CTO REALTY GROWTH INC (CTO) Stock Fundamental Analysis
NYSE:CTO - New York Stock Exchange, Inc. - US22948Q1013 - REIT - Currency: USD
CTO gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 130 industry peers in the Diversified REITs industry. Both the profitability and financial health of CTO have multiple concerns. CTO is valied quite expensively at the moment, while it does show a decent growth rate. Finally CTO also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
CTO had positive 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.
In the past 5 years CTO always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of -0.74%, CTO is doing worse than 66.15% of the companies in the same industry.
Looking at the Return On Equity, with a value of -1.43%, CTO is doing worse than 65.38% of the companies in the same industry.
CTO has a worse Return On Invested Capital (0.81%) than 85.38% of its industry peers.
The Average Return On Invested Capital over the past 3 years for CTO is in line with the industry average of 3.17%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.74% | ||
| ROE | -1.43% | ||
| ROIC | 0.81% |
ROA(3y)-0.28%
ROA(5y)2.94%
ROE(3y)-0.53%
ROE(5y)5.44%
ROIC(3y)1.46%
ROIC(5y)1.56%
1.3 Margins
The Operating Margin of CTO (8.01%) is worse than 81.54% of its industry peers.
CTO's Operating Margin has declined in the last couple of years.
CTO has a better Gross Margin (73.32%) than 69.23% of its industry peers.
CTO's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.01% | ||
| PM (TTM) | N/A | ||
| GM | 73.32% |
OM growth 3Y-29.48%
OM growth 5Y-21.68%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y2.5%
GM growth 5Y-2.73%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so CTO is destroying value.
CTO has more shares outstanding than it did 1 year ago.
The number of shares outstanding for CTO has been increased compared to 5 years ago.
CTO has a better debt/assets ratio than last year.
2.2 Solvency
CTO has an Altman-Z score of 0.97. This is a bad value and indicates that CTO is not financially healthy and even has some risk of bankruptcy.
With a decent Altman-Z score value of 0.97, CTO is doing good in the industry, outperforming 74.62% of the companies in the same industry.
CTO has a Debt/Equity ratio of 0.76. This is a neutral value indicating CTO is somewhat dependend on debt financing.
CTO's Debt to Equity ratio of 0.76 is fine compared to the rest of the industry. CTO outperforms 71.54% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.76 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.97 |
ROIC/WACC0.11
WACC7.17%
2.3 Liquidity
CTO has a Current Ratio of 0.18. 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 has a Current ratio of 0.18. This is amonst the worse of the industry: CTO underperforms 92.31% of its industry peers.
A Quick Ratio of 0.17 indicates that CTO may have some problems paying its short term obligations.
CTO has a Quick ratio of 0.17. This is amonst the worse of the industry: CTO underperforms 92.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.18 | ||
| Quick Ratio | 0.17 |
3. Growth
3.1 Past
The earnings per share for CTO have decreased strongly by -87.27% in the last year.
CTO shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 14.11%.
Measured over the past years, CTO shows a very strong growth in Revenue. The Revenue has been growing by 22.61% on average per year.
EPS 1Y (TTM)-87.27%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%145%
Revenue 1Y (TTM)14.11%
Revenue growth 3Y21.01%
Revenue growth 5Y22.61%
Sales Q2Q%27.32%
3.2 Future
CTO is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -168.47% yearly.
Based on estimates for the next years, CTO will show a quite strong growth in Revenue. The Revenue will grow by 14.55% on average per year.
EPS Next Y-689.64%
EPS Next 2Y-168.47%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year20.22%
Revenue Next 2Y14.55%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 259.14, the valuation of CTO can be described as expensive.
67.69% of the companies in the same industry are cheaper than CTO, based on the Price/Earnings ratio.
CTO is valuated expensively when we compare the Price/Earnings ratio to 28.22, which is the current average of the S&P500 Index.
The Forward Price/Earnings Ratio is negative for CTO. No positive earnings are expected for the next year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 259.14 | ||
| Fwd PE | N/A |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CTO is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 14.74 |
4.3 Compensation for Growth
CTO's earnings are expected to decrease with -168.47% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-168.47%
EPS Next 3YN/A
5. Dividend
5.1 Amount
CTO has a Yearly Dividend Yield of 8.32%, which is a nice return.
CTO's Dividend Yield is a higher than the industry average which is at 16.33.
CTO's Dividend Yield is rather good when compared to the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.32% |
5.2 History
The dividend of CTO is nicely growing with an annual growth rate of 71.47%!
CTO has paid a dividend for at least 10 years, which is 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)71.47%
Div Incr Years13
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-536.44%
EPS Next 2Y-168.47%
EPS Next 3YN/A
18.14
+0.04 (+0.22%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners75.83%
Inst Owner Change0.25%
Ins Owners3.85%
Ins Owner Change6.24%
Market Cap597.35M
Analysts85.45
Price Target22.59 (24.53%)
Short Float %3.8%
Short Ratio3.13
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.32% |
Yearly Dividend1.73
Dividend Growth(5Y)71.47%
DP-536.44%
Div Incr Years13
Div Non Decr Years13
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-3819.7%
Min EPS beat(2)-8412.68%
Max EPS beat(2)773.27%
EPS beat(4)3
Avg EPS beat(4)-1674.21%
Min EPS beat(4)-8412.68%
Max EPS beat(4)892.08%
EPS beat(8)6
Avg EPS beat(8)-830.88%
EPS beat(12)7
Avg EPS beat(12)-904.77%
EPS beat(16)10
Avg EPS beat(16)-420.72%
Revenue beat(2)2
Avg Revenue beat(2)4.95%
Min Revenue beat(2)3.89%
Max Revenue beat(2)6.02%
Revenue beat(4)3
Avg Revenue beat(4)1.8%
Min Revenue beat(4)-6.9%
Max Revenue beat(4)6.02%
Revenue beat(8)7
Avg Revenue beat(8)5.57%
Revenue beat(12)11
Avg Revenue beat(12)6.18%
Revenue beat(16)14
Avg Revenue beat(16)8.61%
PT rev (1m)-1.95%
PT rev (3m)-2.67%
EPS NQ rev (1m)-43.26%
EPS NQ rev (3m)N/A
EPS NY rev (1m)-69.46%
EPS NY rev (3m)-1663.64%
Revenue NQ rev (1m)1.33%
Revenue NQ rev (3m)4.17%
Revenue NY rev (1m)1.77%
Revenue NY rev (3m)6.28%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 259.14 | ||
| Fwd PE | N/A | ||
| P/S | 4.8 | ||
| P/FCF | N/A | ||
| P/OCF | 8.61 | ||
| P/B | 0.97 | ||
| P/tB | 1.12 | ||
| EV/EBITDA | 14.74 |
EPS(TTM)0.07
EY0.39%
EPS(NY)-1.59
Fwd EYN/A
FCF(TTM)-5.24
FCFYN/A
OCF(TTM)2.11
OCFY11.61%
SpS3.78
BVpS18.61
TBVpS16.2
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.74% | ||
| ROE | -1.43% | ||
| ROCE | 0.9% | ||
| ROIC | 0.81% | ||
| ROICexc | 0.82% | ||
| ROICexgc | 0.91% | ||
| OM | 8.01% | ||
| PM (TTM) | N/A | ||
| GM | 73.32% | ||
| FCFM | N/A |
ROA(3y)-0.28%
ROA(5y)2.94%
ROE(3y)-0.53%
ROE(5y)5.44%
ROIC(3y)1.46%
ROIC(5y)1.56%
ROICexc(3y)1.48%
ROICexc(5y)1.58%
ROICexgc(3y)1.7%
ROICexgc(5y)1.82%
ROCE(3y)1.61%
ROCE(5y)1.74%
ROICexcg growth 3Y-27.84%
ROICexcg growth 5Y-12.12%
ROICexc growth 3Y-26.17%
ROICexc growth 5Y-12.49%
OM growth 3Y-29.48%
OM growth 5Y-21.68%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y2.5%
GM growth 5Y-2.73%
F-Score4
Asset Turnover0.11
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.76 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 6.24 | ||
| Cap/Depr | 371.87% | ||
| Cap/Sales | 194.27% | ||
| Interest Coverage | 0.47 | ||
| Cash Conversion | 92.43% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.18 | ||
| Quick Ratio | 0.17 | ||
| Altman-Z | 0.97 |
F-Score4
WACC7.17%
ROIC/WACC0.11
Cap/Depr(3y)564.23%
Cap/Depr(5y)763.78%
Cap/Sales(3y)223.32%
Cap/Sales(5y)266.49%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-87.27%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%145%
EPS Next Y-689.64%
EPS Next 2Y-168.47%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)14.11%
Revenue growth 3Y21.01%
Revenue growth 5Y22.61%
Sales Q2Q%27.32%
Revenue Next Year20.22%
Revenue Next 2Y14.55%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-51.37%
EBIT growth 3Y-14.67%
EBIT growth 5Y-3.97%
EBIT Next Year194.41%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-205.24%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y49.39%
OCF growth 3Y35.98%
OCF growth 5Y33.41%