
FRP Holdings: Undervalued Asset Play with Potential for Significant Upside
💰 FRP Holdings has approximately $170 million in cash and low debt.
⛏️ The company owns valuable aggregate reserves (sand, gravel, stone) in Florida, Georgia and other states, leased out under royalty agreements.
🏢 FRP has significant real estate holdings in Washington, D.C., including waterfront properties with development potential.
📈 The company has a track record of selling assets at high valuations and repurchasing shares when undervalued.