On the stock market since 2012, it operates in the world of real estate. It has 111 employees. Now — the numbers.
This is an established company with proven profits.
No real growth (4% a year). Red columns mark years that ended in a loss.
The gap is $200.1M. In times of high interest rates, a gap like that can squeeze a company.
The stock trades 21% below its peak. The market has trimmed its expectations for the company.
Over the last 3 years, sales grew about 10% a year on average.
Since the drop from its peak, buyer appetite hasn’t come back.
On our five-subject report card, FHRT sits in the middle of the class: some subjects shine, others don’t. The grade moves as the numbers move.
The takeaway: FHRT 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.