(FR) First Industrial Realty - Ratings and Ratios
Industrial, Warehouses, Distribution, Logistics
FR EPS (Earnings per Share)
FR Revenue
Description: FR First Industrial Realty
First Industrial Realty Trust Inc (NYSE:FR) is a leading US-based real estate investment trust (REIT) specializing in logistics properties, providing high-quality facilities and industry-leading customer service to multinational corporations and regional firms. The companys portfolio is concentrated in 15 target metropolitan statistical areas (MSAs), with a focus on supply-constrained, coastally oriented markets.
The companys extensive portfolio comprises approximately 69.5 million square feet of industrial space, positioning it as a significant player in the US industrial real estate market. As a fully integrated operating and investing platform, First Industrial Realty Trust Inc is well-equipped to cater to the needs of its clients, who rely on its facilities as essential components of their supply chains.
From a financial perspective, key performance indicators (KPIs) such as Funds From Operations (FFO) and Adjusted Funds From Operations (AFFO) are crucial in evaluating the companys performance. The companys FFO payout ratio, dividend yield, and capitalization rate are also important metrics. With a market capitalization of $6.8 billion, First Industrial Realty Trust Inc has a significant presence in the market. Its return on equity (ROE) of 10.23% indicates a reasonable return for shareholders.
To further analyze the companys performance, other relevant KPIs could include the occupancy rate, rental growth rate, and debt-to-equity ratio. A high occupancy rate and rental growth rate would indicate a strong demand for the companys properties, while a manageable debt-to-equity ratio would suggest a healthy balance sheet. By examining these metrics, investors can gain a more comprehensive understanding of First Industrial Realty Trust Incs financial health and operational efficiency.
FR Stock Overview
| Market Cap in USD | 6,984m |
| Sub-Industry | Industrial REITs |
| IPO / Inception | 1994-06-23 |
FR Stock Ratings
| Growth Rating | -0.05% |
| Fundamental | 70.1% |
| Dividend Rating | 65.9% |
| Return 12m vs S&P 500 | -18.0% |
| Analyst Rating | 3.83 of 5 |
FR Dividends
| Dividend Yield 12m | 3.15% |
| Yield on Cost 5y | 4.34% |
| Annual Growth 5y | 8.16% |
| Payout Consistency | 83.6% |
| Payout Ratio | 79.5% |
FR Growth Ratios
| Growth Correlation 3m | 22.3% |
| Growth Correlation 12m | -58.6% |
| Growth Correlation 5y | 39.6% |
| CAGR 5y | 6.87% |
| CAGR/Max DD 5y | 0.19 |
| Sharpe Ratio 12m | -0.73 |
| Alpha | -16.19 |
| Beta | 0.529 |
| Volatility | 21.78% |
| Current Volume | 677.6k |
| Average Volume 20d | 677.6k |
| Stop Loss | 50.6 (-3.2%) |
| Signal | -0.16 |
Piotroski VR‑10 (Strict, 0-10) 5.0
| Net Income (271.0m TTM) > 0 and > 6% of Revenue (6% = 42.0m TTM) |
| FCFTA 0.07 (>2.0%) and ΔFCFTA 6.56pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 25.45% (prev -59.28%; Δ 84.73pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.07 (>3.0%) and CFO 396.9m > Net Income 271.0m (YES >=105%, WARN >=100%) |
| Net Debt (2.38b) to EBITDA (553.7m) ratio: 4.29 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.86 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (132.5m) change vs 12m ago 0.06% (target <= -2.0% for YES) |
| Gross Margin 67.05% (prev 59.38%; Δ 7.66pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 13.14% (prev 12.27%; Δ 0.87pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio -2265 (EBITDA TTM 553.7m / Interest Expense TTM -241.0k) >= 6 (WARN >= 3) |
Altman Z'' 1.11
| (A) 0.03 = (Total Current Assets 386.0m - Total Current Liabilities 207.8m) / Total Assets 5.45b |
| (B) 0.04 = Retained Earnings (Balance) 204.7m / Total Assets 5.45b |
| (C) 0.10 = EBIT TTM 545.9m / Avg Total Assets 5.33b |
| (D) 0.08 = Book Value of Equity 213.3m / Total Liabilities 2.72b |
| Total Rating: 1.11 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 70.07
| 1. Piotroski 5.0pt = 0.0 |
| 2. FCF Yield 4.25% = 2.12 |
| 3. FCF Margin 56.66% = 7.50 |
| 4. Debt/Equity 0.90 = 2.11 |
| 5. Debt/Ebitda 4.32 = -2.50 |
| 6. ROIC - WACC 5.54% = 6.92 |
| 7. RoE 10.23% = 0.85 |
| 8. Rev. Trend 99.51% = 4.98 |
| 9. Rev. CAGR 9.68% = 1.21 |
| 10. EPS Trend -24.82% = -0.62 |
| 11. EPS CAGR -25.53% = -2.50 |
What is the price of FR shares?
Over the past week, the price has changed by +5.45%, over one month by +7.07%, over three months by +7.55% and over the past year by -3.45%.
Is First Industrial Realty a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of FR is around 50.73 USD . This means that FR is currently overvalued and has a potential downside of -2.91%.
Is FR a buy, sell or hold?
- Strong Buy: 6
- Buy: 3
- Hold: 9
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the FR price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 55.9 | 7% |
| Analysts Target Price | 55.9 | 7% |
| ValueRay Target Price | 54.9 | 5.1% |
Last update: 2025-08-28 04:39
FR Fundamental Data Overview
CCE Cash And Equivalents = 34.9m USD (last quarter)
P/E Trailing = 24.9561
P/E Forward = 36.7647
P/S = 9.969
P/B = 2.5613
P/EG = 3.74
Beta = 1.048
Revenue TTM = 700.5m USD
EBIT TTM = 545.9m USD
EBITDA TTM = 553.7m USD
Long Term Debt = 2.39b USD (from longTermDebt, last quarter)
Short Term Debt = unknown (0.0)
Debt = 2.39b USD (Calculated: Short Term 0.0 + Long Term 2.39b)
Net Debt = 2.38b USD (from netDebt column, last quarter)
Enterprise Value = 9.34b USD (6.98b + Debt 2.39b - CCE 34.9m)
Interest Coverage Ratio = -2265 (Ebit TTM 545.9m / Interest Expense TTM -241.0k)
FCF Yield = 4.25% (FCF TTM 396.9m / Enterprise Value 9.34b)
FCF Margin = 56.66% (FCF TTM 396.9m / Revenue TTM 700.5m)
Net Margin = 38.69% (Net Income TTM 271.0m / Revenue TTM 700.5m)
Gross Margin = 67.05% ((Revenue TTM 700.5m - Cost of Revenue TTM 230.8m) / Revenue TTM)
Tobins Q-Ratio = 43.79 (Enterprise Value 9.34b / Book Value Of Equity 213.3m)
Interest Expense / Debt = -2.53% (Interest Expense -60.7m / Debt 2.39b)
Taxrate = 2.01% (from yearly Income Tax Expense: 6.08m / 302.1m)
NOPAT = 534.9m (EBIT 545.9m * (1 - 2.01%))
Current Ratio = 1.86 (Total Current Assets 386.0m / Total Current Liabilities 207.8m)
Debt / Equity = 0.90 (Debt 2.39b / last Quarter total Stockholder Equity 2.65b)
Debt / EBITDA = 4.32 (Net Debt 2.38b / EBITDA 553.7m)
Debt / FCF = 6.03 (Debt 2.39b / FCF TTM 396.9m)
Total Stockholder Equity = 2.65b (last 4 quarters mean)
RoA = 4.97% (Net Income 271.0m, Total Assets 5.45b )
RoE = 10.23% (Net Income TTM 271.0m / Total Stockholder Equity 2.65b)
RoCE = 10.83% (Ebit 545.9m / (Equity 2.65b + L.T.Debt 2.39b))
RoIC = 10.83% (NOPAT 534.9m / Invested Capital 4.94b)
WACC = 5.29% (E(6.98b)/V(9.38b) * Re(7.96%)) + (D(2.39b)/V(9.38b) * Rd(-2.53%) * (1-Tc(0.02)))
Shares Correlation 5-Years: 100.0 | Cagr: 0.28%
Discount Rate = 7.96% (= CAPM, Blume Beta Adj.) -> floored to rf + ERP 8.05%
[DCF Debug] Terminal Value 70.46% ; FCFE base≈253.1m ; Y1≈166.2m ; Y5≈76.0m
Fair Price DCF = 11.28 (DCF Value 1.49b / Shares Outstanding 132.4m; 5y FCF grow -40.0% → 3.0% )
Revenue Correlation: 99.51 | Revenue CAGR: 9.68%
Rev Growth-of-Growth: 0.12
EPS Correlation: -24.82 | EPS CAGR: -25.53%
EPS Growth-of-Growth: -3.63
Additional Sources for FR Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle