Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. First National Financial's annualizedGross Profit for the quarter that ended in Sep. 2025 was C$630.6 Mil.
First National Financial's average Total Assets over the quarter that ended in Sep. 2025 was C$54,011.5 Mil. Therefore, First National Financial's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2025 was 1.17%.
First National Financial Gross-Profit-to-Asset % Related Terms
First National Financial Gross-Profit-to-Asset % Historical Data
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The historical data trend for First National Financial's Gross-Profit-to-Asset % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
First National Financial Gross-Profit-to-Asset % Chart
TSX:FN vs RKT, FNMA, FMCC: Gross-Profit-to-Asset % Comparison
For the Mortgage Finance subindustry, First National Financial's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
First National Financial Gross-Profit-to-Asset % vs Banks Industry
For the Banks industry and Financial Services sector, First National Financial's Gross-Profit-to-Asset % distribution charts can be found below:
* The bar in red indicates where First National Financial's Gross-Profit-to-Asset % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Gross Profit data used here is four times the quarterly (Sep. 2025) data.
Gross-Profit-to-Asset % is displayed in the 30-year financial page.
What does a Gross-Profit-to-Asset % of 1.17% mean?
First National Financial (TSX:FN) has a Gross-Profit-to-Asset % of 1.17% as of Sep. 2025. Gross Profit to Asset Ratio is the total gross profit divided by total assets. View historical data on First National Financial and its competitors.
Is First National Financial's Gross-Profit-to-Asset % too high?
First National Financial's current Gross-Profit-to-Asset % is 1.17%. The Banks industry median Gross-Profit-to-Asset % is 3.95. First National Financial's value of 1.17% is 70.4% below this industry median. Overall, First National Financial has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does First National Financial's Gross-Profit-to-Asset % compare to RKT and FNMA?
First National Financial's Gross-Profit-to-Asset % of 1.17% can be compared against companies in the Banks industry. The industry median Gross-Profit-to-Asset % is 3.95. First National Financial's value of 1.17% is 70.4% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross-Profit-to-Asset % for a Banks company?
The median Gross-Profit-to-Asset % among Banks companies is 3.95, based on 316 companies in the industry. Companies in the top quartile (top 25%) have a Gross-Profit-to-Asset % significantly above this median, while those in the bottom quartile fall well below. However, Gross-Profit-to-Asset % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. First National Financial's current Gross-Profit-to-Asset % of 1.17% is 70.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross-Profit-to-Asset % mean?
A high Gross-Profit-to-Asset % can signal that a stock is expensive relative to its fundamentals. Gross Profit to Asset Ratio is the total gross profit divided by total assets. View historical data on First National Financial and its competitors. For the Banks industry, the median Gross-Profit-to-Asset % is 3.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First National Financial's current Gross-Profit-to-Asset % is 1.17%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First National Financial stock overvalued right now?
First National Financial (TSX:FN) has a current Gross-Profit-to-Asset % of 1.17%. The stock's GF Value™ is C$59.71, compared to a current price of C$47.98 — trading 19.6% below its estimated fair value. The current Gross-Profit-to-Asset % is 1.17% and 70.4% below the Banks industry median of 3.95. First National Financial's overall GF Score™ is 19/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross-Profit-to-Asset % calculated?
Gross-Profit-to-Asset % is calculated from a company's financial statements. For First National Financial (TSX:FN), the current Gross-Profit-to-Asset % is 1.17% as of Sep. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is First National Financial (TSX:FN) Overvalued in 2026?
Based on GuruFocus' analysis, First National Financial stock appears to be undervalued.
The current stock price of C$47.98 is trading 19.6% below its estimated GF Value™ of C$59.71.
Key valuation signals for TSX:FN:
Gross-Profit-to-Asset %: 1.17%
GF Value™: C$59.71 vs. price of C$47.98 (19.6% below fair value)
No single metric tells the full story. See the TSX:FN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
First National Financial Corp is a Canadian originator, underwriter and servicer of predominantly prime residential and commercial mortgages. The Company operates in two business segments, Residential and Commercial. These segments are organized by mortgage type and contain revenue and expenses related to origination, underwriting, securitization and servicing activities. It derives maximum revenue from Residential segment.
19GF Score
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