FCPT Stock Analysis: Four Corners Property Trust | NYSE
REIT - Retail | NYSE, USA | Market Cap: 2.332m USD | 12M Return: -5.5% | US35086T1097 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 28.6M
EPS Trend: 62.1%
Qual. Beats: 1
Rev. Trend: 99.5%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 10.9 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Four Corners Property Trust, Inc. (NYSE: FCPT) is a real estate investment trust (REIT) primarily focused on the ownership, acquisition, and leasing of restaurant and retail properties. The company pursues growth by acquiring additional real estate to lease on a net basis to tenants operating in the restaurant and retail industries. As a net-lease REIT, FCPT typically passes operating expenses such as property taxes, insurance, and maintenance to its tenants, which is a common structure in the specialized REIT sector that provides predictable rental income.
Headquartered in Mill Valley, California, Four Corners Property Trust was established on July 2, 2015, and is incorporated in Maryland. The company trades on the NYSE under the ticker symbol FCPT, is classified within the GICS Real Estate sector under the Other Specialized REITs sub-industry, and carries a mid-cap market capitalization.
- Restaurant property acquisitions expand portfolio and drive AFFO growth
- Interest rate volatility pressures net lease REIT valuations
- Casual dining tenant concentration exposes to consumer spending weakness
| Net Income: 118.6m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.07 > 0.02 and ΔFCF/TA 0.28 > 1.0 |
| NWC/Revenue: -23.78% < 20% (prev -20.63%; Δ -3.15% < -1%) |
| CFO/TA 0.07 > 3% & CFO 194.8m > Net Income 118.6m |
| Net Debt (1.24b) to EBITDA (234.1m): 5.30 < 3 |
| Current Ratio: 0.34 > 1.5 & < 3 |
| Outstanding Shares: last quarter (109.8m) vs 12m ago 9.11% < -2% |
| Gross Margin: 92.87% > 18% (prev 90.54%; Δ 2.33% > 0.5%) |
| Asset Turnover: 10.64% > 50% (prev 10.10%; Δ 0.53% > 0%) |
| Interest Coverage Ratio: 1.32 > 6 (EBIT TTM 170.8m / Interest Expense TTM 129.0m) |
| A: -0.02 (Total Current Assets 37.1m - Total Current Liabilities 109.9m) / Total Assets 3.00b |
| B: -0.05 (Retained Earnings -153.8m / Total Assets 3.00b) |
| C: 0.06 (EBIT TTM 170.8m / Avg Total Assets 2.88b) |
| D: 1.18 (Book Value of Equity 1.62b / Total Liabilities 1.37b) |
| Altman-Z'' = 1.31 = BB |
| DSRI: 0.92 (Receivables 4.34m/4.31m, Revenue 306.4m/279.4m) |
| GMI: 0.97 (GM 90.54% / 92.87%) |
| AQI: 27.71 (AQ_t 0.99 / AQ_t-1 0.04) |
| SGI: 1.10 (Revenue 306.4m / 279.4m) |
| TATA: -0.03 (NI 118.6m - CFO 194.8m) / TA 3.00b) |
| Beneish M = 12.79 (Cap -4..+1) = D |
As of October 12, 2026, the stock is trading at USD 21.28 with a total of 561,666 shares traded. Over the past week, the price has changed by -1.25%, over one month by -12.73%, over three months by -12.56% and over the past year by -5.53%.
Current recommended Stop Loss: 20.70 (which is 2.7% or 1.4 ATR below the current price).
Four Corners Property Trust has received a consensus analysts rating of 3.67. Therefore, it is recommended to hold FCPT.
- StrongBuy: 2
- Buy: 2
- Hold: 5
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 27.8 | 30.5% |
P/E Trailing = 19.3182
P/E Forward = 20.202
P/S = 7.6116
P/B = 1.5065
Revenue TTM = 306.4m USD
EBIT TTM = 170.8m USD
EBITDA TTM = 234.1m USD
Long Term Debt = 1.25b USD (from longTermDebt, last quarter)
Short Term Debt = 400.4m USD (from shortTermDebt, last quarter)
Debt = 1.27b USD (from shortLongTermDebtTotal, last quarter) + Leases 6.30m
Net Debt = 1.24b USD (calculated: Debt 1.27b - CCE 24.8m)
Enterprise Value = 3.57b USD (2.33b + Debt 1.27b - CCE 24.8m)
Interest Coverage Ratio = 1.32 (Ebit TTM 170.8m / Interest Expense TTM 129.0m)
EV/FCF = 18.34x (Enterprise Value 3.57b / FCF TTM 194.8m)
FCF Yield = 5.45% (FCF TTM 194.8m / Enterprise Value 3.57b)
FCF Margin = 63.57% (FCF TTM 194.8m / Revenue TTM 306.4m)
Net Margin = 38.70% (Net Income TTM 118.6m / Revenue TTM 306.4m)
Gross Margin = 92.87% ((Revenue TTM 306.4m - Cost of Revenue TTM 21.8m) / Revenue TTM)
Gross Margin QoQ = 85.26% (prev none%)
Tobins Q-Ratio = 1.19 (Enterprise Value 3.57b / Total Assets 3.00b)
Interest Expense / Debt = 10.19% (Interest Expense 129.0m / Debt 1.27b)
Taxrate = 0.38% (447k / 119.0m)
NOPAT = 170.2m (EBIT 170.8m * (1 - 0.38%))
Current Ratio = 0.34 (Total Current Assets 37.1m / Total Current Liabilities 109.9m)
Debt / Equity = 0.78 (Debt 1.27b / totalStockholderEquity, last quarter 1.62b)
Debt / EBITDA = 5.30 (Net Debt 1.24b / EBITDA 234.1m)
Debt / FCF = 6.37 (Net Debt 1.24b / FCF TTM 194.8m)
Total Stockholder Equity = 1.61b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.12% (Net Income 118.6m / Total Assets 3.00b)
RoE = 7.36% (Net Income TTM 118.6m / Total Stockholder Equity 1.61b)
RoCE = 5.96% (EBIT 170.8m / Capital Employed (Equity 1.61b + L.T.Debt 1.25b))
RoIC = 5.20% (NOPAT 170.2m / Invested Capital 3.27b)
WACC = 7.21% (E(2.33b)/V(3.60b) * Re(5.62%) + D(1.27b)/V(3.60b) * Rd(10.19%) * (1-Tc(0.00)))
Discount Rate = 5.62% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 98.69 | Cagr: 8.21%
[DCF] Terminal Value 77.68% ; FCFF base≈185.7m ; Y1≈209.6m ; Y5≈296.3m
[DCF] Fair Price = 29.47 (EV 4.48b - Net Debt 1.24b = Equity 3.24b / Shares 109.8m; r=8.35% [WACC [floored]]; 5y FCF grow 13.17% → 2.50% )
EPS Correlation: 62.07 | EPS CAGR: 3.70% | SUE: 1.56 | # QB: 1
Revenue Correlation: 99.47 | Revenue CAGR: 8.38% | SUE: -0.37 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.28 | Chg30d=-1.54% | Revisions=-25% | Analysts=3
EPS current Year (2026-12-31): EPS=1.11 | Chg30d=-1.59% | Revisions=-25% | GrowthEPS=+1.9% | GrowthRev=+9.9%
EPS next Year (2027-12-31): EPS=1.08 | Chg30d=-6.01% | Revisions=-25% | GrowthEPS=-2.8% | GrowthRev=+7.6%
[Analyst] Revisions Ratio: -50% (up=0, down=3)