CTO REALTY GROWTH INC (CTO) Stock Fundamental Analysis
NYSE:CTO - US22948Q1013 - REIT
17.28 USD
+0.09 (+0.52%)
17.35 USD
+0.07 (+0.41%)
We assign a fundamental rating of 3 out of 10 to CTO. 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. 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
In the past year CTO has reported negative net income.
In the past year CTO had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: CTO reported negative net income in multiple years.
In the past 5 years CTO always reported a positive cash flow from operatings.
1.2 Ratios
With a Return On Assets value of -3.05%, CTO is not doing good in the industry: 76.74% of the companies in the same industry are doing better.
The Return On Equity of CTO (-6.56%) is worse than 68.99% of its industry peers.
With a Return On Invested Capital value of 1.15%, CTO is not doing good in the industry: 82.95% of the companies in the same industry are doing better.
The Average Return On Invested Capital over the past 3 years for CTO is in line with the industry average of 3.06%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.05% | ||
| ROE | -6.56% | ||
| ROIC | 1.15% |
ROA(3y)-0.28%
ROA(5y)2.94%
ROE(3y)-0.53%
ROE(5y)5.44%
ROIC(3y)1.49%
ROIC(5y)1.59%
1.3 Margins
CTO has a Operating Margin of 10.40%. This is in the lower half of the industry: CTO underperforms 75.97% of its industry peers.
CTO's Operating Margin has declined in the last couple of years.
With a decent Gross Margin value of 74.20%, CTO is doing good in the industry, outperforming 69.77% of the companies in the same industry.
CTO's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.4% | ||
| PM (TTM) | N/A | ||
| GM | 74.2% |
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), CTO is destroying value.
Compared to 1 year ago, CTO has more shares outstanding
CTO has more shares outstanding than it did 5 years ago.
CTO has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.80, we must say that CTO is in the distress zone and has some risk of bankruptcy.
CTO has a Altman-Z score of 0.80. This is in the better half of the industry: CTO outperforms 68.22% of its industry peers.
CTO has a Debt/Equity ratio of 0.94. This is a neutral value indicating CTO is somewhat dependend on debt financing.
The Debt to Equity ratio of CTO (0.94) is better than 64.34% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.94 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.8 |
ROIC/WACC0.16
WACC7.07%
2.3 Liquidity
CTO has a Current Ratio of 0.14. 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 0.14. This is amonst the worse of the industry: CTO underperforms 93.80% of its industry peers.
A Quick Ratio of 0.14 indicates that CTO may have some problems paying its short term obligations.
With a Quick ratio value of 0.14, CTO is not doing good in the industry: 93.80% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.14 | ||
| Quick Ratio | 0.14 |
3. Growth
3.1 Past
CTO shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -208.16%.
The Revenue has grown by 22.26% in the past year. This is a very strong growth!
CTO shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 22.61% yearly.
EPS 1Y (TTM)-208.16%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-400%
Revenue 1Y (TTM)22.26%
Revenue growth 3Y21.01%
Revenue growth 5Y22.61%
Sales Q2Q%30.48%
3.2 Future
CTO is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 52.36% yearly.
Based on estimates for the next years, CTO will show a quite strong growth in Revenue. The Revenue will grow by 14.94% on average per year.
EPS Next Y-258.09%
EPS Next 2Y52.36%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year23.1%
Revenue Next 2Y14.94%
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.
CTO is valuated quite expensively with a Price/Forward Earnings ratio of 244.41.
CTO's Price/Forward Earnings is on the same level as the industry average.
The average S&P500 Price/Forward Earnings ratio is at 22.72. CTO is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 244.41 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CTO is valued a bit cheaper than 63.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 13.39 |
4.3 Compensation for Growth
A more expensive valuation may be justified as CTO's earnings are expected to grow with 52.36% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y52.36%
EPS Next 3YN/A
5. Dividend
5.1 Amount
CTO has a Yearly Dividend Yield of 9.14%, which is a nice return.
CTO's Dividend Yield is rather good when compared to the industry average which is at 6.31. CTO pays more dividend than 84.50% of the companies in the same industry.
CTO's Dividend Yield is rather good when compared to the S&P500 average which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.14% |
5.2 History
On average, the dividend of CTO grows each year by 71.47%, which is quite nice.
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)71.47%
Div Incr Years0
Div Non Decr Years14
5.3 Sustainability
CTO has negative earnings and hence a negative payout ratio. The dividend may be in danger.
The dividend of CTO is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP-145.82%
EPS Next 2Y52.36%
EPS Next 3YN/A
17.28
+0.09 (+0.52%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners69.42%
Inst Owner Change-6.88%
Ins Owners3.94%
Ins Owner Change0.95%
Market Cap569.20M
Analysts84.44
Price Target22.02 (27.43%)
Short Float %5.48%
Short Ratio4.91
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.14% |
Yearly Dividend1.73
Dividend Growth(5Y)71.47%
DP-145.82%
Div Incr Years0
Div Non Decr Years14
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)72.35%
Min EPS beat(2)41.76%
Max EPS beat(2)102.94%
EPS beat(4)3
Avg EPS beat(4)-1873.68%
Min EPS beat(4)-8412.68%
Max EPS beat(4)773.27%
EPS beat(8)7
Avg EPS beat(8)-764.44%
EPS beat(12)9
Avg EPS beat(12)-871.45%
EPS beat(16)11
Avg EPS beat(16)-453.2%
Revenue beat(2)2
Avg Revenue beat(2)1.45%
Min Revenue beat(2)0.59%
Max Revenue beat(2)2.32%
Revenue beat(4)4
Avg Revenue beat(4)3.2%
Min Revenue beat(4)0.59%
Max Revenue beat(4)6.02%
Revenue beat(8)7
Avg Revenue beat(8)4.11%
Revenue beat(12)11
Avg Revenue beat(12)5.55%
Revenue beat(16)15
Avg Revenue beat(16)8.88%
PT rev (1m)-0.6%
PT rev (3m)-1.89%
EPS NQ rev (1m)96%
EPS NQ rev (3m)-200%
EPS NY rev (1m)54.91%
EPS NY rev (3m)54.91%
Revenue NQ rev (1m)2.44%
Revenue NQ rev (3m)6.28%
Revenue NY rev (1m)1.34%
Revenue NY rev (3m)2.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 244.41 | ||
| P/S | 4.04 | ||
| P/FCF | N/A | ||
| P/OCF | 7.4 | ||
| P/B | 0.99 | ||
| P/tB | 1.16 | ||
| EV/EBITDA | 13.39 |
EPS(TTM)-0.53
EYN/A
EPS(NY)0.07
Fwd EY0.41%
FCF(TTM)-5.1
FCFYN/A
OCF(TTM)2.34
OCFY13.52%
SpS4.28
BVpS17.43
TBVpS14.95
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.05% | ||
| ROE | -6.56% | ||
| ROCE | 1.28% | ||
| ROIC | 1.15% | ||
| ROICexc | 1.16% | ||
| ROICexgc | 1.28% | ||
| OM | 10.4% | ||
| PM (TTM) | N/A | ||
| GM | 74.2% | ||
| FCFM | N/A |
ROA(3y)-0.28%
ROA(5y)2.94%
ROE(3y)-0.53%
ROE(5y)5.44%
ROIC(3y)1.49%
ROIC(5y)1.59%
ROICexc(3y)1.51%
ROICexc(5y)1.6%
ROICexgc(3y)1.74%
ROICexgc(5y)1.85%
ROCE(3y)1.65%
ROCE(5y)1.76%
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-Score5
Asset Turnover0.11
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.94 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 6.22 | ||
| Cap/Depr | 339% | ||
| Cap/Sales | 173.66% | ||
| Interest Coverage | 0.63 | ||
| Cash Conversion | 88.56% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.14 | ||
| Quick Ratio | 0.14 | ||
| Altman-Z | 0.8 |
F-Score5
WACC7.07%
ROIC/WACC0.16
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)-208.16%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-400%
EPS Next Y-258.09%
EPS Next 2Y52.36%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)22.26%
Revenue growth 3Y21.01%
Revenue growth 5Y22.61%
Sales Q2Q%30.48%
Revenue Next Year23.1%
Revenue Next 2Y14.94%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-37.35%
EBIT growth 3Y-14.67%
EBIT growth 5Y-3.97%
EBIT Next Year187.78%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y46.73%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y31.06%
OCF growth 3Y35.98%
OCF growth 5Y33.41%