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Firm Cap Mortgage Invest
(TSX:FC)
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Rating:71Outperform
Price Target:
C$13.00
â–²(10.17% Upside)
Action:Reiterated
Date:08/19/26
The score is driven primarily by strong profitability and a relatively conservative balance sheet, supported by a favorable valuation and high dividend yield. Offsetting these positives are a weakening revenue trend, cash-flow volatility, and currently soft technical momentum.
Positive Factors
Strong Profitability
High and sustained profitability provides an internal source of capital, supports dividend capacity, and offers a cushion against moderate revenue pressure. Strong gross-profit retention indicates the mortgage-focused model currently converts revenue into earnings efficiently.
Negative Factors
Declining Revenue Trend
A weakening top line can limit future earnings expansion and reduce operating leverage if the trend persists. For a mortgage-focused company, softer revenue may signal slower portfolio growth, weaker origination conditions, or pressure on recurring income.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong Profitability
High and sustained profitability provides an internal source of capital, supports dividend capacity, and offers a cushion against moderate revenue pressure. Strong gross-profit retention indicates the mortgage-focused model currently converts revenue into earnings efficiently.
Read all positive factors
Firm Cap Mortgage Invest (FC) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$433.53M
Dividend Yield8.68%
Average Volume (3M)42.31K
Price to Earnings (P/E)12.2
Beta (1Y)0.44
Revenue Growth-10.14%
EPS Growth-7.73%
CountryCA
Employees1
SectorFinancial
Sector Strength70
IndustryFinancial - Mortgages
Share Statistics
EPS (TTM)0.96
Shares Outstanding36,739,857
10 Day Avg. Volume51,687
30 Day Avg. Volume42,308
Financial Highlights & Ratios
PEG Ratio-1.29
Price to Book (P/B)1.01
Price to Sales (P/S)6.45
P/FCF Ratio9.11
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.98
Revenue Forecast (FY)C$56.71M
Firm Cap Mortgage Invest Business Overview & Revenue Model
Company Description
Firm Capital Mortgage Investment Corporation, operating through its mortgage banker Firm Capital Corporation, offers a comprehensive range of real estate financing solutions throughout Canada. Their services cater to both residential and commercia...
Firm Cap Mortgage Invest Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
74
Positive
Cash Flow
70
Positive
| Breakdown | TTM | Dec 2025 | Mar 2025 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 61.19M | 66.72M | 68.63M | 66.22M | 58.02M | 45.30M |
| Gross Profit | 56.71M | 62.01M | 50.82M | 40.81M | 40.14M | 35.36M |
| EBITDA | 49.20M | 49.91M | 58.66M | 34.16M | 32.23M | 29.99M |
| Net Income | 35.07M | 37.47M | 35.23M | 34.16M | 32.23M | 29.99M |
Balance Sheet | ||||||
| Total Assets | 577.23M | 594.78M | 631.22M | 589.61M | 656.18M | 640.28M |
| Cash, Cash Equivalents and Short-Term Investments | 0.00 | 14.26M | 0.00 | 9.37M | 0.00 | 0.00 |
| Total Debt | 146.49M | 160.85M | 199.90M | 182.80M | 251.24M | 252.36M |
| Total Liabilities | 152.00M | 169.66M | 207.84M | 190.42M | 257.13M | 257.61M |
| Stockholders Equity | 425.23M | 425.12M | 423.39M | 399.19M | 399.05M | 382.67M |
Cash Flow | ||||||
| Free Cash Flow | 42.47M | 47.26M | -13.76M | 63.47M | 51.86M | 40.95M |
| Operating Cash Flow | 42.47M | 47.26M | -13.76M | 63.47M | 51.86M | 40.95M |
| Investing Cash Flow | 14.82M | 42.67M | -63.72M | 62.79M | -18.80M | -83.19M |
| Financing Cash Flow | -56.30M | -63.98M | -7.30M | -88.26M | -27.75M | 40.35M |
Firm Cap Mortgage Invest Technical Analysis
Negative
11.80
Price Trends
11.93
Negative
11.88
Negative
11.63
Positive
Market Momentum
-0.05
Positive
41.81
Neutral
27.99
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:FC, the sentiment is Negative. The current price of 11.8 is below the 20-day moving average (MA) of 11.85, below the 50-day MA of 11.93, and above the 200-day MA of 11.63, indicating a neutral trend. The MACD of -0.05 indicates Positive momentum. The RSI at 41.81 is Neutral, neither overbought nor oversold. The STOCH value of 27.99 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:FC.
Firm Cap Mortgage Invest Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | C$433.53M | 12.24 | 8.48% | 8.42% | -10.14% | -7.73% | |
70 Outperform | C$912.52M | 10.53 | 13.08% | 6.53% | 12.78% | 14.21% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
67 Neutral | C$559.85M | 11.64 | 9.06% | 8.65% | -10.85% | -5.88% | |
62 Neutral | C$504.79M | 19.63 | 3.85% | 11.15% | -5.01% | -41.36% | |
52 Neutral | C$479.87M | 24.51 | 7.95% | 9.27% | -1.48% | -47.10% |
* Financial Sector Average
TSE:FC
Firm Cap Mortgage Invest
11.75
0.60
5.38%
TSE:AI
Atrium Mortgage Invest
11.52
0.83
7.72%
TSE:FSZ
Fiera Capital A
4.49
-1.71
-27.63%
TSE:MKP
MCAN Financial
22.22
2.03
10.03%
TSE:TF
Timbercreek Financial
6.01
-1.00
-14.22%
Firm Cap Mortgage Invest Corporate Events
DividendsFinancial Disclosures
Firm Capital Posts Lower Q2 Profit but Maintains Monthly Dividends
Neutral
Aug 13, 2026
Firm Capital Mortgage Investment Corporation reported a 10.7% year-over-year decline in second-quarter net income to $8.6 million and a 12.2% drop in first-half net income to $17.2 million, driven by a smaller average investment portfolio and lowe...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.