FrontView REIT FVR

REIT - Specialty, Real Estate

$17.74

−0.11%

Market cap: $433.8M
PE: n/m; a sliver of earnings
Forward PE: n/m; not a meaningful number
Price to FFO: 17.7×; its own FFO
Price to sales: 6.2×
EV/EBIT: 43.1×
Revenue, 12 months: $69.5M
Net margin: 2.1%

FrontView REIT trades at 17.7× its funds from operations, the earnings measure REITs are valued on. Revenue was $69.5M over the last twelve months with a 2% net margin.

Charts

Financials

Income statement for FVR, by quarter
Income statement	Q1 FY24	Q2 FY24	Q3 FY24	Q1 FY25	Q2 FY25	Q3 FY25	Q4 FY25	Q1 FY26	Q2 FY26
	$15.3M	$14.6M	$14.5M	$16.2M	$17.6M	$16.8M	$16.5M	$18.2M+12%	$18M+3%
SG&A	$718K	$643K	$697K	$2.8M	$3.3M	$3.1M	$3.7M	$3.7M+29%	$3.8M+16%
Interest expense	$6.7M	$6.6M	$6.5M	$4.5M	$4.6M	$4.6M	$4.3M	$4.2M−6%	$4.2M−10%
Pre-tax income	n/a	n/a	n/a	$467K	$1.2M	$7.6M	n/a	$963K+106%	$2.3M+89%
	$162K	$119K	$63K	$102K	$194K	$52K	$2K	$70K−31%	$94K−52%
Net income	−$2.5M	−$2.2M	−$2.4M	−$833K	−$2.9M	$4M	−$4.1M	$320K	$1.2M
	n/a	n/a	n/a	−$0.06	−$0.16	$0.19	−$0.19	$0.00	$0.03
	n/a	n/a	n/a	17.3M	19.1M	27.8M	21.8M	22.3M+29%	23.1M+21%

EPS, diluted: Q4 FY25: quarter's net income to common over its shares, to the cent.

Diluted shares: Q4 FY25: a loss quarter: its basic count, share-days: the 12-month average less the 9-month, weighted by days.

From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.

Peers

Companies in REIT - Specialty nearest FrontView REIT's size, closest first.

Company	Market cap	PE	Its 10y median PE	P/S	Revenue growth	Net margin
FVRFrontView REIT	$433.8M	n/m	n/a	6.2×	n/m	2.1%
TCITranscontinental Realty Investors	$425.1M	51.5×	44.7×	8.5×	+5%	16.1%
FPIFarmland Partners	$447.2M	20.5×	42.2×	8.7×	−6%	49.8%
XRNChiron Real Estate	$397.1M	8.1×	9.7×	2.6×	+8%	37.8%
TRTXTPG RE Finance Trust	$482.1M	11.6×	11.9×	3.3×	−3%	40.2%
OLPOne Liberty Properties	$487.8M	14.2×	17.6×	n/m	n/m	n/m
CHCTCommunity Healthcare Trust	$372.5M	19.4×	95.0×	3.0×	+6%	16.8%
FBRTFranklin BSP Realty Trust	$518.2M	14.5×	13.3×	1.7×	+42%	20.5%
UHTUniversal Health Realty Income Trust	$523.6M	27.1×	34.5×	5.3×	+1%	19.4%
ABRArbor Realty Trust	$544.7M	41.7×	9.1×	1.1×	−16%	12.0%
IVRInvesco Mortgage Capital	$596.3M	3.7×	7.4×	n/m	n/m	n/m
Peer median	$484.9M	17.0×	15.4×	3.2×	+3%	19.9%