FIRM CAPITAL MORTGAGE INV. CORP. chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 1.16
Dividend & Yield0.94C$ (7.80%)
Beta 0.92
Market capitalization 403.8M
Operating cash flow 46.07M
ESG Scores unknown

Company description

Firm Capital Mortgage Investment Corporation, through its mortgage banker, Firm Capital Corporation, provides residential and commercial short-term bridge, and conventional real estate finance in Canada. It engages in originating, funding, purchasing, and servicing mortgage investments. The company also offers mortgage services, such as real estate financing, real estate investment financing, capital market, and loan servicing and advisory services; and a line of lending programs, including construction and development lending, investment property financing, short term lending, bridge finance, mezzanine and equity investments, capital market facilities, residential and non-conventional house lending, and condominium capital improvement loans, as well as special situation loans. In addition, it provides related investment services. The company was founded in 1988 and is based in Toronto, Canada.

Sector: Financial Services - Industry: Mortgage Finance

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities -260.43k -285.9k 286.95k 452.34k
Total Cashflows From Investing Activities 40.56M 40.01M -77.8M -83.52M
Net Borrowings -12.68M -47.13M 34.42M 46.41M
Total Cash From Financing Activities -54M -60.21M 22.51M 40.35M
Change To Operating Activities -1.07M -1.44M -1.75M -1.76M
Issuance Of Stock 1.02M 26.99M 27.53M 35.77M
Net Income 25.75M 28M 26.35M 29.99M
Change In Cash 27.56M 20.44M -17.49M -1.88M
Effect Of Exchange Rate
Total Cash From Operating Activities 41.01M 40.65M 37.79M 41.29M
Depreciation
Change To Account Receivables
Other Cashflows From Financing Activities -16.08M -12.92M -10.47M -12.22M
Change To Netincome 15.3M 13.1M 11.86M 11.52M
Capital Expenditures

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax 25.75M 28M 26.35M 29.99M
Net Income 25.75M 28M 26.35M 29.99M
Selling General Administrative 4.99M 4.92M 4.98M 5.3M
Gross Profit 30.74M 32.92M 32.24M 37.96M
Ebit
Operating Income 25.75M 28M 26.35M 32.59M
Interest Expense
Income Tax Expense
Total Revenue 30.74M 32.92M 32.24M 37.96M
Cost Of Revenue
Total Other Income ExpenseNet -10.4k -2.6M
Net Income From Continuing Ops 25.75M 28M 26.35M 29.99M
Net Income Applicable To Common Shares 25.75M 28M 26.35M 29.99M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 233.96M 165.9M 214.53M 259.04M
Total Stockholder Equity 286.11M 313.9M 343.35M 382.67M
Other Current Liabilities 3.35M 4.19M 2.65M 3.02M
Total Assets 520.07M 479.8M 557.87M 641.71M
Common Stock 282.36M 310.16M 339.78M 376.81M
Other Current Assets 128.7k 136.36k 224.11k 169.22k
Retained Earnings -286.65k -286.65k -1.36M -1.36M
Treasury Stock 3.35M 2.2M 3.06M 5.34M
Cash
Total Current Liabilities 73.21M 25.78M 76.32M 79.8M
Other Stockholder Equity 3.35M 2.2M 3.06M 5.34M
Property, Plant, and Equipment
Total Current Assets 520.07M 479.8M 557.87M 641.71M
Net Tangible Assets 286.11M 313.9M 343.35M 382.67M
Net Receivables 503.5M 444.36M 521.96M 627.57M
Accounts Payable 1.25M 1.41M 2.23M


Insider Transactions

Here are the insider transactions of stock shares related to FIRM CAPITAL MORTGAGE INV. CORP.:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Newbould (Francis J.C.)Acquisition or disposition under a purchase/ownership plan at price 11.27 per share.D2022-04-14Director of Issuer92
Newbould (Francis J.C.)Acquisition or disposition in the public market at price 10.93 per share.D2022-04-14Director of Issuer5.52k
Goldfarb (Stanley)Exercise of options at price 9.29 per share.D2022-03-16Director of Issuer45k
Newbould (Francis J.C.)D2021-12-31Director of Issuer326
Newbould (Francis J.C.)I2021-12-31Director of Issuer31
Newbould (Francis J.C.)I2021-12-31Director of Issuer367
Newbould (Francis J.C.)I2021-12-31Director of Issuer122
Dadouch (Eli)I2021-12-31Director of Issuer1.97k
Mair (Jonathon)Acquisition or disposition under a prospectus at price 12.01 per share.D2021-11-01Director of Issuer80k
Warner, Michael AnthonyAcquisition or disposition under a prospectus at price 12.01 per share.D2021-11-01Director of Issuer35k
Dadouch (Eli)Acquisition or disposition under a prospectus at price 12.01 per share.D2021-11-01Director of Issuer355k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to FIRM CAPITAL MORTGAGE INV. CORP.. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on FIRM CAPITAL MORTGAGE INV. CORP.

Here is the result of two systematic investment strategies applied to FIRM CAPITAL MORTGAGE INV. CORP.. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on FIRM CAPITAL MORTGAGE INV. CORP.

The following chart shows the equity curve of the two systematic investment strategies applied to FIRM CAPITAL MORTGAGE INV. CORP.:

FIRM CAPITAL MORTGAGE INV. CORP. automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -2.35% on the backtest period.

Performance at glance

Performance

-2.35 %

Latent gain

-35.19 C$

Invested capital

1497.06 C$

Annualized return

-0.57 %
Build your Trading System
Automated Trading using Prorealtime ebook

Momentum strategy results on FIRM CAPITAL MORTGAGE INV. CORP.

This is the result of two momentum investment strategies applied to FIRM CAPITAL MORTGAGE INV. CORP.. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on FIRM CAPITAL MORTGAGE INV. CORP.

The following chart shows all the entries opened by the momentum investment system on FIRM CAPITAL MORTGAGE INV. CORP.:

FIRM CAPITAL MORTGAGE INV. CORP. momentum entries
  • The first momentum investment strategy would give 0.15% of return on FIRM CAPITAL MORTGAGE INV. CORP.. That represents 10.69C$ of latent gain with 7008.92C$ of employed capital.
  • The second momentum investment strategy would give 0.35% of return on FIRM CAPITAL MORTGAGE INV. CORP.. That represents 15.73C$ of latent gain with 4541.09C$ of employed capital.
Performance at glance (1Q Momentum)

Performance

0.15 %

Latent gain

10.69 C$

Invested capital

7008.92 C$

Annualized return

0.0 %
Performance at glance (2Q Momentum)

Performance

0.35 %

Latent gain

15.73 C$

Invested capital

4541.09 C$

Annualized return

0.1 %

Momentum equity curve on FIRM CAPITAL MORTGAGE INV. CORP.

The following chart shows the equity curve of the two momentum strategies applied to FIRM CAPITAL MORTGAGE INV. CORP.:

FIRM CAPITAL MORTGAGE INV. CORP. momentum equity

Note: the dividends potentially given by FIRM CAPITAL MORTGAGE INV. CORP. are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on FIRM CAPITAL MORTGAGE INV. CORP.

The following chart shows the employed capital evolution of the two momentum strategies on FIRM CAPITAL MORTGAGE INV. CORP. since the beginning:

FIRM CAPITAL MORTGAGE INV. CORP.

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250C$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000C$.


Buy the dip strategy result on FIRM CAPITAL MORTGAGE INV. CORP.

Buy the dip entry openings on FIRM CAPITAL MORTGAGE INV. CORP.

FIRM CAPITAL MORTGAGE INV. CORP.

The performance achieved by the robo-advisor on FIRM CAPITAL MORTGAGE INV. CORP. is 0%. That represents 0.0$ of latent gain with 0.0C$ of employed capital. The following chart shows FIRM CAPITAL MORTGAGE INV. CORP. stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of FIRM CAPITAL MORTGAGE INV. CORP., and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 C$

Invested capital

0.0 C$

Annualized return

0.0 %

Equity curve of the strategy applied to FIRM CAPITAL MORTGAGE INV. CORP.

The following chart shows the result of the investment strategy applied to FIRM CAPITAL MORTGAGE INV. CORP.:

FIRM CAPITAL MORTGAGE INV. CORP.

Note: the dividends potentially given by FIRM CAPITAL MORTGAGE INV. CORP. are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on FIRM CAPITAL MORTGAGE INV. CORP.

The following chart shows the employed capital evolution since the beginning of the investment strategy on FIRM CAPITAL MORTGAGE INV. CORP.:

FIRM CAPITAL MORTGAGE INV. CORP.

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on FIRM CAPITAL MORTGAGE INV. CORP.

In this section, I will compare the three previous investment strategies applied to FIRM CAPITAL MORTGAGE INV. CORP..

Equity curve comparison on FIRM CAPITAL MORTGAGE INV. CORP.

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

FIRM CAPITAL MORTGAGE INV. CORP. investment strategy comparison

Employed capital comparison on FIRM CAPITAL MORTGAGE INV. CORP.

FIRM CAPITAL MORTGAGE INV. CORP. investment comparison

Performance comparison on FIRM CAPITAL MORTGAGE INV. CORP.

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -2.35% -35.19C$ 1497.06C$ -0.57%
Momentum 1 quarter 0.15% 10.69C$ 7008.92C$ 0.04%
Momentum 2 quarters 0.35% 15.73C$ 4541.09C$ 0.1%
Non-directional 0% 0.0C$ 0.0C$ 0.0%
Annualized return comparison

Automatic investment

-0.57 %

Momentum 1Q

0.1 %

Momentum 2Q

0.1 %

Non-directional

0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with FIRM CAPITAL MORTGAGE INV. CORP.:

Positive correlations

Most correlated stocks this year

  • FIRM CAPITAL MORTGAGE INV. CORP.

  • Most correlated stocks last 3 months

  • Bridgewater Bancshares Inc
  • Agilysys Inc
  • National Vision Holdings Inc
  • Heartland Financial USA Inc
  • First Internet Bancorp
  • BJ`s Restaurant Inc
  • Texas Roadhouse Inc
  • WideOpenWest Inc
  • CHS Inc
  • McGrath Rentcorp
  • Mechel PJSC
  • CMS Energy Corporation
  • CrossAmerica Partners LP
  • TPG RE Finance Trust Inc
  • Stifel Financial Corp
  • Prosperity Bancshares Inc
  • Texas Capital Bancshares Inc
  • Enova International Inc
  • Globe Life Inc
  • RE/MAX Holdings Inc - Class A
  • KB Home
  • Caci International Inc
  • PJT Partners Inc - Class A
  • Performance Food Group Company
  • Allstate Corp (The)
  • iShares Trust iShares Preferred and Income Securit
  • American Express Company
  • Cowen Inc
  • TopBuild Corp
  • Tennessee Valley Authority
  • BMO LOW VOLATILITY US EQUITY ETF CAD
  • Mercury General Corp
  • PTC Inc
  • KKR Real Estate Finance Trust Inc
  • Two Harbors Investment Corp
  • Great Ajax Corp
  • ALTUS GROUP LIMITED
  • Four Corners Property Trust Inc
  • MFS Charter Income Trust
  • Algonquin Power & Utilities Corp
  • Thomson-Reuters Corp
  • Monarch Casino & Resort Inc
  • First Trust Utilities AlphaDEX Fund
  • FIRM CAPITAL MORTGAGE INV. CORP.
  • Spirit Realty Capital Inc
  • Bank of James Financial Group Inc
  • Controladora Vuela Cia De Aviacion
  • SS&C Technologies Holdings Inc
  • ALGONQUIN POWER AND UTILITIES CORP.
  • Chesapeake Utilities Corp
  • BlackRock Utility Infrastructure & Power Opportuni
  • WSP GLOBAL INC
  • TC Energy Corporation
  • HYDRO ONE LIMITED
  • Deckers Outdoor Corp
  • AGNC Investment Corp Depositary Shares Each Repres
  • Plymouth Industrial Reit Inc

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months


    Note: The algorithm computes the probability of correlation between FIRM CAPITAL MORTGAGE INV. CORP. and the other stocks. There may be false positives or some missing correlated stocks. If the price of FIRM CAPITAL MORTGAGE INV. CORP. does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name FIRM CAPITAL MORTGAGE INV. CORP.
    Country Canada
    City Toronto
    Address 163 Cartwright Avenue
    Phone
    Website firmcapital.com/fcmic
    FullTime employees
    Industry Mortgage Finance
    Sector Financial Services
    Exchange XTSE
    Ticker FC.XTSE
    Market

    FIRM CAPITAL MORTGAGE INV. CORP. ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown