Comparing FRP (NASDAQ:FRPH) and Hammerson (OTCMKTS:HMSNF)

Hammerson (OTCMKTS:HMSNF) and FRP (NASDAQ:FRPH) are both finance companies, but which is the better business? We will contrast the two businesses based on the strength of their earnings, profitability, risk, valuation, analyst recommendations, institutional ownership and dividends.

Profitability

This table compares Hammerson and FRP’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Hammerson	N/A	N/A	N/A
FRP	10.90%	1.00%	0.64%

Valuation & Earnings

This table compares Hammerson and FRP”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Hammerson	$278.73 million	N/A	$306.03 million	N/A	N/A
FRP	$41.77 million	10.67	$6.39 million	$0.24	97.17

Hammerson has higher revenue and earnings than FRP.

Analyst Ratings

This is a summary of current recommendations for Hammerson and FRP, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Hammerson	0	3	1	0	2.25
FRP	1	0	0	0	1.00

Volatility & Risk

Hammerson has a beta of 1.16, suggesting that its share price is 16% more volatile than the S&P 500. Comparatively, FRP has a beta of 0.55, suggesting that its share price is 45% less volatile than the S&P 500.

Insider & Institutional Ownership

45.4% of FRP shares are owned by institutional investors. 22.8% of FRP shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

About Hammerson

Hammerson is a cities business. An owner, operator and developer of prime urban real estate, with a portfolio value of £4.7billion (as at 30 June 2023), in some of the fastest growing cities in the UK, Ireland and France. Our portfolio and adjacent lands leverage our experience and capabilities to create and manage exceptional city centre destinations with the opportunity to drive value and reshape entire neighbourhoods. Our assets are high profile and play an important role in our communities, welcoming c. 175 million visitors each year and supporting 20,000+ jobs though our retail, dining and social occupiers. These destinations include Bullring in Birmingham, The Oracle in Reading, Dundrum Estate, Dublin and Terraces du Port in Marseille. We also hold investments in Value Retail, best-in-class villages such as Bicester Village, Oxfordshire. Hammerson also holds 80 acres of attractive pre-development and strategic land. This includes complementary adjacent land, creating optionality to enhance both the scale and diversity of the existing estate, and stand-alone land opportunities. These include Martineau Galleries in Birmingham and Bishopsgate Goodsyard, Shoreditch.

About FRP

FRP Holdings, Inc. engages in the real estate business in the United States. It operates through four segments: Industrial and Commercial, Mining Royalty Lands, Development, and Multifamily. The Industrial and Commercial segment owns, leases, and manages commercial properties. The Mining Royalty Lands segment leases and manages mining royalties owned by the company primarily in Florida, Georgia, and Virginia. The Development segment owns and monitors the use of parcels of land that are in various stages of development; and acquires, constructs, and develops primarily for apartment, retail, warehouse, and office buildings. The Multifamily segment owns, leases, and manages buildings through joint ventures. The company was incorporated in 2014 and is based in Jacksonville, Florida.