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. 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. 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.
CTO had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
CTO has a worse Return On Assets (-0.74%) than 66.15% of its industry peers.
CTO's Return On Equity of -1.43% is on the low side compared to the rest of the industry. CTO is outperformed by 65.38% of its industry peers.
With a Return On Invested Capital value of 0.81%, CTO is not doing good in the industry: 85.38% of the companies in the same industry are doing better.
CTO had an Average Return On Invested Capital over the past 3 years of 1.46%. This 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
CTO's Operating Margin of 8.01% is on the low side compared to the rest of the industry. CTO is outperformed by 81.54% of its industry peers.
CTO's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 73.32%, CTO is in the better half of the industry, outperforming 69.23% of the companies in the same industry.
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), 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.
The debt/assets ratio for CTO has been reduced compared to a year ago.
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.
CTO's Altman-Z score of 0.97 is fine compared to the rest of the industry. CTO outperforms 73.85% of its industry peers.
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
WACC7.13%
2.3 Liquidity
A Current Ratio of 0.18 indicates that CTO may have some problems paying its short term obligations.
CTO's Current ratio of 0.18 is on the low side compared to the rest of the industry. CTO is outperformed by 92.31% of its industry peers.
CTO has a Quick 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 worse Quick ratio (0.17) than 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 -1200.00% in the last year.
Looking at the last year, CTO shows a quite strong growth in Revenue. The Revenue has grown by 14.11% in the last year.
CTO shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 22.61% yearly.
EPS 1Y (TTM)-1200%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-324%
Revenue 1Y (TTM)14.11%
Revenue growth 3Y21.01%
Revenue growth 5Y22.61%
Sales Q2Q%19.6%
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 -168.47% on average per year.
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
CTO reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
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 is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 14.7 |
4.3 Compensation for Growth
A cheap valuation may be justified as CTO's earnings are expected to decrease with -168.47% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-168.47%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 8.45%, CTO is a good candidate for dividend investing.
CTO's Dividend Yield is a higher than the industry average which is at 16.32.
Compared to an average S&P500 Dividend Yield of 2.46, CTO pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.45% |
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 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
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
17.99
0 (0%)
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-66.68%
Ins Owners3.85%
Ins Owner Change6.24%
Market Cap592.59M
Analysts84
Price Target22.59 (25.57%)
Short Float %5.88%
Short Ratio4.84
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.45% |
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 | N/A | ||
| Fwd PE | N/A | ||
| P/S | 4.76 | ||
| P/FCF | N/A | ||
| P/OCF | 8.54 | ||
| P/B | 0.97 | ||
| P/tB | 1.11 | ||
| EV/EBITDA | 14.7 |
EPS(TTM)-0.22
EYN/A
EPS(NY)-1.74
Fwd EYN/A
FCF(TTM)-5.24
FCFYN/A
OCF(TTM)2.11
OCFY11.7%
SpS3.78
BVpS18.6
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
WACC7.13%
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)-1200%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-324%
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%19.6%
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%