FRHLF (Freehold Royalties) Preferred Stock: $0.0 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRHLF Freehold Royalties Ltd FRHLF
77 GF Score
Price $11.85
GF Value $9.25
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is Freehold Royalties Preferred Stock?

Freehold Royalties FRHLF -1.50% 77 Preferred Stock is $0.0 Mil as of Mar. 2026. GuruFocus rates FRHLF with a GF Score™ of 77/100 and a GF Value™ of $9.25 (Modestly Overvalued). The stock has 8 warning signs investors should review.

Preferred stock is a special equity security that has properties of both equity and debt. Freehold Royalties's preferred stock for the quarter that ended in Mar. 2026 was $0.0 Mil.

The market value of preferred stock needs to be added to the market value of common stocks in the calculation of Enterprise Value. Freehold Royalties's Enterprise Value for the quarter that ended in Mar. 2026 was $2,265.3 Mil.

In the calculation of book value, the par value of preferred stocks needs to subtracted from total equity. Freehold Royalties's Book Value per Share for the quarter that ended in Mar. 2026 was $4.43.

Dividends paid to preferred stocks need to be subtracted from net income in the calculation of Earnings per Share (Diluted). Freehold Royalties's Earnings per Share (Diluted) for the three months ended in Mar. 2026 was $0.16.


Freehold Royalties  (OTCPK:FRHLF) Preferred Stock Explanation

When a company needs capital but does not wish to issue debt, they may sell preferred stocks to investors.

For instance, during the financial crisis of 2008, Goldman Sachs (GS) issued a combination of preferred stock and common stock options for $5 billion of capital to Warren Buffett’s Berkshire Hathaway (BRK.A)(BRK.B). In this deal, Berkshire Hathaway paid $5 billion for 10% cumulative perpetual preferred stock and warrants to buy 43.5 million shares of Goldman Sachs at $115 a share. Goldman Sachs bought back the preferred in 2010. Guess how much money Warren Buffett made in this deal in two years? Read How Much Did Warren Buffett’s Berkshire Hathaway (BRK.B) Make on Its Goldman Sachs (GS) Preferred Stock?

1. The market value of Preferred Stocks needs to be added to the market value of common stocks in the calculation of enterprise value.

Freehold Royalties's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

2. In the calculation of Book Value, the par value of Preferred Stocks needs to subtracted from total equity.

Freehold Royalties's Book Value per Share for the quarter that ended in Mar. 2026 is calculated as

3. Dividends paid to Preferred Stocks need to be subtracted from net income in the calculation of earnings per share.

Freehold Royalties's Earnings per Share (Diluted) (EPS) for the three months ended in Mar. 2026 is calculated as

* 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.


Freehold Royalties Preferred Stock Related Terms


Freehold Royalties Preferred Stock Historical Data

* Premium members only.

The historical data trend for Freehold Royalties's Preferred Stock 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.

Freehold Royalties Preferred Stock Chart

Freehold Royalties Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Preferred Stock
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Freehold Royalties Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Preferred Stock Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00
FRHLF
77GF Score
Freehold Royalties Ltd FRHLF
Preferred Stock is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Freehold Royalties Preferred Stock Calculation

Preferred Stock is a special equity security that has properties of both equity and debt. It is generally considered a hybrid instrument. Preferred stock is senior to common stock, but is subordinate to bonds in terms of claim or rights to their share of the assets of the company.

Preferred stock has priority over common stock in the payment of dividends and any payments received when a company liquidates.

Preferred stock comes in many forms. It can be:


Convertible or Non-Convertible
Cumulative or Non-Cumulative
Voting or Non-Voting
Callable or Non-Callable
Maturity Date or No Maturity Date

A preferred stock without a maturity date is called a perpetual preferred stock. These are relatively rare. A good example of perpetual preferred stock is the many series of Public Storage (PSA) preferred shares that trade on the New York Stock Exchange.

Before investing in preferred stock, it is important to know which of the above groups the stock belongs to. Is it convertible or non-convertible? Are dividends cumulative or non-cumulative?

It is also critical that an investor knows what bonds the company has in front of the preferred stock. Bondholders get paid first. So the decision to buy a preferred stock can be similar to the decision to buy a bond. But, remember, the preferred stock of a company with bonds is junior to those bonds.

Unless a preferred stock is convertible, the upside in a preferred stock investment is more limited than in a common stock investment. If a company doubles its earnings, it is usually under no more obligation to double the dividends paid to preferred shareholders than it is to double the interest paid to its bankers and bondholders.So preferred stock is very different from common stock.

Frequently Asked Questions Learn more about Preferred Stock →
What does a Preferred Stock of $0.0 Mil mean?
Freehold Royalties (FRHLF) has a Preferred Stock of $0.0 Mil as of Mar. 2026. Preferred Stock represents the par value of a company's preferred shares. View historical data on Freehold Royalties and its competitors.
Is Freehold Royalties' Preferred Stock too high?
Freehold Royalties' current Preferred Stock is $0.0 Mil. Overall, Freehold Royalties has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Freehold Royalties' Preferred Stock compare to COP and EOG?
Freehold Royalties' Preferred Stock of $0.0 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Preferred Stock for an Oil & Gas company?
A good Preferred Stock depends on the Oil & Gas industry context. However, Preferred Stock should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Preferred Stock mean?
A high Preferred Stock can signal that a stock is expensive relative to its fundamentals. Preferred Stock represents the par value of a company's preferred shares. View historical data on Freehold Royalties and its competitors. Freehold Royalties's current Preferred Stock is $0.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Freehold Royalties stock overvalued right now?
Based on GuruFocus' analysis, Freehold Royalties (FRHLF) is currently considered Modestly Overvalued. The stock's GF Value™ is $9.25, compared to a current price of $11.85 — trading 28.1% above its estimated fair value. The current Preferred Stock is $0.0 Mil. Freehold Royalties' overall GF Score™ is 77/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Preferred Stock calculated?
Preferred Stock is calculated from a company's financial statements. For Freehold Royalties (FRHLF), the current Preferred Stock is $0.0 Mil as of Mar. 2026. 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 Freehold Royalties (FRHLF) Overvalued in 2026?

Based on GuruFocus' analysis, Freehold Royalties stock appears to be overvalued. The current stock price of $11.85 is trading 28.1% above its estimated GF Value™ of $9.25. GuruFocus considers Freehold Royalties to be Modestly Overvalued.

Key valuation signals for FRHLF:

  • Preferred Stock: $0.0 Mil
  • GF Value™: $9.25 vs. price of $11.85 (28.1% above fair value)
  • GF Score™: 77/100 with 8 warning signs

No single metric tells the full story. See the FRHLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Freehold Royalties Business Description

Industry EnergyOil & Gas
Address 517 - 10 Avenue SW, Suite 1000, Calgary, AB, CAN, T2R 0A8
Freehold Royalties Ltd is in acquiring and managing Oil and Gas royalties. It operates in two segments: Canada, which includes exploration and evaluation assets and the petroleum and natural gas interests in Western Canada; and the United States, which includes petroleum and natural gas interests held in the Permian (Midland and Delaware), Eagle Ford, Haynesville, and Bakken basins located in the states of Texas, New Mexico, and North Dakota. The maximum revenue is generated from the Canada Segment.
77GF Score

Get the complete analysis for FRHLF

Preferred Stock is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$11.85
Price
$9.25
GF Value