Four Corners Property Trust, Inc. (FCPT) stock analysis

P/E below its 5-year median

Four Corners Property Trust's P/E of 21.5 is below its own 5-year median of 23.0.

P/E below the industry

Four Corners Property Trust's P/E of 21.5 is below the Miscellaneous Investing median of 26.3.

EV/EBITDA against its history

Needs positive EBITDA and price history.

P/S above the industry

Four Corners Property Trust's price-to-sales of 8.13 is above the Miscellaneous Investing median of 4.14 (book value is negative, so we use sales).

Trading below fair value

The share price of $23.39 is below our fair value estimate of $25.17.

Margin of safety under 20%

The price is 7.1% below fair value, less than the 20% cushion we look for.

Revenue growing under 10% a year

Revenue grew 9.6% a year over the last three fiscal years, short of the 10% we look for.

EPS growing under 10% a year

Diluted EPS grew -3.2% a year over the last three fiscal years.

Earnings growth accelerating

Net income grew 8.7% over the last twelve months, against a 5-year average of 7.8% a year.

Growing faster than the industry

Revenue grew 10.2% over the last twelve months; the Miscellaneous Investing median is 4.6%.

Company guidance

No outlook found in earnings releases from the last twelve months.

Gross margin trend

This company does not report gross profit.

Return on equity

Needs positive equity and five years of results.

Return on invested capital

Needs operating income and invested capital.

Return on equity against the industry

Needs positive equity.

Earnings grew over 5 years

Net income grew 7.8% a year on average over the last five fiscal years.

Net margin below its 5-year average

Net margin was 37.5% over the last twelve months, against a 5-year average of 40.1%.

Net margin above the industry

Four Corners Property Trust's net margin of 37.5% is above the Miscellaneous Investing median of 10.3%.

Debt level

Needs debt and equity figures.

Debt trend

Needs a balance sheet from five years ago with positive equity.

Debt coverage

Needs operating cash flow.

Interest coverage

Interest expense is not reported separately.

Short-term liquidity

The balance sheet is not split into current and non-current items.

Elevated bankruptcy risk

The Altman Z-score is 0.95; above 3 is the safe zone and below 1.8 the distress zone.

Pays a dividend

Four Corners Property Trust paid dividends worth 4.7% of the share price over the last twelve months.

Yield above Treasuries

The 4.7% yield is above the 4.4% on a 1-year Treasury.

Yield in the top quarter

The top quarter of US dividend payers yield 3.8% or more; Four Corners Property Trust yields 4.7%.

Dividend not cut

The dividend per share has not fallen by more than 10% in any of the last 10 fiscal years.

Not covered by earnings

Dividends take 155% of net income, leaving little room.

Cash-flow cover

Needs dividends paid and free cash flow.