Farmland Partners (Farmland Partners) GF Value Rank : 3 (As of Apr. 27, 2024)

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What is Farmland Partners GF Value Rank?

Farmland Partners has the GF Value Rank of 3.

The GF Value Rank is determined by the price-to-GF-Value (P/GF Value) ratio, a proprietary metric calculated based on historical multiples along with an adjustment factor based on a company's past returns and growth and future estimates of the business' performance.

GuruFocus found that for valuation, we cannot simply give stocks a better GF Value rank simply because they have a lower P/GF Value ratio. Backtesting shows that over the long term, the two worst-performing groups are the most expensive group (with the highest P/GF Value ratio) and the least expensive group (with the lowest P/GF Value ratio).

We can understand why the most expensive group underperforms. We were initially puzzled by the underperformance of the least expensive group, but we realized there is a reason why some stocks are super cheap. If they look too undervalued, it is often because the businesses behind them are poor quality. The market realized this and gave them low valuations. In a way, the market is efficient.

After multiple backtesting analyses, we granted the stocks in third-cheapest percentile the highest GF Value rank, as they have performed the best over a full market cycle. Stock performance is actually not as sensitive to valuation as it is to growth and profitability. On average, the companies in the 20%-50% valuation groups have similar performances. Therefore, we should avoid the most expensive and the least expensive stocks. We can be more tolerant of valuation.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of Farmland Partners's GF Value Rank

For the REIT - Specialty subindustry, Farmland Partners's GF Value Rank, along with its competitors' market caps and GF Value Rank 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.

Farmland Partners's GF Value Rank Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Farmland Partners's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Farmland Partners's GF Value Rank falls into.

Farmland Partners GF Value Rank Related Terms

Thank you for viewing the detailed overview of Farmland Partners's GF Value Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Farmland Partners (Farmland Partners) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Farmland Partners Inc (NYSE:FPI) » Definitions » GF Value Rank

Comparable Companies

LAND NLCP AFCG CORR PW UNIT OUT HASI AMT EQIX CCI DLR SBAC WY IRM GLPI LAMR RYN PCH EPR

Traded in Other Exchanges

0FA:Germany

Address

4600 South Syracuse Street, Suite 1450, Denver, CO, USA, 80237

Website

http://www.farmlandpartners.com

Farmland Partners Inc owns and seeks to acquire high-quality farmland throughout North America. The company is an internally managed real estate company and owns and contracts of farmland and storage facilities located across the United States. Its properties are farmed by over 100 tenants growing more than 26 commercial crops. Farmland Partners generates its revenues through the rent it receives from its tenants.

Executives

Paul A Pittman	director, officer: President and CEO	4910 BIRCH ST., SUITE 102, NEWPORT BEACH CA 92660
Jennifer S Grafton	director	9540 SOUTH MAROON CIRCLE, SUITE 200, ENGLEWOOD CO 80112
Murray R Wise	director	2407 S NEIL PO BOX 3009, CHAMPAIGN IL 61826
Luca Fabbri	officer: CFO, Secretary and Treasurer	C/O FARMLAND PARTNERS INC., 8670 WOLFF COURT, SUITE 240, WESTMINSTER CO 80031
Christine M. Garrison	officer: General Counsel and Secretary	C/O FARMLAND PARTNERS INC., 4600 S. SYRACUSE STREET, SUITE 1450, DENVER CO 80237
John A Good	director	C/O JERNIGAN CAPITAL, INC., 1395 BRICKELL AVENUE, MIAMI FL 33131
Danny D. Moore	director	C/O FARMLAND PARTNERS INC., 4600 S. SYRACUSE STREET, SUITE 1450, DENVER CO 80237
James Gilligan	officer: Chief Financial Officer	C/O FARMLAND PARTNERS INC., 4600 S. SYRACUSE STREET, SUITE 1450, DENVER CO 80237
Thomas Heneghan	director	C/O MANUFACTURED HOME COMMUNITIES INC, 2 N RIVER PLAZA #800, CHICAGO IL 60606
Toby Orourke	director	FARMLAND PARTNERS INC., 4600 S. SYRACUSE STREET, SUITE 1450, DENVER CO 80237
Erica Borenstein	officer: General Counsel and Secretary	C/O FARMLAND PARTNERS INC., 8670 WOLFF COURT, SUITE 240, WESTMINSTER CO 80031
Chris A Downey	director	C/O FARMLAND PARTNERS INC., : 8670 WOLFF COURT, SUITE 240, WESTMINSTER CO 80031
Jay Bartels	director	C/O FARMLAND PARTNERS INC., 8670 WOLFF COURT, SUITE 240, WESTMINSTER CO 80031
Joseph W Glauber	director	FARMLAND PARTNERS INC., 8670 WOLFF COURT, SUITE 240, WESTMINSTER CO 80031
Dennie Dixon Boardman	director	C/O OPTIMA FUND MANAGEMENT LLC, 10 EAST 53RD STREET, NEW YORK NY 10022