First Real Estate Investment of New Jersey (FREVS) AI Stock Analysis

• Market Cap: $124.63M
• Dividend Yield: 1.86%
• Average Volume (3M): 322.00
• Price to Earnings (P/E): 7.6
• Beta (1Y): 0.15
• Revenue Growth: 1.19%
• EPS Growth: N/A
• Country: US
• Employees: 23
• Sector: Real Estate
• Sector Strength: 74
• Industry: REITs
• EPS (TTM): 2.12
• Shares Outstanding: 7,462,993
• 10 Day Avg. Volume: 190
• 30 Day Avg. Volume: 322
• PEG Ratio: 0.00382
• Price to Book (P/B): N/A
• Price to Sales (P/S): 5.58
• Price to Cash Flow (P/CF): 165.90
• P/FCF Ratio: 13.80
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

The overall score is driven primarily by challenges in financial performance, with high leverage and declining profitability. However, positive market momentum and a favorable valuation provide support. The lack of specific earnings guidance adds uncertainty, but the recent positive stock price movement suggests investor optimism. The company's ability to enhance profitability and manage debt will be critical for future performance.

First Real Estate Investment of New Jersey Business Overview & Revenue Model

Company Description

First Real Estate Investment of New Jersey (FREVS) is a dynamic real estate investment company specializing in the acquisition, development, and management of residential and commercial properties across New Jersey. The company focuses on generating value through strategic property investments, offering comprehensive property management services, and leveraging industry expertise to optimize portfolio performance. FREVS is committed to delivering exceptional returns to its investors while fostering sustainable community development.

How the Company Makes Money

FREVS makes money primarily through rental income from its portfolio of residential and commercial properties. The company invests in properties that have strong potential for appreciation and revenue generation. This is achieved by targeting undervalued or high-demand areas, implementing value-add strategies, and maintaining high occupancy rates through effective property management. Additionally, FREVS generates revenue through property sales, particularly when market conditions favor capitalizing on appreciated asset values. The company may also engage in real estate development projects, where it earns profits from developing and selling properties. Partnerships with local businesses, real estate agents, and financial institutions help FREVS access opportunities and resources that enhance its investment strategies and revenue generation capabilities.

First Real Estate Investment of New Jersey Financial Statement Overview

Summary

First Real Estate Investment of New Jersey faces challenges in revenue and profit growth, alongside high financial leverage. While operational efficiencies remain strong, the company should focus on improving profitability and reducing debt to enhance financial stability.

Income Statement

The income statement shows a significant decline in total revenue from 2022 to 2023, with a revenue decrease of 9.34%. The net profit margin has also decreased from 14.71% in 2022 to 2.68% in 2023, indicating reduced profitability. However, EBIT and EBITDA margins remain high, suggesting strong operational efficiency before accounting for interest, taxes, depreciation, and amortization.

Balance Sheet

The balance sheet reflects high leverage with a debt-to-equity ratio of 5.66 in 2023, indicating significant reliance on debt financing. The equity ratio is low at 15.40%, showing limited equity funding relative to total assets. Return on equity has dropped significantly from 177.51% in 2022 to 3.10% in 2023, reflecting diminished returns for shareholders.

Cash Flow

Cash flow analysis reveals a substantial decrease in operating cash flow, with a decline in free cash flow from 2022 to 2023. The free cash flow to net income ratio is low, indicating limited free cash generation relative to net income. However, operating cash flow remains positive, supporting ongoing business operations.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
28.68M	28.34M	31.27M	50.29M	52.73M
	Gross Profit
22.69M	11.65M	25.07M	42.23M	44.04M
	EBIT
11.87M	10.35M	5.79M	13.50M	10.84M
	EBITDA
11.87M	10.35M	10.89M	22.80M	23.00M
	Net Income Common Stockholders
15.85M	760.00K	45.99M	-9.95M	6.63M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
44.17M	14.55M	49.58M	35.89M	36.86M
	Total Assets
162.26M	159.12M	178.65M	346.11M	355.21M
	Total Debt
128.07M	137.06M	138.07M	299.88M	305.43M
	Net Debt
-14.91M	123.84M	88.49M	263.99M	268.57M
	Total Liabilities
136.08M	140.64M	153.91M	314.15M	324.35M
	Stockholders Equity
33.36M	24.52M	25.91M	36.57M	34.90M
Cash Flow		Free Cash Flow
20.16M	1.39M	5.75M	10.28M	1.59M
	Operating Cash Flow
20.16M	2.68M	7.32M	12.22M	3.64M
	Investing Cash Flow
-6.11M	-25.31M	249.69M	-1.79M	-2.98M
	Financing Cash Flow
-13.19M	-17.51M	-237.55M	-10.90M	-3.63M

First Real Estate Investment of New Jersey Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 16.70
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FREVS, the sentiment is Positive. The current price of 16.7 is above the 20-day moving average (MA) of 16.46, below the 50-day MA of 16.81, and above the 200-day MA of 16.66, indicating a neutral trend. The MACD of -0.10 indicates Negative momentum. The RSI at 52.50 is Neutral, neither overbought nor oversold. The STOCH value of 23.37 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FREVS.

First Real Estate Investment of New Jersey Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PSA	75 Outperform	$53.23B	28.53	21.01%	4.10%	3.94%	-3.81%
IRT	75 Outperform	$4.97B	118.08	1.14%	3.11%	-3.17%	―
EQR	69 Neutral	$26.97B	25.13	9.36%	3.95%	3.80%	24.08%
LADR	68 Neutral	$1.48B	13.25	7.06%	8.07%	-5.09%	6.25%
FREVS	67 Neutral	$124.63M	7.57	54.78%	1.86%	1.19%	―
UMH	65 Neutral	$1.48B	542.12	2.67%	4.86%	8.88%	―
GNL	63 Neutral	$1.86B	―	-5.48%	14.10%	56.29%	55.99%
Sector *	61 Neutral	$4.76B	18.33	-3.11%	9.66%	6.25%	-20.78%