Financials Flaherty & Crumrine Preferred Securities Income Fund Inc.

Equities

FFC

US3384781007

Closed End Funds

Market Closed - Nyse 04:10:00 2024-06-07 pm EDT 5-day change 1st Jan Change
14.69 USD -0.15% Intraday chart for Flaherty & Crumrine Preferred Securities Income Fund Inc. +0.48% +5.68%

Valuation

Fiscal Period: November 2018 2019 2020 2021 2022 2023
Capitalization 1 731.1 960.3 1,010 957.1 741 655.3
Enterprise Value (EV) 1 1,181 1,410 1,460 1,459 1,243 1,157
P/E ratio -17.3 x 5.83 x 14.2 x 13.8 x -4.87 x 99.1 x
Yield 8.34% 6.2% 6.21% 7.13% 8.88% 7.7%
Capitalization / Revenue 9.38 x 12.1 x 12.8 x 12.1 x 8.9 x 7.66 x
EV / Revenue 15.2 x 17.7 x 18.5 x 18.5 x 14.9 x 13.5 x
EV / EBITDA - - - - - -
EV / FCF 31.6 x 41.5 x 36.6 x 35.9 x 30.2 x 36.2 x
FCF Yield 3.16% 2.41% 2.73% 2.79% 3.31% 2.76%
Price to Book 0.92 x 1.06 x 1.11 x 1.03 x 0.97 x 0.91 x
Nbr of stocks (in thousands) 44,253 44,253 44,413 44,643 47,349 47,349
Reference price 2 16.52 21.70 22.75 21.44 15.65 13.84
Announcement Date 1/29/19 1/29/20 1/29/21 2/4/22 2/1/23 2/2/24
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: November 2018 2019 2020 2021 2022 2023
Net sales 1 77.92 79.68 79.12 78.87 83.27 85.52
EBITDA - - - - - -
EBIT 1 70.5 72.18 71.7 70.79 75.61 78.41
Operating Margin 90.47% 90.6% 90.62% 89.76% 90.8% 91.69%
Earnings before Tax (EBT) 1 -42.15 165.2 71.39 73.31 -154.6 6.725
Net income 1 -42.15 165.2 71.39 73.31 -154.6 6.725
Net margin -54.1% 207.3% 90.22% 92.95% -185.7% 7.86%
EPS 2 -0.9526 3.722 1.600 1.550 -3.215 0.1396
Free Cash Flow 1 37.32 33.99 39.92 40.65 41.14 31.96
FCF margin 47.9% 42.67% 50.46% 51.55% 49.4% 37.38%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - 20.58% 55.93% 55.46% - 475.29%
Dividend per Share 2 1.378 1.346 1.413 1.528 1.390 1.066
Announcement Date 1/29/19 1/29/20 1/29/21 2/4/22 2/1/23 2/2/24
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: November 2018 2019 2020 2021 2022 2023
Net Debt 1 450 450 450 502 502 502
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 37.3 34 39.9 40.7 41.1 32
ROE (net income / shareholders' equity) -4.97% 19.4% 7.83% 7.73% -17.6% 0.89%
ROA (Net income/ Total Assets) 3.38% 3.46% 3.29% 3.1% 3.42% 3.9%
Assets 1 -1,247 4,777 2,171 2,363 -4,522 172.6
Book Value Per Share 2 18.00 20.40 20.60 20.70 16.10 15.20
Cash Flow per Share - - - - - -
Capex - - - - - -
Capex / Sales - - - - - -
Announcement Date 1/29/19 1/29/20 1/29/21 2/4/22 2/1/23 2/2/24
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
2
Last Close Price
14.69
Average target price
-
Consensus
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