FRP Holdings, Inc. (Nasdaq:FRPH) is a full-service real estate investment and development business operating in asset management, mining royalty lands, development, and stabilized joint venture applications. Certainly, the diversity of their operations adds value due to the variety of cash streams. Nevertheless, their core competency is in the mining royalty segment, in which they have 15,000 acres of land leased to major aggregate mining corporations.
Comps: Douglas Elliman Inc. (NYSE:DOUG), RE/MAX Holdings, Inc. (NYSE:RMAX)
If we compare FRP Holdings to these two companies, we can see that FRP Holdings outperforms them both regarding earnings per share, debt to equity, and profit margin. However, they do not have the edge regarding price to earnings or return on equity. Therefore, FRP Holdings returns more per share, but the cost to realize those earnings is higher than for these other two firms.