CTO REALTY GROWTH INC (CTO) Stock Fundamental Analysis
NYSE:CTO - New York Stock Exchange, Inc. - US22948Q1013 - REIT - Currency: USD
Taking everything into account, CTO scores 3 out of 10 in our fundamental rating. CTO was compared to 129 industry peers in the Diversified REITs industry. CTO may be in some trouble as it scores bad on both profitability and health. CTO is quite expensive at the moment. It does show a decent growth rate. Finally CTO also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year CTO has reported negative net income.
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.
CTO had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of -1.05%, CTO is doing worse than 65.12% of the companies in the same industry.
The Return On Equity of CTO (-2.20%) is worse than 65.12% of its industry peers.
CTO has a Return On Invested Capital of 0.96%. This is amonst the worse of the industry: CTO underperforms 85.27% 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 3.15%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.05% | ||
| ROE | -2.2% | ||
| ROIC | 0.96% |
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
CTO has a Operating Margin of 9.41%. This is in the lower half of the industry: CTO underperforms 79.07% of its industry peers.
In the last couple of years the Operating Margin of CTO has declined.
With a decent Gross Margin value of 73.87%, CTO is doing good in the industry, outperforming 68.99% of the companies in the same industry.
CTO's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.41% | ||
| PM (TTM) | N/A | ||
| GM | 73.87% |
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
CTO has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
CTO has more shares outstanding than it did 1 year ago.
CTO has more shares outstanding than it did 5 years ago.
CTO has a better debt/assets ratio than last year.
2.2 Solvency
CTO has an Altman-Z score of 0.87. 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 0.87, CTO is in the better half of the industry, outperforming 70.54% of the companies in the same industry.
A Debt/Equity ratio of 0.93 indicates that CTO is somewhat dependend on debt financing.
With a decent Debt to Equity ratio value of 0.93, CTO is doing good in the industry, outperforming 63.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.93 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.87 |
ROIC/WACC0.13
WACC7.27%
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.
With a Current ratio value of 0.18, CTO is not doing good in the industry: 91.47% of the companies in the same industry are doing better.
A Quick Ratio of 0.18 indicates that CTO may have some problems paying its short term obligations.
CTO's Quick ratio of 0.18 is on the low side compared to the rest of the industry. CTO is outperformed by 90.70% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.18 | ||
| Quick Ratio | 0.18 |
3. Growth
3.1 Past
CTO shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -174.55%.
The Revenue has grown by 17.48% in the past year. This is quite good.
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)-174.55%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-95%
Revenue 1Y (TTM)17.48%
Revenue growth 3Y21.01%
Revenue growth 5Y22.61%
Sales Q2Q%27.32%
3.2 Future
Based on estimates for the next years, CTO will show a very negative growth in Earnings Per Share. The EPS will decrease by -171.02% on average per year.
The Revenue is expected to grow by 14.38% on average over the next years. This is quite good.
EPS Next Y-694.23%
EPS Next 2Y-171.02%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year20.61%
Revenue Next 2Y14.38%
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
The Price/Earnings Ratio is negative for CTO. In the last year negative earnings were reported.
Also next year CTO 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
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 | 14.56 |
4.3 Compensation for Growth
CTO's earnings are expected to decrease with -171.02% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-171.02%
EPS Next 3YN/A
5. Dividend
5.1 Amount
CTO has a Yearly Dividend Yield of 8.51%, which is a nice return.
Compared to an average industry Dividend Yield of 6.80, CTO pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.39, CTO pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.51% |
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 their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)71.47%
Div Incr Years13
Div Non Decr Years13
5.3 Sustainability
CTO has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-392.25%
EPS Next 2Y-171.02%
EPS Next 3YN/A
17.84
+0.09 (+0.51%)
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 Change-2.71%
Ins Owners3.85%
Ins Owner Change7.84%
Market Cap587.47M
Analysts85.45
Price Target22.44 (25.78%)
Short Float %3.5%
Short Ratio3.2
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.51% |
Yearly Dividend1.73
Dividend Growth(5Y)71.47%
DP-392.25%
Div Incr Years13
Div Non Decr Years13
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-4154.87%
Min EPS beat(2)-8412.68%
Max EPS beat(2)102.94%
EPS beat(4)3
Avg EPS beat(4)-1871.49%
Min EPS beat(4)-8412.68%
Max EPS beat(4)773.27%
EPS beat(8)7
Avg EPS beat(8)-753.93%
EPS beat(12)8
Avg EPS beat(12)-882.9%
EPS beat(16)11
Avg EPS beat(16)-413.09%
Revenue beat(2)2
Avg Revenue beat(2)3.31%
Min Revenue beat(2)0.59%
Max Revenue beat(2)6.02%
Revenue beat(4)4
Avg Revenue beat(4)3.67%
Min Revenue beat(4)0.59%
Max Revenue beat(4)6.02%
Revenue beat(8)7
Avg Revenue beat(8)4.57%
Revenue beat(12)11
Avg Revenue beat(12)6.19%
Revenue beat(16)14
Avg Revenue beat(16)8.63%
PT rev (1m)-2.94%
PT rev (3m)-3.3%
EPS NQ rev (1m)-1.09%
EPS NQ rev (3m)-1650%
EPS NY rev (1m)-0.58%
EPS NY rev (3m)-1672.73%
Revenue NQ rev (1m)-0.07%
Revenue NQ rev (3m)5.54%
Revenue NY rev (1m)0.32%
Revenue NY rev (3m)6.62%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 4.44 | ||
| P/FCF | N/A | ||
| P/OCF | 8.65 | ||
| P/B | 0.99 | ||
| P/tB | 1.16 | ||
| EV/EBITDA | 14.56 |
EPS(TTM)-0.41
EYN/A
EPS(NY)-1.62
Fwd EYN/A
FCF(TTM)-5.51
FCFYN/A
OCF(TTM)2.06
OCFY11.56%
SpS4.01
BVpS18.03
TBVpS15.33
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.05% | ||
| ROE | -2.2% | ||
| ROCE | 1.06% | ||
| ROIC | 0.96% | ||
| ROICexc | 0.96% | ||
| ROICexgc | 1.07% | ||
| OM | 9.41% | ||
| PM (TTM) | N/A | ||
| GM | 73.87% | ||
| 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 | 0.93 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 6.81 | ||
| Cap/Depr | 364.13% | ||
| Cap/Sales | 188.62% | ||
| Interest Coverage | 0.57 | ||
| Cash Conversion | 83.91% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.18 | ||
| Quick Ratio | 0.18 | ||
| Altman-Z | 0.87 |
F-Score4
WACC7.27%
ROIC/WACC0.13
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)-174.55%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-95%
EPS Next Y-694.23%
EPS Next 2Y-171.02%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)17.48%
Revenue growth 3Y21.01%
Revenue growth 5Y22.61%
Sales Q2Q%27.32%
Revenue Next Year20.61%
Revenue Next 2Y14.38%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-44.67%
EBIT growth 3Y-14.67%
EBIT growth 5Y-3.97%
EBIT Next Year194.41%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y25.59%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y25.75%
OCF growth 3Y35.98%
OCF growth 5Y33.41%