A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 16, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q3 FY2026, filed Sep 11, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the FREVS SEC filings page.
FIRST REAL EST INV TR NJ (FREVS) reported $30.2M in revenue over the twelve months to Jul 31, 2026, up 4.1% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Stable operating earnings coexist with volatile net income and cash conversion as leverage recedes through balance-sheet contraction.
Operating income held near$15M in both FY2024 and FY2025, even as revenue moved only modestly, pointing to a stable operating engine rather than volume-led expansion. Yet FY2025 net income fell to$3.5M while operating cash flow fell to$6.2M ; the divergence shows that below-operating-line items can materially reshape reported profitability and cash conversion.
Leverage is receding, but the capital structure remains debt-heavy: debt-to-equity dropped from 5.6x in FY2023 to 3.5x in FY2025. Total liabilities also declined from
FY2025 dividends paid were
Financial Health Signals
FIRST REAL EST INV TR NJ does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
FIRST REAL EST INV TR NJ passes 4 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
For every $1 of reported earnings, FIRST REAL EST INV TR NJ generates $1.78 in operating cash flow ($6.2M OCF vs $3.5M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
FIRST REAL EST INV TR NJ earns $2.08 in operating income for every $1 of interest expense ($15.2M vs $7.3M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.
Key Financial Metrics
Earnings & Revenue
FIRST REAL EST INV TR NJ generated $7.5M in revenue in Q3 2026. This represents an increase of 4.0% from the same quarter a year earlier. Against the prior quarter it is down 1.3%.
FIRST REAL EST INV TR NJ's EBITDA was $4.6M in Q3 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 3.7% from the same quarter a year earlier. Against the prior quarter it is up 0.7%.
FIRST REAL EST INV TR NJ reported $20.2M in net income in Q3 2026. This represents an increase of 2193.6% from the same quarter a year earlier. Against the prior quarter it is up 3172.9%.
FIRST REAL EST INV TR NJ earned $2.69 per diluted share (EPS) in Q3 2026. This represents an increase of 2141.7% from the same quarter a year earlier. Against the prior quarter it is up 3262.5%.
Cash & Balance Sheet
FIRST REAL EST INV TR NJ held $16.0M in cash against $114.2M in long-term debt as of Q3 2026.
Not reported for Q3 2026.
Not reported for Q3 2026.
Margins & Returns
FIRST REAL EST INV TR NJ's operating margin was 51.6% in Q3 2026, reflecting core business profitability. This is up 0.9 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.6 percentage points.
FIRST REAL EST INV TR NJ's ROE was 37.6% in Q3 2026, measuring profit generated per dollar of shareholder equity. This is up 35.0 percentage points from the same quarter a year earlier. Against the prior quarter it is up 35.8 percentage points.
Not reported for Q3 2026.
Not shown for Q3 2026: the reported ratio is above 100.0% of revenue, so it does not read as a share of revenue.
Capital Allocation
None of these metrics is reported for Q3 2026.
FREVS Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-K | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Revenue | $7.5M+4.0% | $7.6M+5.2% | $7.5M+3.2% | $7.5M+4.0% | $7.2M+1.4% | $7.3M-0.2% | $7.3M+3.9% | $7.3M+1.5% |
| SG&A Expenses | $1.4M+120.5% | $1.1M+33.0% | $713K-15.6% | N/A | $624K-32.8% | $791K-22.1% | $845K-53.3% | N/A |
| Operating Income | $3.9M+5.9% | $3.8M-0.2% | $3.8M+7.4% | N/A | $3.7M-4.9% | $3.8M+1.5% | $3.6M+1.2% | N/A |
| EBITDA | $4.6M+3.7% | $4.5M-0.4% | $4.5M+6.1% | N/A | $4.4M-4.0% | $4.6M0.0% | $4.3M+0.9% | N/A |
| Interest Expense | $2.0M+9.1% | $1.8M-2.8% | $1.9M-0.6% | N/A | $1.8M-1.7% | $1.9M+3.9% | $1.9M+1.7% | N/A |
| Net Income | $20.2M+2193.6% | $616K-31.1% | $943K+53.6% | $1.1M+7.9% | $879K-94.1% | $894K+67.7% | $614K+219.9% | $1.0M+58.5% |
| EPS (Basic) | $2.69+2141.7% | $0.08-33.3% | $0.13+62.5% | $0.150.0% | $0.12-93.9% | $0.12+71.4% | $0.08+214.3% | $0.15+66.7% |
| EPS (Diluted) | $2.69+2141.7% | $0.08-33.3% | $0.13+62.5% | $0.150.0% | $0.12-93.9% | $0.12+71.4% | $0.08+214.3% | $0.15+66.7% |
| Diluted Shares (Avg) | 7,482+0.1% | 7,477+0.1% | 7,471+0.1% | N/A | 7,471+0.1% | 7,469+0.2% | 7,463+0.2% | N/A |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Income Tax.
FREVS Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-K | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $165.5M+10.2% | $148.6M-4.8% | $149.0M-5.0% | $149.9M-7.6% | $150.2M-9.0% | $156.2M+5.2% | $156.9M+4.8% | $162.3M+2.0% |
| Cash & Equivalents | $16.0M+9.7% | $14.2M+23.9% | $18.5M+55.5% | $17.9M+20.2% | $14.6M-50.4% | $11.4M-6.4% | $11.9M-13.0% | $14.9M+12.8% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Receivable | $391K+27.4% | $468K-34.2% | $243K-40.1% | $201K-59.6% | $307K-22.7% | $711K | $406K | $498K-10.9% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $118.3M-5.1% | $123.6M-5.4% | $123.6M-5.8% | $124.2M-8.8% | $124.7M-6.4% | $130.7M-1.0% | $131.3M-1.3% | $136.1M-3.2% |
| Long-Term Debt | $114.2M | $119.9M | $120.4M | $120.8M | N/A | N/A | N/A | N/A |
| Total Equity | $53.7M+59.1% | $34.2M+2.1% | $34.2M+2.6% | $34.0M+2.0% | $33.7M-10.3% | $33.5M+41.9% | $33.4M+44.4% | $33.4M+36.1% |
| Retained Earnings | $20.8M+2015.4% | $1.4M+66.7% | $1.6M+178.9% | $1.4M+151.4% | $985K-79.2% | $854K+108.8% | $558K+105.7% | $541K+106.0% |
Not reported in any period shown, so not listed: Current Assets, Inventory, Goodwill, Current Liabilities, Non-Current Liabilities.
FREVS Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-K | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $744K-55.3% | $1.3M+71.2% | $1.3M-11.4% | $2.3M+1181.8% | $1.7M-91.0% | $743K+29.7% | $1.5M+62.6% | $181K-77.5% |
| Depreciation & Amortization | $681K-7.7% | $724K-1.4% | $721K-0.3% | $770K+5.2% | $738K+0.4% | $734K-7.0% | $723K-0.3% | $732K-1.9% |
| Investing Cash Flow | $4.9M-32.9% | -$4.1M-2612.8% | $911K-50.8% | $2.2M+117.7% | $7.3M+2001.8% | $164K+136.4% | $1.9M-75.0% | -$12.7M-297.3% |
| Financing Cash Flow | -$3.0M+54.2% | -$1.5M-16.8% | -$1.7M+72.9% | -$1.4M+32.9% | -$6.6M-527.8% | -$1.3M+15.6% | -$6.2M+27.2% | -$2.0M+10.7% |
| Dividends Paid | $748K+25.1% | $747K+25.1% | $747K-85.7% | $748K+100.0% | $598K+60.3% | $597K+60.5% | $5.2M+1304.3% | $374K-83.3% |
Not reported in any period shown, so not listed: Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Share Buybacks.
FREVS Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-K | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Operating Margin | 51.6%+0.9pp | 50.0%-2.7pp | 50.9%+2.0pp | N/A | 50.6%-3.3pp | 52.6%+0.9pp | 49.0%-1.3pp | N/A |
| Net Margin | 267.5% | 8.1%-4.3pp | 12.6%+4.1pp | 14.9%+0.5pp | 12.1% | 12.3%+5.0pp | 8.5%+15.8pp | 14.3%+5.2pp |
| Return on Equity | 37.6%+35.0pp | 1.8%-0.9pp | 2.8%+0.9pp | 3.3%+0.2pp | 2.6%-36.7pp | 2.7%+0.4pp | 1.8%+4.1pp | 3.1%+0.4pp |
| Return on Assets | 12.2%+11.6pp | 0.4%-0.2pp | 0.6%+0.2pp | 0.8%+0.1pp | 0.6%-8.4pp | 0.6%+0.2pp | 0.4%+0.7pp | 0.6%+0.2pp |
| Debt-to-Equity | 2.13-1.6x | 3.50-0.4x | 3.52-0.4x | 3.55-0.5x | 3.70+0.3x | 3.90-1.7x | 3.94-1.7x | 4.08-1.5x |
| Asset Turnover | 0.050.0x | 0.050.0x | 0.050.0x | 0.050.0x | 0.050.0x | 0.050.0x | 0.050.0x | 0.040.0x |
Not reported in any period shown, so not listed: Gross Margin, Current Ratio, FCF Margin.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Net Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| FIRST REAL EST INV TR NJ FREVS | FY2025 | $29.3M | $3.5M | 12.0% | $160.2M | — |
| NEWLAKE CAP PARTNERS INC NLCP | FY2025 | $51.1M | $26.3M | 51.5% | $318.3M | — |
| AWAYSIS CAPITAL INC AWCA | FY2025 | $441K | -$2.7M | N/A | $14.6M | — |
| CAPITAL PROPERTIES INC A CPTP | FY2024 | N/A | $2.0M | N/A | $99.0M | — |
| NAM TAI PROPERTY INC NTPIF | FY2025 | $48.0M | $110K | 0.2% | $262.3M | — |
Where FIRST REAL EST INV TR NJ Ranks
Frequently Asked Questions
What is FIRST REAL EST INV TR NJ's annual revenue?
FIRST REAL EST INV TR NJ (FREVS) reported $29.3M in total revenue for fiscal year 2025. This represents a 2.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is FIRST REAL EST INV TR NJ's revenue growing?
FIRST REAL EST INV TR NJ (FREVS) revenue grew by 2.2% year-over-year, from $28.7M to $29.3M in fiscal year 2025.
Is FIRST REAL EST INV TR NJ profitable?
Yes, FIRST REAL EST INV TR NJ (FREVS) reported a net income of $3.5M in fiscal year 2025, with a net profit margin of 12.0%.
What is FIRST REAL EST INV TR NJ's EBITDA?
FIRST REAL EST INV TR NJ (FREVS) had EBITDA of $18.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does FIRST REAL EST INV TR NJ have?
As of fiscal year 2025, FIRST REAL EST INV TR NJ (FREVS) had $17.9M in cash and equivalents against $120.8M in long-term debt.
What is FIRST REAL EST INV TR NJ's operating margin?
FIRST REAL EST INV TR NJ (FREVS) had an operating margin of 51.7% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is FIRST REAL EST INV TR NJ's net profit margin?
FIRST REAL EST INV TR NJ (FREVS) had a net profit margin of 12.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does FIRST REAL EST INV TR NJ pay dividends?
Yes, FIRST REAL EST INV TR NJ (FREVS) paid $0.36 per share in dividends during fiscal year 2025.
What is FIRST REAL EST INV TR NJ's return on equity (ROE)?
FIRST REAL EST INV TR NJ (FREVS) has a return on equity of 10.3% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is FIRST REAL EST INV TR NJ's operating cash flow?
FIRST REAL EST INV TR NJ (FREVS) generated $6.2M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are FIRST REAL EST INV TR NJ's total assets?
FIRST REAL EST INV TR NJ (FREVS) had $149.9M in total assets as of fiscal year 2025, including both current and long-term assets.
What is FIRST REAL EST INV TR NJ's debt-to-equity ratio?
FIRST REAL EST INV TR NJ (FREVS) had a debt-to-equity ratio of 3.55 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is FIRST REAL EST INV TR NJ's return on assets (ROA)?
FIRST REAL EST INV TR NJ (FREVS) had a return on assets of 2.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is FIRST REAL EST INV TR NJ's P/E ratio?
FIRST REAL EST INV TR NJ (FREVS) trades at 7.0x earnings, its market capitalization divided by net income of $22.8M net income, trailing 12 months to July 31, 2026. The market capitalization is $160.2M as of Sep 16, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is FIRST REAL EST INV TR NJ's price-to-sales ratio?
FIRST REAL EST INV TR NJ (FREVS) trades at 5.3x sales, its market capitalization divided by revenue of $30.2M revenue, trailing 12 months to July 31, 2026. The market capitalization is $160.2M as of Sep 16, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is FIRST REAL EST INV TR NJ's Piotroski F-Score?
FIRST REAL EST INV TR NJ (FREVS) has a Piotroski F-Score of 4 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are FIRST REAL EST INV TR NJ's earnings high quality?
FIRST REAL EST INV TR NJ (FREVS) has an earnings quality ratio of 1.78x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can FIRST REAL EST INV TR NJ cover its interest payments?
FIRST REAL EST INV TR NJ (FREVS) has an interest coverage ratio of 2.08x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.