CTO REALTY GROWTH INC (CTO)
US22948Q1013 - REIT
Taking everything into account, CTO scores 2 out of 10 in our fundamental rating. CTO was compared to 126 industry peers in the Diversified REITs industry. CTO may be in some trouble as it scores bad on both profitability and health. While showing a medium growth rate, CTO is valued expensive at the moment. Finally CTO also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
CTO had negative earnings in the past year.
In the past year CTO had a positive cash flow from operations.
In multiple years CTO reported negative net income over the last 5 years.
Of the past 5 years CTO 4 years had a positive operating cash flow.
1.2 Ratios
CTO has a Return On Assets of -0.88%. This is in the lower half of the industry: CTO underperforms 67.48% of its industry peers.
CTO has a Return On Equity of -1.96%. This is in the lower half of the industry: CTO underperforms 63.41% of its industry peers.
With a Return On Invested Capital value of 1.31%, CTO is not doing good in the industry: 77.24% of the companies in the same industry are doing better.
CTO had an Average Return On Invested Capital over the past 3 years of 1.49%. This is in line with the industry average of 2.95%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.88% | ||
| ROE | -1.96% | ||
| ROIC | 1.31% |
ROA(3y)5.13%
ROA(5y)7.68%
ROE(3y)9.49%
ROE(5y)17.26%
ROIC(3y)1.49%
ROIC(5y)1.44%
1.3 Margins
Looking at the Operating Margin, with a value of 17.04%, CTO is doing worse than 61.79% of the companies in the same industry.
In the last couple of years the Operating Margin of CTO has remained more or less at the same level.
With a decent Gross Margin value of 71.77%, CTO is doing good in the industry, outperforming 63.41% of the companies in the same industry.
In the last couple of years the Gross Margin of CTO has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.04% | ||
| PM (TTM) | N/A | ||
| GM | 71.77% |
OM growth 3Y-7.51%
OM growth 5Y1.44%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-4.98%
GM growth 5Y-1.63%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), CTO is destroying value.
There is no outstanding debt for CTO. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
CTO has an Altman-Z score of 0.91. This is a bad value and indicates that CTO is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.91, CTO is in the better half of the industry, outperforming 72.36% of the companies in the same industry.
A Debt/Equity ratio of 1.15 is on the high side and indicates that CTO has dependencies on debt financing.
The Debt to Equity ratio of CTO (1.15) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.15 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.91 |
ROIC/WACC0.24
WACC5.57%
2.3 Liquidity
CTO has a Current Ratio of 0.54. This is a bad value and indicates that CTO is not financially healthy enough and could expect problems in meeting its short term obligations.
CTO's Current ratio of 0.54 is on the low side compared to the rest of the industry. CTO is outperformed by 80.49% of its industry peers.
CTO has a Quick Ratio of 0.54. This is a bad value and indicates that CTO is not financially healthy enough and could expect problems in meeting its short term obligations.
CTO's Quick ratio of 0.51 is on the low side compared to the rest of the industry. CTO is outperformed by 80.49% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.54 | ||
| Quick Ratio | 0.51 |
3. Growth
3.1 Past
CTO shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -347.66%.
The Revenue has grown by 20.45% in the past year. This is a very strong growth!
The Revenue has been growing by 16.32% on average over the past years. This is quite good.
EPS 1Y (TTM)-347.66%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q-63.16%
Revenue 1Y (TTM)20.45%
Revenue growth 3Y22.36%
Revenue growth 5Y16.32%
Revenue growth Q2Q23.14%
3.2 Future
The Earnings Per Share is expected to decrease by -89.52% on average over the next years. This is quite bad
Based on estimates for the next years, CTO will show a quite strong growth in Revenue. The Revenue will grow by 12.81% on average per year.
EPS Next Y-370.5%
EPS Next 2Y-133.93%
EPS Next 3Y-89.52%
EPS Next 5YN/A
Revenue Next Year30.5%
Revenue Next 2Y16.06%
Revenue Next 3Y12.81%
Revenue Next 5YN/A
3.3 Evolution
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for CTO. In the last year negative earnings were reported.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for CTO. No positive earnings are expected for the next year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
CTO's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. CTO is more expensive than 60.98% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 15.9 |
4.3 Compensation for Growth
CTO's earnings are expected to decrease with -89.52% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-133.93%
EPS Next 3Y-89.52%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 8.88%, CTO is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.06, CTO pays a better dividend. On top of this CTO pays more dividend than 84.55% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.41, CTO pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.88% |
5.2 History
The dividend of CTO is nicely growing with an annual growth rate of 103.02%!
CTO has been paying a dividend for at least 10 years, so it has a reliable track record.
CTO has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)103.02%
Div Incr Years11
Div Non Decr Years13
5.3 Sustainability
The earnings of CTO are negative and hence is the payout ratio. CTO will probably not be able to sustain this dividend level.
DP-418.06%
EPS Next 2Y-133.93%
EPS Next 3Y-89.52%
CTO REALTY GROWTH INC
NYSE:CTO (4/26/2024, 7:04:01 PM)
After market: 17.13 0 (0%)17.13
+0.02 (+0.12%)
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 Cap390.74M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.88% |
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)
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EPS beat(8)
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EPS beat(12)
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EPS beat(16)
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Revenue beat(2)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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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 | -0.88% | ||
| ROE | -1.96% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 17.04% | ||
| PM (TTM) | N/A | ||
| GM | 71.77% | ||
| 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 Turnover0.1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.15 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.54 | ||
| Quick Ratio | 0.51 | ||
| 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)-347.66%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y-370.5%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)20.45%
Revenue growth 3Y22.36%
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