FRPH vs MAYS vs SKYH Stock Comparison

Frp Holdings, Mays J W and Sky Harbour Prices as of Oct 28, 2026 Peers: Industry group
FRPH Frp Holdings, Inc.
$18.59 -11.9% 1M -22.4% 1Y
Market cap
$357.67M
P/E
262.8x
Revenue (TTM)
$43.62M
Div. yield
–
Real Estate Operators Real Estate
3 wins
MAYS Mays J W Inc
$46.00 +15.0% 1M +20.4% 1Y
Market cap
$91.72M
P/E
–
Revenue (TTM)
$21.43M
Div. yield
–
Real Estate Operators Real Estate
3 wins
SKYH Sky Harbour Group Corp
$9.91 -0.5% 1M -1.0% 1Y
Market cap
$346.64M
P/E
14.5x
Revenue (TTM)
$31.80M
Div. yield
–
Specialty REITs Real Estate
4 wins

Head to Head

10 decided of 12

Sky Harbour leads on 4 of the 12 questions below (Sky Harbour 4, Frp Holdings 3, Mays J W 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionFRPHMAYSSKYHLeader
Larger companyMarket capitalisation $357.67M $91.72M $346.64M FRPH
Cheaper on earningsLower P/E, profitable companies only 262.8x -79.6x 14.5x SKYH
Cheaper on forward earningsLower price / next fiscal year consensus EPS — — — –
Faster revenue growthRevenue growth, trailing twelve months +3.1% -3.9% +52.0% SKYH
More profitableNet margin, trailing twelve months 3.1% -5.4% 75.3% SKYH
Better return on capitalReturn on invested capital 0.9% -2.1% — FRPH
Less leveragedLower net debt / EBITDA 6.4x 3.4x -7.7x SKYH
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -22.4% +20.4% -1.0% MAYS
Better 5-year returnAnnualised price return, 5 years -8.3%/yr +5.7%/yr -0.4%/yr MAYS
Less volatileAnnualised volatility, 1 year 25.7% 34.6% 35.8% FRPH
Higher overall scoreMean of the five percentile scores vs peers 32/100 39/100 33/100 MAYS

Percentile Scorecard

FRPHMAYSSKYH

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisFRPHMAYSSKYH
Valuation 24 #30 of 39 29 #28 of 39 4 #139 of 145
Growth 13 #28 of 32 19 #26 of 32 95 #8 of 142
Profitability 50 #15 of 29 46 #16 of 29 15 #115 of 135
Financial Health 41 #23 of 38 60 #16 of 38 18 #112 of 136
Shareholder Returns – – –
Overall 32 39 33
  • FRPH ranked among 42 companies in Property Developers
  • MAYS ranked among 42 companies in Property Developers
  • SKYH ranked among 149 companies in Property REITs

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodFRPHMAYSSKYHSPY
1 month -11.9%+15.0%-0.5% +0.9%
3 months -18.9%+17.9%-5.9% +5.9%
6 months -10.5%+13.6%-4.6% +8.5%
Year to date -18.4%+15.2%+10.5% +13.3%
1 year -22.4%+20.4%-1.0% +12.4%
3 years -31.2%-3.4%+72.0% +88.1%
3 years, per year -11.7%-1.1%+19.8% +23.5%
5 years -35.0%+31.8%-2.2% +68.2%
5 years, per year -8.3%+5.7%-0.4% +11.0%
10 years +16.4%-1.1%— +263.4%
10 years, per year +1.5%-0.1%— +13.8%

Risk

MeasureFRPHMAYSSKYHSPY
Volatility, 1Y 25.7%34.6%35.8% 12.7%
Downside volatility, 1Y 26.5%50.2%36.0% 12.7%
Beta vs S&P 500, 1Y 0.260.481.00 1.00
Return / volatility, 1Y -0.870.59-0.03 0.98
Max drawdown, 5Y -42.8%-37.7%-92.9% -25.4%
From 52-week high -27.3%-16.4%-13.5% -0.9%
52-week high $25.56$55.00$11.46 $779.14
52-week low $18.59$37.55$8.30 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleFRPHMAYSSKYH
P/E now vs peer median 260.0xmedian 7.8x -80.5xmedian 7.8x 14.3xmedian 25.8x
P/S now vs peer median 8.2xmedian 4.9x 4.3xmedian 4.9x 23.9xmedian 4.0x
EV/EBITDA now vs peer median 26.5xmedian 11.2x 108.9xmedian 11.2x -46.0xmedian 14.2x
P/FCF now vs peer median —median 6.2x -30.8xmedian 6.2x —median 23.0x
P/B now vs peer median 0.8xmedian 0.6x 1.8xmedian 0.6x 4.6xmedian 1.3x
PEG now vs peer median -8.00median 0.32 0.14median 0.32 0.22median 1.91

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsFRPHMAYSSKYH
Revenue $43.62M $21.43M $31.80M
Operating income $6.16M -$1.66M -$27.97M
Net income $1.32M $21.32M $12.08M
Free cash flow – -$3.01M –
EPS (diluted) $0.07 $-0.57 $0.70
Cash & equivalents $100.98M $3.14M $164.03M
Total debt $214.62M $6.13M $316.34M
Shares (diluted) 19.06M 2.02M 34.46M
Enterprise value -$137.95M $82.11M $77.01M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricFRPHMAYSSKYH
P/E 260.0x -80.5x 14.3x
P/FCF – -30.8x –
P/Operating cash flow – 51.3x –
P/S 8.2x 4.3x 23.9x
P/B 0.8x 1.8x 4.6x
P/Tangible book 0.8x 1.8x 4.7x
EV/EBITDA 26.5x 108.9x -46.0x
EV/EBIT 76.4x -57.7x -32.6x
EV/Revenue 10.8x 4.5x 28.6x
EV/FCF – -31.8x –
EV/Operating cash flow – 53.0x –
PEG (3Y EPS CAGR) -8.00 0.14 0.22

Growth

14 metrics
MetricFRPHMAYSSKYH
Revenue growth (1Y) 3.1% -3.9% 52.0%
Revenue CAGR (3Y) 3.0% -1.9% 101.7%
Gross profit growth (1Y) – – –
Gross profit CAGR (3Y) – – –
Operating income growth (1Y) -38.3% -1,551% -13.8%
Operating income CAGR (3Y) -15.4% -98.6% -17.9%
Net income growth (1Y) -75.5% 28,402% 138.4%
Net income CAGR (3Y) -33.9% 1,700% 41.2%
EPS growth (1Y) -74.5% -1,429% 358.1%
EPS CAGR (3Y) -32.5% -580.3% 65.8%
Operating cash flow growth (1Y) – -6.4% –
Operating cash flow CAGR (3Y) – -8.9% –
Free cash flow growth (1Y) – -1,306% –
Free cash flow CAGR (3Y) – -68.7% –

Profitability

14 metrics
MetricFRPHMAYSSKYH
Gross margin – – –
EBITDA margin 40.7% 4.1% -62.2%
Operating margin 14.1% -7.7% -88.0%
Pretax margin 24.5% -7.6% -96.0%
Net margin 3.1% -5.4% 75.3%
FCF margin – -14.0% –
Operating cash flow margin – 8.4% –
Return on equity 0.2% -2.2% 7.2%
Return on assets 0.1% -1.3% 1.7%
Return on invested capital 0.9% -2.1% –
Return on capital employed – – –
Asset turnover 0.1x 0.2x 0.0x
Cash conversion (OCF / net income) – 0.1x –
Stock comp / revenue 6.3% – –

Financial Health

11 metrics
MetricFRPHMAYSSKYH
Debt / assets 28.2% 6.8% 38.4%
Debt / equity 0.5x 0.1x 1.9x
Net debt / EBITDA 6.4x 3.4x -7.7x
Debt / FCF – -2.0x –
Liabilities / assets 40.3% 42.7% 80.1%
Equity / assets 59.7% 57.3% 19.9%
Interest coverage 2.1x -8.0x -10.9x
Current ratio – – –
Quick ratio – – –
Cash ratio – – –
Altman Z-score – – –

Shareholder Returns

7 metrics
MetricFRPHMAYSSKYH
Dividend yield – – –
Net buyback yield – – –
Shareholder yield – – –
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusFRPHMAYSSKYH
EPS, next fiscal year – – $-0.40FY2026
EPS growth, next FY – – -544.4%FY2026
Revenue, next fiscal year – – $42.16MFY2026
Revenue growth, next FY – – +53.1%FY2026
Revenue growth, the year after – – +57.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersFRPHMAYSSKYH
Held by institutions 47.8% 3.6% 15.4%
Institutions holding 109 10 90
Change in shares held, QoQ +3.0% -7.1% +15.7%
Institutions buying 56 2 55
Institutions selling 30 1 18
Buyers to sellers 1.87 2.00 3.06

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

FRPHMAYSSKYH
FRPH 1.00 0.06 0.31
MAYS 0.06 1.00 0.09
SKYH 0.31 0.09 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, FRPH, MAYS and SKYH?

Frp Holdings (FRPH) is the largest by market capitalisation: Frp Holdings (FRPH) $357.67M, Mays J W (MAYS) $91.72M, Sky Harbour (SKYH) $346.64M.

Which stock is cheaper, FRPH, MAYS and SKYH?

Sky Harbour (SKYH) trades on the lowest price-to-earnings ratio (Frp Holdings (FRPH) 262.8x, Mays J W (MAYS) -79.6x, Sky Harbour (SKYH) 14.5x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Sky Harbour (SKYH) grew revenue fastest over the trailing twelve months: Frp Holdings (FRPH) +3.1%, Mays J W (MAYS) -3.9%, Sky Harbour (SKYH) +52.0%.

Which company is more profitable?

Sky Harbour (SKYH) has the highest net margin (Frp Holdings (FRPH) 3.1%, Mays J W (MAYS) -5.4%, Sky Harbour (SKYH) 75.3%). On return on invested capital, Frp Holdings (FRPH) leads (Frp Holdings (FRPH) 0.9%, Mays J W (MAYS) -2.1%).

Which stock has performed better?

Over the past year Mays J W (MAYS) returned the most: Frp Holdings (FRPH) -22.4%, Mays J W (MAYS) +20.4%, Sky Harbour (SKYH) -1.0%. Over five years, Mays J W (MAYS) compounded fastest (Frp Holdings (FRPH) -8.3%/yr, Mays J W (MAYS) +5.7%/yr, Sky Harbour (SKYH) -0.4%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Frp Holdings (FRPH) has been the steadiest (Frp Holdings (FRPH) 25.7%, Mays J W (MAYS) 34.6%, Sky Harbour (SKYH) 35.8%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, FRPH, MAYS and SKYH?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Sky Harbour (SKYH) leads on 4. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.