FCR-UN TOR Week ended 07 Aug 2026

Weekly Investor Report

First Capital Real Estate Investment Trust · Real Estate · Reit - Retail

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Latest close 22.90 CAD
-0.1% latest week
Weekly setup

Mixed setup

The weekly trend is active. Price is 4.3% above the Trend Line and sits at 86.6% of its 52-week range. The latest completed week returned -0.1%, after a -1.6% four-week move. The latest factor snapshot indicates quality is middle-of-the-pack; growth ranks strongly; valuation is neither clearly cheap nor expensive. The latest news-sentiment score is 50/100.

Setup score 59 out of 100
Latest Close 22.90 CAD 7 Aug 2026
1W Return -0.1% latest completed week
4W Return -1.6% short-term follow-through
12W Return -0.6% quarterly tape
Trend Breadth 100.0% 52 of 52 weeks active
Volume Ratio 1.0x vs 13-week average
What is working
  • The trend backdrop is active with a 62-week active streak.
  • Price is above the Trend Line, keeping the weekly tape constructive.
  • Price is above Fair Value, showing premium demand versus the model.
  • Next-week expectancy is positive at 60.94% based on similar historical setup states.
What could go wrong
  • Activity pressure is negative, which weakens the current setup.
  • 1 reversal markers appear in the recent smart-money tape.
What to watch next
  • Price is close to its 52-week high; watch for continuation or exhaustion.
  • Trend Line remains the key weekly regime level.
  • Activity pressure is the gauge to monitor for confirmation or fade.
  • A volume ratio above 1.5x would show stronger participation in the next move.
Price follow-through -0.1% Latest completed week; four-week move -1.6%. Indicator stack 100/0 Trend and activity pressure are weighted against the latest 12-week confirmation window. Trend backdrop Active The trend backdrop defines the current weekly regime. Patient Capital Quiet Activity-pressure buy-signal status for institutional accumulation timing. Next-Week Expectancy Positive 60.94% Historical one-week expectancy contributes to the evidence score when direction is confirmed. News sentiment 50/100 40 relevant articles in the latest sentiment read.
01 · Price action

Where price is—and whether the trend supports it

The weekly trend is active. Price is 4.3% above the Trend Line and sits at 86.6% of its 52-week range. The latest completed week returned -0.1%, after a -1.6% four-week move.

Study the full chart

52-week price path

Price vs Trend Line and Fair Value
Price Trend Line Fair Value
02 · Volume and demand

Is real participation confirming the move?

Latest weekly volume is 1.0x the 13-week average. Participation is around or above normal and provides reasonable confirmation.

26-week volume confirmation

Bar height shows volume; colour shows the weekly price direction
13 Feb 20 Feb 27 Feb 6 Mar 13 Mar 20 Mar 27 Mar 3 Apr 10 Apr 17 Apr 24 Apr 1 May 8 May 15 May 22 May 29 May 5 Jun 12 Jun 19 Jun 26 Jun 3 Jul 10 Jul 17 Jul 24 Jul 31 Jul 7 Aug
Up week Down week
Demand beneath price

Activity pressure and institutional-style signals

These indicators assess whether participation is improving beneath the headline price move. They are supporting evidence, not proof of institutional buying.

Activity pressure path

Latest 0.8712-week average 0.95

12-week confirmation

Trend active12/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure8/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership11/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.87Current proprietary activity-pressure read.
Buy signals0Accumulation signal count in the latest 12 weeks.
Reversal markers11 reversal markers

No recent accumulation markers. 1 reversal markers.

03 · Momentum and leadership

Is performance persistent—and is the stock leading?

Performance is -1.6% over four weeks, -0.6% over 12 weeks, and 27.1% over one year. The current trend has remained active for 62 consecutive weeks.

Performance by holding period

1W-0.1%
4W-1.6%
12W-0.6%
26W14.7%
52W27.1%
Active trend streak62 weeks
Active weeks in one year52
Trend breadth100.0%

Activity pressure vs relative leadership

Activity pressureRelative leadership
Pressure-0.84Latest activity-pressure read.
Pressure change-541.2%Four-week change in activity pressure.
Leadership-0.83Latest relative-leadership reading.
RS change-122.1%Four-week change in relative leadership.
04 · Fundamentals and valuation

What investors are paying for—and the quality behind it

The latest factor snapshot indicates quality is middle-of-the-pack; growth ranks strongly; valuation is neither clearly cheap nor expensive.

Open full factor analysis
Factor week 09 Aug 2026 Financial statements through 31 Mar 2026 Field coverage 91% Model confidence 85%

Relative factor standing

Higher display scores are better. Each score is converted from the underlying universe rank, where rank 1 is best.

Overall factor strength37/100Blend of value, momentum, and quality. Underlying universe rank 64; rank 1 is best.
Value31/100Relative valuation strength. Underlying universe rank 70; rank 1 is best.
Quality75/100Profitability and accounting quality. Underlying universe rank 26; rank 1 is best.
Momentum37/100Medium-term price momentum. Underlying universe rank 64; rank 1 is best.
Growth83/100Revenue and earnings growth. Underlying universe rank 18; rank 1 is best.
How to read this

Quality and valuation are separate questions

A strong company can still carry a demanding valuation. This report shows profitability, growth, balance-sheet strength, and the price paid for those characteristics separately.

Valuation

How much investors are paying for earnings, sales, and cash flow.

P/E
4.6x
Price divided by trailing earnings.
Price / sales
6.7x
Market value relative to trailing revenue.
EV / EBITDA
19.5x
Enterprise value relative to operating cash earnings.
Free-cash-flow yield
0.7%
Free cash flow as a share of enterprise value.

Business quality

Margins and the return generated on invested capital.

Gross margin
62.9%
Gross profit retained from each unit of revenue.
Operating margin
54.5%
Operating profit retained from revenue.
Free-cash-flow margin
8.2%
Free cash flow generated from revenue.
Return on invested capital
3.4%
Operating return generated on invested capital.

Growth and financial strength

Recent business growth and accounting strength.

Revenue growth
2.5%
Latest one-year revenue growth.
EPS growth
418.9%
Latest one-year earnings-per-share growth.
Free-cash-flow growth
-45.6%
Latest one-year free-cash-flow growth.
Piotroski F-score
6/9
Nine-point accounting-strength checklist.

Shareholder return and balance sheet

Cash returned to owners and financial leverage.

Dividend yield
3.9%
Cash dividends relative to market value.
Buyback yield
0.0%
Net share repurchases relative to market value.
Shareholder yield
3.9%
Dividend yield plus net buyback yield.
Net debt / EBITDA
8.7x
Balance-sheet debt relative to operating cash earnings.
05 · Ownership, options, and sentiment

What other market participants are doing

Options, insider transactions, market sentiment, and activity-pressure signals can confirm or challenge the price story. None should be used alone.

Insider activity-

No recent insider transactions are stored for this company.

News sentiment50/100

Weighted news tone is neutral across 40 relevant articles.

5 positive · 34 neutral · 1 negative
Patient CapitalQuiet

Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.

No recent buy signal
06 · Catalysts and risk

What can move the shares—and how volatile the path has been

Event timing, options-implied movement, drawdown, and weekly return distribution frame the risk around the current setup.

Next earnings-No event is currently stored.
Options expected move-Nearest-chain priced movement where available.
52-week drawdown-3.3%Distance below the 52-week high.
13-week volatility0.9%Standard deviation of weekly returns.

Weekly gains and losses

Latest 26 completed weeks

Each bar is one week. Gains rise above the zero line; losses fall below it. Taller bars mean a larger weekly move.

Weeks higher13 of 2613 weeks finished lower.
Best week+9.1%Week of 17 Apr.
Worst week-2.0%Week of 13 Mar.
Latest week-0.1%Week of 7 Aug.

Shape of recent returns

Strong gains1
Modest gains12
Flat weeks0
Modest losses13
Sharp losses0
Recent vol0.9%13-week weekly-return volatility.
Base vol2.0%52-week weekly-return volatility.
Up/down split33/19Count of positive and negative weeks in the 52-week window.
Average skew1.5% / -1.3%Average positive week versus average negative week.
07 · Sector and peer context

Is this stock leading—or simply moving with its group?

Sector and industry breadth distinguish company-specific strength from a broad group move.

08 · Evidence and weekly data

The underlying research record

Every top-level statement above should be traceable to a stored market, fundamental, event, or positioning observation.

Weekly tape62/100

Trend, activity pressure, participation, and risk combine to a 62/100 tape read.

 Indicator analysis79/100

Latest 12-week confirmation: trend 12/12, activity pressure 8/12, relative leadership 11/12.

Activity pressure 0.87; 1 reversal markers Next-Week ExpectancyPositive 60.94%

Next-week expectancy is positive with a 60.94% historical one-week setup read.

Adds short-term historical context without overriding trend, activity, or relative leadership. Factors45/100

O'Shaughnessy factor stack blends value, quality, momentum, and confidence.

Buyback Yield rank 57; Small Cap Core rank 63 Patient CapitalQuiet

Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.

No recent buy signal Sentiment50/100

Weighted news tone is neutral across 40 relevant articles.

Q2 Earnings Outperformers: Opendoor (NASDAQ:OPEN) And The Rest Of The Consumer Discretionary - Real Estate Services Stocks Insiders50/100

No recent insider transaction evidence is stored.

 Earnings50/100

No stored earnings event is currently attached to this ticker.
WeekCloseReturnTrend LineFair ValuePressureLeadershipVolumeTrend
7 Aug 202622.90 CAD-0.1%21.95 CAD16.76 CAD-0.84-0.832.1MOn
31 Jul 202622.93 CAD0.5%21.83 CAD16.69 CAD-0.652.502.1MOn
24 Jul 202622.82 CAD-0.1%21.68 CAD16.62 CAD-0.431.572.0MOn
17 Jul 202622.85 CAD-1.8%21.54 CAD16.56 CAD-0.141.993.0MOn
10 Jul 202623.28 CAD-0.1%21.40 CAD16.49 CAD0.193.742.0MOn
3 Jul 202623.30 CAD1.0%21.24 CAD16.42 CAD0.344.03207.3KOn
26 Jun 202623.07 CAD-0.4%21.07 CAD16.35 CAD0.523.77461.1KOn
19 Jun 202623.16 CAD-0.8%20.94 CAD16.29 CAD0.844.303.0MOn
12 Jun 202623.35 CAD0.7%20.80 CAD16.21 CAD1.095.33882.3KOn
5 Jun 202623.19 CAD-1.0%20.65 CAD16.15 CAD1.376.313.3MOn
29 May 202623.42 CAD0.0%20.50 CAD16.08 CAD1.676.374.4MOn
22 May 202623.42 CAD1.7%20.33 CAD16.01 CAD1.807.351.8MOn
15 May 202623.03 CAD-1.1%20.17 CAD15.94 CAD1.927.723.1MOn
8 May 202623.28 CAD0.2%20.03 CAD15.88 CAD2.018.233.3MOn
How to use this report

This is a completed-week research summary. It explains the available evidence and its conflicts; it does not predict a guaranteed outcome or replace your own risk assessment. Fundamental figures may refer to an earlier financial reporting period, which is shown above.

Evidence context