FRMUF (Firm Capital Property Trust) Total Operating Expense: $1.63 Mil (TTM As of Jun. 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.

FRMUF Firm Capital Property Trust FRMUF
74 GF Score
Price $4.77
GF Value $4.28
Valuation Fairly Valued
! 10 Warning Signs
View Full Analysis

What is Firm Capital Property Trust Total Operating Expense?

Firm Capital Property Trust FRMUF -5.64% 74 Total Operating Expense is $1.63 Mil as of Jun. 2026. GuruFocus rates FRMUF with a GF Score™ of 74/100 and a GF Value™ of $4.28 (Fairly Valued). The stock has 10 warning signs investors should review.

Firm Capital Property Trust's Total Operating Expense for the three months ended in Jun. 2026 was $0.33 Mil. Firm Capital Property Trust's Total Operating Expense for the trailing twelve months (TTM) ended in Jun. 2026 was $1.63 Mil.

Firm Capital Property Trust Total Operating Expense Related Terms

Firm Capital Property Trust Total Operating Expense Historical Data

* Premium members only.

The historical data trend for Firm Capital Property Trust's Total Operating Expense 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.

Firm Capital Property Trust Total Operating Expense Chart

Firm Capital Property Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.03 0.49 0.62 1.84 2.43

Firm Capital Property Trust Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Total Operating Expense 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 1.24 0.47 0.43 0.40 0.33
FRMUF
74GF Score
Firm Capital Property Trust FRMUF
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Firm Capital Property Trust Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.63 Mil.

* 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.

What does a Total Operating Expense of $1.63 Mil mean?
Firm Capital Property Trust (FRMUF) has a Total Operating Expense of $1.63 Mil as of Jun. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Firm Capital Property Trust and its competitors.
Is Firm Capital Property Trust's Total Operating Expense too high?
Firm Capital Property Trust's current Total Operating Expense is $1.63 Mil. Overall, Firm Capital Property Trust has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Firm Capital Property Trust's Total Operating Expense compare to SPG and O?
Firm Capital Property Trust's Total Operating Expense of $1.63 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for a REITs company?
A good Total Operating Expense depends on the REITs industry context. However, Total Operating Expense 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 Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Firm Capital Property Trust and its competitors. Firm Capital Property Trust's current Total Operating Expense is $1.63 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Firm Capital Property Trust stock overvalued right now?
Based on GuruFocus' analysis, Firm Capital Property Trust (FRMUF) is currently considered Fairly Valued. The stock's GF Value™ is $4.28, compared to a current price of $4.77 — trading 11.4% above its estimated fair value. The current Total Operating Expense is $1.63 Mil. Firm Capital Property Trust's overall GF Score™ is 74/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Firm Capital Property Trust (FRMUF), the current Total Operating Expense is $1.63 Mil as of Jun. 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 Firm Capital Property Trust (FRMUF) Overvalued in 2026?

Based on GuruFocus' analysis, Firm Capital Property Trust stock appears to be overvalued. The current stock price of $4.77 is trading 11.4% above its estimated GF Value™ of $4.28. GuruFocus considers Firm Capital Property Trust to be Fairly Valued.

Key valuation signals for FRMUF:

  • Total Operating Expense: $1.63 Mil
  • GF Value™: $4.28 vs. price of $4.77 (11.4% above fair value)
  • GF Score™: 74/100 with 10 warning signs

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

Firm Capital Property Trust Business Description

Industry Real EstateREITs
Other Exchanges FCD.UN:Canada
Address 163 Cartwright Avenue, Toronto, ON, CAN, M6A 1V5
Firm Capital Property Trust is a Canada-based open-ended real estate investment trust. The Trust operates in six reportable segments: grocery-anchored retail, non-grocery anchored retail, industrial, multi-residential, core service office provider, and manufactured homes community. A vast majority of its revenues are derived from the grocery-anchored retail segment. Its products and services are Mortgage Banking, Real Estate Investments, Private Equity, and Alternative Credit.
74GF Score

Get the complete analysis for FRMUF

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

$4.77
Price
$4.28
GF Value