BRAEMAR HOTELS & RESORTS INC (BHR) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:BHR - US10482B1017 - REIT
2.65 USD
+0.02 (+0.76%)
2.65 USD
0 (0%)
We assign a fundamental rating of 2 out of 10 to BHR. BHR was compared to 128 industry peers in the Diversified REITs industry. BHR has a bad profitability rating. Also its financial health evaluation is rather negative. BHR has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year BHR has reported negative net income.
In the past year BHR had a positive cash flow from operations.
BHR had negative earnings in each of the past 5 years.
Of the past 5 years BHR 4 years had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of -2.88%, BHR is doing worse than 77.34% of the companies in the same industry.
The Return On Equity of BHR (-9.32%) is worse than 71.88% of its industry peers.
BHR has a Return On Invested Capital of 2.05%. This is in the lower half of the industry: BHR underperforms 63.28% of its industry peers.
BHR had an Average Return On Invested Capital over the past 3 years of 2.18%. This is in line with the industry average of 3.06%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.88% | ||
| ROE | -9.32% | ||
| ROIC | 2.05% |
ROA(3y)-2.05%
ROA(5y)-3.03%
ROE(3y)-5.99%
ROE(5y)-11.2%
ROIC(3y)2.18%
ROIC(5y)N/A
1.3 Margins
Looking at the Operating Margin, with a value of 6.64%, BHR is doing worse than 82.81% of the companies in the same industry.
BHR's Operating Margin has declined in the last couple of years.
BHR has a Gross Margin (68.40%) which is comparable to the rest of the industry.
In the last couple of years the Gross Margin of BHR has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.64% | ||
| PM (TTM) | N/A | ||
| GM | 68.4% |
OM growth 3Y290.5%
OM growth 5Y-7.45%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.38%
GM growth 5Y-0.18%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so BHR is destroying value.
BHR has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for BHR has been increased compared to 5 years ago.
The debt/assets ratio for BHR is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.14, we must say that BHR is in the distress zone and has some risk of bankruptcy.
BHR's Altman-Z score of 0.14 is on the low side compared to the rest of the industry. BHR is outperformed by 70.31% of its industry peers.
BHR has a Debt/Equity ratio of 1.88. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of BHR (1.88) is worse than 67.97% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.88 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.14 |
ROIC/WACC0.26
WACC8%
2.3 Liquidity
A Current Ratio of 0.87 indicates that BHR may have some problems paying its short term obligations.
BHR has a Current ratio of 0.87. This is comparable to the rest of the industry: BHR outperforms 45.31% of its industry peers.
A Quick Ratio of 0.84 indicates that BHR may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.84, BHR is in line with its industry, outperforming 45.31% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.87 | ||
| Quick Ratio | 0.84 |
3. Growth
3.1 Past
The earnings per share for BHR have decreased strongly by -10.39% in the last year.
Looking at the last year, BHR shows a decrease in Revenue. The Revenue has decreased by -2.84% in the last year.
The Revenue has been growing by 8.36% on average over the past years. This is quite good.
EPS 1Y (TTM)-10.39%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-500%
Revenue 1Y (TTM)-2.84%
Revenue growth 3Y19.44%
Revenue growth 5Y8.36%
Sales Q2Q%-3.26%
3.2 Future
The Earnings Per Share is expected to decrease by -38.86% on average over the next years. This is quite bad
BHR is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -0.87% yearly.
EPS Next Y-95.44%
EPS Next 2Y-38.86%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-2.42%
Revenue Next 2Y-0.87%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
BHR reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Also next year BHR is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
BHR's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. BHR is cheaper than 92.19% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 8.72 |
4.3 Compensation for Growth
A cheap valuation may be justified as BHR's earnings are expected to decrease with -38.86% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-38.86%
EPS Next 3YN/A
5. Dividend
5.1 Amount
BHR has a Yearly Dividend Yield of 7.43%, which is a nice return.
Compared to an average industry Dividend Yield of 6.34, BHR pays a bit more dividend than its industry peers.
BHR's Dividend Yield is rather good when compared to the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.43% |
5.2 History
The dividend of BHR decreases each year by -5.40%.
BHR has paid a dividend for at least 10 years, which is a reliable track record.
BHR has decreased its dividend in the last 3 years.
Dividend Growth(5Y)-5.4%
Div Incr Years0
Div Non Decr Years2
5.3 Sustainability
BHR has negative earnings and hence a negative payout ratio. The dividend may be in danger.
The Dividend Rate of BHR has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP-83.69%
EPS Next 2Y-38.86%
EPS Next 3YN/A
2.65
+0.02 (+0.76%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners46.88%
Inst Owner Change5.19%
Ins Owners5.31%
Ins Owner Change19.54%
Market Cap180.78M
Revenue(TTM)711.79M
Net Income(TTM)-57.88M
Analysts46.67
Price Target4.08 (53.96%)
Short Float %1.81%
Short Ratio3
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.43% |
Yearly Dividend0.77
Dividend Growth(5Y)-5.4%
DP-83.69%
Div Incr Years0
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)61.56%
Min EPS beat(2)41.13%
Max EPS beat(2)82%
EPS beat(4)3
Avg EPS beat(4)43.41%
Min EPS beat(4)-13.5%
Max EPS beat(4)82%
EPS beat(8)5
Avg EPS beat(8)41.14%
EPS beat(12)6
Avg EPS beat(12)25.57%
EPS beat(16)9
Avg EPS beat(16)40.06%
Revenue beat(2)1
Avg Revenue beat(2)0.97%
Min Revenue beat(2)-0.81%
Max Revenue beat(2)2.75%
Revenue beat(4)3
Avg Revenue beat(4)2.19%
Min Revenue beat(4)-0.81%
Max Revenue beat(4)3.83%
Revenue beat(8)6
Avg Revenue beat(8)0.9%
Revenue beat(12)9
Avg Revenue beat(12)0.86%
Revenue beat(16)12
Avg Revenue beat(16)2.17%
PT rev (1m)0%
PT rev (3m)100%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 0.25 | ||
| P/FCF | N/A | ||
| P/OCF | 4.63 | ||
| P/B | 0.29 | ||
| P/tB | 0.29 | ||
| EV/EBITDA | 8.72 |
EPS(TTM)-0.85
EYN/A
EPS(NY)-1.48
Fwd EYN/A
FCF(TTM)-0.54
FCFYN/A
OCF(TTM)0.57
OCFY21.62%
SpS10.43
BVpS9.1
TBVpS9.06
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.88% | ||
| ROE | -9.32% | ||
| ROCE | 2.59% | ||
| ROIC | 2.05% | ||
| ROICexc | 2.19% | ||
| ROICexgc | 2.24% | ||
| OM | 6.64% | ||
| PM (TTM) | N/A | ||
| GM | 68.4% | ||
| FCFM | N/A |
ROA(3y)-2.05%
ROA(5y)-3.03%
ROE(3y)-5.99%
ROE(5y)-11.2%
ROIC(3y)2.18%
ROIC(5y)N/A
ROICexc(3y)2.37%
ROICexc(5y)N/A
ROICexgc(3y)2.4%
ROICexgc(5y)N/A
ROCE(3y)2.76%
ROCE(5y)N/A
ROICexgc growth 3Y336.52%
ROICexgc growth 5Y-3.32%
ROICexc growth 3Y337.41%
ROICexc growth 5Y-3.32%
OM growth 3Y290.5%
OM growth 5Y-7.45%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.38%
GM growth 5Y-0.18%
F-Score4
Asset Turnover0.35
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.88 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 8.27 | ||
| Cap/Depr | 81.14% | ||
| Cap/Sales | 10.65% | ||
| Interest Coverage | 0.51 | ||
| Cash Conversion | 27.77% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.87 | ||
| Quick Ratio | 0.84 | ||
| Altman-Z | 0.14 |
F-Score4
WACC8%
ROIC/WACC0.26
Cap/Depr(3y)223.65%
Cap/Depr(5y)152.9%
Cap/Sales(3y)26.8%
Cap/Sales(5y)20.36%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-10.39%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-500%
EPS Next Y-95.44%
EPS Next 2Y-38.86%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-2.84%
Revenue growth 3Y19.44%
Revenue growth 5Y8.36%
Sales Q2Q%-3.26%
Revenue Next Year-2.42%
Revenue Next 2Y-0.87%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y11.02%
EBIT growth 3Y366.41%
EBIT growth 5Y0.29%
EBIT Next Year55.56%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y85.72%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-50.21%
OCF growth 3Y1.45%
OCF growth 5Y0.16%
BRAEMAR HOTELS & RESORTS INC / BHR FAQ
Can you provide the ChartMill fundamental rating for BRAEMAR HOTELS & RESORTS INC?
ChartMill assigns a fundamental rating of 2 / 10 to BHR.
Can you provide the valuation status for BRAEMAR HOTELS & RESORTS INC?
ChartMill assigns a valuation rating of 1 / 10 to BRAEMAR HOTELS & RESORTS INC (BHR). This can be considered as Overvalued.
How profitable is BRAEMAR HOTELS & RESORTS INC (BHR) stock?
BRAEMAR HOTELS & RESORTS INC (BHR) has a profitability rating of 2 / 10.
How financially healthy is BRAEMAR HOTELS & RESORTS INC?
The financial health rating of BRAEMAR HOTELS & RESORTS INC (BHR) is 1 / 10.
Is the dividend of BRAEMAR HOTELS & RESORTS INC sustainable?
The dividend rating of BRAEMAR HOTELS & RESORTS INC (BHR) is 5 / 10 and the dividend payout ratio is -83.69%.