Farmland Partners Inc. (FPI): Price and Financial Metrics

FPI POWR Grades

• Sentiment is the dimension where FPI ranks best; there it ranks ahead of 48.31% of US stocks.
• The strongest trend for FPI is in Growth, which has been heading down over the past 47 weeks.
• FPI's current lowest rank is in the Growth metric (where it is better than 8.31% of US stocks).

FPI Stock Summary

• The capital turnover (annual revenue relative to shareholder's equity) for FPI is 0.16 -- better than just 14.25% of US stocks.
• With a one year PEG ratio of 416.71, Farmland Partners Inc is expected to have a higher PEG ratio (a measure of how expensive a stock is relative to its expected earnings growth) than 92.66% of US stocks.
• For FPI, its debt to operating expenses ratio is greater than that reported by 96.8% of US equities we're observing.
• Stocks with similar financial metrics, market capitalization, and price volatility to Farmland Partners Inc are ATAX, MMP, BBGI, TRMT, and NCMI.
• Visit FPI's SEC page to see the company's official filings. To visit the company's web site, go to www.farmlandpartners.com.

FPI Valuation Summary

• FPI's price/earnings ratio is -66.6; this is 277.36% lower than that of the median Real Estate stock.
• FPI's EV/EBIT ratio has moved down 30.8 over the prior 90 months.
• Over the past 90 months, FPI's EV/EBIT ratio has gone down 30.8.

Below are key valuation metrics over time for FPI.

FPI Growth Metrics

• Its 4 year net income to common stockholders growth rate is now at 318.63%.
• Its 3 year price growth rate is now at -42.08%.
• Its 3 year net income to common stockholders growth rate is now at -3.55%.

FPI's revenue has moved up $39,469,616 over the prior 70 months.

The table below shows FPI's growth in key financial areas (numbers in millions of US dollars).

Date	Revenue	Operating Cash Flow	Net Income to Common Stock
2021-06-30	50.11	17.961	-6.12
2021-03-31	50.614	18.265	-3.258
2020-12-31	50.689	19.726	-5.279
2020-09-30	54.651	21.178	-2.175
2020-06-30	53.895	15.849	-4.121
2020-03-31	54.326	17.031	1.727

FPI's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.

• FPI has a Quality Grade of C, ranking ahead of 26.36% of graded US stocks.
• FPI's asset turnover comes in at 0.046 -- ranking 311th of 461 Trading stocks.
• HASI, VER, and ESS are the stocks whose asset turnover ratios are most correlated with FPI.

The table below shows FPI's key quality metrics over time.