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FCPT vs HIW

FCPT
Four Corners Property Trust, Inc.
BEARISH
Price
$25.43
Market Cap
$2.79B
Sector
Real Estate
AI Confidence
85%
HIW
Highwoods Properties, Inc.
BEARISH
Price
$24.08
Market Cap
$2.66B
Sector
Real Estate
AI Confidence
85%

Valuation

P/E Ratio
FCPT
23.33
HIW
16.61
Forward P/E
FCPT
21.14
HIW
31.68
P/B Ratio
FCPT
2.45
HIW
1.13
P/S Ratio
FCPT
9.49
HIW
3.28
EV/EBITDA
FCPT
11.49
HIW
13.5

Profitability

Gross Margin
FCPT
85.38%
HIW
67.67%
Operating Margin
FCPT
62.56%
HIW
26.16%
Profit Margin
FCPT
38.2%
HIW
19.74%
ROE
FCPT
7.3%
HIW
6.68%
ROA
FCPT
3.67%
HIW
2.15%

Growth

Revenue Growth
FCPT
6.9%
HIW
-1.6%
Earnings Growth
FCPT
0.6%
HIW
--

Financial Health

Debt/Equity
FCPT
0.98
HIW
1.49
Current Ratio
FCPT
0.48
HIW
2.38
Quick Ratio
FCPT
0.47
HIW
1.88

Dividends

Dividend Yield
FCPT
5.76%
HIW
8.31%
Payout Ratio
FCPT
131.33%
HIW
137.93%

AI Verdict

FCPT BEARISH

FCPT exhibits significant valuation misalignment, with a current price of $25.43 trading far above its Graham Number ($15.94) and Intrinsic Value ($8.61). While the Piotroski F-Score of 4/9 indicates stable financial health, the company's dividend profile is unsustainable with a payout ratio of 131.33%. Stagnant earnings growth (0.60% YoY) and a bearish technical trend (0/100) further undermine the bullish analyst consensus. The combination of overvaluation and poor liquidity (Current Ratio 0.48) suggests a high risk of price correction.

Strengths
Strong operating margins (62.56%) and gross margins (85.38%)
Consistent earnings track record over 25 quarters
Manageable Debt/Equity ratio (0.98) relative to sector averages
Risks
Unsustainable dividend payout ratio (131.33%)
Severe overvaluation relative to Graham and Intrinsic value models
Poor short-term liquidity with a Current Ratio of 0.48
HIW BEARISH

HIW presents a precarious profile characterized by a stable but mediocre Piotroski F-Score of 4/9 and a stark divergence between its Graham Number ($26.42) and Intrinsic Value ($10.15). While the current price of $24.08 sits below the defensive fair value, the company is plagued by negative revenue growth (-1.60%) and a highly unsustainable dividend payout ratio of 137.93%. The technical trend is completely bearish (0/100), and the significant jump in Forward P/E (31.68) compared to current P/E (16.61) suggests a projected decline in earnings. Overall, the stock appears to be a value trap where the high yield is not supported by fundamental earnings.

Strengths
Current price is below the Graham Number ($26.42), suggesting some defensive value
Strong gross margins (67.67%) and operating margins (26.16%)
Healthy liquidity ratios with a Current Ratio of 2.38 and Quick Ratio of 1.88
Risks
Unsustainable dividend payout ratio of 137.93%, risking a dividend cut
Negative YoY revenue growth (-1.60%) indicating a lack of top-line momentum
Severe overvaluation relative to growth as evidenced by a PEG ratio of 7.77

Compare Another Pair

FCPT vs HIW: Head-to-Head Comparison

This page compares Four Corners Property Trust, Inc. (FCPT) and Highwoods Properties, Inc. (HIW) across key fundamental metrics including valuation ratios, profitability margins, growth rates, financial health indicators, and dividend metrics. Each metric highlights the better-performing stock so you can quickly identify relative strengths and weaknesses.

Our AI engine independently analyzes each company's financials, competitive position, and market conditions to produce a verdict (Bullish, Neutral, or Bearish) along with key strengths and risks. Use this comparison alongside your own research to make informed investment decisions.

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