FR

FrontView REIT, Inc.

FVR·NYSE

$17.90

-1.9%
Real EstateREIT - Diversified

FrontView REIT specializes in real estate investing.

At a Glance

Live Snapshot
Market Cap$405.47M
EPS-0.1900
P/E Ratio-94.21
Earnings Date08/12/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal · Driver · Risk

Signal

Medium confidence

Valuation multiple is compressed (P/E -94.2).

Valuation inputs: P/E -94.2, earnings yield N/A, momentum -1.9%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE -1.0%, ROIC +10.0%).

Profitability stack: net margin -5.7%, ROE -1.0%, ROIC +10.0%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Risk profile is balanced but has notable pressure points to monitor.

Risk factors: liabilities/assets +42.3%, momentum -1.9%, net margin -5.7%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

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FrontView REIT, Inc. Market vs Earnings Trajectory

FVR · NYSE

Loading price and EPS data...

FR

FrontView REIT, Inc. Fair Value Envelope

FVR · NYSE

Our analysis suggests that FVR has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $17.9, this represents a potential HIDDEN relative to our calculated worth for FrontView REIT, Inc..

Intrinsic Value
Current Price: $17.9
3Y-37.0%
5Y-179.0%
10Y-179.0%
3Y+68.0%
5Y+5257.0%
10Y+5257.0%
3Y-14.0%
5Y-794.0%
10Y-794.0%
3Y+82.0%
5Y-9385.0%
10Y-9385.0%
3Y+82.0%
5Y-9385.0%
10Y-9385.0%
3Y+36.0%
5Y+2512.0%
10Y+2512.0%
FR

FrontView REIT, Inc. Profit Bridge

FVR · NYSE
Revenue67.11M
Cost of Goods Sold (75.95M)
Gross Profit-8.84M
Operating Expenses (-20.17M)
Operating Income11.33M
Interest Expense (18.02M)
Other Income/Expense-16.55M
Pretax Income-5.21M
Income Tax (350.00K)
Net Income-3.83M
Net Income
-3.83M

Profitability Analysis

Gross Margin

-13.2%

Negative gross margin indicates the company is losing money on each sale—unsustainable long-term.

Operating Margin

16.9%

Healthy operating margins demonstrate effective cost control and strong business fundamentals.

Net Profit Margin

-5.7%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Profitability Insight

Interest or tax burden: Strong operational performance but thin net margins indicate high interest expenses or unfavorable tax position eating into profits.

-13.17%
Gross Profit Margin
-117%
3Y-117.0%
5Y-118.0%
10Y-118.0%
16.88%
Operating Profit Margin
-169%
3Y-228.0%
5Y-74.0%
10Y-74.0%
-5.71%
Net Profit Margin
-85%
3Y-49.0%
5Y-113.0%
10Y-113.0%
-0.98%
Return on Equity
-86%
3Y-52.0%
5Y-155.0%
10Y-155.0%
-0.45%
Return on Assets
-83%
3Y-37.0%
5Y-127.0%
10Y-127.0%
10.03%
Return on Invested Capital
-648%
3Y-1270.0%
5Y+481.0%
10Y+481.0%
F

FrontView REIT, Inc. Cash Conversion Engine

FVR · NYSE
Net Income-3.83M
Depreciation & Amortization33.11M
Stock-Based Compensation1.96M
Change in Working Capital8.61M
Others2.28M
Capital Expenditures0.00
Free Cash Flow42.13M

Cash Flow Quality Analysis

FCF Conversion Rate

-1100.3%

Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.

FCF Growth Trend

+105.4%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

+$8.61M

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

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FrontView REIT, Inc. Funding & Solvency Profile

FVR · NYSE
Cash & Cash Equivalents9.29M
Net Receivables0.00
Inventory0.00
Other Current Assets0.00
Total Current Assets9 M
Property, Plant & Equipment0.00
Goodwill & Intangible Assets97.35M
Long-Term Investments0.00
Other Non-Current Assets0.00
Total Non-Current Assets0
Total Assets
869.77M

Financial Health Analysis

Current Ratio

0.66x

Warning: Liquidity concerns. Current assets may not be sufficient to cover short-term obligations.

Debt-to-Equity Ratio

0.69x

Balanced capital structure with moderate leverage. Equity exceeds debt, suggesting healthy financial stability.

Working Capital

-4879000

Negative working capital indicates short-term liabilities exceed short-term assets—potential liquidity stress.

Asset Composition

1% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Negative working capital with limited cash reserves requires immediate attention—potential liquidity crisis if not addressed promptly.

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FrontView REIT, Inc. Street Expectations Map

FVR · NYSE

Wall Street analysts project that FVR stock may experience modest gains over the coming 12 months. The consensus 1-year price target stands at 18.33, with estimates ranging from a low of 14.00 to a high of 21.00.

Lowest Target
14.00
-21.79%
Consensus Target
18.33
2.40%
Highest Target
21.00
17.32%

The consensus 1-year price target stands at 18.33, with estimates ranging from a low of 14.00 to a high of 21.00.

Analyst Consensus Analysis

Upside Potential

+2.4%

Fair value territory. Stock trading near consensus target suggests limited near-term catalysts. Focus on fundamental developments.

Analyst Agreement

38.2% spread

Good consensus alignment. Moderate target spread reflects general agreement on value drivers with some variance in assumptions.

Risk-Reward Profile

0.79x

Unfavorable risk-reward. Downside risk exceeds upside potential. Consider defensive positioning or alternative opportunities.

Analyst Conviction

Moderate

Neutral sentiment. Fair value pricing with moderate agreement suggests wait-and-see approach or catalyst-driven opportunity.

Market Sentiment Insight

Monitor and evaluate: Current analyst consensus suggests limited conviction or near-term catalysts. Stay informed on company developments and reassess positioning as new information emerges.

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FrontView REIT, Inc. Insider Positioning

FVR · NYSE

During the last 12 months, insiders have purchased $331K and sold $325K worth of FVR shares, resulting in $6K of net buying activity.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

0

0.00

Sold

23.4K

325.01K

Net Activity

-325K

-$325K

9-12 Months

Bought

25.2K

330.57K

Sold

0

0.00

Net Activity

+331K

+$331K

Top Buyers

1
PS

Preston Stephen

Director, Officer: Chairman, Co-Ceo And Co-Pres

14.8K shares1 transactions

$195K

2
GRS

Green Robert S.

Director

7.6K shares1 transactions

$100K

3
FEF

Frank Elizabeth F

Director

2.8K shares1 transactions

$35K

Top Sellers

1
PS

Preston Stephen

Director, Officer: Chairman, Ceo And President

20.7K shares1 transactions

$288K

2
ID

Ireland Drew

Officer: Chief Operating Officer

2.7K shares1 transactions

$37K

Insider Activity Analysis

Net Insider Sentiment

Bullish

Moderately bullish with $6K net buying. Insiders show cautious optimism through measured share purchases.

Buy/Sell Ratio

1.02:1

Positive buy/sell ratio. Buying exceeds or matches selling, indicating net positive insider sentiment.

Insider Participation

Moderate Buying

3 insider buyers vs. 2 sellers. More insiders buying than selling indicates positive sentiment.

Insider Activity Insight

Broad-based insider buying: When multiple insiders independently decide to purchase shares, it often reflects genuine confidence rather than coordinated optics. This pattern deserves attention, especially if buying followed a price decline.

0.07%
Dividend Yield
-98%
3Y-95.0%
5Y-
10Y-
 

fvr Dividend History

FVR
10Y CAGR +0%
Latest $0.215
Annual $1.29
Dividend decline trend
Last Period: 50%