CHATHAM LODGING TRUST (CLDT)
US16208T1025 - REIT
Overall CLDT gets a fundamental rating of 3 out of 10. We evaluated CLDT against 127 industry peers in the Diversified REITs industry. The financial health of CLDT is average, but there are quite some concerns on its profitability. CLDT does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
In the past year CLDT has reported negative net income.
In the past year CLDT had a positive cash flow from operations.
In multiple years CLDT reported negative net income over the last 5 years.
Of the past 5 years CLDT 4 years had a positive operating cash flow.
1.2 Ratios
CLDT has a Return On Assets of -0.39%. This is in the lower half of the industry: CLDT underperforms 62.60% of its industry peers.
The Return On Equity of CLDT (-0.68%) is worse than 62.60% of its industry peers.
The Return On Invested Capital of CLDT (2.16%) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.39% | ||
| ROE | -0.68% | ||
| ROIC | 2.16% |
ROA(3y)-0.61%
ROA(5y)-1.22%
ROE(3y)-1.09%
ROE(5y)-2.41%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
CLDT has a worse Operating Margin (11.30%) than 74.80% of its industry peers.
CLDT's Operating Margin has declined in the last couple of years.
With a decent Gross Margin value of 76.49%, CLDT is doing good in the industry, outperforming 72.36% of the companies in the same industry.
CLDT's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.3% | ||
| PM (TTM) | N/A | ||
| GM | 76.49% |
OM growth 3YN/A
OM growth 5Y-9.98%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.85%
GM growth 5Y0.32%
2. Health
2.1 Basic Checks
CLDT has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for CLDT remains at a similar level compared to 1 year ago.
CLDT has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, CLDT has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.53, we must say that CLDT is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 0.53, CLDT perfoms like the industry average, outperforming 44.72% of the companies in the same industry.
The Debt to FCF ratio of CLDT is 10.02, which is on the high side as it means it would take CLDT, 10.02 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 10.02, CLDT belongs to the top of the industry, outperforming 86.99% of the companies in the same industry.
CLDT has a Debt/Equity ratio of 0.62. This is a neutral value indicating CLDT is somewhat dependend on debt financing.
With an excellent Debt to Equity ratio value of 0.62, CLDT belongs to the best of the industry, outperforming 81.30% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 10.02 | ||
| Altman-Z | 0.53 |
ROIC/WACC0.29
WACC7.39%
2.3 Liquidity
CLDT has a Current Ratio of 1.38. This is a normal value and indicates that CLDT is financially healthy and should not expect problems in meeting its short term obligations.
CLDT has a Current ratio (1.38) which is comparable to the rest of the industry.
CLDT has a Quick Ratio of 1.38. This is a normal value and indicates that CLDT is financially healthy and should not expect problems in meeting its short term obligations.
CLDT has a better Quick ratio (1.38) than 60.98% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.38 | ||
| Quick Ratio | 1.38 |
3. Growth
3.1 Past
CLDT shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -120.00%.
The Revenue has been growing slightly by 5.51% in the past year.
The Revenue has been decreasing by -0.82% on average over the past years.
EPS 1Y (TTM)-120%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q-62.5%
Revenue 1Y (TTM)5.51%
Revenue growth 3Y29.01%
Revenue growth 5Y-0.82%
Revenue growth Q2Q2.78%
3.2 Future
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
Based on estimates for the next years, CLDT will show a small growth in Revenue. The Revenue will grow by 2.87% on average per year.
EPS Next Y100%
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year2.43%
Revenue Next 2Y2.98%
Revenue Next 3Y2.87%
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
CLDT reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CLDT indicates a rather cheap valuation: CLDT is cheaper than 90.24% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CLDT indicates a rather cheap valuation: CLDT is cheaper than 91.06% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.29 | ||
| EV/EBITDA | 9.28 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.05%, CLDT has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 5.85, CLDT is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 2.41, CLDT pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.05% |
5.2 History
The dividend of CLDT decreases each year by -19.48%.
CLDT has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of CLDT decreased recently.
Dividend Growth(5Y)-19.48%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
The earnings of CLDT are negative and hence is the payout ratio. CLDT will probably not be able to sustain this dividend level.
DP-417.76%
EPS Next 2YN/A
EPS Next 3YN/A
CHATHAM LODGING TRUST
NYSE:CLDT (5/3/2024, 7:04:00 PM)
After market: 9.18 0 (0%)9.18
+0.01 (+0.11%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap448.90M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.05% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.39% | ||
| ROE | -0.68% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 11.3% | ||
| PM (TTM) | N/A | ||
| GM | 76.49% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.23
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.38 | ||
| Quick Ratio | 1.38 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-120%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y100%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)5.51%
Revenue growth 3Y29.01%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y