Added to YB: 2025-01-24
Pitch date: 2025-01-24
FP.V [bullish]
FP Newspapers Inc.
+37.93%
current return
Author Info
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Company Info
FP Newspapers Inc. publishes, prints, and distributes daily and weekly newspapers, and specialty publications in Manitoba.
Market Cap
CAD 5.0M
Pitch Price
CAD 0.58
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
3.70
EV/Sales
2.45
Sector
Media
Category
value
FP Newspapers Inc. - $FP-V
FP.V: Dominant Canadian newspaper at 1-2x EBITDA. No debt, real estate worth multiples of $6.8M CAD market cap. $5M annual FCF. 49% stake in FPLP (Winnipeg Free Press). Monopolistic share, loyal audience. Risks: declining print revenue, union costs, tax credit elimination. Deep value play with real estate worth 2.2-3.5x market cap. Recent $8M press write-off. Controlled company.
Read full article (4 min)