FRPH vs SKYH vs VTMX Stock Comparison

Frp Holdings, Sky Harbour and Vesta Real Estate Corporation, S.A.B. de C.V Prices as of Oct 23, 2026 Peers: Industry group
FRPH Frp Holdings, Inc.
$19.06 -9.6% 1M -22.7% 1Y
Market cap
$361.28M
P/E
265.5x
Revenue (TTM)
$43.62M
Div. yield
–
Real Estate Operators Real Estate
SKYH Sky Harbour Group Corp
$9.52 -4.3% 1M -6.9% 1Y
Market cap
$329.41M
P/E
13.8x
Revenue (TTM)
$31.80M
Div. yield
–
Specialty REITs Real Estate
3 wins

Head to Head

10 decided of 12

Vesta Real Estate Corporation, S.A.B. de C.V leads on 7 of the 12 questions below (Vesta Real Estate Corporation, S.A.B. de C.V 7, Sky Harbour 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionFRPHSKYHVTMXLeader
Larger companyMarket capitalisation $361.28M $329.41M $3.18B VTMX
Cheaper on earningsLower P/E, profitable companies only 265.5x 13.8x 6.5x VTMX
Cheaper on forward earningsLower price / next fiscal year consensus EPS — — 14.9x –
Faster revenue growthRevenue growth, trailing twelve months +3.1% +52.0% +14.4% SKYH
More profitableNet margin, trailing twelve months 3.1% 75.3% 156.7% VTMX
Better return on capitalReturn on invested capital 0.9% — 5.2% VTMX
Less leveragedLower net debt / EBITDA 6.4x -7.7x 2.8x SKYH
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -22.7% -6.9% +32.8% VTMX
Better 5-year returnAnnualised price return, 5 years -7.4%/yr -1.2%/yr — SKYH
Less volatileAnnualised volatility, 1 year 25.9% 35.8% 24.2% VTMX
Higher overall scoreMean of the five percentile scores vs peers 30/100 33/100 56/100 VTMX

Percentile Scorecard

FRPHSKYHVTMX

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

AxisFRPHSKYHVTMX
Valuation 24 #30 of 39 5 #138 of 145 47 #21 of 39
Growth 13 #29 of 33 95 #8 of 144 59 #14 of 33
Profitability 48 #16 of 30 17 #116 of 140 76 #8 of 30
Financial Health 35 #25 of 38 17 #122 of 146 84 #7 of 38
Shareholder Returns – – 15 #12 of 14
Overall 30 33 56
  • FRPH ranked among 42 companies in Property Developers
  • SKYH ranked among 149 companies in Property REITs
  • VTMX ranked among 42 companies in Property Developers

Price Performance

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

Returns

PeriodFRPHSKYHVTMXSPY
1 month -9.6%-4.3%+10.4% -1.0%
3 months -18.6%-6.4%+8.0% +2.9%
6 months -11.7%-9.7%+0.3% +6.4%
Year to date -16.4%+6.1%+19.4% +11.4%
1 year -22.7%-6.9%+32.8% +13.1%
3 years -29.7%+52.3%+18.2% +79.4%
3 years, per year -11.1%+15.1%+5.7% +21.5%
5 years -31.9%-5.9%— +67.7%
5 years, per year -7.4%-1.2%— +10.9%
10 years +21.4%—— +255.2%
10 years, per year +2.0%—— +13.5%

Risk

MeasureFRPHSKYHVTMXSPY
Volatility, 1Y 25.9%35.8%24.2% 12.7%
Downside volatility, 1Y 26.9%36.0%22.6% 12.7%
Beta vs S&P 500, 1Y 0.260.970.63 1.00
Return / volatility, 1Y -0.88-0.191.35 1.03
Max drawdown, 5Y -42.2%-92.9%-47.0% -25.4%
From 52-week high -25.4%-16.9%-1.2% -2.5%
52-week high $25.56$11.46$36.82 $779.14
52-week low $18.77$8.30$27.41 $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.

MultipleFRPHSKYHVTMX
P/E now vs peer median 266.6xmedian 7.8x 13.7xmedian 27.0x 6.3xmedian 7.8x
P/S now vs peer median 8.4xmedian 4.9x 22.9xmedian 4.1x 10.3xmedian 4.9x
EV/EBITDA now vs peer median 27.0xmedian 11.2x -44.5xmedian 14.5x 13.7xmedian 11.2x
P/FCF now vs peer median —median 6.4x —median 23.7x -9.8xmedian 6.4x
P/B now vs peer median 0.8xmedian 0.6x 4.4xmedian 1.3x 1.0xmedian 0.6x
PEG now vs peer median -8.20median 0.33 0.21median 2.07 0.73median 0.33

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 monthsFRPHSKYHVTMX
Revenue $43.62M $31.80M $311.20M
Operating income $6.16M -$27.97M $284.20M
Net income $1.32M $12.08M $487.70M
Free cash flow – – -$328.17M
EPS (diluted) $0.07 $0.70 $5.66
Cash & equivalents $100.98M $164.03M $240.00M
Total debt $214.62M $316.34M $1.07B
Shares (diluted) 19.06M 34.46M 86.11M
Enterprise value -$134.34M $59.78M $2.00B

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
MetricFRPHSKYHVTMX
P/E 266.6x 13.7x 6.3x
P/FCF – – -9.8x
P/Operating cash flow – – 16.5x
P/S 8.4x 22.9x 10.3x
P/B 0.8x 4.4x 1.0x
P/Tangible book 0.8x 4.5x 1.0x
EV/EBITDA 27.0x -44.5x 13.7x
EV/EBIT 77.8x -31.5x 14.3x
EV/Revenue 11.0x 27.7x 13.0x
EV/FCF – – -12.3x
EV/Operating cash flow – – 20.7x
PEG (3Y EPS CAGR) -8.20 0.21 0.73

Growth

14 metrics
MetricFRPHSKYHVTMX
Revenue growth (1Y) 3.1% 52.0% 14.4%
Revenue CAGR (3Y) 3.0% 101.7% 15.0%
Gross profit growth (1Y) – – –
Gross profit CAGR (3Y) – – –
Operating income growth (1Y) -38.3% -13.8% 14.0%
Operating income CAGR (3Y) -15.4% -17.9% 13.9%
Net income growth (1Y) -75.5% 138.4% 9,654%
Net income CAGR (3Y) -33.9% 41.2% 16.8%
EPS growth (1Y) -74.5% 358.1% 9,905%
EPS CAGR (3Y) -32.5% 65.8% 8.7%
Operating cash flow growth (1Y) – – -32.0%
Operating cash flow CAGR (3Y) – – 18.1%
Free cash flow growth (1Y) – – -197.4%
Free cash flow CAGR (3Y) – – -291.2%

Profitability

14 metrics
MetricFRPHSKYHVTMX
Gross margin – – –
EBITDA margin 40.7% -62.2% 94.7%
Operating margin 14.1% -88.0% 91.3%
Pretax margin 24.5% -96.0% 128.3%
Net margin 3.1% 75.3% 156.7%
FCF margin – – -105.5%
Operating cash flow margin – – 62.8%
Return on equity 0.2% 7.2% 15.2%
Return on assets 0.1% 1.7% 10.1%
Return on invested capital 0.9% – 5.2%
Return on capital employed – – 6.0%
Asset turnover 0.1x 0.0x 0.1x
Cash conversion (OCF / net income) – – 0.4x
Stock comp / revenue 6.3% – 3.0%

Financial Health

11 metrics
MetricFRPHSKYHVTMX
Debt / assets 28.2% 38.4% 22.3%
Debt / equity 0.5x 1.9x 0.3x
Net debt / EBITDA 6.4x -7.7x 2.8x
Debt / FCF – – -3.3x
Liabilities / assets 40.3% 80.1% 32.2%
Equity / assets 59.7% 19.9% 67.8%
Interest coverage 2.1x -10.9x 3.7x
Current ratio – – 3.5x
Quick ratio – – 2.7x
Cash ratio – – 2.7x
Altman Z-score – – 2.02

Shareholder Returns

7 metrics
MetricFRPHSKYHVTMX
Dividend yield – – 2.3%
Net buyback yield – – -12.2%
Shareholder yield – – -10.0%
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.

ConsensusFRPHSKYHVTMX
Forward P/E – – 14.9xFY2026
EPS, next fiscal year – $-0.40FY2026 $2.45FY2026
EPS growth, next FY – -544.4%FY2026 -13.4%FY2026
EPS growth, the year after – – -33.9%
Revenue, next fiscal year – $42.16MFY2026 $296.22MFY2026
Revenue growth, next FY – +53.1%FY2026 +14.3%FY2026
Revenue growth, the year after – +57.5% +25.2%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersFRPHSKYHVTMX
Held by institutions 47.8% 15.4% 8.7%
Institutions holding 109 90 68
Change in shares held, QoQ +3.0% +15.7% +18.8%
Institutions buying 56 55 43
Institutions selling 30 18 12
Buyers to sellers 1.87 3.06 3.58

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.

FRPHSKYHVTMX
FRPH 1.00 0.32 0.12
SKYH 0.32 1.00 0.24
VTMX 0.12 0.24 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, FRPH, SKYH and VTMX?

Vesta Real Estate Corporation, S.A.B. de C.V (VTMX) is the largest by market capitalisation: Frp Holdings (FRPH) $361.28M, Sky Harbour (SKYH) $329.41M, Vesta Real Estate Corporation, S.A.B. de C.V (VTMX) $3.18B.

Which stock is cheaper, FRPH, SKYH and VTMX?

Vesta Real Estate Corporation, S.A.B. de C.V (VTMX) trades on the lowest price-to-earnings ratio (Frp Holdings (FRPH) 265.5x, Sky Harbour (SKYH) 13.8x, Vesta Real Estate Corporation, S.A.B. de C.V (VTMX) 6.5x). 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%, Sky Harbour (SKYH) +52.0%, Vesta Real Estate Corporation, S.A.B. de C.V (VTMX) +14.4%.

Which company is more profitable?

Vesta Real Estate Corporation, S.A.B. de C.V (VTMX) has the highest net margin (Frp Holdings (FRPH) 3.1%, Sky Harbour (SKYH) 75.3%, Vesta Real Estate Corporation, S.A.B. de C.V (VTMX) 156.7%). On return on invested capital, Vesta Real Estate Corporation, S.A.B. de C.V (VTMX) leads (Frp Holdings (FRPH) 0.9%, Vesta Real Estate Corporation, S.A.B. de C.V (VTMX) 5.2%).

Which stock has performed better?

Over the past year Vesta Real Estate Corporation, S.A.B. de C.V (VTMX) returned the most: Frp Holdings (FRPH) -22.7%, Sky Harbour (SKYH) -6.9%, Vesta Real Estate Corporation, S.A.B. de C.V (VTMX) +32.8%. Over five years, Sky Harbour (SKYH) compounded fastest (Frp Holdings (FRPH) -7.4%/yr, Sky Harbour (SKYH) -1.2%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Vesta Real Estate Corporation, S.A.B. de C.V (VTMX) has been the steadiest (Frp Holdings (FRPH) 25.9%, Sky Harbour (SKYH) 35.8%, Vesta Real Estate Corporation, S.A.B. de C.V (VTMX) 24.2%). Volatility measures how widely the price swings, not the risk of the business.

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

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Vesta Real Estate Corporation, S.A.B. de C.V (VTMX) leads on 7. 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.