On the stock market since 1996, it operates in the world of money and finance. Now — the numbers.
This is an established company with proven profits.
No real growth (2% a year).
The stock trades near its peak today. For long-term holders the ride has paid off so far — though past performance guarantees nothing about the future.
It pays out $1.25 per share each year — regular cash for whoever holds the stock.
The company’s market value is 694 times its annual profit. Even a small disappointment could hit the price hard.
Costs swallow the gains that sales growth brings in.
On our five-subject report card, FFFEX sits behind the class. A low grade doesn’t mean “doomed” — it means “big claim, small proof.”
The takeaway: FFFEX is an established business that has proven its profits for years. The real debate isn’t the quality of the business — it’s whether the price paid for the stock is too high.