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

FPI POWR Grades

• FPI scores best on the Sentiment dimension, with a Sentiment rank ahead of 79.31% of US stocks.
• The strongest trend for FPI is in Growth, which has been heading down over the past 177 days.
• FPI's current lowest rank is in the Value metric (where it is better than 10.52% of US stocks).

FPI Stock Summary

• FPI's current price/earnings ratio is 78.75, which is higher than 92.72% of US stocks with positive earnings.
• For FPI, its debt to operating expenses ratio is greater than that reported by 95.97% of US equities we're observing.
• In terms of volatility of its share price, FPI is more volatile than just 9.26% of stocks we're observing.
• If you're looking for stocks that are quantitatively similar to FARMLAND PARTNERS INC, a group of peers worth examining would be AHCO, NCMI, VIRT, MMP, and KW.
• FPI's SEC filings can be seen here. And to visit FARMLAND PARTNERS INC's official web site, go to www.farmlandpartners.com.

FPI Valuation Summary

• In comparison to the median Real Estate stock, FPI's price/sales ratio is 142.86% higher, now standing at 11.9.
• Over the past 107 months, FPI's price/sales ratio has gone down 10.3.

Below are key valuation metrics over time for FPI.

FPI Growth Metrics

The year over year revenue growth rate now stands at 6.8%.
• Its 4 year net cashflow from operations growth rate is now at 608.39%.
• Its 3 year revenue growth rate is now at -3.04%.

FPI's revenue has moved up $8,694,000 over the prior 49 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
2022-09-30	59.433	15.374	8.934
2022-06-30	56.398	8.077	2.961
2022-03-31	54.054	6.759	-4.903
2021-12-31	51.739	7.856	-5.834
2021-09-30	49.611	10.803	-9.19
2021-06-30	50.11	17.961	-6.12

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 D, ranking ahead of 23.16% of graded US stocks.
• FPI's asset turnover comes in at 0.045 -- ranking 304th of 442 Trading stocks.
• GHL, PSEC, and EQR are the stocks whose asset turnover ratios are most correlated with FPI.

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