FRP Holdings Inc. (FRPH) — RQD Stock Rating Cockpit

Per the Roarable RQD rating, FRPH scores 28 out of 100 and receives a letter grade of E, labeled "Roarable Strong Sell — Forensic Risk / Avoid." The five pillars are: Fundamental Cash Engine at 7/20 (ROIC 1.3%; FCF yield -5.9%), Whale 13F Flow at 3/20 (institutional accumulation and options positioning), Insider Conviction at 3/20 (SEC Form 4 and Congressional PTR cluster flow), Macro Regime Fit at 5/20 (Beta 1.0; sector sensitivity), and Forensic Balance Sheet at 10/20 (Altman Z 2.5; Piotroski F 3/9; Debt/Equity 0.5). Every pillar sits in the lower half of its range. The weakest signals are the cash engine, where the FCF yield is negative, and the ownership-flow pillars, which are both at 3/20. The balance sheet is the relatively stronger pillar but still scores only 10/20. For a prospective investor, the rating points to a stock whose current cash generation does not support its valuation, with limited positive signal from institutions or insiders. Per the market data, the P/E (TTM) of 114.6 and the ROIC of 1.3% indicate that the price is paid for earnings that are small relative to the share price. The rating is a quantitative summary of the supplied data and not a recommendation to act.

FRP Holdings Inc. (FRPH) is a NASDAQ-listed issuer classified under the Financials sector and the Real Estate industry, per the company profile. Per the financials, the company reported revenue of $42.8M for FY 2025 and $41.8M for FY 2024. Source data does not describe its specific products, customer base, or revenue model beyond the sector and industry classification.

Per the market data, the operating margin is 16.4%, the net margin is 7.4%, and the ROIC is 1.3%. Per the Roarable RQD rating, the Altman Z-Score is 2.5, the Piotroski F-Score is 3/9, and the Debt/Equity ratio is 0.5. Free cash flow was negative in FY 2025 and FY 2024 and positive in FY 2023. Net income declined from $6.4M in FY 2024 to $3.2M in FY 2025. Source data does not report debt levels for any period.

• Earnings call scheduling (Stock Titan, CATALYST-adjacent, YELLOW): A call is set for 9 a.m. Nov. 5, after FRP Holdings expects to release results.
• Q2 2026 earnings headline (GREEN, CATALYST): A headline describes a "Near-Breakeven Result as Shares Edge Lower," with the source attributed to a non-financial domain.
• Risk-watch items (RED, RISK WATCH): Two Stock Traders Daily headlines are flagged RED under RISK WATCH; their content in the source is limited to headlines and generic summaries.
• Market wire items (YELLOW): A Yahoo Finance comparison with AMREP and a Yahoo! Finance Canada quote page are tagged as MARKET WIRE with no specific fundamental content in the summaries.

The Butterfly Supply-Chain Graph reports supply_chain as NONE, with no butterfly links and no proprietary signals.

Per the Butterfly Supply-Chain Graph, supply chain is NONE, no butterfly links are recorded, and no proprietary signals are present. Upstream and downstream dependencies, sector correlations, and second-order bottlenecks are not available in source data.

• What are the company's specific properties, tenants, or revenue segments, given that the source data gives only the sector and industry labels?
• What are the total cash and debt balances in FY 2025, since the financial records show N/A for both in that period?
• Why did free cash flow remain negative in FY 2024 and FY 2025 when operating income was positive?
• What does the reported near-breakeven Q2 2026 result consist of, and does it change the FY 2025 trend?
• What institutional or insider activity underlies the 3/20 whale-flow and insider-conviction pillars, since the holders data is absent?