Added to YB: 2025-03-24
Pitch date: 2025-03-21
FPH [neutral]
Five Point Holdings, LLC
+0.18%
current return
Author Info
No bio for this author
Company Info
Five Point Holdings, LLC designs, owns, and develops mixed-use planned communities in Orange County, Los Angeles County, and San Francisco County.
Market Cap
$384.1M
Pitch Price
$5.49
Price Target
N/A
Dividend
N/A
EV/EBITDA
9.93
P/E
11.36
EV/Sales
18.34
Sector
Real Estate Management and Development
Category
special_situation
Five Point Holdings (FPH): Debt Reduction Plan Could Unlock Significant Value
FPH (potential debt reduction): $431M cash, $525M 10.5% notes callable at 102. $200M debt reduction + 8% refi = $21M/yr benefit. $200M net income + undrawn RC suggests >$200M paydown possible. CFO at JPM HY conf, likely comprehensive refi soon. Potential for significant interest savings.
Read full article (1 min)