporate events leaves these areas unweighted in the evaluation.

Firm Cap Mortgage Invest Business Overview & Revenue Model

Company Description

Firm Cap Mortgage Invest (FC) is a financial services company specializing in mortgage investment and real estate finance. The company operates within the real estate and investment sectors, offering a range of services including mortgage origination, securitization, and management of mortgage-backed securities. FC aims to provide investors with stable returns by leveraging its expertise in the mortgage market.

How the Company Makes Money

Firm Cap Mortgage Invest generates revenue primarily through interest income from mortgage loans and investments in mortgage-backed securities. The company originates and acquires mortgage loans, which it either holds in its portfolio to earn interest or sells to investors through securitization processes. FC also earns fees from servicing the mortgages, including origination and management fees. Additionally, the company may engage in strategic partnerships with banks and financial institutions to expand its investment capabilities and enhance its revenue streams. The performance of its revenue model is significantly influenced by interest rate fluctuations, real estate market conditions, and regulatory changes.

Firm Cap Mortgage Invest Financial Statement Overview

Summary

Firm Cap Mortgage Invest demonstrates strong financial health with robust profitability and efficient cost management, as seen in its high profit margins. The balance sheet reflects a stable leverage position and strong equity backing. Although there are minor concerns regarding asset reduction and free cash flow growth, the company's overall financial position is solid, with a good balance of growth and stability.

Income Statement

The company has shown solid revenue growth with a notable increase of 51.73% in the TTM (Trailing-Twelve-Months) compared to the previous year. Gross profit margins are strong at 93.52% for TTM, indicating efficiency in controlling costs. With a net profit margin of 48.75% and an EBIT margin of 92.75%, the firm demonstrates high profitability. However, the EBITDA margin has decreased, which may indicate increased non-operating expenses.

Balance Sheet

The debt-to-equity ratio is 0.44, indicating a conservative leverage position, which is favorable for stability. The return on equity (ROE) is strong at 8.10% for TTM, though slightly lower than the previous year, suggesting solid profitability. The equity ratio of 68.50% shows strong capitalization. However, a decrease in total assets may pose a potential risk for future growth.

Cash Flow

The company has maintained a positive free cash flow, with a slight decrease in growth rate by 20.48% in the TTM. The operating cash flow to net income ratio of 1.47 indicates healthy cash generation relative to net income. Additionally, the free cash flow to net income ratio of 1.47 reflects robust financial health. Despite a decrease in free cash flow growth, the overall cash flow situation remains stable.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
70.55M	46.49M	43.15M	34.21M	33.64M	34.67M
	Gross Profit
65.98M	41.64M	38.46M	30.06M	29.87M	30.99M
	EBIT
65.47M	39.84M	47.10M	29.99M	26.35M	28.00M
	EBITDA
31.75M	59.58M	47.10M	39.93M	38.29M	28.00M
	Net Income Common Stockholders
34.40M	34.16M	32.23M	29.99M	26.35M	28.00M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
0.00	9.37M	0.00	0.00	0.00	0.00
	Total Assets
520.07M	589.61M	656.18M	641.71M	557.87M	479.80M
	Total Debt
227.42M	182.80M	251.24M	252.36M	209.37M	159.50M
	Net Debt
227.42M	173.43M	251.24M	252.36M	209.37M	159.50M
	Total Liabilities
233.96M	190.42M	257.13M	259.04M	214.53M	165.90M
	Stockholders Equity
286.11M	399.19M	399.05M	382.67M	343.35M	313.90M
Cash Flow		Free Cash Flow
50.47M	63.47M	51.86M	41.29M	37.79M	40.65M
	Operating Cash Flow
50.47M	63.47M	51.86M	41.29M	37.79M	40.65M
	Investing Cash Flow
-66.91M	62.79M	-18.80M	-83.52M	-77.80M	40.01M
	Financing Cash Flow
-40.88M	-101.66M	-27.75M	40.35M	22.51M	-68.29M

Firm Cap Mortgage Invest Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 11.75
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:FC, the sentiment is Negative. The current price of 11.75 is above the 20-day moving average (MA) of 11.72, below the 50-day MA of 11.78, and above the 200-day MA of 11.19, indicating a neutral trend. The MACD of 0.02 indicates Negative momentum. The RSI at 48.55 is Neutral, neither overbought nor oversold. The STOCH value of 28.85 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:FC.

Firm Cap Mortgage Invest Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FC	75 Outperform	C$436.04M	11.92	8.57%	7.89%	-0.70%	1.11%
AI	69 Neutral	C$498.58M	9.91	9.58%	8.62%	-1.56%	-9.70%
Sector *	63 Neutral	$14.39B	9.81	8.95%	4.37%	16.38%	-11.64%
FN	56 Neutral	C$2.31B	11.59	27.56%	6.36%	16.99%	-19.87%

Firm Cap Mortgage Invest Corporate Events

Firm Capital Announces Special Year-End Dividend and 2025 Dividend Schedule

Firm Capital Mortgage Investment Corporation has announced a special year-end dividend of $0.056 per common share, in addition to the regular December dividend, totaling $0.134 per common share payable on January 15, 2025. This reflects a slight increase in total dividends paid in 2024 compared to the previous year, indicating a successful year in exceeding their regular dividend income. The announcement also includes scheduled monthly dividends for the early months of 2025, underscoring the corporation’s commitment to providing consistent returns to its shareholders.

Firm Capital Announces 2024 Special Dividend

Firm Capital Mortgage Investment Corporation has announced a special year-end dividend, bringing its 2024 total dividends to $0.992 per share. In addition, the company has declared dividends for December 2024 and the first quarter of 2025. These dividends highlight the company’s strong financial performance and commitment to shareholder returns.